408 Newberne, Lynchburg, VA, 24501

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

408 Newberne, Lynchburg$189,900

Buyer Closing Credits

$2,255^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1920

HeatingForced Air

CoolingCentral Air

BasementYes

Fireplace1 Fireplace

MLS #355193

Lot Size0.14 Acres

StatusActive

About 408 Newberne

Spacious home with amazing charm and original hardwood floors in the Lynchburg College area. Very convenient to Wards Rd, shopping, dining, and Liberty University. Huge rooms throughout. This home welcomes you with a large front porch perfect for relaxation and level front yard. Grand entry foyer with staircase, large living room, kitchen with great room, 1/2 bath, and separate laundry room on first level. Kitchen has been updated and comes with stainless appliances. Upstairs there are 3 spacious bedrooms and a full bath. Outside youll find a patio and a beautiful private backyard. Private off-street parking and bonus storage shed located in the rear of the home.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1920
• Stories: 2
• Living Area: 1,553 SqFt

Listing Office:

• Office Name: Brownstone Properties
• Office Phone: (434) 385-1025
• Listing Agent: Nicole Gooding

Interior Features

Interior Information:

• Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
• Basement: Yes
• Flooring Type: Hardwood, Laminate
• Interior: Cable Connections, Ceiling Fan(s), Smoke Alarm, Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
• Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

• Exterior: Off-Street Parking, Patio, Porch, Garden Space

Lot Features

Lot Information:

• Lot Size: 0.14 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air

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: $189,900
• Price Per SqFt: $122/SqFt

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

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

408 Newberne vs Lynchburg

40 DAYS ON ROCKET

+10 Days

$189,900

-$90.1K Less

$122/SqFt

-$37 Less

KEY TAKEAWAY

This property is $90.1K less than the Median Sold Price and $37/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: #355193

Listing Office:

• Office Name: Brownstone Properties
• Office Phone: (434) 385-1025
• Listing Agent: Nicole Gooding

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, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,015

Per Month

Principal & Interest

$948

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$636

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Virginia›Lynchburg›24501›408 Newberne

This home is located at 408 Newberne in Lynchburg, VA and zip code 24501 in the Westend neighborhood. This 1,553 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $189,900.

Over 24 listings were sold over their listed price in October 2024 in Lynchburg, VA. In the same period over 37 listings were sold below the listed price and 30 listings were sold for the listed price. In October 2024 in Lynchburg, VA there were 4.7% less homes for sale than in September 2024. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $280,000.

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