NOT LISTED FOR SALE

8022 Timberlake Rd Unit 47 Lynchburg, VA 24502

Estimated Value: $148,000 - $192,295

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

Last Sold March 27, 2020

Last sale price $97,000 $72 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,056/month

161 Days on Market

Highlights

  • Laundry closet
  • Ceiling Fan
  • Carpet
  • Landscaped

About This Home

As of March 2020

Recently updated 3 Bedroom, 1.5 Bath townhouse conveniently located behind the Wooden Chair on Timberlake Road. Outside, enjoy a new timber landscaping barrier, five-year rubber mulch, mature bushes. Front door less than 2yrs old is freshly painted. Both sets of double windows on front of the home replaced within the last five years, the roof is approximately 5yrs old. The living room walls and ceiling have been freshly painted, and the kitchen has a brand new Whirlpool flat top stove and brand new Whirlpool dishwasher. The refrigerator conveys. New carpet on the stairs, landing, and in each of the three bedrooms. Two bedrooms have been freshly painted, and the spacious master bedroom has a deep closet. The upstairs bathroom has a new tub/shower combo, a newer toilet, and new flooring. New air compressor for the HVAC unit, a new outdoor light, and updated fixtures. Some of the lowest HOA fees in Lynchburg include trash, water, sewer and snow removal.

Last Agent to Sell the Property

Jim Straebel

Coldwell Banker Forehand & Co. License #0225020013 Listed on: 09/10/2019

Coldwell Banker Forehand & Co.

Last Buyer's Agent

Alison Pettit

Mark A. Dalton & Co., Inc. License #0225231523

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1989

Lot Details

  • 1,394 Sq Ft Lot
  • Landscaped

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • 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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 25418047

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. Beside the Wooden Chair. Located in the back left building.
  • ElementarySchool7: Heritage Elem
  • HighSchool7: Heritage High
  • Internet Providers: Verizon
  • 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: 25418047
  • 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 Sub Lot 47
  • Reciprocal Listing: No
  • Second Bedroom: 10x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 9x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 90.000000
  • Above Grade Finished Sq Ft: 1338.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Slab
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s)
  • Dining Kitchen: 15x16 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: Paved Drive, Landscaped, Insulated Glass
  • Patio: 7x8 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • 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, Road Maintenance, Roof, Sewer, Snow Removal, Trash, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 90.00
  • Subdivision Complex: Knollwood

Association/Amenities

  • Entry Level Unit: 47

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1338.00
  • Zoning: R4

Tax Info

  • Estimated Taxes: 1040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Mar 22, 2020
Sold by
Glenn Charles S and Glenn Kelly M
Bought by
Willis Ashley D
Seller's Agent
Jim Straebel
Coldwell Banker Forehand & Co.
Buyer's Agent
Alison Pettit
Mark A. Dalton & Co., Inc.
List Price
$97,500
Sold Price
$97,000
Premium/Discount to List
-$500
-0.51%
Current Estimated Value
$163,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,324
Avg. Annual Appreciation
9.81%
Original Mortgage
$95,243
Outstanding Balance
$84,190
Interest Rate
3.4%
Mortgage Type
Construction
Estimated Equity
$79,134

Purchase Details

Closed on
Jan 26, 2006
Sold by
Ecp Llc
Bought by
James Mark B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,800
Interest Rate
6.23%
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
Willis Ashley D $97,000 Old Republic National Title
James Mark B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Ashley D $95,243
Previous Owner James Mark B $22,800
Previous Owner James Mark B $53,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2020 03/27/20 Sold $97,000 -0.5% $72 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
09/10/2019 09/10/19 For Sale $97,500 +56.0% $73 / Sq Ft
12/16/2013 12/16/13 Sold $62,500 -10.6% $47 / Sq Ft View Prior Sale
12/16/2013 12/16/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $69,900 -- $52 / 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

  • J

    Seller's Agent in 2020

    Jim Straebel

    Coldwell Banker Forehand & Co.

    (434) 847-7731

    42 Total Sales

    Jim Straebel
    Section Image
  • Alison Pettit

    Buyer's Agent in 2020

    Alison Pettit

    Mark A. Dalton & Co., Inc.

    (434) 851-2565

    92 Total Sales

    Alison Pettit
    Section Image

  • L

    Seller's Agent in 2013

    Laura Ruff

    Sam E Davis Real Estate

    (434) 485-2935

    7 Total Sales

    Laura Ruff
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 320934

APN: 254-18-047

Virginia Lynchburg City County Lynchburg 24502

8022 Timberlake Rd Unit 47, Lynchburg, VA

This home is located at 8022 Timberlake Rd Unit 47, Lynchburg, VA 24502 since 10 September 2019 and is currently estimated at $163,324, approximately $122 per square foot. This property was built in 1989. 8022 Timberlake Rd Unit 47 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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