NOT LISTED FOR SALE

502 Cornerstone St Lynchburg, VA 24502

Cornerstone Neighborhood

Estimated Value: $504,900

3 Beds
2.5 Baths
2,226 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: November 29, 2017

Last sale price $279,900 $126 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,129 / mo

36 Days on Market

Highlights

  • 1.5-Story Property
  • Great Room
  • Oversized Parking
  • Main Floor Bedroom
  • Community Pool
  • Walk-In Closet

About This Home

As of November 2017

Main level living at it's BEST! Better then new and priced to sell! Don't miss this craftsman style home in sought after Cornerstone Community. Gourmet kitchen with island, abundance of cabinets, walk-in pantry and gorgeous granite/tile back splash. Great room accented by vaulted ceiling, soaring stone fireplace and lots of natural light. Main level master suite offers lighted tray ceiling, huge walk-in closet and spa like bath. The main level also offers an office (could be used as dining room/playroom), laundry room, and half bath. There are two additional bedrooms and full bath upstairs. Large covered porch and oversized back patio are perfect for entertaining. Separate storage shed and plenty of space for a garden. This home was the Parade of Homes Winner in 2013 and was built by Maddox & Sons. Don't miss the pool ($50 year to join), park, playground, walking trails and more that living in Cornerstone has to offer.

Last Agent to Sell the Property

Michelle Wingo Stebbings

Century 21 ALL-SERVICE-FOR License #0225030532 Listed on: 10/16/2017

Century 21 ALL-SERVICE-FOR

Last Buyer's Agent

David Johnson

Karl Miller Realty LLC License #0225219784

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 2013

Lot Details

  • 5,140 Sq Ft Lot
  • Landscaped
  • Garden

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • 1.5-Story Property
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,226 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Living Room with Fireplace
  • Storage In Attic

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Parking

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

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

Overview

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

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,432

Year Built

Built in 2013

Lot Details

5,140 Sq Ft Lot

HOA Fees

$55 per month

Listing Details

  • FILLACRES: 0.1180
  • AssocFeeOptional: Required
  • BuildingOnProperty: Storage Building
  • Directions: Timberlake or Leesville Road to Greenview Drive to Cornerstone Street Continue through both traffic circles to home on right close to cul de sac
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 5140.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2013
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Ranch
  • Foyer Area: 136.000000
  • Laundryroom Dim: 5.000 x 9.000
  • Laundryroom Len: 5.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 304.000000
  • Master Bedroom Dim: 16.000 x 19.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 19.000
  • Office Dim: 11.000 x 8.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Cornerstone, BLK Q, LOT Q5
  • Reciprocal Listing: No
  • Second Bedroom: 14x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 196.000000
  • Third Bedroom: 14x13 Level: Level 2 Above Grade
  • Third Bedroom Area: 182.000000
  • Above Grade Finished Sq Ft: 2226.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Self Cleaning Oven
  • Has Attic: Storage Only
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room
  • Foyer: 17x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 17x22 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Walk-In Closet(s)
  • Dining Kitchen: 17x12 Level: Level 1 Above Grade
  • Laundry: Main Level, Separate Laundry Rm.
  • Laundry Room: 5x9 Level: Level 1 Above Grade
  • Master Bedroom: 16x19 Level: Level 1 Above Grade
  • Office: 11x8 Level: Level 1 Above Grade
  • Porch: 18x6 Level: Level 1 Above Grade
  • GreatRoom Area: 374.000000
  • Livinggreat Room Dim: 17.000 x 22.000
  • Kitchen Area: 204.000000
  • Laundry Room Area: 45.000000
  • Office Area: 88.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Concrete Drive, Garden Space, Landscaped, Undergrnd Utilities
  • Patio: 15x12 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 399.000000
  • Garage Dim: 19.000 x 21.000
  • GarageLen: 19.000
  • GarageWid: 21.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Neighborhood Lights, Playground, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 55.00
  • Subdivision Complex: Cornerstone

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 2226.00

Tax Info

  • Estimated Taxes: 2432

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 10, 2017
Sold by
Bought by
Seller's Agent
Michelle Wingo Stebbings
Century 21 ALL-SERVICE-FOR
Buyer's Agent
David Johnson
Karl Miller Realty LLC
List Price
$284,900
Sold Price
$279,900
Premium/Discount to List
-$5,000
-1.76%
Current Estimated Value
$504,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,000
Avg. Annual Appreciation
7.00%
Original Mortgage
$212,549
Outstanding Balance
$174,383
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$330,517

