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1718 15th St, Lynchburg, VA, 24501

$179,900

Home List Price

$2,136*

Closing Credit

0 Baths
3,540 SqFt
$51/SqFt
Multi
Schools Nearby

Location

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1718 15th St, Lynchburg$179,900

Buyer Closing Credits

$2,136*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street Parking
Year Built1930
HeatingHeat Pump
CoolingHeat Pump
MLS #351162
Lot Size0.19 Acres
StatusActive

About 1718 15th St

Rare find! Flex space in the heart of Lynchburg, zoned I2 light industrial, that offers maximum opportunities for your business. You can utilize the entire building, live in one unit and use the other units for work or rent out areas of the building to create additional income. The choices are endless! The building includes two separate units, each with its own climate controlled HVAC unit as well as a large loading bay with additional storage. All units are individually metered with one water meter. Unit 1 & 2 each include a kitchen, bathroom and rooms that could be used as a reception & office space or living space. There is also a large storage space and loading bay in the building currently rented on a month to month lease. This building has recently received new vinyl, siding and facia and gutters in 2024 and a new roof in 2018. Convenient & centrally located in Lynchburg.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 3,540 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Vinyl

Exterior Features

Parking Information:

  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Kemper St. to 15th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,900
  • Price Per SqFt: $51/SqFt

Tax Information:

  • Annual Amount: $871
  • 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

1718 15th St vs Lynchburg

38 DAYS ON ROCKET

+12 Days

$179,900

-$80K Less

$51/SqFt

-$100 Less

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $100/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: #351162

Listing Office:

  • Office Name: Keller Williams
  • Listing Agent: Stacy 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: 4/27/2024, 2:25:17 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

Dec 19, 2018Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2020$871$78,500
2019$871$78,500
2018$871$78,500
2017$871$78,500

History based on county public records data.

Payment Calculator

$965

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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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-1312022
3
/10
  • Sheffield Elementary School

  • 115 Kenwood Pl

  • 3.21 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1312023
3
/10
  • Sandusky Middle School

  • 805 Chinook Pl

  • 3.15 miles

  • Public District Grades 6-8

High School

school-card-donut-1312024
2
/10
  • Heritage High School

  • 3020 Wards Ferry Rd

  • 4.08 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. Most Lynchburg, VA residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaLynchburg245011718 15th St

This home is located at 1718 15th St in Lynchburg, VA and zip code 24501 in the Diamond Hill neighborhood. This 3,540 square foot home, which was built in 1930, sits on a 0.19 acre lot. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $179,900.

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