1484 Rainbow Forest Drive

Lynchburg, VA 24502

$334,900
Price
4
Beds
3
Baths
2,478 Sq. Ft.
$135 / Sq. Ft.
2,478
Sq. Ft.
$135
per Sq. Ft.

Description

Fully remodeled, this 4-bedroom, 3-bathroom home is two homes in one! Main level features 3-beds/2 baths and terrace level has 3 rooms/1-bath with a kitchen, basement apartment/in-law suite! Potential 5th bedroom is nonconforming. So much potential here! This could be a large home with space for loved ones or an opportunity for passive income-an investment property for college students. Two kitchens, two living spaces for entertaining guests, accommodate out of town guests, or rent out the terrace...Fully remodeled, this 4-bedroom, 3-bathroom home is two homes in one! Main level features 3-beds/2 baths and terrace level has 3 rooms/1-bath with a kitchen, basement apartment/in-law suite! Potential 5th bedroom is nonconforming. So much potential here! This could be a large home with space for loved ones or an opportunity for passive income-an investment property for college students. Two kitchens, two living spaces for entertaining guests, accommodate out of town guests, or rent out the terrace level for passive income. New HVAC, New kitchen, New Quartz Countertops, New lighting, New Luxury Vinyl Plank, and remodeled baths. The property backs up to a creek with a large level yard and is perfect for outdoor gatherings! Mulch beds and gardening space. Polywood Deck and Brick exterior for little to no maintenance! Located in well sought after Brookville School district! Versatile, smart investment, and great resell potential at 1484 Rainbow Forest. Staging has been removed.
  1. Listed by Jim Rufus • eXp Realty LLC-Fredericksburg

Property Details for 1484 Rainbow Forest Drive

Styles
Ranch
Directions
Laxton Road to left in Rainbow Forest to home on right with sign.

Location

Listing Courtesy of eXp Realty LLC-Fredericksburg, Jim Rufus
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LISTING UPDATED: 05/17/2024 11:53 AM

Property Details for 1484 Rainbow Forest Drive

StatusActive
MLS #351125
Days on Market29
Taxes$467 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1964
Lot Size1.53 AC / 66,647 SF
CountyCampbell County

