1747 Otey St, Lynchburg, VA, 24501

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1747 Otey St, Lynchburg$144,000

Buyer Closing Credits

$1,710^*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence

Year Built1920

HeatingHeat Pump

CoolingHeat Pump

ViewOther

MLS #353403

Lot Size0.27 Acres

StatusActive

About 1747 Otey St

This one level 2BR/1BA updated home is move-in ready. Some of the features of this home includes newer replacement windows, updated backsplash, vinyl siding, & heat pump. There is a oversized backyard with a privacy fence at back of property, plenty of room for kids or pets to run.Large living room, a den that could be dining room, large kitchen, two spacious bedrooms, & a nice size bathroom. Covered front porch & side porch as well. This home would make a perfect turn-key investment property with a great tenant already in place, or a great starter home with not much to do! Motivated sellers!!! Bring offers!

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1920
• Stories: 1
• Living Area: 1,260 SqFt

Listing Office:

• Office Name: Long & Foster-Forest
• Office Phone: (434) 316-6100
• Listing Agent: Mike Osei Jr.

Interior Features

Interior Information:

• Appliances: Electric Range, Refrigerator, Self Cleaning Oven
• Basement: No
• Flooring Type: Carpet, Ceramic Tile, Vinyl
• Interior: Cable Available, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Main Level Den, Smoke Alarm, Dryer Connection, Laundry Closet, Main Level, Washer Connections

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• View: Other
• Exterior: Off-Street Parking, Porch, Front Porch, Side Porch, Concrete Drive, Privacy Fence, Garden Space, Landscaped, Storm Windows, Storm Doors, Insulated Glass

Lot Features

Lot Information:

• Lot Size: 0.27 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
• William M. Bass Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: Campbell Ave left on Otey St, to home on left with driveway.

Price Information

Listing Price Info

Price Summary:

• List Price: $144,000
• Price Per SqFt: $114/SqFt

Tax Information:

• Annual Amount: $443
• 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

$279.3K

Med. Price/SqFt

$158

Avg. Days On Market

29

# of Sold Homes

122

1747 Otey St vs Lynchburg

71 DAYS ON ROCKET

+42 Days

$144,000

-$135.3K Less

$114/SqFt

-$44 Less

KEY TAKEAWAY

This property is $135.3K less than the Median Sold Price and $44/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: #353403

Listing Office:

• Office Name: Long & Foster-Forest
• Office Phone: (434) 316-6100
• Listing Agent: Mike Osei Jr.

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: 9/20/2024, 10:20:56 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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$443	$39,900
2019	$443	$39,900
2018	$443	$39,900
2017	$443	$39,900

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›1747 Otey St

This home is located at 1747 Otey St in Lynchburg, VA and zip code 24501 in the Fairview Heights neighborhood. This 1,260 square foot home, which was built in 1920, sits on a 0.27 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $144,000.

In August 2024 more than 27 listings in Lynchburg, VA were sold above the asking price. During the same period more than 49 listings were sold at asking price, while more than 46 were sold below. The number of homes for sale in Lynchburg, VA decreased by 6% between July 2024 and August 2024. Listings spent 29 days on the market in August 2024, and had a median list price of $279,385 during the same period.

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