407 Walnut St, Lynchburg, VA, 24504

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407 Walnut St, Lynchburg$115,000

Buyer Closing Credits

$1,366^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1892

HeatingForced Air

CoolingWindow Unit(s)

BasementYes

Fireplace3 Fireplaces, Decorative/Non-Op

MLS #355762

Lot Size0.26 Acres

StatusAccepting Backup Offers
(Actv 1st RghtofRefus)

About 407 Walnut St

Large 4 bedroom/2 bath, 2276 sqft home. Main level hard wood floors, Vinyl siding, replacement windows, updates to Electrical and Plumping-brand new hot water heater and Brand new Top roof! The Two lower roofs have were replaced a few years ago. Off street Parking! Great home or investment property. Currently rented for $1200/mo! Home can be main floor living and front porch has wheel chair ramp. Property being sold AS-IS.

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1892
• Stories: 2
• Living Area: 2,276 SqFt

Listing Office:

• Office Name: Dewitt Real Estate & Auction
• Listing Agent: Dan Hayden

Interior Features

Interior Information:

• Appliances: Dryer, Microwave, Refrigerator, Washer
• Basement: Yes
• Flooring Type: Hardwood, Laminate
• Interior: Main Level Bedroom, Dryer Connection, Laundry Room, Main Level, Washer Connections
• Fireplace: 3 Fireplaces, Decorative/Non-Op

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Exterior: Off-Street Parking, Porch, Front Porch, Garden Space, Storm Windows, Storm Doors, Insulated Glass, Ski Slope Nearby

Lot Features

Lot Information:

• Lot Size: 0.26 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Window Unit(s)

Other

Directions Information:

• Directions: Main Street right on To Walnut street. Home On Right

Price Information

Listing Price Info

Price Summary:

• List Price: $115,000
• Price Per SqFt: $51/SqFt

Tax Information:

• Annual Amount: $523
• 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 Walnut St vs Lynchburg

8 DAYS ON ROCKET

-22 Days

$115,000

-$165K Less

$51/SqFt

-$108 Less

KEY TAKEAWAY

This property is $165K less than the Median Sold Price and $108/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: #355762

Listing Office:

• Office Name: Dewitt Real Estate & Auction
• Listing Agent: Dan Hayden

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, 7:20:55 AM 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
Jun 04, 2018	Jun 04, 2018Home Sold	$52,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$523	$47,100
2019	$523	$47,100
2018	$523	$47,100
2017	$523	$47,100

History based on county public records data.

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**Disclosures

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

This home is located at 407 Walnut St in Lynchburg, VA and zip code 24504 in the White Rock Hill neighborhood. This 2,276 square foot home, which was built in 1892, sits on a 0.26 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $115,000.

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

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