NOT LISTED FOR SALE

229 Collins Ferry Rd Gladys, VA 24554

Estimated Value: $137,000 - $176,000

3 Beds
2 Baths
1,216 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $135,000 $111 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $911/month

83 Days on Market

Highlights

  • Secluded Lot
  • Laundry Room
  • Garden Bath
  • Walk-In Closet
  • Shed
  • Vinyl Plank Flooring

About This Home

As of August 2024

Welcome to Crabgrass Homestead! If you been looking for a property that could be a mini farm or homestead, here is your chance. This three bedroom, two bath home, could be an exceptional fit for you. The singlewide, on a permanent foundation, sits on a mostly level 15 acres. Inside the home there is a living room, eat in kitchen, laundry area, and primary en-suite. Metal roof 2019. The land is about half pasture/farmable land and the other half is natural 4-5 year tree regrowth. The grass land has been fertilized and is planted with mixed grasses. There is a notable pole barn, perfect for storing your farm equipment or convert it into a horse run in. Property is located 10 minutes from Rustburg, 20 minutes to Lynchburg or Altavista. Call today for your private showing around the farm.

Last Listed By

Rikki Cheatham

Elite Realty License #0225228025 Listed on: 05/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $489

Year Built

  • Built in 2002

Lot Details

  • 15 Acre Lot
  • Secluded Lot
  • Property is zoned A1

Home Design

  • Metal Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Laundry

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

Outdoor Features

  • Shed

Schools

  • Brookneal Elementary School
  • William Campbell-Mdl Middle School
  • William Campbell-Hs High School

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 74-13-5

Home Details

Home Type

Single Family

Est. Annual Taxes

$489

Year Built

Built in 2002

Lot Details

0

Listing Details

  • BuildingOnProperty: Tractor Shed
  • Directions: 501 towards Gladys from Rustburg, take a R onto Long Island Rd, L on Collins Ferry, property on R. in .25 miles
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2002
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1216.00
  • Architectural Style: Manufactured-Single
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl, Vinyl Plank
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Garden Tub, Pantry, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 16x18 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Living Room: 18x16 Level: Level 1 Above Grade
  • Master Bedroom: 13x16 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Range-Elec, Refrigerator
  • Stories: One
  • Third Bedroom: 10x16 Level: Level 1 Above Grade
  • Second Bedroom: 9x12 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 160.000000
  • Room Master Bedroom Area: 208.000000
  • Room Kitchen Area: 288.000000
  • Room Living Room Area: 288.000000
  • Room Bedroom2 Area: 108.000000
  • MasterBedroomDimensions Dim: 13.000 x 16.000
  • Kitchen Dim: 16.000 x 18.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 16.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Secluded Lot

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: Dominion Energy
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: Well

Schools

  • Elementary School: Brookneal Elem
  • High School: William Campbell-HS
  • Middle School: William Campbell-Mdl
  • Junior High Dist: Campbell

Lot Info

  • Zoning: A1
  • Acres: 15.0000
  • Lot Size Sq Ft: 653400.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 74-13-5
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 489

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 21, 2024
Sold by
Busey James T and Busey Michele D
Bought by
Wilson Mark A and Wilson Brigitte M
Seller's Agent
Rikki Cheatham
Elite Realty
Buyer's Agent
Sky Pacot
LPT Realty, Inc
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Total Days on Market
83
Views
183
Current Estimated Value
$154,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,946
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Nov 17, 2020
Sold by
H & S Holding Properties Llc
Bought by
Carwile Brian K

Purchase Details

Listed on
Oct 6, 2015
Closed on
Jan 27, 2016
Sold by
Szymczak Leslie A
Bought by
Busey James T and Busey Michele D
Seller's Agent
Charlie Watts
Watts Auction Realty Appra Inc
Buyer's Agent
Charlie Watts
Watts Auction Realty Appra Inc
List Price
$69,900
Sold Price
$68,500
Premium/Discount to List
-$1,400
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$54,800
Interest Rate
3.98%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Wilson Mark A $135,000 None Listed On Document
Carwile Brian K $25,000 Attorney
Busey James T $68,508 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Busey James T $54,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $135,000 -9.9% $111 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $149,900 0.0% $123 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $149,900 +118.8% $123 / Sq Ft
02/05/2016 02/05/16 Sold $68,500 -2.0% $54 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $69,900 -- $55 / 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 $624 $138,700 $63,900 $74,800
2023 $624 $138,700 $63,900 $74,800
2022 $489 $94,000 $49,300 $44,700
2021 $489 $94,000 $49,300 $44,700
2020 -- $67,700 $33,900 $33,800
2019 $489 $94,000 $49,300 $44,700
2018 $352 $67,700 $33,900 $33,800
2017 $352 $67,700 $33,900 $33,800
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: Lynchburg Association of REALTORS®

MLS Number: 352254

APN: 0740-13000-005-0