This beautifully remodeled 1-bedroom, 1-bathroom home is bursting with charm and modern upgrades, making it an excellent choice for first-time buyers, those looking to downsize, or as a lucrative investment opportunity. Inside, you'll find a bright, welcoming space with an updated kitchen featuring sleek countertops, new stainless steel appliances, and plenty of cabinetry space. The open layout creates a seamless flow between the living and dining areas, perfect for everyday living or hosting guests. The cozy bedroom and fully updated bathroom provide comfort and style in equal measure. Whether you're looking for a low-maintenance home or a rental property with strong appeal, this home fits the bill. With a manageable yard and a prime location just minutes away from Liberty University, downtown, and all the shopping, dining, and attractions in-between, this home offers exceptional convenience and value. Move-in ready and full of potential, it's an opportunity you don't want to miss.
Sold for $112,500
$112,500
1516 Pierce St, Lynchburg, VA 24501
1beds
648sqft
Single Family Residence
Built in 1939
5,301 Square Feet Lot
$110,300 Zestimate®
$174/sqft
$873 Estimated rent
Home value
$110,300
$99,000 - $122,000
$873/mo
Zestimate® history
Owner options
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$873/mo
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$873/mo
Rent Zestimate®
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$541/mo
Est. payment
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Est. payment
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List your homeWhat's special
Manageable yardOpen layoutSleek countertopsBright welcoming spaceFully updated bathroomCozy bedroomPlenty of cabinetry space
Zillow last checked:
Listing updated:
Listed by:
Michael Perry 434-851-0152 mperry.varealtor@gmail.com,
Long & Foster-Forest
Bought with:
Joshua David Redmond, 0225200760
Mark A. Dalton & Co., Inc.
Source: LMLS,MLS#: 356748
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Area: 132
- Dimensions: 12 x 11
Bedroom
- Dimensions: 0 x 0
Bedroom 2
- Area: 0
- Dimensions: 0 x 0
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
- Level: First
- Area: 132
- Dimensions: 12 x 11
Family room
- Area: 0
- Dimensions: 0 x 0
Great room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Level: First
- Area: 96
- Dimensions: 8 x 12
Living room
- Level: First
- Area: 132
- Dimensions: 11 x 12
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Range, Refrigerator, Electric Water Heater
- Laundry: Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
Features
- Ceiling Fan(s), Drywall, Main Level Bedroom
- Flooring: Laminate, Tile
- Basement: Crawl Space
- Attic: Access,Pull Down Stairs
Interior area
- Total structure area: 648
- Total interior livable area: 648 sqft
- Finished area above ground: 648
- Finished area below ground: 0
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: One
- Patio & porch: Porch, Rear Porch
Lot
- Size: 5,301 Square Feet
Details
- Parcel number: 02626010
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1939
Utilities & green energy
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $101,700
- Annual tax amount: $650
- Date on market: 1/18/2025
- Cumulative days on market: 209 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $112,500-2.6%$174/sqft |
Source:  LMLS #356748 Report a problem | ||
| 8/28/2025 | Pending sale | $115,500$178/sqft |
Source: LMLS #356748 Report a problem | ||
| 8/6/2025 | Price change | $115,500-2.1%$178/sqft |
Source: LMLS #356748 Report a problem | ||
| 6/5/2025 | Price change | $118,000-3.7%$182/sqft |
Source: LMLS #356748 Report a problem | ||
| 4/14/2025 | Price change | $122,500-1.9%$189/sqft |
Source: LMLS #356748 Report a problem | ||
| 3/30/2025 | Listed for sale | $124,900$193/sqft |
Source: LMLS #356748 Report a problem | ||
| 3/18/2025 | Pending sale | $124,900$193/sqft |
Source: LMLS #356748 Report a problem | ||
| 2/7/2025 | Price change | $124,900-3.8%$193/sqft |
Source: LMLS #356748 Report a problem | ||
| 1/18/2025 | Listed for sale | $129,900+93.9%$200/sqft |
Source: LMLS #356748 Report a problem | ||
| 10/31/2023 | Sold | $67,000$103/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $854 +45.4% | $101,700 +54.1% |
| 2024 | $587 +9.1% | $66,000 +9.1% |
| 2023 | $538 +66.1% | $60,500 +107.2% |
| 2022 | $324 | $29,200 |
| 2021 | $324 +3.2% | $29,200 +3.2% |
| 2020 | $314 | $28,300 |
| 2019 | $314 +2.5% | $28,300 +2.5% |
| 2018 | $306 | $27,600 |
| 2017 | $306 | $27,600 |
| 2016 | $306 | $27,600 +11.3% |
| 2015 | $306 +11.3% | $24,800 |
| 2014 | $275 | $24,800 |
| 2012 | -- | $24,800 |
| 2011 | -- | $24,800 |
| 2009 | -- | $24,800 |
| 2008 | -- | $24,800 +7.4% |
| 2007 | -- | $23,100 |
| 2006 | -- | $23,100 |
| 2005 | -- | $23,100 +84.8% |
| 2004 | -- | $12,500 |
| 2003 | -- | $12,500 +0.4% |
| 2002 | -- | $12,450 |
| 2001 | -- | $12,450 |
Find assessor info on the county website
Neighborhood: 24501
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Nearby schools
GreatSchools rating
- 3/10Sheffield Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 1/10Sandusky Middle SchoolGrades: 6-8Distance: 3.3 mi
- 2/10Heritage High SchoolGrades: 9-12Distance: 4.2 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24501
- 1516 Pierce St
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