1402 Nelson Dr, Lynchburg, VA, 24502

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1402 Nelson Dr, Lynchburg$275,000

Buyer Closing Credits

$3,266^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1971

HeatingHeat Pump

CoolingHeat Pump

BasementYes

Fireplace1 Fireplace, 2 Fireplaces

MLS #355543

Lot Size0.37 Acres

StatusActive

About 1402 Nelson Dr

Conveniently located ranch-style residence features 3 spacious bedrooms and 3.5 baths ready for you! Located at the end of a cul-de-sac, you are just 8 minutes from Liberty University and 12 minutes from downtown Lynchburg. Master bedroom has a large closet for the age of the home and an ensuite bathroom! The finished basement is ready for an extended living space to call your own and ready to rent with an office space that has served as a 4th bedroom. Behind the house you will see a private yard space and a small creek as well. House was previously being rented for $2,050/month! Home inspection is available for your benefit. Schedule a showing today!

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1971
• Stories: 1
• Living Area: 2,571 SqFt

Listing Office:

• Office Name: eXp Realty LLC-Fredericksburg
• Office Phone: (866) 825-7169
• Listing Agent: David Miller

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
• Basement: Yes
• Flooring Type: Hardwood, Tile
• Interior: Apartment, Ceiling Fan(s), Great Room, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Basement, Laundry Room, Main Level
• Fireplace: 1 Fireplace, 2 Fireplaces

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 3
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Off-Street Parking, Patio, Porch, Garden Space, Tennis Courts Nearby

Lot Features

Lot Information:

• Lot Size: 0.37 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Heat Pump

Other

Directions Information:

• Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

• List Price: $275,000
• Price Per SqFt: $107/SqFt

Tax Information:

• Annual Amount: $1,317
• 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

$281.1K

Med. Price/SqFt

$159

Avg. Days On Market

28

# of Sold Homes

103

1402 Nelson Dr vs Lynchburg

51 DAYS ON ROCKET

+23 Days

$275,000

-$6.1K Less

$107/SqFt

-$53 Less

KEY TAKEAWAY

This property is $6.1K 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: #355543

Listing Office:

• Office Name: eXp Realty LLC-Fredericksburg
• Office Phone: (866) 825-7169
• Listing Agent: David Miller

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, 11:21:07 AM 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	$1,317	$158,200
2019	$1,677	$158,200
2018	$1,677	$151,100
2017	$1,677	$151,100

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24502›1402 Nelson Dr

This home is located at 1402 Nelson Dr in Lynchburg, VA and zip code 24502 in the Richland Hills neighborhood. This 2,571 square foot home, which was built in 1971, sits on a 0.37 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $275,000.

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 number of listings in Lynchburg, VA decreased by 4.9% between October 2024 and November 2024. Listings spent 28 days on the market in November 2024, and had a median list price of $281,126 during the same period.

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