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1424 Elm Street

1424 Elm Street, Lynchburg, VA 24504
Property in Diamond Hill
This has been categorized as a vacant property type. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1424 Elm Street was last sold in Feb 16, 2021 for $2,230,000. Current property owners are expected to pay $304 in taxes per year. The property on 1424 Elm Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $27,900. To break that down further, the land itself was valued at $27,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: DOWNTOWN-CENTRAL BUSINESS DIST
  • Land Acres: 0.28
  • Standard Land Use Code: Commercial-vacant land
  • Legal Description 1: BLK 1-2

Ownership

  • Current Owner : MAIN LLC
  • Previous Owner : PATEL SURESH
  • Previous Owner 2: PATEL BHAMINI
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 000500

Zoning

  • Zoning: B6

Geography

  • Parcel: 046 13 004
  • Block: 1-2
  • Latitude: 37.41
  • Longitude: -79.1364

    Address

  • Full Address: 1424 Elm St
  • Address - House Number: 1424
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C065
  • 4-Digit Zip Code: 1901
  • Zip Code: 24504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $7,300,000
  • First Open Lien Mortgage Lender: ESSEX BANK
  • First Open Lien Mortgage Recording Date: Feb 26, 2021
  • First Open Lien Mortgage Loan Amount: $7,300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $27,900
  • Market Land Value: $27,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,900
  • Assessed Land Value: $27,900

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Transaction ID: 11823769078
  • Current Sale Price: $2,230,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210001729

    Last Sale Mortgage

  • First Mortgage Lender: ESSEX BANK
  • First Mortgage Transaction Date: Feb 26, 2021
  • First Mortgage Loan Amount: $7,300,000
  • First Mortgage Loan Type: Commercial

About Diamond Hill



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1424 Elm Street located in?
The 1424 Elm Street is a located in the neighborhood of Diamond Hill in Diamond Hill, Lynchburg.
What is the average sales price for listings in 1424 Elm Street?
The average sales price for units in 1424 Elm Street is $0 currently.

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