Purchase Details

Listed on
Aug 1, 2013
Closed on
Oct 29, 2013
Sold by
Bought by
Seller's Agent
Judy Woten
The Real Estate Advantage
Buyer's Agent
Karl Miller
Mark A. Dalton & Co., Inc.
List Price
$249,900
Sold Price
$248,900
Premium/Discount to List
-$1,000
-0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$223,650
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2012
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Cornerstone, VA

  • Teresa Grant Real Estate Agent - Keller Williams

    Teresa Grant

    Keller Williams

    (434) 300-3959

    281 Total Sales

    4 in Cornerstone

    $225K - $375K Price Range

    Teresa Grant
     Section Image
  • Mickey Herzing Real Estate Agent - Mark A. Dalton & Co., Inc.

    Mickey Herzing

    Mark A. Dalton & Co., Inc.

    (434) 771-1920

    132 Total Sales

    4 in Cornerstone

    $222K - $288K Price Range

    Mickey Herzing
     Section Image
  • Mason Kiffmeyer Real Estate Agent - LPT Realty, Inc

    Mason Kiffmeyer

    LPT Realty, Inc

    (952) 356-1722

    187 Total Sales

    1 in Cornerstone

    $340,000 Price

    Mason Kiffmeyer
     Section Image
  • Dan Callaway Real Estate Agent - Cornerstone Realty Group Inc.

    Dan Callaway

    Cornerstone Realty Group Inc.

    (434) 771-1684

    54 Total Sales

    1 in Cornerstone

    $237,000 Price

    Dan Callaway
     Section Image

  • NH

    Nathan Haefer

    Responds Quickly

    Keller Williams

    (434) 771-1648

    20 Total Sales

    1 in Cornerstone

    $387,000 Price

    Nathan Haefer
     Section Image
  • Tammi Moore Real Estate Agent - TMOORE REAL ESTATE GROUP LLC

    Tammi Moore

    Responds Quickly

    TMOORE REAL ESTATE GROUP LLC

    (434) 771-3635

    180 Total Sales

    2 in Cornerstone

    $200K - $425K Price Range

    Tammi Moore
     Section Image
See All Agents

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 Buyer Sale Price Title Company
$279,900 Reliance Title&Settlement Ll
$248,500 None Available
$105,000 None Available
Source: Public Records

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 Borrower Loan Amount
Open $212,549
Previous Owner $223,650
Source: Public Records

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
11/29/2017 11/29/17 Sold $279,900 -1.8% $126 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $284,900 +14.5% $128 / Sq Ft
11/01/2013 11/01/13 Sold $248,900 -0.4% $112 / Sq Ft View Prior Sale
10/29/2013 10/29/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $249,900 -- $112 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $3,587 $427,000 $65,000 $362,000
2024 $2,836 $318,600 $50,000 $268,600
2023 $2,836 $318,600 $50,000 $268,600
2022 $2,789 $270,800 $50,000 $220,800
2021 $3,006 $270,800 $50,000 $220,800
2020 $2,789 $251,300 $50,000 $201,300
2019 $2,789 $251,300 $50,000 $201,300
2018 $2,432 $219,100 $45,000 $174,100
2017 $2,432 $219,100 $45,000 $174,100
2016 $2,432 $219,100 $45,000 $174,100
2015 $2,432 $219,100 $45,000 $174,100
2014 $2,432 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michelle Wingo Stebbings

    Century 21 ALL-SERVICE-FOR

    (434) 525-1212

    1 in this area

    122 Total Sales

    Michelle Wingo Stebbings
    Section Image

  • D

    Buyer's Agent in 2017

    David Johnson

    Karl Miller Realty LLC

    (434) 660-8624

    1 in this area

    52 Total Sales

    David Johnson
    Section Image
  • Judy Woten Real Estate Agent - The Real Estate Advantage

    Seller's Agent in 2013

    Judy Woten

    The Real Estate Advantage

    (434) 401-0110

    4 in this area

    106 Total Sales

    Judy Woten
    Section Image
  • Jimmy Miller Real Estate Agent - John Stewart Walker, Inc

    Seller Co-Listing Agent in 2013

    Jimmy Miller

    John Stewart Walker, Inc

    (434) 942-8547

    147 Total Sales

    Jimmy Miller
    Section Image

  • K

    Buyer's Agent in 2013

    Karl Miller

    Mark A. Dalton & Co., Inc.

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 308186

APN: 263-15-528

Virginia Lynchburg City County Lynchburg 24502 Cornerstone

502 Cornerstone St, Lynchburg, VA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

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