NOT LISTED FOR SALE

1235 Locust Ln Bedford, VA 24523

Estimated Value: $554,000 - $565,414

3 Beds
2 Baths
1,363 Sq Ft
$411/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $340,000 $249 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,099/month

73 Days on Market

Highlights

  • 67.8 Acre Lot
  • Secluded Lot
  • Separate Outdoor Workshop
  • Creek or Stream View
  • Ranch Style House
  • Walk-In Closet

About This Home

As of October 2017

Beautiful and serene setting for this 67 acre farm and home. Enjoy the mountain views every day from your front porch. This farm currently has multiple outbuildings and a separate garage with covered spots for the equipment. It currently has cows on about 20 acres and another 5 acres of hay fields. The rest is wooded and a perfect place to hunt. A stream runs through the property to keep the deer and livestock watered. The house is one level living and has been maintained well. This home and farm is ready for your viewing!

Last Agent to Sell the Property

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 08/04/2017

Last Buyer's Agent

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 08/04/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1996

Lot Details

  • 67.8 Acre Lot
  • Secluded Lot
  • Property is zoned AP

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,363 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 1996

Lot Details

0

Listing Details

  • FILLACRES: 67.8000
  • BuildingOnProperty: Storage Building, Tractor Shed, Workshop
  • Directions: From Forest take 221 to Cifax Rd on Right, to left Old Cifax Rd to right on Otterville Rd to right on Harricane Rd on left on Locust Lane
  • Lot Measurement: Acres
  • Lot Sq Ft: 2953368.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1996
  • Heating System: Forced Warm Air-Oil
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 9.000 x 6.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 17.000 x 14.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • 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: Liberty High
  • Legal Description: Subdivided Tract 5A from Fox Folly Farm
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 13x9 Level: Level 1 Above Grade
  • Third Bedroom Area: 117.000000
  • Above Grade Finished Sq Ft: 1363.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator
  • Has Attic: Pull Down
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Formal Dining: 8x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath, Walk-In Closet(s)
  • Dining Kitchen: 9x13 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 9x6 Level: Level 1 Above Grade
  • Living Room: 17x14 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 1 Above Grade
  • Porch: 6x24 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 117.000000
  • Laundry Room Area: 54.000000
  • LivingRoom Area: 238.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Secluded Lot, Stream/Creek, Mountain Views
  • Patio: 12x8 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • 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: Big Island Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 1363.00
  • Zoning: AP

Tax Info

  • Estimated Taxes: 2800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2017
Closed on
Oct 20, 2017
Sold by
Nelson Mary D and Cocke William E
Bought by
Moser Lucas A
Seller's Agent
Jimmy Miller
John Stewart Walker, Inc
Buyer's Agent
Jimmy Miller
John Stewart Walker, Inc
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$559,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,707
Avg. Annual Appreciation
5.92%
Original Mortgage
$289,000
Interest Rate
3.78%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Moser Lucas A $340,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moser Lucas A $282,388
Closed Moser Lucas A $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $340,000 -2.8% $249 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $349,900 -- $257 / 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 $875 $405,100 $255,000 $150,100
2024 $875 $405,100 $255,000 $150,100
2023 $875 $106,750 $0 $0
2022 $751 $75,100 $0 $0
2021 $756 $151,100 $54,300 $96,800
2020 $756 $151,100 $54,300 $96,800
2019 $756 $151,100 $54,300 $96,800
2018 $913 $175,600 $70,300 $105,300
2017 $913 $175,600 $70,300 $105,300
2016 $913 $175,600 $70,300 $105,300
2015 $913 $175,600 $70,300 $105,300
2014 $961 $184,800 $75,300 $109,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jimmy Miller

    John Stewart Walker, Inc

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 306910

APN: 58-2-1D

Virginia Bedford County Bedford 24523

1235 Locust Ln, Bedford, VA

This home is located at 1235 Locust Ln, Bedford, VA 24523 since 04 August 2017 and is currently estimated at $559,707, approximately $410 per square foot. This property was built in 1996. 1235 Locust Ln is a home located in Bedford County with nearby schools including Big Island Elementary School, Liberty Middle School, and Liberty High School.

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