NOT LISTED FOR SALE

1951 Shingle Block Rd Bedford, VA 24523

Estimated Value: $57,270 - $233,000

2 Acres
$53,284 Price per Acre
87,120 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $45,000

Est. 137% increase in value since last sale

Current estimated payment $575/month

74 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Level Lot

About This Lot

As of May 2023

Nice level acreage in Bedford complete with well and septic. This property offers 2 acres conveniently located to Downtown Moneta, Town of Bedford, and Roanoke.

Last Agent to Sell the Property

Jessica Weddle

MKB, REALTORS(r) License #0225249727 Listed on: 02/09/2023

MKB, REALTORS(r)

Last Buyer's Agent

Jessica Weddle

MKB, REALTORS(r) License #0225249727 Listed on: 02/09/2023

MKB, REALTORS(r)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $255

Lot Details

  • 2 Acre Lot
  • Level Lot

Schools

  • Moneta Elementary School
  • Staunton River Middle School
  • Staunton River High School

Additional Features

  • Mountain Views
  • Mobile Home Allowed
  • Underground Utilities

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$255

Lot Details

0

Listing Details

  • Type: Land
  • Views: Mountain
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Land Sub Type: Residential - Single Family
  • Major Area: 06 - Bedford County
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Association/Amenities

  • Misc Features: Underground Util

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Level
  • Total Acreage: 2.00
  • Land Type: Land (Acreage)

Tax Info

  • Taxes (6 mo): 255.00

MLS Schools

  • Elementary School: Moneta
  • HighSchool: Staunton River
  • Middle School: Staunton River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
May 18, 2023
Sold by
Schwamm Cora U
Bought by
Smith Michael W and Graham Kayla N
Seller's Agent
Jessica Weddle
MKB, REALTORS(r)
Buyer's Agent
Jessica Weddle
MKB, REALTORS(r)
List Price
$65,000
Sold Price
$45,000
Premium/Discount to List
-$20,000
-30.77%
Views
110
Current Estimated Value
$106,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,568
Avg. Annual Appreciation
42.80%
Original Mortgage
$38,250
Outstanding Balance
$31,512
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$75,056
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
Smith Michael W $45,000 First Choice Title & Settlemen
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael W $38,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2023 05/30/23 Sold $45,000 -30.8% --
04/24/2023 04/24/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $65,000 -- --
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 $213 $52,000 $40,000 $12,000
2024 $213 $52,000 $40,000 $12,000
2023 $213 $26,000 $0 $0
2022 $230 $23,000 $0 $0
2021 $230 $46,000 $35,000 $11,000
2020 $230 $46,000 $35,000 $11,000
2019 $25 $46,000 $35,000 $11,000
2018 $239 $46,000 $35,000 $11,000
2017 $239 $46,000 $35,000 $11,000
2016 $239 $46,000 $35,000 $11,000
2015 $239 $46,000 $35,000 $11,000
2014 $234 $45,000 $35,000 $10,000
Source: Public Records

Agents Affiliated with this Home

  • Jessica Weddle

    Seller's Agent in 2023

    Jessica Weddle

    MKB, REALTORS(r)

    (540) 598-5387

    16 Total Sales

    Jessica Weddle
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 895866

Roanoke Valley Association of REALTORS®

APN: 198-A-101

Virginia Bedford County Bedford 24523

1951 Shingle Block Rd, Bedford, VA

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Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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