NOT LISTED FOR SALE

1116 Trinity Ln Bedford, VA 24523

Estimated Value: $150,000 - $230,000

3 Beds
1 Bath
1,056 Sq Ft
$181/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $99,900 $95 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,038/month

7 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Separate Outdoor Workshop
  • Forest Middle School Rated A-
  • Workshop
  • Storm Windows

About This Home

As of June 2019

New, quiet and convenient! Cute, turnkey property with beautiful mountain views ideal for a small family, retirees or investors! This home features a brand new heat pump, roof, windows, hot water heater, flooring and fresh paint that will help keep additional bills low for years to come. The oversized master bedroom comes with its own sitting area to relax and unwind in. The partially fenced in backyard offers a large cinderblock shed to store lawn and recreational equipment. With close proximity to HWY 460 or RTE 221 schools, shopping, and restaurants are all within a short drive. This remodeled home in its tranquil setting will let its new owners move right in, put their feet up and take a deep breath of fresh air!

Last Agent to Sell the Property

Jamey Parks

Keller Williams License #0225202079 Listed on: 05/07/2019

Keller Williams

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $375

Year Built

  • Built in 1971

Lot Details

  • 0.33

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Workshop
  • Mountain Views
  • Crawl Space
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Attic

  • Attic Access Panel
  • Partially Finished Attic

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Bedford Elementary School
  • Liberty Midl Middle School
  • Liberty High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 0.33 Acre Lot
  • Property is near a golf course

Community Details

  • Timber Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131A213

Home Details

Home Type

Single Family

Est. Annual Taxes

$375

Year Built

Built in 1971

Lot Details

0

Listing Details

  • FILLACRES: 0.3300
  • BuildingOnProperty: Storage Building, Workshop
  • Directions: From RTE 221 turn onto Timber Ridge Rd, turn right onto Bell Town Rd, immediate left onto Trinity Lane, home is on the left. From HWY 460 turn onto Timber Ridge Rd, turn left onto Bell Town Rd, immediate left onto Trinity Lane, home is not the left
  • Internet Providers: Satellite
  • Lot Measurement: Acres
  • Lot Sq Ft: 14375.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 131A213
  • Year Built: 1971
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 16.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 288.000000
  • Master Bedroom Dim: 24.000 x 12.000
  • Masterbedroom Len: 24.000
  • Masterbedroom Wid: 12.000
  • 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)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: TIMBER RIDGE LT 13
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 10x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 10x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 1056.00
  • ApplianceConvey: Range-Elec
  • Has Attic: Access, Partial Finished
  • Has Basement: Crawl Space
  • Breakfast Area: 10x4 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, High Speed Data Aval, Paneling, Smoke Alarm, Workshop
  • Dining Kitchen: 10x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 12x16 Level: Level 1 Above Grade
  • Master Bedroom: 24x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • LivingRoom Area: 192.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • 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

  • Lot Number: 13
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Storm Windows, Insulated Glass, Mountain Views, Golf Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Central System
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Timber Ridge

Schools

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

Lot Info

  • Lot Sq Ft: 1056.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 20, 2019
Sold by
Clegg Gary K
Bought by
Harrison Courtney A
Seller's Agent
Jamey Parks
Keller Williams
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$99,900
Sold Price
$99,900
Current Estimated Value
$191,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,531
Avg. Annual Appreciation
10.77%
Original Mortgage
$100,909
Outstanding Balance
$88,724
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$102,707

Purchase Details

Listed on
Oct 14, 2017
Closed on
Jan 10, 2018
Sold by
Secretary Of Housing And Urban Developme
Bought by
Clegg Gary K
Seller's Agent
Mike Levan
BHHS Dawson Ford Garbee
Buyer's Agent
Jamey Parks
Keller Williams
List Price
$60,000
Sold Price
$50,555
Premium/Discount to List
-$9,445
-15.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.55%

Purchase Details

Closed on
May 26, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
May 10, 2016
Sold by
Equity Trustees Llc A Virginia Limited L
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 21, 2008
Sold by
Lee Megan E Pugh and Pugh Megan E
Bought by
Lee Megan E Pugh and Lee Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,590
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2005
Sold by
Wood Ronald and Wood Sandra
Bought by
Pugh Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
6.39%
Mortgage Type
USDA

Purchase Details

Closed on
Jul 14, 2005
Sold by
Wood Stephen B and Rossi Nicole L
Bought by
Jones Joshua and Wood Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.59%
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
Harrison Courtney A $99,900 Homestead Settlement Service
Clegg Gary K $50,555 Attorney
The Secretary Of Housing And Urban Devel -- None Available
Jpmorgan Chase Bank National Association $59,860 None Available
Lee Megan E Pugh -- None Available
Pugh Megan E -- None Available
Jones Joshua $41,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Courtney A $100,909
Previous Owner Lee Megan E Pugh $107,590
Previous Owner Pugh Megan E $58,800
Previous Owner Jones Joshua $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2019 06/20/19 Sold $99,900 0.0% $95 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $99,900 +97.6% $95 / Sq Ft
01/18/2018 01/18/18 Sold $50,555 -15.7% $48 / Sq Ft View Prior Sale
12/20/2017 12/20/17 Pending -- -- --
10/14/2017 10/14/17 For Sale $60,000 -- $57 / 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 $404 $98,600 $20,000 $78,600
2024 $404 $98,600 $20,000 $78,600
2023 $404 $49,300 $0 $0
2022 $367 $36,700 $0 $0
2021 $367 $73,400 $16,000 $57,400
2020 $367 $73,400 $16,000 $57,400
2019 $367 $73,400 $16,000 $57,400
2018 $376 $72,300 $16,000 $56,300
2017 $376 $72,300 $16,000 $56,300
2016 $376 $72,300 $16,000 $56,300
2015 $376 $72,300 $16,000 $56,300
2014 $407 $78,200 $16,000 $62,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 318431

APN: 131A-2-13