NOT LISTED FOR SALE

7048 Red House Rd Rustburg, VA 24588

Estimated Value: $176,000 - $210,000

3 Beds
2 Baths
1,344 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $130,000 $97 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,124/month

27 Days on Market

Highlights

  • Formal Dining Room
  • Garden Bath
  • 1-Story Property
  • Walk-In Closet
  • En-Suite Primary Bedroom
  • Garden

About This Home

As of January 2022

Nice clean, move-in ready 3 bedroom, 2 bath doublewide situated on a level 1.17 acres. New flooring in living room & bath. Carport & storage shed. Shingled Roof. Nice brick foundation.

Last Agent to Sell the Property

DEBORAH K DOUGLAS

Watts Auction Realty Appra Inc License #0225043170 Listed on: 11/02/2021

Last Buyer's Agent

Sarah LaFrance

Mark A. Dalton & Co., Inc. License #0225229533

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $404

Year Built

  • Built in 1998

Lot Details

  • 1.17 Acre Lot
  • Garden

Parking

  • 2 Carport Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

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
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Double Wide

Listing and Financial Details

  • Assessor Parcel Number 47D-1-6

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$404

Year Built

Built in 1998

Lot Details

0

Listing Details

  • FILLACRES: 1.1700
  • BuildingOnProperty: Storage Building
  • Directions: From Rustburg: Turn on Red House Road go about 7 miles to home on left
  • ElementarySchool4: Rustburg Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 50965.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 47D-1-6
  • Year Built: 1998
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Doublewide
  • Laundryroom Dim: 7.000 x 5.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 165.000000
  • Master Bedroom Dim: 15.000 x 11.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 36.000000
  • Other Room1 Len: 6.000
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Legal Description: GRAVEL RIDGE LOT 6 SEC 1
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Third Bedroom: 11x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 121.000000
  • Above Grade Finished Sq Ft: 1344.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 9x8 Level: Level 1 Above Grade
  • Family Room: 23x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), Garden Tub, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 11x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 7x5 Level: Level 1 Above Grade
  • Master Bedroom: 15x11 Level: Level 1 Above Grade
  • Other Room 1: 6x6 Level: Level 1 Above Grade
  • FamilyRoom Area: 322.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 110.000000
  • Laundry Room Area: 35.000000
  • Est Other Room1 Dim: 6.000 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

  • Lot Number: 6
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space

Garage/Parking

  • CarportParking: 2 Car
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • 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: 1344.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 29, 2021
Sold by
Cheatham Janet H
Bought by
Davis Tanner A
Seller's Agent
DEBORAH K DOUGLAS
Watts Auction Realty Appra Inc
Buyer's Agent
Sarah LaFrance
Mark A. Dalton & Co., Inc.
List Price
$145,900
Sold Price
$130,000
Premium/Discount to List
-$15,900
-10.9%
Current Estimated Value
$195,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,076
Avg. Annual Appreciation
12.22%
Original Mortgage
$127,645
Outstanding Balance
$118,135
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$76,941
Source: Public Records

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
Davis Tanner A $130,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Tanner A $127,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $130,000 -10.9% $97 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $145,900 -- $109 / 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 $560 $124,400 $20,900 $103,500
2024 $560 $124,400 $20,900 $103,500
2023 $560 $124,400 $20,900 $103,500
2022 $404 $77,600 $16,700 $60,900
2021 $404 $77,600 $16,700 $60,900
2020 $404 $77,600 $16,700 $60,900
2019 $404 $77,600 $16,700 $60,900
2018 $409 $78,600 $20,100 $58,500
2017 $409 $78,600 $20,100 $58,500
2016 $409 $78,600 $20,100 $58,500
2015 -- $78,600 $20,100 $58,500
2014 -- $88,600 $20,100 $68,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335019

APN: 047D-01000-006-0