4 months on rocket

2685 Dearing Ford Rd, Altavista, VA, 24517

$1,200,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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2685 Dearing Ford Rd, Altavista$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1968
HeatingHeat Pump
CoolingHeat Pump
MLS #353970
Lot Size19.57 Acres
StatusActive

About 2685 Dearing Ford Rd

Awesome investment opportunity. This is the perfect property for an investor or developer. Zoned multi family, just awaiting you to bring your plans to life. Great location right outside the town limits of Altavista. Convenient to shopping and dining. Dont miss this opportunity. Will sub-divide potential purchaser could rezone for commercial - great chance to develop in a busy area - about 19.57 acres

Property Details

Property Features

Property Information:

  • Year Built: 1968

Listing Office:

  • Office Name: Watts Auction Realty Appraisals Inc
  • Listing Agent: Charlie A Watts II

Lot Features

Lot Information:

  • Lot Size: 19.57 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From Lynchburg, take 29 South to the first Altavista exit, turn right onto Dearing Ford Rd, property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000

Tax Information:

  • Annual Amount: $907
  • Tax Year: 2021
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Housing Market Comparison

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

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Altavista, VA

City

Med. Sold Price

$190.5K

Med. Price/SqFt

$142

Avg. Days On Market

75

# of Sold Homes

4

2685 Dearing Ford Rd vs Altavista

130 DAYS ON ROCKET

+55 Days

$1,200,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Altavista, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #353970

Listing Office:

  • Office Name: Watts Auction Realty Appraisals Inc
  • Listing Agent: Charlie A Watts II

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: 12/21/2024, 10:21:07 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

YEARPROP. TAXASSESSMENT
2021$907$174,400
2020$907$171,800
2019$893$174,400
2018$893$171,800
2017$893$171,800

History based on county public records data.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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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-809981
6
/10

  • Altavista Elementary School

  • 1003 Lynch Mill Rd

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-809982
8
/10

  • John L. Hurt Elementary School

  • 315 Prospect Rd

  • 3.96 miles

  • Public District Grades PK-5

school-card-donut-809983
5
/10

  • Yellow Branch Elementary School

  • 377 Dennis Riddle Dr

  • 8.61 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,526. Residents of Altavista, VA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Campbell County›Altavista›24517›2685 Dearing Ford Rd

This home is located at 2685 Dearing Ford Rd in Altavista, VA and zip code 24517. This home, which was built in 1968, sits on a 19.57 acre lot. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $1,200,000.

In November 2024, from all listings sold in Altavista, VA there were more than 0 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. The number of listings in Altavista, VA decreased by 13.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 75 days, the median list price was $190,500.

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

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