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Sold for $206,000
  • $206,000

    404 Belvedere St, Lynchburg, VA 24503

    --beds
    1,972sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $241,100 Zestimate®
    $104/sqft
    $1,545 Estimated rent

    Home value

    $241,100

    $222,000 - $263,000

    $1,545/mo

    Zestimate® history
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    $991/mo

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    What's special

    Lots of storage spaceMosaic tile backsplashesSporting activitiesRadiant heat
    Fantastic long term passive cash flow awaits! This top/bottom duplex offers a total of 5 bedrooms, 2 bathrooms, 2 living rooms and 2 eat-in kitchens. Both units offer bedrooms that are generously sized each with their own wardrobe closets. Both kitchens have lots of storage space, counter space, and mosaic tile backsplashes complete with ranges, dishwashers, and refrigerators. House is warmed with radiant heat in ceilings and cooled with window AC units. Interior stair access for Unit A and for Unit B interior door access to shared laundry room each with their own washer and dryer. Unit B is a walkout unit with rear yard access for leisure. Public transportation, dining, sporting activities and entertainment all are within a short walking distance. Cheaper taxes and more cash flow for years to come since property on the City's tax abatement program through June 30, 2027. Seller will package this property with 402 Belvedere at a discount! Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamey Parks 434-444-3374 jparks2004@yahoo.com,

    Keller Williams

    Bought with:

    Jeremy Bruce Phillips Sr., 0225211875

    BHHS Dawson Ford Garbee-Forest

    Source: LMLS,MLS#: 348972MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric Baseboard, Other
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Water Heater, Individual Water Heater, Unit 1(Dishwasher, Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dishwasher, Dryer, Range/Oven, Refrigerator, Washer)
    • Laundry: Common Area, Individual Laundry
    Features
    • Flooring: Carpet, Concrete, Laminate, Vinyl, Wood Floors
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,972
    • Total interior livable area: 1,972 sqft

    Property

    Parking
    • Parking features: On Street, Unpaved Drive
    • Has uncovered spaces: Yes
    Lot
    • Size: 7,501 Square Feet
    Details
    • Foundation area: 0
    • Parcel number: 01918069

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Drywall, Plaster, Brick
    Condition
    • Year built: 1960

    Utilities & green energy

    • Electric: American Electric, Indiv Meter/Electric
    • Sewer: City
    • Water: City, Indiv Meter/Water
    • Utilities for property: Unit 1 Cable TV, Unit 2 Cable TV

    Community & HOA

    Community
    • Features: Near Public Transport, Shopping Nearby
    • Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm
    • Subdivision: Randolph College Area
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $104/sqft
    • Tax assessed value: $200,100
    • Annual tax amount: $1,222
    • Date on market: 10/31/2023
    • Cumulative days on market: 7 days
    • Lease term: 12 Months

    Price history

    DateEventPrice
    1/9/2024Sold$206,000-1.9%$104/sqft
    Source: LMLS #348972 Report a problem
    11/7/2023Pending sale$209,900$106/sqft
    Source: LMLS #348972 Report a problem
    10/31/2023Listed for sale$209,900$106/sqft
    Source: LMLS #348972 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,681 +10.3%$200,100 +16.8%
    2024$1,525 $171,300
    2023$1,525 +18.6%$171,300 +47.9%
    2022$1,285 $115,800
    2021$1,285 +5.7%$115,800 +5.7%
    2020$1,217 $109,600
    2019$1,217 +3.8%$109,600 +3.8%
    2018$1,172 +47.5%$105,600
    2017$795 $105,600
    2016$795 $105,600
    2015$795 +33.3%$105,600
    2014$596 $105,600 +25.7%
    2012-- $84,000
    2011-- $84,000 +1.2%
    2009-- $83,000 +9.6%
    2008-- $75,700 +14%
    2007-- $66,400
    2006-- $66,400
    2005-- $66,400 +13.7%
    2004-- $58,400
    2003-- $58,400 +3.4%
    2002-- $56,500
    2001-- $56,500
    Find assessor info on the county website

    Neighborhood: 24503

    Nearby schools

    GreatSchools rating
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    $241,100
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    +$4,822
    With Zillow Showcase(estimated)
    $245,922