2 months on rocket

560 Addie Way, Lynchburg, VA, 24501

$399,900

Home List Price

$4,749*

Closing Credit

4 Bedrooms
2 Full Baths
1,924 SqFt
$208/SqFt
House
Schools Nearby

Location

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560 Addie Way, Lynchburg$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingIn Basement, 12x20 Level: Below Grade
Attached Garage1 space
Year BuiltNew Const., 2005
HeatingHeat Pump
CoolingHeat Pump
BasementYes
MLS #350080
Lot Size0.25 Acres
StatusActive

About 560 Addie Way

Energy efficient home in Russell Springs. The home was totally re-built in 2021 on top of the 2005 foundation. The solar panels stay out of sight and out of mind except when you pay that bill every month. Only $10 a month or less for electricity every month of the year! Open concept living room, kitchen, and dining room. The kitchen offers lots of counter space, cabinets, granite countertops and a large island with space for stools. Luxury vinyl plank floors on both levels. Main level master bedroom suite with walk in closet and private bathroom. Main level laundry closet. Upstairs offers 3 more bedrooms and a full bath in the hall. The walk-in attic space just needs some flooring for easy access storage. The lower level has a one car garage with space for a workshop. Finish the other side of the basement to add another 460 sqft of living space. All it needs is receptacles, can lights, bathroom fixtures, and flooring. Concrete driveway. Storage shed.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2005
  • Stories: 2
  • Living Area: 1,924 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest
  • Listing Agent: Jeremy B Phillips

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl Plank
  • Interior: Cable Available, Cable Connections, Drywall, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Concrete Drive

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: In Basement, 12x20 Level: Below Grade

Lot Features

Lot Information:

  • Lot: Paved
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: English Tavern Rd to Russell Springs Dr to left on Addie Way to home on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $193
  • Tax Year: 2021
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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

560 Addie Way vs Lynchburg

85 DAYS ON ROCKET

+59 Days

$399,900

+$139.9K More

$208/SqFt

+$57 More

KEY TAKEAWAY

This property is $139.9K more than the Median Sold Price and $57/SqFt more than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #350080

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest
  • Listing Agent: Jeremy B Phillips

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, 7:25:17 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

Sep 20, 2019Home Sold
$216,000
Sep 12, 2016Home Sold
$187,000
Mar 31, 2010Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2021$193$193,200
2020$1,005$193,200
2019$1,046$193,200
2018$1,046$201,200
2017$1,046$201,200

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-1089794
6
/10

  • Rustburg Elementary School

  • 25 Webbs Way

  • 4.78 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1089795
5
/10

  • Rustburg Middle School

  • 555 Village Hwy

  • 4.85 miles

  • Public District Grades 6-8

High School

school-card-donut-1089796
7
/10

  • Rustburg High School

  • 1671 Village Hwy

  • 5.54 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 $47,481. The most common annual income of people living in Lynchburg, VA is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 560 Addie Way

What is the listing price of this property?

The listing price of 560 Addie Way property is $399,900.

What type of property is this?

The property 560 Addie Way is a house located in Lynchburg, Virginia, 24501.

Is this property for sale now?

Active Listing: 560 Addie Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 560 Addie Way are:
Rustburg Elementary School: GreatSchools Rating 6/10
Rustburg Middle School: GreatSchools Rating 5/10
Rustburg High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $193 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 20, 2019 for $216,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 560 Addie Way has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 560 Addie Way is 1,924 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 560 Addie Way is 2005.

Rocket Homes›Virginia›Lynchburg›24501›560 Addie Way

This home is located at 560 Addie Way in Lynchburg, VA and zip code 24501. This 1,924 square foot home, which was built in 2005, sits on a 0.25 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $399,900.

In March 2024 more than 24 listings in Lynchburg, VA were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 32 were sold below. The number of homes for sale in Lynchburg, VA increased by 58.5% between February 2024 and March 2024. 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.

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