1620 Grace Street

1620 Grace Street has been categorized by the local assessors in Lynchburg, VA as a residential type of property. The building on the property was first built in 1901 and is 123 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1620 Grace Street has 2,635 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,480 ft and across the front of the lot is 1,112 ft. The area measurement of the land has been determined as 27,573 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable or hip style roof made of tile. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. The property was last sold in Jun 13, 2022 for $199,900. That's $75.86 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2016 for $85,500. 1620 Grace Street was last assessed in 2023. The total value of the property was assessed at $203,900. Specifically, the land the property is located on was valued at $12,000. While improvements on the property were assessed at a total of $191,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $907. The initial tax year of delinquency was in 2023. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.