NOT LISTED FOR SALE

281 Victoria Ln Rustburg, VA 24588

Estimated Value: $397,000 - $609,606

4 Beds
4 Baths
4,138 Sq Ft
$115/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $389,400 $94 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,762/month

56 Days on Market

Highlights

  • Contemporary Architecture
  • Great Room
  • Laundry Room
  • Secluded Lot
  • Walk-In Closet
  • Tile Flooring

About This Home

As of April 2024

Check out this massive home on 7.76 acres +/-. Great location, only fifteen minutes to Lynchburg and Liberty University. Full, mostly finished basement, with a kitchen, dining room, living room, recreational room and full bath. Unfinished work room in basement as well. Main level living with a master bedroom and bath, walk-in closets, family room with gorgeous stone fireplace. This house also has a separate apartment used for a rental.

Last Listed By

Charlie Watts

Watts Auction Realty Appra Inc License #0225086405 Listed on: 03/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 1984

Lot Details

  • 7.76 Acre Lot
  • Secluded Lot
  • Garden

Parking

  • Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 4,138 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stone Fireplace
  • Great Room
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub Includes Tile Surround

Finished Basement

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

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 32-10-F1C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 1984

Lot Details

0

Listing Details

  • AssocFeeOptional: None
  • BuildingOnProperty: Storage Building
  • Directions: From US 29 South, turn right onto Patterson Road. Take the next right onto Clarks Road, turn right onto Victoria Lane, destination is on the right.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1984
  • FullBathBelowGrade: 1
  • Garage Yn: Yes
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 2199.00
  • Architectural Style: Contemporary
  • Laundryroom Dim: 16.000 x 10.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 16.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (4 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Pull Down
  • Has Basement: Apartment, Exterior Entrance, Finished, Full, Interior Entrance, Walkout
  • Flooring: Carpet, Laminate, Tile
  • Family Room: 19x25 Level: Below Grade
  • Formal Dining: 10x26 Level: Below Grade
  • Level 1 Full Bathrooms: 3
  • Interior Amenities: Apartment, Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Primary Bed w/Bath, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 13x20 Level: Level 1 Above Grade
  • Laundry: Basement, Laundry Room
  • Laundry Room: 16x10 Level: Below Grade
  • Living Room: 14.50x23.50 Level: Level 1 Above Grade
  • Master Bedroom: 22x14 Level: Level 1 Above Grade
  • Other Room 1: 13x20 Level: Below Grade
  • Rec Room: 18.50x13 Level: Below Grade
  • Additional Room 1 Description: Mechanic Room
  • Sun Room: 25x12 Level: Level 1 Above Grade
  • Appliances: None
  • Fireplace: 1 Fireplace, Living Room, Stone
  • Stories: One
  • Third Bedroom: 13x13 Level: Level 1 Above Grade
  • Fourth Bedroom: 11x16 Level: Below Grade
  • Second Bedroom: 10x19 Level: Level 1 Above Grade
  • Room Family Room Area: 475.000000
  • Room Bedroom3 Area: 169.000000
  • Room Master Bedroom Area: 308.000000
  • Room Bedroom4 Area: 176.000000
  • Room Kitchen Area: 260.000000
  • Room Living Room Area: 340.750000
  • Room Bedroom2 Area: 190.000000
  • MasterBedroomDimensions Dim: 22.000 x 14.000
  • Kitchen Dim: 13.000 x 20.000
  • Sunroom Dim: 25.000 x 12.000
  • Master Bedroom Master Bedroom Width: 14.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Secluded Lot

Garage/Parking

  • Garage Area: 399.000000
  • Garage Dim: 19.000 x 21.000
  • GarageLen: 19.000
  • GarageWid: 21.000
  • General Property Description:_pound_ Attached Garage Spaces: 2 Car

Utilities

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

Schools

  • Elementary School: Yellow Branch Elem
  • High School: Brookville High
  • Middle School: Brookville Midl
  • Junior High Dist: Campbell

Lot Info

  • Zoning: A
  • Acres: 7.7600
  • Lot Size Sq Ft: 338026.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 32-10-F1C
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 1500

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Mar 26, 2024
Sold by
Claycomb Rosemary E and Finamore Robert P
Bought by
Bell William K and Bell Nicole B
Seller's Agent
Charlie Watts
Watts Auction Realty Appra Inc
Buyer's Agent
Charlie Watts
Watts Auction Realty Appra Inc
List Price
$459,000
Sold Price
$389,400
Premium/Discount to List
-$69,600
-15.16%
Total Days on Market
56
Views
105
Current Estimated Value
$474,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,002
Avg. Annual Appreciation
20.69%

Range of Values:

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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
Bell William K $389,400 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Kenneth B $56,250
Previous Owner Wright Kenneth B $562,500
Previous Owner Wright Kenneth B $397,500
Previous Owner Wright Kenneth B $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold $389,400 -2.6% $94 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/20/2023 04/20/23 Price Changed $399,900 -9.1% $97 / Sq Ft
04/14/2023 04/14/23 Price Changed $439,900 -3.1% $106 / Sq Ft
04/06/2023 04/06/23 Price Changed $454,000 -1.1% $110 / Sq Ft
03/06/2023 03/06/23 For Sale $459,000 -- $111 / 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 $1,584 $352,000 $70,300 $281,700
2023 $1,584 $352,000 $70,300 $281,700
2022 $1,427 $274,400 $48,900 $225,500
2021 $1,427 $274,400 $48,900 $225,500
2020 $1,427 $262,200 $44,800 $217,400
2019 $1,427 $274,400 $48,900 $225,500
2018 $1,363 $262,200 $44,800 $217,400
2017 $1,363 $262,200 $44,800 $217,400
2016 -- $262,200 $44,800 $217,400
2015 -- $262,200 $44,800 $217,400
2014 -- $265,800 $48,400 $217,400
Source: Public Records

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Source: Lynchburg Association of REALTORS®

MLS Number: 342880

APN: 0320-10000-00F-1C