NOT LISTED FOR SALE

1003 Lake Dr Bedford, VA 24523

Estimated Value: $250,827 - $323,000

4 Beds
2 Baths
1,688 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $162,000 $96 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,592/month

2 Days on Market

Highlights

  • Community Lake
  • Formal Dining Room
  • Storm Windows
  • Wood Flooring
  • Fenced Yard
  • Laundry Room

About This Home

As of April 2020

Talk about great location and great price, 4 bdrms, 2 baths, great view of small lake, wooded lot, LR with fireplace, walk to everything in Bedford. This home is an opportunity to move right in or take some time and play with it. Immediate occupancy. Floor plan allows for great private spaces as well as cozy gathering spaces, formal dining if you like, or an extra conversation area. Make this your own home in a dream location.

Last Agent to Sell the Property

James Towner

John Stewart Walker, Inc License #0225213162 Listed on: 03/30/2020

Last Buyer's Agent

Renee Ruth

EXP Realty LLC-Forest License #0225224109

EXP Realty LLC-Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1962

Lot Details

  • 0.57 Acre Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned R1

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 1,688 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Storm Windows
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry

Outdoor Features

  • Outdoor Storage

Schools

  • Bedford Elementary School
  • Liberty Midl Middle School
  • Liberty High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 152-6-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1962

Lot Details

0

Listing Details

  • FILLACRES: 0.5700
  • BuildingOnProperty: Storage Building
  • Directions: From Longwood Ave, go north on Rt 43 towards the Peaks, then left on to Lake Drive. Home on the left.
  • Internet Providers: Satellite, Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 24829.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 152-6-3
  • Year Built: 1962
  • FullBathBelowGrade: 1
  • Heating System: Forced Warm Air-Oil, Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Split Level
  • Foyer Area: 71.370000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.000 x 12.600
  • Livingroom Len: 17.000
  • Livingroom Wid: 12.600
  • Masterbedroom Area: 177.800000
  • Master Bedroom Dim: 14.000 x 12.700
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.700
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: Lake Dr. PT Lots 2 & 3
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12.60x12.50 Level: Level 2 Above Grade
  • Second Bedroom Area: 157.500000
  • Third Bedroom: 14x11 Level: Below Grade
  • Third Bedroom Area: 154.000000
  • Above Grade Finished Sq Ft: 1144.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Exterior Entrance, Finished, Heated, Walkout
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room
  • Formal Dining: 11.50x8.60 Level: Level 1 Above Grade
  • Foyer: 11.70x6.10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, High Speed Data Aval, Separate Dining Room
  • Dining Kitchen: 15x11 Level: Level 1 Above Grade
  • Laundry: Separate Laundry Rm.
  • Living Room: 17x12.60 Level: Level 1 Above Grade
  • Master Bedroom: 14x12.70 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 165.000000
  • LivingRoom Area: 214.200000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Fenced Yard, Landscaped, Storm Windows, Lake Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: Town of Bedford
  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Bedford
  • Elementary School #2: Bedford Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 1688.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Apr 22, 2020
Sold by
Zody Gregg B
Bought by
Northrup Veronica Lynne
Seller's Agent
James Towner
John Stewart Walker, Inc
Buyer's Agent
Renee Ruth
EXP Realty LLC-Forest
List Price
$156,900
Sold Price
$162,000
Premium/Discount to List
$5,100
3.25%
Current Estimated Value
$287,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,457
Avg. Annual Appreciation
10.15%
Original Mortgage
$165,726
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
May 28, 2015
Closed on
Sep 4, 2015
Sold by
Martin Curtis Michael
Bought by
Zody Gregg B
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$149,000
Sold Price
$146,500
Premium/Discount to List
-$2,500
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$143,846
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2006
Sold by
Reynolds Charles M and Reynolds Arline T
Bought by
Martin Curtis Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Northrup Veronica Lynne $162,000 Attorney
Zody Gregg B $146,500 Fidelity National Title
Martin Curtis Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northrup Veronica Lynne $169,600
Closed Northrup Veronica Lynne $165,726
Previous Owner Zody Gregg B $143,846
Previous Owner Martin Curtis M $40,000
Previous Owner Martin Curtis Michael $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $162,000 +3.3% $96 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $156,900 +7.1% $93 / Sq Ft
09/04/2015 09/04/15 Sold $146,500 -1.7% $98 / Sq Ft
08/06/2015 08/06/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $149,000 -- $99 / 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 $719 $175,300 $45,000 $130,300
2024 $719 $175,300 $45,000 $130,300
2023 $719 $87,650 $0 $0
2022 $706 $70,550 $0 $0
2021 $706 $141,100 $42,000 $99,100
2020 $706 $141,100 $42,000 $99,100
2019 $706 $141,100 $42,000 $99,100
2018 $721 $138,600 $42,000 $96,600
2017 $721 $138,600 $42,000 $96,600
2016 $721 $138,600 $42,000 $96,600
2015 $721 $138,600 $42,000 $96,600
2014 $722 $138,900 $38,000 $100,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Towner

    John Stewart Walker, Inc

  • Renee Ruth

    Buyer's Agent in 2020

    Renee Ruth

    EXP Realty LLC-Forest

    (434) 851-1300

    5 in this area

    249 Total Sales

    Renee Ruth
    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Steve Rush

    CENTURY 21 ALL-SERVICE

    (540) 871-4021

    16 in this area

    42 Total Sales

    Steve Rush
    Section Image

  • N

    Buyer's Agent in 2015

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324175

APN: 152-6-2A-T

Virginia Bedford City County Bedford 24523

1003 Lake Dr, Bedford, VA

This home is located at 1003 Lake Dr, Bedford, VA 24523 since 30 March 2020 and is currently estimated at $287,457, approximately $170 per square foot. This property was built in 1962. 1003 Lake Dr is a home located in Bedford City with nearby schools including Bedford Primary School, Bedford Elementary School, and Liberty Middle School.

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