1 month on rocket

Sale Pending

1001 3rd St, Lynchburg, VA, 24504

$85,000

Home List Price

$1,009*

Closing Credit

3 Bedrooms
3 Full Baths
1,588 SqFt
$54/SqFt
House
Schools Nearby

Location

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1001 3rd St, Lynchburg$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 1901
HeatingHeat Pump, Zoned
CoolingHeat Pump, Zoned
BasementYes
MLS #350853
Lot Size0.06 Acres
StatusSale Pending
(Pending)

About 1001 3rd St

A partially finished 4 bedroom/2 bath home in Tinbridge Hill! Great location near Old City Cemetery and all things Downtown/5th Street Lynchuburg! Already finished are windows, siding, framing, etc. Partially finished are 2-zone heat pump, electric and plumbing. Lots of light, offstreet parking can be developed. Come be part of the Renaissance in Tinbridge Hill!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1901
  • Stories: 2
  • Living Area: 1,588 SqFt

Listing Office:

  • Office Name: eXp Realty LLC-Fredericksburg
  • Listing Agent: Susan E Murray

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Cable Available, Drywall, High Speed Data Aval, Main Level Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Insulated Glass

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned

School Info

Assigned Schools Information:

  • E.C. Glass High School, Public District Grades 9-12
  • Linkhorne Middle School, Public District Grades 6-8
  • Bedford Hills Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner (SW) of Polk and 3rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $54/SqFt

Tax Information:

  • Annual Amount: $592
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lynchburg, VA.

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Lynchburg, VA

City

Med. Sold Price

$259.9K

Med. Price/SqFt

$150

Avg. Days On Market

26

# of Sold Homes

95

1001 3rd St vs Lynchburg

53 DAYS ON ROCKET

+27 Days

$85,000

-$174.9K Less

$54/SqFt

-$97 Less

KEY TAKEAWAY

This property is $174.9K less than the Median Sold Price and $97/SqFt less than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #350853

Listing Office:

  • Office Name: eXp Realty LLC-Fredericksburg
  • Listing Agent: Susan E Murray

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 8:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 26, 2017Home Sold
$11,500

Tax History

YEARPROP. TAXASSESSMENT
2020$592$53,300
2019$62$53,300
2018$248$22,300
2017$248$22,300

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1104390
3
/10

  • Bedford Hills Elementary School

  • 4330 Morningside Dr

  • 3.51 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1104391
3
/10

  • Linkhorne Middle School

  • 2525 Linkhorne Dr

  • 2.13 miles

  • Public District Grades 6-8

High School

school-card-donut-1104392
2
/10

  • E.C. Glass High School

  • 2111 Memorial Ave

  • 0.93 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,896. Most Lynchburg, VA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1001 3rd St

What is the listing price of this property?

The listing price of 1001 3rd St property is $85,000.

What type of property is this?

The property 1001 3rd St is a house located in Lynchburg, Virginia, 24504.

Is this property for sale now?

Sale Pending: 1001 3rd St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1001 3rd St are:
Bedford Hills Elementary School: GreatSchools Rating 3/10
Linkhorne Middle School: GreatSchools Rating 3/10
E.C. Glass High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $592 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 26, 2017 for $11,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1001 3rd St has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1001 3rd St is 1,588 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1001 3rd St is 1901.

Rocket Homes›Virginia›Lynchburg›24504›1001 3rd St

This home is located at 1001 3rd St in Lynchburg, VA and zip code 24504 in the Tinbridge Hill neighborhood. This 1,588 square foot home, which was built in 1901, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $85,000.

In March 2024, from all listings sold in Lynchburg, VA there were more than 24 sold above asking price, over 32 sold below and more than 39 were sold right at the asked price. The number of homes for sale in Lynchburg, VA increased by 58.5% between February 2024 and March 2024. Listings spent 26 days on the market in March 2024, and had a median list price of $259,971 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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