407 Amherst St, Lynchburg, VA, 24504

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407 Amherst St, Lynchburg$120,000

Buyer Closing Credits

$1,425^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1905

HeatingDuctless

CoolingZoned

BasementYes

ViewOther

MLS #354595

Lot Size0.12 Acres

StatusActive

About 407 Amherst St

Great investment opportunity in downtown Lynchburg! Main level features primary bedroom with half bath en-suite. Spacious living room with stairs that lead you downstairs to an additional two bedrooms with a full bath. Home has many recent updates including new gutters, mini split HVAC system, and electrical panel upgrade.

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Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 1905
• Stories: 1
• Living Area: 1,060 SqFt

Listing Office:

• Office Name: Cornerstone Realty Group Inc
• Office Phone: (434) 810-6732
• Listing Agent: Schyler C Higgins

Interior Features

Interior Information:

• Appliances: Electric Range, Refrigerator
• Basement: Yes
• Flooring Type: Carpet, Tile, Vinyl
• Interior: Ceiling Fan(s), Main Level Bedroom, Smoke Alarm, Basement, Laundry Room, Separate Laundry Rm., Washer Connections

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Other
• Exterior: Front Porch, Fenced Yard, Garden Space, Landscaped

Lot Features

Lot Information:

• Lot Size: 0.12 Acres

Utilities

Utilities Information:

• Heating: Ductless
• Cooling: Zoned

Other

Directions Information:

• Directions: From Rivermont Ave. turn onto Bedford Avenue and then make a left onto Amherst Street. Home is on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $120,000
• Price Per SqFt: $113/SqFt

Tax Information:

• Annual Amount: $276
• 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

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

407 Amherst St vs Lynchburg

71 DAYS ON ROCKET

+41 Days

$120,000

-$160K Less

$113/SqFt

-$46 Less

KEY TAKEAWAY

This property is $160K less than the Median Sold Price and $46/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: #354595

Listing Office:

• Office Name: Cornerstone Realty Group Inc
• Office Phone: (434) 810-6732
• Listing Agent: Schyler C Higgins

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: 11/23/2024, 10:20:56 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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$276	$22,200
2019	$246	$22,200
2018	$246	$22,200
2017	$246	$22,200

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›407 Amherst St

This home is located at 407 Amherst St in Lynchburg, VA and zip code 24504 in the Daniel's Hill neighborhood. This 1,060 square foot home, which was built in 1905, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $120,000.

While more than 24 listings in Lynchburg, VA in October 2024 were sold above asking price, there were more than 30 listings sold at asking price, and more than 37 were sold below. The number of listings in Lynchburg, VA decreased by 4.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $280,000, while the average time on the real estate market was 30 days.

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