NOT LISTED FOR SALE

20 Somerset Place Rustburg, VA 24588

Estimated Value: $416,000 - $591,000

3 Beds
2 Baths
2,407 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 01, 2013

Last sale price $265,000 $110 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,748/month

107 Days on Market

Highlights

  • Cape Cod Architecture
  • Great Room
  • Circular Driveway
  • Main Floor Bedroom
  • Workshop
  • Skylights

About This Home

As of July 2013

Immaculate Cape Cod with 1,200 Sq Ft Garage on 1.5 Acres! Spacious cape cod style home with desirable open floor plan. Gorgeous tile and cabinetry in kitchen, generous sized rooms, cathedral ceiling, stunning floor-to-ceiling stone gas fireplace. Cozy deck and front porch for relaxing and entertaining. Welcoming den with pool table overlooking family room. Private master bedroom with en-suite. Convenient main-floor laundry room. Spacious lower level family room or 4th bedroom, complete with recess lighting, and access to lower level workshop area for storage, hobbies, and potential 3rd bathroom. Please call or visit website for video tour and for additional information.

Last Agent to Sell the Property

Adam Hopkins

Virginia Homes & Land Realty License #0225067228 Listed on: 02/04/2013

Last Buyer's Agent

DeAnn Brown

Long & Foster-Forest License #0225064346

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $998

Year Built

  • Built in 1997

Lot Details

  • 1.5 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2,407 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Workshop
  • Scuttle Attic Hole

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

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

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Workshop

Parking

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

Schools

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

Utilities

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

Community Details

  • Fox Haven Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25F-2-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$998

Year Built

Built in 1997

Lot Details

0

Listing Details

  • FILLACRES: 1.5000
  • Directions: Take 501 South to Rustburg, then Left onto Rt 24 (Village Hwy). Turn right onto Rt 651 (Bear Creek Rd). Turn right onto Somerset Place. Home will be on corner. Look for sign.
  • ElementarySchool4: Rustburg Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 65340.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25F-2-3
  • Year Built: 1997
  • Detached Garage: 3 Car
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Officeden Len: 20.000
  • Officeden Wid: 13.000
  • Foyer Area: 16.000000
  • Laundryroom Dim: 6.000 x 4.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 17.000 x 15.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 330.000000
  • Master Bedroom Dim: 22.000 x 15.000
  • Masterbedroom Len: 22.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 364.000000
  • Other Room1 Len: 26.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Fox Haven Estates Lot 3
  • Reciprocal Listing: No
  • Second Bedroom: 15x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 165.000000
  • Third Bedroom: 15x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 165.000000
  • Above Grade Finished Sq Ft: 1932.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Heated, Interior Entrance, Partial, Walkout, Workshop
  • Breakfast Area: 11x8 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Year Built Exception: 0
  • Deck: 14x12 Level: Level 1 Above Grade
  • Den: 20x13 Level: Level 2 Above Grade
  • Family Room: 25x19 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Foyer: 4x4 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Skylights, Workshop
  • Dining Kitchen: 17x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 6x4 Level: Level 1 Above Grade
  • Living Room: 17x15 Level: Level 1 Above Grade
  • Master Bedroom: 22x15 Level: Level 2 Above Grade
  • Other Room 1: 26x14 Level: Below Grade
  • Porch: 24x7 Level: Level 1 Above Grade
  • Additional Room 1 Description: Workshop
  • Den Area: 260.000000
  • FamilyRoom Area: 475.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 187.000000
  • Laundry Room Area: 24.000000
  • LivingRoom Area: 255.000000
  • Est Other Room1 Dim: 26.000 x 14.000
  • 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: Circular Drive, Paved Drive, Garden Space, Landscaped, Insulated Glass, Undergrnd Utilities

Garage/Parking

  • Garage Spaces: Garage Door Opener, Workshop, Oversized, Other
  • Garage Area: 1073.000000
  • Garage Dim: 37.000 x 29.000
  • GarageLen: 37.000
  • GarageWid: 29.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Fox Haven Estates

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2407.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2013
Closed on
Jun 13, 2013
Sold by
Gunn Brian T
Bought by
Mccormick Michael J
Seller's Agent
Adam Hopkins
Virginia Homes & Land Realty
Buyer's Agent
DeAnn Brown
Long & Foster-Forest
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Current Estimated Value
$480,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,992
Avg. Annual Appreciation
5.02%
Original Mortgage
$270,408
Outstanding Balance
$192,801
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$288,191
Source: Public Records

Range of Values:

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Average Value
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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
Mccormick Michael J $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Michael J $270,408
Previous Owner Gunn Brian Thomas $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2013 07/01/13 Sold $265,000 -3.6% $110 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $274,900 -- $114 / 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 $1,600 $355,500 $27,800 $327,700
2024 $1,600 $355,500 $27,800 $327,700
2023 $1,600 $355,500 $27,800 $327,700
2022 $1,366 $262,600 $30,300 $232,300
2021 $1,366 $262,600 $30,300 $232,300
2020 $1,366 $259,800 $31,300 $228,500
2019 $1,366 $262,600 $30,300 $232,300
2018 $1,351 $259,800 $31,300 $228,500
2017 $1,351 $259,800 $31,300 $228,500
2016 -- $259,800 $31,300 $228,500
2015 -- $259,800 $31,300 $228,500
2014 -- $199,700 $31,300 $168,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 276628

APN: 025F-02000-003-0