Convenient 2 bedrooms, 1 full bath bungalow with off street parking. Close to colleges, shopping and medical facilities. Good starter home or investment property.
Sold for $120,000
$120,000
505 Thomas Rd, Lynchburg, VA 24501
2beds
1,087sqft
Single Family Residence
Built in 1937
6,555 Square Feet Lot
$118,800 Zestimate®
$110/sqft
$1,227 Estimated rent
Home value
$118,800
$107,000 - $132,000
$1,227/mo
Zestimate® history
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Off street parking
Zillow last checked:
Listing updated:
Listed by:
Marilyn Sale 434-818-3667 marilynsale@divinefogrealty.com,
Divine Fog Realty Company LLC
Bought with:
Allison Holt, 0225273343
NextHome TwoFourFive
Source: LMLS,MLS#: 363026
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: 168
- Dimensions: 12 x 14
Bedroom
- Dimensions: 0 x 0
Bedroom 2
- Level: First
- Area: 154
- Dimensions: 11 x 14
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: 140
- Dimensions: 10 x 14
Family room
- Area: 0
- Dimensions: 0 x 0
Great room
- Area: 0
- Dimensions: 0 x 0
Kitchen
- Level: First
- Area: 140
- Dimensions: 10 x 14
Living room
- Level: First
- Area: 210
- Dimensions: 14 x 15
Office
- Area: 0
- Dimensions: 0 x 0
Heating
- Electric Baseboard, Wood Stove
Cooling
- Window Unit(s)
Appliances
- Included: Microwave, Electric Range, Refrigerator, Electric Water Heater
- Laundry: In Basement, Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Drywall, Main Level Bedroom, Plaster, Separate Dining Room
- Flooring: Hardwood
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Basement: Exterior Entry,Interior Entry,Partial,Walk-Out Access
- Attic: Floored,Pull Down Stairs,Windows
- Number of fireplaces: 1
- Fireplace features: 1 Fireplace, Heatilator, Living Room, Stove Insert, Wood Burning
Interior area
- Total structure area: 1,087
- Total interior livable area: 1,087 sqft
- Finished area above ground: 1,087
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street, Paved Drive
- Has uncovered spaces: Yes
Features
- Levels: One
- Patio & porch: Front Porch, Screened Porch
- Fencing: Fenced
Lot
- Size: 6,555 Square Feet
- Features: Landscaped
Details
- Additional structures: Storage
- Parcel number: 03107009
- Zoning: R-2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1937
Utilities & green energy
- 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: $110/sqft
- Tax assessed value: $126,600
- Annual tax amount: $935
- Date on market: 11/12/2025
- Cumulative days on market: 16 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Sold | $120,000$110/sqft |
Source:  LMLS #363026 Report a problem | ||
| 12/4/2025 | Pending sale | $120,000$110/sqft |
Source: LMLS #363026 Report a problem | ||
| 11/24/2025 | Price change | $120,000+4.3%$110/sqft |
Source: LMLS #363026 Report a problem | ||
| 11/18/2025 | Pending sale | $115,000$106/sqft |
Source: LMLS #363026 Report a problem | ||
| 11/12/2025 | Listed for sale | $115,000+69.1%$106/sqft |
Source: LMLS #363026 Report a problem | ||
| 11/17/2014 | Sold | $68,000-2.7%$63/sqft |
Source: LMLS #286710 Report a problem | ||
| 8/9/2014 | Price change | $69,900-2.8%$64/sqft |
Source: Dawson Ford Garbee & Co #286710 Report a problem | ||
| 7/24/2014 | Listed for sale | $71,900$66/sqft |
Source: Dawson Ford Garbee & Co #286710 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,063 +13.8% | $126,600 +20.6% |
| 2024 | $935 | $105,000 |
| 2023 | $935 +2.7% | $105,000 +28% |
| 2022 | $910 | $82,000 |
| 2021 | $910 +19.7% | $82,000 +19.7% |
| 2020 | $760 | $68,500 |
| 2019 | $760 +6.2% | $68,500 +6.2% |
| 2018 | $716 | $64,500 |
| 2017 | $716 | $64,500 |
| 2016 | $716 | $64,500 -12.2% |
| 2015 | $716 +75.5% | $73,500 |
| 2014 | $408 | $73,500 |
| 2012 | -- | $73,500 |
| 2011 | -- | $73,500 +0.7% |
| 2009 | -- | $73,000 +10.4% |
| 2008 | -- | $66,100 +29.1% |
| 2007 | -- | $51,200 |
| 2006 | -- | $51,200 |
| 2005 | -- | $51,200 +2% |
| 2004 | -- | $50,200 |
| 2003 | -- | $50,200 +16.7% |
| 2002 | -- | $43,000 |
| 2001 | -- | $43,000 |
Find assessor info on the county website
Neighborhood: 24501
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Nearby schools
GreatSchools rating
- 1/10Perrymont Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Paul Laurence Dunbar Middle School for InnovationGrades: 6-8Distance: 2.2 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 1.3 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24501
- 505 Thomas Rd
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