3 months on rocket

1503 Jackson St, Lynchburg, VA, 24504

$152,000

Home List Price

$1,805*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1503 Jackson St, Lynchburg$152,000

Buyer Closing Credits

$1,805*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1860
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #648700
Lot Size0.27 Acres
StatusActive
(ACTIVE)

About 1503 Jackson St

Price improvement! Don't miss out on this great investment opportunity. 2-unit home currently rented on a month to month. Tenants are interested in staying with lease agreement. Potential additional rental in basement. 9ft ceiling's great location. Being sold As Is.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1860

Listing Office:

  • Office Name: DIVINE FOG REALTY COMPANY
  • Office Phone: (434) 237-3777
  • Listing Agent: JASMINE DANIEL

Interior Features

Interior Information:

  • Basement: Yes

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Heritage High School, Public District Grades 9-12
  • Sandusky Middle School, Public District Grades 6-8
  • Sandusky Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 12th St. to Grace Street to right on 15th St. then left on Jackson St. Property is on right, yellow house.

Price Information

Listing Price Info

Price Summary:

  • List Price: $152,000

Tax Information:

  • Annual Amount: $882
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$259.9K

Med. Price/SqFt

$150

Avg. Days On Market

26

# of Sold Homes

95

1503 Jackson St vs Lynchburg

96 DAYS ON ROCKET

+70 Days

$152,000

-$107.9K Less

KEY TAKEAWAY

This property is $107.9K less than the Median Sold Price in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CAAR
  • MLS Number: #648700

Listing Office:

  • Office Name: DIVINE FOG REALTY COMPANY
  • Office Phone: (434) 237-3777
  • Listing Agent: JASMINE DANIEL

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: 4/18/2024, 9:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 30, 2018Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$882$79,500
2019$533$79,500
2018$533$48,000
2017$533$48,000

History based on county public records data.

Payment Calculator

$826

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$522

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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-205604
4
/10
  • Sandusky Elementary School

  • 5828 Apache Ln

  • 3.69 miles

  • Public District Grades PK-5

Middle School

school-card-donut-205605
3
/10
  • Sandusky Middle School

  • 805 Chinook Pl

  • 3.67 miles

  • Public District Grades 6-8

High School

school-card-donut-205606
2
/10
  • Heritage High School

  • 3020 Wards Ferry Rd

  • 4.60 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,606. The most common annual income of people living in Lynchburg, VA is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Diamond Hill, Lynchburg

What type of housing is available in Diamond Hill, Lynchburg?

In Diamond Hill, the majority of dwellings are single detached homes, while the rest are mainly large apartment buildings. Most of the housing growth in this neighborhood occurred before the 1960s. This part of Lynchburg is primarily composed of two bedroom and three bedroom homes. The split between homeowners and renters is about even.

Is Diamond Hill, Lynchburg a good place to live?

Diamond Hill is good for those who like a quiet atmosphere, as the streets are generally calm - although that is not the case close to one of the railway lines.

Are things conveniently located in Diamond Hill, Lynchburg?

It is very easy to access the closest supermarket by walking from most properties for sale in Diamond Hill. Residents of this part of the city can enjoy a few restaurants as well. In terms of education, in Diamond Hill, locals will usually be able to get to both primary and secondary schools by walking.

What does the transportation in Diamond Hill, Lynchburg look like?

The best approach to move around in Diamond Hill is often driving. It is very convenient to park. On the other hand, this area is not very transit friendly. Nevertheless, there are a few bus lines crossing the neighborhood, and bus stops are not very far away from most homes. It is occasionally difficult for people walking to move around in Diamond Hill because few daily errands can be run without the use of a car.

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Rocket HomesVirginiaLynchburg245041503 Jackson St

This home is located at 1503 Jackson St in Lynchburg, VA and zip code 24504 in the Diamond Hill neighborhood. This home, which was built in 1860, sits on a 0.27 acre lot. It has been listed on Rocket Homes since January 13, 2024 and is currently priced at $152,000.

Over 24 listings were sold over their listed price in March 2024 in Lynchburg, VA. In the same period over 32 listings were sold below the listed price and 39 listings were sold for the listed price. Between February 2024 and March 2024, Lynchburg, VA real estate market has seen increase in the number of listings by 58.5%. In March 2024 median list price was $259,971 and the average listing age was 26 days.

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

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