2 months on rocket

1511 Campbell Ave, Lynchburg, VA, 24501

$84,900

Home List Price

$1,008*

Closing Credit

0 Baths
2,082 SqFt
$41/SqFt
Multi
Schools Nearby

Location

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1511 Campbell Ave, Lynchburg$84,900

Buyer Closing Credits

$1,008*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1913
HeatingBaseboard, Other
CoolingOther
MLS #350645
Lot Size0.17 Acres
StatusActive

About 1511 Campbell Ave

Attention Investors! Excellent, cash flow opportunity! Bottom unit was previously rented for $795 per month. Upstairs unit still needs some renovations, but this is an opportunity to own an excellent cash flow property!

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Living Area: 2,082 SqFt

Listing Office:

  • Office Name: Keller Williams
  • Listing Agent: DH Powell

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Wood Floors

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • E.C. Glass High School, Public District Grades 9-12
  • Paul Laurence Dunbar Middle For Innovation, Public Magnet Grades 6-8
  • Robert S. Payne Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Kemper St. to Campbell Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $84,900
  • Price Per SqFt: $41/SqFt

Tax Information:

  • Annual Amount: $404
  • 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

1511 Campbell Ave vs Lynchburg

71 DAYS ON ROCKET

+51 Days

$84,900

-$179.8K Less

$41/SqFt

-$110 Less

KEY TAKEAWAY

This property is $179.8K less than the Median Sold Price and $110/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: #350645

Listing Office:

  • Office Name: Keller Williams
  • Listing Agent: DH Powell

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: 5/3/2024, 4:20:35 AM 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$404$36,400
2019$404$36,400
2018$404$36,400
2017$404$36,400

History based on county public records data.

Payment Calculator

$491

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-5146914
3
/10
  • Robert S. Payne Elementary School

  • 1201 Floyd St

  • 0.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5146915
4
/10
  • Paul Laurence Dunbar Middle For Innovation

  • 1200 Polk St # 1208

  • 0.68 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5146916
2
/10
  • E.C. Glass High School

  • 2111 Memorial Ave

  • 0.88 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,148. The majority of Lynchburg, VA residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaLynchburg245011511 Campbell Ave

This home is located at 1511 Campbell Ave in Lynchburg, VA and zip code 24501 in the Miller Park neighborhood. This 2,082 square foot home, which was built in 1913, sits on a 0.17 acre lot. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $84,900.

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%. In April 2024 median list price was $264,764 and the average listing age was 20 days.

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

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