1520 Russell St, Lynchburg, VA, 24501

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1520 Russell St, Lynchburg$194,900

Buyer Closing Credits

$2,314^*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence

Year Built1930

HeatingHeat Pump

CoolingHeat Pump

BasementYes

MLS #355221

Lot Size0.19 Acres

StatusActive

About 1520 Russell St

Welcome to 1520 Russell Street, a beautifully updated 1930s bungalow located just off Fort Ave! This charming 2 bed, 1 bath home features a bonus room off the primary bedroom, ideal for an office, nursery, or flex space. The classic bungalow style blends seamlessly with modern updates throughout. Enjoy the convenience of off-street parking, a flat, fenced-in backyard perfect for pets or outdoor gatherings, and a prime location close to schools and downtown Lynchburg. It also has an unfinished basement! This home offers the perfect mix of character and comfort in a sought-after neighborhood!

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Property Details

Property Features

Property Information:

• Architectural Style: Bungalow
• Year Built: 1930
• Stories: 1
• Living Area: 1,072 SqFt

Listing Office:

• Office Name: Lauren Bell Real Estate, Inc.
• Office Phone: (434) 384-1010
• Listing Agent: Logan Bosiger

Interior Features

Interior Information:

• Appliances: Dryer, Gas Range, Refrigerator, Washer
• Basement: Yes
• Flooring Type: Hardwood
• Interior: Drywall, Tile Bath(s), Main Level

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Exterior: Off-Street Parking, Fenced Yard

Lot Features

Lot Information:

• Lot Size: 0.19 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Heat Pump

Other

Directions Information:

• Directions: Fort Ave to Rutherford to left on Russell St

Price Information

Listing Price Info

Price Summary:

• List Price: $194,900
• Price Per SqFt: $182/SqFt

Tax Information:

• Annual Amount: $1,078
• 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

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

1520 Russell St vs Lynchburg

30 DAYS ON ROCKET

-0 Day

$194,900

-$85.1K Less

$182/SqFt

+$23 More

KEY TAKEAWAY

This property is $85.1K less than the Median Sold Price and $23/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: #355221

Listing Office:

• Office Name: Lauren Bell Real Estate, Inc.
• Office Phone: (434) 384-1010
• Listing Agent: Logan Bosiger

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: 11/16/2024, 4:20:54 AM 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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,078	$97,100
2019	$1,019	$97,100
2018	$1,019	$91,800
2017	$1,019	$91,800

History based on county public records data.

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**Disclosures

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

This home is located at 1520 Russell St in Lynchburg, VA and zip code 24501 in the Miller Park neighborhood. This 1,072 square foot home, which was built in 1930, sits on a 0.19 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $194,900.

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. Between September 2024 and October 2024, Lynchburg, VA real estate market has seen decrease in the number of listings by 4.7%. In October 2024 median list price was $280,000 and the average listing age was 30 days.

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