new - 1 day on rocket

1500 Main St Unit 308, Lynchburg, VA, 24504

$159,900

Home List Price

$1,899*

Closing Credit

1 Bedroom
1 Full Bath
563 SqFt
$284/SqFt
Condo

Location

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1500 Main St Unit 308, Lynchburg$159,900

Buyer Closing Credits

$1,899*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2022
HeatingDuctless
CoolingZoned
BasementYes
ViewCity, Pool
Private PoolYes
MLS #355892
Lot Size0.01 Acres
StatusActive

About 1500 Main St Unit 308

This property is a contemporary 1-bed, 1-bath condo situated in The Wayne, a prime downtown Lynchburg location. Renovated to modern standards, it presents an enticing investment prospect (short & midterm rentals) or a comfortable living space. As part of the POA, amenities such as Lumos internet, parking, trash services, pool access, and exterior maintenance are covered, providing convenience and added value. Its proximity to downtown events, shopping, and dining establishments ensures a vibrant lifestyle with everything within walking distance. Notably, the condo boasts a pool, a rarity in Lynchburg, offering a unique feature and enhancing its appeal. Additionally, its close proximity to the James River further enriches its desirability, providing recreational opportunities and scenic views. This unit represents a compelling opportunity in Lynchburgs real estate market, combining modern comforts, convenient amenities, and a prime location. Call today to schedule your showing!

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Stories: 1
  • Living Area: 563 SqFt

Listing Office:

  • Office Name: eXp Realty LLC-Lynchburg
  • Office Phone: (434) 849-8597
  • Listing Agent: Christopher Kiger

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Vinyl Plank
  • Interior: Cable Available, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Main Level Den, Tile Bath(s), Dryer Connection, Main Level, Washer Connections

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City, Pool
  • Exterior: City View, In Ground Pool, Pool Nearby

Lot Features

Lot Information:

  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Zoned

Other

Directions Information:

  • Directions: When on Main Street, go to 1500 Main Street. Enter through the main entrance.

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,900
  • Price Per SqFt: $284/SqFt

HOA Fees:

  • Amount: $195
  • Frequency: Monthly
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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

1500 Main St Unit 308 vs Lynchburg

1 DAY ON ROCKET

-29 Days

$159,900

-$120.1K Less

$284/SqFt

+$125 More

KEY TAKEAWAY

This property is $120.1K less than the Median Sold Price and $125/SqFt more than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #355892

Listing Office:

  • Office Name: eXp Realty LLC-Lynchburg
  • Office Phone: (434) 849-8597
  • Listing Agent: Christopher Kiger

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, 4:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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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-182079
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-182080
6
/10
  • William M. Bass Elementary School

  • 1730 Seabury Ave

  • 1.25 miles

  • Public District Grades KG-5

school-card-donut-182081
6
/10
  • Dearington Elementary School

  • 210 Smyth St

  • 1.48 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,586. The majority of Lynchburg, VA residents have income less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1500 Main St Unit 308

What is the listing price of this property?

The listing price of 1500 Main St Unit 308 property is $159,900.

What type of property is this?

The property 1500 Main St Unit 308 is a condo located in Lynchburg, Virginia, 24504.

Is this property for sale now?

Active Listing: 1500 Main St Unit 308 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1500 Main St Unit 308 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1500 Main St Unit 308 is 563 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1500 Main St Unit 308 is 2022.

Rocket HomesVirginiaLynchburg245041500 Main St Unit 308

This home is located at 1500 Main St Unit 308 in Lynchburg, VA and zip code 24504 in the Diamond Hill neighborhood. This 563 square foot home, which was built in 2022, sits on a 0.01 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $159,900.

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. The number of homes for sale in Lynchburg, VA decreased by 4.7% between September 2024 and October 2024. 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.

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