NOT LISTED FOR SALE

3031 Otter Hill Rd Bedford, VA 24523

Estimated Value: $518,000 - $783,000

3 Beds
2 Baths
2,330 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $430,000 $185 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,217/month

11 Days on Market

Highlights

  • 21.91 Acre Lot
  • Wood Burning Stove
  • Wood Flooring
  • Creek or Stream View
  • Ranch Style House
  • Pole Barn

About This Home

As of July 2022

A rare find with 21+acres just outside of Bedford! This 1997 brick ranch home is move-in ready. The home includes three bedrooms and 2 full baths and a finished basement with large rec/family room with ample storage and a wood stove for supplemental heat. Windows were replaced in 2020. in the last 3-5 years, the roof, refrigerator, water heater, and well pump were replaced and the septic system was pumped. The pasture/hay land is fenced and a 3 bay run-in/tractor shed is ready for your equipment and farm animals. Four covered dog kennel pens convey with the property. The property is currently in land use for low Bedford County taxes. With plenty of room for a garden, this home is ready for you to set up a homestead and enjoy quiet country life.

Last Agent to Sell the Property

Julie Bays

Re/Max Lakefront Realty License #0225233565 Listed on: 05/25/2022

Re/Max Lakefront Realty

Last Buyer's Agent

Liz C Dawson

Elite Realty License #0225142343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 1997

Lot Details

  • 21.91 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned AP

Parking

  • Circular Driveway

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,330 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Workshop
  • Creek or Stream Views
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Workshop
  • Laundry in Basement

Outdoor Features

  • Pole Barn

Schools

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

Utilities

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

Community Details

  • Association fees include road maintenance

Listing and Financial Details

  • Assessor Parcel Number 184-A-6J

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 1997

Lot Details

0

Listing Details

  • FILLACRES: 21.9100
  • BuildingOnProperty: Pole Building
  • Directions: 460 W to 1st Bedford Exit. Left on Link/Falling Creek Rd. 5.5 miles to R on Otter Hill Rd. House 2.2 miles on Right.
  • Internet Providers: Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 954400.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 184-A-6J
  • Year Built: 1997
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Wood Stove
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.000 x 11.300
  • Livingroom Len: 17.000
  • Livingroom Wid: 11.300
  • Masterbedroom Area: 150.290000
  • Master Bedroom Dim: 13.300 x 11.300
  • Masterbedroom Len: 13.300
  • Masterbedroom Wid: 11.300
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 265.320000
  • Other Room1 Len: 26.800
  • 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: Staunton River High
  • Legal Description: CLAYTORS MILL RD
  • Middle School2: Staunton River Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11.70x11.90 Level: Level 1 Above Grade
  • Second Bedroom Area: 139.230000
  • Third Bedroom: 11.70x11.90 Level: Level 1 Above Grade
  • Third Bedroom Area: 139.230000
  • Above Grade Finished Sq Ft: 1300.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Heated, Interior Entrance, Partitioned, Walkout, Workshop
  • Breakfast Area: 11.90x11.30 Level: Level 1 Above Grade
  • Flooring: Hardwood, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 39x12 Level:
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drywall, Main Level Bedroom, Smoke Alarm, Walk-In Closet(s), Workshop
  • Dining Kitchen: 12x11.30 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Washer Connections
  • Living Room: 17x11.30 Level: Level 1 Above Grade
  • Master Bedroom: 13.30x11.30 Level: Level 1 Above Grade
  • Other Room 1: 26.80x9.90 Level: Below Grade
  • Porch: 25x4 Level:
  • Rec Room: 37.80x22.30 Level: Below Grade
  • Additional Room 1 Description: Storage/Laundry
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 135.600000
  • LivingRoom Area: 192.100000
  • Est Other Room1 Dim: 26.800 x 9.900
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 842.940000
  • Rec Room Dim: 37.800 x 22.300
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Circular Drive, Garden Space, Landscaped, Insulated Glass, Undergrnd Utilities, Stream/Creek
  • Patio: 16x10 Level:

Garage/Parking

  • Carport: 28x12 Level:
  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Road Maintenance
  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 2330.00
  • Zoning: AP

Tax Info

  • Estimated Taxes: 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 28, 2022
Sold by
Avery Teresa J and Lawrence Stephen
Bought by
Castanes Ashley B
Seller's Agent
Julie Bays
Re/Max Lakefront Realty
Buyer's Agent
Liz C Dawson
Elite Realty
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$585,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,889
Avg. Annual Appreciation
9.80%
Original Mortgage
$330,000
Outstanding Balance
$313,985
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$271,904

Purchase Details

Closed on
Aug 6, 2021
Sold by
Avery Stephen L and Avery Teresa J
Bought by
Kamprath Theodore and Kamprath Tara M
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
Castanes Ashley B $430,000 First American Title
Kamprath Theodore $25,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castanes Ashley B $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $430,000 +1.2% $185 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $425,000 -- $182 / 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 $1,617 $394,500 $180,800 $213,700
2024 $1,136 $394,500 $180,800 $213,700
2023 $1,136 $138,550 $0 $0
2022 $970 $97,000 $0 $0
2021 $970 $194,000 $53,400 $140,600
2020 $970 $194,000 $53,400 $140,600
2019 $970 $194,000 $53,400 $140,600
2018 $983 $189,100 $53,400 $135,700
2017 $983 $189,100 $53,400 $135,700
2016 $983 $189,100 $53,400 $135,700
2015 $983 $189,100 $53,400 $135,700
2014 $978 $188,000 $53,400 $134,600
Source: Public Records

Agents Affiliated with this Home

  • Julie Bays

    Seller's Agent in 2022

    Julie Bays

    Re/Max Lakefront Realty

    (540) 400-1475

    164 Total Sales

    Julie Bays
    Section Image

  • L

    Buyer's Agent in 2022

    Liz C Dawson

    Elite Realty

    121 Total Sales

    Liz C Dawson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338452

APN: 184-A-6J

Virginia Bedford County Bedford 24523

3031 Otter Hill Rd, Bedford, VA

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