NOT LISTED FOR SALE

2445 Otter Hill Rd Bedford, VA 24523

Estimated Value: $220,000 - $350,000

3 Beds
2.5 Baths
1,524 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $240,000 $157 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,492/month

2 Days on Market

Highlights

  • Wood Burning Stove
  • Fenced Yard
  • Patio
  • No HOA
  • Views
  • 1-Story Property

About This Home

As of June 2023

Easy living in this ranch with gorgeous pastoral views and sunrises from the living room and seasonal mountain views from the back patio. Commute will be equidistant from Lynchburg, Roanoke and Smith Mountain Lake. Enjoy the wood burning fireplace from both the dining area and living room while the Trane heat pump heats and cools your home. Hall bath, three BDs, and a cedar lined coat closet/pantry on main floor. Full basement has workshop and laundry in addition to a large den. Owner works from home in the basement office using B2X high speed internet. A wood stove is used in the basement though the area is not included in the square footage of the home. Relax on the back patio while you watch your loved ones play; the flat backyard is surrounded by a commercial grade Snell fence.

Last Agent to Sell the Property

Pamela Pelletier

NEXTHOME TWOFOURFIVE License #0225251662 Listed on: 04/13/2023

NEXTHOME TWOFOURFIVE

Last Buyer's Agent

Bennie Ellis

ELLIS HEARTH AND HOME LLC License #0225152330

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1959

Lot Details

  • 0.36 Acre Lot
  • Fenced Yard
  • Level Lot
  • Garden

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Living Room with Fireplace
  • Property Views
  • Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Attached Carport
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Huddleston Elementary School
  • Staunton River Middle School
  • Staunton River High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 184 / A

Home Details

Home Type

Single Family

Est. Annual Taxes

$730

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan(s)
  • Heating System: Heat Pump Electric, Other - See Remarks
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Fenced Yard, Garden Space, Patio, Shed(s)
  • Views: Mountain(s), Sunrise, Sunset
  • BedroomsBREntryLevel: 3
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1524.00
  • Fireplace Number Fireplaces: 1
  • InternetAccessCurntInternetProv: B2X Internet
  • LaundryLaundryLowerLevel: 1
  • LaundryLaundryOtherLevel: 1
  • Major Area: 06 - Bedford County
  • NumberPrimCovSpaces: 1.00
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: Carport Attached
  • Residential Type: Attached
  • Style Of House: 1 Story
  • Total Above Grd Fin S Q F T: 1524
  • TotalBdrm: 3
  • TotalBths: 2.10
  • TotalCovdPrkSpc: 1.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1524.00
  • TotalHBaths: 1
  • TotalUnfin Sq Ft: 1524.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Other Below Grd Unfin S Q F T: 1524.00
  • Water Class: N/A
  • Water Htr Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Private Septic
  • Water Description: Private Well
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Paved Road

Green Features

  • Energy Features: Wood Stove

Lot Info

  • Lot Description: Level, Views
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.36
  • Lot: 184

Building Info

  • Year Built: 1959

Tax Info

  • Taxes (6 mo): 730.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 30, 2023
Sold by
Saville Philip Lee and Saville Ronisha
Bought by
Scott Thomas H and Scott Gloria M
Seller's Agent
Pamela Pelletier
NEXTHOME TWOFOURFIVE
Buyer's Agent
Bennie Ellis
ELLIS HEARTH AND HOME LLC
List Price
$215,000
Sold Price
$240,000
Premium/Discount to List
$25,000
11.63%
Views
76
Current Estimated Value
$274,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,120
Avg. Annual Appreciation
5.69%

Purchase Details

Listed on
Apr 10, 2014
Closed on
Oct 8, 2014
Sold by
Ingram Butch and Phillips Kenneth
Bought by
Saville Philip Lee and Saville Ronisha
Seller's Agent
Tammy Rickman
RICKMAN REALTY LLC
Buyer's Agent
James Dalton
DALTON & COMPANY APPRAISAL SERVICE
List Price
$116,900
Sold Price
$114,000
Premium/Discount to List
-$2,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$91,200
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Scott Thomas H $240,000 Fidelity National Title
Saville Philip Lee $114,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saville Philip Lee $91,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2023 06/06/23 Sold $240,000 +11.6% $157 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $215,000 +88.6% $141 / Sq Ft
10/08/2014 10/08/14 Sold $114,000 -2.5% $75 / Sq Ft View Prior Sale
09/04/2014 09/04/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $116,900 -- $77 / 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 $599 $146,100 $20,000 $126,100
2024 $599 $146,100 $20,000 $126,100
2023 $599 $73,050 $0 $0
2022 $611 $61,100 $0 $0
2021 $611 $122,200 $20,000 $102,200
2020 $611 $122,200 $20,000 $102,200
2019 $611 $122,200 $20,000 $102,200
2018 $591 $113,600 $20,000 $93,600
2017 $591 $113,600 $20,000 $93,600
2016 $591 $113,600 $20,000 $93,600
2015 $591 $113,600 $20,000 $93,600
2014 $750 $144,200 $30,000 $114,200
Source: Public Records

Agents Affiliated with this Home

  • Pamela Pelletier

    Seller's Agent in 2023

    Pamela Pelletier

    NEXTHOME TWOFOURFIVE

    (585) 567-8548

    27 Total Sales

    Pamela Pelletier
    Section Image

  • B

    Buyer's Agent in 2023

    Bennie Ellis

    ELLIS HEARTH AND HOME LLC

    (540) 871-8780

    52 Total Sales

    Bennie Ellis
    Section Image
  • Tammy Rickman

    Seller's Agent in 2014

    Tammy Rickman

    RICKMAN REALTY LLC

    (540) 793-4141

    321 Total Sales

    Tammy Rickman
    Section Image

  • J

    Buyer's Agent in 2014

    James Dalton

    DALTON & COMPANY APPRAISAL SERVICE

    (540) 353-6426

    James Dalton
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 897379

Roanoke Valley Association of REALTORS®

APN: 184-A-28A

Virginia Bedford County Bedford 24523

2445 Otter Hill Rd, Bedford, VA

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