4 years on rocket

601 Graves Mill Rd, Lynchburg, VA, 24502

$299,000

4.70 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #321434
Lot Size4.70 Acres
StatusActive

About 601 Graves Mill Rd

Convenient location just a short distance from the 501 / Graves Mill Road interchange. Over 600' of frontage on Graves Mill Road. Zoned B-5C & R-C. The B-5C zoning allows for a wide variety of commercial uses. Surrounding businesses include Charlie's Restaurant, Pinkerton Chevrolet & Buick, Heritage Funeral Home, Liberty University Online, Home Depot and numerous physician's offices.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Commercial Read & Company
  • Listing Agent: Ricky Read

Lot Features

Lot Information:

  • Lot Size: 4.70 Acres

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: From 501 (Expressway) take the Graves Mill Road exit. Right at light to right at light at Pinkerton Chevrolet. Property just past Charlie's Restaurant.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000

Tax Information:

  • Annual Amount: $871
  • 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

601 Graves Mill Rd vs Lynchburg

1671 DAYS ON ROCKET

+1651 Days

$299,000

+$34.2K More

KEY TAKEAWAY

This property is $34.2K more than the Median Sold Price in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #321434

Listing Office:

  • Office Name: Coldwell Banker Commercial Read & Company
  • Listing Agent: Ricky Read

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: 5/7/2024, 1:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$871$313,900
2019$927$313,900
2018$3,710$334,200
2017$3,710$334,200

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-7614105
4
/10
  • Sandusky Elementary School

  • 5828 Apache Ln

  • 0.75 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7614106
3
/10
  • Sandusky Middle School

  • 805 Chinook Pl

  • 0.77 miles

  • Public District Grades 6-8

High School

school-card-donut-7614107
2
/10
  • Heritage High School

  • 3020 Wards Ferry Rd

  • 1.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,575. The majority of Lynchburg, VA residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 601 Graves Mill Rd

What is the listing price of this property?

The listing price of 601 Graves Mill Rd property is $299,000.

What type of property is this?

The property 601 Graves Mill Rd is land located in Lynchburg, Virginia, 24502.

Is this property for sale now?

Active Listing: 601 Graves Mill Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 601 Graves Mill Rd are:
Sandusky Elementary School: GreatSchools Rating 4/10
Sandusky Middle School: GreatSchools Rating 3/10
Heritage High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $871 (source: MLS/based on county public records data).

How much acreage is this property?

The property 601 Graves Mill Rd is 4.70 acres.
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Rocket HomesVirginiaLynchburg24502601 Graves Mill Rd

This home is located at 601 Graves Mill Rd in Lynchburg, VA and zip code 24502. This home sits on a 4.70 acre lot. It has been listed on Rocket Homes since October 10, 2019 and is currently priced at $299,000.

While more than 37 listings in Lynchburg, VA in April 2024 were sold above asking price, there were more than 45 listings sold at asking price, and more than 34 were sold below. In April 2024 in Lynchburg, VA there were 78.1% more homes for sale than in March 2024. In April 2024 median list price was $264,764 and the average listing age was 20 days.

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

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