1014 Buchanan St, Lynchburg, VA, 24501

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1014 Buchanan St, Lynchburg$174,000

Buyer Closing Credits

$2,066^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1887

HeatingHeat Pump

CoolingHeat Pump

ViewOther

MLS #354592

Lot Size0.16 Acres

StatusActive

About 1014 Buchanan St

This 1800s Queen Anne Victorian home has all you need. It has been converted into a duplex. This second floor one bedroom has plenty of closet and storage space. Fully updated ,while keeping the Victorian charm, and has all amenities which includes a large fenced in back yard and a wrap around rocking chair front porch on the main level. Stackable washer and dryer. Comcast Xfinity internet. Full HVAC dual zone system with Nest thermostat. Upstairs level is move in ready and main level needs work to make rent ready. Call today to find out the potential ROI on this duplex in downtown Lynchburg!

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1887
• Stories: 2
• Living Area: 1,630 SqFt

Listing Office:

• Office Name: Cornerstone Realty Group Inc
• Office Phone: (434) 810-6732
• Listing Agent: Schyler C Higgins

Interior Features

Interior Information:

• Appliances: Electric Range, Refrigerator
• Basement: No
• Flooring Type: Hardwood
• Interior: Ceiling Fan(s), Main Level Bedroom, Plaster, Smoke Alarm, Dryer Connection, Washer Connections

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Other
• Exterior: Front Porch, Fenced Yard, Garden Space, Landscaped

Lot Features

Lot Information:

• Lot Size: 0.16 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Heat Pump

Other

Directions Information:

• Directions: Kemper Street make a right onto Park Ave, left onto Buchanan Street, and the house will be on your left.

Price Information

Listing Price Info

Price Summary:

• List Price: $174,000
• Price Per SqFt: $107/SqFt

Tax Information:

• Annual Amount: $265
• 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

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

1014 Buchanan St vs Lynchburg

69 DAYS ON ROCKET

+39 Days

$174,000

-$106K Less

$107/SqFt

-$52 Less

KEY TAKEAWAY

This property is $106K less than the Median Sold Price and $52/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: #354592

Listing Office:

• Office Name: Cornerstone Realty Group Inc
• Office Phone: (434) 810-6732
• Listing Agent: Schyler C Higgins

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: 11/21/2024, 4:20:56 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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$265	$47,700
2019	$128	$47,700
2018	$511	$46,000
2017	$511	$46,000

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›1014 Buchanan St

This home is located at 1014 Buchanan St in Lynchburg, VA and zip code 24501 in the College Hill neighborhood. This 1,630 square foot home, which was built in 1887, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $174,000.

In October 2024 more than 24 listings in Lynchburg, VA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 37 were sold below. Between September 2024 and October 2024, Lynchburg, VA real estate market has seen decrease in the number of listings by 4.7%. The median list price of listings available in October 2024 was $280,000, while the average time on the real estate market was 30 days.

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