NOT LISTED FOR SALE

1655 Teass Terrace Bedford, VA 24523

Estimated Value: $710,448 - $743,000

4 Beds
2.5 Baths
3,297 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $599,900 $182 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,058/month

63 Days on Market

Highlights

  • 25.06 Acre Lot
  • Detached Carport Space
  • Central Air
  • No HOA

About This Home

As of December 2022

Fairytale come true! What a fascinating property with all the custom features to appreciate~ Make this your full time residence or share as a favorite short term rental. There is nothing like this one on the market! Always wanted to do a Bed and Breakfast? Here is your chance! With over 25 acres, it is perfectly situated and positioned for horse lovers ready to fence and place a riding arena along with manicured trails. Or gear up the ATV's and lets the kids and adults explore the terrain and hunt or play in the woods! Private and peaceful~ sellers love this home yet due to military move they must relocate. Asking what they paid for it including the mandatory fees. Super opportunity to scoop this rare find up today!

Last Agent to Sell the Property

Kendra Porter

VIRGINIA REALTY GROUP License #0225197790 Listed on: 09/12/2022

Last Buyer's Agent

Kendra Porter

VIRGINIA REALTY GROUP License #0225197790 Listed on: 09/12/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,451

Year Built

  • Built in 2018

Lot Details

  • 25.06 Acre Lot

Parking

  • Detached Carport Space

Home Design

  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 3,297 Sq Ft Home
  • 2-Story Property
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Schools

  • Bedford Elementary School
  • Liberty High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,451

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • BedroomsBREntryLevel: 1
  • BedroomsBROtherLevel: 1
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1297.00
  • FullBathsFullBathsEntryLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3297
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryEntryLevel: 1
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBREntryLvl: 1
  • OtherAboveGrdFin Sq Ft: 704.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Detached
  • RatifiedContractDt: 2022-11-14
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 3297
  • TotalBdrm: 4
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3297.00
  • TotalHBaths: 1
  • UpperAboveGrdFin Sq Ft: 1296.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: No

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well

Schools

  • Elementary School: Bedford
  • Middle School: Other - See Remarks
  • High School: Liberty High

Lot Info

  • Lot Description: Other - See Remarks
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 25.06

Building Info

  • Year Built: 2018

Tax Info

  • Taxes (6 mo): 1451.00
  • FILLTAXID: 166A23

MLS Schools

  • Elementary School: Bedford
  • HighSchool: Liberty High
  • Middle School: Other - See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Dec 29, 2022
Sold by
Cousino Noah Steven
Bought by
Mccollum Bradley Dewayne and Mccollum Elizabeth Jane
Seller's Agent
Kendra Porter
VIRGINIA REALTY GROUP
Buyer's Agent
Kendra Porter
VIRGINIA REALTY GROUP
List Price
$599,900
Sold Price
$599,900
Views
75
Current Estimated Value
$726,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,824
Avg. Annual Appreciation
9.00%
Original Mortgage
$449,925
Outstanding Balance
$436,507
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$321,878

Purchase Details

Listed on
Jul 26, 2021
Closed on
Dec 27, 2021
Sold by
Wright Joshua S and Liv Rebecca
Bought by
Cousino Noah Steven
Seller's Agent
Damon Gettier
Real Broker, LLC
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$625,000
Sold Price
$585,000
Premium/Discount to List
-$40,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.55%
Original Mortgage
$598,455
Interest Rate
3.11%
Mortgage Type
VA

Purchase Details

Closed on
Apr 6, 2016
Sold by
Andrews James W
Bought by
Wright Joshua Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.62%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2016
Sold by
Allman William L and Allman Jennie T
Bought by
Andrews James W

Purchase Details

Closed on
Jan 21, 2015
Sold by
Allman William L and Allman Jennie T
Bought by
Stebbings Michelle Wingo
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
Mccollum Bradley Dewayne $599,900 Chicago Title
Cousino Noah Steven $585,000 Old Republic National Title
Wright Joshua Stephen $75,000 Attorney
Andrews James W $50,000 Attorney
Stebbings Michelle Wingo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccollum Bradley Dewayne $449,925
Previous Owner Cousino Noah Steven $598,455
Previous Owner Wright Joshua Stephen $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $599,900 0.0% $182 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $599,900 +2.5% $182 / Sq Ft
12/28/2021 12/28/21 Sold $585,000 -6.4% $177 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $625,000 -- $190 / 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 $2,234 $544,800 $194,400 $350,400
2024 $2,234 $544,800 $194,400 $350,400
2023 $2,234 $272,400 $0 $0
2022 $766 $76,550 $0 $0
2021 $766 $153,200 $41,700 $111,500
2020 $766 $153,200 $41,700 $111,500
2019 $766 $153,200 $41,700 $111,500
2018 $76 $14,700 $14,700 $0
2017 $76 $14,700 $14,700 $0
2016 $37 $7,100 $7,100 $0
2015 $57 $11,000 $11,000 $0
2014 $57 $11,000 $11,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 892998

Roanoke Valley Association of REALTORS®

APN: 166-A-23