NOT LISTED FOR SALE

963 Rainbow Forest Dr Lynchburg, VA 24502

Timberlake Neighborhood

Estimated Value: $362,000 - $469,000

6 Beds
3 Baths
2,945 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $284,000 $96 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,454/month

27 Days on Market

Highlights

  • Property is near a clubhouse
  • Whirlpool Bathtub
  • Game Room
  • Wood Flooring
  • Great Room
  • Community Pool

About This Home

As of May 2017

First time on the market! If you need lots of Space this could be the one for you! This Brookville School district Beauty features 4 bedrooms on the main level all with new carpet, master with hardwood flooring and tray ceilings, covered porch off the master already wired for a hot tub with new carpet, sun room off great room with hardwood flooring! Lower level features concrete acid washed flooring, stone bar complete with wet bar in the large rec room, 2 additional bedrooms on the lower level with a full bath. Men, you will appreciate the HUGE detached workshop/garage/man cave. Lower level has large garage area to work on your autos or store your favorite toys, upstairs in the garage you will find your home away from home, large man cave with bar and hardwood flooring, outside is a large concrete pad with basketball goal. Home has just been freshly painted and walk to the Rainbow Forest Pool.

Last Agent to Sell the Property

Jenny Burge

Alliance Realty Group License #0225094851 Listed on: 03/29/2017

Last Buyer's Agent

Scott Estes

RE/MAX 1st Olympic License #0225201277

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Property is zoned R1

Home Design

  • Split Foyer
  • Shingle Roof

Interior Spaces

  • 2,945 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Gas Log Fireplace
  • Great Room
  • Game Room
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Location

  • Property is near a clubhouse

Schools

  • Tomahawk Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 11A673

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,522

Year Built

Built in 2007

Lot Details

0

Listing Details

  • FILLACRES: 0.4591
  • BuildingOnProperty: Storage Building, Workshop, Other
  • Directions: Waterlick Rd. to right onto Rainbow Forest Drive to Property on right or Timberlake Rd. to Laxton Rd. to left onto Rainbow Forest Drive to property on left just past pool.
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 19998.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11A673
  • Year Built: 2007
  • Detached Garage: 2 Car
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Split Foyer
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 182.000000
  • Master Bedroom Dim: 14.000 x 13.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 14.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 6
  • Broker Approved: Yes
  • Legal Description: Rainbow Forest Lot 3 BK 7 Section 1
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 12x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 11x11 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 121.000000
  • Fifth Bedroom: 15x10 Level: Below Grade
  • Fifth Bedroom Area: 150.000000
  • Sixth Bedroom: 15x11 Level: Below Grade
  • Sixth Bedroom Area: 165.000000
  • Above Grade Finished Sq Ft: 1650.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance
  • Flooring: Carpet, Concrete, Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log
  • Level 1 Full Bathrooms: 2
  • Great Room: 22x14 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Drywall, Great Room, High Speed Data Aval, Master Bed w/ Bath, Smoke Alarm, Tube Lights, Walk-In Closet(s), Wet Bar, Whirlpool Tub
  • Dining Kitchen: 17x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Master Bedroom: 14x13 Level: Level 1 Above Grade
  • Porch: 22x11 Level: Level 1 Above Grade
  • Rec Room: 30x17 Level: Below Grade
  • Sun Room: 14x12 Level: Level 1 Above Grade
  • GreatRoom Area: 308.000000
  • Livinggreat Room Dim: 22.000 x 14.000
  • Kitchen Area: 170.000000
  • 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 Area: 510.000000
  • Rec Room Dim: 30.000 x 17.000
  • Sun Room Area: 168.000000
  • Sunroom Dim: 14.000 x 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Landscaped, Storm Windows, Club House Nearby

Garage/Parking

  • Garage Spaces: Oversized
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2945.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1522

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Apr 26, 2017
Sold by
Maner Gerald P
Bought by
Glover Ryan T
Seller's Agent
Jenny Burge
Alliance Realty Group
Buyer's Agent
Scott Estes
RE/MAX 1st Olympic
List Price
$289,900
Sold Price
$284,000
Premium/Discount to List
-$5,900
-2.04%
Current Estimated Value
$430,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,011
Avg. Annual Appreciation
5.09%
Original Mortgage
$290,106
Outstanding Balance
$242,096
Interest Rate
4.14%
Mortgage Type
VA
Estimated Equity
$187,915
Source: Public Records

Range of Values:

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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
Glover Ryan T $284,000 Reliance Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glover Ryan T $144,500
Open Glover Ryan T $290,106
Previous Owner Maner Gerald P $168,000
Previous Owner Maner Gerald P $170,000
Previous Owner Maner Gerald P $90,000
Previous Owner Maner Gerald P $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $284,000 -2.0% $96 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $289,900 -- $98 / 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 $1,946 $432,400 $45,000 $387,400
2024 $1,946 $432,400 $45,000 $387,400
2023 $1,946 $432,400 $45,000 $387,400
2022 $1,748 $336,200 $24,000 $312,200
2021 $1,748 $336,200 $24,000 $312,200
2020 $1,748 $287,300 $24,000 $263,300
2019 $1,748 $336,200 $24,000 $312,200
2018 $1,494 $287,300 $24,000 $263,300
2017 $1,494 $287,300 $24,000 $263,300
2016 $1,494 $287,300 $24,000 $263,300
2015 -- $287,300 $24,000 $263,300
2014 -- $276,900 $22,000 $254,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jenny Burge

    Alliance Realty Group

    (434) 660-0711

    13 in this area

    114 Total Sales

    Jenny Burge
    Section Image
  • Scott Estes

    Buyer's Agent in 2017

    Scott Estes

    RE/MAX

    1 in this area

    9 Total Sales

    Scott Estes
    Section Image

  • W

    Buyer's Agent in 2017

    William Estes

    RE/MAX

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 304274

APN: 011A-06007-003-0

Virginia Campbell County Lynchburg 24502 Timberlake

963 Rainbow Forest Dr, Lynchburg, VA

This home is located at 963 Rainbow Forest Dr, Lynchburg, VA 24502 since 29 March 2017 and is currently estimated at $430,011, approximately $146 per square foot. This property was built in 2007. 963 Rainbow Forest Dr is a home located in Campbell County with nearby schools including Tomahawk Elementary School, Brookville Middle School, and Brookville High School.

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