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1484 Rainbow Forest, Lynchburg, VA 24502
$334,900 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
2,478
sqft
Built in
1964
Fully remodeled, this 4-bedroom, 3-bathroom home is two homes in one! Main level features 3-beds/2 baths and terrace level has 3 rooms/1-bath with a kitchen, basement apartment/in-law suite! Potential 5th bedroom is nonconforming. So much potential here! This could be a large home with space for loved ones or an opportunity for passive income-an investment property for college students. Two kitchens, two living spaces for entertaining guests, accommodate out of town guests, or rent out the terrace level for passive income. New HVAC, New kitchen, New Quartz Countertops, New lighting, New Luxury Vinyl Plank, and remodeled baths. The property backs up to a creek with a large level yard and is perfect for outdoor gatherings! Mulch beds and gardening space. Polywood Deck and Brick exterior for little to no maintenance! Located in well sought after Brookville School district! Versatile, smart investment, and great resell potential at 1484 Rainbow Forest. Staging has been removed.
Features & Amenities
Interior
- General:
- Ceiling Fan(s),Drywall,Main Level Bedroom,Main Level Den,Primary Bed w/Bath,Tile Bath(s)
- Master Bedroom:
- 13x11 Level: Level 1 Above Grade
- Kitchen:
- 16x10 Level: Level 1 Above Grade
- Appliances:
- Dishwasher,Microwave,Range-Elec,Refrigerator,Self Cleaning Oven
- Dining:
- 13x10 Level: Level 1 Above Grade
- Living Room:
- 20x12 Level: Level 1 Above Grade
- Laundry:
- Basement, 11x7 Level: Below Grade
- Basement:
- Apartment,Exterior Entrance,Finished,Full,Garage,Interior Entrance,Walkout
- Den:
- 20x11 Level: Below Grade
- Flooring:
- Vinyl Plank,Wood
- A/C:
- Heat Pump
- Heating:
- Heat Pump
- Fireplace:
- 2 Fireplaces,Den,Living Room,Wood Burning
Exterior
- General:
- Brick, Paved Drive,Insulated Glass,Golf Nearby
- Style:
- Ranch
Construction
- Roofing:
- Shingle
- General:
- One
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- Lynchburg
- School District:
- Campbell
- County:
- Campbell
Lot
- Zoning:
- LOT 4 BK 6 SEC 1 RAINBOW FOREST, 11A-6-6-4
Utilities
- Utilities:
- AEP/Appalachian Powr
- Water:
- County
- Sewer:
- Septic Tank
Financial
- Source:
- Lynchburg
This listing courtesy of:
eXp Realty LLC-Fredericksburg, Jimmy L Rufus Jr.
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lynchburg, VA
Housing
- Number of Units
- 45,209
- Median Home Value
- $179,150
- Median Rent
- $740
46.22% of housing units are renter occupied.
9.49% are vacant.
Commute
- Car
-
74.63%
- Public Transportation
-
1.71%
- Walk to Work
-
3.20%
- Work from Home
-
19.08%
- Other
-
1.24%
The median travel time to work is 16 minutes.
People
- Population
- 104,822
- Median Age
- 33.80
- Median Household Size
- 2.55
Education
- High School
-
24.81%
- Associate’s Degree
-
7.92%
- Bachelor’s Degree
-
21.47%
- Graduate Degree
-
15.15%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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