NOT LISTED FOR SALE

3006 Penicks Mill Rd Bedford, VA 24523

Estimated Value: $285,973 - $361,000

3 Beds
2 Baths
1,880 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $152,500 $81 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,678/month

63 Days on Market

Highlights

  • Secluded Lot
  • Wood Flooring
  • Garden
  • Ranch Style House

About This Home

As of July 2018

Nestled at the foothills of Taylor Mountain, this beautiful gem of a house has a great deal to offer any family. Only 1.7 miles from highway 460 and 20 minutes from either Roanoke or Lynchburg, this house sits up on a gently sloping hill with plenty of privacy and breathtaking iconic views of the Peaks of Otter. The spacious kitchen comprises of upgraded cabinets and a work surface for a computer or laptop. Included in the den is a wood stove which is perfect to snuggle up beside and watch your favorite movie. Plenty of wood to feed this fire in one of the outside sheds. Don't let this pristine home slip through your fingertips. Call Today!

Last Agent to Sell the Property

Patricia Lightner

Lauren Bell Real Estate, Inc. License #0225222067 Listed on: 04/19/2018

Last Buyer's Agent

THOMAS NOLEN

Nolen Real Estate License #0225047806

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $590

Year Built

  • Built in 1972

Lot Details

  • 2.17 Acre Lot
  • Secluded Lot
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,880 Sq Ft Home
  • Wood Flooring
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 90A41

Home Details

Home Type

Single Family

Est. Annual Taxes

$590

Year Built

Built in 1972

Lot Details

0

Listing Details

  • FILLACRES: 2.1700
  • Directions: 460W towards Roanoke to Right on Thaxton School Rd to Right on Penicks Mill Rd. 1.7 Miles to Home on the Left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 94525.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90A41
  • Year Built: 1972
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 132.000000
  • Master Bedroom Dim: 12.000 x 11.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: Camp Cr
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Above Grade Finished Sq Ft: 980.00
  • ApplianceConvey: Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout
  • Flooring: Hardwood
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Drywall, Main Level Bedroom, Smoke Alarm
  • Laundry: Basement
  • Master Bedroom: 12x11 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Secluded Lot

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1880.00

Tax Info

  • Estimated Taxes: 590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Booth James M and Booth Karen L
Bought by
Booth James M and Booth Karen L
Current Estimated Value
$309,493

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jul 20, 2018
Sold by
Morgan James L
Bought by
Booth James M and Booth Karen L
Seller's Agent
Patricia Lightner
Lauren Bell Real Estate, Inc.
Buyer's Agent
THOMAS NOLEN
Nolen Real Estate
List Price
$153,900
Sold Price
$152,500
Premium/Discount to List
-$1,400
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$122,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 12, 2016
Sold by
Sparks Michael B and Sparks Angela D
Bought by
Morgan James L
Seller's Agent
Amy Carter
DIVINE FOG REALTY COMPANY LLC- L'BURG
Buyer's Agent
Non Member Transaction Agent
Non-Member Transaction Office
List Price
$141,900
Sold Price
$139,900
Premium/Discount to List
-$2,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$137,365
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2008
Sold by
Sparks Michael B and Sparks Gerald F
Bought by
Sparks Michael B and Sparks Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Booth James M -- Radford & Wandrei Pc
Booth James M $152,500 Attorney
Morgan James L $139,900 Attorney
Sparks Michael B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Booth James M $122,000
Previous Owner Morgan James L $137,365
Previous Owner Sparks Michael B $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2018 07/20/18 Sold $152,500 -0.9% $81 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $153,900 +10.0% $82 / Sq Ft
05/12/2016 05/12/16 Sold $139,900 -1.4% $74 / Sq Ft View Prior Sale
04/11/2016 04/11/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $141,900 -- $75 / 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 $917 $223,600 $66,500 $157,100
2024 $917 $223,600 $66,500 $157,100
2023 $917 $111,800 $0 $0
2022 $751 $75,050 $0 $0
2021 $751 $150,100 $42,500 $107,600
2020 $751 $150,100 $42,500 $107,600
2019 $751 $150,100 $42,500 $107,600
2018 $590 $113,400 $37,500 $75,900
2017 $590 $113,400 $37,500 $75,900
2016 $590 $113,400 $37,500 $75,900
2015 $590 $113,400 $37,500 $75,900
2014 $579 $111,400 $33,000 $78,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 311311

APN: 90-A-41