NOT LISTED FOR SALE

1623 Colonial Hwy Rustburg, VA 24588

Estimated Value: $349,727 - $366,000

Studio
2 Baths
1,480 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $250,000 $169 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,985/month

68 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Vinyl Plank Flooring
  • Secluded Lot
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of July 2020

Charming craftsman style home located in the heart of Rustburg! Inside you will find vaulted ceilings, custom cabinetry, gleaming granite tops, and a beautiful ship lap fireplace. Double the square footage by finishing the full walkout basement. Enjoy quiet evenings on the back deck which features a mountain view. This home has so much to offer!

Last Agent to Sell the Property

Marcie Dawson

Elite Realty License #0225183782 Listed on: 03/27/2020

Last Buyer's Agent

Andrew Bonner

Nolen Real Estate License #0225239581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 21,780 Sq Ft Lot
  • Secluded Lot
  • Property is zoned Ag

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Mountain Views
  • Scuttle Attic Hole
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Hayden Fields Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33H-1-9

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,350

Year Built

Built in 2020 | Under Construction

Lot Details

0.5 Acres

Listing Details

  • FILLACRES: 0.5000
  • Directions: 29S to L on Calohan Rd. L on Colonial Hwy. Home on L.
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 21780.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 33H-1-9
  • Year Built: 2020
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Estimated Completion: 2020-03-31
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 16.000 x 14.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Broker Approved: Yes
  • Legal Description: Lot 9 Hayden Fields
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 12x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 0x0 Level:
  • Fifth Bedroom: 0x0 Level:
  • Sixth Bedroom: 0x0 Level:
  • Above Grade Finished Sq Ft: 1480.00
  • ApplianceConvey: Dishwasher, Microwave, Self Cleaning Oven
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Poured Concrete, Walkout
  • Breakfast Area: 11x10 Level: Level 1 Above Grade
  • Flooring: Laminate, Vinyl Plank
  • Year Built Exception: 0
  • Deck: 10x12 Level: Level 1 Above Grade
  • Den: 0x0 Level:
  • Family Room: 0x0 Level:
  • Fireplace: 1 Fireplace, Gas Log
  • Formal Dining: 0x0 Level:
  • Foyer: 0x0 Level:
  • Level 1 Full Bathrooms: 2
  • Great Room: 18x19 Level: Level 1 Above Grade
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 16x11 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Laundry Room: 0x0 Level:
  • Living Room: 0x0 Level:
  • Master Bedroom: 16x14 Level: Level 1 Above Grade
  • Office: 0x0 Level:
  • Other Room 1: 0x0 Level:
  • Other Room 2: 0x0 Level:
  • Other Room 3: 0x0 Level:
  • Porch: 6x15 Level: Level 1 Above Grade
  • Rec Room: 0x0 Level:
  • Screened Porch: 0x0 Level:
  • Sun Room: 0x0 Level:
  • GreatRoom Area: 342.000000
  • Livinggreat Room Dim: 18.000 x 19.000
  • Kitchen Area: 176.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • 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

  • Lot Number: 9
  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Secluded Lot, Insulated Glass, Mountain Views
  • Patio: 0x0 Level:

Garage/Parking

  • Carport: 0x0 Level:
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Hayden Fields

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1480.00
  • Zoning: Ag

Tax Info

  • Estimated Taxes: 1350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 30, 2020
Sold by
Trent Ricky D
Bought by
King Brandon L and King Jamie L
Seller's Agent
Marcie Dawson
Elite Realty
Buyer's Agent
Andrew Bonner
Nolen Real Estate
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$357,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,432
Avg. Annual Appreciation
6.44%
Original Mortgage
$245,471
Outstanding Balance
$218,071
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$139,361
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
King Brandon L $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Brandon L $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $250,000 0.0% $169 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $249,900 -- $169 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $1,256 $279,000 $35,100 $243,900
2024 $1,256 $279,000 $35,100 $243,900
2023 $1,256 $279,000 $35,100 $243,900
2022 $1,213 $233,200 $35,000 $198,200
2021 $1,213 $233,200 $35,000 $198,200
2020 $464 $89,200 $35,000 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324162

APN: 033H-01000-009-0

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