3 years on rocket

1527 E Lynchburg Salem Tpke, Bedford, VA, 24523

$298,000

1.31 Acres
Land

Location

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Property Highlights

Home TypeBusiness
MLS #330545
Lot Size1.31 Acres
StatusActive

About 1527 E Lynchburg Salem Tpke

1.313acre level Lot with 3 Lighted Signs Aproximately 32sq.ft. each. City Water, Sewer along with Grease Trap for Restaurant. Deeded Ingress/Egress from Rt.460East. Owner has Site Plan for Construction of a 4,800 Sq.Ft. building on file.

Property Details

Property Features

Listing Office:

  • Office Name: Sims Realty & Mortgage Corp
  • Listing Agent: Pete T Sims

Lot Features

Lot Information:

  • Lot Size: 1.31 Acres

Other

Directions Information:

  • Directions: Rt. 460 East several blocks from Bedford Walmart and Lowes

Price Information

Listing Price Info

Price Summary:

  • List Price: $298,000
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Housing Market Comparison

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

Med. Sold Price

$282K

Med. Price/SqFt

$159

Avg. Days On Market

43

# of Sold Homes

26

1527 E Lynchburg Salem Tpke vs Bedford

1363 DAYS ON ROCKET

+1320 Days

$298,000

+$16K More

KEY TAKEAWAY

This property is $16K more than the Median Sold Price in Bedford, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #330545

Listing Office:

  • Office Name: Sims Realty & Mortgage Corp
  • Listing Agent: Pete T Sims

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: 12/22/2024, 11:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,555

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$960

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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-953391
3
/10
  • Bedford Elementary School

  • 806 Tiger Trl

  • 2.34 miles

  • Public District Grades 2-5

school-card-donut-953392
6
/10
  • Otter River Elementary School

  • 1044 Otter River Dr

  • 4.59 miles

  • Public District Grades PK-5

school-card-donut-953393
8
/10
  • New London Academy

  • 12400 E Lynchburg Salem Tpke

  • 10.40 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,938. Residents of Bedford, VA typically earn less than $35k each year. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1527 E Lynchburg Salem Tpke

What is the listing price of this property?

The listing price of 1527 E Lynchburg Salem Tpke property is $298,000.

What type of property is this?

The property 1527 E Lynchburg Salem Tpke is land located in Bedford, Virginia, 24523.

Is this property for sale now?

Active Listing: 1527 E Lynchburg Salem Tpke is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1527 E Lynchburg Salem Tpke is 1.31 acres.
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Rocket HomesVirginiaBedford CountyBedford245231527 E Lynchburg Salem Tpke

This home is located at 1527 E Lynchburg Salem Tpke in Bedford, VA and zip code 24523. This home sits on a 1.31 acre lot. It has been listed on Rocket Homes since March 30, 2021 and is currently priced at $298,000.

While more than 5 listings in Bedford, VA in November 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 9 were sold below. Between October 2024 and November 2024, Bedford, VA real estate market has seen increase in the number of listings by 13.1%. In November 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $282,000.

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

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