NOT LISTED FOR SALE

1248 Founding Way Rd Bedford, VA 24523

Estimated Value: $291,000 - $419,000

3 Beds
2 Baths
1,592 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $309,900 $195 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,131/month

43 Days on Market

Highlights

  • Ranch Style House
  • Great Room
  • Walk-In Closet
  • Forest Middle School Rated A-
  • Oversized Parking
  • Laundry Room

About This Home

As of May 2022

One level living on 2 acres in Jefferson Forest school district. Features include 3 bedrooms, 2 baths, spacious great room, custom kitchen with white shaker cabinets, granite counters & stainless appliances, master bedroom with tray ceiling & ensuite full bath, 9 foot ceilings, separate laundry room, and an attached 2 car garage. The exterior of the home offers a brick and vinyl exterior, level yard and mature trees. Don't miss the opportunity to own this wonderful home. Call today to schedule your private showing.

Last Agent to Sell the Property

Michael Misjuns

Century 21 ALL-SERVICE License #0225096832 Listed on: 11/29/2021

Century 21 ALL-SERVICE

Last Buyer's Agent

John Tatulli

Mark A. Dalton & Co., Inc. License #0225176088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 2.03 Acre Lot
  • Garden

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,592 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

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 90512898

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,620

Year Built

Built in 2021 | Under Construction

Lot Details

0

Listing Details

  • FILLACRES: 2.0300
  • Directions: Timber Ridge Road to Founding Way Road to home on L.
  • Lot Measurement: Acres
  • Lot Sq Ft: 88427.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90512898
  • Year Built: 2021
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Estimated Completion: 2022-01-31
  • Foyer Area: 35.000000
  • Laundryroom Dim: 8.000 x 5.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 192.000000
  • Master Bedroom Dim: 16.000 x 12.000
  • Masterbedroom Len: 16.000
  • 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 3 PB 61/137
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 13x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 130.000000
  • Above Grade Finished Sq Ft: 1592.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Slab
  • Breakfast Area: 10x6 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Formal Dining: 13x9 Level: Level 1 Above Grade
  • Foyer: 7x5 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 16x15 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 8x5 Level: Level 1 Above Grade
  • Master Bedroom: 16x12 Level: Level 1 Above Grade
  • GreatRoom Area: 240.000000
  • Livinggreat Room Dim: 16.000 x 15.000
  • Kitchen Area: 156.000000
  • Laundry Room Area: 40.000000
  • 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: 3
  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Garden Space, Insulated Glass

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 380.000000
  • Garage Dim: 20.000 x 19.000
  • GarageLen: 20.000
  • GarageWid: 19.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • 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: 1592.00

Tax Info

  • Estimated Taxes: 1620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Apr 26, 2022
Sold by
Sterne & Company Llc
Bought by
Rice Richard and Rice Susan L
Seller's Agent
Michael Misjuns
Century 21 ALL-SERVICE
Buyer's Agent
John Tatulli
Mark A. Dalton & Co., Inc.
List Price
$309,900
Sold Price
$309,900
Current Estimated Value
$373,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,340
Avg. Annual Appreciation
6.86%

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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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
Rice Richard $309,900 Fidelity National Title
Sterne & Company Llc $40,000 Blue Ridge Title
Efp Properties Llc $40,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Efp Properties Llc $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $309,900 0.0% $195 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
11/29/2021 11/29/21 For Sale $309,900 -- $195 / 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 $1,162 $283,300 $56,700 $226,600
2024 $1,162 $283,300 $56,700 $226,600
2023 $1,162 $141,650 $0 $0
2022 $184 $18,350 $0 $0
2021 $184 $36,700 $36,700 $0
2020 $184 $36,700 $36,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Misjuns

    Seller's Agent in 2022

    Michael Misjuns

    Century 21 ALL-SERVICE

    (434) 509-5529

    198 Total Sales

    Michael Misjuns
    Section Image
  • John Tatulli

    Buyer's Agent in 2022

    John Tatulli

    Mark A. Dalton & Co., Inc.

    (434) 258-3737

    84 Total Sales

    John Tatulli
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335411

APN: 112-3-B3

Virginia Bedford County Bedford 24523

1248 Founding Way Rd, Bedford, VA

This home is located at 1248 Founding Way Rd, Bedford, VA 24523 since 29 November 2021 and is currently estimated at $373,240, approximately $234 per square foot. This property was built in 2021. 1248 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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