3 months on rocket

802 Elmwood Ave, Lynchburg, VA, 34787

$98,000

0.20 Acres
Land

Location

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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.

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

$280K

Med. Price/SqFt

$158

Avg. Days On Market

30

# of Sold Homes

91

802 Elmwood Ave vs Lynchburg

97 DAYS ON ROCKET

+67 Days

$98,000

-$182K Less

KEY TAKEAWAY

This property is $182K 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: 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.

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-293289
6
/10
  • Dearington Elementary School

  • 210 Smyth St

  • 0.78 miles

  • Public Magnet Grades KG-5

school-card-donut-293290
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 1.51 miles

  • Public District Grades PK-5

school-card-donut-293291
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. The majority of Lynchburg, VA residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

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.

In October 2024, from all listings sold in Lynchburg, VA there were more than 24 sold above asking price, over 37 sold below and more than 30 were sold right at the asked price. 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.

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