3 months on rocket

1101 Chestnut Hill Rd, Lynchburg, VA, 24503

$999,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,898 SqFt
$256/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1101 Chestnut Hill Rd, Lynchburg$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached Garage
Year Built1978
HeatingBaseboard, Humidity Control
CoolingCentral Air
BasementYes
MLS #648749
Lot Size5.93 Acres
StatusActive
(ACTIVE)

About 1101 Chestnut Hill Rd

A Magical location, minutes from shopping, dining and schools. This custom built sprawling ranch is ready for its new owners. MUST SEE THE PANORAMIC VIEWS!! Master ensuite, guest bedroom with private bath, family room, living room, large kitchen and dining room and laundry ALL of the main level. Kitchen updated with granite, new paint and most appliances. Master and guest bath have new walk in showers. Large den down stairs plus two additional bathrooms, jack and jill bath. Three fireplaces. Lovely courtyard and stamped patio. Detached garage. Adjoining guest cottage was completely renovated in 2022.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1978
  • Stories: 1
  • Living Area: 3,898 SqFt

Listing Office:

  • Office Name: BHHS DAWSON FORD GARBEE & CO.-LYNCHBURG
  • Office Phone: (434) 385-0015
  • Listing Agent: DEE PARSONS

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Entry Level Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Detached Garage

Lot Features

Lot Information:

  • Lot Size: 5.93 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Humidity Control
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Route 501N to left on Coffee Road. Right on Walnut Hollow Road, Left on Spring Mountain Road. Chestnut Hill Road is at the top of the hill.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $256/SqFt

Tax Information:

  • Annual Amount: $2,789
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Lynchburg, VA

City

Med. Sold Price

$259.9K

Med. Price/SqFt

$150

Avg. Days On Market

26

# of Sold Homes

95

1101 Chestnut Hill Rd vs Lynchburg

102 DAYS ON ROCKET

+76 Days

$999,000

+$739K More

$256/SqFt

+$105 More

KEY TAKEAWAY

This property is $739K more than the Median Sold Price and $105/SqFt more than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #648749

Listing Office:

  • Office Name: BHHS DAWSON FORD GARBEE & CO.-LYNCHBURG
  • Office Phone: (434) 385-0015
  • Listing Agent: DEE PARSONS

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. 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, 2:00:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,789$557,800
2020$2,789$557,800
2019$2,789$557,800

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Nearby Schools

school-card-donut-1293736
7
/10

  • Boonsboro Elementary School

  • 1234 Eagle Cir

  • 1.20 miles

  • Public District Grades PK-5

school-card-donut-1293737
3
/10

  • Bedford Hills Elementary School

  • 4330 Morningside Dr

  • 3.80 miles

  • Public District Grades PK-5

school-card-donut-1293738
8
/10

  • Paul Munro Elementary School

  • 4641 Locksview Rd

  • 4.00 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,951. The most common annual income of people living in Lynchburg, VA is between $100k-200k. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1101 Chestnut Hill Rd

What is the listing price of this property?

The listing price of 1101 Chestnut Hill Rd property is $999,000.

What type of property is this?

The property 1101 Chestnut Hill Rd is a house located in Lynchburg, Virginia, 24503.

Is this property for sale now?

Active Listing: 1101 Chestnut Hill Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,789 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1101 Chestnut Hill Rd has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1101 Chestnut Hill Rd is 3,898 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1101 Chestnut Hill Rd is 1978.

Rocket Homes›Virginia›Lynchburg›24503›1101 Chestnut Hill Rd

This home is located at 1101 Chestnut Hill Rd in Lynchburg, VA and zip code 24503. This 3,898 square foot home, which was built in 1978, sits on a 5.93 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $999,000.

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 inventory of homes for sale in Lynchburg, VA between February 2024 and March 2024 increased by 58.5%. 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.

More Resources