new - 3 days on rocket

Sale Pending

1504 Pierce St, Lynchburg, VA, 24501

$189,900

Home List Price

$2,255*

Closing Credit

0 Baths
1,881 SqFt
$101/SqFt
Multi

Location

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1504 Pierce St, Lynchburg$189,900

Buyer Closing Credits

$2,255*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1890
MLS #356428
Lot Size0.19 Acres
StatusSale Pending
(Pending)

About 1504 Pierce St

Newly renovated duplex in the heart of Lynchburg! This property offers 2 units, a 2BR /1BA and a 1BR /BA. Separate electric meters, one water meter. Off street parking available. Both apartments have new mini splits for central heat and air, as well as their own washer and dryer hook ups.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 1,881 SqFt

Listing Office:

  • Office Name: Dewitt Real Estate & Auction
  • Office Phone: (434) 239-8684
  • Listing Agent: Jason C Hinds

Interior Features

Interior Information:

  • Flooring Type: Laminate

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Other

Directions Information:

  • Directions: Buchanan St. to 15th St. to right on Pierce St. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,900
  • Price Per SqFt: $101/SqFt

Tax Information:

  • Annual Amount: $106
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$280.7K

Med. Price/SqFt

$160

Avg. Days On Market

25

# of Sold Homes

96

1504 Pierce St vs Lynchburg

3 DAYS ON ROCKET

-22 Days

$189,900

-$90.8K Less

$101/SqFt

-$60 Less

KEY TAKEAWAY

This property is $90.8K less than the Median Sold Price and $60/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: #356428

Listing Office:

  • Office Name: Dewitt Real Estate & Auction
  • Office Phone: (434) 239-8684
  • Listing Agent: Jason C Hinds

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 2025 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: 1/2/2025, 8:21:09 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
2020$106$38,100
2019$416$38,100
2018$416$37,500
2017$416$37,500

History based on county public records data.

Payment Calculator

$1,015

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

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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-52091
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-52092
6
/10
  • William M. Bass Elementary School

  • 1730 Seabury Ave

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-52093
3
/10
  • T. C. Miller Elementary School

  • 600 Mansfield Ave

  • 0.98 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,606. Residents of Lynchburg, VA typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaLynchburg245011504 Pierce St

This home is located at 1504 Pierce St in Lynchburg, VA and zip code 24501 in the Diamond Hill neighborhood. This 1,881 square foot home, which was built in 1890, sits on a 0.19 acre lot. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $189,900.

In December 2024, from all listings sold in Lynchburg, VA there were more than 21 sold above asking price, over 40 sold below and more than 35 were sold right at the asked price. The inventory of homes for sale in Lynchburg, VA between November 2024 and December 2024 decreased by 11%. In December 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $280,738.

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

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