NOT LISTED FOR SALE

1470 Lynbrook Rd Rustburg, VA 24588

Estimated Value: $1,229,081

5 Beds
2 Baths
3,850 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $1,150,000 $299 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,038/month

27 Days on Market

Highlights

  • Water Views
  • Multiple Fireplaces
  • Wood Flooring
  • 3,484,800 Sq Ft lot
  • Freestanding Bathtub
  • Farmhouse Style Home

About This Home

As of June 2023

If these walls could talk? Vintage musical instruments, a collection of Cuckoo clocks, a 1961 Monopoly game, preserved band costumes from the 50's, pastel rotary dial phones & the most fabulous drawing room with boxes of letters from 1931 make up some of the personal effects in the sprawling farmhouse. This can only mean there are some great stories waiting to be told and new ones ready to become a memory. Take a walk through this Southern Estate on 80+/- acres in beautiful Campbell County with mountain views, pond, 68-foot porch, 3 car detached garage. 5 bedrooms, 2 baths, large formal dining and entertaining spaces. Plus bonus rooms. Hardwood floors. Plenty of storage and a cedar closet. Additional 3 bedroom caretakers home. Bring your horses, four wheelers and fishing poles! Close to 29 S plus Liberty University. Great investment opportunity with public water available and sewer soon to be close by. Owner is licensed real estate agent in VA. Acreage to be determined by new survey.

Last Listed By

Jimmy Rufus

eXp Realty LLC-Fredericksburg License #0225183489 Listed on: 03/17/2023

eXp Realty LLC-Fredericksburg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $712

Year Built

  • Built in 1790

Lot Details

  • 80 Acre Lot
  • Garden
  • Property is zoned A-1

Property Views

  • Water
  • Mountain

Home Design

  • Farmhouse Style Home
  • Metal Roof
  • Plaster

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Great Room
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Self-Cleaning Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Freestanding Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Interior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 3 Car Detached Garage
  • Workshop in Garage
  • Circular Driveway

Outdoor Features

  • Outdoor Storage

Schools

  • Yellow Branch Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 32-A-6

Home Details

Home Type

Single Family

Est. Annual Taxes

$712

Year Built

Built in 1790

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: 29 to Lawyers road to Lynbrook to gate on right with sign
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 3484800.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 32-A-6
  • Year Built: 1790
  • Detached Garage: 3 Car
  • Heating System: Hot Water-Oil
  • Building Stories: Two
  • Dwelling Styles: Farm House
  • Officeden Len: 17.500
  • Officeden Wid: 14.500
  • Foyer Area: 170.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 23.000 x 17.000
  • Livingroom Len: 23.000
  • Livingroom Wid: 17.000
  • Masterbedroom Area: 255.000000
  • Master Bedroom Dim: 17.000 x 15.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 182.000000
  • Other Room1 Len: 14.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Legal Description: NR FLAT CRK
  • Reciprocal Listing: No
  • Second Bedroom: 17x15 Level: Level 2 Above Grade
  • Second Bedroom Area: 255.000000
  • Third Bedroom: 17x14 Level: Level 2 Above Grade
  • Third Bedroom Area: 238.000000
  • Fourth Bedroom: 19x13 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 247.000000
  • Fifth Bedroom: 19x11 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 209.000000
  • Above Grade Finished Sq Ft: 3850.00
  • ApplianceConvey: Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Interior Entrance, Partial
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Den: 17.50x14.50 Level: Level 1 Above Grade
  • Fireplace: 3+ Fireplaces, Wood Burning
  • Formal Dining: 13.50x12.50 Level: Level 1 Above Grade
  • Foyer: 17x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 28x19.50 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Free-Standing Tub, Great Room, Plaster, Rods, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 13x8 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Living Room: 23x17 Level: Level 1 Above Grade
  • Master Bedroom: 17x15 Level: Level 1 Above Grade
  • Other Room 1: 14x13 Level: Level 2 Above Grade
  • Porch: 68x7 Level: Level 1 Above Grade
  • Additional Room 1 Description: twin beds
  • Den Area: 253.750000
  • GreatRoom Area: 546.000000
  • Livinggreat Room Dim: 28.000 x 19.500
  • Kitchen Area: 104.000000
  • LivingRoom Area: 391.000000
  • Est Other Room1 Dim: 14.000 x 13.000
  • 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: Metal
  • New Construction: Completed
  • Exterior Features: Water View, Circular Drive, Garden Space, Storm Windows, Storm Doors, Mountain Views

Garage/Parking

  • Garage Spaces: Workshop
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • 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: 3850.00
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 1, 2023
Sold by
Fariss C Matthew
Bought by
Twin Bros Property Management Llc
Seller's Agent
Jimmy Rufus
eXp Realty LLC-Fredericksburg
Buyer's Agent
Jimmy Rufus
eXp Realty LLC-Fredericksburg
List Price
$1,375,000
Sold Price
$1,150,000
Premium/Discount to List
-$225,000
-16.36%
Total Days on Market
27
Views
95
Current Estimated Value
$1,229,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,081
Avg. Annual Appreciation
3.52%
Original Mortgage
$977,500
Outstanding Balance
$956,489
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$272,592

Purchase Details

Closed on
Dec 19, 2022
Sold by
Styles Erma Lee
Bought by
Fariss C Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Range of Values:

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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
Twin Bros Property Management Llc $1,150,000 Chicago Title
Fariss C Matthew $750,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twin Bros Property Management Llc $977,500
Previous Owner Fariss C Matthew $745,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $1,150,000 -16.4% $299 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $1,375,000 -- $357 / 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
2024 $2,684 $596,500 $367,600 $228,900
2023 $1,522 $622,500 $393,600 $228,900
2022 $1,424 $453,200 $267,700 $185,500
2021 $2,357 $453,200 $267,700 $185,500
2019 $1,424 $453,200 $267,700 $185,500
2018 $1,311 $423,800 $249,000 $174,800
2017 $1,311 $423,800 $249,000 $174,800
2016 $1,311 $423,800 $249,000 $174,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343064

APN: 0320-0A000-006-0