NOT LISTED FOR SALE

40 Zags Ln Lynchburg, VA 24502

Timberlake Neighborhood

Estimated Value: $272,000 - $311,000

3 Beds
2.5 Baths
1,654 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $199,900 $121 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,721/month

145 Days on Market

Highlights

  • Walk-In Closet
  • Ceramic Tile Flooring
  • High Speed Internet
  • En-Suite Primary Bedroom
  • Landscaped

About This Home

As of September 2020

New 2-story townhouse under construction. Convenient Timberlake Road location. 3 bedrooms, 2.5 baths. Large open floor plan on main level with 3 large bedrooms on second floor. Granite countertops in kitchen and baths. Development will include a playground and dog park area. **OWNER/AGENT - Listing agent is one of the partners in the owning entity**

Last Agent to Sell the Property

Christopher Gentry, SIOR

Gentry Commercial RE License #0225033997 Listed on: 03/11/2020

Last Buyer's Agent

Jenny Burge

Alliance Realty Group License #0225094851

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 2020

Lot Details

  • 1,738 Sq Ft Lot
  • Landscaped

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,654 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Schools

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

Utilities

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

Community Details

  • Association fees include exterior maintenance, grounds maintenance, insurance, neighborhood lights, parking, road maintenance, roof, snow removal, trash
  • Emberly Way Villas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20W-1-49

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,040

Year Built

Built in 2020

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • FILLACRES: 0.0399
  • AssocFeeOptional: Required
  • Directions: Timberlake Road to Emberly Way (between Walmart Neighborhood Market and WinSupply) to Zags Lane on left at end of Emberly Way.
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 1738.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 20W-1-49
  • Year Built: 2020
  • Heating System: Heat Pump
  • Building Stories: Two
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 13.000 x 21.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 21.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 11.000 x 13.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Lot 49, Emberly Way Villas
  • Reciprocal Listing: No
  • Second Bedroom: 9.50x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 123.500000
  • Third Bedroom: 9.50x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 114.000000
  • Above Grade Finished Sq Ft: 1654.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec
  • Has Attic: Scuttle
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Vinyl Plank
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room, Other
  • Formal Dining: 10x13 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Drywall, High Speed Data Aval, Main Level Den, Master Bed w/ Bath, Pantry, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 13x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Second Floor, Washer Connections
  • Living Room: 13x21 Level: Level 1 Above Grade
  • Master Bedroom: 11x13 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 169.000000
  • LivingRoom Area: 273.000000
  • 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: 49
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Landscaped, Undergrnd Utilities
  • Patio: 10x13 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Insurance, Neighborhood Lights, Other, Parking, Road Maintenance, Roof, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 75.00
  • Subdivision Complex: Emberly Way Villas

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1654.00

Tax Info

  • Estimated Taxes: 1040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Whitt Ashlyn R and Grishaw Heath R
Bought by
Smith Connor J and Smith Millie J
Current Estimated Value
$284,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$20,000
Interest Rate
6.89%
Estimated Equity
$266,089

Purchase Details

Listed on
Mar 11, 2020
Closed on
Aug 24, 2020
Sold by
21934 Timberlake Llc
Bought by
Grishaw Heath R and Whitt Ashlyn R
Seller's Agent
Christopher Gentry, SIOR
Gentry Commercial RE
Buyer's Agent
Jenny Burge
Alliance Realty Group
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$199,900
Interest Rate
2.9%
Mortgage Type
Farmers Home Administration
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
Smith Connor J $265,000 Commonwealth Title
Grishaw Heath R $199,900 Reliance Title & Stlmnt Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Connor J $20,000
Open Smith Connor J $243,000
Previous Owner Grishaw Heath R $199,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $199,900 0.0% $121 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $199,900 -- $121 / 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 $1,073 $238,400 $20,000 $218,400
2024 $1,073 $238,400 $20,000 $218,400
2023 $1,073 $238,400 $20,000 $218,400
2022 $1,004 $193,100 $20,000 $173,100
2021 $1,004 $193,100 $20,000 $173,100
2020 $104 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Christopher Gentry, SIOR

    Gentry Commercial RE

    Section Image

  • J

    Buyer's Agent in 2020

    Jenny Burge

    Alliance Realty Group

    (434) 660-0711

    14 in this area

    115 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323802

APN: 020W-01000-049-0

Virginia Campbell County Lynchburg 24502 Timberlake

40 Zags Ln, Lynchburg, VA

This home is located at 40 Zags Ln, Lynchburg, VA 24502 since 11 March 2020 and is currently estimated at $284,605, approximately $172 per square foot. This property was built in 2020. 40 Zags Ln 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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