1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (2024)

1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (1)

1 / 5

new - 2 days on rocket

$74,990

Homes in Lynchburg, VA

1.36 Acres

Land

Schools Nearby

Location

1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (2)

Property Highlights

Home TypeUnimproved Land

MLS #352378

Lot Size1.36 Acres

StatusActive

About 1510 Lockewood Dr

1.36 Acres on a great street ready for you to build your home on. Minutes to Shopping, dining and Liberty University and University of Lynchburg.

Property Details

Property Features

Listing Office:

  • Office Name: Mark A. Dalton & Co., Inc.
  • Listing Agent: Barbara Terzakos

Lot Features

Lot Information:

  • Lot Size: 1.36 Acres

School Info

Assigned Schools Information:

  • Heritage High School, Public District Grades 9-12
  • Sandusky Middle School, Public District Grades 6-8
  • Heritage Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $74,990

Tax Information:

  • Annual Amount: $333
  • Tax Year: 2020

1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (3)

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Lynchburg, VA.

1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (4)

Lynchburg, VA

City

Med. Sold Price

$264.7K

Med. Price/SqFt

$151

Avg. Days On Market

20

# of Sold Homes

116

1510 Lockewood Dr vs Lynchburg

1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (5)

2 DAYS ON ROCKET

-18 Days

$74,990

-$189.7K Less

KEY TAKEAWAY

This property is $189.7K less than the Median Sold Price in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #352378

Listing Office:

  • Office Name: Mark A. Dalton & Co., Inc.
  • Listing Agent: Barbara Terzakos

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2024, 12:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$333$30,000
2019$225$30,000
2018$300$27,000
2017$300$27,000

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$442

Per Month

Home PriceThe dollar amount you pay for the home.

$

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$%

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

Property Taxes

$0

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$291

Powered By

1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (6)

Advertisem*nt

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

2

/10

  • Heritage Elementary School

  • 501 Leesville Rd

  • Distance between this listing and this school1.72 miles

  • Public District Grades PK-5

Middle School

3

/10

  • Sandusky Middle School

  • 805 Chinook Pl

  • Distance between this listing and this school2.64 miles

  • Public District Grades 6-8

High School

2

/10

  • Heritage High School

  • 3020 Wards Ferry Rd

  • Distance between this listing and this school1.81 miles

  • Public District Grades 9-12

Assigned Schools

2

/10

  • Heritage Elementary School

  • 501 Leesville Rd

  • Distance between this listing and this school1.72 miles

  • Public District Grades PK-5

Nearby Schools

6

/10

  • Tomahawk Elementary School

  • 155 Bee Dr

  • Distance between this listing and this school0.63 miles

  • Public District Grades PK-5

6

/10

  • Leesville Road Elementary School

  • 19965 Leesville Rd

  • Distance between this listing and this school2.01 miles

  • Public District Grades PK-5

Assigned Schools

3

/10

  • Sandusky Middle School

  • 805 Chinook Pl

  • Distance between this listing and this school2.64 miles

  • Public District Grades 6-8

Nearby Schools

4

/10

  • Brookville Middle School

  • 320 Bee Dr

  • Distance between this listing and this school0.55 miles

  • Public District Grades 6-8

7

/10

  • Forest Middle School

  • 100 Ashwood Dr

  • Distance between this listing and this school4.13 miles

  • Public District Grades 6-8

Assigned Schools

2

/10

  • Heritage High School

  • 3020 Wards Ferry Rd

  • Distance between this listing and this school1.81 miles

  • Public District Grades 9-12

Nearby Schools

5

/10

  • Brookville High School

  • 100 Laxton Rd

  • Distance between this listing and this school0.55 miles

  • Public District Grades 9-12

5

/10

  • Jefferson Forest High School

  • 1 Cavalier Cir

  • Distance between this listing and this school4.04 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

18%

<35k

66%

35k-100k

13%

100k-200k

3%

200k+

What level of education do the neighbors have?

Post Secondary

56%

High School

32%

Masters

10%

No High School

1%

Doctorate

1%

What types of families live nearby?

44%

Single, No Kids

7%

Single, with Kids

28%

Married, No Kids

21%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners

59%

Renters

41%

How old are people in this area?

13%

<11 yrs old

6%

12-17 yrs old

29%

18-34 yrs old

35%

35-64 yrs old

17%

65+ yrs old

What do the neighbors do for fun?

  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (7) NBA/WNBA
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (8) Minor League Baseball Games
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (9) Continuing Education Courses

Where do the neighbors shop?

  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (10) New York & Company
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (11) Express/Express For Men
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (12) Stein Mart

Where do the neighbors go to eat?

  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (13) Qdoba
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (14) Chick-fil-A
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (15) Bonefish Grill

What do the neighbors drive?

  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (16) Infiniti
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (17) Kia
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (18) Volkswagen

What do the neighbors listen to?

  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (19) Active Rock
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (20) Talk/Personality
  • 1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (21) Urban Contemporary

The neighbors living near this home have an average income of $59,670. Most Lynchburg, VA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1510 Lockewood Dr

What is the listing price of this property?

The listing price of 1510 Lockewood Dr property is $74,990.

What type of property is this?

The property 1510 Lockewood Dr is land located in Lynchburg, Virginia, 24502.

Is this property for sale now?

Active Listing: 1510 Lockewood Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1510 Lockewood Dr are: Heritage Elementary School: GreatSchools Rating 2/10Sandusky Middle School: GreatSchools Rating 3/10Heritage High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $333 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1510 Lockewood Dr is 1.36 acres.

1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (22)

Interested in 1510 Lockewood Dr? Let's connect.

Contact Us

(855) 200-2001

Help@RocketHomes.com

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.

Rocket HomesVirginiaLynchburg245021510 Lockewood Dr

This home is located at 1510 Lockewood Dr in Lynchburg, VA and zip code 24502. This home sits on a 1.36 acre lot. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $74,990.

Lynchburg, VA housing market in April 2024 saw over 37 listings sold above listed price, more than 45 sold at listed price and over 34 sold below. The inventory of homes for sale in Lynchburg, VA between March 2024 and April 2024 increased by 78.1%. In April 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $264,764.

From Rocket Homes Real Estate and based on county public records data.

More Resources

More Homes For Sale in Lynchburg

  • 1 Bedroom homes
  • 2 Bedroom homes
  • 3 Bedroom homes
  • 4 Bedroom homes
  • 5+ Bedroom homes

Homes For Sale in Nearby Cities

  • Lynchburg homes for sale
  • Timberlake homes for sale
  • Concord homes for sale
  • Sunburst homes for sale
  • Jefferson homes for sale
  • Forest homes for sale
  • Seneca homes for sale
  • Rustburg homes for sale
  • Evington homes for sale
  • Madison Heights homes for sale
1510 Lockewood Dr, Lynchburg, VA, 24502 | MLS #352378 | RocketHomes (2024)
Top Articles
Latest Posts
Article information

Author: Edwin Metz

Last Updated:

Views: 5861

Rating: 4.8 / 5 (78 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Edwin Metz

Birthday: 1997-04-16

Address: 51593 Leanne Light, Kuphalmouth, DE 50012-5183

Phone: +639107620957

Job: Corporate Banking Technician

Hobby: Reading, scrapbook, role-playing games, Fishing, Fishing, Scuba diving, Beekeeping

Introduction: My name is Edwin Metz, I am a fair, energetic, helpful, brave, outstanding, nice, helpful person who loves writing and wants to share my knowledge and understanding with you.