NOT LISTED FOR SALE

2042 Falling Rock Dr Amherst, VA 24521

Estimated Value: $489,000 - $707,000

3 Beds
3 Baths
2,887 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $350,000 $121 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,453/month

59 Days on Market

Highlights

  • Above Ground Pool
  • Creek or Stream View
  • Secluded Lot
  • 22.87 Acre Lot
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of July 2016

Privacy abounds with this beautiful log home that is situated on 22 acres and conveniently located within walking distance to the beautiful Tye River! This spectacular log home has oversized windows, skylights, with numerous porches and a three level deck. The main level offers open concept living with a great room, kitchen and family dining. The main level also offers two bedrooms, one full bath and laundry. The second floor master suite enables you to enjoy the views from either the skylight or balcony. The finished basement offers a wet bar, full bath, wood stove with rock surround and a workshop with a walkout patio. Come and enjoy the beauty that surrounds this home as you lounge in the pool and enjoy the view.

Last Agent to Sell the Property

KRISTIN WOOD

Montague Miller And Co.-Amher License #0225223247 Listed on: 05/15/2016

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1997

Lot Details

  • 22.87 Acre Lot
  • Landscaped
  • Secluded Lot

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Log Cabin
  • Shingle Roof

Interior Spaces

  • 2,887 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Wired For Sound
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Loft
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Built-In Self-Cleaning Oven
  • Grill
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Pine Flooring
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Pool

  • Above Ground Pool

Schools

  • Tye River Elementary School
  • Nelson Midl Middle School
  • Nelson County High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 8611A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,699

Year Built

Built in 1997

Lot Details

0

Listing Details

  • FILLACRES: 22.8700
  • Directions: 29N to right onto Tye River Rd., to left onto Falling Rock Dr. Property on right
  • ElementarySchool8: Tye River Elem
  • HighSchool8: Nelson County High
  • Lot Measurement: Acres
  • Lot Sq Ft: 996217.00
  • MiddleSchool8: Nelson Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 8611A
  • Year Built: 1997
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Hot Water-Elec, Wood Stove
  • Building Stories: One and One Half
  • Dwelling Styles: Log
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 504.000000
  • Master Bedroom Dim: 18.000 x 28.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 28.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 143.000000
  • Other Room1 Len: 13.000
  • Other Room2 Area: 140.000000
  • Other Room2 Len: 10.000
  • Other Room3 Area: 476.000000
  • Other Room3 Len: 28.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: Parcel #86 1 1a deed book & page 390 696
  • Reciprocal Listing: No
  • Second Bedroom: 11x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 15x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 150.000000
  • Above Grade Finished Sq Ft: 1767.00
  • ApplianceConvey: Cooktop, Dishwasher, Disposal, Dryer, Grill, Microwave, Range-Gas, Refrigerator, Self Cleaning Oven, Wall Oven, Water Purifier, Washer
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout, Workshop
  • Breakfast Area: 12x14 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Pine, Tile, Wood
  • Year Built Exception: 0
  • Deck: 23x12 Level:
  • Fireplace: 1 Fireplace, Gas Log, Great Room, Wood Burning, Other
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 18x15 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Multi Media Wired, Pantry, Skylights, Smoke Alarm, Walk-In Closet(s), Wet Bar, Whirlpool Tub, Workshop
  • Dining Kitchen: 11x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Laundry Room: 0x0 Level: Level 1 Above Grade
  • Master Bedroom: 18x28 Level: Level 2 Above Grade
  • Other Room 1: 13x11 Level: Level 2 Above Grade
  • Other Room 2: 10x14 Level: Level 1 Above Grade
  • Other Room 3: 28x17 Level: Below Grade
  • Porch: 40x8 Level: Level 1 Above Grade
  • Rec Room: 26x20 Level: Below Grade
  • Additional Room 1 Description: Loft
  • Additional Room 2 Description: Breezeway
  • Additional Room 3 Description: Workshop/Rec.Room
  • GreatRoom Area: 270.000000
  • Livinggreat Room Dim: 18.000 x 15.000
  • Kitchen Area: 165.000000
  • Est Other Room1 Dim: 13.000 x 11.000
  • Est Other Room2 Dim: 10.000 x 14.000
  • Est Other Room3 Dim: 28.000 x 17.000
  • Rec Room Area: 520.000000
  • Rec Room Dim: 26.000 x 20.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Above Ground Pool, Landscaped, Secluded Lot, Insulated Glass, Satellite Dish, Undergrnd Utilities, Stream/Creek, Mountain Views
  • Patio: 16x10 Level:

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 784.000000
  • Garage Dim: 28.000 x 28.000
  • GarageLen: 28.000
  • GarageWid: 28.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Nelson

Lot Info

  • Lot Sq Ft: 2887.00

Tax Info

  • Estimated Taxes: 2699

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
2 Falling Rock Drive Llc
Bought by
Cornett Kenneth W and Cornett Caroline R
Current Estimated Value
$619,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,125
Outstanding Balance
$231,925
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,890

Purchase Details

Listed on
May 15, 2016
Closed on
Jul 8, 2016
Sold by
Miller James and Miller Kimberly A
Bought by
2 Falling Rock Drive Llc
Seller's Agent
KRISTIN WOOD
Montague Miller And Co.-Amher
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$374,900
Sold Price
$350,000
Premium/Discount to List
-$24,900
-6.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$250,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
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
Cornett Kenneth W -- --
2 Falling Rock Drive Llc $350,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornett Kenneth W $274,125
Previous Owner 2 Falling Rock Drive Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2016 07/13/16 Sold $350,000 -6.6% $121 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
05/15/2016 05/15/16 For Sale $374,900 -- $130 / 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 $2,768 $425,800 $115,500 $310,300
2024 $2,768 $425,800 $115,500 $310,300
2023 $2,768 $425,800 $115,500 $310,300
2022 $2,768 $425,800 $115,500 $310,300
2021 $2,479 $344,300 $112,500 $231,800
2020 $2,479 $344,300 $112,500 $231,800
2019 $2,479 $344,300 $112,500 $231,800
2018 $2,479 $344,300 $112,500 $231,800
2017 $2,314 $321,400 $112,500 $208,900
2016 $2,224 $308,900 $100,000 $208,900
2015 $2,224 $308,900 $100,000 $208,900
2014 $2,224 $308,900 $100,000 $208,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 298662

APN: 86-1-IA