NOT LISTED FOR SALE

501 Edmund St Bedford, VA 24523

Estimated Value: $46,000 - $252,000

3 Beds
1 Bath
1,360 Sq Ft
$90/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $12,000 $9 Per Sq Ft

Est. 915% increase in value since last sale

Current estimated payment $674/month

45 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Storm Doors

About This Home

As of July 2020

Great opportunity on this fixer upper conveniently located in the town of Bedford. Property being sold significantly below tax assessed value. Property is in need of renovation and is priced accordingly. Sold AS-IS. Any inspections are for purchasers information only.

Last Agent to Sell the Property

Matthew Durand

Mark A. Dalton & Co., Inc. License #0225204692 Listed on: 05/18/2020

Last Buyer's Agent

Jamie Dooley

eXp Realty LLC-Stafford License #0225229459

eXp Realty LLC-Stafford

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $250

Year Built

  • Built in 1930

Lot Details

  • 0.42 Acre Lot

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Crawl Space
  • Storm Doors
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

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

Utilities

  • No Cooling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 80500834

Home Details

Home Type

Single Family

Est. Annual Taxes

$250

Year Built

Built in 1930

Lot Details

0

Listing Details

  • FILLACRES: 0.4200
  • Directions: Take East Main St. to Talbott St. Talbott St. becomes Edmund St. Home on left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 18295.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 80500834
  • Year Built: 1930
  • Heating System: Wood Stove, Other
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.000 x 11.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 29.000
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 1.00
  • Bathrooms Display: 1 (1 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: EDMUND ST.
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x6 Level: Level 1 Above Grade
  • Second Bedroom Area: 66.000000
  • Third Bedroom: 18x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 198.000000
  • Above Grade Finished Sq Ft: 1360.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Carpet, Vinyl, Wood
  • Year Built Exception: 0
  • Fireplace: Wood Burning
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Other
  • Dining Kitchen: 11x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Living Room: 17x11 Level: Level 1 Above Grade
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Sun Room: 29x5 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 121.000000
  • LivingRoom Area: 187.000000
  • 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
  • Sun Room Area: 145.000000
  • Sunroom Dim: 29.000 x 5.000

Exterior Features

  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Storm Doors

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: None
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1360.00

Tax Info

  • Estimated Taxes: 250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2021
Sold by
Henry Jean Watson
Bought by
Pruett Richard M and Pruett Rosie P
Current Estimated Value
$121,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$132,607
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
-$10,768

Purchase Details

Listed on
May 18, 2020
Closed on
Jul 9, 2020
Sold by
Bank Of The James
Bought by
Prosch John Charles and Prosch Tanicia Leonette
Seller's Agent
Matthew Durand
Mark A. Dalton & Co., Inc.
Buyer's Agent
Jamie Dooley
eXp Realty LLC-Stafford
List Price
$24,900
Sold Price
$12,000
Premium/Discount to List
-$12,900
-51.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.67%

Purchase Details

Closed on
Mar 18, 2020
Sold by
Alford John S and Campbell Clarence E
Bought by
Bank Of The James

Purchase Details

Closed on
Apr 9, 2014
Sold by
Perdue Melinda W and Perdue Carl E
Bought by
Federal Home Loan Mortgage Corporation
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
Pruett Richard M $279,000 Sage Title Group Llc
Prosch John Charles $12,000 Attorney
Bank Of The James $18,000 None Available
Federal Home Loan Mortgage Corporation $88,538 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pruett Richard M $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $12,000 -51.8% $9 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $24,900 -- $18 / 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 $128 $31,200 $10,000 $21,200
2024 $128 $31,200 $10,000 $21,200
2023 $128 $15,600 $0 $0
2022 $184 $18,400 $0 $0
2021 $184 $36,800 $10,000 $26,800
2020 $184 $36,800 $10,000 $26,800
2019 $184 $36,800 $10,000 $26,800
2018 $194 $37,300 $7,000 $30,300
2017 $194 $37,300 $7,000 $30,300
2016 $194 $37,300 $7,000 $30,300
2015 $194 $37,300 $7,000 $30,300
2014 $176 $33,900 $7,000 $26,900
Source: Public Records

Agents Affiliated with this Home

  • Matthew Durand

    Seller's Agent in 2020

    Matthew Durand

    Mark A. Dalton & Co., Inc.

    (434) 509-3934

    4 in this area

    215 Total Sales

    Matthew Durand
    Section Image
  • Jamie Dooley

    Buyer's Agent in 2020

    Jamie Dooley

    eXp Realty LLC-Stafford

    (540) 816-8948

    20 in this area

    77 Total Sales

    Jamie Dooley
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325001

APN: 214-A-112-T

Virginia Bedford City County Bedford 24523

501 Edmund St, Bedford, VA

This home is located at 501 Edmund St, Bedford, VA 24523 since 18 May 2020 and is currently estimated at $121,839, approximately $89 per square foot. This property was built in 1930. 501 Edmund St is a home located in Bedford City with nearby schools including Bedford Primary School, Bedford Elementary School, and Liberty Middle School.

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