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Sold for $179,900
  • $179,900

    1416 Gates St, Lynchburg, VA 24502

    2beds
    934sqft
    Single Family Residence
    Built in 1954
    8,494 Square Feet Lot
    $175,100 Zestimate®
    $193/sqft
    $1,306 Estimated rent

    Home value

    $175,100

    $158,000 - $196,000

    $1,306/mo

    Zestimate® history
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    What's special

    Wood-burning fireplaceAbove-ground poolSpacious front porchHardwood floors
    Welcome home to 1416 Gates St. Charming 2-bedroom, 1-bath ranch home with classic appeal. This cozy home features beautiful hardwood floors throughout and a warm, inviting living room with wood-burning fireplace. Enjoy relaxing on the spacious front porch or entertaining in the backyard, complete with an above-ground pool. Perfect for first time home buyers or downsizing. Convenient to shopping, dining, University of Lynchburg and Liberty University.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kem E. Cobb 434-610-5548 Kem@KemCobb.com,

    Elite Realty

    Bought with:

    Allison Hogan, 0225270248

    Cornerstone Realty Group Inc.

    Brayden Hogan, 0225270307

    Cornerstone Realty Group Inc.

    Source: LMLS,MLS#: 357986MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 182
    • Dimensions: 14 x 13
    Bedroom
    • Dimensions: 0 x 0
    Bedroom 2
    • Level: First
    • Area: 110
    • Dimensions: 11 x 10
    Bedroom 3
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 4
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 5
    • Area: 0
    • Dimensions: 0 x 0
    Dining room
    • Area: 0
    • Dimensions: 0 x 0
    Family room
    • Area: 0
    • Dimensions: 0 x 0
    Great room
    • Area: 0
    • Dimensions: 0 x 0
    Kitchen
    • Level: First
    • Area: 90
    • Dimensions: 10 x 9
    Living room
    • Level: First
    • Area: 221
    • Dimensions: 17 x 13
    Office
    • Area: 0
    • Dimensions: 0 x 0
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Microwave, Electric Range, Electric Water Heater
    • Laundry: In Basement, Dryer Hookup, Washer Hookup
    Features
    • Ceiling Fan(s), Main Level Bedroom, Main Level Den
    • Flooring: Tile, Wood
    • Windows: Storm Window(s)
    • Basement: Full
    • Attic: Access
    • Number of fireplaces: 1
    • Fireplace features: 1 Fireplace, Gas Log, Leased Propane Tank
    Interior area
    • Total structure area: 934
    • Total interior livable area: 934 sqft
    • Finished area above ground: 934
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street
    • Has garage: Yes
    Features
    • Levels: One
    • Patio & porch: Front Porch
    • Exterior features: Garden
    • Pool features: Above Ground
    Lot
    • Size: 8,494 Square Feet
    Details
    • Parcel number: 05311022

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Stone
    • Roof: Shingle
    Condition
    • Year built: 1954

    Utilities & green energy

    • Electric: AEP/Appalachian Powr
    • Sewer: City
    • Water: City
    • Utilities for property: Cable Available, Cable Connections

    Community & HOA

    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $193/sqft
    • Tax assessed value: $164,400
    • Annual tax amount: $1,217
    • Date on market: 3/25/2025
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    6/3/2025Sold$179,900$193/sqft
    Source: LMLS #357986 Report a problem
    3/27/2025Pending sale$179,900$193/sqft
    Source: LMLS #357986 Report a problem
    3/25/2025Listed for sale$179,900+56.4%$193/sqft
    Source: LMLS #357986 Report a problem
    5/17/2019Sold$115,000$123/sqft
    Source: LMLS #317942 Report a problem
    4/12/2019Listed for sale$115,000+23.8%$123/sqft
    Source: The Real Estate Advantage #317942 Report a problem
    1/22/2011Listing removed$92,900$99/sqft
    Source: Weichert, Realtors? - T.Y. Associates #259344 Report a problem
    5/1/2010Listed for sale$92,900+14.7%$99/sqft
    Source: Weichert, Realtors? - T.Y. Associates #259344 Report a problem
    4/11/2005Sold$81,000+12.7%$87/sqft
    Source: LMLS #214924 Report a problem
    7/31/2003Sold$71,900$77/sqft
    Source: LMLS #205692 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,381 +13.5%$164,400 +20.3%
    2024$1,217 $136,700
    2023$1,217 -2.2%$136,700 +21.9%
    2022$1,244 $112,100
    2021$1,244 +13.3%$112,100 +13.3%
    2020$1,098 $98,900
    2019$1,098 +3.2%$98,900 +3.2%
    2018$1,063 $95,800
    2017$1,063 $95,800
    2016$1,063 $95,800
    2015$1,063 $95,800
    2014$1,063 $95,800
    2012-- $95,800
    2011-- $95,800
    2009-- $95,800 +19.2%
    2008-- $80,400 +3.6%
    2007-- $77,600
    2006-- $77,600
    2005-- $77,600 +24.2%
    2004-- $62,500
    2003-- $62,500 +5%
    2002-- $59,500
    2001-- $59,500
    Find assessor info on the county website

    Neighborhood: 24502

    Nearby schools

    GreatSchools rating
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