OPEN HOUSE CANCELLED! Great opportunity to invest in Knollwood Townhomes. Step inside and you immediately notice the beautiful laminate flooring that is throughout the family room. The large family room features a large window that offers an abundance of natural light. You'll love the amount of cabinet and counter space in the kitchen! The kitchen gives access to the backyard/ area with wooded tree line giving added privacy. Upstairs you'll find 2 oversized bedrooms with carpet and a full bathroom. Located just off Timberlake Rd, this will make a great, affordability home! Schedule your showing today!
TownhomeProperty Type
1989Year Built
1,220 sq ftLot Size
$163Est. Price/Sq.Ft.
Listed by Stephen Acree• Keller Williams
Bought with Liz Dawson• Blanks Properties, Inc.
Source:LMLS #325478
Redfin Estimate
$146,732
$19K since sold in May 2023$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.9% lower than the average sale price ($158K) of 6 comparable homes.
OPEN HOUSE CANCELLED! Great opportunity to invest in Knollwood Townhomes. Step inside and you immediately notice the beautiful laminate flooring that is throughout the family room. The large family room features a large window that offers an abundance of natural light. You'll love the amount of cabinet and counter space in the kitchen! The kitchen gives access to the backyard/ area with wooded tree line giving added privacy. Upstairs you'll find 2 oversized bedrooms with carpet and a full bathroom. Located just off Timberlake Rd, this will make a great, affordability home! Schedule your showing today!
LMLS #282434
May 5, 2014
Sold
$78,300
$87/sq ft
Dec 13, 2013
Listed
$74,900
$83/sq ft
+20
Zero Down Available! Smart 2 Bedroom, 1.5 Bath, Maintenance-Free Investment, in an Ultra-Convenient Location! Ideal for the young professional, college student, or investor looking to generate steady, monthly cashflow. Walking distance to restaurants, shopping, entertainment venues, grocery stores and much more! Convenient access to Liberty University! Completely updated with upgrades that will allow you to maximize your return on investment. ALL APPLIANCES CONVEY, including Washer & Dryer! With historically low interest rates expected to rise in the near future, NOW is the time to buy! And this affordable townhome provides all the upgrades and convenient location that you are looking for. Don't let this opportunity slip through your fingers!
Public Records
Feb 20, 2009
Sold
$72,000
$80/sq ft
Public Records
Jun 21, 2006
Sold
$68,500
$76/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,105 (+26.5%)
$20,000 + $111,500
$131,500
2024
$873
$20,000 + $111,500
$131,500
2023
$873 (+4.9%)
$20,000 + $78,100
$98,100
2022
$832 (−7.2%)
$20,000 + $78,100
$98,100
2021
$897 (+7.9%)
$20,000 + $60,800
$80,800
2020
$831
$20,000 + $60,800
$80,800
2019
$831
$18,000 + $56,900
$74,900
2018
$831
$18,000 + $56,900
$74,900
2017
$831
$18,000 + $56,900
$74,900
2016
$831
$18,000 + $56,900
$74,900
Tax history for 8022 Timberlake Rd #10
Year
Property tax
Land + Additions
Assessment*
2025
$1,105 (+26.5%)
$20,000 + $111,500
$131,500
2024
$873
$20,000 + $111,500
$131,500
2023
$873 (+4.9%)
$20,000 + $78,100
$98,100
2022
$832 (−7.2%)
$20,000 + $78,100
$98,100
2021
$897 (+7.9%)
$20,000 + $60,800
$80,800
2020
$831
$20,000 + $60,800
$80,800
2019
$831
$18,000 + $56,900
$74,900
2018
$831
$18,000 + $56,900
$74,900
2017
$831
$18,000 + $56,900
$74,900
2016
$831
$18,000 + $56,900
$74,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R4
High Density Residential District
The R-4 district is intended to provide for residential and other compatible uses at high densities in locations with adequate infrastructure and proximity to necessary services and employment. R-4 districts may include any type of housing, as well as public uses, institutional uses, private recreation and limited retail and service uses, when accessory to a multi-household development.
Permitted uses
Include but are not limited to:
Greenhouse / nursery
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Educational/school
Fire house
Library
Museum / gallery
Post office
Property details
Interior
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump
Room Information
# of Rooms: 4
Exterior
Exterior Information
Construction Type: Wood
Exterior Wall: Brick/Wood/Stone Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Building Improvement Type: Residential
Property Information
Subdivision Name: KNOLLWOOD
Living Sq. Ft: 900
Building Sq. Ft: 900
# of Stories: 2
Stories Type: 2
Legal Description: KNOLLWOOD TOWNHOMES, LOT 10
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,220
Legal Lot Number: 10
Acres: 0.028
Zoning Code: R4
County Use Description: TOWNHOUSE
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 900
Stories: 2.0
Lot Size: 1,220 square feet
Style: Townhouse
Year Built: 1989
Year Renovated: —
County: Lynchburg
APN: 25418010
Home facts updated by county records on Sep 21, 2026
Around this home
Schools
Heritage Elementary School
Public PreK-5 • Assigned • 1.5mi
2/10
Sandusky Middle School
Public 6-8 • Assigned • 2.6mi
1/10
Heritage High School
Public 9-12 • Assigned • 1.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
2% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Lynchburg, VA • 24502
Average low and high temperatures (°F)
43
25
50
31
67
41
74
50
76
54
87
65
89
70
81
64
80
59
71
48
62
41
47
30
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.8 hours in December, which is comparable to the
U.S. average for solar exposure.
9.3 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$140,000 – $169,000
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