3 months on rocket

1014 Buchanan St, Lynchburg, VA, 24501

$174,000

Home List Price

$2,066*

Closing Credit

0 Baths
1,630 SqFt
$107/SqFt
Multi

Location

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1014 Buchanan St, Lynchburg$174,000

Buyer Closing Credits

$2,066*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1887
HeatingHeat Pump
CoolingHeat Pump
MLS #356380
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 wireless 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!

Property Details

Property Features

Property Information:

  • Year Built: 1887
  • 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:

  • Flooring Type: Wood Floors, Other

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.

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Lynchburg, VA

City

Med. Sold Price

$281.1K

Med. Price/SqFt

$159

Avg. Days On Market

28

# of Sold Homes

103

1014 Buchanan St vs Lynchburg

99 DAYS ON ROCKET

+71 Days

$174,000

-$107.1K Less

$107/SqFt

-$53 Less

KEY TAKEAWAY

This property is $107.1K less than the Median Sold Price and $53/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: #356380

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: 12/22/2024, 4:21:03 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$265$47,700
2019$128$47,700
2018$511$46,000
2017$511$46,000

History based on county public records data.

Payment Calculator

$936

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$588

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NMLS#3030

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.

Nearby Schools

school-card-donut-877336
2
/10

  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-877337
6
/10

  • Dearington Elementary School

  • 210 Smyth St

  • 0.71 miles

  • Public Magnet Grades KG-5

school-card-donut-877338
3
/10

  • T. C. Miller Elementary School

  • 600 Mansfield Ave

  • 0.89 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,115. The majority of Lynchburg, VA residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

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. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $174,000.

In November 2024, from all listings sold in Lynchburg, VA there were more than 25 sold above asking price, over 44 sold below and more than 34 were sold right at the asked price. In November 2024 in Lynchburg, VA there were 4.9% less homes for sale than in October 2024. In November 2024 median list price was $281,126 and the average listing age was 28 days.

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

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