NOT LISTED FOR SALE

518 Cornerstone St Lynchburg, VA 24502

Cornerstone Neighborhood

Estimated Value: $490,000 - $739,000

4 Beds
4.5 Baths
3,906 Sq Ft
$159/Sq Ft Est. Value

Sale Details

Date Sold: August 6, 2020

Last sale price $474,900 $122 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,895 / mo

112 Days on Market

Highlights

  • In Ground Pool
  • Game Room
  • Fenced Yard
  • Wood Flooring
  • Formal Dining Room
  • Oversized Parking

About This Home

As of August 2020

One of the BEST floor plans & spacious homes in Cornerstone! Cul-de-sac Custom build with U.V/Ozone purified Heated Swimming Pool! NO CHEMICALS! Large Main level Family Room w/ thoughtful high-end kitchen design featuring extra cabinets & Countertops! Breakfast area is larger than many dining rooms, & there is a formal dining room too! Beautiful Sun-Room w/ views of the backyard/pool. Master Bedroom upstairs is amazing with 2 walk-in closet zones! Bedr. 2 inclds a private bath & owners appreciate the 2nd floor laundry room! Terrace Level Family Room walks out to a gorgeous outdoor patio space & pool. Cork Insulated flooring is easy to clean & waterproof for pool traffic. Large Work-From-Home office space & Extra Storage rooms complete Terrace level! Extras include Spray-in double insulated attic, Super Efficient 20-ton 3-Zone Heat Pump, Water Heater tied into H.P. & With all the space, elec bills average just $250 per Mo! Storage shed also conveys. MUST SEE!

Last Agent to Sell the Property

Karl Miller

Mark A. Dalton & Co., Inc. License #0225094202 Listed on: 04/02/2020

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Range of Values:

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Value Increase
--
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

  • $4,381

Year Built

  • Built in 2015

Lot Details

  • 8,668 Sq Ft Lot
  • Fenced Yard
  • Landscaped

HOA Fees

  • $62 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3,906 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Attic

  • Storage In Attic
  • Attic Access Panel
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • In Ground Pool
  • 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
  • Cable TV Available

Community Details

  • Association fees include neighborhood lights, playground, trash

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,381

Year Built

Built in 2015

Lot Details

8,668 Sq Ft Lot

HOA Fees

$62 per month

Listing Details

  • FILLACRES: 0.1990
  • AssocFeeOptional: Required
  • BuildingOnProperty: Storage Building
  • Directions: Greenview to Cornerstone DR to the cul-de-sac. Home is on right.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 8668.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2015
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Three-Zone or more
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 121.000000
  • Laundryroom Dim: 9.000 x 8.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 238.000000
  • Master Bedroom Dim: 17.000 x 14.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 24.000 x 12.000
  • Other Room1 Area: 140.000000
  • Other Room1 Len: 14.000
  • Other Room2 Area: 168.000000
  • Other Room2 Len: 14.000
  • Sun Room Len: 11.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: CORNERSTONE, BLK Q, LOT Q20
  • Reciprocal Listing: No
  • Second Bedroom: 15x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 165.000000
  • Third Bedroom: 13x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 12x11 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 2853.00
  • ApplianceConvey: Convection, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access, Pull Down, Storage Only
  • Has Basement: Exterior Entrance, Finished, Full, Game Room, Heated, Interior Entrance, Partitioned, Walkout, Other
  • Breakfast Area: 15x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Year Built Exception: 0
  • Family Room: 29x14 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Formal Dining: 13x13 Level: Level 1 Above Grade
  • Foyer: 11x11 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 3
  • Great Room: 30x15 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Drywall, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 15x15 Level: Level 1 Above Grade
  • Laundry: Second Floor
  • Laundry Room: 9x8 Level: Level 2 Above Grade
  • Master Bedroom: 17x14 Level: Level 2 Above Grade
  • Office: 24x12 Level: Below Grade
  • Other Room 1: 14x10 Level: Below Grade
  • Other Room 2: 14x12 Level: Below Grade
  • Porch: 25x8 Level: Level 1 Above Grade
  • Sun Room: 11x10 Level: Level 1 Above Grade
  • FamilyRoom Area: 406.000000
  • GreatRoom Area: 450.000000
  • Livinggreat Room Dim: 30.000 x 15.000
  • Kitchen Area: 225.000000
  • Laundry Room Area: 72.000000
  • Office Area: 288.000000
  • Est Other Room1 Dim: 14.000 x 10.000
  • Est Other Room2 Dim: 14.000 x 12.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sun Room Area: 110.000000
  • Sunroom Dim: 11.000 x 10.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Concrete Drive, Fenced Yard, Privacy Fence, Landscaped, Storm Doors, Insulated Glass, Undergrnd Utilities
  • Patio: 25x10 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 576.000000
  • Garage Dim: 24.000 x 24.000
  • GarageLen: 24.000
  • GarageWid: 24.000

Utilities

  • Air Conditioner: Heat Pump, Three-Zone or More
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Neighborhood Lights, Playground, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 62.00

Schools

  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 3906.00

Tax Info

  • Estimated Taxes: 4381

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
Apr 2, 2020
Closed on
Jul 31, 2020
Sold by
Bought by
Seller's Agent
Karl Miller
Mark A. Dalton & Co., Inc.
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$479,900
Sold Price
$474,900
Premium/Discount to List
-$5,000
-1.04%
Current Estimated Value
$622,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,015
Avg. Annual Appreciation
4.60%
Original Mortgage
$379,920
Outstanding Balance
$330,817
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$292,098

Purchase Details

Closed on
Aug 26, 2015
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
$423,255
Interest Rate
3.92%
Mortgage Type
VA
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
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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
$474,900 None Available
$441,948 Fidelity National Title Ins
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 $379,920
Previous Owner $423,255
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
08/06/2020 08/06/20 Sold $474,900 -1.0% $122 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $479,900 +8.6% $123 / Sq Ft
11/02/2015 11/02/15 Sold $441,948 +10.5% -- View Prior Sale
07/06/2015 07/06/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $399,900 -- --
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 $4,910 $584,500 $70,200 $514,300
2024 $5,043 $566,600 $60,000 $506,600
2023 $5,043 $566,600 $60,000 $506,600
2022 $4,872 $473,000 $60,000 $413,000
2021 $5,250 $473,000 $60,000 $413,000
2020 $4,872 $438,900 $60,000 $378,900
2019 $4,872 $438,900 $60,000 $378,900
2018 $3,812 $394,700 $54,000 $340,700
2017 $4,381 $394,700 $54,000 $340,700
2016 $4,215 $130,700 $54,000 $76,700
2015 $1,984 $54,000 $54,000 $0
2014 $599 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karl Miller

    Mark A. Dalton & Co., Inc.

  • J

    Buyer's Agent in 2020

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    330 Total Sales

    Josh Redmond
    Section Image
  • Irina Moldavsky Real Estate Agent - Ted Counts Realty & Auction

    Seller's Agent in 2015

    Irina Moldavsky

    Ted Counts Realty & Auction

    (434) 485-3353

    73 Total Sales

    Irina Moldavsky
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324241

APN: 263-15-543

Virginia Lynchburg City County Lynchburg 24502 Cornerstone

518 Cornerstone St, Lynchburg, VA

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