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216 Munford Street

216 Munford Street, Lynchburg, VA 24501
Property in Dearington
Sold Jul 12, 2023
$173,500
$177,230 by Guaranteed Rate, Inc.
Mortgage Due Aug 01, 2053
Sold May 15, 2023
$163,500
$138,975 by Bank Of Charlotte County
Mortgage Due May 12, 2026
Local assessors in Lynchburg, VA have categorized 216 Munford Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 5,031 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 413 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 216 Munford Street has a total of 977 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable or hip style roof that was made of metal. Lots of concrete block were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. 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, 216 Munford Street was last sold in Jul 10, 2023 for $173,500. According to our calculations, that's $177.58 per sqft. Prior to that sales transaction, the property was sold for $163,500 in May 11, 2023. Current property owners are expected to pay $1,179 in taxes per year. The property on 216 Munford Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $132,500. To break that down further, the land itself was valued at $14,000. While improvements to the property were assessed at a total of $118,500. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 204
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,031
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 413
  • Total Building Area: 977
  • Building Area: 977
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 977
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEARINGTON PARK
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DEARINGTON, PT LOT 28

Ownership

  • Current Owner : SYLVESTER GAVIN L
  • Previous Owner : ESTATESCAPE LLC
  • Owner Before Previous Owner: CRUZ JOSE MARTINEZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 000700

Zoning

  • Zoning: R3

Geography

  • Parcel: 003 13 007
  • Lot: 28
  • Latitude: 37.4107
  • Longitude: -79.1633

    Address

  • Full Address: 216 Munford St
  • Address - House Number: 216
  • Address - Street Name: Munford
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C012
  • 4-Digit Zip Code: 1616
  • Zip Code: 24501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,179

    Appraisal Valuation

  • Standard Deviation: 0.0918
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 92
  • Final Value: 36,824
  • High Value: 40,206
  • Low Value: 33,442

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $177,230
  • First Open Lien Mortgage Lender: GUARANTEED RATE, INC.
  • First Open Lien Mortgage Recording Date: Jul 12, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $177,230
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $132,500
  • Market Land Value: $14,000
  • Market Improvement Value: $118,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,500
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $118,500

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Transaction ID: 11909415655
  • Current Sale Price: $173,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4105
  • Previous Sale Recording Date: May 15, 2023
  • Previous Sale Contract Date: May 11, 2023
  • Previous Sale Amount: $163,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE, INC.
  • First Mortgage Transaction Date: Jul 12, 2023
  • First Mortgage Loan Amount: $177,230
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF CHARLOTTE COUNTY
  • Previous Mortgage Transaction Date: May 15, 2023
  • Previous Mortgage Loan Amount: $138,975
  • Previous Mortgage Term: 36
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 12, 2026

About Dearington



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Frequently Asked Questions

What neighborhood is 216 Munford Street located in?
The 216 Munford Street is a located in the neighborhood of Dearington in Dearington, Lynchburg.
What is the average sales price for listings in 216 Munford Street?
The average sales price for units in 216 Munford Street is $0 currently.

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