$255,500
SOLD JUL 11, 2024

3178 New Chapel Rd Rustburg, VA 24588

3 Beds
1.5 Baths
1,184 Sq Ft
2.25 Acres

Recently Sold

$216 Per Sq Ft

2% Above List Price

65 Days on Market

Highlights

  • Barn
  • Laundry Room
  • Landscaped
  • Farmhouse Style Home
  • Garden
  • Ceiling Fan

About This Home

As of July 2024

Buyer's Financing fell through due to no fault of the Seller! Call today if you are Looking for the Perfect Farmhouse, well here it is! Situated on over 2 acres bordering the Falling River Creek in Campbell County, this home features 3 bedrooms, 1 and a half bathrooms, recently updated kitchen and its own office space upstairs. Large covered deck, perfect for family get togethers, an adorable well house and it's very own barn. Call together and let's schedule a time to go see this beauty!

Last Agent to Sell the Property

Angie Holt

Key to Your Heart Realty License #0225060153 Listed on: 02/07/2024

Last Buyer's Agent

Angie Holt

Key to Your Heart Realty License #0225060153 Listed on: 02/07/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 1970

Lot Details

  • 2.25 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned A-1

Home Design

  • Farmhouse Style Home
  • Shingle Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer

Schools

  • Rustburg Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Farming

  • Barn

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 36-A-50

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 1970

Lot Details

0

Listing Details

  • BuildingOnProperty: Barn
  • Directions: From Rustburg, take Village Highway to Right onRed House Rd, to left on New Chapel to home on left. Look for sign
  • Internet Providers: Shentel, Other
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1970
  • Garage Yn: No
  • Foyer Area: 20.000000
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1184.00
  • Architectural Style: Farm House
  • Laundryroom Dim: 9.000 x 5.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 9.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Laminate, Vinyl
  • Deck: 24x12 Level: Level 1 Above Grade
  • Foyer: 4x5 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Smoke Alarm
  • Dining Kitchen: 12x20 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 9x5 Level: Level 1 Above Grade
  • Living Room: 14x16 Level: Level 1 Above Grade
  • Master Bedroom: 13x15 Level: Level 1 Above Grade
  • Other Room 1: 13x9 Level: Level 2 Above Grade
  • Porch: 8x12 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Stories: One and One Half
  • Third Bedroom: 15x13 Level: Level 2 Above Grade
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 195.000000
  • Room Master Bedroom Area: 195.000000
  • Room Kitchen Area: 240.000000
  • Room Living Room Area: 224.000000
  • Room Bedroom2 Area: 132.000000
  • MasterBedroomDimensions Dim: 13.000 x 15.000
  • Kitchen Dim: 12.000 x 20.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 15.000

Exterior Features

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

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: Well

Schools

  • Elementary School: Rustburg Elem
  • High School: Rustburg High
  • Middle School: Rustburg Midl
  • Junior High Dist: Campbell

Lot Info

  • Zoning: A-1
  • Acres: 2.2500
  • Lot Size Sq Ft: 98010.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 36-A-50
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 600

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
Jul 8, 2024
Sold by
Wheeler Morgan A and Hooker Ethan S
Bought by
Smith Nicole S
Seller's Agent
Angie Holt
Key to Your Heart Realty
Buyer's Agent
Angie Holt
Key to Your Heart Realty
List Price
$249,900
Sold Price
$255,500
Premium/Discount to List
$5,600
2.24%
Views
92
Current Estimated Value
$271,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,279
Avg. Annual Appreciation
6.31%
Original Mortgage
$250,871
Outstanding Balance
$248,337
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$23,442

Purchase Details

Listed on
Oct 23, 2021
Closed on
Nov 30, 2021
Sold by
Torrence Brett
Bought by
Hooker Ethan S and Wheeler Morgan A
Seller's Agent
Lauren Campbell
GWG Properties Inc
Buyer's Agent
Angie Holt
Key to Your Heart Realty
List Price
$180,000
Sold Price
$182,500
Premium/Discount to List
$2,500
1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$184,343
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 13, 2019
Sold by
Witkowski Jonathan D and Zeno Manda L
Bought by
Torrence Brett R
Seller's Agent
Rikki Cheatham
Elite Realty
Buyer's Agent
Lauren Campbell
GWG Properties Inc
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$152,192
Interest Rate
3.9%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $255,500 Blue Ridge Title Services
Warranty Deed $182,500 Blue Ridge Title Services
Warranty Deed $155,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,871 New Conventional
Previous Owner $184,343 New Conventional
Previous Owner $152,192 FHA
Previous Owner $23,000 Credit Line Revolving
Previous Owner $74,800 Adjustable Rate Mortgage/ARM
Previous Owner $18,700 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $255,500 +2.2% $216 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $249,900 0.0% $211 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $249,900 0.0% $211 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $249,900 +36.9% $211 / Sq Ft
12/10/2021 12/10/21 Sold $182,500 +1.4% $154 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $180,000 +16.1% $152 / Sq Ft
07/12/2019 07/12/19 Sold $155,000 +3.4% $140 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $149,900 -- $135 / 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
2025 $649 $144,300 $28,300 $116,000
2024 $649 $144,300 $28,300 $116,000
2023 $649 $144,300 $28,300 $116,000
2022 $509 $97,800 $26,300 $71,500
2021 $509 $97,800 $26,300 $71,500
2020 $509 $93,300 $22,500 $70,800
2019 $509 $97,800 $26,300 $71,500
2018 $485 $93,300 $22,500 $70,800
2017 $485 $93,300 $22,500 $70,800
2016 $485 $93,300 $22,500 $70,800
2015 -- $93,300 $22,500 $70,800
2014 -- $93,000 $22,500 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 350407

APN: 0360-0A000-050-0