9 days on rocket

516 Capstone Dr, Lynchburg, VA, 24502

$299,900

Home List Price

$3,561*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,480 SqFt
$203/SqFt
Townhouse

Location

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516 Capstone Dr, Lynchburg$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built2009
HeatingHeat Pump
CoolingHeat Pump
BasementYes
ViewOther
MLS #356234
Lot Size0.05 Acres
StatusActive

About 516 Capstone Dr

Great open floor plan w/ the family room opening to the dining area & kitchen. Main-level has new vinyl plank flooring throughout & 9 foot ceilings w/ crown molding. Lovely kitchen w/ breakfast nook, all new stainless steel appliances & ample cabinetry. Large master bedroom w/ private master bathroom and large walk in closet. All full bathrooms have new marble countertops, custom cabinetry & ceramic tile. Level back patio is perfect size for outside grilling and this unit has a bonus exterior storage room. Cornerstones amenities are hard to beat featuring a salt water pool, 25 acre Park w/ walking trails, a fire pit area, playgrounds & many common green areas. Walk to shops & restaurants & enjoy the high speed fiber optic internet. Make this your next home or investment property, only minutes from LU!

Property Details

Property Features

Property Information:

  • Year Built: 2009
  • Stories: 2
  • Living Area: 1,480 SqFt

Listing Office:

  • Office Name: Priority One Properties
  • Office Phone: (434) 237-7800
  • Listing Agent: Josh Allen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Vinyl Plank
  • Interior: Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Primary Bed w/Bath, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Dryer Connection, Laundry Closet, Second Floor, Washer Connections

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Off-Street Parking, Patio, Pool Nearby, Concrete Drive, Landscaped, Insulated Glass, Undergrnd Utilities

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: From Greenview Drive, turn onto Capstone Drive into the Cornerstone Community. Property is down on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $203/SqFt

HOA Fees:

  • Amount: $138
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,623
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lynchburg, VA.

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Lynchburg, VA

City

Med. Sold Price

$281.1K

Med. Price/SqFt

$159

Avg. Days On Market

28

# of Sold Homes

103

516 Capstone Dr vs Lynchburg

9 DAYS ON ROCKET

-19 Days

$299,900

+$18.7K More

$203/SqFt

+$43 More

KEY TAKEAWAY

This property is $18.7K more than the Median Sold Price and $43/SqFt more than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #356234

Listing Office:

  • Office Name: Priority One Properties
  • Office Phone: (434) 237-7800
  • Listing Agent: Josh Allen

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: 12/21/2024, 11:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 30, 2010Home Sold
$135,000
Oct 07, 2009Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,623$146,200
2019$1,496$146,200
2018$1,496$134,800
2017$1,496$134,800

History based on county public records data.

Payment Calculator

$1,702

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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.

Nearby Schools

school-card-donut-816296
6
/10

  • Leesville Road Elementary School

  • 25 Lewis Way

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-816297
6
/10

  • Tomahawk Elementary School

  • 155 Bee Dr

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-816298
2
/10

  • Heritage Elementary School

  • 501 Leesville Rd

  • 1.70 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,039. Most Lynchburg, VA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 Capstone Dr

What is the listing price of this property?

The listing price of 516 Capstone Dr property is $299,900.

What type of property is this?

The property 516 Capstone Dr is a townhouse located in Lynchburg, Virginia, 24502.

Is this property for sale now?

Active Listing: 516 Capstone Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,623 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 30, 2010 for $135,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 516 Capstone Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 516 Capstone Dr is 1,480 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 Capstone Dr is 2009.

Rocket Homes›Virginia›Lynchburg›24502›516 Capstone Dr

This home is located at 516 Capstone Dr in Lynchburg, VA and zip code 24502 in the Cornerstone neighborhood. This 1,480 square foot home, which was built in 2009, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $299,900.

In November 2024 more than 25 listings in Lynchburg, VA were sold above the asking price. During the same period more than 34 listings were sold at asking price, while more than 44 were sold below. The inventory of homes for sale in Lynchburg, VA between October 2024 and November 2024 decreased by 4.9%. In November 2024 median list price was $281,126 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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