7 months on rocket

2608 Loraine St, Lynchburg, VA, 24504

$179,000

Home List Price

$2,126*

Closing Credit

3 Bedrooms
2 Full Baths
1,290 SqFt
$139/SqFt
House

Location

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2608 Loraine St, Lynchburg$179,000

Buyer Closing Credits

$2,126*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1935
HeatingHeat Pump, None
CoolingHeat Pump, None
BasementYes
Fireplace1 Fireplace, Gas Log, Living Room
MLS #351445
Lot Size0.15 Acres
StatusActive

About 2608 Loraine St

Great investment with instant equity in this FANTASTIC Renovation/Total Transformation with re-envisioned Floor Plan, Completely Gutted and RESTORED with all NEW Everything Inside and Out from Top to Bottom!! This home has 3 large bedrooms and 2 full baths, a terrific kitchen and inviting porches! Motivated Seller! Come take advantage of this great opportunity to own this beautiful home so affordably!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1935
  • Stories: 2
  • Living Area: 1,290 SqFt

Listing Office:

  • Office Name: Epique Inc
  • Office Phone: (512) 387-0722
  • Listing Agent: Susan E Murray

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Vinyl Plank
  • Interior: Cable Available, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Plaster, Smoke Alarm, Laundry Closet, Main Level
  • Fireplace: 1 Fireplace, Gas Log, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Off-Street Parking, Pool Nearby, Storm Windows, Insulated Glass

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, None
  • Cooling: Heat Pump, None

Other

Directions Information:

  • Directions: From Florida Ave turn onto Poplar, Right on Loraine. House on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $179,000
  • Price Per SqFt: $139/SqFt

Tax Information:

  • Annual Amount: $448
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

2608 Loraine St vs Lynchburg

228 DAYS ON ROCKET

+198 Days

$179,000

-$101K Less

$139/SqFt

-$20 Less

KEY TAKEAWAY

This property is $101K less than the Median Sold Price and $20/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: #351445

Listing Office:

  • Office Name: Epique Inc
  • Office Phone: (512) 387-0722
  • Listing Agent: Susan E Murray

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, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 02, 2021Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$448$40,400
2019$448$40,400
2018$448$40,400
2017$448$40,400

History based on county public records data.

Payment Calculator

$961

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$603

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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-355917
6
/10
  • William M. Bass Elementary School

  • 1730 Seabury Ave

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-355918
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 1.19 miles

  • Public District Grades PK-5

school-card-donut-355919
3
/10
  • T. C. Miller Elementary School

  • 600 Mansfield Ave

  • 2.02 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,519. The most common annual income of people living in Lynchburg, VA is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2608 Loraine St

What is the listing price of this property?

The listing price of 2608 Loraine St property is $179,000.

What type of property is this?

The property 2608 Loraine St is a house located in Lynchburg, Virginia, 24504.

Is this property for sale now?

Active Listing: 2608 Loraine St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $448 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 2, 2021 for $20,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2608 Loraine St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2608 Loraine St is 1,290 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2608 Loraine St is 1935.

Rocket HomesVirginiaLynchburg245042608 Loraine St

This home is located at 2608 Loraine St in Lynchburg, VA and zip code 24504 in the White Rock Hill neighborhood. This 1,290 square foot home, which was built in 1935, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 07, 2024 and is currently priced at $179,000.

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. In October 2024 in Lynchburg, VA there were 4.7% less homes for sale than in September 2024. 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.

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