NOT LISTED FOR SALE

516 Capstone Dr Lynchburg, VA 24502

Cornerstone Neighborhood

Estimated Value: $270,000 - $290,000

3 Beds
2.5 Baths
1,480 Sq Ft
$189/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2025

Last sale price $290,000 $196 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,842 / mo

86 Days on Market

Highlights

  • Great Room
  • Walk-In Closet
  • Tile Flooring
  • Community Pool
  • Storage Room
  • Outdoor Storage

About This Home

As of May 2025

Great open floor plan w/ the family room opening to the dining area & kitchen. Main-level has new vinyl plank flooring throughout & 9 foot ceilings w/ crown molding. Lovely kitchen w/ breakfast nook, all new stainless steel appliances & ample cabinetry. Large master bedroom w/ private master bathroom and large walk in closet. All full bathrooms have new marble countertops, custom cabinetry & ceramic tile. Level back patio is perfect size for outside grilling and this unit has a bonus exterior storage room. Cornerstones amenities are hard to beat featuring a salt water pool, 25 acre Park w/ walking trails, a fire pit area, playgrounds & many common green areas. Walk to shops & restaurants & enjoy the high speed fiber optic internet. Make this your next home or investment property, only minutes from LU!

Last Agent to Sell the Property

Joshua Allen

Priority One Properties License #0225090234 Listed on: 12/12/2024

Last Buyer's Agent

Janet Miller

Century 21 Realty @ Home License #0225178388

Century 21 Realty @ Home

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,795

Year Built

  • Built in 2009

Lot Details

  • 2,004 Sq Ft Lot
  • Landscaped

HOA Fees

  • $138 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Storage Room
  • Attic Access Panel

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26315317

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Net Lease
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,795

Year Built

Built in 2009

Lot Details

2,004 Sq Ft Lot

HOA Fees

$138 per month

Listing Details

  • AssocFeeOptional: Required
  • BuildingOnProperty: Storage Building
  • Directions: From Greenview Drive, turn onto Capstone Drive into the Cornerstone Community. Property is down on the left.
  • Internet Providers: Lumos
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2009
  • Garage Yn: No
  • Property Sub-Type: Townhouse
  • Subdivision Name: Cornerstone-attached Homes
  • Above Grade Finished Sq Ft: 1480.00
  • Laundryroom Dim: 7.000 x 3.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 7.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Slab
  • Breakfast Area: 0x0 Level:
  • Flooring: Carpet, Tile, Vinyl Plank
  • Family Room: 0x0 Level:
  • Level 2 Full Bathrooms: 2
  • Great Room: 24x20 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Primary Bed w/Bath, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 12x20 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Second Floor, Washer Connections
  • Laundry Room: 7x3 Level: Level 2 Above Grade
  • Master Bedroom: 14x12 Level: Level 2 Above Grade
  • Other Room 1: 8x6 Level: Level 1 Above Grade
  • Porch: 3x7 Level:
  • Rec Room: 0x0 Level:
  • Additional Room 1 Description: Storage Room
  • Appliances: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven, Washer
  • Half Bathrooms: 1
  • Stories: Two
  • Sixth Bedroom: 0x0 Level:
  • Fifth Bedroom: 0x0 Level:
  • Third Bedroom: 11x10 Level: Level 2 Above Grade
  • Second Bedroom: 12x10 Level: Level 2 Above Grade
  • Room Bedroom3 Area: 110.000000
  • Room Master Bedroom Area: 168.000000
  • GreatRoom Area: 480.000000
  • Room Kitchen Area: 240.000000
  • Room Bedroom2 Area: 120.000000
  • MasterBedroomDimensions Dim: 14.000 x 12.000
  • Kitchen Dim: 12.000 x 20.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 12.000

Exterior Features

  • Lot Number: 19
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Patio, Pool Nearby, Concrete Drive, Landscaped, Insulated Glass, Undergrnd Utilities
  • Patio: 8x14 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • Association Fee: 138.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Grounds Maintenance, Insurance, Neighborhood Lights, Playground, Pool, Road Maintenance, Snow Removal, Trash

