NOT LISTED FOR SALE

8022 Timberlake Rd Unit 46 Lynchburg, VA 24502

Estimated Value: $152,000 - $189,915

3 Beds
1.5 Baths
1,338 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $78,500 $59 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,056/month

107 Days on Market

Highlights

  • Laundry closet
  • Tile Flooring
  • Ceiling Fan

About This Home

As of February 2017

Investors ONLY! Great ROI! This 3 bedroom, 1.5 bathroom townhome is conveniently located near LU, shopping and dining. This property has been well maintained with a new roof and hot water heater updated with in the last 5 years. All stainless steel appliances less than 10 years old. Also to convey washer and dryer that is less than 8 years old. Invest in this low maintenance townhome with newer laminate hardwoods in the living room and on the stairs along with new carpet in all 3 bedrooms. Currently rented on a 1 year lease through July 31, 2017 for $900/month.

Last Agent to Sell the Property

Cole Rice

Lauren Bell Real Estate, Inc. License #0225211000 Listed on: 10/17/2016

Last Buyer's Agent

Cole Rice

Lauren Bell Real Estate, Inc. License #0225211000 Listed on: 10/17/2016

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1989

Lot Details

  • 1,394 Sq Ft Lot

HOA Fees

  • $90 Monthly HOA Fees

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
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Schools

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

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 25418046

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: 0.0320
  • AssocFeeOptional: Required
  • Directions: Timberlake Rd. to Knollwood Townhome. (Entrance beside the Wooden Chair)
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Lot Measurement: Acres
  • Lot Sq Ft: 1394.00
  • MiddleSchool7: Sandusky Midl
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25418046
  • Year Built: 1989
  • Heating System: Heat Pump
  • Building Stories: Two
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 16.000 x 16.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 192.000000
  • Master Bedroom Dim: 12.000 x 16.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 16.000
  • 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 46
  • Reciprocal Listing: No
  • Second Bedroom: 10x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 10x9 Level: Level 2 Above Grade
  • Third Bedroom Area: 90.000000
  • Above Grade Finished Sq Ft: 1338.00
  • ApplianceConvey: Dishwasher, Disposal, Range-Elec, Refrigerator
  • Has Attic: Access
  • 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), Tile Bath(s), Drywall
  • Dining Kitchen: 16x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Washer Connections
  • Living Room: 16x16 Level: Level 1 Above Grade
  • Master Bedroom: 12x16 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 240.000000
  • LivingRoom Area: 256.000000
  • 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: Undergrnd Utilities
  • Patio: 8x7 Level: Level 1 Above Grade

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, Parking, Snow Removal, Trash, Sewer, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 90.00
  • Subdivision Complex: Knollwood Townhomes

Association/Amenities

  • Entry Level Unit: 46

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

Closed on
Apr 17, 2016
Sold by
Connor Gloria J and Scalise Gloria J
Bought by
Lynchburgs Finest Llc
Current Estimated Value
$163,229

Purchase Details

Closed on
Jan 26, 2006
Sold by
Ecp Llc
Bought by
Connor Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
6.15%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Lynchburgs Finest Llc -- None Available
Connor Gloria J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Connor Gloria J $15,200
Previous Owner Connor Gloria J $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2017 02/03/17 Sold $78,500 -1.8% $59 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
10/17/2016 10/17/16 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 $1,239 $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

  • C

    Seller's Agent in 2017

    Cole Rice

    Lauren Bell Real Estate, Inc.

    (434) 941-7959

    68 Total Sales

    Cole Rice
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 301795

APN: 254-18-046

Virginia Lynchburg City County Lynchburg 24502

8022 Timberlake Rd Unit 46, Lynchburg, VA

This home is located at 8022 Timberlake Rd Unit 46, Lynchburg, VA 24502 since 17 October 2016 and is currently estimated at $163,229, approximately $121 per square foot. This property was built in 1989. 8022 Timberlake Rd Unit 46 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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