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Sold for $58,000
  • $58,000

    50 Monroe St, Lynchburg, VA 24504

    2beds
    872sqft
    Single Family Residence
    Built in 1910
    4,207 Square Feet Lot
    $130,600 Zestimate®
    $67/sqft
    $1,025 Estimated rent

    Home value

    $130,600

    $112,000 - $146,000

    $1,025/mo

    Zestimate® history
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    What's special

    Real Estate Investment Opportunity - Priced Below Tax Assessment! Are you a seasoned investor or looking to break into real estate investing? This property offers the perfect opportunity to expand or kickstart your portfolio. Already occupied by a tenant, this investment comes with immediate rental income, saving you time and effort. Don't miss out on this fantastic chance to secure a property priced below tax assessment. With built-in rental potential and an excellent value proposition, it's a deal you won't want to pass up. Take the first step toward growing your investment portfolio today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Hope Davis Metzger 434-238-0149 hope@mmr.homes,

    Magnolia Mountain Realty

    Bought with:

    Alesha Renee Slaughter, 0225220878

    Keller Williams

    Source: LMLS,MLS#: 357118MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 149.5
    • Dimensions: 13 x 11.5
    Bedroom
    • Dimensions: 0 x 0
    Bedroom 2
    • Level: First
    • Area: 126.5
    • Dimensions: 11.5 x 11
    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
    • Area: 0
    • Dimensions: 0 x 0
    Living room
    • Level: First
    • Area: 195
    • Dimensions: 15 x 13
    Office
    • Level: First
    • Area: 104
    • Dimensions: 13 x 8
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Cooktop, Dishwasher, Double Oven, Dryer, Refrigerator, Washer, Electric Water Heater
    • Laundry: Dryer Hookup, Main Level, Washer Hookup
    Features
    • Main Level Bedroom
    • Flooring: Carpet, Vinyl
    • Basement: Other
    • Attic: Other
    Interior area
    • Total structure area: 872
    • Total interior livable area: 872 sqft
    • Finished area above ground: 872
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: One
    • Patio & porch: Front Porch
    • Fencing: Fenced
    Lot
    • Size: 4,207 Square Feet
    Details
    • Parcel number: 00905017

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: City
    • Water: City
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: Tinbridge Hill
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $67/sqft
    • Tax assessed value: $95,300
    • Annual tax amount: $583
    • Date on market: 2/7/2025
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    2/21/2025Sold$58,000-10.8%$67/sqft
    Source: LMLS #357118 Report a problem
    2/11/2025Pending sale$65,000$75/sqft
    Source: LMLS #357118 Report a problem
    2/7/2025Listed for sale$65,000+103.1%$75/sqft
    Source: LMLS #357118 Report a problem
    10/8/2019Sold$32,000-8.6%$37/sqft
    Source: LMLS #320463 Report a problem
    9/11/2019Price change$35,000-46.1%$40/sqft
    Source: Mark A. Dalton & Co., Inc. #320463 Report a problem
    8/19/2019Listed for sale$64,900+32350%$74/sqft
    Source: Mark A. Dalton & Co., Inc. #320463 Report a problem
    11/15/2007Sold$200
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$801 +37.3%$95,300 +45.5%
    2024$583 $65,500
    2023$583 +8.3%$65,500 +35.1%
    2022$538 $48,500
    2021$538 +125.6%$48,500 +125.6%
    2020$239 $21,500
    2019$239 +12.6%$21,500 +12.6%
    2018$212 +33.3%$19,100
    2017$159 $19,100
    2016$159 $19,100 -2.1%
    2015$159 -26.5%$19,500 +54.8%
    2014$216 $12,600
    2012-- $12,600
    2011-- $12,600 +88.1%
    2009-- $6,700 +4.7%
    2008-- $6,400 -14.7%
    2005-- $7,500 +92.3%
    2004-- $3,900
    2003-- $3,900
    2002-- $3,900
    2001-- $3,900
    Find assessor info on the county website

    Neighborhood: 24504

    Nearby schools

    GreatSchools rating
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    $130,600
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    With Zillow Showcase(estimated)
    $133,212