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1513 Polk St, Lynchburg, VA, 24504

$129,900

Home List Price

$1,543*

Closing Credit

0 Baths
2,160 SqFt
$60/SqFt
Multi

Location

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1513 Polk St, Lynchburg$129,900

Buyer Closing Credits

$1,543*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street Parking, Paved Drive
Year Built1855
HeatingHeat Pump
CoolingHeat Pump
MLS #355503
Lot Size0.15 Acres
StatusActive

About 1513 Polk St

Welcome to this charming triplex located in the heart of Lynchburg! This two-story property features three distinct apartments, perfect for investors or multi-family living. Apartment 1 boasts 2 spacious bedrooms and 1 full bath, while Apartment 2 offers a cozy 1-bedroom layout with a full bath, complete with a fridge and stove. Youll appreciate the private staircase leading to Apartment 2. The efficiency apartment rounds out the offering, providing flexible living options. Each apartment is equipped with its own electric meter, while the property shares a water meter. Enjoy the convenience of off-street parking alongside a paved driveway that accommodates 2-3 cars. This well-maintained triplex is an excellent opportunity for income generation or comfortable living. Dont miss out on this!

Property Details

Property Features

Property Information:

  • Year Built: 1855
  • Living Area: 2,160 SqFt

Listing Office:

  • Office Name: Keller Williams
  • Listing Agent: DH Powell

Interior Features

Interior Information:

  • Flooring Type: Wood Floors

Exterior Features

Parking Information:

  • Parking: Off Street Parking, Paved Drive

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Heritage High School, Public District Grades 9-12
  • Sandusky Middle School, Public District Grades 6-8
  • Sandusky Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 12th Street To Polk Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $129,900
  • Price Per SqFt: $60/SqFt

Tax Information:

  • Annual Amount: $501
  • Tax Year: 2020
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Housing Market Comparison

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

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Lynchburg, VA

City

Med. Sold Price

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

1513 Polk St vs Lynchburg

4 DAYS ON ROCKET

-26 Days

$129,900

-$150.1K Less

$60/SqFt

-$99 Less

KEY TAKEAWAY

This property is $150.1K less than the Median Sold Price and $99/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: #355503

Listing Office:

  • Office Name: Keller Williams
  • Listing Agent: DH Powell

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: 11/5/2024, 2:20:55 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$501$60,200
2019$650$60,200
2018$651$58,600
2017$650$58,600

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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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.

Elementary School

school-card-donut-2138898
3
/10

  • Sandusky Elementary School

  • 5828 Apache Ln

  • 3.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2138899
3
/10

  • Sandusky Middle School

  • 805 Chinook Pl

  • 3.62 miles

  • Public District Grades 6-8

High School

school-card-donut-2138900
2
/10

  • Heritage High School

  • 3020 Wards Ferry Rd

  • 4.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,606. Most Lynchburg, VA residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Lynchburg›24504›1513 Polk St

This home is located at 1513 Polk St in Lynchburg, VA and zip code 24504 in the Diamond Hill neighborhood. This 2,160 square foot home, which was built in 1855, sits on a 0.15 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $129,900.

While more than 24 listings in Lynchburg, VA in October 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 37 were sold below. In October 2024 in Lynchburg, VA there were 4.7% less homes for sale than in September 2024. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $280,000.

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

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