Schools

  • Elementary School: Heritage Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.0460
  • Lot Size Sq Ft: 2004.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 26315317
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 1795

Multi Family

  • Existing Lease Type: Net

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
Dec 12, 2024
Closed on
Apr 23, 2025
Sold by
Bought by
Seller's Agent
Joshua Allen
Priority One Properties
Buyer's Agent
Janet Miller
Century 21 Realty @ Home
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Views
82
Current Estimated Value
$280,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,595
Avg. Annual Appreciation
-2.55%
Original Mortgage
$232,000
Outstanding Balance
$229,043
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$51,362

Purchase Details

Closed on
Oct 25, 2024
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.09%
Mortgage Type
Credit Line Revolving
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

    279 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

    127 Total Sales

    2 in Cornerstone

    $222K - $288K Price Range

    Mickey Herzing
     Section Image
  • Daniel Kellett Real Estate Agent - Re/Max 1st Olympic

    Daniel Kellett

    Re/Max 1st Olympic

    (434) 215-0793

    66 Total Sales

    1 in Cornerstone

    $399,900 Price

    Daniel Kellett
     Section Image
  • Mason Kiffmeyer Real Estate Agent - LPT Realty, Inc

    Mason Kiffmeyer

    LPT Realty, Inc

    (952) 356-1722

    190 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

    55 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
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
$290,000 Old Republic National Title In
$250,000 None Listed On Document
$135,000 None Available
$125,000 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 $232,000
Previous Owner $440,000
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
05/08/2025 05/08/25 Sold $290,000 +0.7% $196 / Sq Ft
03/08/2025 03/08/25 Pending -- -- --
03/03/2025 03/03/25 Price Changed $287,900 -0.7% $195 / Sq Ft
02/14/2025 02/14/25 Price Changed $289,900 -1.0% $196 / Sq Ft
02/04/2025 02/04/25 Price Changed $292,900 -0.7% $198 / Sq Ft
01/13/2025 01/13/25 Price Changed $294,900 -1.7% $199 / Sq Ft
12/12/2024 12/12/24 For Sale $299,900 +117.3% $203 / Sq Ft
07/24/2015 07/24/15 Sold $138,000 -4.8% $102 / Sq Ft View Prior Sale
07/22/2015 07/22/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $145,000 -- $107 / 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 $1,988 $236,700 $26,000 $210,700
2024 $1,795 $201,700 $26,000 $175,700
2023 $1,795 $201,700 $26,000 $175,700
2022 $1,621 $157,400 $26,000 $131,400
2021 $1,747 $157,400 $26,000 $131,400
2020 $1,623 $146,200 $26,000 $120,200
2019 $1,623 $146,200 $26,000 $120,200
2018 $1,496 $134,800 $26,000 $108,800
2017 $1,496 $134,800 $26,000 $108,800
2016 $1,496 $134,800 $26,000 $108,800
2015 $1,496 $134,800 $26,000 $108,800
2014 $1,496 $134,800 $26,000 $108,800
Source: Public Records

Agents Affiliated with this Home

  • Joshua Allen Real Estate Agent - Priority One Properties

    Seller's Agent in 2025

    Joshua Allen

    Priority One Properties

    (434) 665-2457

    3 in this area

    14 Total Sales

    Joshua Allen
    Section Image

  • JM

    Buyer's Agent in 2025

    Janet Miller

    Century 21 Realty @ Home

    Section Image

  • AP

    Seller's Agent in 2015

    Ann Powers-Koch

    Keller Williams

  • RL

    Seller Co-Listing Agent in 2015

    Ruthie Lawrence

    Blackwater Property Management

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 356234

APN: 263-15-317

Virginia Lynchburg City County Lynchburg 24502 Cornerstone

516 Capstone Dr, 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.