NOT LISTED FOR SALE

402 E King St Bedford, VA 24523

Estimated Value: $83,000 - $204,000

2 Beds
1 Bath
1,409 Sq Ft
$102/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $74,000 $53 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $782/month

7 Days on Market

Highlights

  • City View
  • Electric Baseboard Heater
  • Storm Doors
  • Wood Flooring

About This Home

As of November 2023

INVESTORS..This is a property that is worth considering..It has a 2 story older home and a DUPLEX that is 2 bed/1 bath. both have ROOF PROBLEMS. House has a leak on the left corner of house. see pictures. But house seems in pretty good shape otherwise. The house has vinyl siding..newer windows..newer baseboards..and newer circuit breaker box. City WATER AND SEWAGE INTO BOTH PROPERTIES. DUPLEX back side of flat roof is gone. Roof on Duplex must be rebuilt or torn down according to town. Each side has about 700 square feet with Livingroom 15 x11 Kitchen about the same and bedroom 12 x12 and 10x12. great layout for each apartment (measurements are estimated). ample parking can be made from East Cook Street. Great potential...a lot of work and money but great return on investment for rentals. AS IS Condition

Last Agent to Sell the Property

Dot E Dawson

Amherst Real Estate, Inc License #0225041460 Listed on: 10/13/2023

Last Buyer's Agent

Kristen Massie

KW Metro Center License #0225254879

KW Metro Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1930

Lot Details

  • 9,583 Sq Ft Lot
  • Property is zoned R2

Home Design

  • Shingle Roof
  • Metal Roof
  • Plaster

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • City Views
  • Crawl Space
  • Storm Doors

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • No Cooling
  • Electric Baseboard Heater
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 80502151

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1930

Lot Details

0

Listing Details

  • FILLACRES: 0.2200
  • Directions: Main street..Left on Otey..go over South Street and turn right on E King Street. On the left corner of S.Bridge and E king. Property includes duplex 406-408 E. King street and goes to Cook street.
  • Lot Measurement: Acres
  • Lot Sq Ft: 9583.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 80502151
  • Year Built: 1930
  • Heating System: Electric Baseboard
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 14.000 x 14.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 196.000000
  • Master Bedroom Dim: 14.000 x 14.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: Parcel number 80502151
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Street Number Modifier: 408
  • Second Bedroom: 14x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 196.000000
  • Above Grade Finished Sq Ft: 1409.00
  • ApplianceConvey: Dryer, Washer
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Wood
  • Year Built Exception: 0
  • Formal Dining: 14x14 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Plaster
  • Dining Kitchen: 14x11 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Living Room: 14x14 Level: Level 1 Above Grade
  • Master Bedroom: 14x14 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 154.000000
  • LivingRoom Area: 196.000000
  • 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

  • Lot Number: 214 A 88 T
  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: City View, Storm Doors

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: None
  • Sewer: City
  • Hot Water: City
  • 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: 1409.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Nov 8, 2023
Sold by
Taylor June Rita
Bought by
W A M E Llc
Seller's Agent
Dot E Dawson
Amherst Real Estate, Inc
Buyer's Agent
Kristen Massie
KW Metro Center
List Price
$70,000
Sold Price
$74,000
Premium/Discount to List
$4,000
5.71%
Views
79
Current Estimated Value
$143,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,257
Avg. Annual Appreciation
35.39%
Original Mortgage
$225,000
Outstanding Balance
$220,364
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
-$77,107
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
W A M E Llc $74,000 Pike Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open W A M E Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2023 11/08/23 Sold $74,000 +5.7% $53 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $70,000 -- $50 / 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 $400 $97,500 $24,000 $73,500
2024 $400 $97,500 $24,000 $73,500
2023 $400 $48,750 $0 $0
2022 $355 $35,500 $0 $0
2021 $355 $71,000 $16,000 $55,000
2020 $355 $71,000 $16,000 $55,000
2019 $355 $71,000 $16,000 $55,000
2018 $419 $80,600 $14,000 $66,600
2017 $419 $80,600 $14,000 $66,600
2016 $419 $80,600 $14,000 $66,600
2015 $419 $80,600 $14,000 $66,600
2014 $517 $99,500 $14,000 $85,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dot E Dawson

    Amherst Real Estate, Inc

    (434) 610-7789

    1 in this area

    13 Total Sales

    Dot E Dawson
    Section Image

  • K

    Buyer's Agent in 2023

    Kristen Massie

    KW Metro Center

    (434) 660-9223

    6 in this area

    137 Total Sales

    Kristen Massie
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 348752

APN: 214-A-88-T

Virginia Bedford County Bedford 24523

402 E King St, Bedford, VA

Not Listed for Sale

Detached

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