NOT LISTED FOR SALE

3446 Timber Ridge Rd Bedford, VA 24523

Estimated Value: $341,113 - $377,000

3 Beds
2 Baths
1,325 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2023

Last sale price $325,000 $245 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,010 / mo

76 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Fireplace
  • Mountain View
  • Fenced Yard
  • Garden

About This Home

As of October 2023

Brick ranch on 2.80 Acres with mountain views in the Jefferson Forest School zone! This beautiful home is convenient to 460 in-between New London and Bedford. Completely fenced in with barns, and a small pond this is the perfect mini farm! Fruit trees, chestnut trees and berry bushes abound! Off of the carport you'll find a lovely den with fireplace. The warm and bright kitchen shows off original cabinets and wood walls. The living room boasts hardwood floors running throughout the three main level bedrooms. The large unfinished basement is dry and insulated, ready for someone to finish it off with its full bath! This well maintained home has a list of updates to go along with it, new heat pump, water heater, septic, plumbing, and a roof under 10 years! Come take a look today!

Last Agent to Sell the Property

Shannon Sims

Keller Williams License #0225236024 Listed on: 06/29/2023

Keller Williams

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1962

Lot Details

  • 2.8 Acre Lot
  • Fenced Yard
  • Garden
  • Property is zoned AG

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Mountain Views
  • Scuttle Attic Hole
  • Electric Range

Flooring

  • Wood
  • Laminate

Basement

  • Walk-Out Basement
  • Laundry in Basement

Schools

  • Otter River Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Farming

  • Barn

Utilities

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

Community Details

  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 131A63

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1962

Lot Details

2.8 Acres

Listing Details

  • BuildingOnProperty: Barn
  • Directions: 460 to Timber Ridge Rd, Property is on the right
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1962
  • FullBathBelowGrade: 1
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Above Grade Finished Sq Ft: 1325.00
  • Architectural Style: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • 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)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Scuttle
  • Has Basement: Walkout
  • Flooring: Hardwood, Laminate
  • Deck: 25x12 Level: Level 1 Above Grade
  • Den: 23x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Main Level Bedroom
  • Dining Kitchen: 10x11 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 12x20 Level: Level 1 Above Grade
  • Master Bedroom: 11x14 Level: Level 1 Above Grade
  • Appliances: Range-Elec, Refrigerator
  • Fireplace: 1 Fireplace
  • Stories: One
  • Third Bedroom: 10x11 Level: Level 1 Above Grade
  • Second Bedroom: 10x10 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 110.000000
  • Room Master Bedroom Area: 154.000000
  • Den Area: 276.000000
  • Room Kitchen Area: 110.000000
  • Room Living Room Area: 240.000000
  • Room Bedroom2 Area: 100.000000
  • MasterBedroomDimensions Dim: 11.000 x 14.000
  • Kitchen Dim: 10.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 14.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Fenced Yard, Garden Space, Mountain Views

Garage/Parking

  • CarportParking: 1 Car
  • Garage Dim: 0.000 x 0.000

Utilities

  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: Well

Schools

  • Elementary School: Otter River Elem
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Zoning: AG
  • Acres: 2.8000
  • Lot Size Sq Ft: 121968.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 131A63
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 980

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: Bedford Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Oct 11, 2023
Sold by
Arthur Alvin C and Arthur Travis A
Bought by
Timpone Lauren and Timpone Robert
Seller's Agent
Shannon Sims
Keller Williams
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$385,000
Sold Price
$325,000
Premium/Discount to List
-$60,000
-15.58%
Views
269
Current Estimated Value
$361,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,278
Avg. Annual Appreciation
4.34%
Original Mortgage
$260,000
Outstanding Balance
$237,222
Interest Rate
6.55%
Mortgage Type
New Conventional
Estimated Equity
$124,056
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
Timpone Lauren -- Pike Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timpone Lauren $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2023 10/13/23 Sold $325,000 -7.1% $245 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $350,000 -6.7% $264 / Sq Ft
07/22/2023 07/22/23 Price Changed $375,000 -2.6% $283 / Sq Ft
06/29/2023 06/29/23 For Sale $385,000 -- $291 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $781 $190,500 $49,000 $141,500
2024 $781 $190,500 $49,000 $141,500
2023 $781 $95,250 $0 $0
2022 $747 $74,650 $0 $0
2021 $747 $149,300 $44,000 $105,300
2020 $747 $149,300 $44,000 $105,300
2019 $747 $149,300 $44,000 $105,300
2018 $740 $142,400 $44,000 $98,400
2017 $740 $142,400 $44,000 $98,400
2016 $740 $142,400 $44,000 $98,400
2015 $740 $142,400 $44,000 $98,400
2014 $751 $144,500 $39,000 $105,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 344958

APN: 131-A-63

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