NOT LISTED FOR SALE

116 Little Folks Ln Rustburg, VA 24588

Estimated Value: $111,000 - $312,150

3 Beds
1.5 Baths
1,628 Sq Ft
$146/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $78,000 $48 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $1,338/month

7 Days on Market

Highlights

  • 3.2 Acre Lot
  • Cape Cod Architecture
  • Separate Outdoor Workshop
  • Creek or Stream View
  • Main Floor Bedroom
  • Garden

About This Home

As of August 2023

Lots of Potential offered by this 3 BR, 1.5 BA house on over 3 acres. Includes an abandoned trailer & very large detached workshop, mostly wooded lot with a stream near the rear. Major TLC needed and will not qualify for most financing.

Last Agent to Sell the Property

Teresa Hudson

John Stewart Walker, Inc License #0225170883 Listed on: 07/21/2023

Last Buyer's Agent

Denise Lyons

Century 21 ALL-SERVICE-BED License #0225232710

Century 21 ALL-SERVICE-BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $572

Year Built

  • Built in 1954

Lot Details

  • 3.2 Acre Lot
  • Garden

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 1,628 Sq Ft Home
  • 1.5-Story Property
  • Creek or Stream Views
  • Crawl Space
  • Storage In Attic

Flooring

  • Parquet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Rustburg Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • No Cooling
  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35A23001996400

Home Details

Home Type

Single Family

Est. Annual Taxes

$572

Year Built

Built in 1954

Lot Details

0

Listing Details

  • FILLACRES: 3.2000
  • BuildingOnProperty: Workshop
  • Directions: 29 to Rustburg main intersection, L on Rt 24, R on Red House Rd, R on little Folks Lane.
  • ElementarySchool4: Rustburg Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 139392.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 35A23001996400
  • Year Built: 1954
  • Heating System: Electric Baseboard
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Officeden Len: 24.000
  • Officeden Wid: 12.000
  • Laundryroom Dim: 6.000 x 6.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 28.000 x 12.000
  • Livingroom Len: 28.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 256.000000
  • Master Bedroom Dim: 16.000 x 16.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 13.000 x 12.000
  • Other Room1 Area: 512.000000
  • Other Room1 Len: 32.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Mt Zion Rd
  • Reciprocal Listing: No
  • Second Bedroom: 10x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 90.000000
  • Third Bedroom: 10x9 Level: Level 1 Above Grade
  • Third Bedroom Area: 90.000000
  • Above Grade Finished Sq Ft: 1628.00
  • ApplianceConvey: None
  • Has Attic: Storage Only
  • Has Basement: Crawl Space
  • Flooring: Carpet, Parquet, Vinyl
  • Year Built Exception: 0
  • Den: 24x12 Level: Level 1 Above Grade
  • Formal Dining: 12x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Half Bathroom: 1
  • Interior Amenities: Cable Available, High Speed Data Aval, Main Level Bedroom
  • Dining Kitchen: 14x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 6x6 Level: Level 1 Above Grade
  • Living Room: 28x12 Level: Level 1 Above Grade
  • Master Bedroom: 16x16 Level: Level 2 Above Grade
  • Office: 13x12 Level: Level 2 Above Grade
  • Other Room 1: 32x16 Level: Level 1 Above Grade
  • Porch: 30x8 Level: Level 1 Above Grade
  • Additional Room 1 Description: Outdoor Storage
  • Den Area: 288.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 154.000000
  • Laundry Room Area: 36.000000
  • LivingRoom Area: 336.000000
  • Office Area: 156.000000
  • Est Other Room1 Dim: 32.000 x 16.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Stream/Creek

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: None
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1628.00

Tax Info

  • Estimated Taxes: 572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 22, 2023
Sold by
Torrence Frank and Torrence Matthew
Bought by
Layne Logan M and Layne Harley B
Seller's Agent
Teresa Hudson
John Stewart Walker, Inc
Buyer's Agent
Denise Lyons
Century 21 ALL-SERVICE-BED
List Price
$76,900
Sold Price
$78,000
Premium/Discount to List
$1,100
1.43%
Views
216
Current Estimated Value
$237,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,288
Avg. Annual Appreciation
59.02%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Layne Logan M $78,000 Old Republic National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $78,000 +1.4% $48 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $76,900 -- $47 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $572 $127,000 $35,100 $91,900
2024 $572 $127,000 $35,100 $91,900
2023 $572 $127,000 $35,100 $91,900
2022 $619 $119,000 $41,400 $77,600
2021 $619 $119,000 $41,400 $77,600
2019 $619 $119,000 $41,400 $77,600
2018 $678 $130,400 $34,400 $96,000
2017 $78 $130,400 $34,400 $96,000
2016 $78 $130,400 $34,400 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 345387

APN: 0350-0A000-023-0