201 Hood St, Lynchburg, VA, 24501

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201 Hood St, Lynchburg$249,900

Buyer Closing Credits

$2,968^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingOn-Street

Year Built1912

HeatingOther

CoolingOther

MLS #355786

Lot Size0.14 Acres

StatusActive

About 201 Hood St

This duplex in Lynchburg offers two updated units, ideal for investment or multi-family living. Apt A is a 2-bedroom, 1-bathroom downstairs unit with a side entrance, while Apt B is a 3-bedroom, 1-bathroom upstairs unit with a front entrance (currently occupied). Both units underwent extensive upgrades in 2022, including mini-split systems, electrical updates with separate meters, a resurfaced roof, and modernized plumbing. The exterior was repainted, and interiors boast fresh paint, updated kitchens and bathrooms, and new hardware. The crawlspace was recently improved with a new moisture barrier and insulation. The property sits on a level corner lot with convenient on-street parking.

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Property Details

Property Features

Property Information:

• Year Built: 1912
• Living Area: 2,830 SqFt

Listing Office:

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

Interior Features

Interior Information:

• Flooring Type: Wood Floors

Exterior Features

Parking Information:

• Parking: On-Street

Lot Features

Lot Information:

• Lot Size: 0.14 Acres

Utilities

Utilities Information:

• Heating: Other
• Cooling: Other

Other

Directions Information:

• Directions: Oakley To Richmond (Beside Toyota) Right On Hood.

Price Information

Listing Price Info

Price Summary:

• List Price: $249,900
• Price Per SqFt: $88/SqFt

Tax Information:

• Annual Amount: $128
• 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

201 Hood St vs Lynchburg

2 DAYS ON ROCKET

-28 Days

$249,900

-$30.1K Less

$88/SqFt

-$71 Less

KEY TAKEAWAY

This property is $30.1K less than the Median Sold Price and $71/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: #355786

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: 11/21/2024, 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	$128	$46,200
2019	$176	$46,200
2018	$706	$63,600
2017	$706	$63,600

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›201 Hood St

This home is located at 201 Hood St in Lynchburg, VA and zip code 24501 in the Westend neighborhood. This 2,830 square foot home, which was built in 1912, sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $249,900.

In October 2024 more than 24 listings in Lynchburg, VA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while 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, 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.