$720,000
SOLD APR 8, 2022

1132 Bancroft Ln Goode, VA 24556

4 Beds
4 Baths
2,732 Sq Ft
40.62 Acres

Recently Sold

$264 Per Sq Ft

Highlights

  • 40.62 Acre Lot
  • Creek or Stream View
  • Fireplace in Primary Bedroom
  • Forest Middle School Rated A-
  • Cape Cod Architecture
  • Secluded Lot

About This Home

As of April 2022

This home is located at 1132 Bancroft Ln, Goode, VA 24556 and is currently priced at $720,000, approximately $263 per square foot. This property was built in 1989. 1132 Bancroft Ln is a home located in Bedford County with nearby schools including Otter River Elementary School, Forest Middle School, and Jefferson Forest High School.

Last Agent to Sell the Property

Jonathan McBeth

Cornerstone Realty Group Inc. License #0225257469 Listed on: 04/05/2022

Co-Listed By

Schyler Higgins

Cornerstone Realty Group Inc. License #0225221808

Last Buyer's Agent

Jonathan McBeth

Cornerstone Realty Group Inc. License #0225257469 Listed on: 04/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1989

Lot Details

  • 40.62 Acre Lot
  • Secluded Lot
  • Property is zoned agric

Parking

  • 4 Garage Spaces | 1 Attached and 3 Detached

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2,732 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Game Room
  • Creek or Stream Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood Under Carpet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Pole Barn

Schools

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

Utilities

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

Community Details

  • N And W Rwy Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11304400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,963

Year Built

Built in 1989

Lot Details

0

Listing Details

  • FILLACRES: 40.6200
  • BuildingOnProperty: Pole Building
  • Directions: You must come off 460 on to Goode Rd then approx 5.4 miles to Bancroft on the left. All the way to the back.
  • Lot Measurement: Acres
  • Lot Sq Ft: 1769407.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11304400
  • Year Built: 1989
  • Detached Garage: 3 Car
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Foyer Area: 154.000000
  • Laundryroom Dim: 12.000 x 7.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 12.000 x 13.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 672.000000
  • Master Bedroom Dim: 32.000 x 21.000
  • Masterbedroom Len: 32.000
  • Masterbedroom Wid: 21.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 182.000000
  • Other Room1 Len: 14.000
  • Other Room2 Area: 224.000000
  • Other Room2 Len: 28.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (4 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: N & W RWY PB 56/141
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 130.000000
  • Third Bedroom: 13x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 130.000000
  • Fourth Bedroom: 12x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 2232.00
  • ApplianceConvey: Cooktop, Dishwasher, Microwave, Refrigerator
  • Has Attic: Other
  • Has Basement: Finished, Game Room, Heated, Walkout
  • Flooring: Carpet, Carpet Over Hardwood, Tile
  • Year Built Exception: 0
  • Deck: 14x11 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room, Master Bedroom
  • Foyer: 14x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Interior Amenities: Master Bed w/ Bath
  • Dining Kitchen: 10x29 Level: Level 1 Above Grade
  • Laundry: Basement
  • Laundry Room: 12x7 Level: Below Grade
  • Living Room: 12x13 Level: Level 1 Above Grade
  • Master Bedroom: 32x21 Level: Level 2 Above Grade
  • Other Room 1: 14x13 Level: Below Grade
  • Other Room 2: 28x8 Level:
  • Porch: 43x5 Level: Level 1 Above Grade
  • Additional Room 2 Description: 0ffice
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 290.000000
  • Laundry Room Area: 84.000000
  • LivingRoom Area: 156.000000
  • Est Other Room1 Dim: 14.000 x 13.000
  • Est Other Room2 Dim: 28.000 x 8.000
  • 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: Secluded Lot, Stream/Creek
  • Patio: 48x23 Level: Below Grade

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: Oversized
  • Garage Area: 378.000000
  • Garage Dim: 21.000 x 18.000
  • GarageLen: 21.000
  • GarageWid: 18.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: N And W Rwy

Schools

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

Lot Info

  • Lot Sq Ft: 2732.00
  • Zoning: agric

Tax Info

  • Estimated Taxes: 1963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Wyatt Joshua A
Bought by
Bancroft Estates Llc

Purchase Details

Listed on
May 10, 2017
Closed on
Dec 18, 2017
Sold by
Chamberlain Steven and Chamberlain Julia
Bought by
Mcbeth Paul Michael and Croke Hannah Elizabeth
Seller's Agent
James Towner
John Stewart Walker, Inc
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
List Price
$395,000
Sold Price
$340,000
Premium/Discount to List
-$55,000
-13.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$275,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 10, 2015
Closed on
Nov 4, 2015
Sold by
Culbertson Mary Jo
Bought by
Chamberlain Steven and Chamberlain Julia
Seller's Agent
Krista Hubbard
Century 21 ALL-SERVICE-FOR
Buyer's Agent
Josh Ballengee
Elite Realty
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$238,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Culbertson Mary Jo
Bought by
Hurd Ronnie E
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
Warranty Deed -- Old Republic National Title
Warranty Deed $340,000 Mountain View Stlmnt Svcs
Warranty Deed $330,000 Reliance Title & Stlmnt Llc
Gift Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $647,200 New Conventional
Previous Owner $275,000 Unknown
Previous Owner $238,000 New Conventional
Previous Owner $67,933 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $899,900 -4.3% $329 / Sq Ft
06/23/2025 06/23/25 Price Changed $940,000 -1.1% $344 / Sq Ft
04/30/2025 04/30/25 For Sale $950,000 +31.9% $348 / Sq Ft
04/08/2022 04/08/22 Sold $720,000 0.0% $264 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
04/05/2022 04/05/22 For Sale $720,000 +111.8% $264 / Sq Ft
12/29/2017 12/29/17 Sold $340,000 -13.9% $124 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $395,000 +19.7% $145 / Sq Ft
11/23/2015 11/23/15 Sold $330,000 -2.9% $113 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $339,900 -- $116 / 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
2024 $2,875 $701,300 $322,000 $379,300
2023 $2,875 $350,650 $0 $0
2022 $1,963 $196,300 $0 $0
2021 $1,963 $392,600 $183,500 $209,100
2020 $1,963 $392,600 $183,500 $209,100
2019 $1,963 $392,600 $183,500 $209,100
2018 $2,021 $388,600 $183,500 $205,100
2017 $2,021 $388,600 $183,500 $205,100
2016 $2,021 $388,600 $183,500 $205,100
2015 $2,021 $388,600 $183,500 $205,100
2014 $1,789 $344,000 $181,400 $162,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 337432

APN: 113-A-40A