29 days on rocket

1020 Main St, Lynchburg, VA, 24504

$949,000

0.13 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #355367
Lot Size0.13 Acres
StatusActive

About 1020 Main St

Two Commercial parcels located in a highly visible location nearby numerous retail, office, and residential building. These are Main Street Lynchburgs last remaining development parcels. Zoned B-4 they are suitable for a wide variety of commercial, retail, or mixed use development.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Commercial Read & Company
  • Office Phone: (434) 455-2285
  • Listing Agent: Luke J Dykeman

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000

Tax Information:

  • Annual Amount: $482
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lynchburg, VA.

Med. Sold Price

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

1020 Main St vs Lynchburg

29 DAYS ON ROCKET

-1 Day

$949,000

+$669K More

KEY TAKEAWAY

This property is $669K more than the Median Sold Price in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #355367

Listing Office:

  • Office Name: Coldwell Banker Commercial Read & Company
  • Office Phone: (434) 455-2285
  • Listing Agent: Luke J Dykeman

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, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 13, 2006Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020$482$57,900
2019$402$57,900
2018$402$36,200
2017$402$36,200

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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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-267241
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-267242
6
/10
  • Dearington Elementary School

  • 210 Smyth St

  • 1.21 miles

  • Public Magnet Grades KG-5

school-card-donut-267243
4
/10
  • Madison Heights Elementary School

  • 287 Learning Ln

  • 1.35 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,586. Residents of Lynchburg, VA typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 Main St

What is the listing price of this property?

The listing price of 1020 Main St property is $949,000.

What type of property is this?

The property 1020 Main St is land located in Lynchburg, Virginia, 24504.

Is this property for sale now?

Active Listing: 1020 Main St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $482 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 13, 2006 for $35,000. (source: MLS/tax record).

How much acreage is this property?

The property 1020 Main St is 0.13 acres.
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Rocket HomesVirginiaLynchburg245041020 Main St

This home is located at 1020 Main St in Lynchburg, VA and zip code 24504 in the Central Business District neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $949,000.

Lynchburg, VA housing market in October 2024 saw over 24 listings sold above listed price, more than 30 sold at listed price and over 37 sold below. The number of listings in Lynchburg, VA decreased by 4.7% between September 2024 and October 2024. In October 2024 median list price was $280,000 and the average listing age was 30 days.

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

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