500 Amherst St, Lynchburg, VA, 24504

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500 Amherst St, Lynchburg$100,000

Buyer Closing Credits

$1,188^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1890

HeatingForced Air

CoolingWindow Unit(s)

BasementYes

FireplaceStove Insert

ViewOther

MLS #354439

Lot Size0.15 Acres

StatusActive

About 500 Amherst St

Attention Investors! Discover a diamond in the rough with this 3 bed, 2 bath investment property. This home offers spacious living areas and a layout ready for customization. The bonus room on the upper level was previously a second kitchen. Conveniently located near Downtown Lynchburg, restaurants, shopping, RT 29, RT 460, and more. Home is being sold As-Is. Vacant lot to the right of the home (504 Amherst St.) is also for sale and can be included with a reasonable offer. Zoned R-3. Schedule your showing today!

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1890
• Stories: 2
• Living Area: 1,854 SqFt

Listing Office:

• Office Name: Keller Williams
• Office Phone: (434) 534-9113
• Listing Agent: Kaylin N Moore

Interior Features

Interior Information:

• Appliances: None
• Basement: Yes
• Flooring Type: Laminate, Wood, Other
• Interior: Other, Main Level
• Fireplace: Stove Insert

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Other
• Exterior: Other

Lot Features

Lot Information:

• Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

• E.C. Glass High School, Public District Grades 9-12
• Linkhorne Middle School, Public District Grades 6-8
• Bedford Hills Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: From Rivermont Ave., turn right onto Cabell St. Turn left at the 1st cross street onto Amherst St. Home will be on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $100,000
• Price Per SqFt: $54/SqFt

Tax Information:

• Annual Amount: $142
• 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

500 Amherst St vs Lynchburg

62 DAYS ON ROCKET

+32 Days

$100,000

-$180K Less

$54/SqFt

-$105 Less

KEY TAKEAWAY

This property is $180K less than the Median Sold Price and $105/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: #354439

Listing Office:

• Office Name: Keller Williams
• Office Phone: (434) 534-9113
• Listing Agent: Kaylin N Moore

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: 11/5/2024, 2:20:55 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	$142	$51,000
2019	$556	$51,000
2018	$556	$50,100
2017	$556	$50,100

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›500 Amherst St

This home is located at 500 Amherst St in Lynchburg, VA and zip code 24504 in the Daniel's Hill neighborhood. This 1,854 square foot home, which was built in 1890, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $100,000.

In October 2024, from all listings sold in Lynchburg, VA there were more than 24 sold above asking price, over 37 sold below and more than 30 were sold right at the asked price. Between September 2024 and October 2024, Lynchburg, VA real estate market has seen decrease in the number of listings by 4.7%. In October 2024 median list price was $280,000 and the average listing age was 30 days.

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