Check Availability

320 Cornerstone Street

320 Cornerstone Street, Lynchburg, VA 24502
Property in Cornerstone
Sold Aug 23, 2021
$325,000
$304,000 by Nation One Mortgage Corp
Mortgage Due Sep 01, 2051
Sold Jul 02, 2018
$257,000
$244,150 by Bank Of The James
Mortgage Due Jul 01, 2048
Local assessors in Lynchburg, VA have categorized 320 Cornerstone Street as a residential type of property. The home was built in 2010 and is 14 years old. The property's lot size has been calculated to be 7,362 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 320 Cornerstone Street has a total of 1,758 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 583 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of a combination of material were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. The property was last sold in Aug 6, 2021 for $325,000. That's $184.87 per sqft. Prior to that sales transaction, the property was also sold in Jun 29, 2018 for $257,000. 320 Cornerstone Street was last assessed in 2023. The total value of the property was assessed at $312,000. Specifically, the land the property is located on was valued at $50,000. While improvements on the property were assessed at a total of $262,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,777. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Combination
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 583
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,362
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,758
  • Building Area: 1,758
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,758
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNERSTONE-DETACHED HOMES
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORNERSTONE, BLK P, LOT P14

Ownership

  • Current Owner : OCHABSKI DAVID
  • Current Owner 2: OCHABSKI BRITNEE LEE
  • Previous Owner : COMBS STEVEN
  • Owner Before Previous Owner: KEITH AMANDA
  • Owner Before Previous Owner 2: WHIDDON AMANDA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lynchburg City Public Schools
  • Census Tract: 001602

Zoning

  • Zoning: R1

Geography

  • Parcel: 263 15 562
  • Block: P
  • Lot: P14
  • Latitude: 37.3433
  • Longitude: -79.2242

    Address

  • Full Address: 320 Cornerstone St
  • Address - House Number: 320
  • Address - Street Name: Cornerstone
  • Address - Suffix Type: St
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C058
  • 4-Digit Zip Code: 5273
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,777

    Appraisal Valuation

  • Standard Deviation: 0.1657
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 384,724
  • High Value: 448,478
  • Low Value: 320,970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: NATION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 23, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $312,000
  • Market Land Value: $50,000
  • Market Improvement Value: $262,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,000
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $262,000

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 23, 2021
  • Current Sale Transaction ID: 11853744722
  • Current Sale Price: $325,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 210007495
  • Previous Sale Recording Date: Jul 02, 2018
  • Previous Sale Contract Date: Jun 29, 2018
  • Previous Sale Amount: $257,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATION ONE MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 23, 2021
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE JAMES
  • Previous Mortgage Transaction Date: Jul 02, 2018
  • Previous Mortgage Loan Amount: $244,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Cornerstone



Similar Buildings

Property at 320 Cornerstone Street,

155 Emanuel Court

  • 1 Unit for Sale
155 Emanuel Court, Lynchburg, VA 24502
Property at 320 Cornerstone Street,

601 Wyndhurst Drive

  • 1 Unit for Sale
601 Wyndhurst Drive, Lynchburg, VA 24502

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 320 Cornerstone Street located in?
The 320 Cornerstone Street is a located in the neighborhood of Cornerstone in Cornerstone, Lynchburg.
What is the average sales price for listings in 320 Cornerstone Street?
The average sales price for units in 320 Cornerstone Street is $0 currently.

Quantcast