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308 Walnut Street

308 Walnut Street, Lynchburg, VA 24504
Property in White Rock Hill
Sold Jun 28, 2016
$80,000
$60,000 by Greater Lynchburg Habitat For
Mortgage Due Jul 01, 2041
Sold Jul 31, 2015
$30,398
308 Walnut Street in Lynchburg, VA was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 308 Walnut Street has 1,176 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 6,382 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump. 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, 308 Walnut Street was last sold in Jun 27, 2016 for $80,000. According to our calculations, that's $68.03 per sqft. Prior to that sales transaction, the property was sold for $30,398 in Jun 23, 2015. Current property owners are expected to pay $845 in taxes per year. The property on 308 Walnut Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $94,900. To break that down further, the land itself was valued at $7,500. While improvements to the property were assessed at a total of $87,400. 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.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,382
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITE ROCK
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCCORKLE, BLK B, LOT 3

Ownership

  • Current Owner : ASHBY BRUCE K
  • Previous Owner : GREATER LYNCHBURG HABITAT FOR HUMANITY I
  • Owner Before Previous Owner: ASHBY SHENIK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001900

Zoning

  • Zoning: R3

Geography

  • Parcel: 025 50 004
  • Block: B
  • Lot: 3
  • Latitude: 37.407
  • Longitude: -79.1373

    Address

  • Full Address: 308 Walnut St
  • Address - House Number: 308
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C065
  • 4-Digit Zip Code: 4726
  • Zip Code: 24504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $845

    Appraisal Valuation

  • Standard Deviation: 0.2518
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 64
  • Final Value: 145,411
  • High Value: 182,026
  • Low Value: 108,796

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $60,000
  • First Open Lien Mortgage Lender: GREATER LYNCHBURG HABITAT FOR
  • First Open Lien Mortgage Recording Date: Jun 28, 2016
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2041

    Market Valuation

  • Market Total Value: $94,900
  • Market Land Value: $7,500
  • Market Improvement Value: $87,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,900
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $87,400

    Sales

  • Current Sale Contract Date: Jun 27, 2016
  • Current Sale Recording Date: Jun 28, 2016
  • Current Sale Transaction ID: 1786472190
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 160003811
  • Previous Sale Recording Date: Jul 31, 2015
  • Previous Sale Contract Date: Jun 23, 2015
  • Previous Sale Amount: $30,398
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GREATER LYNCHBURG HABITAT FOR
  • First Mortgage Transaction Date: Jun 28, 2016
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2041

About White Rock Hill



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Frequently Asked Questions

What neighborhood is 308 Walnut Street located in?
The 308 Walnut Street is a located in the neighborhood of White Rock Hill in White Rock Hill, Lynchburg.
What is the average sales price for listings in 308 Walnut Street?
The average sales price for units in 308 Walnut Street is $0 currently.

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