877 Old Rustburg Road

Closed / Sold 4/2/25
Closed / Sold 4/2/25
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Last Sold Price
$190,000
6 beds810 sqft$235/sqft
877 Old Rustburg Rd, Lynchburg, VA 24501

Description

Opportunity to purchase a 2 Bay Garage that includes separate office space and a patio to the office. a 1/2 bathroom is also in garage. (condition unknown). Property includes 4 acres that was utilized as a Mobile Home storage, parts and setup business in the past. 3 income producing homes on site with long-term tenants that maintain their own homes. These homes include 2 single-wides and a 1972 stick built home. Garage is not occupied and is heated with oil heat with a woodstove option. There is...Opportunity to purchase a 2 Bay Garage that includes separate office space and a patio to the office. a 1/2 bathroom is also in garage. (condition unknown). Property includes 4 acres that was utilized as a Mobile Home storage, parts and setup business in the past. 3 income producing homes on site with long-term tenants that maintain their own homes. These homes include 2 single-wides and a 1972 stick built home. Garage is not occupied and is heated with oil heat with a woodstove option. There is a 24'X10' lean-to on the garage too. AG zoned, but utilized for business purposes in the past. Possible options to expand rental units on site. The Back of lot lays very nice. Owner is willing to include backhoe-loader, metal frames, welders, and other tools on site with an acceptable offer. Property is being sold AS IS. Lockbox keys will access garage.
LISTING CLOSED: 04/02/2025 12:00 AM

  1. Listed by Karl Miller • Karl Miller Realty LLC

Property Details for 877 Old Rustburg Road

Status
Closed / Sold
MLS #
356762
Days on Market
47
Taxes
$660 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family / Multi-Family
Year Built
1972
Lot Size
4.00 AC / 174,240 SF
County
Campbell County
Zoning
AG
Parking
Off Street Parking
Directions
From Candlers Mtn Rd turn onto Camp Hydaway Rd to right on Old Rustburg Rd to property on Left.

Recent comparable sales

Median sold price

$344,900

Avg days on market

45

Sale-to-list ratio

95.1%

Lynchburg, VA

9 comparable properties found

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Location

Listing Courtesy of Karl Miller Realty LLC, Karl Miller

Sold By Elite Realty, Ethan Chase

Add your commute

Building Information for 877 Old Rustburg Road

Stories-Residences3Year Built1972Building Size-Lot Size4.00 AC / 174,240 SF

Payment Calculator

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$1,021 per month

30 year fixed, 6.55% Interest

Principal and Interest

$966

Property Taxes

$55

HOA Dues

$0

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Property Information for 877 Old Rustburg Road

Summary
Location and General Information
  • County/City: Campbell
  • State: VA
  • ZIP: 24501
  • Area: Campbell
  • Longitude: .00
  • Latitude: .00
  • City/Town: Lynchburg
Taxes and HOA
  • Tax Map/Parcel ID: 15-A-38
  • Estimated Taxes: $660.00
  • Taxes Expense: $660.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Campbell
Property
Lot Information
  • Acres: 4.0
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 174240.0
  • Square Footage: 810.0
  • Est Foundation Sqft: 810.0
  • Est Other Sqft: 0.0
Property and Assessments
  • Property Type: Multi-Family
  • Property Subtype 1: Multi-Family
  • Year Built: 1972
  • Age: 0
  • FIPS Code: 31
  • Legal Description: COURTHOUSE TP
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Sewer: Septic Tank
  • Water Expense: $0
  • Water Heater: Electric
  • Water: Well
  • # of Water Meters: 0
  • Utility - Electric: American Electric
  • Electric Expense: $0
  • Shared Utilities: Indiv Meter/Electric
  • # of Electric Meters: 0
  • # of Gas Meters: 0
Interior and Exterior Features
Exterior Features
  • Exterior Finish (AG): Vinyl Siding
Interior Features
  • Flooring: Carpet, Vinyl
  • Heating System: Heat Pump
  • Limited Services: Yes
  • Cooling: Central Electric, Window Unit(s)
  • Walls: Drywall, Paneling
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 3
  • Number of Unfurnished Units: 3
  • Number of Furnished Units: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 Occupancy: Occupied
  • Unit 1 Rent Amount: $550.00
  • Unit 1 Square Feet: 810.0
  • Unit 1 Amenities: Balcony/Patio, Dryer Hookup, Range/Oven, Washer Hookup, Other
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 2
  • Unit 2 Half Baths: 0
  • Unit 2 Occupancy: Occupied
  • Unit 2 Rent Amount: $525.00
  • Unit 2 Square Feet: 720.0
  • Unit 2 Amenities: Dryer Hookup, Range/Oven, Washer Hookup
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Full Baths: 2
  • Unit 3 Half Baths: 0
  • Unit 3 Occupancy: Occupied
  • Unit 3 Rent Amount: $500.00
  • Unit 3 Square Feet: 720.0
  • Unit 3 Amenities: Dryer Hookup, Range/Oven, Washer Hookup
Unit 4
  • Unit 4 Full Baths: 0
  • Unit 4 Half Baths: 1
  • Unit 4 Occupancy: Vacant
  • Unit 4 Rent Amount: $.00
  • Unit 4 Square Feet: 1280.0
  • Unit 4 Amenities: Balcony/Patio, Other
Unit 5
  • Unit 5 Full Baths: 0
  • Unit 5 Half Baths: 0
  • Unit 5 Rent Amount: $.00
  • Unit 5 Square Feet: 0.0
Unit 6
  • Unit 6 Full Baths: 0
  • Unit 6 Half Baths: 0
  • Unit 6 Rent Amount: $.00
  • Unit 6 Square Feet: 0.0
Income and Expenses
  • Gas Expense: $0
  • Heat Expense: $0
  • Insurance Expenses: $900
  • Maintenance Expense: $0
  • Net Oper Income: $0
  • Annual Gross Income: $18,600

Property History for 877 Old Rustburg Road

DateEvent & SourcePriceAppreciation
Apr 2, 2025

Sold

Lynchburg Association of REALTORS #356762

$190,000—
Mar 8, 2025

Pending

Lynchburg Association of REALTORS #356762

—
Jan 20, 2025

Listed (Active)

Lynchburg Association of REALTORS #356762

$219,000—
DateEvent & SourcePrice
04/02/2025

Sold

Lynchburg Association of REALTORS #356762

$190,000
03/08/2025

Pending

Lynchburg Association of REALTORS #356762

—
01/20/2025

Listed (Active)

Lynchburg Association of REALTORS #356762

$219,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 877 Old Rustburg Road

This home is within Campbell County Public Schools.
Rating
School
Type
Grades
Distance
Rustburg Elementary School
Public - PK to 5
Rustburg Middle School
Public - 6 to 8
Rustburg High School
Public - 9 to 12
Rating
School
Distance
Rustburg Elementary School
PublicPK to 5

Rustburg Middle School
Public6 to 8

Rustburg High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 877 Old Rustburg Road, Lynchburg, VA 24501
$190,000
6
810
174,240
855 Old Rustburg Road, Lynchburg, VA 24501
–
–
2
1,104
19,827
909 Old Rustburg Road, Lynchburg, VA 24501
$88,000
3
1,000
91,476
791 Old Rustburg Road, Lynchburg, VA 24501
–
3
1
1,259
20,239
780 Old Rustburg Road, Lynchburg, VA 24501
–
1
1
864
74,052
763 Old Rustburg Road, Lynchburg, VA 24501
$153,900
3
1,650
57,499

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Karl Miller Realty LLC, Karl Miller

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.