NOT LISTED FOR SALE

1222 Founding Way Rd Bedford, VA 24523

Estimated Value: $284,000 - $388,000

3 Beds
2 Baths
1,277 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $339,900 $266 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,021/month

18 Days on Market

Highlights

  • Ranch Style House
  • Walk-In Closet
  • En-Suite Primary Bedroom
  • Forest Middle School Rated A-
  • Laundry closet
  • Vinyl Plank Flooring

About This Home

As of June 2022

New Construction in Bedford County on over an Acre. Don't miss this opportunity to live in a brand new, 3 bedroom home! Main Level Master with private En-Suite and His and Hers Walk-In Closets! Complete with a garage and an unfinished basement for future living space! Call today! Estimated Completion: July 2022

Last Agent to Sell the Property

Nicholas Falwell

DeWitt Real Estate & Auctions License #0225249841 Listed on: 04/13/2022

Last Buyer's Agent

Carol Patterson

Century 21 ALL-SERVICE-BED License #0225213039

Century 21 ALL-SERVICE-BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 2022

Lot Details

  • 1.75 Acre Lot

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,277 Sq Ft Home
  • Vinyl Plank Flooring
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Driveway

Schools

  • Bedford 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 1123B2

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 2022

Lot Details

0

Listing Details

  • FILLACRES: 1.7500
  • Directions: Forest Road. Left on Timber Ridge Rd. Left on Founding Way Road. House on left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 76230.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 1123B2
  • Year Built: 2022
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 169.000000
  • Master Bedroom Dim: 13.000 x 13.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 13.000
  • 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 2 PB 61/137
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 10x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1277.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Full, Garage, Roughed in Bath
  • Flooring: Vinyl Plank
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Main Level Bedroom, Master Bed w/ Bath, Tile Bath(s), Walk-In Closet(s)
  • Laundry: Dryer Connection, Laundry Closet, Washer Connections
  • Master Bedroom: 13x13 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Other

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: In Basement
  • 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: Bedford Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 1277.00

Tax Info

  • Estimated Taxes: 1300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 21, 2022
Sold by
Sterne & Company Llc
Bought by
Burns Francis James and Burns Mary Elizabeth
Seller's Agent
Nicholas Falwell
DeWitt Real Estate & Auctions
Buyer's Agent
Carol Patterson
Century 21 ALL-SERVICE-BED
List Price
$339,900
Sold Price
$339,900
Current Estimated Value
$355,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,320
Avg. Annual Appreciation
1.92%
Original Mortgage
$271,953
Outstanding Balance
$259,561
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$101,575

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
$217,500
Interest Rate
3.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Burns Francis James $339,900 None Listed On Document
Sterne & Company Llc -- Old Republic National Title
Efp Properties Llc $40,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Francis James $271,953
Previous Owner Efp Properties Llc $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $339,900 0.0% $266 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $339,900 -- $266 / 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 $1,032 $251,600 $54,900 $196,700
2024 $1,032 $251,600 $54,900 $196,700
2023 $1,032 $125,800 $0 $0
2022 $175 $17,450 $0 $0
2021 $175 $34,900 $34,900 $0
2020 $175 $34,900 $34,900 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nicholas Falwell

    DeWitt Real Estate & Auctions

    (434) 851-5696

    31 Total Sales

    Nicholas Falwell
    Section Image

  • C

    Buyer's Agent in 2022

    Carol Patterson

    Century 21 ALL-SERVICE-BED

    (540) 875-8279

    65 Total Sales

    Carol Patterson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 337637

APN: 112-3-B2

Virginia Bedford County Bedford 24523

1222 Founding Way Rd, Bedford, VA

This home is located at 1222 Founding Way Rd, Bedford, VA 24523 since 13 April 2022 and is currently estimated at $355,220, approximately $278 per square foot. This property was built in 2022. 1222 Founding Way Rd is a home located in Bedford County with nearby schools including Otter River Elementary School, Forest Middle School, and Jefferson Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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