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850 Rivermont Ave, Lynchburg, VA, 24504

$109,900

Home List Price

$1,305*

Closing Credit

3 Bedrooms
1 Full Bath
1,440 SqFt
$76/SqFt
House

Location

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850 Rivermont Ave, Lynchburg$109,900

Buyer Closing Credits

$1,305*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1905
HeatingDuctless
CoolingZoned
BasementYes
FireplaceDecorative/Non-Op
MLS #355925
Lot Size0.10 Acres
StatusActive

About 850 Rivermont Ave

Hidden jewel inside! 3 bed 1 bath home that has new plumbing, updated electrical, new paint, updated appliances, mini split HVAC and a new kitchen. The hard stuff is done! The third bedroom could be used as a dining room but there is a bar to eat at in the kitchen. Farmhouse type sink and butcher block countertops make the kitchen shine. GLTC bus stop is close and you are only a mile from downtown. Add some elbow grease to finish this home to be your gem.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1905
  • Stories: 2
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: John Stewart Walker, Inc
  • Office Phone: (434) 385-6655
  • Listing Agent: Jimmy Miller

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Cable Available, High Speed Data Aval, Main Level Bedroom, Basement
  • Fireplace: Decorative/Non-Op

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Front Porch, Rear Porch

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Ductless
  • Cooling: Zoned

Other

Directions Information:

  • Directions: From Lynchburg take Rivermont to the intersection of Victoria.

Price Information

Listing Price Info

Price Summary:

  • List Price: $109,900
  • Price Per SqFt: $76/SqFt

Tax Information:

  • Annual Amount: $397
  • Tax Year: 2020
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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

850 Rivermont Ave vs Lynchburg

1 DAY ON ROCKET

-29 Days

$109,900

-$170.1K Less

$76/SqFt

-$83 Less

KEY TAKEAWAY

This property is $170.1K less than the Median Sold Price and $83/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: #355925

Listing Office:

  • Office Name: John Stewart Walker, Inc
  • Office Phone: (434) 385-6655
  • Listing Agent: Jimmy Miller

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: 11/23/2024, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 25, 2021Home Sold
$42,000
May 15, 2018Home Sold
$35,000
Apr 03, 2017Home Sold
$34,000

Tax History

YEARPROP. TAXASSESSMENT
2020$397$51,600
2019$588$51,600
2018$588$53,000
2017$588$53,000

History based on county public records data.

Payment Calculator

$616

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

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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-962908
6
/10
  • Dearington Elementary School

  • 210 Smyth St

  • 1.01 miles

  • Public Magnet Grades KG-5

school-card-donut-962909
4
/10
  • Madison Heights Elementary School

  • 287 Learning Ln

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-962910
2
/10
  • R. S. Payne Elementary School

  • 1201 Floyd St

  • 1.38 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,000. The majority of Lynchburg, VA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 850 Rivermont Ave

What is the listing price of this property?

The listing price of 850 Rivermont Ave property is $109,900.

What type of property is this?

The property 850 Rivermont Ave is a house located in Lynchburg, Virginia, 24504.

Is this property for sale now?

Active Listing: 850 Rivermont Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $397 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 25, 2021 for $42,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 850 Rivermont Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 850 Rivermont Ave is 1,440 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 850 Rivermont Ave is 1905.

Rocket Homes›Virginia›Lynchburg›24504›850 Rivermont Ave

This home is located at 850 Rivermont Ave in Lynchburg, VA and zip code 24504 in the Daniel's Hill neighborhood. This 1,440 square foot home, which was built in 1905, sits on a 0.10 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $109,900.

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. In October 2024 in Lynchburg, VA there were 4.7% less homes for sale than in September 2024. While the average time on the market in October 2024 was 30 days, the median list price was $280,000.

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

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