NOT LISTED FOR SALE

3608 Bear Creek Rd Rustburg, VA 24588

Estimated Value: $267,000 - $380,905

3 Beds
2 Baths
1,564 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $140,000 $90 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $1,999/month

60 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Circular Driveway
  • Wood Burning Stove
  • Log Cabin
  • Gas Log Fireplace

About This Home

As of May 2015

This is a your opportunity to own this fantastic log home situated on 11.68 acres. The home features open floor plan, 3 bedrooms, 2 full baths, large rock fireplace, full basement with high ceilings and auxiliary heating via wood stove that has been vented into the whole house heating duct work. Cool off on those hot summer days in your very own in ground swimming pool and enjoy the privacy 11.68 acres can offer. HUD owned home case# 544-035399. HUD homes are sold strictly as is, where is with no warranty implied or otherwise. Only HUD registered agents can submit offers on HUD owned homes. For more information on this or any other HUD owned home visit WWW.MMREM.COM or WWW.HUDHOMESTORE.COM or contact the listing agent. Buyers must have written pre-approval in order to submit an offer. Exclusive agency listing.

Last Agent to Sell the Property

Mike Levan

BHHS Dawson Ford Garbee License #0225045215 Listed on: 01/22/2015

BHHS Dawson Ford Garbee

Last Buyer's Agent

Mike Levan

BHHS Dawson Ford Garbee License #0225045215 Listed on: 01/22/2015

BHHS Dawson Ford Garbee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1980

Lot Details

  • 11.68 Acre Lot
  • Property is zoned A-1

Home Design

  • Log Cabin
  • Shingle Roof

Interior Spaces

  • 1,564 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Parking

  • 1 Car Detached Garage
  • Circular Driveway

Pool

  • In Ground Pool

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 36-A-15K

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,075

Year Built

Built in 1980

Lot Details

0

Listing Details

  • FILLACRES: 11.6800
  • Directions: FROM RUSTBURG: RT 24 EAST 2.5 MILES TO RIGHT ON BEAR CREEK RD 3.6 MILES TO DRIVEWAY ON LEFT.
  • ElementarySchool4: Rustburg Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 508781.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 36-A-15K
  • Year Built: 1980
  • Detached Garage: 1 Car
  • Heating System: Heat Pump, 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: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 12.000 x 10.000
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: BUTTON CREEK
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 12x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1564.00
  • ApplianceConvey: Dishwasher
  • Has Attic: None
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Walkout
  • Flooring: Hardwood, Parquet
  • Year Built Exception: 0
  • Deck: 21x8 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log, Wood Burning
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 24x12 Level: Level 1 Above Grade
  • Interior Amenities: Other
  • Dining Kitchen: 16x7 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Office: 12x10 Level: Level 1 Above Grade
  • GreatRoom Area: 288.000000
  • Livinggreat Room Dim: 24.000 x 12.000
  • Kitchen Area: 112.000000
  • Office Area: 120.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Circular Drive, Undergrnd Utilities

Garage/Parking

  • Garage Area: 384.000000
  • Garage Dim: 24.000 x 16.000
  • GarageLen: 24.000
  • GarageWid: 16.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 1564.00
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 1075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2015
Closed on
May 8, 2015
Sold by
Secretary Of H U D
Bought by
Potts Barbara D
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Mike Levan
BHHS Dawson Ford Garbee
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Current Estimated Value
$347,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,743
Avg. Annual Appreciation
9.37%
Original Mortgage
$139,422
Interest Rate
3.69%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2014
Sold by
Pennymac Loan Services Llc
Bought by
The Secretary Of H U D

Purchase Details

Closed on
Nov 10, 2014
Sold by
Equity Trustees Llc Sub Tr and Horsley Susan B
Bought by
Pennymac Loan Services Llc
Source: Public Records

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
Potts Barbara D $140,000 --
The Secretary Of H U D -- --
Pennymac Loan Services Llc $186,221 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Barbara D $215,000
Closed Potts Barbara D $25,000
Closed Potts Barbara D $146,300
Closed Potts Barbara D $150,000
Closed Potts Barbara D $15,000
Closed Pennymac Loan Services Llc $139,422
Previous Owner Horsley Susan B $188,008
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $140,000 -12.5% $90 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $160,000 -- $102 / 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 $1,141 $253,500 $66,900 $186,600
2024 $1,141 $253,500 $66,900 $186,600
2023 $1,141 $253,500 $66,900 $186,600
2022 $1,052 $202,300 $53,100 $149,200
2021 $1,052 $202,300 $53,100 $149,200
2020 $1,052 $202,300 $53,100 $149,200
2019 $1,052 $202,300 $53,100 $149,200
2018 $1,063 $204,400 $53,700 $150,700
2017 $1,063 $204,400 $53,700 $150,700
2016 -- $204,400 $53,700 $150,700
2015 -- $204,400 $53,700 $150,700
2014 -- $202,800 $53,700 $149,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 289601

APN: 0360-0A000-015-K