NOT LISTED FOR SALE

36 Preston Place Lynchburg, VA 24502

Timberlake Neighborhood

Estimated Value: $326,000 - $401,000

3 Beds
2.5 Baths
2,772 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $385,000 $139 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,153/month

48 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Garden
  • Formal Dining Room
  • Laundry Room
  • Outdoor Storage

About This Home

As of July 2024

Motivated sellers who are relocating to a new construction. Fully renovated gorgeous home on a spacious lot. Many updates: 2024 Resealed flashing around chimney, added vapor barrier in crawl space, GFCI's added and updated, gutters and downspouts cleaned, updated plumbing in master bath, hall bath, bath was recently renovated. Exterior walk ways and patio were recently pressure washed. 2023 renovated basement den. 2021 New kitchen, bathrooms, flooring, roof, gutters, shutters, water heater, septic tank pumped. The wonderful Farfields community rarely has homes for sale because it's such a pretty welcoming neighborhood. Now is your chance! Located in a cul-de-sac, this home has plenty of parking with two paved drive ways. Entering the home you will be welcomed in the large foyer that flows to the entertaining area on one side of the house and the quiet bedrooms are located on the other side of the house. Call today for your personal tour.

Last Agent to Sell the Property

Preston Davidson

Mark A. Dalton & Co., Inc. License #0225226908 Listed on: 04/26/2024

Last Buyer's Agent

Sarah Thomas

Brownstone Properties License #0225032285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 1964

Lot Details

  • 0.58 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 2,772 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl Plank

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • Garage
  • Basement Garage
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 20D5A1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,144

Year Built

Built in 1964

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: From Timberlake turn on at the light into Farfields. Take a left on Preston Place.
  • Internet Providers: Comcast/Xfinity, Lumos, Shentel
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1964
  • Garage Yn: Yes
  • HalfBathBelowGrade: 1
  • Foyer Area: 121.000000
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 2018.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 10.000 x 6.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Garage, Heated, Interior Entrance
  • Flooring: Hardwood, Vinyl Plank
  • Family Room: 26x13 Level: Below Grade
  • Formal Dining: 14x11 Level: Level 1 Above Grade
  • Foyer: 11x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Separate Dining Room, Smoke Alarm
  • Dining Kitchen: 17x11 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x6 Level: Below Grade
  • Living Room: 21x12 Level: Level 1 Above Grade
  • Master Bedroom: 14x13 Level: Level 1 Above Grade
  • Porch: 12x6 Level: Level 1 Above Grade
  • Sun Room: 27x10 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: 1 Fireplace, Living Room
  • Stories: One
  • Third Bedroom: 16x9 Level: Level 1 Above Grade
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Room Family Room Area: 338.000000
  • Room Bedroom3 Area: 144.000000
  • Room Master Bedroom Area: 182.000000
  • Room Kitchen Area: 187.000000
  • Room Living Room Area: 252.000000
  • Room Bedroom2 Area: 132.000000
  • MasterBedroomDimensions Dim: 14.000 x 13.000
  • Kitchen Dim: 17.000 x 11.000
  • Sunroom Dim: 27.000 x 10.000
  • Master Bedroom Master Bedroom Width: 13.000

Exterior Features

  • Lot Number: 1
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Paved Drive, Garden Space, Landscaped, Storm Windows

Garage/Parking

  • Garage Area: 368.000000
  • Garage Dim: 23.000 x 16.000
  • GarageLen: 23.000
  • GarageWid: 16.000
  • General Property Description:_pound_ Attached Garage Spaces: 1 Car
  • Garage Description: Garage Door Opener, In Basement

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: County

Schools

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

Lot Info

  • Acres: 0.5800
  • Lot Size Sq Ft: 25265.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 20D5A1
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 1144

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 8, 2024
Sold by
Blum Amy K and Rowland Amy Blum
Bought by
Thomas Justin N and Thomas Jamie L
Seller's Agent
Preston Davidson
Mark A. Dalton & Co., Inc.
Buyer's Agent
Sarah Thomas
Brownstone Properties
List Price
$429,000
Sold Price
$385,000
Premium/Discount to List
-$44,000
-10.26%
Views
111
Current Estimated Value
$377,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,324
Avg. Annual Appreciation
-1.69%
Original Mortgage
$365,750
Outstanding Balance
$361,999
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$15,677

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 12, 2021
Sold by
Preston Place Trust
Bought by
Blum Amy K
Seller's Agent
Chris Stokes
Alliance Realty Group
Buyer's Agent
Wanda Robertson
Virginia Homes & Land Realty
List Price
$230,000
Sold Price
$237,400
Premium/Discount to List
$7,400
3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.59%
Original Mortgage
$8,309
Interest Rate
3%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Thomas Justin N $385,000 Blue Ridge Title
Blum Amy K $237,400 Pike Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Justin N $365,750
Previous Owner Rowland Amy B $26,000
Previous Owner Blum Amy K $8,309
Previous Owner Blum Amy K $233,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $385,000 -2.5% $139 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $394,900 -1.3% $142 / Sq Ft
05/23/2024 05/23/24 Price Changed $399,900 -4.6% $144 / Sq Ft
05/20/2024 05/20/24 Price Changed $419,000 -2.3% $151 / Sq Ft
05/17/2024 05/17/24 For Sale $429,000 0.0% $155 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $429,000 +80.7% $155 / Sq Ft
05/17/2021 05/17/21 Sold $237,400 +3.2% $118 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $230,000 -- $114 / 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 $1,144 $254,200 $45,000 $209,200
2024 $1,144 $254,200 $45,000 $209,200
2023 $1,144 $254,200 $45,000 $209,200
2022 $1,082 $208,100 $25,000 $183,100
2021 $1,082 $208,100 $25,000 $183,100
2020 $1,082 $199,200 $30,300 $168,900
2019 $1,082 $208,100 $25,000 $183,100
2018 $1,036 $199,200 $30,300 $168,900
2017 $1,036 $199,200 $30,300 $168,900
2016 $1,036 $199,200 $30,300 $168,900
2015 -- $199,200 $30,300 $168,900
2014 -- $192,900 $30,300 $162,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Preston Davidson

    Mark A. Dalton & Co., Inc.

    Section Image

  • S

    Buyer's Agent in 2024

    Sarah Thomas

    Brownstone Properties

    8 in this area

    56 Total Sales

    Sarah Thomas
    Section Image

  • C

    Seller's Agent in 2021

    Chris Stokes

    Alliance Realty Group

    (434) 213-6307

    9 in this area

    53 Total Sales

    Chris Stokes
    Section Image

  • W

    Buyer's Agent in 2021

    Wanda Robertson

    Virginia Homes & Land Realty

    (434) 426-2103

    12 in this area

    109 Total Sales

    Wanda Robertson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 351944

APN: 020D-0500A-001-0

Virginia Campbell County Lynchburg 24502 Timberlake

36 Preston Place, Lynchburg, VA

This home is located at 36 Preston Place, Lynchburg, VA 24502 since 26 April 2024 and is currently estimated at $377,676, approximately $136 per square foot. This property was built in 1964. 36 Preston Place 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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