NOT LISTED FOR SALE

1040 Davis Mill Ln Bedford, VA 24523

Estimated Value: $386,531 - $448,000

3 Beds
2 Baths
2,069 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $245,000 $118 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,402/month

171 Days on Market

Highlights

  • In Ground Pool
  • Fenced Yard
  • 1-Story Property
  • Deck
  • Shed
  • Central Air

About This Home

As of January 2020

Beautiful 3 bedroom 2 bath home, well cared for with immaculate mature landscaping. Ideal for entertaining and relaxing in a serene setting. Walk out your dining room french doors to a lovely in-ground pool with pool house. Spacious kitchen with center island and cozy living area with vaulted ceilings. New heat pump (2018) with a 10 yr warranty on labor and parts and lifetime warranty on compressor - all new thermostats.

Last Agent to Sell the Property

Jessica Jackson

EXP REALTY LLC - STAFFORD License #0225239169 Listed on: 06/18/2019

EXP REALTY LLC - STAFFORD

Co-Listed By

Kelly Drinkard

LAKE RETREAT PROPERTIES INC. License #0225223482

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1996

Lot Details

  • 1.4 Acre Lot
  • Fenced Yard

Interior Spaces

  • 2,069 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Shed

Schools

  • Moneta Elementary School
  • Staunton River Middle School
  • Staunton River High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • Layton Houston Association

Listing and Financial Details

  • Tax Lot 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Interior Features: Gas Log Fireplace
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling
  • Outside Features: Deck, Fenced Yard, In-Ground Pool, Storage Shed
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 3
  • EntryAboveGrdFin Sq Ft: 2069.00
  • Fireplace Number Fireplaces: 1
  • FullBathsFullBathsEntryLvl: 2
  • Grand Total Attached S Q F T: 2069
  • LaundryLaundryEntryLevel: 1
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • Phone Email: 434-537-0954
  • P O A Condo Contact Name: Layton Houston
  • POACondoDues: 200.00
  • Hoa2 Or Poa: Yes
  • PrimCoveredPrking: N/A
  • RatifiedContractDt: 2019-12-06
  • Residential Type: Attached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 2069
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2069.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic - 3BR
  • Water Description: Public Water

Schools

  • Elementary School: Moneta
  • Middle School: Staunton River
  • High School: Staunton River

Lot Info

  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.40
  • Lot: 1

Building Info

  • Year Built: 1996

Tax Info

  • Taxes (6 mo): 1062.00
  • FILLTAXID: 197 3 1

MLS Schools

  • Elementary School: Moneta
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Jan 8, 2020
Sold by
Boley A R
Bought by
Elam Brad E
Seller's Agent
Jessica Jackson
EXP REALTY LLC - STAFFORD
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$248,000
Sold Price
$245,000
Premium/Discount to List
-$3,000
-1.21%
Current Estimated Value
$420,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,133
Avg. Annual Appreciation
9.69%
Original Mortgage
$249,494
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2006
Sold by
Lewis James V and Lewis Betty C
Bought by
Boley A R A and Boley Linda
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
Elam Brad E $245,000 Absolute Title
Boley A R A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elam Brad E $256,000
Closed Elam Brad E $249,494
Previous Owner Boley Linda $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $245,000 -1.2% $118 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
06/18/2019 06/18/19 For Sale $248,000 -- $120 / Sq Ft
Source: Roanoke Valley 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 $1,223 $298,300 $50,000 $248,300
2024 $1,223 $298,300 $50,000 $248,300
2023 $1,223 $149,150 $0 $0
2022 $1,062 $106,150 $0 $0
2021 $1,062 $212,300 $37,000 $175,300
2020 $1,062 $212,300 $37,000 $175,300
2019 $1,062 $212,300 $37,000 $175,300
2018 $1,094 $210,300 $37,000 $173,300
2017 $1,094 $210,300 $37,000 $173,300
2016 $1,094 $210,300 $37,000 $173,300
2015 $1,094 $210,300 $37,000 $173,300
2014 $1,051 $202,100 $37,000 $165,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jessica Jackson

    EXP REALTY LLC - STAFFORD

    (856) 498-1611

    14 Total Sales

    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kelly Drinkard

    LAKE RETREAT PROPERTIES INC.

    (540) 525-9589

    9 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member Transaction Agent

    Non-Member Transaction Office

See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 860355

Roanoke Valley Association of REALTORS®

APN: 197-3-1

Virginia Bedford County Bedford 24121

1040 Davis Mill Ln, Bedford, VA

This home is located at 1040 Davis Mill Ln, Bedford, VA 24523 since 18 June 2019 and is currently estimated at $420,133, approximately $203 per square foot. This property was built in 1996. 1040 Davis Mill Ln is a home located in Bedford County with nearby schools including Moneta Elementary School, Staunton River Middle School, and Staunton River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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