$114,000
SOLD SEP 29, 2017

507 Peaks St Bedford, VA 24523

4 Beds
1.5 Baths
2,522 Sq Ft
0.32 Acres

Recently Sold

$45 Per Sq Ft

20% Below List Price

394 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Storm Windows
  • Finished Attic
  • Formal Dining Room
  • 4-minute walk to Bedford Historic District

About This Home

As of July 2022

2500+ sq ft brick 3 story home in the heart of the Town of Bedford w/ a really nice level rear yard. The former owner ran a hair salon out of a side addition for many years & the property has several light commercial uses.The main floor has a long enclosed front porch as well as an enclosed rear porch. There is a huge LR w/ brick FP, a formal DR ,half bath in the former saloon area & an EI kitchen,The 2nd floor has 3 bdrms including a huge master bdrm w/ 2 closets,a large foyer area & full hall bath, the 3rd floor has a huge bdrm w/ 2 walkin closets(no heat or A/C on 3rd floor) .There are hardwood floors throughout the house,some replacement windows & a full unfinished walkout basement.There is off street parking for 3 or 4 vehicles in the rear yard.Walk to restaurants, banking,shopping, or just walk down beautiful Longwood Avenue $23,000 under tax assessment.

Last Agent to Sell the Property

Jeff Barker

RE/MAX 1st Olympic License #0204025572 Listed on: 08/31/2016

RE/MAX 1st Olympic

Last Buyer's Agent

Dee Parsons

BHHS Dawson Ford Garbee-Forest License #0225133318

BHHS Dawson Ford Garbee-Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1932

Lot Details

  • 0.32 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned 1A

Home Design

  • Shingle Roof
  • Metal Roof
  • Plaster

Interior Spaces

  • 2,522 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Attic

  • Attic Floors
  • Walkup Attic
  • Finished Attic

Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 194A17

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,358

Year Built

Built in 1932

Lot Details

0

Listing Details

  • FILLACRES: 0.3200
  • Directions: From Town of Bedford - Take Peaks St to Property on Left
  • Lot Measurement: Acres
  • Lot Sq Ft: 13939.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 194A17
  • Year Built: 1932
  • Heating System: Forced Warm Air-Oil
  • Building Stories: Three Or More
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 25.000 x 13.000
  • Livingroom Len: 25.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 140.000000
  • Master Bedroom Dim: 14.000 x 10.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 10.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 24.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: S Side Peaks St
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 24x9 Level: Level 2 Above Grade
  • Second Bedroom Area: 216.000000
  • Third Bedroom: 11x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 110.000000
  • Fourth Bedroom: 21x13 Level: Level 3 Above Grade
  • Fourth Bedroom Area: 273.000000
  • Above Grade Finished Sq Ft: 2522.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Finished, Floored, Walk-Up Stairs, Windows
  • Has Basement: Exterior Entrance, Interior Entrance, Walkout
  • Flooring: Hardwood, Vinyl
  • Year Built Exception: 0
  • Family Room: 23x11 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room
  • Formal Dining: 14x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Drywall, Main Level Den, Plaster, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 16x11 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 25x13 Level: Level 1 Above Grade
  • Master Bedroom: 14x10 Level: Level 2 Above Grade
  • Porch: 15x6 Level: Level 1 Above Grade
  • Sun Room: 24x7 Level: Level 1 Above Grade
  • FamilyRoom Area: 253.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 176.000000
  • LivingRoom Area: 325.000000
  • 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: 168.000000
  • Sunroom Dim: 24.000 x 7.000

Exterior Features

  • Roof: Metal, Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Storm Windows, Storm Doors

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Window Unit(s)
  • Sewer: City
  • Hot Water: City
  • 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: 2522.00
  • Zoning: 1A

Tax Info

  • Estimated Taxes: 1358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 5, 2022
Sold by
Johansen James M and Johansen Linda S
Bought by
Khol Michael and Khol Laura
Seller's Agent
Dee Parsons
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Jordan Smith
Keeton & Co Real Estate
List Price
$339,900
Sold Price
$319,900
Premium/Discount to List
-$20,000
-5.88%
Current Estimated Value
$313,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,225
Avg. Annual Appreciation
-0.36%
Original Mortgage
$288,000
Outstanding Balance
$276,259
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$40,257
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $319,900 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $319,900 -5.9% $106 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $339,900 +198.2% $112 / Sq Ft
09/29/2017 09/29/17 Sold $114,000 -19.7% $45 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
08/31/2016 08/31/16 For Sale $141,900 -- $56 / 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
2024 $937 $228,600 $35,000 $193,600
2023 $916 $111,750 $0 $0
2022 $849 $84,850 $0 $0
2021 $849 $169,700 $35,000 $134,700
2020 $849 $169,700 $35,000 $134,700
2019 $849 $169,700 $35,000 $134,700
2018 $861 $165,600 $28,000 $137,600
2017 $861 $165,600 $28,000 $137,600
2016 $861 $165,600 $28,000 $137,600
2015 $861 $165,600 $28,000 $137,600
2014 $874 $168,100 $28,000 $140,100
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dee Parsons

    BHHS Dawson Ford Garbee-Forest

    Section Image

  • J

    Buyer's Agent in 2022

    Jordan Smith

    Keeton & Co Real Estate

    Section Image
  • Jeff Barker

    Seller's Agent in 2017

    Jeff Barker

    RE/MAX

    (434) 610-6789

    84 Total Sales

    Jeff Barker
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 300884

APN: 194A17T

Virginia Bedford City County Bedford 24523

507 Peaks St, Bedford, VA

This home is located at 507 Peaks St, Bedford, VA 24523 and is currently priced at $114,000, approximately $45 per square foot. This property was built in 1932. 507 Peaks 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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