$152,000
SOLD DEC 6, 2024

38 Bragg Ave Rustburg, VA 24588

4 Beds
2 Baths
1,405 Sq Ft
0.5 Acres

Recently Sold

$108 Per Sq Ft

52% Above List Price

12 Days on Market

Highlights

  • Formal Dining Room
  • Ceiling Fan
  • 1-Story Property
  • Fireplace
  • Carpet

About This Home

As of December 2024

Located atop Candler's Mountain on a small gravel drive, this home offers good privacy on a nice level lot in the Rustburg School District. This a HUD owned home, case#544-202756. HUD owned homes are sold strictly as is where is with no warranty expressed or implied. This home is eligible for an FHA 203b Repair Escrow Loan for as little as $100 down payment. Only Owner Occupants can make offers on this home until 11/24/2024. HUD will begin reviewing and accepting OWNER OCCUPANT ONLY offers November 4, 2024.

Last Agent to Sell the Property

Mike Levan

BHHS Dawson Ford Garbee License #0225045215 Listed on: 10/24/2024

BHHS Dawson Ford Garbee

Last Buyer's Agent

Dorothy Stolba

NextHome TwoFourFive License #0225221250

NextHome TwoFourFive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $534

Year Built

  • Built in 1999

Lot Details

  • 0.5 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,405 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Crawl Space
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

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

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 23A-2-50

Home Details

Home Type

Single Family

Est. Annual Taxes

$534

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Directions: Candlers Mountain Rd to Camp Hydaway Rd to left on Bragg Ave to home on the left.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1999
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1405.00
  • Architectural Style: Manufactured-Double
  • Laundryroom Dim: 6.000 x 8.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 6.000
  • 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
  • Deck: 12x15 Level: Level 1 Above Grade
  • Den: 16x12 Level: Level 1 Above Grade
  • Formal Dining: 12x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Primary Bed w/Bath, Separate Dining Room
  • Dining Kitchen: 12x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 6x8 Level: Level 1 Above Grade
  • Living Room: 12x20 Level: Level 1 Above Grade
  • Master Bedroom: 12x15 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Refrigerator
  • Fireplace: 1 Fireplace
  • Stories: One
  • Third Bedroom: 12x10 Level: Level 1 Above Grade
  • Fourth Bedroom: 12x10 Level: Level 1 Above Grade
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 120.000000
  • Room Master Bedroom Area: 180.000000
  • Den Area: 192.000000
  • Room Bedroom4 Area: 120.000000
  • Room Kitchen Area: 132.000000
  • Room Living Room Area: 240.000000
  • Room Bedroom2 Area: 120.000000
  • MasterBedroomDimensions Dim: 12.000 x 15.000
  • Kitchen Dim: 12.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 15.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Off-Street Parking

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • 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

  • Acres: 0.5000
  • Lot Size Sq Ft: 21780.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 23A-2-50
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 534

Multi Family

  • Existing Lease Type: Net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Nov 27, 2024
Sold by
Secretary Of Housing And Urban Developme
Bought by
Quaintance Robbie G
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Dorothy Stolba
NextHome TwoFourFive
List Price
$100,000
Sold Price
$152,000
Premium/Discount to List
$52,000
52%
Views
113
Current Estimated Value
$182,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,037
Avg. Annual Appreciation
-0.09%

Purchase Details

Listed on
Oct 24, 2024
Closed on
Nov 1, 2024
Sold by
Dolanreid Pllc
Bought by
Virginia Housing Development Authority
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Dorothy Stolba
NextHome TwoFourFive
List Price
$100,000
Sold Price
$152,000
Premium/Discount to List
$52,000
52%
Views
113

Purchase Details

Closed on
May 13, 2024
Sold by
Dolanreid Pllc and Robinson Tyrell J
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Listed on
Sep 7, 2017
Closed on
Apr 12, 2018
Sold by
Rankins Billy W and Rankins Billy W
Bought by
Robinson Tyrell J
Seller's Agent
Sherry McDaniel
Watts Auction Realty Appra Inc
Buyer's Agent
Mitch Copenhaver
Long & Foster-Forest
List Price
$119,900
Sold Price
$111,000
Premium/Discount to List
-$8,900
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$3,885
Interest Rate
4.44%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $152,000 None Listed On Document
Trustee Deed $111,939 None Listed On Document
Deed $111,939 None Listed On Document
Warranty Deed $111,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,885 New Conventional
Previous Owner $108,989 FHA
Previous Owner $101,765 FHA
Previous Owner $3,078 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $152,000 +52.0% $108 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $100,000 -9.9% $71 / Sq Ft
04/27/2018 04/27/18 Sold $111,000 -7.4% $77 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
09/07/2017 09/07/17 For Sale $119,900 -- $83 / 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 $533 $118,500 $27,000 $91,500
2024 $533 $118,500 $27,000 $91,500
2023 $533 $118,500 $27,000 $91,500
2022 $390 $75,000 $20,000 $55,000
2021 $390 $75,000 $20,000 $55,000
2020 $390 $75,000 $20,000 $55,000
2019 $390 $75,000 $20,000 $55,000
2018 $449 $86,400 $15,000 $71,400
2017 $449 $86,400 $15,000 $71,400
2016 $449 $86,400 $15,000 $71,400
2015 -- $86,400 $15,000 $71,400
2014 -- $97,900 $15,000 $82,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 355370

APN: 23A-2-50