NOT LISTED FOR SALE

8022 Timberlake Rd Unit 45 Lynchburg, VA 24502

Estimated Value: $155,000 - $192,437

3 Beds
1.5 Baths
1,338 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $135,000 $101 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $974/month

Highlights

  • Landscaped
  • Ceiling Fan
  • Carpet

About This Home

As of August 2024

Wonderful 3 bedroom townhome in a centralized location near schools & Liberty University. The first floor boasts a large living room & large kitchen. There is also a 1/2 bath and laundry closet. The second floor offers a large primary bedroom, full bath and two guest bedrooms. You will enjoy the convenience of restaurants, shops, and entertainment on nearby Timberlake Road. This will move fast - see it today!

Last Agent to Rent the Property

Gary Foster

Gary Foster & Co. Realtors License #0225054061 Listed on: 07/29/2024

Gary Foster & Co. Realtors

Last Renter's Agent

Gary Foster

Gary Foster & Co. Realtors License #0225054061 Listed on: 07/29/2024

Gary Foster & Co. Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1989

Lot Details

  • 1,307 Sq Ft Lot
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

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

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25418045

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance, parking, roof, sewer, snow removal, trash, water
  • Knollwood Subdivision

Building Details

  • Net Lease

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,239

Year Built

Built in 1989

Lot Details

0

Rental Info

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

Listing Details

  • Directions: Timberlake Road to Knollwoods Townhomes (Entrance beside The Wooden Chair store.)
  • Days On Market: No
  • Prop. Type: Residential Lease
  • Year Built: 1989
  • Garage Yn: No
  • Property Sub-Type: Townhouse
  • Subdivision Name: Knollwood
  • Above Grade Finished Sq Ft: 1338.00
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Slab
  • Flooring: Carpet, Vinyl
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s)
  • Dining Kitchen: 16x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Laundry Room: 9x4 Level: Level 1 Above Grade
  • Living Room: 16x16 Level: Level 1 Above Grade
  • Master Bedroom: 16x13 Level: Level 2 Above Grade
  • Appliances: Dishwasher, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Stories: Two
  • Third Bedroom: 10x9 Level: Level 1 Above Grade
  • Second Bedroom: 11x10 Level: Level 2 Above Grade

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Patio, Paved Drive, Landscaped
  • Patio: 12x10 Level: Level 1 Above Grade

Utilities

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

Fee Information

  • Association Fee Includes: Exterior Maintenance, Grounds Maintenance, Parking, Roof, Sewer, Snow Removal, Trash, Water

Schools

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

Lot Info

  • Acres: 0.0300
  • Lot Size Sq Ft: 1307.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 25418045
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
May 31, 2023
Sold by
Lobatos Mikhail Alvin and Lobatos Anna Corin
Bought by
4Paw One Llc
Seller's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
Buyer's Agent
Gary Foster
RE/MAX 1st Olympic
List Price
$119,900
Sold Price
$135,000
Premium/Discount to List
$15,100
12.59%
Views
73
Current Estimated Value
$164,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,609
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Jun 4, 2020
Closed on
Jul 29, 2020
Sold by
Cotuna Andreea Valentina
Bought by
Lobatos Mikhail Alvin and Lobatos Anna Corin
Seller's Agent
Mitch Copenhaver
Long & Foster-Forest
Buyer's Agent
Josh Sutton
Mark A. Dalton & Co., Inc.
List Price
$99,500
Sold Price
$100,000
Premium/Discount to List
$500
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
Original Mortgage
$5,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Mannings Lynn N
Bought by
Cotuna Andreea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2006
Sold by
Ecp Llc
Bought by
Manning Lynn N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
4Paw One Llc $135,000 None Listed On Document
Lobatos Mikhail Alvin $100,000 Old Republic National Title
Cotuna Andreea $80,000 None Available
Manning Lynn N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lobatos Mikhail Alvin $5,000
Previous Owner Lobatos Mikhail Alvin $98,188
Previous Owner Cotuna Andreea $64,000
Previous Owner Manning Lynn N $23,400
Previous Owner Manning Lynn N $54,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2024 08/13/24 Rented $1,195 0.0% --
07/30/2024 07/30/24 For Rent $1,195 0.0% --
05/31/2023 05/31/23 Sold $135,000 +12.6% $101 / Sq Ft View Prior Sale
04/08/2023 04/08/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $119,900 +19.9% $90 / Sq Ft
07/30/2020 07/30/20 Sold $100,000 +0.5% $75 / Sq Ft View Prior Sale
06/22/2020 06/22/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $99,500 -- $74 / 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 $1,239 $147,500 $20,000 $127,500
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

  • Gary Foster

    Landlord's Agent in 2024

    Gary Foster

    Gary Foster & Co. Realtors

    (434) 841-7537

    98 Total Sales

    Gary Foster
    Section Image

  • J

    Seller's Agent in 2023

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    379 Total Sales

    Josh Redmond
    Section Image

  • M

    Seller's Agent in 2020

    Mitch Copenhaver

    Long & Foster-Forest

    77 Total Sales

    Mitch Copenhaver
    Section Image

  • J

    Buyer's Agent in 2020

    Josh Sutton

    Mark A. Dalton & Co., Inc.

    (434) 609-0800

    94 Total Sales

    Josh Sutton
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 353745

APN: 254-18-045

Virginia Lynchburg City County Lynchburg 24502

8022 Timberlake Rd Unit 45, Lynchburg, VA

This home is located at 8022 Timberlake Rd Unit 45, Lynchburg, VA 24502 since 29 July 2024 and is currently priced at $164,609. This property was built in 1989. 8022 Timberlake Rd Unit 45 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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