86 Federal St, Lynchburg, VA, 24504

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86 Federal St, Lynchburg$60,000

Buyer Closing Credits

$713^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1885

HeatingForced Air, Other

CoolingWindow Unit(s), None

BasementYes

ViewOther

MLS #354152

Lot Size0.14 Acres

StatusActive

About 86 Federal St

Investor special on the market! Two homes on Federal Street ready to be renovated! Home is being sold As-Is. Come see the potential for yourself!

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Property Details

Property Features

Property Information:

• Architectural Style: Two Story
• Year Built: 1885
• Stories: 2
• Living Area: 1,575 SqFt

Listing Office:

• Office Name: Keller Williams
• Office Phone: (434) 534-9113
• Listing Agent: Stephen J Acree

Interior Features

Interior Information:

• Appliances: None
• Basement: Yes
• Flooring Type: Hardwood
• Interior: Other, None

Bedroom and Bathroom Information:

• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• View: Other
• Exterior: Other

Lot Features

Lot Information:

• Lot Size: 0.14 Acres

Utilities

Utilities Information:

• Heating: Forced Air, Other
• Cooling: Window Unit(s), None

Other

Directions Information:

• Directions: 5th St to round about, first exit on to federal, home is on the right

Price Information

Listing Price Info

Price Summary:

• List Price: $60,000
• Price Per SqFt: $38/SqFt

Tax Information:

• Annual Amount: $272
• 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

$281.1K

Med. Price/SqFt

$159

Avg. Days On Market

28

# of Sold Homes

103

86 Federal St vs Lynchburg

124 DAYS ON ROCKET

+96 Days

$60,000

-$221.1K Less

$38/SqFt

-$122 Less

KEY TAKEAWAY

This property is $221.1K less than the Median Sold Price and $122/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: #354152

Listing Office:

• Office Name: Keller Williams
• Office Phone: (434) 534-9113
• Listing Agent: Stephen J Acree

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, 2:21:02 AM 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
Jan 04, 2019	Jan 04, 2019Home Sold	$40,000
Jan 22, 2018	Jan 22, 2018Home Sold	$15,200

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$272	$24,500
2019	$91	$24,500
2018	$363	$32,700
2017	$363	$32,700

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Lynchburg›24504›86 Federal St

This home is located at 86 Federal St in Lynchburg, VA and zip code 24504 in the Tinbridge Hill neighborhood. This 1,575 square foot home, which was built in 1885, sits on a 0.14 acre lot. Features: 3 bedrooms. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $60,000.

Over 25 listings were sold over their listed price in November 2024 in Lynchburg, VA. In the same period over 44 listings were sold below the listed price and 34 listings were sold for the listed price. The number of listings in Lynchburg, VA decreased by 4.9% between October 2024 and November 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.