$1,483 Closing Credit¹
#355515, Tim Bushnell, Listing Office: Keller Williams
$1,483
closing credit¹
1516 Pierce St Lynchburg, VA 24501
$124,900 List price
$1,483
Closing credit¹
1 bed
1 full
648 sqft
0.1 acres
$193 / sqft
House
Property details
About 1516 Pierce St
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, youll 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 youre 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, its an opportunity you dont want to miss.
Highlights
Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size648 sqft
Lot size0.12 Acres
Year built1939
MLS #356748
Summary
- MLS Number: 356748
- MLS Name: Lynchburg
- Office Name: Long & Foster-Forest
- Office Phone: (434) 316-6100
- Listing Agent: Michael Perry
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 2025 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: 2/8/2025, 4:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$124,900
1516 Pierce St
$1,483
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 31, 2023 | Home Sold | $67,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $66,000 | $587 |
| 2023 | $60,500 | $538 |
| 2022 | $29,200 | $324 |
| 2021 | $29,200 | $324 |
| 2020 | $28,300 | $235 |
| 2019 | $28,300 | $153 |
| 2018 | $27,600 | $306 |
| 2017 | $27,600 | $306 |
History based on county public records data.
Nearby schools
2
R. S. Payne Elementary School
Public District PK-5
0.2 mi
•1201 Floyd St
6
William M. Bass Elementary School
Public District KG-5
0.9 mi
•1730 Seabury Ave
3
T. C. Miller Elementary School
Public Magnet KG-5
1.0 mi
•600 Mansfield Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,606. The most common annual income of people living in Lynchburg, VA is less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
73%
<35k
25%
35k-100k
1%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
59%
Single, No Kids
23%
Single, with Kids
12%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
38%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
Popeyes
What do the neighbors drive?
Kia
Buick
Dodge
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1516 Pierce St
This home is located at 1516 Pierce St in Lynchburg, VA and zip code 24501 in the Diamond Hill neighborhood. This 648 square foot home, which was built in 1939, sits on a 0.12 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $124,900.
While more than 24 listings in Lynchburg, VA in January 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 41 were sold below. In January 2025 in Lynchburg, VA there were 0.8% more homes for sale than in December. The median list price of listings available in January 2025 was $280,458, while the average time on the real estate market was 50 days.
From Rocket Homes Real Estate and based on county public records data.