$71,000

1721 Spencer Place Lynchburg, VA 24504

Diamond Hill Neighborhood

Estimated payment $399/month

Total Views 33,171
2 Beds
1 Bath
800 Sq Ft
$89 Price per Sq Ft

Highlights

  • Wood Flooring
  • Ceiling Fan
  • High Speed Internet
  • Garden

About This Home

Investor special! Welcome to 1721 Spencer Place, a promising property nestled on a cute and quiet street just minutes from all that downtown Lynchburg has to offer. This home is being sold as-is, making it a perfect investment opportunity for a savvy buyer or handy homeowner. Many updates have already been made now it just needs someone to finish the job and bring it to full potential. Whether you're looking to expand your rental portfolio or create your own dream space, this home offers charm, convenience, and incredible potential. With easy access to local shops, dining, and entertainment, you'll love the location. Don't miss your chance to own a piece of Lynchburg's fast-growing real estate market! Schedule your showing today and imagine the possibilities at 1721 Spencer Place.

Listing Agent

Alissa Williams

eXp Realty LLC-Lynchburg License #0225258775 Listed on: 05/01/2025

eXp Realty LLC-Lynchburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256

Year Built

  • Built in 1951

Lot Details

  • 4,312 Sq Ft Lot
  • Garden

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 1 Full Bathroom
  • 800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space

Schools

  • Sheffield Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Mini Split Heat Pump
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 02636025

Home Details

Home Type

Single Family

Est. Annual Taxes

$256

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Directions: Grace st to 17th St, left on Spencer.
  • Days On Market: Yes
  • Prop. Type: Residential
  • Year Built: 1951
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 800.00
  • Architectural Style: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Hardwood
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), High Speed Data Aval
  • Laundry: None
  • Living Room: 8x12 Level: Level 1 Above Grade
  • Master Bedroom: 6x8 Level: Level 1 Above Grade
  • Appliances: None
  • Stories: Two
  • Second Bedroom: 12x14 Level: Level 2 Above Grade
  • Room Master Bedroom Area: 48.000000
  • Room Living Room Area: 96.000000
  • Room Bedroom2 Area: 168.000000
  • MasterBedroomDimensions Dim: 6.000 x 8.000
  • Kitchen Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 8.000

Exterior Features

  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Mini-Split
  • Sewer: City
  • Water Heater: Electric
  • Heating: Ductless Mini-Split
  • Water Source: City

Schools

  • Elementary School: Sheffield Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.0990
  • Lot Size Sq Ft: 4312.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 02636025

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 256

Multi Family

  • Existing Lease Type: Net

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $254 $28,500 $8,600 $19,900
2023 $95 $10,700 $8,600 $2,100
2022 $91 $8,800 $7,200 $1,600
2021 $98 $8,800 $7,200 $1,600
2020 $253 $22,800 $7,000 $15,800
2019 $253 $22,800 $7,000 $15,800
2018 $248 $22,300 $7,000 $15,300
2017 $248 $22,300 $7,000 $15,300
2016 $248 $22,300 $7,000 $15,300
2015 $248 $19,200 $2,000 $17,200
2014 $213 $19,200 $2,000 $17,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $71,000 -2.7% $89 / Sq Ft
06/07/2025 06/07/25 Price Changed $73,000 -2.7% $91 / Sq Ft
05/01/2025 05/01/25 For Sale $75,000 +50.0% $94 / Sq Ft
02/05/2018 02/05/18 Sold $50,000 +66.9% $42 / Sq Ft
01/20/2018 01/20/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $29,950 -- $25 / Sq Ft
Source: Lynchburg Association of REALTORS®

Source: Lynchburg Association of REALTORS®

MLS Number: 358978

APN: 026-36-025

Virginia Lynchburg City County Lynchburg 24504 Diamond Hill

1721 Spencer Place, Lynchburg, VA

This home is located at 1721 Spencer Place, Lynchburg, VA 24504 and is currently priced at $71,000, approximately $88 per square foot. This property was built in 1951. 1721 Spencer Place is a home located in Lynchburg City with nearby schools including Sheffield Elementary School, Sandusky Middle School, and Heritage High School.

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Listing Agent
Alissa Williams
Section Image
eXp Realty LLC-Lynchburg
(434) 337-5352