8022 Timberlake Rd
Lynchburg, VA 24502
2 bd 2 ba 900 sqft Built 1989 Lot 1,220 sqft townhomes
Most recent sale
$119,000
Sep 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 1, 2022 | Sold | $119,000 | Public Record |
| Jul 10, 2022 | Listed | $110,000 | MLS #339346 |
| Feb 9, 2018 | Listed | $89,900 | MLS #309897 |
| Nov 3, 2005 | Sold | $354,500 | Public Record |
| Jan 1, 2003 | Sold | $1,400,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $124,800 | $20,000 | $144,800 | $1,216 |
| 2024 | $124,800 | $20,000 | $144,800 | $873 |
| 2023 | $78,100 | $20,000 | $98,100 | $873 |
| 2022 | $60,800 | $20,000 | $80,800 | $832 |
| 2021 | $60,800 | $20,000 | $80,800 | $897 |
| 2020 | $56,900 | $18,000 | $74,900 | $831 |
| 2019 | $56,900 | $18,000 | $74,900 | $831 |
| 2018 | $56,900 | $18,000 | $74,900 | $831 |
| 2017 | $56,900 | $18,000 | $74,900 | $831 |
| 2016 | $56,900 | $18,000 | $74,900 | $831 |
| 2014 | $56,900 | $18,000 | $74,900 | $831 |
| 2013 | $56,900 | $18,000 | $74,900 | $831 |
| 2012 | $56,900 | $18,000 | $74,900 | $831 |
| 2011 | $56,900 | $18,000 | $74,900 | $786 |
| 2009 | $52,200 | $15,000 | $67,200 | $706 |
| 2008 | $52,200 | $15,000 | $67,200 | $706 |
| 2006 | $52,200 | $15,000 | $67,200 | $428 |
Property facts
Year built
1989
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
900 sqft
Lot size
1,220 sqft
ZIP code
24502
City
Lynchburg
Street
Timberlake Rd
Coordinates
37.34859, -79.22868
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,350
Gross rental yield
13.61%
Implied cap rate
8.85%
Trend-extrapolated value
—
Frequently asked questions
When did 8022 Timberlake Rd last sell?
8022 Timberlake Rd most recently sold on Sep 1, 2022 for $119,000.
What is the current tax assessment for 8022 Timberlake Rd?
The most recent total assessment for 8022 Timberlake Rd (year 2025) is $144,800 with $1,216 in property tax.
How does 8022 Timberlake Rd's assessment compare to its last sale price?
The current assessment is 21.7% above the last sale price of $119,000.
When was 8022 Timberlake Rd built?
8022 Timberlake Rd was built in 1989.
How does 8022 Timberlake Rd compare to others on Timberlake Rd?
We track 8 other properties on Timberlake Rd. Browse the list under "Other properties on Timberlake Rd" to compare beds, baths, and sale history.
What are the property facts for 8022 Timberlake Rd?
8022 Timberlake Rd is a 2 bed, 2 bath, 900 sqft, 1,220 sqft lot townhomes.
Is 8022 Timberlake Rd a flip candidate?
No — 8022 Timberlake Rd does not appear in our flips dataset.
Is 8022 Timberlake Rd a tax-appeal candidate?
Yes — 8022 Timberlake Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-7.9%
2026 Q3
$272.7K
2026 Q4
$266.5K
ZIP 24502 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Timberlake Rd