297 New Chapel Rd Rustburg, VA 24588
Estimated Value: $367,000 - $648,000
3
Beds
3
Baths
3,418
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Secluded Lot
- Wood Flooring
- Whirlpool Bathtub
- Great Room with Fireplace
- Main Floor Bedroom
- Mud Room
About This Home
As of September 2021This incredible home is enveloped in light and comfort and provides plenty of space for entertaining. Superbly renovated to highlight the home's timeless style: the main level comes complete with formal living and dining rooms, a welcoming den, which could be a 4th bedroom- no closet; a stylish kitchen (one word- WOW!) with casual dining area; and a full bath. The upper level floor plan encompasses 3 bedrooms, including the spacious master suite with private staircase between floors; a second full bath and laundry room. Neutral finishes, 4 gas fireplaces, cedar closets, gleaming wood floors, custom vanities, Pella doors, two HWH, 400 AMP service, Shentel internet, AEP electric... the list goes on! Beyond the glass, 3 deck/patio areas to dine al fresco, surrounded by established landscaping and gardens. Adjoining parcel at 241 New Chapel Rd- 1BR/1BA cottage (needs work) on 1.43AC leased for $300 p/mth, totals 8.60+/- acres. You want to live here!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,759
Year Built
- Built in 1910
Lot Details
- 8.6 Acre Lot
- Landscaped
- Secluded Lot
- Garden
- Property is zoned A-1
Parking
- Circular Driveway
Home Design
- Shingle Roof
- Plaster
Interior Spaces
- 3,418 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Multiple Fireplaces
- Gas Log Fireplace
- Mud Room
- Great Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Den with Fireplace
- Workshop
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Pine Flooring
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Whirlpool Bathtub
- Bathtub Includes Tile Surround
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Dryer Hookup
Attic
- Storage In Attic
- Attic Access Panel
- Pull Down Stairs to Attic
Outdoor Features
- Separate Outdoor Workshop
Schools
- Rustburg Elementary School
- Rustburg Midl Middle School
- Rustburg High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- New Chapel Subdivision
Listing and Financial Details
- Assessor Parcel Number 46A74B
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 27, 2021
Closed on
Sep 24, 2021
Sold by
Childress Jerry M and Childress Alice H
Bought by
Perry Sarah N and Take Five Trust
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Krista Leighton
Keller Williams
List Price
$450,000
Sold Price
$450,000
Total Days on Market
69
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,756
Avg. Annual Appreciation
2.05%
Original Mortgage
$360,000
Outstanding Balance
$333,233
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$150,980
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Similar Homes in Rustburg, VA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perry Sarah N | $450,000 | Pike Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perry Sarah N | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2021 09/28/21 | Sold | $450,000 | 0.0% | $132 / Sq Ft |
| 08/04/2021 08/04/21 | Pending | -- | -- | -- |
| 05/27/2021 05/27/21 | For Sale | $450,000 | -- | $132 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $1,971 | $438,100 | $47,900 | $390,200 |
| 2023 | $1,971 | $438,100 | $47,900 | $390,200 |
| 2022 | $1,336 | $257,000 | $35,900 | $221,100 |
| 2021 | $1,336 | $257,000 | $35,900 | $221,100 |
| 2020 | $1,336 | $242,200 | $47,900 | $194,300 |
| 2019 | $1,336 | $257,000 | $35,900 | $221,100 |
| 2018 | $1,259 | $242,200 | $47,900 | $194,300 |
| 2017 | $1,259 | $242,200 | $47,900 | $194,300 |
| 2016 | -- | $242,200 | $47,900 | $194,300 |
| 2015 | -- | $242,200 | $47,900 | $194,300 |
| 2014 | -- | $246,200 | $47,900 | $198,300 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Dawson
Seller's Agent in 2021
Robert Dawson
BHHS Dawson Ford Garbee
(434) 841-0890
300 Total Sales
-
Krista Leighton
Buyer's Agent in 2021
Krista Leighton
Keller Williams
(434) 221-8851
55 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 331827
APN: 0460-0A000-074-B
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