15 days on rocket

1505 Bedford Ave, Lynchburg, VA, 24504

$79,950

Home List Price

$949*

Closing Credit

3 Bedrooms
2 Full Baths
2,353 SqFt
$34/SqFt
House

Location

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1505 Bedford Ave, Lynchburg$79,950

Buyer Closing Credits

$949*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1908
HeatingForced Air, Heat Pump, Hot Water, Electric
CoolingHeat Pump
BasementYes
ViewOther
MLS #356074
Lot Size0.13 Acres
StatusActive

About 1505 Bedford Ave

Was a duplex at one time and can be converted back. City still considers it a duplex. Vacant now but rents for $795 PM. New roof put on last year. Needs a good amount of cleaning.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1908
  • Stories: 2
  • Living Area: 2,353 SqFt

Listing Office:

  • Office Name: Phillips Key Properties
  • Office Phone: (434) 665-9889
  • Listing Agent: Wayne A Phillips

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Pine, Vinyl, Wood
  • Interior: Drywall, Great Room, Plaster, Separate Dining Room, Basement, Dryer Connection, Laundry Room, Washer Connections

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch, Front Porch, Other

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Hot Water, Electric
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Rivermont to Bedford Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $79,950
  • Price Per SqFt: $34/SqFt

Tax Information:

  • Annual Amount: $670
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$281.1K

Med. Price/SqFt

$159

Avg. Days On Market

28

# of Sold Homes

103

1505 Bedford Ave vs Lynchburg

15 DAYS ON ROCKET

-13 Days

$79,950

-$201.1K Less

$34/SqFt

-$126 Less

KEY TAKEAWAY

This property is $201.1K less than the Median Sold Price and $126/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: #356074

Listing Office:

  • Office Name: Phillips Key Properties
  • Office Phone: (434) 665-9889
  • Listing Agent: Wayne A Phillips

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: 12/17/2024, 10:21:07 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
2020$670$60,400
2019$637$60,400
2018$637$57,400
2017$637$57,400

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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-4251443
6
/10
  • Dearington Elementary School

  • 210 Smyth St

  • 1.16 miles

  • Public Magnet Grades KG-5

school-card-donut-4251444
4
/10
  • Madison Heights Elementary School

  • 287 Learning Ln

  • 1.27 miles

  • Public District Grades PK-5

school-card-donut-4251445
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 1.68 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,176. The most common annual income of people living in Lynchburg, VA is less than $35k. 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 1505 Bedford Ave

What is the listing price of this property?

The listing price of 1505 Bedford Ave property is $79,950.

What type of property is this?

The property 1505 Bedford Ave is a house located in Lynchburg, Virginia, 24504.

Is this property for sale now?

Active Listing: 1505 Bedford Ave 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 $670 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1505 Bedford Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1505 Bedford Ave is 2,353 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1505 Bedford Ave is 1908.

Rocket Homes›Virginia›Lynchburg›24504›1505 Bedford Ave

This home is located at 1505 Bedford Ave in Lynchburg, VA and zip code 24504 in the Rivermont neighborhood. This 2,353 square foot home, which was built in 1908, sits on a 0.13 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $79,950.

Lynchburg, VA housing market in November 2024 saw over 25 listings sold above listed price, more than 34 sold at listed price and over 44 sold below. The number of listings in Lynchburg, VA decreased by 4.9% between October 2024 and November 2024. 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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