NOT LISTED FOR SALE

1274 Redwing Ln Bedford, VA 24523

Estimated Value: $357,000 - $521,870

3 Beds
1.5 Baths
1,696 Sq Ft
$250/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $185,000 $109 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,441/month

15 Days on Market

Highlights

  • 28.5 Acre Lot
  • Wood Flooring
  • Electric Baseboard Heater
  • Forest Middle School Rated A-
  • 1-Story Property

About This Home

As of January 2017

Breath taking mountain views on this 28.5 acre mini farm with a 3BDRM 1.5 Bath house and small out building. If you are into 4 wheeling or hunting or just want to go for a walk this is the place for you can call home! Lots of TLC has been put into this home with hardwood floors and lots of room for the kids to play. House could be expanded or a perfect place to build your dream home...come see it today. Close to shopping in Bedford and just a short drive to Forest.

Last Agent to Sell the Property

Dexter Rakes

MKB, REALTORS at the Lake License #0225201594 Listed on: 11/16/2016

Last Buyer's Agent

Will Easter

Mark A. Dalton & Co., Inc. License #0225078133

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $700

Year Built

  • Built in 1954

Lot Details

  • 28.5 Acre Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 112A73

Home Details

Home Type

Single Family

Est. Annual Taxes

$700

Year Built

Built in 1954

Lot Details

0

Listing Details

  • FILLACRES: 28.5000
  • Directions: 122 to Bedford: Take 460 East towards Lynchburg and turn L onto Timber Ridge Rd and take 221(Forest Rd), turn R and then L on Pawnee which runs right into Redwing.
  • Lot Measurement: Acres
  • Lot Sq Ft: 1241460.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 112A73
  • Year Built: 1954
  • Heating System: Electric Baseboard, Heat Pump
  • Building Stories: One
  • Dwelling Styles: Other, See Remarks
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 10.000 x 10.000
  • Livingroom Len: 10.000
  • Livingroom Wid: 10.000
  • Masterbedroom Area: 150.000000
  • Master Bedroom Dim: 10.000 x 15.000
  • Masterbedroom Len: 10.000
  • Masterbedroom Wid: 15.000
  • 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)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: BIG OTTER
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 1696.00
  • ApplianceConvey: Other
  • Has Attic: Other
  • Has Basement: Other
  • Flooring: Wood
  • Year Built Exception: 0
  • Formal Dining: 10x16 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Dining Kitchen: 12x14 Level: Level 1 Above Grade
  • Laundry: None
  • Living Room: 10x10 Level: Level 1 Above Grade
  • Master Bedroom: 10x15 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • LivingRoom Area: 100.000000
  • 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: Other

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: 1696.00
  • Zoning: RES

Tax Info

  • Estimated Taxes: 700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2022
Sold by
Newton Matthew W
Bought by
Newton Matthew W and Newton Abigail J
Current Estimated Value
$423,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,858
Interest Rate
5.55%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 8, 2022
Sold by
Newton Matthew W
Bought by
Newton Matthew W and Newton Abigail J

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 16, 2016
Sold by
Hoback Giles C
Bought by
Newton Matthew W and Newton Abigail J
Seller's Agent
Dexter Rakes
MKB, REALTORS at the Lake
Buyer's Agent
Will Easter
Mark A. Dalton & Co., Inc.
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$175,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Croft Fred W and First National Bank Of Altavis
Bought by
First Properties Inc

Purchase Details

Closed on
Apr 27, 2006
Sold by
Tate Edith Forbes
Bought by
Croft Fred W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.4%
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
Newton Matthew W -- Old Republic National Title
Newton Abigail J -- Old Republic National Title
Newton Matthew W -- Old Republic National Title
Newton Matthew W -- Old Republic National Title
Newton Matthew W $185,000 Attorney
First Properties Inc $140,000 None Available
Croft Fred W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newton Abigail J $388,000
Closed Newton Abigail J $401,858
Previous Owner Newton Abigail J $206,000
Previous Owner Newton Matthew W $202,850
Previous Owner Newton Matthew W $175,750
Previous Owner Hoback Giles C $124,000
Previous Owner Croft Fred W $195,000
Previous Owner Croft Fred W $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2017 01/05/17 Sold $185,000 0.0% $109 / Sq Ft
01/05/2017 01/05/17 Sold $185,000 -2.6% $109 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
12/01/2016 12/01/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $190,000 0.0% $112 / Sq Ft
11/16/2016 11/16/16 For Sale $190,000 +36.7% $112 / Sq Ft
11/23/2012 11/23/12 Sold $139,000 -7.3% $82 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $149,900 -- $88 / 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 $1,648 $401,900 $64,700 $337,200
2024 $1,648 $401,900 $64,700 $337,200
2023 $327 $39,850 $0 $0
2022 $187 $18,650 $0 $0
2021 $581 $116,200 $52,300 $63,900
2020 $581 $116,200 $52,300 $63,900
2019 $581 $116,200 $52,300 $63,900
2018 $803 $154,500 $55,800 $98,700
2017 $726 $139,700 $41,000 $98,700
2016 $726 $139,700 $41,000 $98,700
2015 $726 $139,700 $41,000 $98,700
2014 $632 $121,500 $41,000 $80,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 302279

APN: 112-A-73