Sold

1609 Lexington Dr, Lynchburg, VA, 24503

Closed On : Mon Feb 05 2024

$520,000

Sold At Asking

List Price : $520,000
3 Bedrooms
3 Full Baths
3,305 SqFt
House
Schools Nearby

Location

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Comparable Homes

Price Details

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

1609 Lexington Dr vs Lynchburg

81 DAYS ON ROCKET

+55 Days

$520,000

+$260K More

KEY TAKEAWAY

This property is $260K more than the Median Sold Price in Lynchburg, VA.

Based on homes sold in the last 12 months

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, 12:25:18 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

Aug 14, 2017Home Sold
$44,000

Tax History

YEARPROP. TAXASSESSMENT
2020$89$32,000
2019$89$32,000
2018$355$32,000
2017$355$32,000

History based on county public records data.

Payment Calculator

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,625

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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.

Elementary School

school-card-donut-949539
8
/10
  • Paul Munro Elementary School

  • 4641 Locksview Rd

  • 0.37 miles

  • Public District Grades PK-5

Middle School

school-card-donut-949540
3
/10
  • Linkhorne Middle School

  • 2525 Linkhorne Dr

  • 2.64 miles

  • Public District Grades 6-8

High School

school-card-donut-949541
2
/10
  • E.C. Glass High School

  • 2111 Memorial Ave

  • 3.97 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $144,643. The majority of Lynchburg, VA residents have income between $100k-200k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesVirginiaLynchburg245031609 Lexington Dr

While more than 24 listings in Lynchburg, VA in March 2024 were sold above asking price, there were more than 39 listings sold at asking price, and more than 32 were sold below. 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, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $259,971.

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

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