See Home Value
$196,954*
House - Off Market

704 Biltmore

Lynchburg, VA 24502
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2025 Sqft
$158,000 - $192,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Nov 13, 2020
$175,000
$171,830 by Embrace Home Loans Inc
Mortgage

About This Property

Come check out this great 5 bedroom 2 bath home! This home has many great features including a second kitchen in the basement that would be great for an in-laws suite or Airbnb. It also features hardwoods throughout the main level, wood burning fireplace, vinyl replacement, stainless fridge, stove, dishwasher, new carpet in the basement and a huge back deck! All of this and a convenient location.

The manager has listed the unit size as 2025 square feet.
Unit Size
2,025Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$86
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 13, 2020 Sold to William R Atwell $175,000
Sold to William R Atwell
Oct 13, 2020 In contract -
In contract
Sep 22, 2020 Price Decreased $175,000
↓ $5K (2.7%)
Price Decreased
Aug 26, 2020 Listed $179,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 1,103
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,350
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,125
  • Building Area: 1,125
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PERRYMONT
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNSET HEIGHTS, BLK 2, PT LOTS 3-5

Ownership

  • Current Owner : ATWELL WILLIAM R
  • Previous Owner : ROSE JACOB M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 000802

Zoning

  • Zoning: R2

Geography

  • Parcel: 056 04 007
  • Block: 2
  • Lot: 3-5
  • Latitude: 37.3879
  • Longitude: -79.1829

    Address

  • Full Address: 704 Biltmore Ave
  • Address - House Number: 704
  • Address - Street Name: Biltmore
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C028
  • 4-Digit Zip Code: 1118
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,693

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 227,485
  • High Value: 278,173
  • Low Value: 176,796

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $186,522
  • First Open Lien Mortgage Lender: EMBRACE HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Loan Amount: $171,830
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Oct 27, 2023
  • Second Open Lien Mortgage Loan Amount: $14,692
  • Second Open Lien Mortgage Term: 325
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $190,200
  • Market Land Value: $30,000
  • Market Improvement Value: $160,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,200
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $160,200

    Sales

  • Current Sale Contract Date: Nov 03, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Transaction ID: 11809448698
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 200008459

    Last Sale Mortgage

  • First Mortgage Lender: EMBRACE HOME LOANS INC
  • First Mortgage Transaction Date: Nov 13, 2020
  • First Mortgage Loan Amount: $171,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,416 ft²
$113/ft²
$159,900 Jul 12, 2023
-
-
House
2 Beds
1 Bath
1,314 ft²
$137/ft²
$179,900 Jul 7, 2023
-
-
House
3 Beds
1.5 Baths
1,246 ft²
$152/ft²
$189,900 May 13, 2023
-
-
House
3 Beds
1.5 Baths
1,449 ft²
$145/ft²
$209,500 Jun 13, 2023
-
-
House
3 Beds
3 Baths
2,598 ft²
$81/ft²
$210,000 Jun 30, 2023
-
-

About Perrymont


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Frequently Asked Questions

When was property at 704 Biltmore Avenue built and last sold?
The property at 704 Biltmore Avenue was built in 1953 and last sold on Nov 3, 2020 for $175,000.
How much is this home worth?
The estimated value of the home located at 704 Biltmore Avenue is $176,963.
What are some comparable homes to 704 Biltmore Avenue?
There are currently no comparable homes to 704 Biltmore Avenue.

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