NOT LISTED FOR SALE

1240 Rainbow Forest Dr Lynchburg, VA 24502

Timberlake Neighborhood

Estimated Value: $297,000 - $331,000

3 Beds
2 Baths
1,932 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $230,000 $119 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,803/month

43 Days on Market

Highlights

  • Tennis Courts
  • Main Floor Bedroom
  • Game Room
  • Property is near a clubhouse
  • Great Room
  • Community Pool

About This Home

As of June 2020

Rainbow Forest & Brookville Schools! 1st Time on the Market. This Lovely home offers Open Floor Plan with new deck and large flat yard. Upper Level Features 2 Bedrooms, 1 Full Bath, Great Room with updated Kitchen. The Ground Level Features a Large Den adjacent via Sliding Glass Door to Patio and Great Yard. Groud level offers another Bedroom, Full Bath, Office w/Laundry Closet & Storage! MOVE IN Ready - New Neutral Paint through-out & Light Fixtures. Outside just cleaned by All Washed Up! Don't Miss This one!

Last Agent to Sell the Property

Kathy Carson

Mark A. Dalton & Co., Inc. License #0225064345 Listed on: 04/07/2020

Last Buyer's Agent

Alicia Adams

Divine Fog Realty Company LLC License #0225245044

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $908

Year Built

  • Built in 1998

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned R1

Home Design

  • Split Foyer
  • Shingle Roof

Interior Spaces

  • 1,932 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Game Room
  • Storm Doors

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Storage In 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

Outdoor Features

  • Tennis Courts
  • Outdoor Storage

Location

  • Property is near a clubhouse

Schools

  • Tomahawk Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11A-6-5-8

Community Details

Overview

  • Rainbow Forest Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$908

Year Built

Built in 1998

Lot Details

0

Listing Details

  • FILLACRES: 0.4600
  • BuildingOnProperty: Storage Building
  • Directions: 460 W to Rt on Laxton - Road turns into Rainbow Forest Dr at Wyndhurst Stop Light @ Enterprise Dr.
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 20038.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11A-6-5-8
  • Year Built: 1998
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Split Foyer
  • Foyer Area: 77.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 14.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 13.000 x 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Rainbow Forest Lot 8 BK 5 Sec 1
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 14x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 140.000000
  • Above Grade Finished Sq Ft: 1932.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator
  • Has Attic: Access, Scuttle, Storage Only
  • Has Basement: Exterior Entrance, Finished, Full, Game Room, Heated, Interior Entrance, Walkout, Other
  • Flooring: Carpet, Laminate
  • Year Built Exception: 0
  • Deck: 13x11 Level: Level 2 Above Grade
  • Family Room: 24x12 Level: Level 1 Above Grade
  • Foyer: 11x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Walk-In Closet(s)
  • Dining Kitchen: 14x12 Level: Level 2 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 15x14 Level: Level 2 Above Grade
  • Master Bedroom: 14x12 Level: Level 2 Above Grade
  • Office: 13x10 Level: Level 1 Above Grade
  • FamilyRoom Area: 288.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • LivingRoom Area: 210.000000
  • Office Area: 130.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • 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: 8
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Garden Space, Landscaped, Storm Doors, Insulated Glass, Tennis Courts, Tennis Courts Nearby, Club House Nearby
  • Patio: 12x8 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Rainbow Forest

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1932.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Scott Brandy F
Bought by
Scott Brandy F and Brown Quentin
Current Estimated Value
$313,433

Purchase Details

Listed on
Apr 7, 2020
Closed on
May 19, 2020
Sold by
Stone Bradley E and Stone Sherry S
Bought by
Scott Brandy F
Seller's Agent
Kathy Carson
Mark A. Dalton & Co., Inc.
Buyer's Agent
Alicia Adams
Divine Fog Realty Company LLC
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%
Original Mortgage
$213,675
Interest Rate
3.3%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Scott Brandy F -- None Listed On Document
Scott Brandy F $230,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Brandy F $213,675
Previous Owner Stone Sherry S $73,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $230,000 0.0% $119 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $230,000 -- $119 / 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 $1,041 $231,400 $45,000 $186,400
2024 $1,041 $231,400 $45,000 $186,400
2023 $1,041 $231,400 $45,000 $186,400
2022 $908 $174,600 $24,000 $150,600
2021 $908 $174,600 $24,000 $150,600
2020 $908 $160,600 $24,000 $136,600
2019 $908 $174,600 $24,000 $150,600
2018 $835 $160,600 $24,000 $136,600
2017 $835 $160,600 $24,000 $136,600
2016 $835 $160,600 $24,000 $136,600
2015 -- $160,600 $24,000 $136,600
2014 -- $155,100 $22,000 $133,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kathy Carson

    Mark A. Dalton & Co., Inc.

    Section Image

  • A

    Buyer's Agent in 2020

    Alicia Adams

    Divine Fog Realty Company LLC

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323997

APN: 011A-06005-008-0

Virginia Campbell County Lynchburg 24502 Timberlake

1240 Rainbow Forest Dr, Lynchburg, VA

This home is located at 1240 Rainbow Forest Dr, Lynchburg, VA 24502 since 07 April 2020 and is currently estimated at $313,433, approximately $162 per square foot. This property was built in 1998. 1240 Rainbow Forest 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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