NOT LISTED FOR SALE

8022 Timberlake Rd Unit 44 Lynchburg, VA 24502

Estimated Value: $154,000 - $197,422

3 Beds
1.5 Baths
1,338 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $79,900 $60 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,061/month

27 Days on Market

Highlights

  • Walk-In Closet
  • Garden
  • Ceiling Fan
  • Tile Flooring
  • Landscaped

About This Home

As of May 2017

CALLING ALL INVESTORS! This end unit townhome consist of 3 bedrooms, 1.5 bathrooms and conveniently located near LU, shopping and dining. This property has been well maintained with a new roof Invest in this low maintenance townhome with newer laminate hardwoods in the living room and tiled kitchen. Great ROI! Rented until June.

Last Agent to Sell the Property

Cole Rice

Lauren Bell Real Estate, Inc. License #0225211000 Listed on: 04/28/2017

Last Buyer's Agent

Florence Kilonzo

John Stewart Walker, Inc License #0225219160

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1989

Lot Details

  • 2,526 Sq Ft Lot
  • Landscaped
  • Garden

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,338 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include exterior maintenance, grounds maintenance, neighborhood lights, parking, trash, sewer, water

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,040

Year Built

Built in 1989

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • FILLACRES: 0.0580
  • Directions: Timberlake Rd. to Knollwood Townhome. (Entrance beside the Wooden Chair)
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 2526.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1989
  • Heating System: Heat Pump
  • Building Stories: Two
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.000 x 16.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 20.000 x 12.000
  • Masterbedroom Len: 20.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Knollwood Townhomes Lot 44
  • Reciprocal Listing: No
  • Second Bedroom: 10x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 100.000000
  • Third Bedroom: 10x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 1338.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator, Washer
  • Has Attic: Access, Scuttle
  • Has Basement: Slab
  • Flooring: Carpet, Laminate, Tile
  • Year Built Exception: 0
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Walk-In Closet(s)
  • Dining Kitchen: 20x16 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Living Room: 20x16 Level: Level 1 Above Grade
  • Master Bedroom: 20x12 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 320.000000
  • LivingRoom Area: 320.000000
  • 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: Garden Space, Landscaped

Garage/Parking

  • 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: Exterior Maintenance, Grounds Maintenance, Neighborhood Lights, Parking, Trash, Sewer, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 90.00

Association/Amenities

  • Entry Level Unit: 44

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1338.00

Tax Info

  • Estimated Taxes: 1040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 22, 2017
Sold by
Pouliot Joseph P and Pouliot Sarah C
Bought by
Beard Steven P
Seller's Agent
Cole Rice
Lauren Bell Real Estate, Inc.
Buyer's Agent
Florence Kilonzo
John Stewart Walker, Inc
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$165,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,706
Avg. Annual Appreciation
9.06%
Original Mortgage
$73,100
Outstanding Balance
$60,658
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$104,948

Purchase Details

Closed on
Jan 23, 2006
Sold by
Ecp Llc
Bought by
Pouliot Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,050
Interest Rate
6.27%
Mortgage Type
Stand Alone Second
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
Beard Steven P $78,600 None Available
Pouliot Joseph P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beard Steven P $73,100
Previous Owner Pouliot Joseph P $25,050
Previous Owner Pouliot Joseph P $50,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $79,900 0.0% $60 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $79,900 -- $60 / 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
2025 $1,150 $136,900 $20,000 $116,900
2024 $1,009 $113,400 $20,000 $93,400
2023 $1,009 $113,400 $20,000 $93,400
2022 $1,040 $101,000 $20,000 $81,000
2021 $1,121 $101,000 $20,000 $81,000
2020 $1,040 $93,700 $18,000 $75,700
2019 $1,040 $93,700 $18,000 $75,700
2018 $1,040 $93,700 $18,000 $75,700
2017 $1,040 $93,700 $18,000 $75,700
2016 $1,040 $93,700 $18,000 $75,700
2015 $1,040 $93,700 $18,000 $75,700
2014 $1,040 $93,700 $18,000 $75,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cole Rice

    Lauren Bell Real Estate, Inc.

    (434) 941-7959

    68 Total Sales

    Cole Rice
    Section Image

  • F

    Buyer's Agent in 2017

    Florence Kilonzo

    John Stewart Walker, Inc

    (434) 851-7289

    56 Total Sales

    Florence Kilonzo
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 304974

APN: 254-18-044

Virginia Lynchburg City County Lynchburg 24502

8022 Timberlake Rd Unit 44, Lynchburg, VA

This home is located at 8022 Timberlake Rd Unit 44, Lynchburg, VA 24502 since 28 April 2017 and is currently estimated at $165,606, approximately $123 per square foot. This property was built in 1989. 8022 Timberlake Rd Unit 44 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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