NOT LISTED FOR SALE

1023 Memory Ln Big Island, VA 24526

Estimated Value: $155,000 - $212,000

2 Beds
3 Baths
1,215 Sq Ft
$147/Sq Ft Est. Value

Last Sold December 04, 2020

Last sale price $139,000 $114 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $995/month

34 Days on Market

Highlights

  • River Nearby
  • Cape Cod Architecture
  • Workshop
  • Big Island Elementary School Rated 9+
  • Wood Flooring
  • Screened Porch

About This Home

As of December 2020

Beautifully Remodeled Brick Cape Cod home boasting with Character in Big Island. This home features a Upgraded Kitchen with Stainless Steel Appliances. Formal Dining Room, Spacious Living Room and Additional Room that could be used as Main Level Bedroom or Office Space all with Gorgeous Refinished Hardwood Floors! Upstairs you will find the Master Bedroom featuring a Cedar Closet and Half Bath and Spacious Second Bedroom with lots of space for storage! In the basement you will find another room that would be perfect for additional Bedroom or Play Room for the kids! Basement also features a bathroom and stand alone shower, 2 Chimneys for Wood Stoves. Enclosed Side Porch as well as a Back Porch that has a Stair Lift. New Heat Pump, Replacement Windows, Well Pump and Side Deck are just a few upgrades to mention, the list goes on! Large backyard with Garage perfect for Entertaining! This Gem is located just 1 mile from the James River Boat Landing and 2 miles from the Blue Ridge Parkway!

Last Agent to Sell the Property

Kelly Eckard

Brownstone Properties License #0225218834 Listed on: 09/19/2020

Last Buyer's Agent

William Matthew Barrett IV

Elite Realty License #0225215469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $623

Year Built

  • Built in 1946

Lot Details

  • 0.48 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 1,215 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • Sitting Room
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • Scuttle Attic Hole
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Laundry in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Outdoor Features

  • River Nearby

Schools

  • Big Island Elementary School
  • Liberty Midl Middle School
  • Liberty High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$623

Year Built

Built in 1946

Lot Details

0

Listing Details

  • FILLACRES: 0.4800
  • Directions: US 501N/Boonsboro Rd. for 12 miles. Home on right, Brownstone Properties sign in yard.
  • Internet Providers: Hughes.net, Infinisky, Satellite
  • Lot Measurement: Acres
  • Lot Sq Ft: 20909.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1946
  • Detached Garage: 2 Car
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Cape Cod
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 12.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 156.000000
  • Master Bedroom Dim: 12.000 x 13.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 13.000 x 8.000
  • Other Room1 Area: 104.000000
  • Other Room1 Len: 13.000
  • Other Room2 Area: 39.000000
  • Other Room2 Len: 13.000
  • Other Room3 Area: 96.000000
  • Other Room3 Len: 12.000
  • Sun Room Len: 11.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (1 2)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: LOT B PB 58/268
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 9x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 117.000000
  • Above Grade Finished Sq Ft: 1215.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Walkout, Workshop
  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 10x12 Level: Level 1 Above Grade
  • Formal Dining: 11x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Half Bathroom: 1
  • Interior Amenities: Ceiling Fan(s), Paneling, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Workshop
  • Dining Kitchen: 11x13 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 18x12 Level: Level 1 Above Grade
  • Master Bedroom: 12x13 Level: Level 2 Above Grade
  • Office: 13x8 Level: Level 1 Above Grade
  • Other Room 1: 13x8 Level: Level 1 Above Grade
  • Other Room 2: 13x3 Level: Level 1 Above Grade
  • Other Room 3: 12x8 Level: Below Grade
  • Porch: 11x12 Level: Level 1 Above Grade
  • Additional Room 1 Description: Sitting Room
  • Additional Room 2 Description: Walk In Pantry
  • Additional Room 3 Description: Playroom
  • Sun Room: 11x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 143.000000
  • LivingRoom Area: 216.000000
  • Office Area: 104.000000
  • Est Other Room1 Dim: 13.000 x 8.000
  • Est Other Room2 Dim: 13.000 x 3.000
  • Est Other Room3 Dim: 12.000 x 8.000
  • Rec Room Dim: 0.000 x 0.000
  • Sun Room Area: 88.000000
  • Sunroom Dim: 11.000 x 8.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: River Nearby, Garden Space, Landscaped, Screened Porch, Storm Doors, Insulated Glass

Garage/Parking

  • Garage Spaces: Workshop
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: Town of Bedford
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1215.00

Tax Info

  • Estimated Taxes: 623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Jan 15, 2020
Sold by
2019 Castle Llc
Bought by
Tolley Ray S and Tolley Sandra W
Seller's Agent
Norman Domingo
XREALTY.NET LLC
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$39,900
Sold Price
$39,900
Current Estimated Value
$174,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,674
Avg. Annual Appreciation
30.88%

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 21, 2019
Sold by
U S Bank Na
Bought by
2019 Castle Llc
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$89,000
Sold Price
$35,600
Premium/Discount to List
-$53,400
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.15%

Purchase Details

Closed on
Apr 8, 2019
Sold by
Alg Trustees Llc
Bought by
Us Bank National Association and Trustee For The Cim Trust
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
Tolley Ray S $39,900 Attorney
2019 Castle Llc $35,600 Title365
Us Bank National Association $123,004 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrett Anthony M $125,100
Previous Owner Ragland James E $124,505
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $139,000 -7.3% $114 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/19/2020 09/19/20 For Sale $149,900 +275.7% $123 / Sq Ft
01/21/2020 01/21/20 Sold $39,900 0.0% $33 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $39,900 +12.1% $33 / Sq Ft
06/27/2019 06/27/19 Sold $35,600 -60.0% $29 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $89,000 -- $73 / 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 $465 $113,500 $15,000 $98,500
2024 $465 $113,500 $15,000 $98,500
2023 $465 $56,750 $0 $0
2022 $534 $53,350 $0 $0
2021 $534 $106,700 $15,000 $91,700
2020 $534 $106,700 $15,000 $91,700
2019 $534 $106,700 $15,000 $91,700
2018 $554 $106,600 $15,000 $91,600
2017 $554 $106,600 $15,000 $91,600
2016 $554 $106,600 $15,000 $91,600
2015 $554 $106,600 $15,000 $91,600
2014 $552 $106,100 $15,000 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 327319

APN: 17A2-7-37