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406 Newberne Street

406 Newberne Street, Lynchburg, VA 24501
Property in Westend
Sold Mar 15, 2012
$92,000
$91,900 by Branch Banking And Trust Co
Mortgage Due Apr 01, 2042
Sold Jul 30, 2007
$55,000
$56,650 by Virginia Housing Development A
Mortgage Due Aug 01, 2037
Local assessors in Lynchburg, VA have categorized 406 Newberne Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 6,194 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 500 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 406 Newberne Street has a total of 1,109 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 composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump 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, 406 Newberne Street was last sold in Mar 9, 2012 for $92,000. According to our calculations, that's $82.96 per sqft. Prior to that sales transaction, the property was sold for $55,000 in Jul 20, 2007. Current property owners are expected to pay $1,187 in taxes per year. The property on 406 Newberne Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $133,400. To break that down further, the land itself was valued at $25,000. While improvements to the property were assessed at a total of $108,400. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • 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: 1
  • Basement Type: Unfinished basement
  • Basement Area: 977
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,194
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,109
  • Building Area: 1,109
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,109
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEWBERNE
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTOVER HEIGHTS, BLK 39, LOT 4

Ownership

  • Current Owner : SELLERS JENNA S
  • Previous Owner : OLENIK JOEL K
  • Previous Owner 2: OLENIK NATALIE J
  • Owner Before Previous Owner: DAWSON LESLIE R
  • Owner Before Previous Owner 2: DAWSON MICHELLE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 000801

Zoning

  • Zoning: R2

Geography

  • Parcel: 013 25 005
  • Block: 39
  • Lot: 4
  • Latitude: 37.3956
  • Longitude: -79.1805

    Address

  • Full Address: 406 Newberne St
  • Address - House Number: 406
  • Address - Street Name: Newberne
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C052
  • 4-Digit Zip Code: 3524
  • Zip Code: 24501

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,187

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 181,163
  • High Value: 224,402
  • Low Value: 137,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,900
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 15, 2012
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $91,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $133,400
  • Market Land Value: $25,000
  • Market Improvement Value: $108,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,400
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $108,400

    Sales

  • Current Sale Contract Date: Mar 09, 2012
  • Current Sale Recording Date: Mar 15, 2012
  • Current Sale Transaction ID: 1155370470
  • Current Sale Price: $92,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 120001659
  • Previous Sale Recording Date: Jul 30, 2007
  • Previous Sale Contract Date: Jul 20, 2007
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Mar 15, 2012
  • First Mortgage Loan Amount: $91,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2042

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: VIRGINIA HOUSING DEVELOPMENT A
  • Previous Mortgage Transaction Date: Jul 30, 2007
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $56,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2037

About Westend



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Frequently Asked Questions

What neighborhood is 406 Newberne Street located in?
The 406 Newberne Street is a located in the neighborhood of Westend in Westend, Lynchburg.
What is the average sales price for listings in 406 Newberne Street?
The average sales price for units in 406 Newberne Street is $0 currently.

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