9 months on rocket

405 Cabell St, Lynchburg, VA, 24504

$399,900

Home List Price

$4,749*

Closing Credit

0 Baths
9,124 SqFt
$44/SqFt
Multi
Schools Nearby

Location

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405 Cabell St, Lynchburg$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGuest Parking, Parking Lot, Paved Drive, Other
Year Built1853
MLS #345038
Lot Size0.66 Acres
StatusActive

About 405 Cabell St

Stunning Historic Gem & Guest House known as the Danny-Scott-Adams House, is a historic residence built in 1853 & is an example of Greek Revival architecture! This property is located in the Daniels Hill district with only a short walk to downtown dining, shopping and the bluff walk. Gorgeous views of downtown from the fourth floor! Exquisite architectural detail throughout including detailed trim work, all fireplaces have custom mantles, a columned veranda, balcony, & loft with dormer windows. The 3rd and 4th level renovations are almost complete and the main level and walk out terrace level renovations are started but you can also renovate to your personal taste. Ideal for a variety of uses including duplex, bed & breakfast, boarding house, art gallery, retirement home, or assisted living. Large parking lot behind the property for ample parking. Charming guest house w/ lots of possibilities. Call today for more details of this one of a kind property!

Property Details

Property Features

Property Information:

  • Year Built: 1853
  • Living Area: 9,124 SqFt

Listing Office:

  • Office Name: Lauren Bell Real Estate, Inc.
  • Listing Agent: Lauren Bell

Interior Features

Interior Information:

  • Flooring Type: Wood Floors

Exterior Features

Parking Information:

  • Parking: Guest Parking, Parking Lot, Paved Drive, Other

Lot Features

Lot Information:

  • Lot Size: 0.66 Acres

School Info

Assigned Schools Information:

  • E.C. Glass High School, Public District Grades 9-12
  • Linkhorne Middle School, Public District Grades 6-8
  • Linkhorne Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Fifth Street to Cabell Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $44/SqFt

Tax Information:

  • Annual Amount: $953
  • Tax Year: 2020
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Housing Market Comparison

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

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Lynchburg, VA

City

Med. Sold Price

$259.9K

Med. Price/SqFt

$150

Avg. Days On Market

26

# of Sold Homes

95

405 Cabell St vs Lynchburg

296 DAYS ON ROCKET

+270 Days

$399,900

+$139.9K More

$44/SqFt

-$107 Less

KEY TAKEAWAY

This property is $139.9K more than the Median Sold Price and $107/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: #345038

Listing Office:

  • Office Name: Lauren Bell Real Estate, Inc.
  • Listing Agent: Lauren Bell

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, 4:25:17 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

Jan 30, 2018Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2020$953$171,700
2019$3,070$171,700
2018$5,114$276,600
2017$3,070$276,600

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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-1900632
2
/10

  • Linkhorne Elementary School

  • 2501 Linkhorne Dr

  • 2.67 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1900633
3
/10

  • Linkhorne Middle School

  • 2525 Linkhorne Dr

  • 2.57 miles

  • Public District Grades 6-8

High School

school-card-donut-1900634
2
/10

  • E.C. Glass High School

  • 2111 Memorial Ave

  • 1.56 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,000. The most common annual income of people living in Lynchburg, VA is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Lynchburg›24504›405 Cabell St

This home is located at 405 Cabell St in Lynchburg, VA and zip code 24504 in the Daniel's Hill neighborhood. This 9,124 square foot home, which was built in 1853, sits on a 0.66 acre lot. It has been listed on Rocket Homes since July 06, 2023 and is currently priced at $399,900.

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. 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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