NOT LISTED FOR SALE

Estimated Value: $269,423 - $300,000

3 Beds
2.5 Baths
1,284 Sq Ft
$224/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $250,000 $195 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,813/month

24 Days on Market

Highlights

  • Community Pool
  • Tile Flooring
  • Landscaped
  • Laundry Room
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of June 2022

Perfect for Investor & homeowners alike! This stunning and well-maintained 3BR/2.5BA two story luxury townhome is located within the highly desired community of Cornerstone and is perfect for the investor looking to expand their portfolio with a spectacular tenant-occupied (leased through June 30, 2022). The exterior is highlighted by its gorgeous stone siding, covered back patio with storage room and private concrete driveway behind the home. This townhouse boasts tile, carpet and hardwood design laminate floors as well as granite counter tops throughout. The main level's open floor plan offers: Welcoming foyer, spacious family room with bay window, stunning kitchen with breakfast area and access to back patio, half BA & laundry closet. The 2nd level is comprised of: Master suite with attached full BA, two additional BDs and shared hall full BA. Conveniently located to shopping, restaurants, LU bus line, churches, community pool. The community pool is available for a small yearly fee!

Last Agent to Sell the Property

Teresa Grant

Keller Williams License #0225087218 Listed on: 04/01/2022

Keller Williams

Last Buyer's Agent

Barbara Peluso Terzakos

Mark A. Dalton & Co., Inc. License #0225241335

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 2013

Lot Details

  • 2,004 Sq Ft Lot
  • Landscaped

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,284 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

  • Heritage Elementary School
  • Sandusky Midl Middle School
  • Heritage High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26315645

Community Details

Overview

  • Association fees include exterior maintenance, fiber optics, grounds maintenance, neighborhood lights, snow removal, trash
  • Cornerstone Attached Homes Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,900

Year Built

Built in 2013

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • FILLACRES: 0.0460
  • AssocFeeOptional: Required
  • Directions: Take Greenview Dr to Cornerstone St; Turn left on Rotunda St; turn left on Portico St; Home on the right. To Show 24 Hour Notification, Appointment Only, Text Agent, Occupied, Restricted Hours, Coded Lockbox, Tenants, Text Listing Agent
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Internet Providers: Lumos
  • Lot Measurement: Acres
  • Lot Sq Ft: 2004.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 26315645
  • Year Built: 2013
  • Heating System: Heat Pump
  • Building Stories: Two
  • Foyer Area: 84.000000
  • Laundryroom Dim: 6.000 x 3.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 17.000 x 15.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 180.000000
  • Master Bedroom Dim: 15.000 x 12.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: CORNERSTONE, BLK G, LOT 32
  • Reciprocal Listing: No
  • Second Bedroom: 12x9 Level: Level 2 Above Grade
  • Second Bedroom Area: 108.000000
  • Third Bedroom: 11x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1284.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Other
  • Has Basement: Slab
  • Breakfast Area: 15x8 Level: Level 1 Above Grade
  • Flooring: Carpet, Laminate, Tile
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Foyer: 12x7 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Master Bed w/ Bath, Smoke Alarm
  • Dining Kitchen: 15x11 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 6x3 Level: Level 1 Above Grade
  • Living Room: 17x15 Level: Level 1 Above Grade
  • Master Bedroom: 15x12 Level: Level 2 Above Grade
  • Porch: 4x4 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 165.000000
  • Laundry Room Area: 18.000000
  • LivingRoom Area: 255.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Concrete Drive, Landscaped, Insulated Glass, Undergrnd Utilities
  • 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: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Fiber Optics, Grounds Maintenance, Neighborhood Lights, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 125.00
  • Subdivision Complex: Cornerstone-Attached Homes

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1284.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 25, 2022
Sold by
Clingman Family Revocable Trust and Clingman Todd David
Bought by
Wallace Peter James and Wallace Deborah Lynn
Seller's Agent
Teresa Grant
Keller Williams
Buyer's Agent
Barbara Peluso Terzakos
Mark A. Dalton & Co., Inc.
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$287,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,356
Avg. Annual Appreciation
4.05%
Original Mortgage
$135,000
Outstanding Balance
$128,085
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$159,271

Purchase Details

Closed on
Feb 4, 2022
Sold by
David Clingman Todd and David Mary Kathleen
Bought by
Clingman Family Revocable Trust

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 25, 2021
Sold by
Askew Jennings B
Bought by
Clingman Todd David and Clingman Kathleen Mary
Seller's Agent
Dave Marple
BHHS Dawson Ford Garbee
Buyer's Agent
Teresa Grant
Keller Williams
List Price
$218,000
Sold Price
$225,000
Premium/Discount to List
$7,000
3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$179,920
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jan 17, 2018
Sold by
T P B Enterprises Llc
Bought by
Askew Jennings B
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Jason Batton
Keller Williams
List Price
$169,900
Sold Price
$164,900
Premium/Discount to List
-$5,000
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$115,430
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Wallace Peter James $250,000 Commonwealth Title
Clingman Family Revocable Trust -- A R Pike Law Firm
Clingman Todd David $225,000 Pike Title
Askew Jennings B $164,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Peter James $135,000
Previous Owner Clingman Todd David $179,920
Previous Owner Askew Jennings B $115,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2022 06/03/22 Sold $250,000 0.0% $195 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $249,900 +11.1% $195 / Sq Ft
10/26/2021 10/26/21 Sold $225,000 +3.2% $175 / Sq Ft View Prior Sale
09/27/2021 09/27/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $218,000 +32.2% $170 / Sq Ft
01/17/2018 01/17/18 Sold $164,900 -2.9% $109 / Sq Ft View Prior Sale
11/14/2017 11/14/17 Pending -- -- --
11/14/2017 11/14/17 For Sale $169,900 -- $113 / 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 $2,114 $251,700 $26,000 $225,700
2024 $2,018 $226,700 $26,000 $200,700
2023 $2,018 $226,700 $26,000 $200,700
2022 $1,763 $171,200 $26,000 $145,200
2021 $1,425 $171,200 $26,000 $145,200
2020 $1,758 $158,400 $26,000 $132,400
2019 $1,758 $158,400 $26,000 $132,400
2018 $1,476 $133,000 $26,000 $107,000
2017 $1,476 $133,000 $26,000 $107,000
2016 $1,476 $133,000 $26,000 $107,000
2015 $1,476 $26,000 $26,000 $0
2014 $1,476 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 337366

APN: 263-15-645