538 Oakley Avenue

Local assessors in Lynchburg, VA have categorized 538 Oakley Avenue as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 13,856 square feet. The linear feet between the front and back of the lot was measured at 2,640 ft and the front of the lot was measured at 515 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 538 Oakley Avenue has a total of 1,056 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 brick veneer 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 steam heating system is the primary heating source. 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, 538 Oakley Avenue sold most recently in Jun 25, 2021 for a total of $133,500. If you work out the math, that's approximately a cost of $126.42 per sqft. Before that, the property was also sold for $107,000 in Nov 26, 2018. 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 $1,193 in taxes each year. 538 Oakley Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,000. If we break it down further, the land itself was valued at $79,500. Improvements to the property, however, were assessed at a total of $54,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.