NOT LISTED FOR SALE

516 Lee St Bedford, VA 24523

Estimated Value: $166,750 - $205,000

2 Beds
1 Bath
928 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $54,000 $58 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $972/month

28 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Ceiling Fan
  • Cottage
  • Storage
  • Bookcases

About This Home

As of August 2012

Bank Owned! What a buy on this adorable cottage. Must see to appreciate! 2 BR, 1 BA, hardwood floors, living room w/wood burning F/P or convert to a gas, lovely dining room, & L/L can be finished for add. living space. New Heat Pump. Driveway in back or street parking. Nice yard & mature landscaping. Pre-approval required for offer. Sold AS-Where IS.

Last Agent to Sell the Property

Charlene Jones

RE/MAX LAKEFRONT REALTY INC License #0225062022 Listed on: 06/19/2012

RE/MAX LAKEFRONT REALTY INC

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $739

Year Built

  • Built in 1948

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 4 Open Parking Spaces

Home Design

  • Single Family Detached Home
  • Manufactured Home
  • Cottage

Interior Spaces

  • 928 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Living Room with Fireplace
  • Storage
  • Laundry on main level

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

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

Outdoor Features

  • Covered Patio or Porch

Schools

  • Bedford Elementary School
  • Liberty High School

Utilities

  • Heat Pump System
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$739

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Interior Features: Book Shelves, Ceiling Fan, Storage
  • Heating System: Heat Pump Electric
  • Fireplace(s): Living Room
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Major Appliances: Dishwasher, Range Electric, Refrigerator
  • Cooling System: Heat Pump Electric
  • Outside Features: Covered Porch, Paved Driveway
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBREntryLevel: 2
  • EntryAboveGrdFin Sq Ft: 928.00
  • ExteriorDoors: Full View
  • Fireplace Number Fireplaces: 1
  • LaundryLaundryLowerLevel: 1
  • Major Area: 06 - Bedford County
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • REOProperties: REO
  • Residential Type: Detached
  • Style Of House: Cottage
  • Total Above Grd Fin S Q F T: 928
  • TotalBdrm: 2
  • TotalBths: 1.00
  • TotalFBaths: 1
  • Total Finished Sq Ft: 928.00
  • TotalUnfin Sq Ft: 742.00
  • UncoveredNumberSpaces: 4.00
  • Unfinished Attached S Q F T Lower S Q F T Unfin Old: 742.00
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1

Interior Features

  • Basement YN: Yes

Exterior Features

  • Porch: Front Porch, Side Porch

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Association/Amenities

  • Misc Features: Maint-Free Exterior, Satellite Dish

Lot Info

  • Lot Description: Level Lot
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.11
  • ZoningCode: R-1

Building Info

  • Year Built: 1948

Tax Info

  • Taxes (6 mo): 738.74

MLS Schools

  • Elementary School: Bedford
  • HighSchool: Liberty High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2017
Sold by
The Bedford 540 Company Llc
Bought by
Davis Anne Mcmullan
Current Estimated Value
$178,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,240
Outstanding Balance
$74,201
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$104,487

Purchase Details

Closed on
Apr 19, 2012
Sold by
Saunders Brad M
Bought by
Virginia Housing Development Authority

Purchase Details

Closed on
Oct 11, 2007
Sold by
Rhodes Diane and Estate Of Anthony T Spence
Bought by
Saunders Brad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,862
Interest Rate
6.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Davis Anne Mcmullan $92,000 Attorney
Virginia Housing Development Authority $67,915 None Available
Saunders Brad M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Anne Mcmullan $89,240
Previous Owner Saunders Brad M $89,862
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2012 08/01/12 Sold $54,000 -15.6% $58 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $64,000 -- $69 / 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 $531 $129,600 $25,000 $104,600
2024 $531 $129,600 $25,000 $104,600
2023 $531 $64,800 $0 $0
2022 $486 $48,550 $0 $0
2021 $486 $97,100 $20,000 $77,100
2020 $486 $97,100 $20,000 $77,100
2019 $486 $97,100 $20,000 $77,100
2018 $449 $86,300 $17,000 $69,300
2017 $449 $86,300 $17,000 $69,300
2016 $449 $86,300 $17,000 $69,300
2015 $449 $86,300 $17,000 $69,300
2014 $447 $85,900 $16,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 782926

Roanoke Valley Association of REALTORS®

APN: 194-A-121-T