NOT LISTED FOR SALE

871 Colonial Hwy Rustburg, VA 24588

Estimated Value: $1,199,865

4 Beds
3.5 Baths
3,404 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $573,000 $168 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,780/month

33 Days on Market

Highlights

  • Barn
  • 46.85 Acre Lot
  • Secluded Lot
  • In Ground Pool
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2019

This unique property offers a home that was built with outstanding craftsmanship. Raised-seamed copper roof, custom milled cypress exterior,with Peaks-of- Otter stone accents. Character flows throughout the living space with custom-milled walnut throughout; Floors , paneling, doors, trim and some ceilings! Newer appliances, including a 27 +cf French door refridge w/bottom freezer. Large sunroom overlooks inground, salt water pool with a picture-perfect view. Nestled in on over 46 acres, the land is primarily open with maintained pastures/hayfields. 2 barns suitable for horses and/or other livestock. Fencing where appropriate.

Last Agent to Sell the Property

Robert Dawson

BHHS Dawson Ford Garbee License #0225036912 Listed on: 04/10/2019

BHHS Dawson Ford Garbee

Last Buyer's Agent

Amanda Burdick

T.Y. Realty Incorporated License #0225230482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1983

Lot Details

  • 46.85 Acre Lot
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Garden
  • Property is zoned A-1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,404 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Storage Room
  • Storm Doors

Kitchen

  • Electric Range
  • Dishwasher
  • Compactor

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet
  • Slate Flooring
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Laundry

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

Attic

  • Storage In Attic
  • Attic Access Panel

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Circular Driveway

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • In Ground Pool
  • Barn

Community Details

  • W.H. Overbey Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3331A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,606

Year Built

Built in 1983

Lot Details

0

Listing Details

  • FILLACRES: 46.8500
  • BuildingOnProperty: Barn
  • Directions: Route 29 south to left on Callahan Road, to left on Colonial Hwy to home / property on left with sign
  • ElementarySchool4: Rustburg Elem
  • HighSchool4: Rustburg High
  • Internet Providers: Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 2040786.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 3331A
  • Year Built: 1983
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Propane, Three-Zone or more
  • Building Stories: Two
  • Dwelling Styles: Contemporary
  • Officeden Len: 25.000
  • Officeden Wid: 14.000
  • Foyer Area: 42.000000
  • Laundryroom Dim: 9.000 x 6.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 22.000 x 14.000
  • Livingroom Len: 22.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 16.000 x 14.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 12.000 x 12.000
  • Other Room1 Area: 224.000000
  • Other Room1 Len: 16.000
  • Other Room2 Area: 299.000000
  • Other Room2 Len: 23.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: 46.85 acres revised plat 3331A
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 14x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 168.000000
  • Fourth Bedroom: 18x10 Level: Below Grade
  • Fourth Bedroom Area: 180.000000
  • Above Grade Finished Sq Ft: 2790.00
  • ApplianceConvey: Compactor, Dishwasher, Range-Elec, Refrigerator
  • Has Attic: Access, Storage Only
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Carpet Over Hardwood, Ceramic Tile, Hardwood, Slate, Vinyl
  • Year Built Exception: 0
  • Deck: 16x10 Level: Level 1 Above Grade
  • Den: 25x14 Level: Level 1 Above Grade
  • Family Room: 31x11 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Formal Dining: 20x12 Level:
  • Foyer: 7x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Wet Bar
  • Dining Kitchen: 20x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 9x6 Level: Level 1 Above Grade
  • Living Room: 22x14 Level: Level 1 Above Grade
  • Master Bedroom: 16x14 Level: Level 2 Above Grade
  • Office: 12x12 Level: Level 1 Above Grade
  • Other Room 1: 16x14 Level: Level 2 Above Grade
  • Other Room 2: 23x13 Level: Below Grade
  • Additional Room 1 Description: Master Dressing Room
  • Additional Room 2 Description: Storage Room
  • Sun Room: 0x0 Level: Level 1 Above Grade
  • Den Area: 350.000000
  • FamilyRoom Area: 341.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 240.000000
  • Laundry Room Area: 54.000000
  • LivingRoom Area: 308.000000
  • Office Area: 144.000000
  • Est Other Room1 Dim: 16.000 x 14.000
  • Est Other Room2 Dim: 23.000 x 13.000
  • 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: Revised 3331A
  • Roof: Other
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Circular Drive, Fenced Yard, Garden Space, Landscaped, Secluded Lot, Storm Doors, Insulated Glass

Garage/Parking

  • Attached Garage: 2 Car
  • Carport: 19x18 Level: Level 1 Above Grade
  • CarportParking: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 594.000000
  • Garage Dim: 27.000 x 22.000
  • GarageLen: 27.000
  • GarageWid: 22.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: W.H. Overbey

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 3404.00
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 2606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 30, 2019
Sold by
Overbey W H
Bought by
Lutz Kenneth E and Lutz Barbara L
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Amanda Burdick
T.Y. Realty Incorporated
List Price
$565,000
Sold Price
$573,000
Premium/Discount to List
$8,000
1.42%
Current Estimated Value
$1,199,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,865
Avg. Annual Appreciation
7.11%
Original Mortgage
$550,837
Interest Rate
4.1%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Lutz Kenneth E $573,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Kenneth E $561,810
Closed Lutz Kenneth E $561,192
Closed Lutz Kenneth E $550,837
Previous Owner Overbey W H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $573,000 +1.4% $168 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $565,000 -- $166 / 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 $3,061 $680,200 $258,400 $421,800
2024 $3,061 $680,200 $258,400 $421,800
2023 $3,061 $680,200 $258,400 $421,800
2022 $3,135 $595,800 $254,300 $341,500
2021 $3,135 $595,800 $254,300 $341,500
2020 $2,831 $544,400 $247,000 $297,400
2019 $2,831 $595,800 $254,300 $341,500
2018 $2,831 $544,400 $247,000 $297,400
2017 -- $627,700 $298,200 $329,500
2016 $2,306 $484,300 $154,800 $329,500
2015 -- $484,300 $154,800 $329,500
2014 -- $482,600 $154,800 $327,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 317889

APN: 0330-03000-001-A