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53 Riverside Dr, Lynchburg, VA, 24503

$499,900

Home List Price

$5,936*

Closing Credit

5 Bedrooms
3 Full Baths
2,138 SqFt
$234/SqFt
House

Location

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53 Riverside Dr, Lynchburg$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1941
HeatingHeat Pump
CoolingHeat Pump
BasementYes
ViewOther
MLS #354327
Lot Size0.51 Acres
StatusActive

About 53 Riverside Dr

Discover this beautifully updated home on a quiet dead-end road just off Rivermont Ave. Enjoy new electrical, plumbing, windows, roof, and siding, ensuring modern comfort and efficiency.The spacious concrete driveway and rocking chair front porch set the stage for a welcoming entry with vaulted ceilings and an open floor plan. The kitchen features soft-close cabinets and stainless steel appliances. Relax on the rear deck, an ideal space for entertaining guests. The primary bedroom features a walk-in closet and luxurious en-suite bathroom with a double vanity and tile flooring.The main level also includes a guest room, a full bath, and a built-in laundry room with a folding area. Upstairs, youll find three spacious rooms and another full bath, perfect for guest accommodations, a home office, or any other needs. With ample space and modern updates, this home offers both comfort and convenience. Dont miss out on this exceptional opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Story and a half
  • Year Built: 1941
  • Stories: 2
  • Living Area: 2,138 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl, Vinyl Plank
  • Interior: Cable Available, Ceiling Fan(s), Drywall, Main Level Bedroom, Primary Bed w/Bath, Pantry, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Deck, Off-Street Parking, Porch, Front Porch, Concrete Drive, Garden Space, Landscaped, Insulated Glass

Lot Features

Lot Information:

  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Rivermont Ave to Riverside Dr. Then take the next turn onto Riverside Dr and keep straight. Home on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $234/SqFt

Tax Information:

  • Annual Amount: $115
  • Tax Year: 2020
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Housing Market Comparison

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

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Lynchburg, VA

City

Med. Sold Price

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

53 Riverside Dr vs Lynchburg

51 DAYS ON ROCKET

+21 Days

$499,900

+$219.9K More

$234/SqFt

+$75 More

KEY TAKEAWAY

This property is $219.9K more than the Median Sold Price and $75/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: #354327

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: 11/5/2024, 9:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$115$41,500
2019$110$41,500
2018$438$39,500
2017$438$39,500

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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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.

Elementary School

school-card-donut-49879
5
/10

  • Paul Munro Elementary School

  • 4641 Locksview Rd

  • 2.11 miles

  • Public District Grades PK-5

Middle School

school-card-donut-49880
2
/10

  • Linkhorne Middle School

  • 2525 Linkhorne Dr

  • 2.23 miles

  • Public District Grades 6-8

High School

school-card-donut-49881
3
/10

  • E.C. Glass High School

  • 2111 Memorial Ave

  • 2.51 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,015. Residents of Lynchburg, VA typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 53 Riverside Dr

What is the listing price of this property?

The listing price of 53 Riverside Dr property is $499,900.

What type of property is this?

The property 53 Riverside Dr is a house located in Lynchburg, Virginia, 24503.

Is this property for sale now?

Active Listing: 53 Riverside Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 53 Riverside Dr are:
Paul Munro Elementary School: GreatSchools Rating 5/10
Linkhorne Middle School: GreatSchools Rating 2/10
E.C. Glass High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $115 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 53 Riverside Dr has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 53 Riverside Dr is 2,138 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 53 Riverside Dr is 1941.

Rocket Homes›Virginia›Lynchburg›24503›53 Riverside Dr

This home is located at 53 Riverside Dr in Lynchburg, VA and zip code 24503 in the Riverside neighborhood. This 2,138 square foot home, which was built in 1941, sits on a 0.51 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $499,900.

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 inventory of homes for sale in Lynchburg, VA between September 2024 and October 2024 decreased by 4.7%. 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.

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