Prime Commercial Property consisting of two lots being approximately 1.1 acre with approx. 213' of frontage on Timberlake Rd. (Rt. 460 Business). Selling both lots for $140,000 or can be purchased separately for $75,000 each.
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Commercial Read & Company
Listing Agent: Rick L Read
Lot Features
Lot Information:
Lot Size: 1.10 Acres
School Info
Assigned Schools Information:
Heritage High School, Public District Grades 9-12
Sandusky Middle School, Public District Grades 6-8
Heritage Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Located in the West bound lane of Timberlake Road approximately 220' East of Roundelay Circle.
Price Information
Listing Price Info
Price Summary:
List Price: $140,000
Tax Information:
Annual Amount: $618
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Lynchburg, VA.
This property is $124.7K less than the Median Sold Price in Lynchburg, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Lynchburg
MLS Number: #342423
Listing Office:
Office Name: Coldwell Banker Commercial Read & Company
Listing Agent: Rick L Read
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/3/2024, 3:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$618
$55,700
2019
$801
$55,700
2018
$801
$72,200
2017
$801
$72,200
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Heritage Elementary School
501 Leesville Rd
Distance between this listing and this school0.75 miles
Public District Grades PK-5
Middle School
3
/10
Sandusky Middle School
805 Chinook Pl
Distance between this listing and this school1.83 miles
Public District Grades 6-8
High School
2
/10
Heritage High School
3020 Wards Ferry Rd
Distance between this listing and this school0.83 miles
Public District Grades 9-12
Assigned Schools
3
/10
Heritage Elementary School
501 Leesville Rd
Distance between this listing and this school0.75 miles
Public District Grades PK-5
Nearby Schools
5
/10
Tomahawk Elementary School
155 Bee Dr
Distance between this listing and this school1.30 miles
Public District Grades PK-5
3
/10
Sheffield Elementary School
115 Kenwood Pl
Distance between this listing and this school1.78 miles
Public District Grades PK-5
Assigned Schools
3
/10
Sandusky Middle School
805 Chinook Pl
Distance between this listing and this school1.83 miles
Public District Grades 6-8
Nearby Schools
4
/10
Brookville Middle School
320 Bee Dr
Distance between this listing and this school1.33 miles
Public District Grades 6-8
3
/10
Linkhorne Middle School
2525 Linkhorne Dr
Distance between this listing and this school4.38 miles
Public District Grades 6-8
Assigned Schools
2
/10
Heritage High School
3020 Wards Ferry Rd
Distance between this listing and this school0.83 miles
Public District Grades 9-12
Nearby Schools
6
/10
Brookville High School
100 Laxton Rd
Distance between this listing and this school1.15 miles
Public District Grades 9-12
2
/10
E.C. Glass High School
2111 Memorial Ave
Distance between this listing and this school4.52 miles
The neighbors living near this home have an average income of $59,670. Typical income of Lynchburg, VA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7521 Timberlake Rd
What is the listing price of this property?
The listing price of 7521 Timberlake Rd property is $140,000.
What type of property is this?
The property 7521 Timberlake Rd is land located in Lynchburg, Virginia, 24502.
Is this property for sale now?
Active Listing: 7521 Timberlake Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7521 Timberlake Rd are: Heritage Elementary School: GreatSchools Rating 3/10Sandusky Middle School: GreatSchools Rating 3/10Heritage High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $618 (source: MLS/based on county public records data).
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This home is located at 7521 Timberlake Rd in Lynchburg, VA and zip code 24502. This home sits on a 1.10 acre lot. It has been listed on Rocket Homes since February 02, 2023 and is currently priced at $140,000.
In April 2024, from all listings sold in Lynchburg, VA there were more than 37 sold above asking price, over 34 sold below and more than 45 were sold right at the asked price. Between March 2024 and April 2024, Lynchburg, VA real estate market has seen increase in the number of listings by 78.1%. In April 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $264,764.
From Rocket Homes Real Estate and based on county public records data.
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