Approximately 2.14 acres located just off of Memorial Avenue, Lynchburg, VA. Located in the Mid-Town commercial district, these parcels are ideal for business development. Lynchburg City water & sewer available and the B-5 zoning allows for a wide variety of uses. The property features ingress & egress from Alleghany Ave., Norma St., and Talbot St. Sale includes 2605, 2609, 2610, 2612 Norma St., and 408 Talbot St.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Commercial Read & Company
Office Phone: (434) 455-2285
Listing Agent: Luke J Dykeman
Lot Features
Lot Information:
Lot Size: 2.14 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $350,000
Tax Information:
Annual Amount: $1,060
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lynchburg, VA.
This property is $70K more than the Median Sold Price in Lynchburg, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Lynchburg
MLS Number: #343750
Listing Office:
Office Name: Coldwell Banker Commercial Read & Company
Office Phone: (434) 455-2285
Listing Agent: Luke J Dykeman
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, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,060
$95,500
2019
$689
$95,500
2018
$689
$62,100
2017
$689
$62,100
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,814
Per Month
Principal & Interest
$1,747
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,116
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
T. C. Miller Elementary School
600 Mansfield Ave
Distance between this listing and this school0.21 miles
Public Magnet Grades KG-5
6
/10
Dearington Elementary School
210 Smyth St
Distance between this listing and this school0.97 miles
Public Magnet Grades KG-5
2
/10
R. S. Payne Elementary School
1201 Floyd St
Distance between this listing and this school1.07 miles
Public District Grades PK-5
Nearby Schools
4
/10
P. L. Dunbar Middle School
1200 Polk St # 1208
Distance between this listing and this school1.31 miles
Public Magnet Grades 6-8
2
/10
Linkhorne Middle School
2525 Linkhorne Dr
Distance between this listing and this school1.74 miles
Public District Grades 6-8
3
/10
Sandusky Middle School
805 Chinook Pl
Distance between this listing and this school2.31 miles
Public District Grades 6-8
Nearby Schools
3
/10
E. C. Glass High School
2111 Memorial Ave
Distance between this listing and this school0.54 miles
Public District Grades 9-12
2
/10
Heritage High School
3101 Wards Ferry Rd
Distance between this listing and this school3.27 miles
Public District Grades 9-12
5
/10
Brookville High School
100 Laxton Rd
Distance between this listing and this school5.24 miles
The neighbors living near this home have an average income of $43,201. Most Lynchburg, VA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2612 Norma St
What is the listing price of this property?
The listing price of 2612 Norma St property is $350,000.
What type of property is this?
The property 2612 Norma St is land located in Lynchburg, Virginia, 24501.
Is this property for sale now?
Active Listing: 2612 Norma 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 $1,060 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2612 Norma St in Lynchburg, VA and zip code 24501 in the Westend neighborhood. This home sits on a 2.14 acre lot. It has been listed on Rocket Homes since April 25, 2023 and is currently priced at $350,000.
In October 2024, from all listings sold in Lynchburg, VA there were more than 24 sold above asking price, over 37 sold below and more than 30 were sold right at the asked price. 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.
Pro Boxing
Pro Boxing
College Basketball
Extreme Sports
Family Dollar
Dillards
Sam's Club
White Castle
Logan's Roadhouse
Dominos Pizza
Chevrolet
Hyundai
Oldsmobile
Rock
Rhythmic Contemporary Hits