3 months on rocket

Sale Pending

38 Old Rustburg Rd, Lynchburg, VA, 24501

$195,900

Home List Price

$2,326*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,661 SqFt
$118/SqFt
House
Schools Nearby

Location

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38 Old Rustburg Rd, Lynchburg$195,900

Buyer Closing Credits

$2,326*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year BuiltNew Const., 1950
HeatingHeat Pump
CoolingHeat Pump
BasementYes
ViewMountain(s)
MLS #350261
Lot Size1.00 Acres
StatusSale Pending
(Pending)

About 38 Old Rustburg Rd

Back on the Market! Buyer unable to close. Are you ready for the ultimate in Campbell County living with Lynchburg city convenience? Look no further! This charming home offers the best of both worlds. The original hardwood floors have been refinished and look amazing. A brand new heat pump and new septic system have just been installed. You will appreciate the convenience of the 2-level design: 2 bedrooms, 1 bath, living room, and a cozy kitchen upstairs; and a large bedroom, half bath and bonus room downstairs, with a separate entrance. Downstairs also has washer and dryer hookups with extra space for storage. Located on a large acre lot, with an out building, this home is perfect for families or as an investment opportunity. Schedule a showing and experience what this home has to offer firsthand. Owner is licensed agent.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,661 SqFt

Listing Office:

  • Office Name: Dewitt Real Estate & Auction
  • Listing Agent: Kenneth R Mann

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood
  • Interior: Ceiling Fan(s), Drywall

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Mountain Views

Lot Features

Lot Information:

  • Lot: Views
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Rustburg High School, Public District Grades 9-12
  • Rustburg Middle School, Public District Grades 6-8
  • Rustburg Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 501 turn onto Old Rustburg Road, property is the first house on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,900
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $395
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lynchburg, VA.

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Lynchburg, VA

City

Med. Sold Price

$264.7K

Med. Price/SqFt

$151

Avg. Days On Market

20

# of Sold Homes

116

38 Old Rustburg Rd vs Lynchburg

94 DAYS ON ROCKET

+74 Days

$195,900

-$68.8K Less

$118/SqFt

-$33 Less

KEY TAKEAWAY

This property is $68.8K less than the Median Sold Price and $33/SqFt less than other homes in Lynchburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #350261

Listing Office:

  • Office Name: Dewitt Real Estate & Auction
  • Listing Agent: Kenneth R Mann

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 7:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 16, 2019Home Sold
$78,000

Tax History

YEARPROP. TAXASSESSMENT
2021$395$75,900
2020$395$75,900
2019 - $75,900

History based on county public records data.

Payment Calculator

$1,045

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$654

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5563636
6
/10

  • Rustburg Elementary School

  • 25 Webbs Way

  • 5.75 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5563637
5
/10

  • Rustburg Middle School

  • 555 Village Hwy

  • 5.60 miles

  • Public District Grades 6-8

High School

school-card-donut-5563638
7
/10

  • Rustburg High School

  • 1671 Village Hwy

  • 5.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,969. Residents of Lynchburg, VA typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 38 Old Rustburg Rd

What is the listing price of this property?

The listing price of 38 Old Rustburg Rd property is $195,900.

What type of property is this?

The property 38 Old Rustburg Rd is a house located in Lynchburg, Virginia, 24501.

Is this property for sale now?

Sale Pending: 38 Old Rustburg Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 38 Old Rustburg Rd are:
Rustburg Elementary School: GreatSchools Rating 6/10
Rustburg Middle School: GreatSchools Rating 5/10
Rustburg High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $395 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 16, 2019 for $78,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 38 Old Rustburg Rd has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 38 Old Rustburg Rd is 1,661 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 38 Old Rustburg Rd is 1950.

Rocket Homes›Virginia›Lynchburg›24501›38 Old Rustburg Rd

This home is located at 38 Old Rustburg Rd in Lynchburg, VA and zip code 24501. This 1,661 square foot home, which was built in 1950, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $195,900.

Lynchburg, VA housing market in April 2024 saw over 37 listings sold above listed price, more than 45 sold at listed price and over 34 sold below. The number of listings in Lynchburg, VA increased by 78.1% between March 2024 and April 2024. In April 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $264,764.

From Rocket Homes Real Estate and based on county public records data.

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