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605 Middle Street

605 Middle Street, Lynchburg, VA 24502
Property in Lynchburg
Sold May 28, 2021
$219,500
$208,500 by Truist Bank
Mortgage
605 Middle Street in Lynchburg, VA was first built in 1975 and is 49 years old. This has been categorized as a residential property type. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 605 Middle Street has 1,441 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 1,400 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 24,921 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 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, 605 Middle Street sold most recently in May 28, 2021 for a total of $219,500. If you work out the math, that's approximately a cost of $152.32 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 $2,470 in taxes each year. 605 Middle Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $277,500. If we break it down further, the land itself was valued at $34,000. Improvements to the property, however, were assessed at a total of $243,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Basement Type: Unspecified basement
  • Basement Area: 150
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 24,921
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 1,441
  • Building Area: 1,441
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,441
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEESVILLE RD
  • Land Acres: 0.572
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MCVEIGH, PT LOT 301-308

Ownership

  • Current Owner : COLLINS LANCE C
  • Current Owner 2: COLLINS HOLLY ELIZABETH
  • Previous Owner : ARTHUR MICHAEL W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001603

Zoning

  • Zoning: R1

Geography

  • Parcel: 255 06 018
  • Lot: 301-308
  • Latitude: 37.3489
  • Longitude: -79.209

    Address

  • Full Address: 605 Middle St
  • Address - House Number: 605
  • Address - Street Name: Middle
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C078
  • 4-Digit Zip Code: 2836
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,470

    Appraisal Valuation

  • Standard Deviation: 0.2386
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 66
  • Final Value: 317,619
  • High Value: 393,426
  • Low Value: 241,812

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $208,500
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $208,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $277,500
  • Market Land Value: $34,000
  • Market Improvement Value: $243,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,500
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $243,500

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11837799186
  • Current Sale Price: $219,500
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 210004792

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $208,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Lynchburg



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Frequently Asked Questions

What neighborhood is 605 Middle Street located in?
The 605 Middle Street is a located in the neighborhood of Lynchburg in Lynchburg, Lynchburg.
What is the average sales price for listings in 605 Middle Street?
The average sales price for units in 605 Middle Street is $0 currently.

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