611 8th St, Lynchburg, VA, 24504

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

611 8th St, Lynchburg$109,000

Buyer Closing Credits

$1,294^*

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 Built1885

HeatingBaseboard, Wood Stove

CoolingOther

FireplaceStove Insert, Wood Burning

ViewOther

MLS #356461

Lot Size0.08 Acres

StatusActive

About 611 8th St

Dont miss out on this spacious multifamily home! Its just a short walk to all the downtown restaurants, businesses and amenities. Although needing substantial work and sold as is, it has charm and offers a great return on your investment. Imagine restoring it to the original glory for your residence or rental income.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1885
• Stories: 2
• Living Area: 2,308 SqFt

Listing Office:

• Office Name: XRealty.net LLC
• Office Phone: (888) 838-9044
• Listing Agent: Norman S Domingo

Interior Features

Interior Information:

• Appliances: None
• Basement: No
• Flooring Type: Hardwood
• Interior: Ceiling Fan(s), Plaster, Separate Dining Room, Washer Connections
• Fireplace: Stove Insert, Wood Burning

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• View: Other
• Exterior: Other

Lot Features

Lot Information:

• Lot Size: 0.08 Acres

Utilities

Utilities Information:

• Heating: Baseboard, Wood Stove
• Cooling: Other

Other

Directions Information:

• Directions: Near intersection of Madison and Eighth Streets

Price Information

Listing Price Info

Price Summary:

• List Price: $109,000
• Price Per SqFt: $47/SqFt

Tax Information:

• Annual Amount: $394
• Tax Year: 2020

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

$280.7K

Med. Price/SqFt

$160

Avg. Days On Market

25

# of Sold Homes

96

611 8th St vs Lynchburg

2 DAYS ON ROCKET

-23 Days

$109,000

-$171.7K Less

$47/SqFt

-$114 Less

KEY TAKEAWAY

This property is $171.7K less than the Median Sold Price and $114/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: #356461

Listing Office:

• Office Name: XRealty.net LLC
• Office Phone: (888) 838-9044
• Listing Agent: Norman S Domingo

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 2025 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: 1/5/2025, 1:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Jun 04, 2021	Jun 04, 2021Home Sold	$20,000
Feb 08, 2021	Feb 08, 2021Home Sold	$15,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$394	$47,300
2019	$260	$47,300
2018	$521	$46,900
2017	$521	$46,900

History based on county public records data.

Payment Calculator

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

$612

Per Month

Principal & Interest

$545

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

$393

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›611 8th St

This home is located at 611 8th St in Lynchburg, VA and zip code 24504 in the College Hill neighborhood. This 2,308 square foot home, which was built in 1885, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $109,000.

In December 2024, from all listings sold in Lynchburg, VA there were more than 21 sold above asking price, over 40 sold below and more than 35 were sold right at the asked price. The number of listings in Lynchburg, VA decreased by 11% between November 2024 and December 2024. In December 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $280,738.

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