NOT LISTED FOR SALE

1961 Timberlake Dr Lynchburg, VA 24502

Timberlake Neighborhood

Estimated Value: $298,000 - $387,000

4 Beds
2 Baths
2,928 Sq Ft
$118/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $275,000 $94 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,956/month

3 Days on Market

Highlights

  • Water Access
  • Community Lake
  • Ranch Style House
  • 0.97 Acre Lot
  • Multiple Fireplaces
  • Wood Flooring

About This Home

As of January 2024

LOCATION LOCATION! Home with private Lake Access on Timberlake Dr! Enjoy city convenience with Low county taxes. Home offers recent upgrades such as New HVAC & Heat-Pump(June 2022) with warranty still, new septic drain field with septic already pumped in the spring of 2023, Home is on County water, Roof is only 3 yrs old, home is wired for a generator & hot tub should you wish to add on, shed is wired with electricity , flat leveled yard, plenty of parking including a circular driveway. Updated Kitchen, Basement was used as an apartment previously with its own separate entrance, very spacious bedroom, boat access, kayak or canoe on the lake, beach area for swimming in the summer, & fishing without buying into the HOA for only $100 per year, This home has tons to offer, DON'T WAIT!

Last Agent to Sell the Property

Florence Kilonzo

John Stewart Walker, Inc License #0225219160 Listed on: 12/14/2023

Last Buyer's Agent

Lolly Baker

Mark A. Dalton & Co., Inc. License #0225237873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1958

Lot Details

  • 0.97 Acre Lot
  • Privacy Fence
  • Garden

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,928 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Workshop
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Apartment Living Space in Basement

Parking

  • Circular Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 20H1WQD127

Home Details

Home Type

Single Family

Est. Annual Taxes

$897

Year Built

Built in 1958

Lot Details

0

Listing Details

  • FILLACRES: 0.9663
  • AssocFeeOptional: None
  • BuildingOnProperty: Storage Building
  • Directions: Waterlick Rd to Jefferson Manor Dr to left on Bumgarner Dr to left on Windcrest Dr to right onto Timberlake Dr 1.2 mile to 1961 Timberlake Dr home on your right (with red roof)
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Internet Providers: Comcast/Xfinity, Lumos, Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 42092.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 20H1WQD127
  • Year Built: 1958
  • Heating System: Electric Baseboard, Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 169.000000
  • Master Bedroom Dim: 13.000 x 13.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 13.000
  • 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)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: W QD, TIMBERLAKE - LOT 127
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 11x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 121.000000
  • Fourth Bedroom: 14x10 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 140.000000
  • Above Grade Finished Sq Ft: 2928.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Apartment, Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Slab
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 2 Fireplaces, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Apartment, Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Main Level Den, Workshop
  • Laundry: Laundry Room, Separate Laundry Rm.
  • Master Bedroom: 13x13 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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: 127
  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Circular Drive, Paved Drive, Privacy Fence, Garden Space, Lake Nearby, Water Access

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

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2928.00

Tax Info

  • Estimated Taxes: 897

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Jan 10, 2024
Sold by
Page Charlotte A
Bought by
Neale Genevieve G
Seller's Agent
Florence Kilonzo
John Stewart Walker, Inc
Buyer's Agent
Lolly Baker
Mark A. Dalton & Co., Inc.
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Total Days on Market
3
Views
39
Current Estimated Value
$344,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,332
Avg. Annual Appreciation
18.16%
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
Neale Genevieve G $275,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alderman Sandra J $170,940
Previous Owner Alderman Robert N $50,000
Previous Owner Alderman Sandra J $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $275,000 -4.8% $94 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
12/14/2023 12/14/23 For Sale $289,000 +49.0% $99 / Sq Ft
08/04/2020 08/04/20 Sold $194,000 +2.2% $69 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $189,900 -- $67 / 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 $996 $221,400 $29,700 $191,700
2024 $996 $221,400 $29,700 $191,700
2023 $996 $221,400 $29,700 $191,700
2022 $897 $172,500 $29,700 $142,800
2021 $897 $172,500 $29,700 $142,800
2020 $897 $160,700 $29,700 $131,000
2019 $897 $172,500 $29,700 $142,800
2018 $836 $160,700 $29,700 $131,000
2017 $836 $160,700 $29,700 $131,000
2016 $836 $160,700 $29,700 $131,000
2015 -- $160,700 $29,700 $131,000
2014 -- $158,700 $29,700 $129,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    Florence Kilonzo

    John Stewart Walker, Inc

    Section Image

  • L

    Buyer's Agent in 2024

    Lolly Baker

    Mark A. Dalton & Co., Inc.

    (434) 333-5688

    20 in this area

    166 Total Sales

    Lolly Baker
    Section Image

  • s

    Seller's Agent in 2020

    scott Bonheim

    Alliance Realty Group

    Section Image
  • Meredith Ford

    Buyer's Agent in 2020

    Meredith Ford

    OUT OF AREA BROKER

    (434) 385-8760

    40 in this area

    2,714 Total Sales

    Meredith Ford
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 349623

APN: 020H-01WQD-127-0

Virginia Campbell County Lynchburg 24502 Timberlake

1961 Timberlake Dr, Lynchburg, VA

This home is located at 1961 Timberlake Dr, Lynchburg, VA 24502 since 14 December 2023 and is currently estimated at $344,332, approximately $117 per square foot. This property was built in 1958. 1961 Timberlake 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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