15 days on rocket

1308 Clay St, Lynchburg, VA, 24504

$329,900

Home List Price

$3,918*

Closing Credit

0 Baths
4,720 SqFt
$70/SqFt
Multi
Schools Nearby

Location

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1308 Clay St, Lynchburg$329,900

Buyer Closing Credits

$3,918*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street
Year Built1906
HeatingHot Water, Gas
CoolingNone
MLS #352338
Lot Size0.15 Acres
StatusActive

About 1308 Clay St

You will be absolutely amazed by the amount of preserved woodwork and original features in this home. The beautiful brick exterior welcomes you on to a sprawling front porch from the quiet and very walkable brick lined Clay Street in the heart of Diamond Hill historic district in Downtown Lynchburg. This home has been split into 7 apartments for many years but has still retained almost every bit of original detailing- making turning back into single family an absolute breeze with the removal of a few walls. The woodwork and hardwood floors remain unpainted throughout the home. This is a home you could live in and more than pay your mortgage with the additional units whether just keeping the two basement units OR remaining as multi family. A great candidate for the city rehab program for reduced taxes or potentially historic tax credits- this is an absolute gem of a house you do not want to miss!

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Living Area: 4,720 SqFt

Listing Office:

  • Office Name: Flint Property Group
  • Listing Agent: Victoria E Bartholomew

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Wood Floors

Exterior Features

Parking Information:

  • Parking: On-Street

Lot Features

Lot Information:

  • Lot: Historic
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Gas
  • Cooling: None

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

Other

Directions Information:

  • Directions: From Downtown Church st, Right on Washington, Right on Madison, Right on 13th, right on Clay st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,900
  • Price Per SqFt: $70/SqFt

Tax Information:

  • Annual Amount: $1,162
  • 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

$264.7K

Med. Price/SqFt

$151

Avg. Days On Market

20

# of Sold Homes

116

1308 Clay St vs Lynchburg

15 DAYS ON ROCKET

-5 Days

$329,900

+$65.1K More

$70/SqFt

-$81 Less

KEY TAKEAWAY

This property is $65.1K more than the Median Sold Price and $81/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: #352338

Listing Office:

  • Office Name: Flint Property Group
  • Listing Agent: Victoria E Bartholomew

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, 2:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,162$104,700
2019$1,162$104,700
2018$1,162$104,700
2017$1,162$104,700

History based on county public records data.

Payment Calculator

$1,714

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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-5981094
3
/10

  • Sandusky Elementary School

  • 5828 Apache Ln

  • 3.97 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5981095
3
/10

  • Sandusky Middle School

  • 805 Chinook Pl

  • 3.94 miles

  • Public District Grades 6-8

High School

school-card-donut-5981096
2
/10

  • Heritage High School

  • 3020 Wards Ferry Rd

  • 4.90 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 $64,939. The majority of Lynchburg, VA residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Lynchburg›24504›1308 Clay St

This home is located at 1308 Clay St in Lynchburg, VA and zip code 24504 in the Diamond Hill neighborhood. This 4,720 square foot home, which was built in 1906, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $329,900.

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. Between March 2024 and April 2024, Lynchburg, VA real estate market has seen increase in the number of listings by 78.1%. The median list price of listings available in April 2024 was $264,764, while the average time on the real estate market was 20 days.

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

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