NOT LISTED FOR SALE

5465 Red House Rd Rustburg, VA 24588

Estimated Value: $179,000 - $222,000

2 Beds
1 Bath
978 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $149,900 $153 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,138/month

2 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Ceiling Fan
  • Walk-In Closet

About This Home

As of April 2023

Welcome to 5465 Red House Road! This newly remodeled home is situated on a one and a half acre lot at the corner of Red House Road and Mollies Creek Road in the desirable Rustburg area with hundreds of feet of frontage on both roads. Tons of updates throughout. New kitchen, stainless steel appliances, flooring, paint, well system, driveway, etc.! Primary bedroom offers a large walk-in closet with access to rear 10x12 deck. Tucked only 5 minutes outside of town, this home is convenient to the Food Lion center in Rustburg as well as just down the road from the desirable Thousand Trails campground. This home is stick-built and classified as so with the county, so financing will not be any issue! Recent appraisal in hand at asking price. Call today for more information!

Last Listed By

Ian Smith

Legacy Realty and Development License #0225235590 Listed on: 02/23/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 2012

Lot Details

  • 1.58 Acre Lot
  • Property is zoned R-SF

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 978 Sq Ft Home
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Schools

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

Utilities

  • Window Unit Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Directions: Village Hwy to Red House Road. Home is on right
  • ElementarySchool4: Rustburg Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 68955.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2012
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 8.000 x 7.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 14.000 x 11.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 154.000000
  • Master Bedroom Dim: 11.000 x 14.000
  • Masterbedroom Len: 11.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 66.000000
  • Other Room1 Len: 11.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • Legal Description: QUAIL RUN SEC II NEW LOT 5
  • Reciprocal Listing: No
  • Second Bedroom: 13x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 117.000000
  • Above Grade Finished Sq Ft: 978.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Flooring: Laminate
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom
  • Dining Kitchen: 10x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 8x7 Level: Level 1 Above Grade
  • Living Room: 14x11 Level: Level 1 Above Grade
  • Master Bedroom: 11x14 Level: Level 1 Above Grade
  • Other Room 1: 11x6 Level:
  • Additional Room 1 Description: Walk-in Closet
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 110.000000
  • Laundry Room Area: 56.000000
  • LivingRoom Area: 154.000000
  • Est Other Room1 Dim: 11.000 x 6.000
  • 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: Paved Drive

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Window Unit(s)
  • 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: 978.00
  • Zoning: R-SF

Tax Info

  • Estimated Taxes: 719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 11, 2023
Sold by
Vip Llc
Bought by
Trent Antione L
Seller's Agent
Ian Smith
Legacy Realty and Development
Buyer's Agent
Shemeka Watts
Century 21 ALL-SERVICE
List Price
$149,900
Sold Price
$149,900
Total Days on Market
2
Views
24
Current Estimated Value
$194,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,010
Avg. Annual Appreciation
12.67%
Original Mortgage
$153,225
Outstanding Balance
$148,194
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$42,545

Purchase Details

Closed on
Jul 18, 2016
Sold by
Mitchell Doris G
Bought by
Mitchell Randall L

Range of Values:

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Average Value
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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
Trent Antione L $150,000 Sage Title
Mitchell Randall L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trent Antione L $153,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $149,900 0.0% $153 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $149,900 -- $153 / 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
2024 $622 $138,200 $22,900 $115,300
2023 $414 $138,200 $22,900 $115,300
2022 $208 $37,900 $18,300 $19,600
2021 $208 $40,000 $18,300 $21,700
2020 $208 $37,900 $18,300 $19,600
2019 $197 $37,900 $18,300 $19,600
2018 $216 $41,500 $19,600 $21,900
2017 $216 $41,500 $19,600 $21,900
2016 $216 $41,500 $19,600 $21,900
2015 -- $41,500 $19,600 $21,900
2014 -- $70,400 $35,900 $34,500
Source: Public Records

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Source: Lynchburg Association of REALTORS®

MLS Number: 342706

APN: 0460-0A000-023-0