NOT LISTED FOR SALE

402 Cornerstone St Lynchburg, VA 24502

Cornerstone Neighborhood

Estimated Value: $411,000 - $439,000

3 Beds
2 Baths
1,919 Sq Ft
$222/Sq Ft Est. Value

Last Sold August 09, 2016

Last sale price $240,000 $125 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,638/month

86 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Community Pool
  • Ranch Style House
  • Great Room
  • Oversized Parking

About This Home

As of August 2016

Open contemporary home in Cornerstone located on a corner lot. This ease of living home offers hardwoods, wainscoting and a stacked stone fireplace in the open concept living area. Beautiful granite, rich oak cabinetry, stunning backsplash and stainless appliances makes for a wonderful kitchen offering a stylish break bar for casual dining. Spacious master with trey ceilings, large walk in closet and spa like en-suite featuring glass door shower. Two secondary bedrooms, bath & laundry room. The one-of-a-kind, beautiful sun room completes the finished living space. A two-car garage offers ample parking area. Enjoy all the amenities Cornerstone has to offer.

Last Agent to Sell the Property

Betsy Ferguson

Lynchburg's Finest Team LLC License #0225197755 Listed on: 05/09/2016

Last Buyer's Agent

Skye Blu

Century 21 ALL-SERVICE License #0225210823

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 2011

Lot Details

  • 4,704 Sq Ft Lot
  • Landscaped

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,919 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Living Room with Fireplace
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

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

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26315565

Community Details

Overview

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

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,543

Year Built

Built in 2011

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • FILLACRES: 0.1080
  • AssocFeeOptional: Required
  • Directions: Timberlake Rd. or Leesville Rd. to Greenview Drive, to Cornerstone Street.
  • 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
  • TaxMapParcelID: 26315565
  • Year Built: 2011
  • Detached Garage: 2 Car
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 8.000 x 6.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 19.000 x 18.000
  • Livingroom Len: 19.000
  • Livingroom Wid: 18.000
  • Masterbedroom Area: 270.000000
  • Master Bedroom Dim: 18.000 x 15.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 14.000
  • 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 P LOT P16
  • Reciprocal Listing: No
  • Second Bedroom: 15x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 180.000000
  • Third Bedroom: 15x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 180.000000
  • Above Grade Finished Sq Ft: 1919.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Self Cleaning Oven
  • Has Attic: Floored, Pull Down, Storage Only
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 25x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 8x6 Level: Level 1 Above Grade
  • Living Room: 19x18 Level: Level 1 Above Grade
  • Master Bedroom: 18x15 Level: Level 1 Above Grade
  • Porch: 20x6 Level: Level 1 Above Grade
  • Sun Room: 14x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 300.000000
  • Laundry Room Area: 48.000000
  • LivingRoom Area: 342.000000
  • 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
  • Sun Room Area: 168.000000
  • Sunroom Dim: 14.000 x 12.000

Exterior Features

  • Lot Number: Lot P16
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Concrete Drive, Landscaped, Mountain Views, Other

Garage/Parking

  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Dim: 0.000 x 0.000

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
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 65.00
  • Subdivision Complex: Cornerstone

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1919.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2543

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2016
Closed on
Aug 5, 2016
Sold by
Canfield William D and Canfield Karen W
Bought by
Pettinger Ronald J and Pettinger Julie A
Seller's Agent
Betsy Ferguson
Lynchburg's Finest Team LLC
Buyer's Agent
Skye Blu
Century 21 ALL-SERVICE
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$424,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,554
Avg. Annual Appreciation
6.47%
Original Mortgage
$140,000
Outstanding Balance
$113,206
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$309,103

Purchase Details

Closed on
Jul 28, 2011
Sold by
Precise Properties Inc
Bought by
Canfield William D and Canfield Karen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,583
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 2010
Sold by
Jbo Llc
Bought by
Precise Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
4.46%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Pettinger Ronald J $240,000 Mid States Title
Canfield William D $231,500 None Available
Precise Properties Inc $53,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pettinger Ronald J $140,000
Previous Owner Canfield William D $225,583
Previous Owner Precise Properties Inc $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $240,000 -4.0% $125 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $249,900 -- $130 / 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 $2,979 $334,700 $50,000 $284,700
2023 $2,979 $334,700 $50,000 $284,700
2022 $2,927 $284,200 $50,000 $234,200
2021 $3,155 $284,200 $50,000 $234,200
2020 $2,917 $262,800 $50,000 $212,800
2019 $2,917 $262,800 $50,000 $212,800
2018 $2,543 $229,100 $45,000 $184,100
2017 $2,543 $229,100 $45,000 $184,100
2016 $2,543 $229,100 $45,000 $184,100
2015 $2,543 $229,100 $45,000 $184,100
2014 $2,543 $229,100 $45,000 $184,100
Source: Public Records

Agents Affiliated with this Home

  • Betsy Ferguson

    Seller's Agent in 2016

    Betsy Ferguson

    Lynchburg's Finest Team LLC

    (434) 941-8699

    4 in this area

    146 Total Sales

    Section Image

  • S

    Buyer's Agent in 2016

    Skye Blu

    Century 21 ALL-SERVICE

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 298539

APN: 263-15-565

Virginia Lynchburg City County Lynchburg 24502 Cornerstone

402 Cornerstone St, Lynchburg, VA

This home is located at 402 Cornerstone St, Lynchburg, VA 24502 since 09 May 2016 and is currently estimated at $425,914, approximately $221 per square foot. This property was built in 2011. 402 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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