Conveniently located, yet tucked away amongst the trees for privacy, this multifamily home features two units, plenty of parking, storage, and outdoor space for your tenants to enjoy. This has been a great cash-flowing property for the current owners. Unit one consists of the main level and basement. The main level features a large living area, primary bedroom, and kitchen. Downstairs offers two additional bedrooms, ample storage space, and access to the common laundry room. Unit two is accessed through a separate, exterior entrance that leads upstairs. This unit offers updated flooring, two bedrooms and one full bath, living area, and full kitchen. Each unit has its own HVAC and separate electric meters. There is also potential for the addition of a third efficiency unit in the basement with some remodeling. Full bath on every level. Vacant and easy to show!
Sold for $177,500
$177,500
1500 Esmond St, Lynchburg, VA 24504
--beds
2,188sqft
Multi Family
Built in 1927
-- sqft lot
$249,400 Zestimate®
$81/sqft
$1,217 Estimated rent
Home value
$249,400
$227,000 - $274,000
$1,217/mo
Zestimate® history
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$854/mo
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List your homeWhat's special
Full kitchenPlenty of parkingAmple storage spaceUpdated flooringOutdoor space
Zillow last checked:
Listing updated:
Listed by:
Shane Timberlake 434-907-6250 shane@karlmillerrealty.com,
Karl Miller Realty LLC,
Karl Miller 434-942-7009,
Karl Miller Realty LLC
Bought with:
Logan Bosiger, 0225245675
Lauren Bell Real Estate, Inc.
Source: LMLS,MLS#: 349287
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater, Individual Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Refrigerator, Washer)
- Laundry: Common Area, Unit 1(Dryer Hookup, Utility Room, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup)
Features
- Unit 1 Extra Storage
- Flooring: Laminate, Vinyl, Wood Floors
- Doors: Unit 1 Storm Windows/Doors
- Windows: Unit 1 Storm Windows/Doors
- Has fireplace: Yes
Interior area
- Total structure area: 2,188
- Total interior livable area: 2,188 sqft
Property
Parking
- Parking features: 1 Space/Unit, Guest, Off Street, Unpaved Drive
- Has uncovered spaces: Yes
Features
- Patio & porch: Unit 1(Balcony/Patio, Porch)
Lot
- Size: 0.35 Acres
Details
- Foundation area: 868
- Parcel number: 00804040
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Plaster, Brick, Vinyl Siding
Condition
- Year built: 1927
Utilities & green energy
- Electric: American Electric, Indiv Meter/Electric
- Sewer: City
- Water: City
Community & HOA
Community
- Features: Near Public Transport
- Security: Unit 1 Smoke Alarm
- Subdivision: Danielsville
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $170,600
- Annual tax amount: $1,266
- Date on market: 12/4/2023
- Cumulative days on market: 86 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2024 | Sold | $177,500-4.6%$81/sqft |
Source:  LMLS #349287 Report a problem | ||
| 3/6/2024 | Pending sale | $186,000$85/sqft |
Source: LMLS #349287 Report a problem | ||
| 3/1/2024 | Price change | $186,000-2.1%$85/sqft |
Source: LMLS #349287 Report a problem | ||
| 2/1/2024 | Listed for sale | $189,900$87/sqft |
Source: LMLS #349287 Report a problem | ||
| 1/25/2024 | Pending sale | $189,900$87/sqft |
Source: LMLS #349287 Report a problem | ||
| 12/4/2023 | Listed for sale | $189,900+61.6%$87/sqft |
Source: LMLS #349287 Report a problem | ||
| 1/31/2020 | Sold | $117,500-5.9%$54/sqft |
Source: LMLS #321284 Report a problem | ||
| 12/20/2019 | Price change | $124,900-3.8%$57/sqft |
Source: Re/Max 1st Olympic #321284 Report a problem | ||
| 11/1/2019 | Price change | $129,900-7.1%$59/sqft |
Source: Re/Max 1st Olympic #321284 Report a problem | ||
| 10/1/2019 | Listed for sale | $139,900+12%$64/sqft |
Source: Re/Max 1st Olympic #321284 Report a problem | ||
| 7/27/2019 | Listing removed | $124,900$57/sqft |
Source: Owner Report a problem | ||
| 10/3/2018 | Listed for sale | $124,900$57/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,433 +13.2% | $170,600 +19.9% |
| 2024 | $1,266 | $142,300 |
| 2023 | $1,266 +1.2% | $142,300 +26.3% |
| 2022 | $1,251 | $112,700 |
| 2021 | $1,251 | $112,700 |
| 2020 | $1,251 +34.8% | $112,700 +34.8% |
| 2019 | $928 +2.5% | $83,600 +2.5% |
| 2018 | $906 | $81,600 |
| 2017 | $906 | $81,600 |
| 2016 | $906 | $81,600 +19.8% |
| 2015 | $906 +19.8% | $68,100 -7% |
| 2014 | $756 | $73,200 |
| 2012 | -- | $73,200 |
| 2011 | -- | $73,200 -1.6% |
| 2009 | -- | $74,400 |
| 2008 | -- | $74,400 +10.4% |
| 2007 | -- | $67,400 |
| 2006 | -- | $67,400 |
| 2005 | -- | $67,400 +49.4% |
| 2004 | -- | $45,100 |
| 2003 | -- | $45,100 +0.2% |
| 2002 | -- | $45,000 |
| 2001 | -- | $45,000 |
Find assessor info on the county website
Neighborhood: 24504
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Nearby schools
GreatSchools rating
- 2/10Linkhorne Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 2/10Linkhorne Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 1.5 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24504
- 1500 Esmond St
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