NOT LISTED FOR SALE

1200 Founding Way Rd Bedford, VA 24523

Estimated Value: $243,000 - $341,000

3 Beds
2 Baths
1,320 Sq Ft
$237/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $287,900 $218 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,781/month

48 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Vinyl Plank Flooring
  • Forest Middle School Rated A-
  • En-Suite Primary Bedroom
  • Ceiling Fan

About This Home

As of April 2023

Practically new construction with all main level living in the Forest Middle & Jefferson Forest High school district! Only minutes from restaurants, shopping and schools! This home features a large lot that is over an acre and you can enjoy your privacy from the covered side porch. White kitchen features entertaining island, granite & stainless appliances. Kitchen opens to the large great room which is the perfect entertaining space. Master bedroom features ensuite. Home also features two more bedrooms, a second full bathroom and separate laundry room. Vinyl plank throughout kitchen, great room and master. Craftsman style shutters and cedar posts. Call today for more details and to schedule your private showing!

Last Agent to Sell the Property

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641 Listed on: 01/25/2023

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $156

Year Built

  • Built in 2022

Lot Details

  • 1.06 Acre Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 11213800

Home Details

Home Type

Single Family

Est. Annual Taxes

$156

Year Built

Built in 2022

Lot Details

0

Listing Details

  • FILLACRES: 1.0600
  • Directions: 221 to Timber Ridge Rd to Left on Founding Way Rd to home on Left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 46174.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11213800
  • Year Built: 2022
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 9.000 x 6.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 180.000000
  • Master Bedroom Dim: 15.000 x 12.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: LOT 1 PB 61/137
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1320.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Washer
  • Has Attic: Access, Scuttle
  • Has Basement: Slab
  • Breakfast Area: 14x7 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl Plank
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 2
  • Great Room: 18x14 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Tile Bath(s)
  • Dining Kitchen: 14x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 9x6 Level: Level 1 Above Grade
  • Master Bedroom: 15x12 Level: Level 1 Above Grade
  • Porch: 8x6 Level: Level 1 Above Grade
  • GreatRoom Area: 252.000000
  • Livinggreat Room Dim: 18.000 x 14.000
  • Kitchen Area: 168.000000
  • Laundry Room Area: 54.000000
  • 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: 1
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive
  • Patio: 21x6 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1320.00

Tax Info

  • Estimated Taxes: 156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2023
Closed on
Apr 3, 2023
Sold by
St Clair Allie
Bought by
Gentry Terry L and Gentry Diane O
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$324,900
Sold Price
$287,900
Premium/Discount to List
-$37,000
-11.39%
Views
276
Current Estimated Value
$313,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,492
Avg. Annual Appreciation
3.94%

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 31, 2023
Sold by
Haupt Steven M
Bought by
Haupt Melissa D
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$324,900
Sold Price
$287,900
Premium/Discount to List
-$37,000
-11.39%
Views
276

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 20, 2022
Sold by
Efp Properties Llc
Bought by
Sterne And Company Llc
Seller's Agent
Nicholas Falwell
DeWitt Real Estate & Auctions
Buyer's Agent
Christine Avery
Realty ONE Group Leading Edge
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.24%
Original Mortgage
$248,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 16, 2022
Sold by
Sterne And Company Llc
Bought by
Fridley Allie
Seller's Agent
Nicholas Falwell
DeWitt Real Estate & Auctions
Buyer's Agent
Christine Avery
Realty ONE Group Leading Edge
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2021
Sold by
S & S Properties Of Lynchburg Llc
Bought by
Efp Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2018
Sold by
Kennedy Lois K
Bought by
S & S Properties Of Lynchburg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.7%
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
Gentry Terry L $287,900 None Listed On Document
Haupt Melissa D -- None Listed On Document
Sterne And Company Llc -- Seth E Twery Pc
Fridley Allie $310,000 First American Title
Efp Properties Llc $40,000 Old Republic Title
S & S Properties Of Lynchburg Llc $320,000 Absolute Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fridley Allie $248,000
Previous Owner Efp Properties Llc $210,000
Previous Owner S & S Properties Of Lynchburg Llc $256,000
Previous Owner Kennedy Robert C $62,422
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $287,900 -4.0% $218 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $299,900 -3.2% $227 / Sq Ft
02/11/2023 02/11/23 Price Changed $309,900 -4.6% $235 / Sq Ft
01/25/2023 01/25/23 For Sale $324,900 +4.8% $246 / Sq Ft
05/27/2022 05/27/22 Sold $310,000 +3.4% $235 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $299,900 -- $227 / 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 $878 $214,100 $45,000 $169,100
2024 $878 $214,100 $45,000 $169,100
2023 $878 $107,050 $0 $0
2022 $150 $15,000 $0 $0
2021 $150 $30,000 $30,000 $0
2020 $150 $30,000 $30,000 $0
2019 $284 $56,800 $56,800 $0
2018 $10 $2,000 $2,000 $0
2017 $10 $2,000 $2,000 $0
2016 $10 $2,000 $2,000 $0
2015 $10 $2,000 $2,000 $0
2014 $10 $2,000 $2,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342285

APN: 112-3-B