2 months on rocket

Sale Pending

1911 Park Ave, Lynchburg, VA, 24501

$269,900

Home List Price

$3,205*

Closing Credit

0 Baths
2,220 SqFt
$122/SqFt
Multi
Schools Nearby

Location

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1911 Park Ave, Lynchburg$269,900

Buyer Closing Credits

$3,205*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street Parking, Unpaved Drive
Year Built1990
HeatingHeat Pump
CoolingHeat Pump
MLS #351091
Lot Size0.23 Acres
StatusSale Pending
(Pending)

About 1911 Park Ave

Make this your next investment venture! This two-story duplex maximizes space and functionality. Each unit features 3 bedrooms, 1.5 bathrooms, newer kitchen flooring, paint, windows in both. New roof, too! Kitchens are equipped with an electric range, refrigerator and dishwasher. Leased for $1,295.00 p/mth, Unit A has vinyl flooring throughout while Unit B has vinyl flooring with carpet in the living room and bedrooms and is currently leased for $1,095.00. Photos displayed were taken when vacant. Situated near Miller Park, area schools (including E.C. Glass High School, Liberty University, CVCC and University of Lynchburg), public transportation (just steps away from GLTC stop) and commuter roads- its central location makes the trip to work or school easy. This duplex presents an attractive investment opportunity with promising returns. Whether you're looking to generate passive income or expand your real estate portfolio, this property is primed for success.

Property Details

Property Features

Property Information:

  • Year Built: 1990
  • Living Area: 2,220 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®
  • Listing Agent: Robert E Dawson

Interior Features

Interior Information:

  • Flooring Type: Carpet Wall to Wall, Vinyl

Exterior Features

Parking Information:

  • Parking: Off Street Parking, Unpaved Drive

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

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 Park Ave to property on the right at the corner of Park Ave and Orchard St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,900
  • Price Per SqFt: $122/SqFt

Tax Information:

  • Annual Amount: $970
  • 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

1911 Park Ave vs Lynchburg

65 DAYS ON ROCKET

+45 Days

$269,900

+$5.1K More

$122/SqFt

-$29 Less

KEY TAKEAWAY

This property is $5.1K more than the Median Sold Price and $29/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: #351091

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®
  • Listing Agent: Robert E Dawson

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: 5/23/2024, 1:20:36 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

Jul 07, 2021Home Sold
$156,000
Jun 14, 2021Home Sold
$114,000

Tax History

YEARPROP. TAXASSESSMENT
2020$970$87,400
2019$970$87,400
2018$970$87,400
2017$970$87,400

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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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-638050
2
/10
  • Robert S. Payne Elementary School

  • 1201 Floyd St

  • 0.45 miles

  • Public District Grades PK-5

Middle School

school-card-donut-638051
4
/10
  • Paul Laurence Dunbar Middle For Innovation

  • 1200 Polk St # 1208

  • 0.71 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-638052
3
/10
  • E.C. Glass High School

  • 2111 Memorial Ave

  • 0.48 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,419. 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 HomesVirginiaLynchburg245011911 Park Ave

This home is located at 1911 Park Ave in Lynchburg, VA and zip code 24501 in the Miller Park neighborhood. This 2,220 square foot home, which was built in 1990, sits on a 0.23 acre lot. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $269,900.

In April 2024 more than 37 listings in Lynchburg, VA were sold above the asking price. During the same period more than 45 listings were sold at asking price, while 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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