2920 Richmond St, Lynchburg, VA, 24501

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2920 Richmond St, Lynchburg$139,900

Buyer Closing Credits

$1,661^*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence

Year BuiltNew Const., 1905

HeatingFireplace, Heat Pump, Zoned

CoolingHeat Pump, Zoned

Fireplace2 Fireplaces, Gas Log, Living Room

MLS #344726

Lot Size0.34 Acres

StatusSale Pending
(Pending)

About 2920 Richmond St

This property is a rare find with 0.344 acres of land in a private setting in Lynchburg! Enjoy the back deck and two gas fireplaces inside! This home is convenient to all local amenities, including stores, schools, colleges and hospitals! This four bedroom home offers two zoned heating and cooling for your comfort. Also included is a shed with its own electric and plenty of off street parking. Attention investors, this property is zoned B-5 which means that you can run your business from this property as well. This property is ready for your personal use and/or business use and would make an excellent rental property! This is a one of a kind property and will not last. Sold as-is''.

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1905
• Stories: 2
• Living Area: 1,500 SqFt

Listing Office:

• Office Name: XRealty.net LLC
• Listing Agent: Norman S Domingo

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
• Basement: No
• Flooring Type: Hardwood, Tile, Vinyl
• Interior: Cable Available, Cable Connections, Ceiling Fan(s), Main Level Bedroom, Paneling, Security System, Separate Dining Room, Smoke Alarm, Other
• Fireplace: 2 Fireplaces, Gas Log, Living Room

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Exterior: Secluded Lot, Lake Nearby

Lot Features

Lot Information:

• Lot: Secluded
• Lot Size: 0.34 Acres

Utilities

Utilities Information:

• Heating: Fireplace, Heat Pump, Zoned
• Cooling: Heat Pump, Zoned

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
• Dearington Elementary/Innovation, Public Magnet Grades PK-5

Other

Directions Information:

• Directions: Take Oakley next to Lynchburg University and Richmond is just a few blocks away.

Price Information

Listing Price Info

Price Summary:

• List Price: $139,900
• Price Per SqFt: $93/SqFt

Tax Information:

• Annual Amount: $533
• 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

2920 Richmond St vs Lynchburg

315 DAYS ON ROCKET

+289 Days

$139,900

-$120K Less

$93/SqFt

-$58 Less

KEY TAKEAWAY

This property is $120K less than the Median Sold Price and $58/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: #344726

Listing Office:

• Office Name: XRealty.net LLC
• Listing Agent: Norman S Domingo

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, 8:25:18 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	$533	$64,000
2019	$174	$64,000
2018	$696	$62,700
2017	$696	$62,700

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›2920 Richmond St

This home is located at 2920 Richmond St in Lynchburg, VA and zip code 24501 in the Westend neighborhood. This 1,500 square foot home, which was built in 1905, sits on a 0.34 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 16, 2023 and is currently priced at $139,900.

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. The number of listings in Lynchburg, VA increased by 58.5% between February 2024 and March 2024. 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.