NOT LISTED FOR SALE

1050 Tower Rd Blue Ridge, VA 24064

Estimated Value: $134,000 - $198,347

4 Beds
2.5 Baths
2,398 Sq Ft
$64/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2025

Last sale price $140,000 $58 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $895 / mo

8 Days on Market

Highlights

  • Living Room with Fireplace
  • 3 Car Detached Garage
  • Patio
  • No HOA

About This Home

As of August 2025

Conveniently located between Bedford and Roanoke, this well built mid 20th Century brick Cape Cod style home ready for someone new to come breath new life in to her again. This home boasts almost 2600 sf feet a living area plus a full unfinished basement, side patio, rear sun room, and a massive 3000 sf detached garage. This house was designed for entertaining and comfort, just look at these room sizes. Are you ready for your next adventure? Please note: the Seller will review offers after the home has been on the market for 7 days.

Last Agent to Sell the Property

Mike Levan

BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r) License #0225045215 Listed on: 07/15/2025

BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r)

Last Buyer's Agent

Mike Levan

BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r) License #0225045215 Listed on: 07/15/2025

BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $522

Year Built

  • Built in 1922

Lot Details

  • 1.5

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,398 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Schools

  • Montvale Elementary School
  • Liberty Middle School
  • Liberty High School

Utilities

  • No Cooling
  • Radiator
  • Electric Water Heater

Additional Features

  • Patio
  • 1.5 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$522

Year Built

Built in 1922

Lot Details

1.5 Acres

Listing Details

  • Interior Features: Other - See Remarks
  • Heating System: Radiator Oil Heat
  • Fireplace(s): Basement, Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full Basement
  • Major Appliances: None
  • Cooling System: No Cooling System
  • Outside Features: Patio
  • BedroomsBREntryLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1753.00
  • FullBathsFullBathsLowerLvl: 1
  • HalfBathsHalfBathsUpperLvl: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 06 - Bedford County
  • NumberPrimCovSpaces: 3.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Garage Detached
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: 1.5 Story
  • Total Above Grd Fin S Q F T: 2398
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 3.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 2398.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1753.00
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1753.00
  • UpperAboveGrdFin Sq Ft: 645.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Lot Info

  • Lot Dimensions: 1.5
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.50

Building Info

  • Year Built: 1922

Tax Info

  • Taxes (6 mo): 522.00

MLS Schools

  • Elementary School: Montvale
  • HighSchool: Liberty High
  • Middle School: Liberty Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2025
Closed on
Aug 5, 2025
Sold by
Reo Trust and Us Bank Trust National Association
Bought by
C R Building Innovations Llc
Seller's Agent
Mike Levan
BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r)
Buyer's Agent
Mike Levan
BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r)
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
89
Current Estimated Value
$159,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,551
Avg. Annual Appreciation
14.10%
Original Mortgage
$251,870
Outstanding Balance
$250,773
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$97,436

Purchase Details

Listed on
Jul 15, 2025
Closed on
Jul 7, 2025
Sold by
Peters Elizabeth E and Peters Randolph P
Bought by
Us Bank Trust
Seller's Agent
Mike Levan
BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r)
Buyer's Agent
Mike Levan
BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r)
List Price
$149,900
Sold Price
$140,000
Premium/Discount to List
-$9,900
-6.6%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,870
Outstanding Balance
$250,773
Interest Rate
6.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$97,436

Purchase Details

Closed on
Feb 14, 2025
Sold by
Alg Trustee Llc
Bought by
Reo Trust and Us Bank Trust

Purchase Details

Closed on
Jun 30, 2005
Sold by
Zimmerman Linda H and Zimmerman Linda H
Bought by
Peters Randolph P and Peters Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,251,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
C R Building Innovations Llc $140,000 None Listed On Document
Us Bank Trust $176,732 None Listed On Document
Reo Trust $176,732 None Listed On Document
Peters Randolph P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C R Building Innovations Llc $251,870
Previous Owner Peters Randolph P $1,251,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 Sold $140,000 -6.6% $58 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $149,900 -- $63 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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 $511 $124,700 $25,000 $99,700
2024 $511 $124,700 $25,000 $99,700
2023 $511 $62,350 $0 $0
2022 $699 $69,900 $0 $0
2021 $699 $139,800 $25,000 $114,800
2020 $699 $139,800 $25,000 $114,800
2019 $699 $139,800 $25,000 $114,800
2018 $711 $136,800 $25,000 $111,800
2017 $711 $136,800 $25,000 $111,800
2016 $711 $136,800 $25,000 $111,800
2015 $711 $136,800 $25,000 $111,800
2014 $735 $141,400 $20,000 $121,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Mike Levan

    BERKSHIRE HATHAWAY HOMESERVICES DAWSON FORD GARBEE & CO, REALTORS(r)

    (434) 942-8393

    103 Total Sales

    Mike Levan
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 919235

Roanoke Valley Association of REALTORS®

APN: 85A2-1-46A

Virginia Bedford County Blue Ridge 24064

1050 Tower Rd, Blue Ridge, VA

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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