NOT LISTED FOR SALE

1509 Tolley Meadow Rd Big Island, VA 24526

Estimated Value: $725,000 - $791,338

4 Beds
2.5 Baths
2,822 Sq Ft
$269/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $410,000 $145 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,269/month

876 Days on Market

Highlights

  • 30.76 Acre Lot
  • Creek or Stream View
  • Secluded Lot
  • Big Island Elementary School Rated 9+
  • Community Lake
  • Den with Fireplace

About This Home

As of February 2013

Wow ...what a property!!!.....Huge price reduction!...unbelievable 30+ acres with drop dead mountain views,not to mention a custom built 2800+ finished sg foot home. This loved and well maintained property is located next to Sedalia and offers the following: home built by Steve Arrington, 30+ acres, custom Cyprus wood workshop and storage area, extensive landscaping, breathtaking views, privacy, access and use of large stocked lake, and the list goes on and on. Click on Virtual Media for more pictures and the tour. This is a special opportunity so call today with any questions or for your private tour.Call listing agent for plat, covenants and restrictions and for further write ups. There is also the potential for a 10-15 acre building site with great views and amenities. House and land are priced well below current Bedford Ct tax assessment of $517,000.

Last Agent to Sell the Property

Wilbur Burger

RE/MAX 1st Olympic License #0225-055914 Listed on: 09/10/2010

RE/MAX 1st Olympic

Last Buyer's Agent

Steve Burkett

The Real Estate Advantage License #0225057972

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1994

Lot Details

  • 30.76 Acre Lot
  • Landscaped
  • Secluded Lot
  • Garden
  • Property is zoned AP

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Composition Roof

Interior Spaces

  • 2,822 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Formal Dining Room
  • Den with Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Storage In Attic
  • Attic Access Panel

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Separate Outdoor Workshop

Schools

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

Utilities

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

Community Details

  • Association fees include lake/pond, road maintenance
  • Tolley Meadow Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 25ABC

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Year Built

Built in 1994

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • FILLACRES: 30.7600
  • AssocFeeOptional: Required
  • BuildingOnProperty: Workshop
  • Directions: 122 N from Bedford, 122 S from Lynchburg-near Sedelia-see sign on 122, then sign on Tolley Meadow Drive
  • Lot Measurement: Acres
  • Lot Sq Ft: 1339906.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 25ABC
  • Year Built: 1994
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 15.000
  • Officeden Wid: 15.000
  • Foyer Area: 84.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 234.000000
  • Master Bedroom Dim: 13.000 x 18.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 18.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 8.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: Tolley Meadow Lot #2
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 17x17 Level: Level 2 Above Grade
  • Third Bedroom Area: 289.000000
  • Fourth Bedroom: 10x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 2822.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access, Storage Only
  • Has Basement: Crawl Space
  • Breakfast Area: 10x8 Level: Level 1 Above Grade
  • Flooring: Hardwood, Tile, Vinyl
  • Year Built Exception: 0
  • Deck: 10x23 Level:
  • Den: 15x15 Level: Level 1 Above Grade
  • Fireplace: Den, Gas Log
  • Formal Dining: 12x14 Level: Level 1 Above Grade
  • Foyer: 12x7 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drapes, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 16x11 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Master Bedroom: 13x18 Level: Level 2 Above Grade
  • Sun Room: 8x17 Level: Level 1 Above Grade
  • Den Area: 225.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 176.000000
  • 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
  • Sun Room Area: 136.000000
  • Sunroom Dim: 8.000 x 17.000

Exterior Features

  • Roof: Cement Composite
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Secluded Lot, Insulated Glass, Stream/Creek, Mountain Views, Lake Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 440.000000
  • Garage Dim: 20.000 x 22.000
  • GarageLen: 20.000
  • GarageWid: 22.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Lake/Pond, Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 300.00
  • Subdivision Complex: Tolley Meadow

Schools

  • School District: Bedford
  • Elementary School #2: Big Island Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2822.00
  • Zoning: AP

Tax Info

  • Estimated Taxes: 2600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2010
Closed on
Feb 7, 2013
Sold by
Durham John I and Durham Betty B
Bought by
Snyder Matthew L and Snyder Tetyana N
Seller's Agent
Wilbur Burger
RE/MAX 1st Olympic
Buyer's Agent
Steve Burkett
The Real Estate Advantage
List Price
$500,000
Sold Price
$410,000
Premium/Discount to List
-$90,000
-18%
Current Estimated Value
$758,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,169
Avg. Annual Appreciation
5.64%
Original Mortgage
$328,000
Outstanding Balance
$233,090
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$583,548
Source: Public Records

Range of Values:

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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
Snyder Matthew L $410,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder Matthew L $150,000
Closed Snyder Matthew L $100,000
Open Snyder Matthew L $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $410,000 -18.0% $145 / Sq Ft
02/02/2013 02/02/13 Pending -- -- --
09/10/2010 09/10/10 For Sale $500,000 -- $177 / 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 $1,457 $524,100 $223,600 $300,500
2024 $1,457 $524,100 $223,600 $300,500
2023 $1,457 $177,700 $0 $0
2022 $1,364 $136,400 $0 $0
2021 $1,364 $272,800 $49,900 $222,900
2020 $1,364 $272,800 $49,900 $222,900
2019 $1,364 $272,800 $49,900 $222,900
2018 $1,349 $259,500 $49,900 $209,600
2017 $1,349 $259,500 $49,900 $209,600
2016 $1,349 $259,500 $49,900 $209,600
2015 $1,349 $259,500 $49,900 $209,600
2014 $1,501 $288,600 $59,900 $228,700
Source: Public Records

Agents Affiliated with this Home

  • Wilbur Burger

    Seller's Agent in 2013

    Wilbur Burger

    RE/MAX

    (434) 665-9999

    22 Total Sales

    Wilbur Burger
    Section Image

  • S

    Buyer's Agent in 2013

    Steve Burkett

    The Real Estate Advantage

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 262268

APN: 25-A-8C

Virginia Bedford County Big Island 24526

1509 Tolley Meadow Rd, Big Island, VA

This home is located at 1509 Tolley Meadow Rd, Big Island, VA 24526 since 10 September 2010 and is currently estimated at $758,169, approximately $268 per square foot. This property was built in 1994. 1509 Tolley Meadow Rd 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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