406 Newberne St, Lynchburg, VA, 24501

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406 Newberne St, Lynchburg$189,000

Buyer Closing Credits

$2,244^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1920

HeatingHeat Pump

CoolingHeat Pump

BasementYes

Fireplace1 Fireplace

MLS #355002

Lot Size0.14 Acres

StatusActive

About 406 Newberne St

Great starter home or investment property. Cute 2 bedroom home with nice yard and large front porch. Close to Lynchburg College, shopping and restaurants. Street parking with additional parking in back of house

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Property Details

Property Features

Property Information:

• Architectural Style: Bungalow
• Year Built: 1920
• Stories: 2
• Living Area: 1,109 SqFt

Listing Office:

• Office Name: Re/Max Lakefront Realty
• Office Phone: (540) 721-3555
• Listing Agent: Debra Gatto

Interior Features

Interior Information:

• Appliances: Dryer, Electric Range, Refrigerator, Washer
• Basement: Yes
• Flooring Type: Ceramic Tile, Hardwood
• Interior: Ceiling Fan(s), Main Level Bedroom, Main Level
• Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Exterior: Porch, Fenced Yard, Garden Space

Lot Features

Lot Information:

• Lot Size: 0.14 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Heat Pump

Other

Directions Information:

• Directions: From Fort Avenue take Perrymont Ave to Thomas Rd to Newberne St

Price Information

Listing Price Info

Price Summary:

• List Price: $189,000
• Price Per SqFt: $170/SqFt

Tax Information:

• Annual Amount: $985
• 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

$281.1K

Med. Price/SqFt

$159

Avg. Days On Market

28

# of Sold Homes

103

406 Newberne St vs Lynchburg

75 DAYS ON ROCKET

+47 Days

$189,000

-$92.1K Less

$170/SqFt

+$10 More

KEY TAKEAWAY

This property is $92.1K less than the Median Sold Price and $10/SqFt more than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Lynchburg
• MLS Number: #355002

Listing Office:

• Office Name: Re/Max Lakefront Realty
• Office Phone: (540) 721-3555
• Listing Agent: Debra Gatto

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, 11:56:03 PM 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

Listing History

DATE	EVENT	PRICE
Mar 15, 2012	Mar 15, 2012Home Sold	$92,000
Jul 30, 2007	Jul 30, 2007Home Sold	$55,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$985	$88,700
2019	$940	$88,700
2018	$940	$84,700
2017	$940	$84,700

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›406 Newberne St

This home is located at 406 Newberne St in Lynchburg, VA and zip code 24501 in the Westend neighborhood. This 1,109 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $189,000.

In November 2024, from all listings sold in Lynchburg, VA there were more than 25 sold above asking price, over 44 sold below and more than 34 were sold right at the asked price. The number of listings in Lynchburg, VA decreased by 4.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $281,126, while the average time on the real estate market was 28 days.

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