2227 Park Ave, Lynchburg, VA, 24501

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2227 Park Ave, Lynchburg$165,000

Buyer Closing Credits

$1,959^*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence

Year BuiltNew Const., 1927

HeatingSteam, Oil

CoolingNone

BasementYes

Fireplace1 Fireplace

MLS #347932

Lot Size0.21 Acres

StatusActive

About 2227 Park Ave

Must Sell. 6-bedroom, 4-bathroom property located directly across from Miller Park. This property boasts not only a great location, but also unbeatable convenience, close to the library, restaurants, shopping, schools & more. New roof installed in 2023. Original hardwood floors downstairs, new carpeting on the second floor. This property could be used as a single-family home, or easily converted into 2 separate rental units. Currently zoned R-3. Agent is Owner. Property sold AS-IS. Cash or conventional loan only, no FHA or VA loans. There is no off street parking.

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1927
• Stories: 2
• Living Area: 3,011 SqFt

Listing Office:

• Office Name: Dewitt Real Estate & Auction
• Listing Agent: Kenneth R Mann

Interior Features

Interior Information:

• Appliances: None
• Basement: Yes
• Flooring Type: Carpet, Hardwood, Vinyl
• Interior: Cable Available, Ceiling Fan(s), Free-Standing Tub, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Pantry, Plaster, Separate Dining Room, Walk-In Closet(s)
• Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

• Full Bathrooms: 4
• Total Bedroom Count: 6

Exterior Features

Exterior Information:

• Exterior: Pool Nearby

Lot Features

Lot Information:

• Lot Size: 0.21 Acres

Utilities

Utilities Information:

• Heating: Steam, Oil
• Cooling: None

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: From Fort Ave turn onto Langhorne Road then left onto Park Ave. Property on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $165,000
• Price Per SqFt: $55/SqFt

Tax Information:

• Annual Amount: $273
• Tax Year: 2020

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Housing Market Comparison

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

Lynchburg, VA

City

Med. Sold Price

$259.9K

Med. Price/SqFt

$150

Avg. Days On Market

26

# of Sold Homes

95

2227 Park Ave vs Lynchburg

241 DAYS ON ROCKET

+215 Days

$165,000

-$94.9K Less

$55/SqFt

-$96 Less

KEY TAKEAWAY

This property is $94.9K less than the Median Sold Price and $96/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: #347932

Listing Office:

• Office Name: Dewitt Real Estate & Auction
• Listing Agent: Kenneth R Mann

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: 4/28/2024, 12:55:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$273	$98,400
2019	$273	$98,400
2018	$1,092	$98,400
2017	$1,092	$98,400

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›2227 Park Ave

This home is located at 2227 Park Ave in Lynchburg, VA and zip code 24501 in the Miller Park neighborhood. This 3,011 square foot home, which was built in 1927, sits on a 0.21 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 30, 2023 and is currently priced at $165,000.

In March 2024, from all listings sold in Lynchburg, VA there were more than 24 sold above asking price, over 32 sold below and more than 39 were sold right at the asked price. Between February 2024 and March 2024, Lynchburg, VA real estate market has seen increase in the number of listings by 58.5%. Listings spent 26 days on the market in March 2024, and had a median list price of $259,971 during the same period.

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