NOT LISTED FOR SALE

311 Cornerstone St Lynchburg, VA 24502

Cornerstone Neighborhood

Estimated Value: $401,000 - $436,000

3 Beds
2 Baths
1,870 Sq Ft
$222/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $235,000 $126 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,560/month

92 Days on Market

Highlights

  • Mountain View
  • Community Pool
  • Walk-In Closet
  • Wood Flooring
  • Formal Dining Room
  • Laundry Room

About This Home

As of June 2012

New Construction in Cornerstone! Ease of living home featuring a brick, stone and vinyl shake and siding exterior with attached two car garage with an enclosed storage area. The living area is open to the dining room and kitchen and boasts hardwood flooring and beautiful cabinetry, granite countertops and stainless steel package. Master bedroom features large bath with ceramic tile and huge walk-in closet. Two additional bedrooms and full bath complete this wonderful one level living home with all Cornerstone amenities. Enjoy all the amenities Cornerstone has to offer including high speed fiber optic network, sidewalks, common green spaces, playgrounds, 25 acre Borel Park with walking trails and new salt water pool. The commercial division including restaurants is already underway! Cornerstone...a community for the modern lifestyle...awaits you!

Last Agent to Sell the Property

Tina Friar

Keller Williams License #0225171434 Listed on: 02/08/2012

Keller Williams

Co-Listed By

Teresa Grant

Keller Williams License #0225087218

Keller Williams

Last Buyer's Agent

Teresa Grant

Keller Williams License #0225087218

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 2012

Lot Details

  • 4,704 Sq Ft Lot
  • Landscaped

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,870 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

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

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include neighborhood lights, playground, pool, road maintenance, snow removal, trash
  • Cornerstone Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 2012

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • FILLACRES: 0.1080
  • AssocFeeOptional: Required
  • Directions: Timberlake Rd. to Greenview Dr., Cornerstone entrance on the left.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 4704.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2012
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Other, See Remarks
  • Foyer Area: 50.000000
  • Laundryroom Dim: 5.000 x 7.000
  • Laundryroom Len: 5.000
  • Living Room Dim: 20.000 x 17.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 17.000
  • Masterbedroom Area: 260.000000
  • Master Bedroom Dim: 13.000 x 20.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 20.000
  • 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: 3
  • Broker Approved: Yes
  • Legal Description: Cornerstone, BLK K, LOT K8
  • Reciprocal Listing: No
  • Second Bedroom: 12x14 Level: Level 1 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 11x14 Level: Level 1 Above Grade
  • Third Bedroom Area: 154.000000
  • Above Grade Finished Sq Ft: 1870.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Self Cleaning Oven
  • Has Attic: Pull Down
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Formal Dining: 13x18 Level: Level 1 Above Grade
  • Foyer: 10x5 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Drywall, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 11x14 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 5x7 Level: Level 1 Above Grade
  • Living Room: 20x17 Level: Level 1 Above Grade
  • Master Bedroom: 13x20 Level: Level 1 Above Grade
  • Porch: 5x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 154.000000
  • Laundry Room Area: 35.000000
  • LivingRoom Area: 340.000000
  • 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

  • Lot Number: Lot 8
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Concrete Drive, Landscaped, Insulated Glass, Undergrnd Utilities, Mountain Views, Other
  • Patio: 10x8 Level: Level 1 Above Grade

Garage/Parking

  • Garage Area: 528.000000
  • Garage Dim: 22.000 x 24.000
  • GarageLen: 22.000
  • GarageWid: 24.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Neighborhood Lights, Playground, Pool, Road Maintenance, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 65.00
  • Subdivision Complex: Cornerstone

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1870.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2012
Closed on
Apr 24, 2012
Sold by
Borel Construction Company Inc
Bought by
Mcmillan John P and Mcmillan Lee Ann
Seller's Agent
Tina Friar
Keller Williams
Buyer's Agent
Teresa Grant
Keller Williams
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Current Estimated Value
$415,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,445
Avg. Annual Appreciation
4.31%
Original Mortgage
$211,500
Outstanding Balance
$148,781
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$262,608

Purchase Details

Closed on
Mar 2, 2012
Sold by
Jbo Llc
Bought by
Borel Construction Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Outstanding Balance
$148,781
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$262,608
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
Mcmillan John P $235,000 Reliance Title And Settlemen
Borel Construction Co Inc $52,500 Reliance Title And Settlemen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmillan John P $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $235,000 -2.0% $126 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $239,900 -- $128 / 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
2024 $2,837 $318,800 $50,000 $268,800
2023 $2,837 $318,800 $50,000 $268,800
2022 $2,769 $268,800 $50,000 $218,800
2021 $2,984 $268,800 $50,000 $218,800
2020 $2,776 $250,100 $50,000 $200,100
2019 $2,776 $250,100 $50,000 $200,100
2018 $2,469 $222,400 $45,000 $177,400
2017 $2,469 $222,400 $45,000 $177,400
2016 $2,469 $222,400 $45,000 $177,400
2015 $2,469 $222,400 $45,000 $177,400
2014 $2,469 $222,400 $45,000 $177,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tina Friar

    Keller Williams

    Section Image
  • Teresa Grant

    Seller Co-Listing Agent in 2012

    Teresa Grant

    Keller Williams

    (434) 546-3202

    6 in this area

    289 Total Sales

    Teresa Grant
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 270811

APN: 263-15-587

Virginia Lynchburg City County Lynchburg 24502 Cornerstone

311 Cornerstone St, Lynchburg, VA

This home is located at 311 Cornerstone St, Lynchburg, VA 24502 since 08 February 2012 and is currently estimated at $415,445, approximately $222 per square foot. This property was built in 2012. 311 Cornerstone St is a home located in Lynchburg City with nearby schools including Heritage Elementary School, Sandusky Middle School, and Heritage High School.

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