NOT LISTED FOR SALE

161 Belmont Place Lynchburg, VA 24502

Timberlake Neighborhood

Estimated Value: $371,760 - $388,000

5 Beds
2 Baths
2,798 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $365,000 $130 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,164/month

34 Days on Market

Highlights

  • Multiple Fireplaces
  • Main Floor Bedroom
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • Garden

About This Home

As of August 2024

Welcome Home; you cannot find a more Convenient Location and at the Cul-de-sac no less! Seemingly right in the middle of town; but you will actually get Campbell County Taxes and Brookville Schools. This extremely well maintained turnkey home is ready for you to build all of your new memories. Perfect size for the growing family or plenty of space to expand for the new family. Entering your new home you will be greeted with Hardwood Floors and custom rails on the stairs. There are 2 fireplaces in the home, one is in a bedroom upstairs; what a nice touch! The basement is a blank slate; make it your own while you build even more value and equity. You will enjoy the fenced back yard, safe for the little ones and fur babies. You will find the shed perfect as well. This one will not last long; so request your private tour, Today!

Last Agent to Sell the Property

Schyler Higgins

Cornerstone Realty Group Inc. License #0225221808 Listed on: 06/08/2024

Last Buyer's Agent

Amber Magalis

Keller Williams License #0225258537

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,179

Year Built

  • Built in 1971

Lot Details

  • 0.52 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden
  • Property is zoned R1

Home Design

  • Shingle Roof

Interior Spaces

  • 2,798 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathtub Includes Tile Surround

Basement

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

Schools

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

Utilities

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

Community Details

  • Belmont Acres Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 002087900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,179

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Directions: Timberlake Rd, turn left @ Whitestone (at Arbys) turn right an Arrowhead, left on Belmont Place, house on right near end of culdesac.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1971
  • Garage Yn: No
  • Foyer Area: 136.000000
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Belmont Acres
  • Above Grade Finished Sq Ft: 2798.00
  • Architectural Style: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance
  • Breakfast Area: 11x14 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Formal Dining: 11x14 Level: Level 1 Above Grade
  • Foyer: 8x17 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Main Level Bedroom, Separate Dining Room, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 9x14 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 14x17 Level: Level 1 Above Grade
  • Master Bedroom: 12x18 Level: Level 1 Above Grade
  • Porch: 7x16 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Fireplace: 2 Fireplaces
  • Stories: Two
  • Fifth Bedroom: 12x11 Level: Level 1 Above Grade
  • Third Bedroom: 14x11 Level: Level 2 Above Grade
  • Fourth Bedroom: 14x13 Level: Level 1 Above Grade
  • Second Bedroom: 14x11 Level: Level 2 Above Grade
  • Room Bedroom5 Area: 132.000000
  • Room Bedroom3 Area: 154.000000
  • Room Master Bedroom Area: 216.000000
  • Room Bedroom4 Area: 182.000000
  • Room Kitchen Area: 126.000000
  • Room Living Room Area: 238.000000
  • Room Bedroom2 Area: 154.000000
  • MasterBedroomDimensions Dim: 12.000 x 18.000
  • Kitchen Dim: 9.000 x 14.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 18.000

Exterior Features

  • Lot Number: Lot 18
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Front Porch, Paved Drive, Fenced Yard, Garden Space, Landscaped
  • Patio: 18x8 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: County

Schools

  • Elementary School: Leesville Road Elem
  • High School: Brookville High
  • Middle School: Brookville Midl
  • Junior High Dist: Campbell

Lot Info

  • Zoning: R1
  • Acres: 0.5200
  • Lot Size Sq Ft: 22651.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 002087900
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1179

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Aug 15, 2024
Sold by
Ernst Martin L and Ernst Janie M
Bought by
Arrington Brayden
Seller's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
Buyer's Agent
Amber Magalis
Keller Williams
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%
Views
189
Current Estimated Value
$379,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,440
Avg. Annual Appreciation
9.38%
Original Mortgage
$358,388
Outstanding Balance
$355,343
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$44,980

Purchase Details

Closed on
Jun 29, 2011
Sold by
Mitchem Jerry W
Bought by
Ernst Martin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Arrington Brayden $365,000 Old Republic National Title In
Ernst Martin L $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrington Brayden $358,388
Previous Owner Ernst Martin L $164,400
Previous Owner Ernst Martin L $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $365,000 -2.6% $130 / Sq Ft
07/13/2024 07/13/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $374,900 -- $134 / 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 $1,150 $255,500 $40,000 $215,500
2024 $1,150 $255,500 $40,000 $215,500
2023 $1,150 $255,500 $40,000 $215,500
2022 $1,179 $226,700 $28,000 $198,700
2021 $1,179 $226,700 $28,000 $198,700
2020 $1,179 $195,800 $25,000 $170,800
2019 $1,179 $226,700 $28,000 $198,700
2018 $1,018 $195,800 $25,000 $170,800
2017 $1,018 $195,800 $25,000 $170,800
2016 $1,018 $195,800 $25,000 $170,800
2015 -- $195,800 $25,000 $170,800
2014 -- $191,300 $25,000 $166,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Schyler Higgins

    Cornerstone Realty Group Inc.

    Section Image

  • A

    Buyer's Agent in 2024

    Amber Magalis

    Keller Williams

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352786

APN: 20D-6-18

Virginia Campbell County Lynchburg 24502 Timberlake

161 Belmont Place, Lynchburg, VA

This home is located at 161 Belmont Place, Lynchburg, VA 24502 since 08 June 2024 and is currently estimated at $379,440, approximately $135 per square foot. This property was built in 1971. 161 Belmont Place is a home located in Campbell County with nearby schools including Leesville Road Elementary School, Brookville Middle School, and Brookville High School.

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