13 days on rocket

1116 Bedford Ave, Lynchburg, VA, 24504

$139,900

Home List Price

$1,661*

Closing Credit

3 Bedrooms
2 Full Baths
1,478 SqFt
$95/SqFt
House
Schools Nearby

Location

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1116 Bedford Ave, Lynchburg$139,900

Buyer Closing Credits

$1,661*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 1905
HeatingBaseboard, Forced Air, Propane
CoolingNone
BasementYes
Fireplace2 Fireplaces, Decorative/Non-Op
ViewCity
MLS #351781
Lot Size0.11 Acres
StatusActive

About 1116 Bedford Ave

RIVERMONT!!!! Enjoy NEW: Shingle & EPDM Roofs~ Replacement Windows~ Bath & Kitchen Floors~ fresh Paint~ Downstairs Bathroom Fixtures~ remodeled Kitchen! The home has 1478 sf of spacious rooms and tall ceilings with wonderful light coming in from all sides and Refinished Original Pine Floors. Upstairs has 2 Bedrooms and a huge Full Bath. You can age-out with Main floor Bedroom and Full Bath, Laundry Closet in the Kitchen and a welcoming LR. Extend your Living Space to the Outdoors with the alluring Back Deck and Deep 30'x113' Lot ready to plant and play in. This area is APPRECIATING quickly. It's LOCATION is central to vibrant Downtown activities, trendy Bedford Avenue Eateries, Parks & the Blackwater Creek Trail System! STOP RENTING! Turn the Key to Homeownership and Build Equity with this Charming and Affordable Rivermont Cottage!! Inquire about Virginia Housing Grants and 1st Time Homebuyer Loans with LITTLE to NO $$$ down. Make this homey home YOURS!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1905
  • Stories: 2
  • Living Area: 1,478 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Laminate, Pine, Vinyl, Wood
  • Interior: Cable Available, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Plaster, Separate Dining Room, Tile Bath(s)
  • Fireplace: 2 Fireplaces, Decorative/Non-Op

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City
  • Exterior: City View, Off-Street Parking, River Nearby, Garden Space, Storm Doors, Insulated Glass

Lot Features

Lot Information:

  • Lot: City Lot, Garden
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Forced Air, Propane
  • Cooling: None

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: From Rivermont Ave turn North on Bedford Avenue; 2nd house on Left passed Botetourt. Or turn W on Cabell Street off D Street Bridge; R onto Amherst; L on Bedford - 6th house on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $139,900
  • Price Per SqFt: $95/SqFt

Tax Information:

  • Annual Amount: $311
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$264.7K

Med. Price/SqFt

$151

Avg. Days On Market

20

# of Sold Homes

116

1116 Bedford Ave vs Lynchburg

13 DAYS ON ROCKET

-7 Days

$139,900

-$124.8K Less

$95/SqFt

-$56 Less

KEY TAKEAWAY

This property is $124.8K less than the Median Sold Price and $56/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: #351781

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: 5/2/2024, 12:15:19 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
2020$311$56,000
2019$127$56,000
2018$508$45,800
2017$508$45,800

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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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-4785162
3
/10
  • Bedford Hills Elementary School

  • 4330 Morningside Dr

  • 3.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4785163
3
/10
  • Linkhorne Middle School

  • 2525 Linkhorne Dr

  • 2.35 miles

  • Public District Grades 6-8

High School

school-card-donut-4785164
2
/10
  • E.C. Glass High School

  • 2111 Memorial Ave

  • 1.67 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,000. Most Lynchburg, VA residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1116 Bedford Ave

What is the listing price of this property?

The listing price of 1116 Bedford Ave property is $139,900.

What type of property is this?

The property 1116 Bedford Ave is a house located in Lynchburg, Virginia, 24504.

Is this property for sale now?

Active Listing: 1116 Bedford Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1116 Bedford Ave 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 $311 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1116 Bedford Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1116 Bedford Ave is 1,478 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1116 Bedford Ave is 1905.

Rocket Homes›Virginia›Lynchburg›24504›1116 Bedford Ave

This home is located at 1116 Bedford Ave in Lynchburg, VA and zip code 24504 in the Daniel's Hill neighborhood. This 1,478 square foot home, which was built in 1905, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $139,900.

While more than 37 listings in Lynchburg, VA in April 2024 were sold above asking price, there were more than 45 listings sold at asking price, and more than 34 were sold below. Between March 2024 and April 2024, Lynchburg, VA real estate market has seen increase in the number of listings by 78.1%. While the average time on the market in April 2024 was 20 days, the median list price was $264,764.

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

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