NOT LISTED FOR SALE

3423 Phelps Rd Bedford, VA 24523

Estimated Value: $271,000 - $317,000

3 Beds
2 Baths
1,290 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $250,000 $194 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,594/month

5 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Central Air
  • Deck
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of September 2023

Welcome Home to this spacious split foyer offering a desired split bedroom floor plan design. This home has been wellmaintained and taken care of. You can purchase this home with some peace of mind. The HVAC was entirely replaced in 2020 with high-end Trane equipmentwith a smart thermostat, and the water heater was replaced in 2022, offering energy-efficient innovative management features. Sellers also upgraded and replacedthe well pump and pressure tank in 2023. This home has been cleaned and freshly painted. The basement is unfinished but has the plumbing roughed in for a 3rdfull bathroom. If finished, the basement would have tall ceilings and could have a true fourth bedroom if you wanted. The possibilities are endless.

Last Agent to Sell the Property

Lucas Sorrell

REAL BROKER LLC - MCLEAN License #0225244336 Listed on: 08/02/2023

REAL BROKER LLC - MCLEAN

Last Buyer's Agent

Garrison Adams

RE/MAX LAKEFRONT REALTY INC License #0225237095

RE/MAX LAKEFRONT REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 2005

Lot Details

  • 1.04 Acre Lot
  • Level Lot
  • Property is zoned AP

Home Design

  • Split Foyer
  • Stone Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • Ceiling Fan
  • Mountain Views

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Open Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Ayers Acres Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$929

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan, Walk-in-Closet
  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Range Electric, Range Hood, Refrigerator
  • Cooling System: Central Cooling, Heat Pump Electric
  • Outside Features: Deck
  • Views: Mountain, Sunset
  • AddlCoveredPrkng: Not Applicable
  • CondoAssocYN: No
  • ExteriorDoors: Metal
  • Internet Access: Other, See Remarks
  • InternetAccessCurntInternetProv: Seiontec
  • LaundryLaundryUpperLevel: 1
  • Major Area: 06 - Bedford County
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: Split-Foyer
  • SubdivisionMap: 30000559
  • Total Above Grd Fin S Q F T: 1290
  • TotalBdrm: 3
  • TotalBths: 2.00
  • TotalFBaths: 2
  • Total Finished Sq Ft: 1290.00
  • TotalUnfin Sq Ft: 1265.00
  • UncoveredNumberSpaces: 6.00
  • Uncovered Parking: Off Street Parking
  • Unfinished Attached S Q F T Lower Below Grd Unfin S Q F T: 1265.00
  • UpperAboveGrdFin Sq Ft: 1290.00
  • 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: Underground Util

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 1.04
  • Lot: 3
  • ZoningCode: AP

Building Info

  • Year Built: 2005

Tax Info

  • Taxes (6 mo): 929.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 5, 2023
Sold by
Perez William S and Perez Salvacion B
Bought by
Coates James L
Seller's Agent
Lucas Sorrell
REAL BROKER LLC - MCLEAN
Buyer's Agent
Garrison Adams
RE/MAX LAKEFRONT REALTY INC
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%
Views
37
Current Estimated Value
$290,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,274
Avg. Annual Appreciation
7.26%
Original Mortgage
$245,471
Outstanding Balance
$240,117
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$50,157
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
Coates James L $250,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coates James L $245,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $250,000 +4.2% $194 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $240,000 -- $186 / 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 $809 $197,200 $35,000 $162,200
2024 $809 $197,200 $35,000 $162,200
2023 $809 $98,600 $0 $0
2022 $821 $82,100 $0 $0
2021 $821 $164,200 $30,000 $134,200
2020 $821 $164,200 $30,000 $134,200
2019 $821 $164,200 $30,000 $134,200
2018 $854 $164,300 $30,000 $134,300
2017 $854 $164,300 $30,000 $134,300
2016 $854 $164,300 $30,000 $134,300
2015 $854 $164,300 $30,000 $134,300
2014 $858 $165,000 $25,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lucas Sorrell

    REAL BROKER LLC - MCLEAN

    (540) 521-9191

    26 Total Sales

    Lucas Sorrell
    Section Image
  • Garrison Adams

    Buyer's Agent in 2023

    Garrison Adams

    RE/MAX

    (540) 529-3107

    65 Total Sales

    Garrison Adams
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 900380

Roanoke Valley Association of REALTORS®

APN: 183-8-3

Virginia Bedford County Bedford 24523

3423 Phelps 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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