NOT LISTED FOR SALE

2008 Colonial Hwy Rustburg, VA 24588

Estimated Value: $194,218

3 Beds
1.5 Baths
1,152 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $159,900 $139 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,121/month

44 Days on Market

Highlights

  • Oversized Parking
  • Bungalow
  • Garden
  • Walk-In Closet
  • 1-Story Property
  • Outdoor Storage

About This Home

As of September 2021

Commercial or residential. 3 Bedrooms but many possible offices. Two separate entrances, and a two office scenerio could be possible with a few changes. 30 x 24 garage. Storage area in the unfinished basement. New vinyl windows and paint. Large 2 acre lot with some old storage buildings. Great internet, AEP, county water, and septic. Lots of perks being right on Colonial Highway! Such a great and convenient location!

Last Listed By

Kimberly Goff

Alliance Realty Group License #0225192862 Listed on: 06/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1940

Lot Details

  • 2 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Exterior Basement Entry
  • Attic Access Panel
  • Storm Doors
  • Electric Range
  • Laundry on main level

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 33-A-43

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1940

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: 29S to Callahan Rd. At light, take a right, and then first drive on Left. Home is situated on the corner of Wisecarver and Colonial Hwy. Sign is in the yard.
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Rustburg High
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 87120.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 33-A-43
  • Year Built: 1940
  • Detached Garage: 2 Car
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 18.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 18.000
  • Masterbedroom Area: 144.000000
  • Master Bedroom Dim: 12.000 x 12.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 14.000
  • 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: OTTER RIVER RD, Tax Map # 33-A-43
  • Reciprocal Listing: No
  • Second Bedroom: 11x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Fourth Bedroom: 10x11 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1152.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance
  • Flooring: Laminate, Vinyl
  • Year Built Exception: 0
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Walk-In Closet(s)
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Living Room: 14x18 Level: Level 1 Above Grade
  • Master Bedroom: 12x12 Level: Level 1 Above Grade
  • Porch: 6x26 Level: Level 1 Above Grade
  • Sun Room: 14x15 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 144.000000
  • LivingRoom Area: 252.000000
  • 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
  • Sun Room Area: 210.000000
  • Sunroom Dim: 14.000 x 15.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Storm Doors, Insulated Glass

Garage/Parking

  • Garage Spaces: Workshop, Oversized
  • Garage Area: 720.000000
  • Garage Dim: 30.000 x 24.000
  • GarageLen: 30.000
  • GarageWid: 24.000

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

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1152.00

Tax Info

  • Estimated Taxes: 525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Aug 7, 2021
Sold by
Dennison Catherine Callahan
Bought by
Royal Darrell W
Seller's Agent
Kimberly Goff
Alliance Realty Group
Buyer's Agent
Courtney Iazzi
Mark A. Dalton & Co., Inc.
List Price
$174,900
Sold Price
$159,900
Premium/Discount to List
-$15,000
-8.58%
Total Days on Market
44
Current Estimated Value
$194,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,318
Avg. Annual Appreciation
5.47%
Original Mortgage
$135,915
Outstanding Balance
$125,279
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$68,936

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
Royal Darrell W $159,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royal Darrell W $135,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $159,900 -8.6% $139 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $174,900 -- $152 / 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 $526 $116,800 $39,200 $77,600
2023 $526 $116,800 $39,200 $77,600
2022 $525 $100,900 $30,000 $70,900
2021 $525 $100,900 $30,000 $70,900
2020 $525 $88,600 $30,000 $58,600
2019 $525 $100,900 $30,000 $70,900
2018 $461 $88,600 $30,000 $58,600
2017 $461 $88,600 $30,000 $58,600
2016 $461 $88,600 $30,000 $58,600
2015 -- $88,600 $30,000 $58,600
2014 -- $87,600 $30,000 $57,600
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Goff

    Seller's Agent in 2021

    Kimberly Goff

    Alliance Realty Group

    (434) 332-4640

    48 Total Sales

    Kimberly Goff
    Section Image

  • C

    Buyer's Agent in 2021

    Courtney Iazzi

    Mark A. Dalton & Co., Inc.

    (434) 941-6271

    Section Image
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Map

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Source: Lynchburg Association of REALTORS®

MLS Number: 332520

APN: 0330-0A000-043-0

Virginia Campbell County Rustburg 24588

2008 Colonial Hwy, Rustburg, VA

Homes for Sale in Rustburg, VA

This home is located at 2008 Colonial Hwy, Rustburg, VA 24588 since 26 June 2021 and is currently estimated at $194,218, approximately $168 per square foot. This property was built in 1940. 2008 Colonial Hwy is a home located in Campbell County with nearby schools including Yellow Branch Elementary School, Rustburg Middle School, and Rustburg High School.

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