NOT LISTED FOR SALE

1076 Grinder Switch Ln Bedford, VA 24523

Estimated Value: $336,000 - $383,000

2 Beds
1 Bath
1,952 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $120,000 $61 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,910/month

70 Days on Market

Highlights

  • Mountain View
  • Multiple Fireplaces
  • Wood Flooring
  • Forest Middle School Rated A-
  • Ranch Style House
  • Pole Barn

About This Home

As of July 2015

Truly an unique property in a country setting! Don't let the 2 bedrooms fool you this ranch is huge! As you enter you will notice the slab greenstone floor, replacement windows, 2 kitchens, hardwood flooring, vinyl siding and more. All tucked away down a long drive overlooking great views of Bedford County. This 3.95 acre lot is priced right with recent appraisal on file.

Last Agent to Sell the Property

Josh Ballengee

ENRG REALTY License #0225197681 Listed on: 05/22/2015

ENRG REALTY

Last Buyer's Agent

Steve Rush

Century 21 ALL-SERVICE-BED License #0225180463

Century 21 ALL-SERVICE-BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 1952

Lot Details

  • 3.95 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned A-1

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,952 Sq Ft Home
  • Multiple Fireplaces
  • Great Room
  • Mountain Views
  • Built-In Oven

Flooring

  • Wood
  • Wood Under Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Workshop in Garage

Outdoor Features

  • Pole Barn

Schools

  • Otter River Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 131116000

Home Details

Home Type

Single Family

Est. Annual Taxes

$624

Year Built

Built in 1952

Lot Details

0

Listing Details

  • FILLACRES: 3.9500
  • BuildingOnProperty: Pole Building
  • Directions: Rt. 221 Forest right just passed Otter River Elem. to left on Lowry Rd. to left on Timber Ridge to left on Grinder Switch Lane.
  • Lot Measurement: Acres
  • Lot Sq Ft: 172062.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 131116000
  • Year Built: 1952
  • Heating System: Forced Warm Air-Oil, Heat Pump
  • Building Stories: Multi/Split
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 15.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 156.000000
  • Master Bedroom Dim: 13.000 x 12.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 360.000000
  • Other Room1 Len: 30.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Big Otter
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Above Grade Finished Sq Ft: 1952.00
  • ApplianceConvey: Wall Oven
  • Has Attic: Pull Down, Storage Only
  • Has Basement: Other
  • Breakfast Area: 12x8 Level: Level 1 Above Grade
  • Flooring: Carpet Over Hardwood, Hardwood
  • Year Built Exception: 0
  • Fireplace: 2 Fireplaces
  • Formal Dining: 13x13 Level:
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Great Room
  • Dining Kitchen: 12x10 Level:
  • Laundry: Main Level, Separate Laundry Rm.
  • Living Room: 18x15 Level: Level 1 Above Grade
  • Master Bedroom: 13x12 Level: Level 1 Above Grade
  • Other Room 1: 30x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • LivingRoom Area: 270.000000
  • Est Other Room1 Dim: 30.000 x 12.000
  • 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: Garden Space, Landscaped, Mountain Views

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Workshop, Oversized
  • Garage Area: 700.000000
  • Garage Dim: 28.000 x 25.000
  • GarageLen: 28.000
  • GarageWid: 25.000

Utilities

  • Air Conditioner: Central Electric, Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1952.00
  • Zoning: A-1

Tax Info

  • Estimated Taxes: 624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Kormanik Daniel A and Kormanik Christel
Bought by
Kormanik Family Irrevocable Trust and Kormanik
Current Estimated Value
$348,545

Purchase Details

Closed on
Apr 3, 2024
Sold by
Seljan Michael and Seljan Virginia
Bought by
Stanley Michael

Purchase Details

Listed on
May 22, 2015
Closed on
Jul 29, 2015
Sold by
The Estate Of Annie Arthur Keyes Decease
Bought by
Kormanik Daniel A and Kormanik Christel
Seller's Agent
Josh Ballengee
ENRG REALTY
Buyer's Agent
Steve Rush
Century 21 ALL-SERVICE-BED
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$142,000
Interest Rate
3.97%
Mortgage Type
Credit Line Revolving
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
Kormanik Family Irrevocable Trust -- None Listed On Document
Kormanik Family Irrevocable Trust -- None Listed On Document
Stanley Michael -- None Listed On Document
Kormanik Daniel A $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kormanik Daniel A $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2015 07/31/15 Sold $120,000 -7.6% $61 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $129,900 -- $67 / 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 $1,037 $253,000 $46,700 $206,300
2024 $1,037 $253,000 $46,700 $206,300
2023 $1,037 $126,500 $0 $0
2022 $688 $68,750 $0 $0
2021 $688 $137,500 $33,700 $103,800
2020 $688 $137,500 $33,700 $103,800
2019 $688 $137,500 $33,700 $103,800
2018 $666 $128,000 $33,700 $94,300
2017 $666 $128,000 $33,700 $94,300
2016 $612 $117,600 $33,700 $83,900
2015 $628 $120,700 $36,800 $83,900
2014 $690 $132,600 $36,800 $95,800
Source: Public Records

Agents Affiliated with this Home

  • Josh Ballengee

    Seller's Agent in 2015

    Josh Ballengee

    ENRG REALTY

    (434) 665-2103

    56 Total Sales

    Josh Ballengee
    Section Image

  • S

    Buyer's Agent in 2015

    Steve Rush

    Century 21 ALL-SERVICE-BED

    (540) 871-4021

    41 Total Sales

    Steve Rush
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 292124

APN: 131-4-7

Virginia Bedford County Bedford 24523

1076 Grinder Switch Ln, Bedford, VA

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