NOT LISTED FOR SALE

541 Patterson Rd Rustburg, VA 24588

Estimated Value: $195,000 - $245,000

2 Beds
1.5 Baths
1,160 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $172,000 $148 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,075/month

3 Days on Market

Highlights

  • Formal Dining Room
  • Bungalow
  • 1-Story Property
  • Laundry Room
  • Tile Flooring
  • Garden

About This Home

As of March 2023

Fully renovated bungalow situated on a flat 1 acre lot. Only a few minutes away from Lynchburg and within the Brookville school district. This home features a brand new roof, heat pump, well, flooring, water heater, plumbing, appliances, and light fixtures. Walk into an open living room area and then make your way to the revamped kitchen featuring a tiled backsplash, butcher block countertops, double sink, and modern cabinets. The formal dining room and sunroom complete this spacious layout making it very functional. About 10 minutes from LU. Call today for your private showing!

Last Agent to Sell the Property

Luther Maddy

Elite Realty License #0225248916 Listed on: 02/07/2023

Last Buyer's Agent

Tiffany Wright

Divine Fog Realty Company LLC License #0225258629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $883

Year Built

  • Built in 1963

Lot Details

  • 1 Acre Lot
  • Garden

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel
  • Electric Range
  • Laundry Room

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub Includes Tile Surround

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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32A87A

Home Details

Home Type

Single Family

Est. Annual Taxes

$883

Year Built

Built in 1963

Lot Details

0

Listing Details

  • FILLACRES: 1.0000
  • BuildingOnProperty: Storage Building
  • Directions: 29 S to Patterson Rd. The home will be on your right.
  • ElementarySchool4: Yellow Branch Elem
  • HighSchool4: Brookville High
  • Lot Measurement: Acres
  • Lot Sq Ft: 43560.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 32A87A
  • Year Built: 1963
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 19.000 x 19.000
  • Livingroom Len: 19.000
  • Livingroom Wid: 19.000
  • Masterbedroom Area: 100.000000
  • Master Bedroom Dim: 10.000 x 10.000
  • Masterbedroom Len: 10.000
  • Masterbedroom Wid: 10.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 14.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: LOT 1, QUARRY BRANCH
  • Reciprocal Listing: No
  • Second Bedroom: 10x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 1160.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Crawl Space
  • Flooring: Tile, Vinyl
  • Year Built Exception: 0
  • Formal Dining: 15x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Main Level Bedroom, Separate Dining Room, Tile Bath(s)
  • Laundry: Separate Laundry Rm.
  • Living Room: 19x19 Level: Level 1 Above Grade
  • Master Bedroom: 10x10 Level: Level 1 Above Grade
  • Sun Room: 14x10 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • LivingRoom Area: 361.000000
  • 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
  • Sun Room Area: 140.000000
  • Sunroom Dim: 14.000 x 10.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Insulated Glass

Garage/Parking

  • Garage Dim: 0.000 x 0.000

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

Lot Info

  • Lot Sq Ft: 1160.00

Tax Info

  • Estimated Taxes: 883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Feb 28, 2023
Sold by
Genius Enterprise Llc
Bought by
Avery Timothy Paul and Avery Corinne Denise
Seller's Agent
Luther Maddy
Elite Realty
Buyer's Agent
Tiffany Wright
Divine Fog Realty Company LLC
List Price
$169,900
Sold Price
$172,000
Premium/Discount to List
$2,100
1.24%
Views
58
Current Estimated Value
$200,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,113
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
May 10, 2022
Sold by
Matute Acosta Mavra Lisseth
Bought by
Genius Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2021
Closed on
Jul 20, 2021
Sold by
Us Bank Trust Na
Bought by
Acosta Mavra Lisseth Matute
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Heather Watson
Keller Williams
List Price
$54,000
Sold Price
$30,000
Premium/Discount to List
-$24,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.29%

Purchase Details

Closed on
Sep 24, 2018
Sold by
Alg Trustee Llc
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Avery Timothy Paul $172,000 Fidelity National Title
Avery Timothy Paul $172,000 Fidelity National Title
Genius Enterprise Llc -- Seth E Twery Pc
Acosta Mavra Lisseth Matute $30,000 Attorney
U S Bank Trust Na $25,925 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genius Enterprise Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2023 03/21/23 Sold $172,000 +1.2% $148 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/07/2023 02/07/23 For Sale $169,900 +466.3% $146 / Sq Ft
08/06/2021 08/06/21 Sold $30,000 -44.4% $31 / Sq Ft View Prior Sale
07/15/2021 07/15/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $54,000 -- $56 / 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 $472 $104,800 $35,000 $69,800
2024 $472 $104,800 $35,000 $69,800
2023 $109 $99,600 $35,000 $64,600
2022 $346 $66,500 $20,000 $46,500
2021 $346 $66,500 $20,000 $46,500
2020 $346 $62,200 $16,000 $46,200
2019 $346 $66,500 $20,000 $46,500
2018 $323 $62,200 $16,000 $46,200
2017 $323 $62,200 $16,000 $46,200
2016 -- $62,200 $16,000 $46,200
2015 -- $62,200 $16,000 $46,200
2014 -- $66,700 $20,000 $46,700
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Luther Maddy

    Elite Realty

    (434) 337-0530

    134 Total Sales

    Luther Maddy
    Section Image
  • Tiffany Wright

    Buyer's Agent in 2023

    Tiffany Wright

    Divine Fog Realty Company LLC

    (434) 941-7367

    42 Total Sales

    Tiffany Wright
    Section Image

  • M

    Seller's Agent in 2021

    Mike Levan

    BHHS Dawson Ford Garbee

    (434) 942-8393

    112 Total Sales

    Mike Levan
    Section Image
  • Heather Watson

    Buyer's Agent in 2021

    Heather Watson

    Keller Williams

    (434) 258-0022

    155 Total Sales

    Heather Watson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342491

APN: 0320-0A000-087-A

Virginia Campbell County Rustburg 24588

541 Patterson Rd, Rustburg, VA

Not Listed for Sale

Detached

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