702 Midvale St, Lynchburg, VA, 24501

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

702 Midvale St, Lynchburg$219,900

Buyer Closing Credits

$2,611^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year BuiltNew Const., 1959

HeatingHeat Pump

CoolingHeat Pump

BasementYes

WaterfrontFencing

Fireplace1 Fireplace, Living Room

ViewOther

MLS #351559

Lot Size0.20 Acres

StatusSale Pending
(Pending)

About 702 Midvale St

This adorable 3-bedroom, 1-bathroom gem with 1200 square feet is bursting with charm and character. From its fresh, newly renovated kitchen featuring stunning granite countertops to its modern heat pump ensuring year-round comfort, this home is a true standout. But wait, there's more! With brand-new gutters, water heater, and a roof boasting a 50-year warranty, you'll have peace of mind and extra value packed into every corner. Plus, let's not forget about the fenced yard - perfect for pets and little ones to play safely while you relax. Forget the hassle of renovations - this home is move-in ready, right down to the maintained landscaping. Don't let this opportunity slip away - schedule your showing today and fall in love with your future home sweet home!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1959
• Stories: 1
• Living Area: 1,266 SqFt

Listing Office:

• Office Name: NextHome TwoFourFive
• Listing Agent: Lisa B Garrett

Interior Features

Interior Information:

• Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
• Basement: Yes
• Flooring Type: Hardwood, Vinyl
• Interior: Cable Available, Cable Connections, High Speed Data Aval, Main Level Bedroom
• Fireplace: 1 Fireplace, Living Room

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: Fencing
• View: Other
• Exterior: Fenced Yard, Landscaped, Storm Doors, Insulated Glass

Lot Features

Lot Information:

• Lot: Fencing, Landscaped
• Lot Size: 0.20 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Heat Pump

School Info

Assigned Schools Information:

• Heritage High School, Public District Grades 9-12
• Paul Laurence Dunbar Middle For Innovation, Public Magnet Grades 6-8
• Perrymont Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: Fort Ave to Perrymont, right on Sussex, Left on Biltmore, Right on Midvale

Price Information

Listing Price Info

Price Summary:

• List Price: $219,900
• Price Per SqFt: $174/SqFt

Tax Information:

• Annual Amount: $1,177
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

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

702 Midvale St vs Lynchburg

20 DAYS ON ROCKET

-6 Days

$219,900

-$40K Less

$174/SqFt

+$23 More

KEY TAKEAWAY

This property is $40K less than the Median Sold Price and $23/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: #351559

Listing Office:

• Office Name: NextHome TwoFourFive
• Listing Agent: Lisa B Garrett

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: 4/29/2024, 1:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jul 26, 2021	Jul 26, 2021Home Sold	$139,900

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,177	$106,000
2019	$855	$106,000
2018	$1,140	$102,700
2017	$1,140	$102,700

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,165

Per Month

Principal & Interest

$1,098

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$726

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›702 Midvale St

This home is located at 702 Midvale St in Lynchburg, VA and zip code 24501 in the Perrymont neighborhood. This 1,266 square foot home, which was built in 1959, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 08, 2024 and is currently priced at $219,900.

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. 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.