407 Walnut St, Lynchburg, VA, 24504

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407 Walnut St, Lynchburg$125,000

Buyer Closing Credits

$1,484^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year BuiltNew Const., 1892

HeatingForced Air

CoolingWindow Unit(s)

BasementYes

Fireplace3 Fireplaces, Decorative/Non-Op

MLS #352053

Lot Size0.26 Acres

StatusActive

About 407 Walnut St

4 bedroom/2 bath, 2276 sqft home. Main level hard wood floors, Vinyl siding, replacement windows, updates to Electrical and Plumping, two lower roofs are newer. Inside and outside entrance to basement. Off street Parking! Great home or investment property. Currently rented for $1200/mo! Home can be main floor living and front porch has wheel chair ramp. Property being sold AS-IS. Don't miss out! Make an appointment today!

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1892
• Stories: 2
• Living Area: 2,276 SqFt

Listing Office:

• Office Name: Dewitt Real Estate & Auction
• Listing Agent: Dan Hayden

Interior Features

Interior Information:

• Appliances: Dryer, Microwave, Refrigerator, Washer
• Basement: Yes
• Flooring Type: Hardwood, Laminate
• Interior: Main Level Bedroom
• Fireplace: 3 Fireplaces, Decorative/Non-Op

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Exterior: Off-Street Parking, Garden Space, Storm Windows, Storm Doors, Insulated Glass, Ski Slope Nearby

Lot Features

Lot Information:

• Lot: Garden, Near Ski Area
• Lot Size: 0.26 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Window Unit(s)

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: Main Street right on To Walnut street. Home On Right

Price Information

Listing Price Info

Price Summary:

• List Price: $125,000
• Price Per SqFt: $55/SqFt

Tax Information:

• Annual Amount: $523
• Tax Year: 2020

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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

407 Walnut St vs Lynchburg

12 DAYS ON ROCKET

-8 Days

$125,000

-$139.7K Less

$55/SqFt

-$96 Less

KEY TAKEAWAY

This property is $139.7K less than the Median Sold Price and $96/SqFt less than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Lynchburg
• MLS Number: #352053

Listing Office:

• Office Name: Dewitt Real Estate & Auction
• Listing Agent: Dan Hayden

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.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jun 04, 2018	Jun 04, 2018Home Sold	$52,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$523	$47,100
2019	$523	$47,100
2018	$523	$47,100
2017	$523	$47,100

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›407 Walnut St

This home is located at 407 Walnut St in Lynchburg, VA and zip code 24504 in the White Rock Hill neighborhood. This 2,276 square foot home, which was built in 1892, sits on a 0.26 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $125,000.

In April 2024 more than 37 listings in Lynchburg, VA were sold above the asking price. During the same period more than 45 listings were sold at asking price, while more than 34 were sold below. The number of listings in Lynchburg, VA increased by 78.1% between March 2024 and April 2024. While the average time on the market in April 2024 was 20 days, the median list price was $264,764.

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