609 Pine Dr Lynchburg, VA 24503
Peakland NeighborhoodEstimated payment $1,750/month
Highlights
- Separate Outdoor Workshop
- Laundry Room
- Tile Flooring
- Paul Munro Elementary School Rated A-
- Bungalow
- Ceiling Fan
About This Home
Turnkey investment opportunity with strong income potential in one of Lynchburg's most sought-after corridors. This fully remodeled home features three bedrooms and two baths, thoughtfully updated with modern finishes, quality upgrades, and attention to detail throughout. A separate detached ADU complete with its own bedroom and bath adds exceptional flexibility ideal for short-term rentals, mid-term stays, or guest accommodations. The option to convey fully furnished makes for a seamless, ready-to-earn transition. Situated just off Rivermont Ave, the property benefits from an unbeatable location within close proximity to Lynchburg's major hospitals, Randolph College, and a vibrant downtown scene all key drivers of consistent rental demand. Whether you're an experienced investor looking to expand your portfolio or a savvy buyer seeking an owner-occupied income property, this one checks all the boxes. Opportunities like this are rare!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,916
Year Built
- Built in 1935
Lot Details
- 10,001 Sq Ft Lot
Parking
- Off-Street Parking
Home Design
- Bungalow
- Shingle Roof
Interior Spaces
- 3 Full Bathrooms
- 1,480 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Crawl Space
- Attic Access Panel
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl Plank
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Separate Outdoor Workshop
- Outdoor Storage
Schools
- Paul Munro Elementary School
- Linkhorne Midl Middle School
- E. C. Glass High School
Utilities
- Heat Pump System
- Electric Water Heater
Community Details
- Pine Dr Area Subdivision
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 07009038
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $1,916 | $228,100 | $27,000 | $201,100 |
| 2024 | $1,491 | $167,500 | $22,500 | $145,000 |
| 2023 | $1,491 | $167,500 | $22,500 | $145,000 |
| 2022 | $1,548 | $150,300 | $20,000 | $130,300 |
| 2021 | $1,668 | $150,300 | $20,000 | $130,300 |
| 2020 | $1,447 | $130,400 | $20,000 | $110,400 |
| 2019 | $1,447 | $130,400 | $20,000 | $110,400 |
| 2018 | $1,163 | $104,800 | $11,100 | $93,700 |
| 2017 | $1,163 | $104,800 | $11,100 | $93,700 |
| 2016 | $1,163 | $104,800 | $11,100 | $93,700 |
| 2015 | $1,163 | $104,800 | $11,100 | $93,700 |
| 2014 | $1,163 | $104,800 | $11,100 | $93,700 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/26/2026 05/26/26 | Pending | -- | -- | -- | |
| 05/06/2026 05/06/26 | For Sale | $295,000 | +5.4% | $199 / Sq Ft | |
| 12/16/2024 12/16/24 | Sold | $280,000 | +2.8% | $209 / Sq Ft | View Prior Sale |
| 11/14/2024 11/14/24 | Pending | -- | -- | -- | |
| 11/08/2024 11/08/24 | For Sale | $272,500 | +65.2% | $203 / Sq Ft | |
| 05/30/2018 05/30/18 | Sold | $165,000 | 0.0% | $123 / Sq Ft | View Prior Sale |
| 04/25/2018 04/25/18 | Pending | -- | -- | -- | |
| 04/04/2018 04/04/18 | For Sale | $165,000 | -- | $123 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $280,000 | Chicago National Title | |
| Gift Deed | -- | None Listed On Document | |
| Deed | $280,000 | Chicago National Title | |
| Deed | $165,000 | Old Republic National Title | |
| Bargain Sale Deed | $165,000 | Reliance Title & Settlement |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,000 | New Conventional | |
| Closed | $0 | New Conventional | |
| Previous Owner | $195,000 | Credit Line Revolving | |
| Previous Owner | $148,500 | New Conventional |
Source: Lynchburg Association of REALTORS®
MLS Number: 366318
APN: 070-09-038
- 736 Selene St
- 630 Selene St
- 634 Selene St
- 605 Selene St
- 3430 Summerville St
- 123 Linden Ave
- 3417 Plymouth Place
- 3853 Peakland Place
- 817 Pershing Ave
- 1020 Rivermont Terrace
- 3024 Rivermont Ave
- 964 Rothowood Rd
- 403 Riverside Dr
- 106 Clopton Ct
- 1609 Morrison Dr
- 1616 Morrison Dr
- 58 W Princeton Cir
- 226 Riverside Dr
- 421 Preserve Dr
- 68 Clopton Ct
Ask me questions while you tour the home.