This 2BR/1BA home located on dead end street, with everything all on one level has been a long term rental property, zoned R-3 with an additional huge 945 SF detached garage that is included, currently being used for storage, but offers endless opportunities. Perfect investment property for both a new or seasoned investor. The home offers a large wraparound porch perfect, deck on back, off-street parking concrete driveway, & much more. Close to the river front, restaurants, shopping, grocery stores, & much more! Make this your next investment property with even more potential, this could be a win-win for you!
Sold for $75,000
$75,000
2705 Loraine St, Lynchburg, VA 24504
2beds
945sqft
Single Family Residence
Built in 1920
6,721 Square Feet Lot
$94,200 Zestimate®
$79/sqft
$1,046 Estimated rent
Home value
$94,200
$79,000 - $110,000
$1,046/mo
Zestimate® history
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$1,046/mo
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$361/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mike Osei 434-444-6206 mikeo8us@gmail.com,
Long & Foster-Forest
Bought with:
Mike Osei, 0225209432
Long & Foster-Forest
Source: LMLS,MLS#: 354218
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Area: 132
- Dimensions: 12 x 11
Bedroom
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Area: 121
- Dimensions: 11 x 11
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: 121
- Dimensions: 11 x 11
Family room
- Area: 0
- Dimensions: 0 x 0
Great room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Level: First
- Area: 108
- Dimensions: 12 x 9
Living room
- Level: First
- Area: 180
- Dimensions: 15 x 12
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Range, Refrigerator, Gas Water Heater
- Laundry: Dryer Hookup, Laundry Room, Main Level, Separate Laundry Rm., Washer Hookup
Features
- Ceiling Fan(s), Drywall, High Speed Internet, Main Level Bedroom, Pantry
- Flooring: Carpet, Vinyl, Wood
- Doors: Storm Door(s)
- Windows: Insulated Windows
- Basement: Exterior Entry
- Attic: Access,Scuttle
Interior area
- Total structure area: 945
- Total interior livable area: 945 sqft
- Finished area above ground: 945
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Concrete Drive, 1 Car Detached Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Porch, Front Porch
- Exterior features: Garden
Lot
- Size: 6,721 Square Feet
- Features: Landscaped
Details
- Additional structures: Workshop
- Parcel number: 04716003
- Zoning: R-3
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: AEP/Appalachian Powr
- Sewer: City
- Water: City
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $79/sqft
- Tax assessed value: $71,400
- Annual tax amount: $467
- Date on market: 8/21/2024
- Cumulative days on market: 6 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2024 | Sold | $75,000-5.7%$79/sqft |
Source:  LMLS #354218 Report a problem | ||
| 8/27/2024 | Pending sale | $79,500$84/sqft |
Source: LMLS #354218 Report a problem | ||
| 8/21/2024 | Listed for sale | $79,500+87.1%$84/sqft |
Source: LMLS #354218 Report a problem | ||
| 11/10/2023 | Sold | $42,500$45/sqft |
Source: LMLS #348690 Report a problem | ||
| 10/15/2023 | Pending sale | $42,500$45/sqft |
Source: LMLS #348690 Report a problem | ||
| 10/14/2023 | Listed for sale | $42,500-67.3%$45/sqft |
Source: LMLS #348690 Report a problem | ||
| 9/30/2021 | Sold | $130,000$138/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $600 +28.6% | $71,400 +36.3% |
| 2024 | $466 | $52,400 |
| 2023 | $466 -9.1% | $52,400 +13.4% |
| 2022 | $513 | $46,200 |
| 2021 | $513 +8.7% | $46,200 +8.7% |
| 2020 | $472 | $42,500 |
| 2019 | $472 | $42,500 |
| 2018 | $472 | $42,500 |
| 2017 | $472 | $42,500 |
| 2016 | $472 | $42,500 |
| 2015 | $472 | $42,500 |
| 2014 | $472 | $42,500 |
| 2012 | -- | $42,500 |
| 2011 | -- | $42,500 |
| 2009 | -- | $42,500 +10.4% |
| 2008 | -- | $38,500 +25% |
| 2007 | -- | $30,800 |
| 2006 | -- | $30,800 |
| 2005 | -- | $30,800 +66.5% |
| 2004 | -- | $18,500 |
| 2003 | -- | $18,500 +0.3% |
| 2002 | -- | $18,450 |
| 2001 | -- | $18,450 |
Find assessor info on the county website
Neighborhood: 24504
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Nearby schools
GreatSchools rating
- 4/10William M. Bass Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 1/10Sandusky Middle SchoolGrades: 6-8Distance: 4.2 mi
- 2/10Heritage High SchoolGrades: 9-12Distance: 4.9 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24504
- 2705 Loraine St
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