About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

240 S Main St, Amherst, VA 24521

$261,200

Last sold 11/06/2023 for $70K

4
bed
1
bath
1,668
Sqft ($42/Sqft)

House not for sale

About 240 S Main St

Property type House

Neighborhood

Year built 1919

HOA fee $0/month

Lot size 0.8 Acre

Movoto estimate

Property description

**Price Reduction** Offered below assessed value** Wonderful investment opportunity in the heart of the Town of Amherst. Within walking distance to restaurants, coffee shops, grocery & drug stores, retail shops and swimming pool. This property is zoned CBD (Central Business District) which allows light commercial activity and residential housing. Perfect location for a small business or residence. Property will not qualify for most government backed loans and is being sold As Is. Property is occupied.

Listed by

Listing Agent - Carl Jackson

Listing Office - Cornerstone Realty Group Inc.

Source: Lynchburg MLS

MLS#345334 • last updated 2 years ago

Movoto checked Lynchburg MLS for data 9 hours ago

Overview
Cooling/AC	None
Heating	Wood Stove
Levels/Style	Two, Two Story
SqFt	1668
SubType	Single Family Residence
Status	Closed/Sold
Type	Residential
Lot Size (Acres)	0.8
Lot Size (SqFt)	34848
Estimated Taxes	1058
Year Built	1919
Construction Status	Completed

Interior
Bathrooms	1
# Full Baths	1
Bedroom #2	12x12 Level: Level 2 Above Grade
Bedroom #4	8x10 Level: Level 2 Above Grade
# Bedrooms	4
Master Bedroom	12x12 Level: Level 1 Above Grade
Bedroom #3	12x12 Level: Level 2 Above Grade
Living Room	12x17 Level: Level 1 Above Grade
Laundry	7x10 Level: Level 1 Above Grade, Main Level
Basement	Crawl Space
Attic	Scuttle
Family Room	10x17 Level: Level 1 Above Grade
Kitchen	10x10 Level: Level 1 Above Grade
Flooring	Carpet Over Hardwood
Fireplace	2 Fireplaces
Interior Features	Main Level Bedroom, Plaster
Appliances	Range-Elec, Refrigerator

Exterior
Exterior	Wood Siding
Roof	Metal
Exterior Features	Pool Nearby, Golf Nearby

Amenities / Utilities
Utility - Electric	AEP/Appalachian Powr
Sewer/ Septic	City
Water Heater	Electric
Water	City

Location
County/ City	Amherst
Area	Amherst
Elementary School	Amherst Elem
Middle School	Amherst Midl
School District	Amherst
High School	Amherst High
Zoning	CBD
Directions	29 Business In The Town Of Amherst, Next To Wells Fargo.

$261K

Range: $222K-$300K

Last 30 days

Aug 2024
Public Records
Aug 19, 2024 Sold
$70,000
Feb 2024
MLS # 345334
Feb 7, 2024 Closed
$70,000 (-35.8%)
Nov 12, 2023 Pending
—
Oct 10, 2023 Price Change
$109,000 (-9.2%)
Jul 24, 2023 Listed
$120,000 (-16.7%)
Jan 2022
MLS # 323873
Jan 3, 2022 Expired
—
Mar 2, 2020 Listed
$144,000

Year Property taxes Tax assessment
2026
$1,595 +50.7%

$173,600
2025
$1,059

$173,600
2024
$1,059

$173,600
2023
$1,059

$173,600
2022
$1,059

$173,600
2021
$1,059

$173,600
2020
$1,059 +1.4%

$173,600
2019
$1,044

$173,600 +1.4%
2018
$1,044

$171,200
2017
$1,044

$171,200
2016
$1,044 +8.9%

$171,200
2015
$959

—

240 S Main St
$70K
Amherst
—
24521
$375K -6% y/y
Amherst
$375K -6% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
243 S Main St, Amherst, VA 24521	$385,600	5/2	3,048	0.03
237 S Main St, Amherst, VA 24521	$283,000	3/1	1,728	0.03
221 S Main St, Amherst, VA 24521	$209,800	3/1	1,768	0.05
259 S Main St, Amherst, VA 24521	$245,000	2/1	1,232	0.07
265 S Main St, Amherst, VA 24521	$215,600	2/1	1,451	0.08
268 S Main St, Amherst, VA 24521	$638,300	4/3	2,927	0.08
123 Lee St, Amherst, VA 24521	$202,000	2/1	1,168	0.08
271 S Main St, Amherst, VA 24521	$214,900	2/1	1,126	0.09

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.