NOT LISTED FOR SALE

7488 Village Hwy Concord, VA 24538

Estimated Value: $326,000 - $375,328

4 Beds
3 Baths
2,872 Sq Ft
$124/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $179,500 $62 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,980/month

153 Days on Market

Highlights

  • Above Ground Pool
  • Tudor Architecture
  • Home Security System
  • 3.02 Acre Lot
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of January 2017

You will love the location of this great 1st home or upgrading for more space, sitting on over 3 acres of land. Enjoy a multi-level deck walking out to your above ground pool, that has protected privacy with Leland Pines. There is a Master Suite on the main level along with 2 other bedrooms. Enjoy the family room in front of a roaring fire with open floor plan to dining. There is plenty of space in the basement along with a 4th bedroom and office. The bedroom has a walk through bath and walk out basement. Feel secure with a very affordable complete alarm system that runs just $25 per month. This home has been reduced in price for a quick sale; don't miss out.

Last Agent to Sell the Property

Schyler Higgins

Cornerstone Realty Group Inc. License #0225221808 Listed on: 08/30/2016

Last Buyer's Agent

Ginny Markham

BHHS Dawson Ford Garbee-Forest License #0225226071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1989

Lot Details

  • 3.02

Parking

  • 2 Car Attached Garage

Home Design

  • Tudor Architecture
  • Shingle Roof

Interior Spaces

  • 2,872 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage In Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

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

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Above Ground Pool
  • 3.02 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,068

Year Built

Built in 1989

Lot Details

0

Listing Details

  • FILLACRES: 3.0200
  • Directions: 460 E to Concord; R at Stoplight on Rt 24 Village Hwy; contnue to home on Right immediately after Meadowlark Estates.
  • ElementarySchool4: Concord Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 131551.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1989
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Tudor
  • Officeden Len: 23.000
  • Officeden Wid: 14.000
  • Foyer Area: 30.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 16.000 x 14.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 192.000000
  • Master Bedroom Dim: 16.000 x 12.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 12.000 x 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: Lots 3 & 4 , Sec. 2 Meadowlark Estates
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 12x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 14x12 Level: Below Grade
  • Fourth Bedroom Area: 168.000000
  • Above Grade Finished Sq Ft: 1572.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Storage Only
  • Has Basement: Exterior Entrance, Full, Interior Entrance
  • Breakfast Area: 11x9 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Deck: 12x27 Level: Level 1 Above Grade
  • Den: 23x14 Level: Below Grade
  • Formal Dining: 11x10 Level: Level 1 Above Grade
  • Foyer: 5x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Security System, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 10x8 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 16x14 Level: Level 1 Above Grade
  • Master Bedroom: 16x12 Level: Level 1 Above Grade
  • Office: 12x10 Level: Level 1 Above Grade
  • Den Area: 322.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 80.000000
  • LivingRoom Area: 224.000000
  • 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: Above Ground Pool, Paved Drive, Insulated Glass

Garage/Parking

  • Attached Garage: 2 Car
  • 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
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2872.00

Tax Info

  • Estimated Taxes: 1068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2016
Closed on
Jan 30, 2017
Sold by
Williams Laurella C
Bought by
Mitchell Mark and Mitchell Margaret
Seller's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
Buyer's Agent
Ginny Markham
BHHS Dawson Ford Garbee-Forest
List Price
$196,000
Sold Price
$179,500
Premium/Discount to List
-$16,500
-8.42%
Current Estimated Value
$354,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,332
Avg. Annual Appreciation
9.05%
Original Mortgage
$176,248
Outstanding Balance
$146,464
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$233,628

Purchase Details

Closed on
Nov 21, 2012
Sold by
Recon Trust Company Na Sub Tr
Bought by
Bank Of America Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.42%
Mortgage Type
New Conventional
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
Mitchell Mark $179,500 Reliance Title
Bank Of America Na $112,620 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Mark $176,248
Previous Owner Bank Of America Na $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $179,500 -8.4% $63 / Sq Ft
01/30/2017 01/30/17 Pending -- -- --
08/30/2016 08/30/16 For Sale $196,000 -- $68 / 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 $1,190 $264,400 $34,000 $230,400
2024 $1,190 $264,400 $34,000 $230,400
2023 $1,190 $264,400 $34,000 $230,400
2022 $1,024 $197,000 $32,000 $165,000
2021 $1,024 $197,000 $32,000 $165,000
2020 $1,024 $182,300 $25,000 $157,300
2019 $1,024 $197,000 $32,000 $165,000
2018 $948 $182,300 $25,000 $157,300
2017 $1,050 $201,900 $44,600 $157,300
2016 $1,050 $201,900 $44,600 $157,300
2015 -- $201,900 $44,600 $157,300
2014 -- $201,500 $44,600 $156,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Schyler Higgins

    Cornerstone Realty Group Inc.

    Section Image

  • G

    Buyer's Agent in 2017

    Ginny Markham

    BHHS Dawson Ford Garbee-Forest

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 300867

APN: 26C-2-3

Virginia Campbell County Concord 24538

7488 Village Hwy, Concord, VA

This home is located at 7488 Village Hwy, Concord, VA 24538 since 30 August 2016 and is currently estimated at $354,832, approximately $123 per square foot. This property was built in 1989. 7488 Village Hwy is a home located in Campbell County with nearby schools including Concord Elementary School, Rustburg Middle School, and Rustburg High School.

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