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303 Somerset Pl, Rustburg, VA, 24588

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,363 SqFt
$156/SqFt
House

Location

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303 Somerset Pl, Rustburg$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1997
HeatingHeat Pump, Ductless, Zoned, Wood Stove
CoolingHeat Pump, Zoned
BasementYes
Fireplace1 Fireplace
ViewOther
MLS #355491
Lot Size3.28 Acres
StatusActive

About 303 Somerset Pl

This custom designed ranch home is situated on 3.27 secluded acres, 10 min from Rustburg/Concord and 20 minutes from Lynchburg.The main level boasts over 1990 finished Sq feet with 400+bonus 2 BR suite on 2nd level. Main floor features include a 19x14 living room, generous primary suite with walk-in closet, on suite bathroom with double sink vanity and oversized storage closet. The kitchen is open in design, boasts double pantries and abundant counter and cabinet space. The dining/breakfast area have French doors that open to the 24x12 covered porch and open decks overlooking the private backyard. Completing the first floor is a second bedroom, full bath, office, laundry closet, & 26x14 ft den with entry to the oversized garage and 2 BR bonus suite over garage.Terrace level offers an additional 1000+finished Sq feet, half bath, wood stove, French doors to the 24x12 patio, & entry to the double front to backgarage/workshop. Extra amenities include:extra wide paved driveway, 2 shed

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1997
  • Stories: 2
  • Living Area: 3,363 SqFt

Listing Office:

  • Office Name: Reddy Real Estate, Inc
  • Office Phone: (434) 384-4663
  • Listing Agent: Wendy R Reddy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Engineered Hardwood, Vinyl
  • Interior: Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Pantry, Rods, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Workshop, Basement, Dryer Connection, Laundry Closet, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Fireplace: 1 Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Deck, Off-Street Parking, Patio, Porch, Front Porch, Rear Porch, Paved Drive, Garden Space, Landscaped, Secluded Lot, Insulated Glass, Satellite Dish, Undergrnd Utilities

Lot Features

Lot Information:

  • Lot Size: 3.28 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Ductless, Zoned, Wood Stove
  • Cooling: Heat Pump, Zoned

Other

Directions Information:

  • Directions: RT 460 East Towards Appomattox, Right on Oxford Furnace Rd, Right on Rt 24, Left on Bear Creek Rd, Right onto Somerset Pl, house is 4.4 miles on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $156/SqFt

Tax Information:

  • Annual Amount: $1,190
  • Tax Year: 2021
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Housing Market Comparison

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

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Rustburg, VA

City

Med. Sold Price

$326.5K

Med. Price/SqFt

$183

Avg. Days On Market

54

# of Sold Homes

9

303 Somerset Pl vs Rustburg

49 DAYS ON ROCKET

-5 Days

$525,000

+$198.5K More

$156/SqFt

-$27 Less

KEY TAKEAWAY

This property is $198.5K more than the Median Sold Price and $27/SqFt less than other homes in Rustburg, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #355491

Listing Office:

  • Office Name: Reddy Real Estate, Inc
  • Office Phone: (434) 384-4663
  • Listing Agent: Wendy R Reddy

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: 12/21/2024, 9:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,190$228,800
2020$1,190$224,700
2019$1,168$228,800
2018$1,168$224,700
2017$1,168$224,700

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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.

Nearby Schools

school-card-donut-800480
5
/10

  • Rustburg Elementary School

  • 201 Village Hwy

  • 2.82 miles

  • Public District Grades PK-5

school-card-donut-800481
5
/10

  • Concord Elementary School

  • 9339 Village Hwy

  • 5.66 miles

  • Public District Grades PK-5

school-card-donut-800482
5
/10

  • Yellow Branch Elementary School

  • 377 Dennis Riddle Dr

  • 7.16 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,921. The majority of Rustburg, VA residents have income between $35k-100k annually. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 303 Somerset Pl

What is the listing price of this property?

The listing price of 303 Somerset Pl property is $525,000.

What type of property is this?

The property 303 Somerset Pl is a house located in Rustburg, Virginia, 24588.

Is this property for sale now?

Active Listing: 303 Somerset Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,190 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 303 Somerset Pl has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 303 Somerset Pl is 3,363 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 303 Somerset Pl is 1997.

Rocket Homes›Virginia›Campbell County›Rustburg›24588›303 Somerset Pl

This home is located at 303 Somerset Pl in Rustburg, VA and zip code 24588. This 3,363 square foot home, which was built in 1997, sits on a 3.28 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 03, 2024 and is currently priced at $525,000.

While more than 1 listings in Rustburg, VA in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. The number of homes for sale in Rustburg, VA increased by 11.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $326,500, while the average time on the real estate market was 54 days.

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

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