2 Baths   2,562 Sq. Ft.   Single-Family
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Rhode Island Ave
Lynchburg, VA 24502

*Rental Value Coming Soon

Overview

This Single-Family is located at Rhode Island Ave, Lynchburg, VA 24502. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 2 Baths , 2,562 sqft of living space.
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Status: Inactive
Listing ID: 57168052
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Learn about Rhode Island Ave in Lynchburg, VA

This single-family property is available as a foreclosure at Rhode Island Ave. It has bedrooms, 2 bathrooms, and 2,562 square feet of living space. Based on our analysis of the current market conditions in Lynchburg for Rhode Island Ave and comparable listings, the estimated market value is still being calculated. If purchased for rental purposes, this property might present an opportunity to make monthly rental income. The rental value will be updated on this listing soon. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Rhode Island Ave are updated daily along with others in Lynchburg, Virginia.


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Property Information

  • Bathrooms: 2
  • Living Area Size: 2,562
  • Year Built: 1935
  • Source ID: 214240073
  • Day(s) On Site: 833
  • Subdivision: FORT HILL SEC SUB
  • Parcel Number: 054 11 023
  • Property Type: Single Family Dwelling
  • Owner Name: REVERSE MORTGAGE FUNDING LLC
  • Recording Date: 11-23-2021
  • Owner Mailing Address: 888 E WALNUT ST
  • Document Number: 0210010390
  •  

Public Records

  • Baths: 2
  • Full Baths: 2
  • Rooms: 8
  • No. of Stories: 2
  • Basement Sqft: 894
  • Parking: DETACHED GARAGE
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Construction Type: WOOD
  • Exterior Wall Type: BRICK/WOOD/STONE VENEER
  • Foundation Type: TYPE UNKNOWN WITH PART BASEMENT
  • Frame Type: WOOD FRAME
  • Heating Type: HOT WATER
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 11,250
  • Year Built: 1935
  • APN: 054-11-023
  • Property Type: Single Family Residence
  • Front Footage: 75
  • Depth Footage: 150
  • Living Sqft: 2,562
  • Garage: DETACHED
  • Subdivision: FORT HILL

Community & Neighborhood

This property in Lynchburg, VA is located in the Fort Hill Sec Sub Subdivision.


Foreclosure

The property located at Rhode Island Ave in Lynchburg, VA is listed as a Foreclosure

Properties like Rhode Island Ave in Lynchburg, Virginia listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Lynchburg, VA. The longer lenders own properties like this on Rhode Island Ave, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rhode Island Ave
Lynchburg, VA 24502

2 Baths   2,562 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 57168052

Property Information

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