470 Rivermont Ave, Lynchburg, VA, 24504

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470 Rivermont Ave, Lynchburg$197,500

Buyer Closing Credits

$2,345^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingOn-Street

Year Built1914

HeatingHeat Pump

CoolingHeat Pump

MLS #352345

Lot Size0.17 Acres

StatusSale Pending
(Pending)

About 470 Rivermont Ave

Great Duplex on Rivermont! Both units renovated within the last two years. 2 Bedroom and 1 Bathroom units. Hardwood and vinyl flooring throughout. Separate electric meters. Currently, fully occupied and this property has had no problems being rented in the past. Walking distance to downtown! This property is occupied and as to not disturb the amazing tenants, the property has restricted hours for showings. Speak to an agent about available showing times. Photos on listing from right before the current tenants moved in. **Property being Sold AS-IS**

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Property Details

Property Features

Property Information:

• Year Built: 1914
• Living Area: 1,702 SqFt

Listing Office:

• Office Name: Raven Realty LLC
• Listing Agent: Jaysn M Schaener

Interior Features

Interior Information:

• Flooring Type: Carpet, Vinyl

Exterior Features

Parking Information:

• Parking: On-Street

Lot Features

Lot Information:

• Lot: Historic
• Lot Size: 0.17 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Heat Pump

School Info

Assigned Schools Information:

• E.C. Glass High School, Public District Grades 9-12
• Linkhorne Middle School, Public District Grades 6-8
• Linkhorne Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: Rivermont Ave. towards downtown. Duplex on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $197,500
• Price Per SqFt: $116/SqFt

Tax Information:

• Annual Amount: $760
• 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

470 Rivermont Ave vs Lynchburg

15 DAYS ON ROCKET

-5 Days

$197,500

-$67.2K Less

$116/SqFt

-$35 Less

KEY TAKEAWAY

This property is $67.2K less than the Median Sold Price and $35/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: #352345

Listing Office:

• Office Name: Raven Realty LLC
• Listing Agent: Jaysn M Schaener

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: 6/1/2024, 6:20:34 PM 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
Aug 24, 2015	Aug 24, 2015Home Sold	$54,900

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$760	$68,500
2019	$706	$68,500
2018	$706	$63,600
2017	$706	$63,600

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›470 Rivermont Ave

This home is located at 470 Rivermont Ave in Lynchburg, VA and zip code 24504 in the Daniel's Hill neighborhood. This 1,702 square foot home, which was built in 1914, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $197,500.

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. The number of homes for sale in Lynchburg, VA increased by 78.1% between March 2024 and April 2024. In April 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $264,764.

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