Location

Listing Courtesy of eXp Realty LLC-Fredericksburg, Jim Rufus
Add your commute

Building Information for 1484 Rainbow Forest Drive

Stories1Year Built1964Building Size-Lot Size1.53 AC / 66,647 SF

Payment Calculator

$1,867 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,828

Property Taxes

$39

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1484 Rainbow Forest Drive

Summary
Location and General Information
  • County/City: Campbell
  • State: VA
  • ZIP: 24502
  • Area: Campbell
  • Longitude: .00
  • Latitude: .00
  • City/Town: Lynchburg
Taxes and HOA
  • Tax Map/Parcel ID: 11A-6-6-4
  • Estimated Taxes: $467.00
  • Association: Lynchburg Board of Realtors
School Information
  • School District: Campbell
Parking
  • Carport Parking: 1 Car
  • Garage Area: 338.00
  • Garage Dimensions: 26.000 x 13.000
  • Garage Length: 26.00
  • Garage Width: 13.00
  • Carport: 26x13 Level: Level 1 Above Grade
  • Carport Area: 338.00
  • Carport Dimensions: 26.000 x 13.000
  • Carport Length: 26.00
  • Carport Width: 13.00
Property
Lot Information
  • Acres: 1.53
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 66647.0
  • Square Footage: 2478.0
  • Above Grade Fin SqFt: 1323.0
  • Est Fin SqFt BelGrde: 1155.0
  • Est Fin SqFt Level 3: 0.0
  • Est Fin SqFt Level 2: 0.0
  • Est Fin SqFt Level 1: 1323.0
  • Est UnFin SqFt Total: 909.0
Property and Assessments
  • Property Type: Residential
  • Property Subtype 1: Single Family Residence
  • Year Built: 1964
  • Age: 0
  • FIPS Code: 31
  • Legal Description: LOT 4 BK 6 SEC 1 RAINBOW FOREST
  • Construction Status: Completed
  • 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 Heater: Electric
  • Water: County
  • Utility - Electric: AEP/Appalachian Powr
Interior and Exterior Features
Exterior Features
  • Stories: One
  • Roof: Shingle
  • Exterior Features: Paved Drive, Insulated Glass, Golf Nearby
  • Exterior Finish (AG): Brick
  • Attach Doc to DocBox: Disclosure, Home Inspection, Lead Based Paint, Other
  • ScreenedPorch Area: 0.0
  • ScreenedPorch Dimensions: 0.000 x 0.000
  • ScreenedPorch Length: 0.0
  • ScreenedPorch Width: 0.0
  • Patio Area: 0.0
  • Porch Area: 0.0
  • Foyer Area: 0.0
  • Deck: 28x12 Level: Level 1 Above Grade
Interior Features
  • Fireplace: 2 Fireplaces, Den, Living Room, Wood Burning
  • Flooring: Vinyl Plank, Wood
  • Heating System: Heat Pump
  • Interior Features: Ceiling Fan(s), Drywall, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Tile Bath(s)
  • Laundry: Basement
  • Limited Services: No
  • Attic: Access
  • Basement: Apartment, Exterior Entrance, Finished, Full, Garage, Interior Entrance, Walkout
  • Den: 20x11 Level: Below Grade
  • Air Conditioning: Heat Pump
  • Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Quarter Bathrooms: 0
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Bedrooms: 4
  • Possible Bedrooms: 0
  • Appliance/Convey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
Room Information
Additional Room Information
  • 2nd Bedroom: 12x12 Level: Level 1 Above Grade
  • 2ndBedroom Area: 144.0
  • 2ndBedroom Dimensions: 12.000 x 12.000
  • 2ndBedroom Length: 12.0
  • 2ndBedroom Width: 12.0
  • 3rd Bedroom: 12x10 Level: Level 1 Above Grade
  • 3rdBedroom Area: 120.0
  • 3rdBedroom Dimensions: 12.000 x 10.000
  • 3rdBedroom Length: 12.0
  • 3rdBedroom Width: 10.0
  • 4th Bedroom: 13x10 Level: Below Grade
  • 4thBedroom Area: 130.0
  • 4thBedroom Dimensions: 13.000 x 10.000
  • 4thBedroom Length: 13.0
  • 4thBedroom Width: 10.0
  • 5thBedroom Area: 0.0
  • 5thBedroom Dimensions: 0.000 x 0.000
  • 5thBedroom Length: 0.0
  • 5thBedroom Width: 0.0
  • 6thBedroom Area: 0.0
  • 6thBedroom Dimensions: 0.000 x 0.000
  • 6thBedroom Length: 0.0
  • 6thBedroom Width: 0.0
  • Room 1 Description: Basement Kitchen
  • Other Room 1: 17x10 Level: Below Grade
  • Other Room 2: 13x10 Level: Below Grade
  • Kitchen: 16x10 Level: Level 1 Above Grade
  • Laundry Room: 11x7 Level: Below Grade
  • Living Room: 20x12 Level: Level 1 Above Grade
  • Formal Dining: 13x10 Level: Level 1 Above Grade
  • RecRoom Area: 0.0
  • RecRoom Dimensions: 0.000 x 0.000
  • RecRoom Length: 0.0
  • RecRoom Width: 0.0
  • FamilyRoom Area: 0.0
  • FamilyRoom Dimensions: 0.000 x 0.000
  • FamilyRoom Length: 0.0
  • FamilyRoom Width: 0.0
  • GreatRoom Area: 0.0
  • GreatRoom Dimensions: 0.000 x 0.000
  • GreatRoom Length: 0.0
  • GreatRoom Width: 0.0
  • OtherRoom1 Area: 170.0
  • OtherRoom1 Dimensions: 17.000 x 10.000
  • OtherRoom1 Length: 17.0
  • OtherRoom1 Width: 10.0
  • OtherRoom2 Area: 130.0
  • OtherRoom2 Dimensions: 13.000 x 10.000
  • OtherRoom2 Length: 13.0
  • OtherRoom2 Width: 10.0
  • OtherRoom3 Area: 0.0
  • OtherRoom3 Dimensions: 0.000 x 0.000
  • OtherRoom3 Length: 0.0
  • OtherRoom3 Width: 0.0
  • Office Area: 0.0
  • Office Dimensions: 0.000 x 0.000
  • Office Length: 0.0
  • Office Width: 0.0
Breakfast Room Information
  • BreakfastArea Area: 0.0
  • BreakfastArea Dimensions: 0.000 x 0.000
  • BreakfastArea Length: 0.0
  • BreakfastArea Width: 0.0
Master Bedroom Information
  • MasterBedroom Area: 143.0
  • MasterBedroom Dimensions: 13.000 x 11.000
  • MasterBedroom Length: 13.0
  • MasterBedroom Width: 11.0
Bathrooms Information
  • Full Bath BelowGrade: 1
  • Full Bath Level 1: 2
  • Full Bath Level 2: 0
  • Full Bath Level 3: 0
  • Half Bath BelowGrade: 0
  • Half Bath Level 1: 0
  • Half Bath Level 2: 0
  • Half Bath Level 3: 0
Dining Room
  • FormalDining Area: 130.0
  • FormalDining Dimensions: 13.000 x 10.000
  • FormalDining Length: 13.0
  • FormalDining Width: 10.0
Sun Room
  • SunRoom Area: 0.0
  • SunRoom Dimensions: 0.000 x 0.000
  • SunRoom Length: 0.0
  • SunRoom Width: 0.0
Laundry Room
  • LaundryRoom Area: 77.0
  • LaundryRoom Dimensions: 11.000 x 7.000
  • LaundryRoom Length: 11.0
  • LaundryRoom Width: 7.0
Kitchen Room
  • Kitchen Area: 160.0
  • Kitchen Dimensions: 16.000 x 10.000
  • Kitchen Length: 16.0
  • Kitchen Width: 10.0
Living Room
  • LivingRoom Area: 240.0
  • LivingRoom Dimensions: 20.000 x 12.000
  • LivingRoom Length: 20.0
  • LivingRoom Width: 12.0

