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314 Bay St, Lynchburg, VA, 24501

$119,900

Home List Price

$1,424*

Closing Credit

2 Bedrooms
1 Full Bath
868 SqFt
$138/SqFt
House

Location

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314 Bay St, Lynchburg$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1917
HeatingHeat Pump
CoolingHeat Pump, Zoned
MLS #354550
Lot Size0.10 Acres
StatusActive

About 314 Bay St

Charming one-story home in Lynchburg, featuring 2 bedrooms and 1 bathroom. Enjoy modern updates with a freshly renovated kitchen, complete with new countertops, cabinets, and appliances. The bathroom boasts a stylish new vanity and toilet. The entire interior has been freshly painted, creating a bright and welcoming atmosphere. Perfect for comfortable, low-maintenance living.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1917
  • Stories: 1
  • Living Area: 868 SqFt

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (434) 534-9113
  • Listing Agent: Stacy Powell

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator
  • Basement: No
  • Flooring Type: Hardwood, Vinyl Plank
  • Interior: Cable Available, Main Level Bedroom, Dryer Connection, Washer Connections

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Garden Space

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump, Zoned

School Info

Assigned Schools Information:

  • E.C. Glass High School, Public District Grades 9-12
  • Paul Laurence Dunbar Middle For Innovation, Public Magnet Grades 6-8
  • T.C. Miller Elementary For Innovation, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: Memorial Ave to Bay Street (Beside Subway)

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $138/SqFt

Tax Information:

  • Annual Amount: $116
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$279.3K

Med. Price/SqFt

$158

Avg. Days On Market

29

# of Sold Homes

122

314 Bay St vs Lynchburg

7 DAYS ON ROCKET

-22 Days

$119,900

-$159.4K Less

$138/SqFt

-$20 Less

KEY TAKEAWAY

This property is $159.4K 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: #354550

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (434) 534-9113
  • 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: 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.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$116$41,700
2019$463$41,700
2018$463$41,700
2017$463$41,700

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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.

Elementary School

school-card-donut-162328
3
/10
  • T.C. Miller Elementary For Innovation

  • 600 Mansfield Ave

  • 0.36 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-162329
4
/10
  • Paul Laurence Dunbar Middle For Innovation

  • 1200 Polk St # 1208

  • 1.34 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-162330
3
/10
  • E.C. Glass High School

  • 2111 Memorial Ave

  • 0.39 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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 314 Bay St

What is the listing price of this property?

The listing price of 314 Bay St property is $119,900.

What type of property is this?

The property 314 Bay St is a house located in Lynchburg, Virginia, 24501.

Is this property for sale now?

Active Listing: 314 Bay St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 314 Bay St are:
T.C. Miller Elementary For Innovation: GreatSchools Rating 3/10
Paul Laurence Dunbar Middle For Innovation: GreatSchools Rating 4/10
E.C. Glass High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $116 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 314 Bay St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 314 Bay St is 868 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 314 Bay St is 1917.

Rocket HomesVirginiaLynchburg24501314 Bay St

This home is located at 314 Bay St in Lynchburg, VA and zip code 24501 in the Westend neighborhood. This 868 square foot home, which was built in 1917, sits on a 0.10 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $119,900.

While more than 27 listings in Lynchburg, VA in August 2024 were sold above asking price, there were more than 49 listings sold at asking price, and more than 46 were sold below. The inventory of homes for sale in Lynchburg, VA between July 2024 and August 2024 decreased by 6%. The median list price of listings available in August 2024 was $279,385, while the average time on the real estate market was 29 days.

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

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