Income producing investment home now available. Current tenant is on a month to month lease. On the main level you have 1 full bath, very large and open living room. You also have 1 bedroom on the main level. Upstairs you have a large master and additional room that could be used as an office or craft room or even a play room for kids. New floor free standing heater installed January 2018. Owner also has 2 other properties listed for sale and willing to consider a package deal.
Sold for $20,000
$20,000
1514 Garfield Ave, Lynchburg, VA 24501
2beds
991sqft
SingleFamily
Built in 1912
0.25 Acres Lot
$19,800 Zestimate®
$20/sqft
$1,002 Estimated rent
Home value
$19,800
$18,000 - $22,000
$1,002/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wood / Pellet
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total interior livable area: 991 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 0.25 Acres
Details
- Parcel number: 02712012
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Composition
Condition
- Year built: 1912
Community & HOA
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $20/sqft
- Tax assessed value: $51,000
- Annual tax amount: $428
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2025 | Sold | $20,000-42.7%$20/sqft |
Source: Public Record Report a problem | ||
| 8/13/2018 | Listing removed | $34,900$35/sqft |
Source: Keller Williams Realty Lynchburg Metro #309587 Report a problem | ||
| 6/22/2018 | Price change | $34,900-30.1%$35/sqft |
Source: Keller Williams Realty Lynchburg Metro #309587 Report a problem | ||
| 1/31/2018 | Listed for sale | $49,900$50/sqft |
Source: Keller Williams #309587 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $428 +30.8% | $51,000 +38.6% |
| 2024 | $328 | $36,800 |
| 2023 | $328 +14.8% | $36,800 +43.2% |
| 2022 | $285 | $25,700 |
| 2021 | $285 | $25,700 |
| 2020 | $285 | $25,700 |
| 2019 | $285 | $25,700 |
| 2018 | $285 +300% | $25,700 |
| 2017 | $71 | $25,700 |
| 2016 | $71 | $25,700 |
| 2015 | $71 | $25,700 |
| 2014 | $71 | $25,700 |
| 2012 | -- | $25,700 |
| 2011 | -- | $25,700 |
| 2009 | -- | $25,700 +6.2% |
| 2008 | -- | $24,200 +19.8% |
| 2007 | -- | $20,200 |
| 2006 | -- | $20,200 |
| 2005 | -- | $20,200 +64.2% |
| 2004 | -- | $12,300 |
| 2003 | -- | $12,300 +4.7% |
| 2002 | -- | $11,750 |
| 2001 | -- | $11,750 |
Find assessor info on the county website
Neighborhood: 24501
Nearby homes
- $111,500-- bd1 ba1.1k sqft1512 Garfield Ave, Lynchburg, VA 24501Off Market
- $205,0002 bd3 ba1.1k sqft1518 Garfield Ave, Lynchburg, VA 24501Sold
- $125,0002 bd1 ba1k sqft1510 Garfield Ave, Lynchburg, VA 24501Sold
- $127,7003 bd1 ba1k sqft1506 Garfield Ave, Lynchburg, VA 24501Off Market
- $9,000-- bd-- ba-- sqft1522 Garfield Ave, Lynchburg, VA 24501Off Market
- $102,000-- bd2 ba2k sqft1511 Campbell Ave, Lynchburg, VA 24501Sold
- $--3 bd1 ba1k sqft1511 Campbell Ave #2, Lynchburg, VA 24501Off Market
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Nearby schools
GreatSchools rating
- 1/10Robert S. Payne Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Paul Laurence Dunbar Middle School for InnovationGrades: 6-8Distance: 0.7 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Rs Payne Elem
- Middle: Pl Dunbar Midl
- High: E. C. Glass High
- District: Lynchburg
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$19,800
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- Virginia
- Lynchburg City
- Lynchburg
- 24501
- 1514 Garfield Ave
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