NOT LISTED FOR SALE

1040 Farfields Dr Lynchburg, VA 24502

Timberlake Neighborhood

Estimated Value: $418,203 - $452,000

3 Beds
3 Baths
3,286 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $253,000 $77 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,514/month

67 Days on Market

Highlights

  • Great Room with Fireplace
  • Wood Flooring
  • Game Room
  • Ranch Style House
  • Workshop
  • Walk-In Closet

About This Home

As of July 2017

Fabulous quality brick rancher in Brookville School District! 3 Bedrooms, 3 Baths, Huge 36x25 Detached Brick garage PLUS Huge 2 car Attached garage-Perfect for a car collector! You'll love the cozy front porch, lush landscaping, and plenty of paved parking for guests. Welcoming foyer with formal living and dining rooms, Spacious kitchen with pantry, plenty of counter space and breakfast nook which opens to a private deck. Lovely main level den with gas log fireplace. Private main level master w/bath, nice closet space. Two other bedrooms and bath on main level. Terrace level finished with Huge family room w/second fireplace, full bath, storage room, spacious laundry room and lots of windows for plenty of natural light. Super-sized 2 car garage too! Gorgeous property boasting manicured yard, lush landscaping, well established neighborhood, close to Rte. 460, Shopping, Doctors & Universities. In 2015-Drive re-sealed, appliances, 2 garage doors, gas logs, carpeting, light fixtures & more!

Last Agent to Sell the Property

April Bailey

RE/MAX 1st Olympic License #225178771 Listed on: 05/15/2017

RE/MAX 1st Olympic

Last Buyer's Agent

Nadine Blakely

Re/Max 1st Olympic License #0225103715

Re/Max 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1985

Lot Details

  • 0.48 Acre Lot
  • Landscaped

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 3,286 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Den with Fireplace
  • Game Room
  • Workshop
  • Utility Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Workshop
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 5 Garage Spaces | 2 Attached and 3 Detached
  • Basement Garage
  • Workshop in Garage
  • Garage Door Opener

Location

  • Property is near a golf course

Schools

  • Leesville Road Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Farfields Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20D-8-16

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,224

Year Built

Built in 1985

Lot Details

0

Listing Details

  • FILLACRES: 0.4820
  • Directions: Timberlake Rd (West end) to Left into Farfields Subdivision. Turn Left onto Farfields Dr. Home on R at sign.
  • ElementarySchool4: Leesville Road Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 20996.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 20D-8-16
  • Year Built: 1985
  • Detached Garage: 3 Car
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 28.000
  • Officeden Wid: 28.000
  • Foyer Area: 91.000000
  • Laundryroom Dim: 16.000 x 7.000
  • Laundryroom Len: 16.000
  • Living Room Dim: 17.000 x 13.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 272.000000
  • Master Bedroom Dim: 16.000 x 17.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 17.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 132.000000
  • Other Room1 Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: FARFIELDS LOT #16 SEC B
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 14x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 168.000000
  • Above Grade Finished Sq Ft: 2015.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Garage, Heated, Interior Entrance, Walkout, Workshop
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 20x13 Level: Level 1 Above Grade
  • Den: 28x28 Level: Below Grade
  • Family Room: 16x16 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Den, Gas Log, Great Room
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Foyer: 13x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Rods, Smoke Alarm, Walk-In Closet(s), Workshop
  • Dining Kitchen: 16x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Laundry Room: 16x7 Level: Below Grade
  • Living Room: 17x13 Level: Level 1 Above Grade
  • Master Bedroom: 16x17 Level: Level 1 Above Grade
  • Other Room 1: 12x11 Level: Below Grade
  • Porch: 40x5 Level: Level 1 Above Grade
  • Additional Room 1 Description: Utility Room
  • Den Area: 784.000000
  • FamilyRoom Area: 256.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 192.000000
  • Laundry Room Area: 112.000000
  • LivingRoom Area: 221.000000
  • Est Other Room1 Dim: 12.000 x 11.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: Lot 16
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Landscaped, Storm Doors, Satellite Dish, Undergrnd Utilities, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, In Basement, Workshop
  • Garage Area: 616.000000
  • Garage Dim: 28.000 x 22.000
  • GarageLen: 28.000
  • GarageWid: 22.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Farfields

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 3286.00
  • Zoning: R

Tax Info

  • Estimated Taxes: 1224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jul 28, 2017
Sold by
Evans Gry L and Evans Rose C
Bought by
Spalding John L and Spalding Stephanie H
Seller's Agent
April Bailey
RE/MAX 1st Olympic
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$269,900
Sold Price
$253,000
Premium/Discount to List
-$16,900
-6.26%
Current Estimated Value
$434,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,801
Avg. Annual Appreciation
7.07%
Original Mortgage
$202,000
Outstanding Balance
$169,132
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$269,404

Purchase Details

Listed on
Apr 4, 2015
Closed on
May 7, 2015
Sold by
Stanley Edwin R
Bought by
Evans Gary L
Seller's Agent
Pat Whitehouse
Re/Max 1st Olympic
Buyer's Agent
April Bailey
RE/MAX 1st Olympic
List Price
$239,900
Sold Price
$231,500
Premium/Discount to List
-$8,400
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$219,925
Interest Rate
3.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spalding John L $253,000 Chicago Title
Evans Gary L $231,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spalding John L $40,000
Open Spalding John L $202,000
Previous Owner Evans Gary L $219,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $253,000 -6.3% $77 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $269,900 +16.6% $82 / Sq Ft
05/28/2015 05/28/15 Sold $231,500 -3.5% $70 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
04/04/2015 04/04/15 For Sale $239,900 -- $73 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

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
2025 $1,606 $356,900 $45,000 $311,900
2024 $1,606 $356,900 $45,000 $311,900
2023 $1,606 $356,900 $45,000 $311,900
2022 $1,314 $252,600 $25,000 $227,600
2021 $1,314 $252,600 $25,000 $227,600
2020 $1,314 $235,400 $30,300 $205,100
2019 $1,314 $252,600 $25,000 $227,600
2018 $1,224 $235,400 $30,300 $205,100
2017 $1,224 $235,400 $30,300 $205,100
2016 $1,224 $235,400 $30,300 $205,100
2015 -- $235,400 $30,300 $205,100
2014 -- $228,900 $30,300 $198,600
Source: Public Records

Agents Affiliated with this Home

  • April Bailey

    Seller's Agent in 2017

    April Bailey

    RE/MAX

    (434) 665-5385

    3 in this area

    91 Total Sales

    Section Image
  • Nadine Blakely

    Buyer's Agent in 2017

    Nadine Blakely

    RE/MAX

    (434) 444-2226

    18 in this area

    401 Total Sales

    Section Image

  • P

    Seller's Agent in 2015

    Pat Whitehouse

    RE/MAX

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 305331

APN: 020D-08000-016-0

Virginia Campbell County Lynchburg 24502 Timberlake

1040 Farfields Dr, Lynchburg, VA

This home is located at 1040 Farfields Dr, Lynchburg, VA 24502 since 15 May 2017 and is currently estimated at $434,801, approximately $132 per square foot. This property was built in 1985. 1040 Farfields Dr is a home located in Campbell County with nearby schools including Tomahawk Elementary School, Brookville Middle School, and Brookville High School.

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