Extra lot (519 Wilton Ave--Legal description -Wilton addn blk 6 lot 8--Zoned B-3) parking area to left of duplex conveys as well.Business zoning (B-#) on this Up and down frame duplex located close to the Plaza off Memorial Avenue. 1st floor tenants (Lease ends 3-31-2015) ($450 month) have been there 15 years, terrace level (894 sq ft) tenants (Lease ends 1-31-2015)($400 month) have been there 3 years.1st floor (950 sq ft) has LR (15x14) Kit(13x12) Range/refrigerator stay Bdrm (15x14) Bdrm (14x13) 1 full bath & has gas forced hot air furnace .The terrace level has a LR (16x13) Kit( 13x12) Bdrm (15x13) Bdrm (15x13) Full bath & has a freestanding gas heater in LR for heat. Wood siding, Tin roof , double lot, off street parking, good overall condition ,2 water meters,2 electric meters ,2 --100 Amp breaker boxes. Walk to bus line, shopping, etc $10,200 Gross annual income, $8357 Net income. Both have 1 year leases. Home inspection for buyer info only. Seller will not make repairs.
Sold for $90,000
$90,000
515 Wilton Ave, Lynchburg, VA 24501
--beds
2baths
949sqft
SingleFamily
Built in 1925
4,800 Square Feet Lot
$155,400 Zestimate®
$95/sqft
$1,529 Estimated rent
Home value
$155,400
$131,000 - $179,000
$1,529/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Interior area
- Total interior livable area: 949 sqft
Property
Lot
- Size: 4,800 Square Feet
Details
- Parcel number: 00404001
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1925
Community & HOA
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $95/sqft
- Tax assessed value: $128,400
- Annual tax amount: $1,079
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2023 | Sold | $90,000+80%$95/sqft |
Source: Public Record Report a problem | ||
| 7/2/2015 | Sold | $50,000$53/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,079 +47.4% | $128,400 +56.2% |
| 2024 | $732 | $82,200 |
| 2023 | $732 -13.2% | $82,200 +8.3% |
| 2022 | $842 | $75,900 |
| 2021 | $842 +21.6% | $75,900 +21.6% |
| 2020 | $693 | $62,400 |
| 2019 | $693 | $62,400 |
| 2018 | $693 | $62,400 |
| 2017 | $693 | $62,400 |
| 2016 | $693 | $62,400 |
| 2015 | $693 +300% | $62,400 |
| 2014 | $173 | $62,400 |
| 2012 | -- | $62,400 |
| 2011 | -- | $62,400 |
| 2009 | -- | $62,400 +3.5% |
| 2008 | -- | $60,300 +14.2% |
| 2007 | -- | $52,800 |
| 2006 | -- | $52,800 |
| 2005 | -- | $52,800 +35.7% |
| 2004 | -- | $38,900 |
| 2003 | -- | $38,900 +5.1% |
| 2002 | -- | $37,000 |
| 2001 | -- | $37,000 |
Find assessor info on the county website
Neighborhood: 24501
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Nearby schools
GreatSchools rating
- 2/10T.C. Miller Elementary for InnovationGrades: PK-5Distance: 0.4 mi
- 3/10Paul Laurence Dunbar Middle School for InnovationGrades: 6-8Distance: 1.4 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 0.4 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24501
- 515 Wilton Ave