NOT LISTED FOR SALE

7705 Virginia Byway Bedford, VA 24523

Estimated Value: $135,000 - $192,000

3 Beds
1 Bath
920 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $79,000 $86 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $893/month

66 Days on Market

Highlights

  • Property is near a beach
  • Community Lake
  • Garden
  • Mountain View
  • Ranch Style House
  • Landscaped

About This Home

As of May 2016

Take a beautiful drive to visit this completely remodeled, one story home on a level 1/2 acre lot in Bedford County. Only 10 minutes from Bedford, 20 minutes to Lynchburg & 15 minutes to Smith Mtn Lake! Move-in ready! Motivated sellers!

Last Agent to Sell the Property

Thomas Wolcott

NextHome TwoFourFive License #0225104143 Listed on: 02/01/2016

NextHome TwoFourFive

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $375

Year Built

  • Built in 1975

Lot Details

  • 0.49 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned AP

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 920 Sq Ft Home
  • Mountain Views
  • Crawl Space
  • Scuttle Attic Hole
  • Storm Doors
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Moneta Elementary School
  • Staunton River Midl Middle School
  • Staunton River High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Property is near a beach
  • Property is near a golf course

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 183-A-43A

Home Details

Home Type

Single Family

Est. Annual Taxes

$375

Year Built

Built in 1975

Lot Details

0

Listing Details

  • FILLACRES: 0.4900
  • Directions: From Lynchburg-460W, Left on New London to stop, Rt on VA-24, continue on VA-43 VA Byway, home on left right after Otter Hill RD. From Bedford-South on VA-43, Approx. 8 miles to home on right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 21344.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 183-A-43A
  • Year Built: 1975
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 11.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 132.000000
  • Master Bedroom Dim: 12.000 x 11.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 11.000
  • 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: 3
  • Broker Approved: Yes
  • High School2: Staunton River High
  • Legal Description: Country Side Lot 1
  • Middle School2: Staunton River Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 12x7 Level: Level 1 Above Grade
  • Third Bedroom Area: 84.000000
  • Above Grade Finished Sq Ft: 920.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Breakfast Area: 10x8 Level: Level 1 Above Grade
  • Flooring: Carpet, Laminate, Vinyl
  • Year Built Exception: 0
  • Level 1 Full Bathrooms: 1
  • Interior Amenities: Cable Connections, Drywall, Main Level Bedroom
  • Dining Kitchen: 12x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 15x11 Level: Level 1 Above Grade
  • Master Bedroom: 12x11 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • LivingRoom Area: 165.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped, Storm Doors, Satellite Dish, Mountain Views, Lake Nearby, Public Beach Nearby, Golf Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 920.00
  • Zoning: AP

Tax Info

  • Estimated Taxes: 375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
May 24, 2016
Sold by
Dowdy Sandra G and Dowdy Whitney A
Bought by
Tyler Brett R
Seller's Agent
Thomas Wolcott
NextHome TwoFourFive
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$79,000
Sold Price
$79,000
Current Estimated Value
$158,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,715
Avg. Annual Appreciation
7.27%
Original Mortgage
$81,233
Outstanding Balance
$65,543
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$85,765

Purchase Details

Closed on
Jul 28, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Dowdy Sandra G

Purchase Details

Closed on
Apr 11, 2011
Sold by
Samuel Lwhite Pc
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
Tyler Brett R $79,000 Fidelity National Title
Dowdy Sandra G $25,000 Fideltiy National Title
Federal Home Loan Mortgage Corporation $59,850 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler Brett R $81,233
Previous Owner Langhorne Clara J $62,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Sold $79,000 0.0% $86 / Sq Ft
04/07/2016 04/07/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $79,000 -- $86 / 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 $340 $82,900 $22,000 $60,900
2024 $340 $82,900 $22,000 $60,900
2023 $340 $41,450 $0 $0
2022 $347 $34,700 $0 $0
2021 $347 $69,400 $20,000 $49,400
2020 $347 $69,400 $20,000 $49,400
2019 $347 $69,400 $20,000 $49,400
2018 $353 $67,900 $20,000 $47,900
2017 $353 $67,900 $20,000 $47,900
2016 $353 $67,900 $20,000 $47,900
2015 $353 $67,900 $20,000 $47,900
2014 $301 $57,900 $18,000 $39,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 296457

APN: 183-A-43A