$240,000
SOLD OCT 11, 2024

1134 Rice Ln Big Island, VA 24526

3 Beds
1.5 Baths
1,801 Sq Ft
1.38 Acres

Recently Sold

$133 Per Sq Ft

8% Below List Price

43 Days on Market

Highlights

  • 1.38 Acre Lot
  • Wood Burning Stove
  • Outdoor Storage
  • Big Island Elementary School Rated 9+
  • Multiple Fireplaces
  • Landscaped

About This Home

As of October 2024

Charming, well maintained, one level, brick home on a double lot with 1.38 acres situated near the Blue Ridge Parkway and James River. Natural light beams in through the replacement windows, a large living room with a gas fireplace invite you inside. Under the freshly cleaned carpets you'll find hardwood floors throughout. Two additional bedrooms and plenty of closets throughout the home provide storages and functionality. A one car garage and a full basement including a family room with a massive wood stove. The house has a Generac whole home generator less than 5 years old, recently serviced along with the HVAC. Brand new hot water heater in 2024. A patio and a flat yard for all of your outdoor needs and entertaining. The street is quiet and there is no through traffic on this little lane.

Last Agent to Sell the Property

Samantha Booker

Magnolia Mountain Realty License #0225262079 Listed on: 08/07/2024

Last Buyer's Agent

Thomas Chambers

Elite Realty License #0225267028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $487

Year Built

  • Built in 1962

Lot Details

  • 1.38 Acre Lot
  • Landscaped
  • Property is zoned AP

Home Design

  • Shingle Roof

Interior Spaces

  • 1,801 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Stove
  • Screen For Fireplace
  • Gas Log Fireplace
  • Drapes & Rods
  • Attic Access Panel

Kitchen

  • Built-In Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 17A2142

Home Details

Home Type

Single Family

Est. Annual Taxes

$487

Year Built

Built in 1962

Lot Details

0

Listing Details

  • BuildingOnProperty: Storage Building
  • Directions: Take 501 (Lee Jackson Highway) to Rice Lane, house is on your left.
  • Internet Providers: Infinisky
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1962
  • Garage Yn: Yes
  • Foyer Area: 43.583100
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1151.00
  • 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: 2.00
  • Bathrooms Display: 2 (1 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Full, Walkout
  • Breakfast Area: 7.75x7.75 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl
  • Family Room: 26.11x24.90 Level: Below Grade
  • Foyer: 8.43x5.17 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drapes, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Rods
  • Dining Kitchen: 10.75x7.75 Level:
  • Laundry: Basement
  • Living Room: 17.29x13.31 Level: Level 1 Above Grade
  • Master Bedroom: 11.34x13.06 Level: Level 1 Above Grade
  • Other Room 1: 11.70x13.10 Level: Below Grade
  • Additional Room 1 Description: Room with Window
  • Appliances: Dryer, Range-Elec, Refrigerator, Wall Oven, Washer
  • Half Bathrooms: 1
  • Fireplace: 2 Fireplaces, Gas Log, Screen
  • Stories: One
  • Third Bedroom: 11.01x10.86 Level: Level 1 Above Grade
  • Second Bedroom: 11.05x7.71 Level: Level 1 Above Grade
  • Room Family Room Area: 650.139000
  • Room Bedroom3 Area: 119.568600
  • Room Master Bedroom Area: 148.100400
  • Room Kitchen Area: 83.312500
  • Room Living Room Area: 230.129900
  • Room Bedroom2 Area: 85.195500
  • MasterBedroomDimensions Dim: 11.340 x 13.060
  • Kitchen Dim: 10.750 x 7.750
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 13.060

Exterior Features

  • Lot Number: 2-3
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Patio, Whole House Generator, Paved Drive, Landscaped, Insulated Glass

Garage/Parking

  • Garage Area: 228.920000
  • Garage Dim: 11.800 x 19.400
  • GarageLen: 11.800
  • GarageWid: 19.400
  • General Property Description:_pound_ Attached Garage Spaces: 1 Car
  • Garage Description: Garage Door Opener

Utilities

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

Schools

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

Lot Info

  • Zoning: AP
  • Acres: 1.3800
  • Lot Size Sq Ft: 60113.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 17A2142
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Estimated Taxes: 487

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 8, 2024
Sold by
Reynolds Lois M and Wandrei Steven C
Bought by
Carter Harold
Seller's Agent
Samantha Booker
Magnolia Mountain Realty
Buyer's Agent
Thomas Chambers
Elite Realty
List Price
$260,000
Sold Price
$240,000
Premium/Discount to List
-$20,000
-7.69%
Views
27
Current Estimated Value
$238,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,999
Avg. Annual Appreciation
-1.64%
Original Mortgage
$216,000
Outstanding Balance
$214,778
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$21,760
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 $240,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $240,000 0.0% $133 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $240,000 -7.7% $133 / Sq Ft
09/12/2024 09/12/24 For Sale $260,000 0.0% $144 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $260,000 -- $144 / 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 $760 $185,400 $28,000 $157,400
2024 $760 $185,400 $28,000 $157,400
2023 $760 $92,700 $0 $0
2022 $657 $65,700 $0 $0
2021 $657 $131,400 $25,000 $106,400
2020 $657 $131,400 $25,000 $106,400
2019 $657 $131,400 $25,000 $106,400
2018 $658 $126,500 $25,000 $101,500
2017 $658 $126,500 $25,000 $101,500
2016 $658 $126,500 $25,000 $101,500
2015 $658 $126,500 $25,000 $101,500
2014 $653 $125,600 $20,000 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 353940

APN: 17A214-2