Sold in 15 Days

1135 Rainbow Forest Dr, Lynchburg, VA, 24502

Closed On : Fri Dec 06 2024

$280,000

red-arrow-pointing-down$2.5K Below Asking

List Price : $282,500
3 Bedrooms
3 Full Baths
2,704 SqFt
House

Location

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Comparable Homes

ranch-style home with a front yard
$3,230 Closing Credit*

$272,000

2,358 SqFt

5 Beds

•

3 Full Baths

156 Shelor Dr, Lynchburg VA, 24502

Larry Comerford, Listing Office: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest

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Price Details

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

1135 Rainbow Forest Dr vs Lynchburg

71 DAYS ON ROCKET

+43 Days

$280,000

-$1.1K Less

KEY TAKEAWAY

This property is $1.1K less than the Median Sold Price in Lynchburg, VA.

Based on homes sold in the last 12 months

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: 12/21/2024, 11:21:07 PM 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
2021$1,007$193,600
2020$1,007$173,900
2019$904$193,600
2018$304$173,900
2017$304$173,900

History based on county public records data.

Payment Calculator

$1,477

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$913

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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-817102
6
/10

  • Tomahawk Elementary School

  • 155 Bee Dr

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-817103
8
/10

  • Thomas Jefferson Elementary School

  • 1255 Patriot Pl

  • 2.09 miles

  • Public District Grades PK-5

school-card-donut-817104
6
/10

  • Leesville Road Elementary School

  • 25 Lewis Way

  • 2.23 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,845. Residents of Lynchburg, VA typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket Homes›Virginia›Lynchburg›24502›1135 Rainbow Forest Dr

In November 2024 more than 25 listings in Lynchburg, VA were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 44 were sold below. The inventory of homes for sale in Lynchburg, VA between October 2024 and November 2024 decreased by 4.9%. The median list price of listings available in November 2024 was $281,126, while the average time on the real estate market was 28 days.

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

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