2608 Loraine St, Lynchburg, VA, 24504

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

2608 Loraine 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., 1935

HeatingHeat Pump, None

CoolingHeat Pump, None

BasementYes

Fireplace1 Fireplace, Gas Log, Living Room

MLS #351445

Lot Size0.15 Acres

StatusActive

About 2608 Loraine St

Seller is now OFFERING $2500 towards Closing Costs!! FANTASTIC Renovation and Total Transformation with re-envisioned Floor Plan, Completely Gutted and RESTORED with all NEW Everything Inside and Out!! The heart-of-the-home kitchen is bright and well appointed with lots of cabinets and counter workspace and the laundry closet. This home with 3 large bedrooms and 2 full baths also has pleasing outdoor spaces with new decks and nice back yard! Off-street parking is a plus! Wonderful to have updated electric with can lights in tall ceilings; insulation and efficient windows; new HVAC, plumbing, fixtures: systems to last for years with no problems! Come be part of the RENAISSANCE of this neighborhood where the earliest of Lynchburg's homes were built!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1935
• Stories: 2
• Living Area: 1,290 SqFt

Listing Office:

• Office Name: eXp Realty LLC-Fredericksburg
• Listing Agent: Susan E Murray

Interior Features

Interior Information:

• Appliances: Dishwasher, Microwave, Electric Range
• Basement: Yes
• Flooring Type: Hardwood, Laminate, Vinyl Plank
• Interior: Cable Available, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Plaster, Smoke Alarm
• Fireplace: 1 Fireplace, Gas Log, Living Room

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Off-Street Parking, River Nearby, Pool Nearby, Storm Windows, Insulated Glass

Lot Features

Lot Information:

• Lot Size: 0.15 Acres

Utilities

Utilities Information:

• Heating: Heat Pump, None
• Cooling: Heat Pump, None

School Info

Assigned Schools Information:

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

Other

Directions Information:

• Directions: From Florida Ave turn onto Poplar, Right on Loraine. House on left.

Price Information

Listing Price Info

Price Summary:

• List Price: $219,900
• Price Per SqFt: $170/SqFt

Tax Information:

• Annual Amount: $448
• 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

$264.7K

Med. Price/SqFt

$151

Avg. Days On Market

20

# of Sold Homes

116

2608 Loraine St vs Lynchburg

41 DAYS ON ROCKET

+21 Days

$219,900

-$44.8K Less

$170/SqFt

+$19 More

KEY TAKEAWAY

This property is $44.8K less than the Median Sold Price and $19/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: #351445

Listing Office:

• Office Name: eXp Realty LLC-Fredericksburg
• Listing Agent: Susan E Murray

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: 5/19/2024, 8:20:34 AM 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
Sep 02, 2021	Sep 02, 2021Home Sold	$20,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$448	$40,400
2019	$448	$40,400
2018	$448	$40,400
2017	$448	$40,400

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›24504›2608 Loraine St

This home is located at 2608 Loraine St in Lynchburg, VA and zip code 24504 in the White Rock Hill neighborhood. This 1,290 square foot home, which was built in 1935, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 07, 2024 and is currently priced at $219,900.

Over 37 listings were sold over their listed price in April 2024 in Lynchburg, VA. In the same period over 34 listings were sold below the listed price and 45 listings were sold for the listed price. The number of homes for sale in Lynchburg, VA increased by 78.1% between March 2024 and April 2024. Listings spent 20 days on the market in April 2024, and had a median list price of $264,764 during the same period.

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