NOT LISTED FOR SALE

8022 Timberlake Rd Unit 51 Lynchburg, VA 24502

Estimated Value: $155,000 - $195,864

3 Beds
1.5 Baths
1,338 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $100,000 $75 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,084/month

2 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Landscaped
  • Ceiling Fan

About This Home

As of August 2020

End unit Knollwoods Townhouse in convenient location off of Timberlake Road. Move-in condition. Freshly painted. Great investment property. Spacious living room with laminate flooring. Come check it out!

Last Agent to Sell the Property

Corrie Hall

eXp Realty LLC-Lynchburg License #0225230803 Listed on: 07/21/2020

eXp Realty LLC-Lynchburg

Last Buyer's Agent

Michael Misjuns

Century 21 ALL-SERVICE License #0225096832

Century 21 ALL-SERVICE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1989

Lot Details

  • 2,526 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

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Home Security

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25418051

Community Details

Overview

  • Knollwoods Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,030

Year Built

Built in 1989

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • FILLACRES: 0.0580
  • AssocFeeOptional: Required
  • Directions: Timberlake Rd to Knollwoods (next to 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
  • TaxMapParcelID: 25418051
  • Year Built: 1989
  • Heating System: Heat Pump
  • Building Stories: Two
  • Laundryroom Dim: 8.000 x 3.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 16.000 x 15.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 192.000000
  • Master Bedroom Dim: 16.000 x 12.000
  • Masterbedroom Len: 16.000
  • 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 51
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 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, Range-Elec, Refrigerator
  • Has Attic: Access, Scuttle
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Smoke Alarm
  • Dining Kitchen: 15x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Laundry Room: 8x3 Level: Level 1 Above Grade
  • Living Room: 16x15 Level: Level 1 Above Grade
  • Master Bedroom: 16x12 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 225.000000
  • Laundry Room Area: 24.000000
  • LivingRoom Area: 240.000000
  • 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

  • Lot Number: 51
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Landscaped, Insulated Glass, Undergrnd Utilities

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: Lynchburg Board of Realtors
  • Association Fee: 90.00
  • Subdivision Complex: Knollwoods

Association/Amenities

  • Entry Level Unit: 51

Schools

  • School District: Lynchburg
  • School District: Lynchburg

Lot Info

  • Lot Sq Ft: 1338.00

Tax Info

  • Estimated Taxes: 1030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 20, 2020
Sold by
Helbling Leah
Bought by
Cox Brandon M and Swayze-Cox Kerri L
Seller's Agent
Corrie Hall
eXp Realty LLC-Lynchburg
Buyer's Agent
Michael Misjuns
Century 21 ALL-SERVICE
List Price
$99,500
Sold Price
$100,000
Premium/Discount to List
$500
0.5%
Current Estimated Value
$168,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,466
Avg. Annual Appreciation
10.70%
Original Mortgage
$94,627
Outstanding Balance
$83,784
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$84,682

Purchase Details

Listed on
Jul 28, 2017
Closed on
Nov 16, 2017
Sold by
Narea Edward P and Narea Hanako
Bought by
Helbling Leah
Seller's Agent
Dan Vollmer
Dwell
Buyer's Agent
Wanda Ott
NextHome TwoFourFive
List Price
$85,000
Sold Price
$82,360
Premium/Discount to List
-$2,640
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$80,867
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2013
Sold by
Narea Edward P
Bought by
Narea Edward P and Narea Hanako

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2006
Sold by
Ecp Llc
Bought by
Narea Edward P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.5%
Mortgage Type
New Conventional
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
Cox Brandon M $100,000 Old Republic National Title
Helbling Leah $82,360 None Available
Narea Edward P -- None Available
Narea Edward P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Brandon M $94,627
Previous Owner Helbling Leah $80,867
Previous Owner Narea Edward P $60,000
Previous Owner Narea Edward P $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2020 08/28/20 Sold $100,000 +0.5% $75 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $99,500 +20.8% $74 / Sq Ft
11/29/2017 11/29/17 Sold $82,360 -3.1% $62 / Sq Ft View Prior Sale
11/29/2017 11/29/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $85,000 -- $64 / 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 2020

    Corrie Hall

    eXp Realty LLC-Lynchburg

    (434) 426-2845

    222 Total Sales

    Corrie Hall
    Section Image
  • Michael Misjuns

    Buyer's Agent in 2020

    Michael Misjuns

    Century 21 ALL-SERVICE

    (434) 509-5529

    194 Total Sales

    Michael Misjuns
    Section Image

  • D

    Seller's Agent in 2017

    Dan Vollmer

    Dwell

    (434) 420-1238

    119 Total Sales

    Dan Vollmer
    Section Image
  • Wanda Ott

    Buyer's Agent in 2017

    Wanda Ott

    NextHome TwoFourFive

    (434) 610-1605

    23 Total Sales

    Wanda Ott
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 326191

APN: 254-18-051

Virginia Lynchburg City County Lynchburg 24502

8022 Timberlake Rd Unit 51, Lynchburg, VA

This home is located at 8022 Timberlake Rd Unit 51, Lynchburg, VA 24502 since 21 July 2020 and is currently estimated at $168,466, approximately $125 per square foot. This property was built in 1989. 8022 Timberlake Rd Unit 51 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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