4 months on rocket

802 Elmwood Ave, Lynchburg, VA, 34787

$98,000

0.20 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #354034
Lot Size0.20 Acres
StatusActive

About 802 Elmwood Ave

This wonderful lot is located in a newly developing residential area off Rivermont Ave. Approved for a basement to allow for larger builds. Centrally located, allowing for quick access to downtown Lynchburg and Boonsboro area. Just over 1 mile from Randolph College and just under 10 miles from Liberty University. Public utilities available. Selling Lot only. Photos of home are from a home plan that can be build on the lot Lot owner is willing to offer copy of these building plans to buyers.

Property Details

Property Features

Listing Office:

  • Office Name: Cornerstone Realty Group Inc
  • Office Phone: (434) 810-6732
  • Listing Agent: Angela J Cannizzaro

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Other

Directions Information:

  • Directions: Federal St. to Hollins Mill Rd. to left onto Bedford Ave. to left onto Magnolia St. to right onto Boston Ave. to left onto Elmwood Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $98,000
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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

802 Elmwood Ave vs Lynchburg

127 DAYS ON ROCKET

+99 Days

$98,000

-$183.1K Less

KEY TAKEAWAY

This property is $183.1K less than the Median Sold Price in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #354034

Listing Office:

  • Office Name: Cornerstone Realty Group Inc
  • Office Phone: (434) 810-6732
  • Listing Agent: Angela J Cannizzaro

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: 12/22/2024, 5:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$557

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$360

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NMLS#3030

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-879257
6
/10
  • Dearington Elementary School

  • 210 Smyth St

  • 0.78 miles

  • Public Magnet Grades KG-5

school-card-donut-879258
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 1.51 miles

  • Public District Grades PK-5

school-card-donut-879259
4
/10
  • Madison Heights Elementary School

  • 287 Learning Ln

  • 1.73 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,750. Typical income of Lynchburg, VA residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 802 Elmwood Ave

What is the listing price of this property?

The listing price of 802 Elmwood Ave property is $98,000.

What type of property is this?

The property 802 Elmwood Ave is land located in Lynchburg, Virginia, 34787.

Is this property for sale now?

Active Listing: 802 Elmwood Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 802 Elmwood Ave is 0.20 acres.
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Rocket HomesVirginiaLynchburg34787802 Elmwood Ave

This home is located at 802 Elmwood Ave in Lynchburg, VA and zip code 34787 in the Woodland neighborhood. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $98,000.

Lynchburg, VA housing market in November 2024 saw over 25 listings sold above listed price, more than 34 sold at listed price and over 44 sold below. In November 2024 in Lynchburg, VA there were 4.9% less homes for sale than in October 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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