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511 Arrowhead Dr, Lynchburg, VA, 24502

$369,900

Home List Price

$4,393*

Closing Credit

4 Bedrooms
3 Full Baths
2,287 SqFt
$162/SqFt
House

Location

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511 Arrowhead Dr, Lynchburg$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1971
HeatingForced Air
CoolingCentral Air
BasementYes
Fireplace1 Fireplace, Den, Wood Burning
MLS #355229
Lot Size0.40 Acres
StatusActive

About 511 Arrowhead Dr

***Price Improvement*** Welcome to 511 Arrowhead Drive, nestled in the desirable Belmont Acres neighborhood of Lynchburg, VA, in the Brookville school district. This completely renovated home is a gem, featuring modern updates including a new roof and septic system. Inside, youll find 4 spacious bedrooms, 3 full baths, a renovated kitchen with Quartz countertops, fully renovated bathrooms, and luxury vinyl flooring throughout home. Outdoors, the home sits on a generous lot with ample room for outdoor activities, offering privacy and tranquility. The paved driveway provides plenty of parking space, and the serene cul-de-sac location ensures minimal traffic. This home is ready for you to move in and make it your own! Dont miss this opportunity to be part of the welcoming Belmont Acres community. Owner/Agent

Property Details

Property Features

Property Information:

  • Architectural Style: Split Foyer
  • Year Built: 1971
  • Living Area: 2,287 SqFt

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Lisa Frontus

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl Plank
  • Interior: Ceiling Fan(s), Primary Bed w/Bath, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Basement
  • Fireplace: 1 Fireplace, Den, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Concrete Drive

Lot Features

Lot Information:

  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Timberlake Rd. Turn onto Whitestone Dr. Then turn right onto Arrowhead Dr. Property towards end of Cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $162/SqFt

Tax Information:

  • Annual Amount: $950
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lynchburg, VA.

Med. Sold Price

$281.1K

Med. Price/SqFt

$159

Avg. Days On Market

28

# of Sold Homes

103

511 Arrowhead Dr vs Lynchburg

47 DAYS ON ROCKET

+19 Days

$369,900

+$88.7K More

$162/SqFt

+$2 More

KEY TAKEAWAY

This property is $88.7K more than the Median Sold Price and $2/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: #355229

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Lisa Frontus

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: 12/3/2024, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 19, 2019Home Sold
$208,900
Aug 27, 2013Home Sold
$178,000

Tax History

YEARPROP. TAXASSESSMENT
2021$950$182,700
2020$950$174,000
2019$905$182,700
2018$905$174,000
2017$905$174,000

History based on county public records data.

Payment Calculator

$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3515381
6
/10
  • Tomahawk Elementary School

  • 155 Bee Dr

  • 1.61 miles

  • Public District Grades PK-5

school-card-donut-3515382
6
/10
  • Leesville Road Elementary School

  • 25 Lewis Way

  • 1.65 miles

  • Public District Grades PK-5

school-card-donut-3515383
8
/10
  • Thomas Jefferson Elementary School

  • 1255 Patriot Pl

  • 3.25 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,780. The majority of Lynchburg, VA residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 Arrowhead Dr

What is the listing price of this property?

The listing price of 511 Arrowhead Dr property is $369,900.

What type of property is this?

The property 511 Arrowhead Dr is a house located in Lynchburg, Virginia, 24502.

Is this property for sale now?

Active Listing: 511 Arrowhead Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $950 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 19, 2019 for $208,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 511 Arrowhead Dr has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 511 Arrowhead Dr is 2,287 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Arrowhead Dr is 1971.

Rocket HomesVirginiaLynchburg24502511 Arrowhead Dr

This home is located at 511 Arrowhead Dr in Lynchburg, VA and zip code 24502. This 2,287 square foot home, which was built in 1971, sits on a 0.40 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $369,900.

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.

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