289 Independence Cir Forest, VA 24551
Timberlake AreaEstimated payment $1,668/month
About This Home
Rare investment opportunity in Forest, VA! 289 Independence Cir is uniquely positioned as the only duplex in a quiet, established single-family neighborhood. The property features excellent, long-term tenants (~24 and 15 years) who wish to stay, ensuring immediate stability. Unit A (Left Side) is leased at $650/month through February 1, 2027, and the tenant handles all grass and leaf maintenance, keeping your operating expenses low. Unit B (Right Side) is leased at $700/month through September 30, 2026. Capital improvements offer major peace of mind: the roof was replaced by Cenvar in August 2015, the Unit A HVAC was replaced in 2018, and the Unit B HVAC was replaced in 2019 (both by Jordan Mechanical). Additionally, the septic system was completely serviced in November 2025 (lines flushed, tank pumped, and distribution box cleaned) and pumped again in April 2026. Don't miss this low-maintenance, income-generating gem in a prime location. Schedule your showing today! Sold As-Is
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $732
Year Built
- Built in 1979
Lot Details
- 19,994 Sq Ft Lot
Parking
- Over 1 Space Per Unit
Home Design
- 1,850 Sq Ft Home
Flooring
- Wood
- Carpet
- Vinyl
Schools
- Tomahawk Elementary School
- Brookville Midl Middle School
- Brookville High School
Utilities
- Heat Pump System
- Electric Water Heater
- Septic Tank
Community Details
- 1 Separate Water Meter
- Net Lease
- Insurance Expense $800
- Water Sewer Expense $53
- New Taxes Expense $732
- Gross Income $16,200
Listing and Financial Details
- Assessor Parcel Number 20A214
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $733 | $162,800 | $30,000 | $132,800 |
| 2024 | $733 | $162,800 | $30,000 | $132,800 |
| 2023 | $733 | $162,800 | $30,000 | $132,800 |
| 2022 | $729 | $140,100 | $26,000 | $114,100 |
| 2021 | $729 | $140,100 | $26,000 | $114,100 |
| 2020 | $729 | $134,800 | $26,000 | $108,800 |
| 2019 | $729 | $140,100 | $26,000 | $114,100 |
| 2018 | $701 | $134,800 | $26,000 | $108,800 |
| 2017 | $701 | $134,800 | $26,000 | $108,800 |
| 2016 | $701 | $134,800 | $26,000 | $108,800 |
| 2015 | -- | $134,800 | $26,000 | $108,800 |
| 2014 | -- | $135,900 | $26,000 | $109,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/15/2026 07/15/26 | For Sale | $295,000 | +137.9% | $159 / Sq Ft | |
| 07/08/2015 07/08/15 | Sold | $124,000 | -11.4% | $67 / Sq Ft | View Prior Sale |
| 07/08/2015 07/08/15 | Pending | -- | -- | -- | |
| 11/06/2014 11/06/14 | For Sale | $139,900 | -- | $76 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $124,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $93,000 | Commercial |
Source: Lynchburg Association of REALTORS®
MLS Number: 368048
APN: 020A-0200A-014-0
- 180 Hydaway Dr
- 801 Goose Meadow Dr
- 504 Goose Meadow Dr
- 1001 Goose Meadow Dr
- 204 Greentree Dr
- 266 Timber Ridge Dr
- 4143 Waterlick Rd
- 404 Paul Revere Dr
- 260 Bob Cir
- 117 Viking Ln
- 1228 Timberlake Dr
- 762 Timberlake Dr
- 1216 Timberlake Dr
- 70 Westfield Dr
- 78 Rowse Dr
- 114 Levi Ln
- 102 Rowse Dr
- 0 Waterlick Rd
- 109 Rowse Dr
- 1090 Timberlake Dr
- 5218 Waterlick Rd
- 118 Rowse Dr
- 159 Mallard Ln
- 139 Rowse Dr
- 64 Maybrook Dr
- 27 Odara Dr
- 23 Kade Ct
- 499 Greenwell Ct
- 3413 Thomas Jefferson Rd
- 16 Duiguid Dr
- 16 Duiguid Dr
- 209 Homewood Dr
- 719 Whitestone Dr Unit B
- 549 Beechwood Dr
- 77 Shelor Dr
- 215 Jefferson Woods Dr
- 120 Clubhouse Dr
- 41 Point Dr
- 18442 Leesville Rd
- 201 Rolling Ridge Dr
Ask me questions while you tour the home.