703 Hancock St, Lynchburg, VA, 24504

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703 Hancock St, Lynchburg$49,900

Buyer Closing Credits

$593^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1890

HeatingNone

CoolingNone

BasementYes

Fireplace1 Fireplace

ViewOther

MLS #353124

Lot Size0.08 Acres

StatusActive

About 703 Hancock St

Looking for your next flip?? Well then youve found your diamond in the rough. Fabulous location near booming downtown Lynchburg. This 3 bed / 2 bath home is a blank slate with over 1,500sqft of endless possibilities. This opportunity is for seasoned investors as it will take extensive knowledge of renovations. Just to sweeten the deal new windows and a retaining wall have already been installed. Will not qualify for loans. Serious cash buyers only!

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1890
• Stories: 2
• Living Area: 1,524 SqFt

Listing Office:

• Office Name: Keller Williams
• Office Phone: (434) 534-9113
• Listing Agent: Jamey Parks

Interior Features

Interior Information:

• Appliances: None
• Basement: Yes
• Flooring Type: Other
• Interior: Cable Available, Ceiling Fan(s), Basement, Dryer Connection, Washer Connections
• Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• View: Other
• Exterior: Front Porch, Side Porch, Garden Space, Landscaped, Storm Doors, Insulated Glass

Lot Features

Lot Information:

• Lot Size: 0.08 Acres

Utilities

Utilities Information:

• Heating: None
• Cooling: None

School Info

Assigned Schools Information:

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

Other

Directions Information:

• Directions: From Rivermont Ave turn onto and across D Street Bridge, Left on Hancock, home on the left.

Price Information

Listing Price Info

Price Summary:

• List Price: $49,900
• Price Per SqFt: $33/SqFt

Tax Information:

• Annual Amount: $75
• 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

703 Hancock St vs Lynchburg

133 DAYS ON ROCKET

+103 Days

$49,900

-$230.1K Less

$33/SqFt

-$126 Less

KEY TAKEAWAY

This property is $230.1K less than the Median Sold Price and $126/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: #353124

Listing Office:

• Office Name: Keller Williams
• Office Phone: (434) 534-9113
• Listing Agent: Jamey Parks

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	$75	$26,900
2019	$148	$26,900
2018	$296	$26,700
2017	$296	$26,700

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›703 Hancock St

This home is located at 703 Hancock St in Lynchburg, VA and zip code 24504 in the Daniel's Hill neighborhood. This 1,524 square foot home, which was built in 1890, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $49,900.

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. 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.