1520 Buchanan St, Lynchburg, VA, 24501

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1520 Buchanan St, Lynchburg$119,900

Buyer Closing Credits

$1,424^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built2002

HeatingHeat Pump

CoolingHeat Pump

MLS #354941

Lot Size0.05 Acres

StatusAccepting Backup Offers
(Actv 1st RghtofRefus)

About 1520 Buchanan St

Welcome to this charming one-story home in Lynchburg! Boasting 2 cozy bedrooms and a beautifully updated bathroom, this residence is perfect for comfortable living. Step inside to discover stunning new LVP flooring that flows seamlessly throughout the space. The modern kitchen features brand-new appliances, making it a delight for any home chef. Enjoy fresh updates with new fixtures throughout and a crisp coat of interior paint that brightens every room. A new heat pump ensures year-round comfort. This home combines style and functionality, making it a perfect retreat. Dont miss the opportunity to make it yours! New Roof was just installed!

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Property Details

Property Features

Property Information:

• Architectural Style: Bungalow
• Year Built: 2002
• Stories: 1
• Living Area: 765 SqFt

Listing Office:

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

Interior Features

Interior Information:

• Appliances: Electric Range, Refrigerator
• Basement: No
• Flooring Type: Vinyl Plank
• Interior: Cable Available, Main Level Bedroom, Dryer Connection, Washer Connections

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Exterior: Garden Space

Lot Features

Lot Information:

• Lot Size: 0.05 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Heat Pump

Other

Directions Information:

• Directions: Fort Ave. to 12th street to Buchanan Street.

Price Information

Listing Price Info

Price Summary:

• List Price: $119,900
• Price Per SqFt: $157/SqFt

Tax Information:

• Annual Amount: $553
• 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

1520 Buchanan St vs Lynchburg

50 DAYS ON ROCKET

+22 Days

$119,900

-$161.2K Less

$157/SqFt

-$3 Less

KEY TAKEAWAY

This property is $161.2K less than the Median Sold Price and $3/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: #354941

Listing Office:

• Office Name: Keller Williams
• Listing Agent: Stacy 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: 12/3/2024, 1:20:55 PM 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

Listing History

DATE	EVENT	PRICE
Aug 10, 2021	Aug 10, 2021Home Sold	$40,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$553	$49,800
2019	$535	$49,800
2018	$535	$48,200
2017	$535	$48,200

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›1520 Buchanan St

This home is located at 1520 Buchanan St in Lynchburg, VA and zip code 24501 in the Diamond Hill neighborhood. This 765 square foot home, which was built in 2002, sits on a 0.05 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $119,900.

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. Between October 2024 and November 2024, Lynchburg, VA real estate market has seen decrease in the number of listings by 4.9%. In November 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $281,126.

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