NOT LISTED FOR SALE

1643 Mt Olivet Rd Bedford, VA 24523

Estimated Value: $672,000 - $833,000

3 Beds
3.5 Baths
4,020 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $610,000 $152 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,096/month

7 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Screened Porch
  • Secluded Lot
  • Wood Flooring
  • Home Office

About This Home

As of May 2023

Welcome to country living at it's best. This home has gorgeous mountain views and surrounded by farm land. Wonderful layout. Deck with mountain views has extendable awning for comfort on sunny days. Screened porch off master bedroom. Main level living. Great entertaining on the terrace level. Tiki bar. Exercise room. Two additional finished rooms that could be used as offices or play room. Kitchen with center island. Shop with living quarters, a lift and a bay for camper. Tons of storage space. Outside hook up for generator. Updates include HVAC, paint, flooring and bathroom updates. This one is a must see.

Last Agent to Sell the Property

Carol Patterson

Century 21 ALL-SERVICE-BED License #0225213039 Listed on: 04/18/2023

Century 21 ALL-SERVICE-BED

Last Buyer's Agent

Tammy Rickman

Rickman Realty LLC License #0225017446

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 2002

Lot Details

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

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 4,020 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Mountain Views
  • Scuttle Attic Hole

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

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

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • Bedford Elementary School
  • Liberty Midl Middle School
  • Liberty High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 163A59

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,500

Year Built

Built in 2002

Lot Details

0

Listing Details

  • FILLACRES: 15.3200
  • BuildingOnProperty: Workshop
  • Directions: Burks Hill Road to Right on Dickerson Mill Road to Left on Mt. Olivet. Home on Right.
  • Internet Providers: Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 667339.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 163A59
  • Year Built: 2002
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 5.000 x 7.000
  • Laundryroom Len: 5.000
  • Living Room Dim: 20.000 x 16.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 192.000000
  • Master Bedroom Dim: 16.000 x 12.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 11.000 x 12.000
  • Other Room1 Area: 231.000000
  • Other Room1 Len: 21.000
  • Other Room2 Area: 132.000000
  • Other Room2 Len: 11.000
  • Sun Room Len: 17.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: NR CALVARY PB 42/397
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 15x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 165.000000
  • Third Bedroom: 15x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 180.000000
  • Above Grade Finished Sq Ft: 2040.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Gas, Refrigerator, Washer
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Formal Dining: 18x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room
  • Dining Kitchen: 12x14 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level, Separate Laundry Rm.
  • Laundry Room: 5x7 Level: Level 1 Above Grade
  • Living Room: 20x16 Level: Level 1 Above Grade
  • Master Bedroom: 16x12 Level: Level 1 Above Grade
  • Office: 11x12 Level: Below Grade
  • Other Room 1: 21x11 Level: Below Grade
  • Other Room 2: 11x12 Level: Below Grade
  • Rec Room: 44x23 Level: Below Grade
  • Additional Room 1 Description: Exercise Room
  • Additional Room 2 Description: Office
  • Screened Porch: 20x10 Level: Level 1 Above Grade
  • Sun Room: 17x19 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • Laundry Room Area: 35.000000
  • LivingRoom Area: 320.000000
  • Office Area: 132.000000
  • Est Other Room1 Dim: 21.000 x 11.000
  • Est Other Room2 Dim: 11.000 x 12.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 1012.000000
  • Rec Room Dim: 44.000 x 23.000
  • Sun Room Area: 323.000000
  • Sunroom Dim: 17.000 x 19.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Screened Porch, Secluded Lot, Mountain Views

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 621.000000
  • Garage Dim: 23.000 x 27.000
  • GarageLen: 23.000
  • GarageWid: 27.000

Utilities

  • Utility Electric: Town of Bedford
  • 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: Bedford Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 4020.00
  • Zoning: AP

Tax Info

  • Estimated Taxes: 3500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 26, 2023
Sold by
Cumby Gary W
Bought by
Hubbard Mark R and Hubbard Cathy A
Seller's Agent
Carol Patterson
Century 21 ALL-SERVICE-BED
Buyer's Agent
Tammy Rickman
Rickman Realty LLC
List Price
$629,900
Sold Price
$610,000
Premium/Discount to List
-$19,900
-3.16%
Views
28
Current Estimated Value
$745,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,615
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Sep 10, 2012
Sold by
Dunlap William E and Dunlap Brenda E
Bought by
Cumby Gary W and Cumby Margaret W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.49%
Mortgage Type
New Conventional
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
Hubbard Mark R $610,000 Fidelity National Title
Cumby Gary W $370,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cumby Gary W $296,000
Previous Owner Dunlap William E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $610,000 -3.2% $152 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $629,900 -- $157 / 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 $1,892 $542,700 $135,900 $406,800
2024 $1,892 $542,700 $135,900 $406,800
2023 $1,892 $230,750 $0 $0
2022 $1,667 $166,700 $0 $0
2021 $1,667 $333,400 $39,700 $293,700
2020 $1,667 $333,400 $39,700 $293,700
2019 $1,667 $333,400 $39,700 $293,700
2018 $1,536 $295,400 $34,700 $260,700
2017 $1,536 $295,400 $34,700 $260,700
2016 $1,536 $295,400 $34,700 $260,700
2015 $1,536 $295,400 $34,700 $260,700
2014 $1,585 $304,900 $34,700 $270,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Carol Patterson

    Century 21 ALL-SERVICE-BED

    (540) 875-8279

    63 Total Sales

    Carol Patterson
    Section Image
  • Tammy Rickman

    Buyer's Agent in 2023

    Tammy Rickman

    Rickman Realty LLC

    (540) 793-4141

    326 Total Sales

    Tammy Rickman
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343608

APN: 163-A-59

Virginia Bedford County Bedford 24523

1643 Mt Olivet Rd, Bedford, VA

This home is located at 1643 Mt Olivet Rd, Bedford, VA 24523 since 18 April 2023 and is currently estimated at $745,615, approximately $185 per square foot. This property was built in 2002. 1643 Mt Olivet Rd is a home located in Bedford County with nearby schools including Bedford Primary School, Bedford Elementary School, and Liberty Middle School.

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