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4705 Clarke Street

4705 Clarke Street, Lynchburg, VA 24502
Property in Fort Hill
Sold Jun 03, 2021
$35,000
$167,000 by Alcove Mortgage Llc
Mortgage Due Apr 01, 2054
4705 Clarke Street has been categorized by the local assessors in Lynchburg, VA as a residential type of property. The building on the property was first built in 1954 and is 70 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4705 Clarke Street has 1,744 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,391 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 14,919 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 264 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4705 Clarke Street sold most recently in May 24, 2021 for a total of $35,000. If you work out the math, that's approximately a cost of $20.07 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,518 in taxes each year. 4705 Clarke Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $170,600. If we break it down further, the land itself was valued at $36,000. Improvements to the property, however, were assessed at a total of $134,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: Finished improved basement
  • Basement Area: 1,391
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,919
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,744
  • Building Area: 1,744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORT HILL - EAST
  • Land Acres: 0.342
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RADCLIFF, BLK 6, LOT 8-9

Ownership

  • Current Owner : WILSON DAVID J
  • Previous Owner : ANDRADE JESSICA RENEE

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001000

Zoning

  • Zoning: R2

Geography

  • Parcel: 053 08 008
  • Block: 6
  • Lot: 8-9
  • Latitude: 37.381
  • Longitude: -79.1792

    Address

  • Full Address: 4705 Clarke St
  • Address - House Number: 4705
  • Address - Street Name: Clarke
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C067
  • 4-Digit Zip Code: 5105
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,518

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 236,682
  • High Value: 288,884
  • Low Value: 184,480

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,000
  • First Open Lien Mortgage Lender: ALCOVE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 04, 2024
  • First Open Lien Mortgage Loan Amount: $167,000
  • 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, 2054

    Market Valuation

  • Market Total Value: $170,600
  • Market Land Value: $36,000
  • Market Improvement Value: $134,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $170,600
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $134,600

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11837794940
  • Current Sale Price: $35,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 210004984

    Last Sale Mortgage

  • First Mortgage Lender: SELECT BANK
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $88,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4705 Clarke Street located in?
The 4705 Clarke Street is a located in the neighborhood of Fort Hill in Fort Hill, Lynchburg.
What is the average sales price for listings in 4705 Clarke Street?
The average sales price for units in 4705 Clarke Street is $0 currently.

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