3 months on rocket

621 Gum St, Lynchburg, VA, 24504

$109,900

Home List Price

$1,305*

Closing Credit

0 Baths
3,000 SqFt
$37/SqFt
Multi
Schools Nearby

Location

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621 Gum St, Lynchburg$109,900

Buyer Closing Credits

$1,305*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1880
BasementYes
MLS #2402015
StatusActive

About 621 Gum St

2 Units that has a total of 7 bedrooms and 2.5 bathrooms.. It has an attic and basement. Property needs some TLC. Great investment property.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1880
  • Stories: 2
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: RE/MAX Advantage Plus
  • Office Phone: (434) 392-1999
  • Listing Agent: Rebecca Simpson

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Bedroom on Main Level

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,900
  • Price Per SqFt: $37/SqFt

Tax Information:

  • Annual Amount: $128
  • 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

621 Gum St vs Lynchburg

91 DAYS ON ROCKET

+65 Days

$109,900

-$150K Less

$37/SqFt

-$114 Less

KEY TAKEAWAY

This property is $150K less than the Median Sold Price and $114/SqFt less than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2402015

Listing Office:

  • Office Name: RE/MAX Advantage Plus
  • Office Phone: (434) 392-1999
  • Listing Agent: Rebecca Simpson

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. 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: 4/26/2024, 5:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 20, 2021Home Sold
$39,300
Jun 18, 2018Home Sold
$12,950

Tax History

YEARPROP. TAXASSESSMENT
2020$128$11,500
2019$96$11,500
2018$128$11,500
2017$128$11,500

History based on county public records data.

Payment Calculator

$616

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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NMLS#3030

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-782841
4
/10

  • Sandusky Elementary School

  • 5828 Apache Ln

  • 3.87 miles

  • Public District Grades PK-5

Middle School

school-card-donut-782842
3
/10

  • Sandusky Middle School

  • 805 Chinook Pl

  • 3.84 miles

  • Public District Grades 6-8

High School

school-card-donut-782843
2
/10

  • Heritage High School

  • 3020 Wards Ferry Rd

  • 4.73 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 $15,519. Most Lynchburg, VA residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Lynchburg›24504›621 Gum St

This home is located at 621 Gum St in Lynchburg, VA and zip code 24504 in the White Rock Hill neighborhood. This 3,000 square foot home was built in 1880. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $109,900.

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 median list price was $259,971 and the average listing age was 26 days.

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

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