151 Homewood Dr Lynchburg, VA 24502
Timberlake NeighborhoodEstimated payment $1,366/month
About This Home
Versatile property! The 5 bed/2.5 bath main house in Campbell Co on .54 acres has a custom electric fireplace in the LR, a large family room, 2 beds/1 bath both upstairs & down, & a bonus ensuite room with an ext entrance~ which can serve as a 5th Br OR office, business, pottery studio~ whatever you want! It also comes with 3 sheds and a chicken coop! New heat pump, water heater, and some replacement windows; Updated electric- 200 amp- and plumbing. PLUS there is a 3 bed/1 bath singlewide in good condition for other family members to live in or to rent out. The house has county water and septic; the SW has a well it's own septic. Great Campbell Co location and schools. Low taxes! As an investment property, this has a huge cash flow potential. Rest assured, financing is already approved for this property with Farmers Bank. At $229,900 this is a steal! Come check it out!
Listing Agent
Susan Murray
Epique Realty License #0225212736 Listed on: 07/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $790
Year Built
- Built in 1954
Lot Details
- 0.54 Acre Lot
Home Design
- 1,839 Sq Ft Home
- Plaster Walls
Flooring
- Wood
- Concrete
- Vinyl
Parking
- On-Street Parking
- Off-Street Parking
Schools
- Tomahawk Elementary School
- Brookville Midl Middle School
- Brookville High School
Utilities
- Heat Pump System
- Electric Water Heater
- Septic Tank
Community Details
- Net Lease
- New Taxes Expense $790
Listing and Financial Details
- Assessor Parcel Number 21B-1-72
Map
Home Values in the Area
Average Home Value in this Area
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 | $5 | $1,100 | $1,100 | $0 |
| 2024 | $5 | $1,100 | $1,100 | $0 |
| 2023 | $5 | $1,100 | $1,100 | $0 |
| 2022 | $6 | $1,100 | $1,100 | $0 |
| 2021 | $6 | $1,100 | $1,100 | $0 |
| 2020 | $6 | $1,100 | $1,100 | $0 |
| 2019 | $6 | $1,100 | $1,100 | $0 |
| 2018 | $691 | $132,800 | $23,100 | $109,700 |
| 2017 | $691 | $132,800 | $23,100 | $109,700 |
| 2016 | $691 | $132,800 | $23,100 | $109,700 |
| 2015 | -- | $132,800 | $23,100 | $109,700 |
| 2014 | -- | $130,400 | $22,000 | $108,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $235,000 | -- | $128 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $125,000 | None Listed On Document | |
| Gift Deed | -- | None Available |
Source: Lynchburg Association of REALTORS®
MLS Number: 360786
APN: 21B-1-71
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