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723 Sunburst Road

723 Sunburst Road, Lynchburg, VA 24501
Property in Campbell
Local assessors in Lynchburg, VA have categorized 723 Sunburst Road as a commercial type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 28,793 square feet. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 723 Sunburst Road has a total of 3,600 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Residents rely on no air conditioning for their cooling system. 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, 723 Sunburst Road was last sold in Nov 30, 2018 for $179,000. According to our calculations, that's $49.72 per sqft. Prior to that sales transaction, the property was sold for $150,000 in Jan 1, 1970. Current property owners are expected to pay $1,034 in taxes per year. The property on 723 Sunburst Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $198,800. To break that down further, the land itself was valued at $59,500. While improvements to the property were assessed at a total of $139,300. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 28,793
  • Total Building Area: 3,600
  • Gross Building Area: 3,600
  • Building Area: 3,600
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.661
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LEESVILLE RD

Ownership

  • Current Owner : TRADEMARK INVESTMENTS CORP
  • Previous Owner : MCGANN KENNETH
  • Previous Owner 2: MCGANN ELIZABETH
  • Owner Before Previous Owner: MCGANN RICHARD W
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Campbell County Public Schools
  • Census Tract: 020403

Zoning

  • Zoning: IH

Geography

  • Parcel: 0210-0A000-200-0
  • Latitude: 37.3117
  • Longitude: -79.2362

    Address

  • Full Address: 723 Sunburst Rd
  • Address - House Number: 723
  • Address - Street Name: Sunburst
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Lynchburg
  • Carrier Code: R002
  • 4-Digit Zip Code: 7784
  • Zip Code: 24501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,034

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $152,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $198,800
  • Market Land Value: $59,500
  • Market Improvement Value: $139,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $198,800
  • Assessed Land Value: $59,500
  • Assessed Improvements Value: $139,300

    Sales

  • Current Sale Contract Date: Nov 30, 2018
  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Transaction ID: 11546894093
  • Current Sale Price: $179,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180005567
  • Previous Sale Recording Date: Jun 25, 2014
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Nov 30, 2018
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF THE JAMES
  • Previous Mortgage Transaction Date: Jun 25, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Land Contract (Argmt. Of Sale)

About Timberlake



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Frequently Asked Questions

What neighborhood is 723 Sunburst Road located in?
The 723 Sunburst Road is a located in the neighborhood of Campbell in Timberlake, Lynchburg.
What is the average sales price for listings in 723 Sunburst Road?
The average sales price for units in 723 Sunburst Road is $0 currently.

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