NOT LISTED FOR SALE

1438 Tumbleweed Ln Bedford, VA 24523

Estimated Value: $648,792 - $893,000

4 Beds
3 Baths
3,068 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 04, 2012

Last sale price $376,000 $123 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,956/month

64 Days on Market

Highlights

  • Barn
  • Waterfront
  • Deck
  • Horses Allowed On Property
  • 80.25 Acre Lot
  • Family Room with Fireplace

About This Home

As of June 2012

Welcome to one of the most beautiful and secluded properties in Bedford County. This 80-acre farm offers several open pastures, beautiful vistas and amazing mountain views. Bordered by Machine Creek and the Little Otter River, the property affords many opportunities to access and enjoy the water. The well-maintained 1903 farmhouse has beautiful hardwood floors.

Last Agent to Sell the Property

Gary Foster

FOSTER, GARY & CO REALTORS License #0225054061 Listed on: 03/15/2012

FOSTER, GARY & CO REALTORS

Last Buyer's Agent

Gary Foster

FOSTER, GARY & CO REALTORS License #0225054061 Listed on: 03/15/2012

FOSTER, GARY & CO REALTORS

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $935

Year Built

  • Built in 1903

Lot Details

  • 80.25 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Gentle Sloping Lot

Home Design

  • Single Family Detached Home
  • Manufactured Home

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • French Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Partial Basement
  • Storm Doors
  • Laundry on main level

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Stream or River on Lot
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Bedford Elementary School
  • Liberty High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$935

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Breakfast Area, Ceiling Fan, Walk-in-Closet
  • Heating System: Forced Air Oil
  • Fireplace(s): Family Room, Other - See Remarks
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Partial Basement
  • Major Appliances: Cook Top, Dishwasher, Refrigerator, Wall Oven
  • Cooling System: Window A/C
  • Outside Features: Balcony, Barn, Covered Porch, Deck
  • AddlCoveredPrkng: Not Applicable
  • EntryAboveGrdFin Sq Ft: 1788.00
  • ExteriorDoors: French, Insulated Storm
  • Fireplace Number Fireplaces: 2
  • LaundryLaundryEntryLevel: 1
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3068
  • TotalBdrm: 4
  • TotalBths: 3.00
  • TotalFBaths: 3
  • Total Finished Sq Ft: 3068.00
  • UncoveredNumberSpaces: 4.00
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1280.00
  • WaterAccOnlyAAccessOnOffSite: On Site
  • WaterAccOnlyB: Other - See Remarks
  • Water Class: Waterfront Property
  • WaterID: River or Other
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 2

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Rear Porch

Utilities

  • Sewer Description: PrivSept-permit unkn
  • Water Description: Private Well

Association/Amenities

  • Misc Features: Horses Permitted, Paved Road, Private Road

Lot Info

  • Lot Description: Gentle Slope, Stream
  • Lot Dimensions: 80.25
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 80.25
  • ZoningCode: A-1

Building Info

  • Year Built: 1903

Tax Info

  • Taxes (6 mo): 935.00

MLS Schools

  • Elementary School: Bedford
  • HighSchool: Liberty High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jun 1, 2012
Sold by
Russell Jesse A and Russell Teresa H
Bought by
Layne Michael W and Layne Daphne G
Seller's Agent
Gary Foster
FOSTER, GARY & CO REALTORS
Buyer's Agent
Gary Foster
FOSTER, GARY & CO REALTORS
List Price
$389,900
Sold Price
$376,000
Premium/Discount to List
-$13,900
-3.57%
Current Estimated Value
$740,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,264
Avg. Annual Appreciation
5.17%
Original Mortgage
$300,800
Outstanding Balance
$209,148
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$531,116
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Layne Michael W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layne Michael W $300,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2012 06/04/12 Sold $376,000 0.0% $123 / Sq Ft
06/04/2012 06/04/12 Sold $376,000 -3.6% $123 / Sq Ft View Prior Sale
06/04/2012 06/04/12 Pending -- -- --
05/18/2012 05/18/12 Pending -- -- --
03/15/2012 03/15/12 For Sale $389,900 0.0% $127 / Sq Ft
02/29/2012 02/29/12 For Sale $389,900 -- $127 / Sq Ft
Source: Roanoke Valley 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 $744 $549,700 $446,300 $103,400
2024 $744 $549,700 $446,300 $103,400
2023 $744 $90,700 $0 $0
2022 $698 $69,800 $0 $0
2021 $698 $139,600 $56,000 $83,600
2020 $698 $139,600 $56,000 $83,600
2019 $698 $139,600 $56,000 $83,600
2018 $821 $157,900 $56,000 $101,900
2017 $821 $157,900 $56,000 $101,900
2016 $821 $157,900 $56,000 $101,900
2015 $821 $157,900 $56,000 $101,900
2014 $972 $187,000 $58,500 $128,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 779774

Roanoke Valley Association of REALTORS®

APN: 167-A-31