623 Monroe St, Lynchburg, VA, 24504

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623 Monroe St, Lynchburg$200,000

Buyer Closing Credits

$2,375^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1880

HeatingHeat Pump

CoolingCentral Air

BasementYes

MLS #354977

Lot Size0.06 Acres

StatusActive

About 623 Monroe St

This casita bonita has had a full makeover renovation and is ready for its next owner to make this house a home! Located in a convenient location near all downtown Lynchburg amenities. This three bed, 2 1/2 Bath would make a great BnB, rental/investment, first-time home, or fabulous college student abode! Opportunities abound, so come schedule a showing, and come around this part of town!

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1880
• Stories: 2
• Living Area: 1,536 SqFt

Listing Office:

• Office Name: T.Y. Realty Incorporated
• Office Phone: (434) 534-8515
• Listing Agent: Salina M Khanna

Interior Features

Interior Information:

• Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
• Basement: Yes
• Flooring Type: Carpet, Vinyl
• Interior: Ceiling Fan(s), Drywall, Tile Bath(s), Basement, Dryer Connection, Laundry Closet, Main Level, Washer Connections

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Front Porch

Lot Features

Lot Information:

• Lot Size: 0.06 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Central Air

Other

Directions Information:

• Directions: Take Park Ave or 12th. Street to Monroe!

Price Information

Listing Price Info

Price Summary:

• List Price: $200,000
• Price Per SqFt: $130/SqFt

Tax Information:

• Annual Amount: $565
• 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

623 Monroe St vs Lynchburg

48 DAYS ON ROCKET

+18 Days

$200,000

-$80K Less

$130/SqFt

-$29 Less

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $29/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: #354977

Listing Office:

• Office Name: T.Y. Realty Incorporated
• Office Phone: (434) 534-8515
• Listing Agent: Salina M Khanna

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: 11/21/2024, 12:20:55 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

Listing History

DATE	EVENT	PRICE
Sep 27, 2018	Sep 27, 2018Home Sold	$13,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$565	$50,900
2019	$263	$50,900
2018	$351	$31,600
2017	$351	$31,600

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›623 Monroe St

This home is located at 623 Monroe St in Lynchburg, VA and zip code 24504 in the College Hill neighborhood. This 1,536 square foot home, which was built in 1880, sits on a 0.06 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $200,000.

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. 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, 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.