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Sold for $230,000
  • $230,000

    804 Rivermont Ave, Lynchburg, VA 24504

    --beds
    2,498sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $256,900 Zestimate®
    $92/sqft
    $1,012 Estimated rent

    Home value

    $256,900

    $239,000 - $275,000

    $1,012/mo

    Zestimate® history
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    $1,393/mo

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    What's special

    Vinyl plank floors throughout
    Looking for an income generating property that is already rented and down the street from Downtown Lynchburg? Look no further. This duplex is ready for a new owner! The first floor apartment was renovated a just over a year ago with vinyl plank floors throughout. Due to the property being rented with excellent tenants, there is limited showing availability. Come check out this gem! Financing issues caused a purchaser woe but this is an opportunity for someone else to purchase an investment in a blossoming area!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jaysn M Schaener 434-515-0378 jaysn@ravenrealty.realestate,

    Raven Realty LLC

    Bought with:

    James Harrington, 0225259317

    Austin James Realty

    Source: LMLS,MLS#: 344120MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Heat Pump
    Appliances
    • Included: Electric Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
    • Laundry: Individual Laundry, Unit 1(Dryer Hookup, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup)
    Features
    • Unit 2 Extra Storage
    • Flooring: Laminate, Vinyl
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,498
    • Total interior livable area: 2,498 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Unit 1(Porch)
    Lot
    • Size: 5,192 Square Feet
    Details
    • Foundation area: 0
    • Parcel number: 02311020
    • Zoning: R4
    • Special conditions: Historical District

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Drywall, Plaster, Wood Siding
    Condition
    • Year built: 1914

    Utilities & green energy

    • Electric: American Electric
    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Features: Near Public Transport
    • Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm
    • Subdivision: Lower Rivermont
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $92/sqft
    • Tax assessed value: $226,800
    • Annual tax amount: $1,370
    • Date on market: 5/15/2023
    • Cumulative days on market: 45 days
    • Lease term: 12 Months,Month To Month

    Price history

    DateEventPrice
    10/16/2023Sold$230,000$92/sqft
    Source: LMLS #344120 Report a problem
    8/24/2023Pending sale$230,000$92/sqft
    Source: LMLS #344120 Report a problem
    6/27/2023Listed for sale$230,000$92/sqft
    Source: LMLS #344120 Report a problem
    5/20/2023Pending sale$230,000$92/sqft
    Source: LMLS #344120 Report a problem
    5/15/2023Listed for sale$230,000+15%$92/sqft
    Source: LMLS #344120 Report a problem
    3/7/2022Sold$200,000+206.7%$80/sqft
    Source: Public Record Report a problem
    10/31/2016Sold$65,200-21%$26/sqft
    Source: LMLS #300440 Report a problem
    8/11/2016Listed for sale$82,500$33/sqft
    Source: Consensus Real Estate Service, #300440 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,905 +19.4%$226,800 +26.5%
    2024$1,596 $179,300
    2023$1,596 +14.4%$179,300 +42.6%
    2022$1,395 $125,700
    2021$1,395 +4.1%$125,700 +4.1%
    2020$1,340 $120,700
    2019$1,340 -15.7%$120,700 -15.7%
    2018$1,588 +33.3%$143,100
    2017$1,191 $143,100
    2016$1,191 $143,100
    2015$1,191 -25%$143,100
    2014$1,588 $143,100
    2012-- $143,100
    2011-- $143,100
    2009-- $143,100
    2008-- $143,100 +57.6%
    2007-- $90,800
    2006-- $90,800
    2005-- $90,800 +22.4%
    2004-- $74,200
    2003-- $74,200 +909.5%
    2002-- $7,350
    2001-- $7,350
    Find assessor info on the county website

    Neighborhood: 24504

    Nearby schools

    GreatSchools rating
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    $256,900
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    $262,038