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Sold for $20,000
  • $20,000

    2221 Gills St, Lynchburg, VA 24501

    2beds
    765sqft
    Single Family Residence
    Built in 1919
    0.29 Acres Lot
    $24,800 Zestimate®
    $26/sqft
    $1,007 Estimated rent

    Home value

    $24,800

    $22,000 - $28,000

    $1,007/mo

    Zestimate® history
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    What's special

    Tankless water heaterSeveral broken windowsLarge rear deckCentral airNatural gas floor furnaceModern electrical box
    Handyman Special!! Home suffered a fire on Aug 1. Tremendous opportunity to refurbish to flip or as a great rental property. 2 Bedrooms and 1 bath, Natural gas floor furnace and Central Air, and tankless water heater was all functional prior to fire, do not know condition currently. Roof is intact, as is plumbing. Fire was caused by a faulty surge protector. Modern electrical box, electrical main from meter box was replaced a year ago. Several broken windows and drywall pulled down. Large rear deck is partially covered and could be turned into laundry/mud room. Turn your home repair skills into money in your pocket. Seller is Listing Agent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ray Snyder 434-610-2597 ray@trfauctions.com,

    Coldwell Banker Commercial Rea

    Bought with:

    Ray Snyder, 0225188880

    Coldwell Banker Commercial Rea

    Source: LMLS,MLS#: 356334MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 169
    • Dimensions: 13 x 13
    Bedroom
    • Dimensions: 0 x 0
    Bedroom 2
    • Level: First
    • Area: 100
    • Dimensions: 10 x 10
    Bedroom 3
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 4
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 5
    • Area: 0
    • Dimensions: 0 x 0
    Dining room
    • Area: 0
    • Dimensions: 0 x 0
    Family room
    • Area: 0
    • Dimensions: 0 x 0
    Great room
    • Area: 0
    • Dimensions: 0 x 0
    Kitchen
    • Level: First
    • Area: 170
    • Dimensions: 10 x 17
    Living room
    • Level: First
    • Area: 169
    • Dimensions: 13 x 13
    Office
    • Area: 0
    • Dimensions: 0 x 0
    Heating
    • Floor Furnace
    Cooling
    • Central Air
    Appliances
    • Included: None, Gas Water Heater, Tankless Water Heater
    • Laundry: Washer Hookup
    Features
    • Drywall, Main Level Bedroom, Main Level Den, Paneling
    • Flooring: Laminate, Vinyl
    • Basement: Crawl Space
    • Attic: None
    Interior area
    • Total structure area: 765
    • Total interior livable area: 765 sqft
    • Finished area above ground: 765
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street, Paved Drive
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Patio & porch: Front Porch
    • Exterior features: Gas Line, Garden
    Lot
    • Size: 0.29 Acres
    Details
    • Additional structures: Storage
    • Parcel number: 08319004
    • Zoning: R-3

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1919

    Utilities & green energy

    • Electric: AEP/Appalachian Powr
    • Sewer: City
    • Water: City
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: Fairview Heights
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $26/sqft
    • Tax assessed value: $31,500
    • Annual tax amount: $458
    • Date on market: 12/18/2024
    • Cumulative days on market: 9 days

    Price history

    DateEventPrice
    1/14/2025Sold$20,000-33.3%$26/sqft
    Source: LMLS #356334 Report a problem
    12/31/2024Pending sale$30,000$39/sqft
    Source: LMLS #356334 Report a problem
    12/30/2024Listed for sale$30,000$39/sqft
    Source: LMLS #356334 Report a problem
    12/26/2024Pending sale$30,000$39/sqft
    Source: LMLS #356334 Report a problem
    12/18/2024Listed for sale$30,000$39/sqft
    Source: LMLS #356334 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$265 +4.3%$31,500 +10.5%
    2024$254 -44.7%$28,500 -44.7%
    2023$458 -1.7%$51,500 +22.6%
    2022$466 $42,000
    2021$466 +6.1%$42,000 +6.1%
    2020$440 $39,600
    2019$440 $39,600
    2018$440 $39,600
    2017$440 $39,600
    2016$440 $39,600 -2.7%
    2015$440 -2.7%$40,700
    2014$452 $40,700
    2012-- $40,700
    2011-- $40,700
    2009-- $40,700 +15%
    2008-- $35,400 +39.9%
    2007-- $25,300
    2006-- $25,300
    2005-- $25,300 +3.7%
    2004-- $24,400
    2003-- $24,400 +3.8%
    2002-- $23,500
    2001-- $23,500
    Find assessor info on the county website

    Neighborhood: 24501

    Nearby schools

    GreatSchools rating
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    $24,800
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    $25,296