NOT LISTED FOR SALE

1324 Founding Way Rd Bedford, VA 24523

Estimated Value: $375,000 - $433,000

3 Beds
3 Baths
2,768 Sq Ft
$143/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $335,000 $121 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,253/month

Highlights

  • Multiple Fireplaces
  • Ranch Style House
  • Workshop
  • Forest Middle School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of January 2022

Completely renovated home in the heart of Goode sitting on almost 2 acres. Privacy with farm land all around; what a great place to raise a family.

Last Agent to Sell the Property

Schyler Higgins

Cornerstone Realty Group Inc. License #0225221808 Listed on: 12/01/2021

Last Buyer's Agent

Schyler Higgins

Cornerstone Realty Group Inc. License #0225221808 Listed on: 12/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1971

Lot Details

  • 1.94 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,768 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Formal Dining Room
  • Utility Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Workshop
  • Laundry in Basement

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Community Details

  • Nr Lowry Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11213900

Home Details

Home Type

Single Family

Est. Annual Taxes

$884

Year Built

Built in 1971

Lot Details

0

Listing Details

  • FILLACRES: 1.9400
  • BuildingOnProperty: Storage Building
  • Directions: 221 to Timber Ridge Road to L on Founding Way Road to home on L.
  • Internet Providers: Infinisky
  • Lot Measurement: Acres
  • Lot Sq Ft: 84506.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11213900
  • Year Built: 1971
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 8.000 x 10.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 13.000 x 15.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 120.000000
  • Other Room1 Len: 10.000
  • Other Room2 Area: 128.000000
  • Other Room2 Len: 16.000
  • Other Room3 Area: 168.000000
  • Other Room3 Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: LOT 4 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: 12x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 144.000000
  • Fourth Bedroom: 12x14 Level: Below Grade
  • Fourth Bedroom Area: 168.000000
  • Above Grade Finished Sq Ft: 1496.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Pull Down
  • Has Basement: Apartment, Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout, Workshop
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Family Room: 24x28 Level: Below Grade
  • Fireplace: 2 Fireplaces
  • Level 1 Full Bathrooms: 2
  • Great Room: 23x16 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Main Level Den, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 23x16 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Laundry Room: 8x10 Level: Below Grade
  • Master Bedroom: 13x15 Level: Level 1 Above Grade
  • Office: 0x0 Level: Below Grade
  • Other Room 1: 10x12 Level: Below Grade
  • Other Room 2: 16x8 Level: Below Grade
  • Other Room 3: 12x14 Level: Below Grade
  • Additional Room 1 Description: Kitchen-2
  • Additional Room 2 Description: Furnace/Storage Area
  • Additional Room 3 Description: Utility Room
  • FamilyRoom Area: 672.000000
  • GreatRoom Area: 368.000000
  • Livinggreat Room Dim: 23.000 x 16.000
  • Kitchen Area: 368.000000
  • Laundry Room Area: 80.000000
  • Est Other Room1 Dim: 10.000 x 12.000
  • Est Other Room2 Dim: 16.000 x 8.000
  • Est Other Room3 Dim: 12.000 x 14.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 4
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped

Garage/Parking

  • Carport: 25x13 Level: Level 1 Above Grade
  • 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
  • Subdivision Complex: Nr Lowry

Schools

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

Lot Info

  • Lot Sq Ft: 2768.00

Tax Info

  • Estimated Taxes: 884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 28, 2022
Sold by
Overstreet Charlie T and Overstreet Emily P
Bought by
Mcdonald William Tyler and Mcdonald Sarahann Marie
Seller's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%
Current Estimated Value
$396,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,652
Avg. Annual Appreciation
4.86%
Original Mortgage
$284,750
Outstanding Balance
$263,863
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$132,789

Purchase Details

Listed on
Jan 8, 2020
Closed on
Dec 22, 2020
Sold by
Taylor Robert Edward
Bought by
S & S Properties Of Lynchburg Llc
Seller's Agent
Michael Misjuns
CENTURY 21 ALL-SERVICE
Buyer's Agent
Michael Misjuns
CENTURY 21 ALL-SERVICE
List Price
$299,900
Sold Price
$210,000
Premium/Discount to List
-$89,900
-29.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.31%

Purchase Details

Closed on
Jun 4, 2019
Sold by
S & S Properties Of Lynchburg Llc
Bought by
Taylor Robert Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.2%
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
Mcdonald William Tyler $335,000 Old Republic National Title
S & S Properties Of Lynchburg Llc $60,000 Advantage Title & Closing
Taylor Robert Edward $50,000 Absolute Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald William Tyler $284,750
Previous Owner Taylor Robert Edward $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $335,000 -4.3% $121 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $349,900 +66.6% $126 / Sq Ft
12/18/2020 12/18/20 Sold $210,000 0.0% $76 / Sq Ft
08/10/2020 08/10/20 Sold $210,000 -30.0% $76 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/14/2020 01/14/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $299,900 0.0% $108 / Sq Ft
09/13/2019 09/13/19 For Sale $299,900 -- $108 / 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 $1,106 $269,800 $51,100 $218,700
2024 $1,106 $269,800 $51,100 $218,700
2023 $1,106 $134,900 $0 $0
2022 $884 $88,350 $0 $0
2021 $884 $176,700 $41,100 $135,600
2020 $884 $176,700 $41,100 $135,600
2019 $1,317 $263,400 $127,800 $135,600
2018 $901 $173,300 $39,700 $133,600
2017 $901 $173,300 $39,700 $133,600
2016 $901 $173,300 $39,700 $133,600
2015 $901 $173,300 $39,700 $133,600
2014 $869 $167,100 $39,700 $127,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Schyler Higgins

    Cornerstone Realty Group Inc.

    Section Image
  • Michael Misjuns

    Seller's Agent in 2020

    Michael Misjuns

    CENTURY 21 ALL-SERVICE

    (434) 509-5529

    197 Total Sales

    Michael Misjuns
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335272

APN: 112-3-C

Virginia Bedford County Bedford 24523

1324 Founding Way Rd, Bedford, VA

This home is located at 1324 Founding Way Rd, Bedford, VA 24523 since 01 December 2021 and is currently estimated at $396,652, approximately $143 per square foot. This property was built in 1971. 1324 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.

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