NOT LISTED FOR SALE

1290 Rainbow Forest Dr Lynchburg, VA 24502

Timberlake Neighborhood

Estimated Value: $323,000 - $357,000

3 Beds
3 Baths
2,844 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 11, 2022

Last sale price $248,000 $87 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,961/month

7 Days on Market

Highlights

  • Multiple Fireplaces
  • Wet Bar
  • Garden
  • Ranch Style House
  • En-Suite Primary Bedroom
  • Carpet

About This Home

As of January 2022

Spacious, one level living ranch in Campbell County! You'll love the large living room, sunroom, laundry room, three bedrooms and two full bathrooms all on the main level! The Hall Bath includes a sit-in-jaccuzzi tub / shower. Downstairs you will find a generously sized rec room with wet bar, a 4th bedroom option, an additional room, and unfinished space perfect for storage or workshop! Added benefits of this home are the 30-year Architectual shingles, newer vinyl double hung / tilt insulated glass windows, a paved drive, a level and fenced in yard, storage shed, and the energy efficient 18 SEER Trane heat pump! Septic tank was pumped three years ago. Schedule your showing today! *Agents, please view agent remarks for showing instructions. *

Last Agent to Sell the Property

Karl Miller

Karl Miller Realty LLC License #0225246610 Listed on: 12/08/2021

Last Buyer's Agent

Liesel Lancaster

Lauren Bell Real Estate, Inc. License #0225190541

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1966

Lot Details

  • 0.7 Acre Lot
  • Garden

Parking

  • 1 Carport Space

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,844 Sq Ft Home
  • Wet Bar
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 11A-6-5-11

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,032

Year Built

Built in 1966

Lot Details

0

Listing Details

  • FILLACRES: 0.7001
  • Directions: Timberlake Rd to Laxton, continue to Rainbow Forest. Home will be on the right.
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 30496.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11A-6-5-11
  • Year Built: 1966
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 24.750000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.500 x 13.000
  • Livingroom Len: 20.500
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 175.500000
  • Master Bedroom Dim: 13.500 x 13.000
  • Masterbedroom Len: 13.500
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 136.500000
  • Other Room1 Len: 13.000
  • Sun Room Len: 12.500
  • 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: RAINBOW FOREST LOT 11 BK 5 SEC
  • Reciprocal Listing: No
  • Second Bedroom: 12.50x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 137.500000
  • Third Bedroom: 10x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 100.000000
  • Fourth Bedroom: 14.50x12 Level: Below Grade
  • Fourth Bedroom Area: 174.000000
  • Above Grade Finished Sq Ft: 1580.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance
  • Flooring: Carpet, Laminate
  • Year Built Exception: 0
  • Fireplace: 2 Fireplaces, Wood Burning
  • Formal Dining: 11x11 Level: Level 1 Above Grade
  • Foyer: 5.50x4.50 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Main Level Bedroom, Master Bed w/ Bath, Wet Bar, Other
  • Dining Kitchen: 11x9.50 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Main Level, Washer Connections
  • Living Room: 20.50x13 Level: Level 1 Above Grade
  • Master Bedroom: 13.50x13 Level: Level 1 Above Grade
  • Other Room 1: 13x10.50 Level: Below Grade
  • Rec Room: 24.50x21 Level: Below Grade
  • Sun Room: 12.50x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 104.500000
  • LivingRoom Area: 266.500000
  • Est Other Room1 Dim: 13.000 x 10.500
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 514.500000
  • Rec Room Dim: 24.500 x 21.000
  • Sun Room Area: 150.000000
  • Sunroom Dim: 12.500 x 12.000

Exterior Features

  • Lot Number: 11
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space

Garage/Parking

  • CarportParking: 1 Car
  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2844.00

Tax Info

  • Estimated Taxes: 1032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 10, 2022
Sold by
Edwin H Williams Revocable Living Trust
Bought by
Solomon Way Properties Llc
Seller's Agent
Karl Miller
Karl Miller Realty LLC
Buyer's Agent
Liesel Lancaster
Lauren Bell Real Estate, Inc.
List Price
$259,900
Sold Price
$248,000
Premium/Discount to List
-$11,900
-4.58%
Current Estimated Value
$342,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,080
Avg. Annual Appreciation
9.32%
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
Solomon Way Properties Llc $248,000 Old Republic Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2022 01/11/22 Sold $248,000 -4.6% $87 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $259,900 -- $91 / 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 $1,160 $257,800 $45,000 $212,800
2024 $1,160 $257,800 $45,000 $212,800
2023 $1,160 $257,800 $45,000 $212,800
2022 $1,032 $198,400 $24,000 $174,400
2021 $1,032 $198,400 $24,000 $174,400
2020 $1,032 $178,800 $24,000 $154,800
2019 $1,032 $198,400 $24,000 $174,400
2018 $930 $178,800 $24,000 $154,800
2017 $930 $178,800 $24,000 $154,800
2016 $930 $178,800 $24,000 $154,800
2015 -- $178,800 $24,000 $154,800
2014 -- $170,700 $22,000 $148,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karl Miller

    Karl Miller Realty LLC

    Section Image

  • L

    Buyer's Agent in 2022

    Liesel Lancaster

    Lauren Bell Real Estate, Inc.

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335513

APN: 11A-6-5-11

Virginia Campbell County Lynchburg 24502 Timberlake

1290 Rainbow Forest Dr, Lynchburg, VA

This home is located at 1290 Rainbow Forest Dr, Lynchburg, VA 24502 since 08 December 2021 and is currently estimated at $342,080, approximately $120 per square foot. This property was built in 1966. 1290 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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