Skip main navigation
Off market
  • $148,800

    1561 Caroline St, Lynchburg, VA 24501

    5beds
    2,076sqft
    SingleFamily
    Built in 1880
    9,147 Square Feet Lot
    $148,800 Zestimate®
    $72/sqft
    $1,612 Estimated rent

    Home value

    $148,800

    $115,000 - $182,000

    $1,612/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,612/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,612/mo

    Rent Zestimate®

    Refinance and save

    $716/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $716/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Perfect fixer-upper investment property, this home was converted to rental and has several rooms that are rented. Located just a short walk from Dearington Elementary School. Home currently offers 7 rental rooms, with some of them currently occupied with tenants. There are 3 rooms on first level and 4 rooms on second level of home. Offers a huge kitchen, 1 full bath and a half bath. Home can be converted back to single family home and offers a ton of space!! Home is in need of repairs and updates, but it is a solid home with a long history of tenant occupancy. Home is nearly 2,200 SF and includes a huge vacant lot with purchase. Located on bus line. Close to grocery stores, hospital and much more!!! With some work, this home would make a great single family or investment rental property!! Seller is motivated! Make offer!!! Recent appraisal done and home appraised for $40,000!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Baseboard
    Interior area
    • Total interior livable area: 2,076 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 9,147 Square Feet
    Details
    • Parcel number: 00232006

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Metal
    Condition
    • Year built: 1880

    Community & HOA

    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $72/sqft
    • Tax assessed value: $55,600
    • Annual tax amount: $467

    Price history

    DateEventPrice
    5/11/2016Sold$36,000-14.3%$17/sqft
    Source: LMLS #294588 Report a problem
    4/8/2016Listed for sale$42,000$20/sqft
    Source: Dawson Ford Garbee-Forest #294588 Report a problem
    2/22/2016Listing removed$42,000$20/sqft
    Source: Dawson Ford Garbee-Forest #294588 Report a problem
    9/23/2015Listed for sale$42,000$20/sqft
    Source: Dawson Ford Garbee-Forest #294588 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$467 +25.8%$55,600 +33.3%
    2024$371 $41,700
    2023$371 +6.5%$41,700 +32.8%
    2022$349 $31,400
    2021$349 -20.3%$31,400 -20.3%
    2020$437 $39,400
    2019$437 +11.3%$39,400 +11.3%
    2018$393 $35,400
    2017$393 $35,400
    2016$393 $35,400 -32.3%
    2015$393 -9.7%$52,300 -19.7%
    2014$435 $65,100
    2012-- $65,100
    2011-- $65,100
    2009-- $65,100 +0.2%
    2008-- $65,000 +64.1%
    2007-- $39,600
    2006-- $39,600
    2005-- $39,600 +21.8%
    2004-- $32,500 -12.9%
    2003-- $37,300 +0.1%
    2002-- $37,250
    2001-- $37,250
    Find assessor info on the county website

    Neighborhood: 24501

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $148,800
    2% more
    +$2,976
    With Zillow Showcase(estimated)
    $151,776