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607 Pearl Street

607 Pearl Street, Lynchburg, VA 24504
Property in Diamond Hill
Sold Apr 24, 2019
$255,000
$240,000 by United Wholesale Mortgage
Mortgage Due Apr 24, 2049
Sold Apr 11, 2013
$140,000
607 Pearl 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 1899 and is 125 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 607 Pearl Street has 2,256 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,290 ft and across the front of the lot is 300 ft. The area measurement of the land has been determined as 3,759 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. Residents will have the luxury of enjoying a unknown. 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 wood 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. 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, 607 Pearl Street was last sold in Apr 5, 2019 for $255,000. According to our calculations, that's $113.03 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Apr 10, 2013. Current property owners are expected to pay $1,473 in taxes per year. The property on 607 Pearl Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $278,500. To break that down further, the land itself was valued at $24,500. While improvements to the property were assessed at a total of $254,000. 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: 1899
  • Effective Year Built: 1899
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,128
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,759
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 300
  • Total Building Area: 2,256
  • Building Area: 2,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,256
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DIAMOND HILL
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DIAMOND HILL, BLK D 2

Ownership

  • Current Owner : MILLARD SARAH M
  • Previous Owner : CHADWICK KEVIN C
  • Previous Owner 2: CROSSLEY WANDA K
  • Owner Before Previous Owner: MALIK DENNIS W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001100

Zoning

  • Zoning: R2

Geography

  • Parcel: 025 22 008
  • Block: D
  • Latitude: 37.4079
  • Longitude: -79.142

    Address

  • Full Address: 607 Pearl St
  • Address - House Number: 607
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C072
  • 4-Digit Zip Code: 5119
  • Zip Code: 24504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,473

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 312,609
  • High Value: 386,224
  • Low Value: 238,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 24, 2019
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 24, 2049

    Market Valuation

  • Market Total Value: $278,500
  • Market Land Value: $24,500
  • Market Improvement Value: $254,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,500
  • Assessed Land Value: $24,500
  • Assessed Improvements Value: $254,000

    Sales

  • Current Sale Contract Date: Apr 05, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Transaction ID: 11790481806
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190002188
  • Previous Sale Recording Date: Apr 11, 2013
  • Previous Sale Contract Date: Apr 10, 2013
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 24, 2019
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Diamond Hill



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 607 Pearl Street located in?
The 607 Pearl Street is a located in the neighborhood of Diamond Hill in Diamond Hill, Lynchburg.
What is the average sales price for listings in 607 Pearl Street?
The average sales price for units in 607 Pearl Street is $0 currently.

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