$175,000
SOLD APR 23, 2023

5297 Peaks Rd Bedford, VA 24523

3 Beds
1.5 Baths
1,690 Sq Ft
0.27 Acres

Recently Sold

$104 Per Sq Ft

7% Below List Price

9 Days on Market

Highlights

  • Wood Burning Stove
  • Main Floor Bedroom
  • Loft
  • Wood Flooring
  • Whirlpool Bathtub
  • Great Room

About This Home

As of April 2023

Beautiful Country Cottage Bungalow nestled just 5 miles from the Blue Ridge Parkway and Peaks of Otter. An opportunity awaits for this cozy cabin to be your new adventure, as the owner is willing to let it stay furnished as is. (except a few personal items) Perfectly set up for an Airbnb or extended stay business. This home has been upgraded with new plumbing and underground electric to the house, double insulated walls, 1 yr old well pump,1 yr old water tank, Train heat pump, restored Pinewood floors, bathroom has solid cedar walls, Heartwood Pine in Kitchen, Yellow Pine spiral staircase to 3rd bedroom and loft. All appliances to convey as Is

Last Agent to Sell the Property

Kathy Blanchard

Cornerstone Realty Group Inc. License #0225062528 Listed on: 04/14/2023

Last Buyer's Agent

Vivian Pogue

RE/MAX 1st Olympic License #0225047109

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $392

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1,690 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Great Room
  • Loft
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Pine Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9200300

Home Details

Home Type

Single Family

Est. Annual Taxes

$392

Year Built

Built in 1900

Lot Details

0

Listing Details

  • FILLACRES: 0.2700
  • BuildingOnProperty: Storage Building
  • Directions: Take 460 W and make R turn on Timber Ridge Rd until you reach Peaks Rd turn R Across from Kelso Mill in Bedford County
  • Internet Providers: Comcast/Xfinity, Hughes.net, Satellite, Shentel, Verizon, Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 11761.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 9200300
  • Year Built: 1900
  • Heating System: Heat Pump, Wood Stove
  • Building Stories: One and One Half
  • Dwelling Styles: Bungalow
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 169.000000
  • Master Bedroom Dim: 13.000 x 13.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 130.000000
  • Other Room1 Len: 13.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (1 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Liberty High
  • Legal Description: KELSO
  • Middle School2: Liberty Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x9 Level: Level 1 Above Grade
  • Second Bedroom Area: 108.000000
  • Third Bedroom: 13x13 Level: Level 2 Above Grade
  • Third Bedroom Area: 169.000000
  • Above Grade Finished Sq Ft: 1690.00
  • ApplianceConvey: Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Crawl Space
  • Flooring: Pine, Wood
  • Year Built Exception: 0
  • Deck: 12x10 Level: Level 1 Above Grade
  • Family Room: 13x16 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Garden Tub, Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Smoke Alarm, Whirlpool Tub
  • Dining Kitchen: 20x12 Level: Level 1 Above Grade
  • Laundry: Laundry Closet
  • Master Bedroom: 13x13 Level: Level 1 Above Grade
  • Other Room 1: 13x10 Level: Level 2 Above Grade
  • Porch: 11x7 Level: Level 1 Above Grade
  • Additional Room 1 Description: LOFT
  • FamilyRoom Area: 208.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 240.000000
  • Est Other Room1 Dim: 13.000 x 10.000
  • 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

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Undergrnd Utilities

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: Town of Bedford
  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: Well
  • 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: 1690.00

Tax Info

  • Estimated Taxes: 392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2021
Sold by
Schaack Ross D
Bought by
Bedford Parker Properties Llc

Purchase Details

Closed on
May 3, 2017
Sold by
Jpmorgan Chase Bank National Association
Bought by
Schaack Ross D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2016
Sold by
Samuel I White Pc A Professional Corpora
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 9, 2005
Sold by
Croft Michael L and Croft Rose M
Bought by
Lindsay Michael Clay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,877
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $74,000 Fidelity National Title
Special Warranty Deed $37,500 Attorney
Trustee Deed $47,400 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Commercial
Previous Owner $78,877 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 For Sale $229,950 0.0% $136 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $229,950 0.0% $136 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $229,950 +31.4% $136 / Sq Ft
04/23/2023 04/23/23 Sold $175,000 -7.4% $104 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $189,000 -- $112 / 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 $415 $101,100 $18,000 $83,100
2024 $415 $101,100 $18,000 $83,100
2023 $415 $50,550 $0 $0
2022 $370 $37,000 $0 $0
2021 $370 $74,000 $12,000 $62,000
2020 $370 $74,000 $12,000 $62,000
2019 $370 $74,000 $12,000 $62,000
2018 $353 $67,800 $12,000 $55,800
2017 $353 $67,800 $12,000 $55,800
2016 $353 $67,800 $12,000 $55,800
2015 $353 $67,800 $12,000 $55,800
2014 $388 $74,700 $12,000 $62,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343553

APN: 92-7-1A