$475

closing credit¹

2802 Loraine St Lynchburg, VA 24504

$40,000
2 beds
1 full
987 sqft
0.3 acres
$41 / sqft
House

Property details

About 2802 Loraine St

Home is ready for final touches to be placed by new investor. Property has been demoed and has options for being either a one or two bedroom home. Home is within minutes of downtown Lynchburg with plenty other neighboring homes having been updated. Past updates include 200 amp panel box, heat pump, vinyl siding, and replacement windows. Schedule your showing today before you miss out on this investment property.

Highlights

Home typeSingle Family Residence
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size987 sqft
Lot size0.26 Acres
Year built1935
MLS #351632

Summary

  • MLS Number: 351632
  • MLS Name: Lynchburg
  • Office Name: Cornerstone Realty Group Inc
  • Office Phone: (434) 810-6732
  • Office Email: randy@thecornerstonerealty.com
  • Listing Agent: Schyler C Higgins

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, 1:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of property with central AC

$40,000

2802 Loraine St

$475

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 01, 2022
Home Sold
$250,000

Tax history

YearAssessmentProperty Tax
2024$48,300$429
2023$48,300$429
2022$35,100$389
2021$35,100$389
2020$32,300$-
2019$32,300$-
2018$32,300$358
2017$32,300$358

History based on county public records data.

Nearby schools

6

William M. Bass Elementary School

Public District KG-5

0.8 mi

1730 Seabury Ave

2

R. S. Payne Elementary School

Public District PK-5

1.3 mi

1201 Floyd St

3

T. C. Miller Elementary School

Public Magnet KG-5

2.1 mi

600 Mansfield Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $15,519. Typical income of Lynchburg, VA residents is less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

74%
<35k
25%
35k-100k
1%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

52%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • Big LotsBig Lots
  • Family DollarFamily Dollar
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Golden CorralGolden Corral
  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • KiaKia
  • ChevroletChevrolet
  • BuickBuick

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2802 Loraine St

This home is located at 2802 Loraine St in Lynchburg, VA and zip code 24504 in the White Rock Hill neighborhood. This 987 square foot home, which was built in 1935, sits on a 0.26 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $40,000.

Lynchburg, VA housing market in January 2025 saw over 24 listings sold above listed price, more than 28 sold at listed price and over 41 sold below. The number of listings in Lynchburg, VA increased by 0.8% between December and January 2025. While the average time on the market in January 2025 was 50 days, the median list price was $280,458.

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

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