Charming single-family home located just minutes from downtown Lynchburg. With 3 spacious bedrooms, 1 refreshed bathroom, and approximately 1,200 square feet of main-level living space, this home is ideal for first-time buyers, downsizers, or investors. Enjoy the ease of off-street parking and a nicely sized backyardperfect for relaxing or entertaining. Inside, the home features a bright, functional layout with updated bathroom finishes and plenty of natural light throughout. The unfinished basement offers excellent potential, complete with roughed-in plumbingready for your future expansion or customization. Don't miss this opportunity to own a well-located home with room to add value in one of Lynchburg's most convenient neighborhoods!
Sold for $115,000
$115,000
1505 Wise St, Lynchburg, VA 24504
3beds
1,109sqft
Single Family Residence
Built in 1949
7,374 Square Feet Lot
$113,500 Zestimate®
$104/sqft
$1,353 Estimated rent
Home value
$113,500
$102,000 - $126,000
$1,353/mo
Zestimate® history
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$553/mo
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List your homeWhat's special
Updated bathroom finishesOff-street parkingBright functional layoutNicely sized backyardPlenty of natural light
Zillow last checked:
Listing updated:
Listed by:
Luther Maddy 434-337-0530 luther@luthermaddyrealestate.com,
Elite Realty
Bought with:
Luther Maddy, 0225248916
Elite Realty
Source: LMLS,MLS#: 362503
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Area: 153
- Dimensions: 17 x 9
Bedroom
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Area: 117
- Dimensions: 13 x 9
Bedroom 3
- Level: First
- Area: 110
- Dimensions: 11 x 10
Bedroom 4
- Area: 0
- Dimensions: 0 x 0
Bedroom 5
- Area: 0
- Dimensions: 0 x 0
Dining room
- Level: First
- Area: 168
- Dimensions: 14 x 12
Family room
- Area: 0
- Dimensions: 0 x 0
Great room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Level: First
- Area: 143
- Dimensions: 13 x 11
Living room
- Level: First
- Area: 165
- Dimensions: 15 x 11
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Forced Warm Air-Elec
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Refrigerator, Electric Water Heater
- Laundry: In Basement
Features
- Ceiling Fan(s), Drywall, Main Level Bedroom, Paneling, Separate Dining Room
- Flooring: Carpet, Hardwood, Vinyl
- Doors: Storm Door(s)
- Basement: Exterior Entry,Interior Entry,Bath/Stubbed
- Attic: Access
Interior area
- Total structure area: 1,109
- Total interior livable area: 1,109 sqft
- Finished area above ground: 1,109
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, Paved Drive
- Has uncovered spaces: Yes
Features
- Levels: One
Lot
- Size: 7,374 Square Feet
Details
- Parcel number: 02624016
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- Year built: 1949
Utilities & green energy
- Electric: AEP/Appalachian Powr
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Grace Street
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $116,000
- Annual tax amount: $592
- Date on market: 10/13/2025
- Cumulative days on market: 56 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Sold | $115,000-8%$104/sqft |
Source:  LMLS #362503 Report a problem | ||
| 12/9/2025 | Pending sale | $125,000$113/sqft |
Source: LMLS #362503 Report a problem | ||
| 10/30/2025 | Price change | $125,000-10.7%$113/sqft |
Source: LMLS #362503 Report a problem | ||
| 10/13/2025 | Listed for sale | $139,900+154.4%$126/sqft |
Source: LMLS #362503 Report a problem | ||
| 5/22/2019 | Sold | $55,000-8.2%$50/sqft |
Source: LMLS #317287 Report a problem | ||
| 3/19/2019 | Listed for sale | $59,900+399.2%$54/sqft |
Source: Keller Williams #317287 Report a problem | ||
| 9/27/2018 | Sold | $12,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $974 +64.6% | $116,000 +74.4% |
| 2024 | $592 | $66,500 |
| 2023 | $592 -8.7% | $66,500 +13.9% |
| 2022 | $648 | $58,400 |
| 2021 | $648 +21.4% | $58,400 +21.4% |
| 2020 | $534 | $48,100 |
| 2019 | $534 | $48,100 |
| 2018 | $534 | $48,100 |
| 2017 | $534 | $48,100 |
| 2016 | $534 | $48,100 +2.3% |
| 2015 | $534 +2.3% | $47,000 |
| 2014 | $522 | $47,000 |
| 2012 | -- | $47,000 |
| 2011 | -- | $47,000 |
| 2009 | -- | $47,000 +7.6% |
| 2008 | -- | $43,700 +4% |
| 2007 | -- | $42,000 |
| 2006 | -- | $42,000 |
| 2005 | -- | $42,000 +29.2% |
| 2004 | -- | $32,500 |
| 2003 | -- | $32,500 +0.3% |
| 2002 | -- | $32,400 |
| 2001 | -- | $32,400 |
Find assessor info on the county website
Neighborhood: 24504
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Nearby schools
GreatSchools rating
- 3/10Sheffield Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 1/10Sandusky Middle SchoolGrades: 6-8Distance: 3.4 mi
- 2/10Heritage High SchoolGrades: 9-12Distance: 4.4 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24504
- 1505 Wise St
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