909 Elmwood Ave, Lynchburg, VA, 24503

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

909 Elmwood Ave, Lynchburg$699,000

Buyer Closing Credits

$8,301^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built2024

HeatingHeat Pump, Zoned

CoolingHeat Pump, Zoned

BasementYes

Fireplace1 Fireplace, Gas Log, Leased Propane Tank

ViewOther

MLS #355862

Lot Size0.24 Acres

StatusActive

About 909 Elmwood Ave

Lynchburgs newest community in the heart of the 03! Steps away from the incredible Blackwater Creek Trail! One of the most Popular trails in the city. Following along the winding Blackwater Creek and built along an abandon railway, this 3 mile paved trail is perfect for jogging, walking, or biking. This upscale community offers convenience to Rivermont Ave shopping and dining district! This custom home offers 8 foot interior doors, cathedral ceilings, Primary first floor suite, open floor plan, 2nd floor bonus room! 5 bedrooms 4.5 baths over 3500 sq ft. Complete brick exterior with covered back deck area! Come see this new Construction by Sage Construction and other new builts located in The Exclusive Blackwater Run Subdivision!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Colonial, Two Story
• Year Built: 2024
• Stories: 2
• Living Area: 3,522 SqFt

Listing Office:

• Office Name: Lauren Bell Real Estate, Inc.
• Office Phone: (434) 384-1010
• Listing Agent: Marty Donovan

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Microwave, Gas Range, Refrigerator, Wine Cooler
• Basement: Yes
• Flooring Type: Ceramic Tile, Vinyl Plank
• Interior: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Garden Tub, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Pantry, Tile Bath(s), Walk-In Closet(s), Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
• Fireplace: 1 Fireplace, Gas Log, Leased Propane Tank

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 4
• Total Bedroom Count: 5

Exterior Features

Exterior Information:

• View: Other
• Exterior: Deck, Off-Street Parking, Concrete Drive, Garden Space, Landscaped, Insulated Glass

Lot Features

Lot Information:

• Lot Size: 0.24 Acres

Utilities

Utilities Information:

• Heating: Heat Pump, Zoned
• Cooling: Heat Pump, Zoned

Other

Directions Information:

• Directions: From Rivermont Ave turn onto Elmwood Ave. Follow Avenue all the back to the community entrance.

Price Information

Listing Price Info

Price Summary:

• List Price: $699,000
• Price Per SqFt: $198/SqFt

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

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

909 Elmwood Ave vs Lynchburg

2 DAYS ON ROCKET

-28 Days

$699,000

+$419K More

$198/SqFt

+$39 More

KEY TAKEAWAY

This property is $419K more than the Median Sold Price and $39/SqFt more than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Lynchburg
• MLS Number: #355862

Listing Office:

• Office Name: Lauren Bell Real Estate, Inc.
• Office Phone: (434) 384-1010
• Listing Agent: Marty Donovan

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, 4:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

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

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$3,556

Per Month

Principal & Interest

$3,489

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Virginia›Lynchburg›24503›909 Elmwood Ave

This home is located at 909 Elmwood Ave in Lynchburg, VA and zip code 24503 in the Woodland neighborhood. This 3,522 square foot home, which was built in 2024, sits on a 0.24 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $699,000.

Over 24 listings were sold over their listed price in October 2024 in Lynchburg, VA. In the same period over 37 listings were sold below the listed price and 30 listings were sold for the listed price. The inventory of homes for sale in Lynchburg, VA between September 2024 and October 2024 decreased by 4.7%. In October 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $280,000.

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