NOT LISTED FOR SALE

521 Timberlake Dr Danville, VA 24540

Estimated Value: $185,000 - $206,000

3 Beds
2.5 Baths
1,314 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $55,000 $42 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,097/month

16 Days on Market

Highlights

  • Raised Ranch Architecture
  • Front Porch
  • Patio
  • Fireplace
  • Cooling Available
  • Wall to Wall Carpet

About This Home

As of June 2018

EHO-HUD Owned (IE) Case #541-745544, ALL properties sold AS-IS, without any guarantee or warranty by seller. NO known environmental issues or latent defects. Please see the HUD website for more information. All info was taken from city or county tax card, must be confirmed by buyer.

Last Agent to Sell the Property

Helen McKenzie

JACOBS REAL ESTATE License #0225105768 Listed on: 05/04/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $521

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • Property is zoned OTR

Parking

  • No Garage

Home Design

  • Raised Ranch Architecture
  • Split Level Home
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven
  • Cooktop

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Front Porch
  • Stoop

Schools

  • G.L.H. Johnson Elementary School
  • O. Trent Bonner Middle School
  • GWHS High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • Temple Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$521

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Frontage Type: Road Frontage
  • Subdivision Name: Temple Terrace
  • Directions: Piney Forest Road to Right onto Franklin Tpke, then right onto Custer Street, to Timberlake
  • Above Grade Finished Sq Ft: 1314
  • Architectural Style: Split Level, Multi Level, Raised Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Appliances: Oven, Cooktop
  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 657
  • Fireplace Features: One
  • Fireplace: Yes
  • Flooring: Wall/Wall Carpet, Vinyl
  • Living Area: 1314

Exterior Features

  • Lot Features: Less than 1 acre
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio, Front, Back, Stoop
  • Property Condition: 41 to 75 Years Old
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Carport, No Garage

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: G.L.H. Johnson
  • High School: Gwhs
  • Middle Or Junior School: O. Trent Bonner

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Zoning: OTR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Aug 15, 2018
Sold by
Reed Roberta D
Bought by
Reed Roberta D and Reed Curtis Lakesha
Seller's Agent
Helen McKenzie
JACOBS REAL ESTATE
List Price
$51,000
Sold Price
$55,000
Premium/Discount to List
$4,000
7.84%
Current Estimated Value
$198,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,271
Avg. Annual Appreciation
18.46%

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 15, 2018
Sold by
The Secretary Of The Us Department Of Ho
Bought by
Reed Roberta D
Seller's Agent
Helen McKenzie
JACOBS REAL ESTATE
List Price
$51,000
Sold Price
$55,000
Premium/Discount to List
$4,000
7.84%

Purchase Details

Closed on
Oct 30, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing And Urban Devel
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Reed Roberta D -- None Available
Reed Roberta D $55,000 All Va Title & Escrow Inc
The Secretary Of Housing And Urban Devel -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $55,000 +7.8% $42 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $51,000 -- $39 / Sq Ft
Source: Dan River Region 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 $846 $101,900 $5,400 $96,500
2024 $846 $101,900 $5,400 $96,500
2023 $649 $77,300 $5,400 $71,900
2022 $649 $77,300 $5,400 $71,900
2021 $631 $75,100 $5,400 $69,700
2020 $631 $75,100 $5,400 $69,700
2019 $522 $62,200 $5,400 $56,800
2018 $498 $62,200 $5,400 $56,800
2017 $570 $71,300 $5,400 $65,900
2016 $521 $71,300 $5,400 $65,900
2015 $591 $80,900 $5,400 $75,500
2014 $591 $80,900 $5,400 $75,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dan River Region Association of REALTORS®

MLS Number: 57932

APN: 55085