NOT LISTED FOR SALE

2412 Forbes Mill Rd Bedford, VA 24523

Estimated Value: $492,000 - $640,000

4 Beds
2.5 Baths
2,285 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $265,000 $116 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,048/month

248 Days on Market

Highlights

  • Creek or Stream View
  • Multiple Fireplaces
  • Wood Flooring
  • Big Island Elementary School Rated 9+
  • Ranch Style House
  • Great Room

About This Home

As of October 2019

4.35 Acres, Beautiful setting at the foot of the Peaks of Otter. Large stone and vinyl ranch with full unfinished walkout basement. Living room with bay window, separate formal dining room, kitchen with farmhouse style cabinets and pantry Opens to a very large great room with HW floors , stone fireplace w/gas logs. Master with full bathroom, vanity area. Attached 2 car garage that enters through mud room with main level laundry, half bath and utility sink. Walkout basement has additional 1 car garage(never used) , Fireplace behind shelving and rough in plumbed for bathroom. Endless possibilities. Covered porch, large patio. New roof in 2017. New Heat pump 2018. New HW heater 2018

Last Agent to Sell the Property

Debbie Key

CB Sales & Rentals, Inc. License #0225129286 Listed on: 12/14/2018

Last Buyer's Agent

Debbie Key

CB Sales & Rentals, Inc. License #0225129286 Listed on: 12/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,322

Year Built

  • Built in 1975

Lot Details

  • 4.35 Acre Lot
  • Landscaped
  • Property is zoned AR

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,285 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Multiple Fireplaces
  • Great Room
  • Formal Dining Room
  • Creek or Stream Views
  • Attic Access Panel
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

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

Utilities

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

Community Details

  • Otter Lea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 93-1-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,322

Year Built

Built in 1975

Lot Details

0

Listing Details

  • FILLACRES: 4.3500
  • Directions: From Bedford, 122 N, Left Forbes Mill Rd to home on corner of Forbes Mill and Woods Rd (OR) 43 N, Right Jopling RD (643) , Right Forbes Mill (640) to home on right Corner of Forbes Mill and Woods Rd
  • Internet Providers: Satellite, Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 189486.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 93-1-1
  • Year Built: 1975
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 25.000000
  • Laundryroom Dim: 7.000 x 8.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 17.000 x 12.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 238.000000
  • Master Bedroom Dim: 17.000 x 14.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 96.000000
  • Other Room1 Len: 12.000
  • Other Room2 Area: 130.000000
  • Other Room2 Len: 26.000
  • 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: RPC # 9307900
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 12x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Fourth Bedroom: 12x10 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 2285.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Roughed in Bath, Walkout, Workshop
  • Flooring: Carpet, Vinyl, Wood
  • Year Built Exception: 0
  • Fireplace: 2 Fireplaces
  • Formal Dining: 14x12 Level: Level 1 Above Grade
  • Foyer: 5x5 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 29x16 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Great Room, Master Bed w/ Bath, Pantry, Separate Dining Room, Vacuum System, Walk-In Closet(s)
  • Dining Kitchen: 15x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 7x8 Level: Level 1 Above Grade
  • Living Room: 17x12 Level: Level 1 Above Grade
  • Master Bedroom: 17x14 Level: Level 1 Above Grade
  • Other Room 1: 12x8 Level: Level 1 Above Grade
  • Other Room 2: 26x5 Level: Level 1 Above Grade
  • Porch: 11x13 Level: Level 1 Above Grade
  • Additional Room 1 Description: additional patio
  • Additional Room 2 Description: front porch
  • GreatRoom Area: 464.000000
  • Livinggreat Room Dim: 29.000 x 16.000
  • Kitchen Area: 150.000000
  • Laundry Room Area: 56.000000
  • LivingRoom Area: 204.000000
  • Est Other Room1 Dim: 12.000 x 8.000
  • Est Other Room2 Dim: 26.000 x 5.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 1
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Landscaped, Stream/Creek
  • Patio: 23x12 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 572.000000
  • Garage Dim: 26.000 x 22.000
  • GarageLen: 26.000
  • GarageWid: 22.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Otter Lea

Schools

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

Lot Info

  • Lot Sq Ft: 2285.00
  • Zoning: AR

Tax Info

  • Estimated Taxes: 1322

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Sep 19, 2019
Sold by
Eubank Opal H
Bought by
Aase Olaf A and Aase Beverly M
Seller's Agent
Debbie Key
CB Sales & Rentals, Inc.
Buyer's Agent
Debbie Key
CB Sales & Rentals, Inc.
List Price
$274,000
Sold Price
$265,000
Premium/Discount to List
-$9,000
-3.28%
Current Estimated Value
$534,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,725
Avg. Annual Appreciation
12.36%
Original Mortgage
$170,000
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aase Olaf A $265,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aase Olaf A $50,000
Open Aase Olaf A $119,500
Closed Aase Olaf A $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $265,000 -3.3% $116 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $274,000 -- $120 / 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 $1,624 $396,100 $91,800 $304,300
2024 $1,624 $396,100 $91,800 $304,300
2023 $1,624 $198,050 $0 $0
2022 $1,397 $139,700 $0 $0
2021 $1,397 $279,400 $71,800 $207,600
2020 $1,397 $279,400 $71,800 $207,600
2019 $1,397 $279,400 $71,800 $207,600
2018 $1,322 $254,300 $71,800 $182,500
2017 $1,322 $254,300 $71,800 $182,500
2016 $1,322 $254,300 $71,800 $182,500
2015 $1,322 $254,300 $71,800 $182,500
2014 $1,314 $252,700 $71,800 $180,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Debbie Key

    CB Sales & Rentals, Inc.

    (540) 297-7000

    40 Total Sales

    Debbie Key
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 315814

APN: 93-1-1

Virginia Bedford County Bedford 24523

2412 Forbes Mill Rd, Bedford, VA

This home is located at 2412 Forbes Mill Rd, Bedford, VA 24523 since 14 December 2018 and is currently estimated at $534,725, approximately $234 per square foot. This property was built in 1975. 2412 Forbes Mill Rd is a home located in Bedford County with nearby schools including Big Island Elementary School, Liberty Middle School, and Liberty High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes