$296,900
SOLD JAN 10, 2025

1053 Red Hill Rd Big Island, VA 24526

3 Beds
1 Bath
1,706 Sq Ft
2.49 Acres

Recently Sold

$174 Per Sq Ft

6% Below List Price

110 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Garden
  • Big Island Elementary School Rated 9+
  • Separate Outdoor Workshop
  • Landscaped

About This Home

As of January 2025

This one level brick ranch on 2.7 acres with Hunting creek at the back of property is conveniently located between Bedford and Lynchburg. Over 1,700 sq ft of living space with 3 bedrooms, 1-bathroom, large living room, family room, den, dining area and kitchen. Sit on the porch or patio and listen to the creek or enjoy mountain views. Huge 32x40 detached garage. Full unfinished basement. Paved drive. Roof and heat pump about 10 years old.

Last Agent to Sell the Property

Kevin Turner

Century 21 ALL-SERVICE-BED License #0225019642 Listed on: 07/02/2024

Century 21 ALL-SERVICE-BED

Last Buyer's Agent

Kevin Turner

Century 21 ALL-SERVICE-BED License #0225019642 Listed on: 07/02/2024

Century 21 ALL-SERVICE-BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $802

Year Built

  • Built in 1959

Lot Details

  • 2.49 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Metal Roof

Interior Spaces

  • 1 Full Bathroom
  • 1,706 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Wood Flooring
  • Mountain Views
  • Attic Access Panel
  • Electric Range
  • Washer and Dryer Hookup

Basement

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

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Outdoor Features

  • Separate Outdoor Workshop

Schools

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

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 1006400

Home Details

Home Type

Single Family

Est. Annual Taxes

$802

Year Built

Built in 1959

Lot Details

0

Listing Details

  • BuildingOnProperty: Workshop
  • Directions: Big Island Highway to Red Hill Road to home on right. See sign.
  • Internet Providers: Hughes.net, Verizon
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1959
  • Detached Garage: 3 Car +
  • Garage Yn: Yes
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1706.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Walkout
  • Flooring: Hardwood
  • Den: 17x15 Level: Level 1 Above Grade
  • Family Room: 12x23 Level: Level 1 Above Grade
  • Formal Dining: 6x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom, Main Level Den
  • Dining Kitchen: 8x16 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 11x18 Level: Level 1 Above Grade
  • Master Bedroom: 11x11 Level: Level 1 Above Grade
  • Porch: 11x24 Level: Level 1 Above Grade
  • Appliances: Range-Elec, Refrigerator
  • Fireplace: 1 Fireplace, Gas Log
  • Stories: One
  • Third Bedroom: 9x11 Level: Level 1 Above Grade
  • Second Bedroom: 9x11 Level: Level 1 Above Grade
  • Room Family Room Area: 276.000000
  • Room Bedroom3 Area: 99.000000
  • Room Master Bedroom Area: 121.000000
  • Den Area: 255.000000
  • Room Kitchen Area: 128.000000
  • Room Living Room Area: 198.000000
  • Room Bedroom2 Area: 99.000000
  • MasterBedroomDimensions Dim: 11.000 x 11.000
  • Kitchen Dim: 8.000 x 16.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 11.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Deck, Off-Street Parking, Patio, Side Porch, Paved Drive, Garden Space, Landscaped, Insulated Glass, Mountain Views
  • Patio: 13x13 Level: Below Grade

Garage/Parking

  • Garage Area: 1280.000000
  • Garage Dim: 32.000 x 40.000
  • GarageLen: 32.000
  • GarageWid: 40.000
  • Garage Description: Garage Door Opener, Oversized

Utilities

  • Utility Electric: Town of Bedford
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: Well

Schools

  • Elementary School: Big Island Elem
  • High School: Liberty High
  • Middle School: Liberty Midl
  • Junior High Dist: Bedford

Lot Info

  • Acres: 2.4880
  • Lot Size Sq Ft: 108377.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 1006400
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 802

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Nov 19, 2024
Sold by
Morehead Carolyn R
Bought by
Knox Gordon H and Knox Deborah R
Seller's Agent
Kevin Turner
Century 21 ALL-SERVICE-BED
Buyer's Agent
Kevin Turner
Century 21 ALL-SERVICE-BED
List Price
$314,900
Sold Price
$296,900
Premium/Discount to List
-$18,000
-5.72%
Views
25
Current Estimated Value
$283,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,352
Avg. Annual Appreciation
1.73%
Original Mortgage
$222,675
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2023
Sold by
Ragland Nancy M
Bought by
Morehead Carolyn R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $296,900 Accupoint Title & Escrow
Deed $296,900 Accupoint Title & Escrow
Gift Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $222,675 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $296,900 -1.0% $174 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $299,900 -4.8% $176 / Sq Ft
10/18/2024 10/18/24 For Sale $314,900 0.0% $185 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $314,900 -- $185 / 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 $601 $146,500 $15,000 $131,500
2024 $601 $146,500 $15,000 $131,500
2023 $601 $73,250 $0 $0
2022 $644 $64,400 $0 $0
2021 $644 $128,800 $15,000 $113,800
2020 $644 $128,800 $15,000 $113,800
2019 $716 $128,800 $15,000 $113,800
2018 $761 $146,300 $20,000 $126,300
2017 $761 $146,300 $20,000 $126,300
2016 $761 $146,300 $20,000 $126,300
2015 $761 $146,300 $20,000 $126,300
2014 $763 $146,800 $20,000 $126,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 353259

APN: 10-A-64