Property History for 1484 Rainbow Forest Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1484 Rainbow Forest Drive

Taxable ValueLand$45,000Additions$170,400Total$215,400
Tax Record2023$969 ($81 / month)
Home Facts
Beds5Baths3Total Finished SqFt3,633 SqFtAbove Grade Finished SqFt2,478 SqFtFinished Basement SqFt1,155 SqFtStories1Lot Size66,647 SqFtStyleSingle Family ResidenceYear Built1964ZoningR-SFCountyCAMPBELLAPN011A-06006-004-0Fireplace TypeHas Fireplace

Schools near 1484 Rainbow Forest Drive

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

Brookville Middle School
Public6 to 8

Brookville High School
Public9 to 12

Timberlake Christian Schools
PrivatePK 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.

Similar Homes

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1484 Rainbow Forest Drive is a single family home for sale in Lynchburg, VA 24502. This property was listed for sale on March 21, 2024 by eXp Realty LLC-Fredericksburg, it's currently listed at $334,900. It has been on the market for a total of 29 days and was last sold on February 16, 2024. This listing's school district is Campbell County Public Schools. Nearby schools include Tomahawk Elementary School, Brookville Middle School and Brookville High School. 1484 Rainbow Forest Drive is a 4-bed, 3-bath, 2,478 sqft single family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty LLC-Fredericksburg, Jim Rufus

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.