Great INVESTMENT Opportunity using Historical tax Credits (this means you can sell 45% of your remodel investment as tax credits because the building is Historical ) Potential of a Fabulous Multi Family Apartment /condo it would divide into 4-5 units each with Fireplaces, all the charm of an Historic home. The building would Also be an amazing Events Venue, Tavern, Boutique Hotel, Restaurant, Beer Garden. Business office or a combination . Inside capacity 200-234 plus outdoor deck and garden. 10' Tall Ceilings, doors & windows, Oversized Crown Moldings & Fireplace surrounds, Original Pine wood floors & staircases. Charming private Courtyard in back .Plenty of Parking across fifth street in Free city lot.
Sold for $302,500
$302,500
600 5th St, Lynchburg, VA 24504
--beds
0baths
5,382sqft
MultiFamily
Built in 1815
-- sqft lot
$366,600 Zestimate®
$56/sqft
$953 Estimated rent
Home value
$366,600
$326,000 - $411,000
$953/mo
Zestimate® history
Owner options
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$953/mo
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$1,801/mo
Est. payment
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$1,801/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Other
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 5,382 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 02422006
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Metal
Condition
- Year built: 1815
Utilities & green energy
- Sewer: City
Community & HOA
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $340,000
- Annual tax amount: $2,856
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2024 | Listing removed | -- |
Source:  LMLS #328745 Report a problem | ||
| 10/27/2023 | Sold | $302,500-44.9%$56/sqft |
Source: Public Record Report a problem | ||
| 2/16/2023 | Listing removed | $549,000$102/sqft |
Source: LMLS #340598 Report a problem | ||
| 9/20/2022 | Listed for sale | $549,000-7.7%$102/sqft |
Source: LMLS #340598 Report a problem | ||
| 7/1/2021 | Listing removed | $595,000$111/sqft |
Source: LMLS #328745 Report a problem | ||
| 2/19/2021 | Price change | $595,000+3.5%$111/sqft |
Source: eXp Realty-Bedford #328745 Report a problem | ||
| 12/10/2020 | Listed for sale | $575,000-4.2%$107/sqft |
Source: eXp Realty-Bedford #328745 Report a problem | ||
| 9/25/2020 | Listing removed | $600,000$111/sqft |
Source: eXp Realty-Bedford #324095 Report a problem | ||
| 5/8/2020 | Price change | $600,000+20%$111/sqft |
Source: eXp Realty-Bedford #324095 Report a problem | ||
| 3/25/2020 | Listed for sale | $500,000$93/sqft |
Source: eXp Realty-Bedford #324095 Report a problem | ||
| 1/15/2020 | Listing removed | $500,000$93/sqft |
Source: Re/Max 1st Olympic #309850 Report a problem | ||
| 7/2/2019 | Price change | $500,000+26.6%$93/sqft |
Source: Re/Max 1st Olympic #309850 Report a problem | ||
| 5/5/2018 | Price change | $395,000-20.2%$73/sqft |
Source: Re/Max 1st Olympic #309850 Report a problem | ||
| 2/11/2018 | Listed for sale | $495,000$92/sqft |
Source: Re/Max 1st Olympic #309850 Report a problem | ||
| 9/14/2017 | Listing removed | $495,000$92/sqft |
Source: Re/Max 1st Olympic #300539 Report a problem | ||
| 8/15/2016 | Listed for sale | $495,000+211.3%$92/sqft |
Source: Re/Max 1st Olympic #300539 Report a problem | ||
| 10/14/2015 | Sold | $159,000-20.5%$30/sqft |
Source: LMLS #290282 Report a problem | ||
| 7/17/2015 | Listed for sale | $199,900$37/sqft |
Source: Re/Max 1st Olympic #290282 Report a problem | ||
| 6/15/2015 | Listing removed | $199,900$37/sqft |
Source: RE/MAX 1ST OLYMPIC #290282 Report a problem | ||
| 3/3/2015 | Listed for sale | $199,900-28.6%$37/sqft |
Source: RE/MAX 1ST OLYMPIC #290282 Report a problem | ||
| 9/13/2014 | Listing removed | $279,900$52/sqft |
Source: John Stewart Walker, Inc. #283797 Report a problem | ||
| 5/24/2014 | Price change | $279,900-3.4%$52/sqft |
Source: John Stewart Walker, Inc. #283797 Report a problem | ||
| 3/13/2014 | Listed for sale | $289,9000%$54/sqft |
Source: John Stewart Walker, Inc. #283797 Report a problem | ||
| 11/10/2013 | Listing removed | $290,000$54/sqft |
Source: Visual Tour #274058 Report a problem | ||
| 10/8/2013 | Listed for sale | $290,000$54/sqft |
Source: Visual Tour #274058 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,856 -1.3% | $340,000 +4.6% |
| 2024 | $2,893 | $325,000 |
| 2023 | $2,893 -25.6% | $325,000 -7.2% |
| 2022 | $3,887 | $350,200 |
| 2021 | $3,887 | $350,200 +33.2% |
| 2020 | -- | $263,000 |
| 2019 | -- | $263,000 +9.4% |
| 2018 | -- | $240,500 +55.2% |
| 2017 | $430 | $155,000 -25.8% |
| 2016 | $430 | $208,800 |
| 2015 | $430 -81.4% | $208,800 +4.8% |
| 2014 | $2,318 | $199,300 |
| 2012 | -- | $199,300 |
| 2011 | -- | $199,300 |
| 2009 | -- | $199,300 +4.6% |
| 2008 | -- | $190,500 +81.9% |
| 2007 | -- | $104,700 |
| 2006 | -- | $104,700 |
| 2005 | -- | $104,700 +7.8% |
| 2004 | -- | $97,100 |
| 2003 | -- | $97,100 +0.1% |
| 2002 | -- | $97,050 |
| 2001 | -- | $97,050 |
Find assessor info on the county website
Neighborhood: 24504
Nearby homes
- $--1 bd1 ba900 sqft507 Madison St #3, Lynchburg, VA 24504Off Market
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- $--1 bd1 ba750 sqft507 Madison St #2, Lynchburg, VA 24504Off Market
- $--1 bd1 ba650 sqft507 Madison St #1, Lynchburg, VA 24504Off Market
- $--1 bd1 ba500 sqft507 Madison St #4, Lynchburg, VA 24504Off Market
- $---- bd1 ba450 sqft507 Madison St #123, Lynchburg, VA 24504Off Market
- $--1 bd1 ba775 sqft301-317 5th St, Lynchburg, VA 24504Off Market
- $186,700-- bd4 ba2.4k sqft511 Madison St, Lynchburg, VA 24504Off Market
Nearby schools
GreatSchools rating
- 8/10Paul Munro Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 2/10Linkhorne Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- 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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- Virginia
- Lynchburg City
- Lynchburg
- 24504
- 600 5th St
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