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398 Tomahawk Drive

398 Tomahawk Drive, Lynchburg, VA 24502
Property in Campbell
Sold Aug 24, 2021
$350,000
$284,900 by Assurance Financial Group Llc
Mortgage
Sold Dec 29, 2017
$275,000
$270,019 by Embrace Home Loans Inc
Mortgage
Local assessors in Lynchburg, VA have categorized 398 Tomahawk Drive as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 4,206 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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. If we look only at the heated or air conditioned part of the building, then 398 Tomahawk Drive has a total of 2,673 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,740 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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 style roof. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 398 Tomahawk Drive was last sold in Aug 3, 2021 for $350,000. According to our calculations, that's $130.94 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Dec 27, 2017. Current property owners are expected to pay $1,389 in taxes per year. The property on 398 Tomahawk Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $267,200. To break that down further, the land itself was valued at $21,100. While improvements to the property were assessed at a total of $246,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Basement Type: Partial basement
  • Basement Area: 1,740
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,206
  • Total Building Area: 2,673
  • Building Area: 2,673
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,673
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POWHATAN M COXS PROP
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P M COX LOTS 49-54

Ownership

  • Current Owner : BASS JAMES T
  • Current Owner 2: BASS EMILY A
  • Previous Owner : THACKER WAYNE
  • Owner Before Previous Owner: Central Va Home Buyers Llc A Virginia li
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Campbell County Public Schools
  • Census Tract: 020300

Zoning

  • Zoning: RSF

Geography

  • Parcel: 020C-07000-052-0
  • Lot: 49,54
  • Latitude: 37.3327
  • Longitude: -79.2477

    Address

  • Full Address: 398 Tomahawk Dr
  • Address - House Number: 398
  • Address - Street Name: Tomahawk
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: C066
  • 4-Digit Zip Code: 3360
  • Zip Code: 24502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,389

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Aug 24, 2022
  • Confidence Score: 78
  • Final Value: 395,509
  • High Value: 462,300
  • Low Value: 328,718

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $284,900
  • First Open Lien Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Open Lien Mortgage Recording Date: Aug 24, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $284,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $267,200
  • Market Land Value: $21,100
  • Market Improvement Value: $246,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $267,200
  • Assessed Land Value: $21,100
  • Assessed Improvements Value: $246,100

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Transaction ID: 11858747733
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210006351
  • Previous Sale Recording Date: Dec 29, 2017
  • Previous Sale Contract Date: Dec 27, 2017
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Mortgage Transaction Date: Aug 24, 2021
  • First Mortgage Loan Amount: $284,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: EMBRACE HOME LOANS INC
  • Previous Mortgage Transaction Date: Dec 29, 2017
  • Previous Mortgage Loan Amount: $270,019
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Timberlake



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Frequently Asked Questions

What neighborhood is 398 Tomahawk Drive located in?
The 398 Tomahawk Drive is a located in the neighborhood of Campbell in Timberlake, Lynchburg.
What is the average sales price for listings in 398 Tomahawk Drive?
The average sales price for units in 398 Tomahawk Drive is $0 currently.

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