Seller's Agent in 2020
Bryan Musselwhite CCIM, SIOR
VRC PROPERTIES LLC
(540) 314-7796
12 Total Sales
889 Short St Bedford, VA 24523
Estimated Value: $1,247,703 - $1,685,000
Studio
--
Bath
11,352
Sq Ft
$126/Sq Ft
Est. Value
Highlights
- 2 Acre Lot
- No HOA
- Central Air
About This Home
As of November 2020Liberty Manor Apartments are located in Bedford, VA, within walking distance of downtown and centrally located between Roanoke & Lynchburg. With a blend of quality, design, and comfort, this 24-unit complex offers 2-bedroom, one bath apartments all with dishwashers. Most units enjoy patios with breathtaking views of the Peaks of Otter.
Last Agent to Sell the Property
VRC PROPERTIES LLC License #0225190438 Listed on: 03/09/2020
Last Buyer's Agent
VRC PROPERTIES LLC License #0225190438 Listed on: 03/09/2020
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,250
Year Built
- Built in 1977
Lot Details
- 2 Acre Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 11,352 Sq Ft Home
- Crawl Space
Schools
- Bedford Elementary School
- Liberty Middle School
- Liberty High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Tenant pays for - see remarks
- Legal Lot and Block 2 / 3
Community Details
Overview
- No Home Owners Association
- 24 Units
Building Details
- 24 Leased Units
- Operating Expense $110,452
- Gross Income $167,025
- Net Operating Income $51,880
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2020
Closed on
Nov 27, 2020
Sold by
Liberty Manor Llc
Bought by
Lig Liberty Manor Llc
Seller's Agent
Bryan Musselwhite CCIM, SIOR
VRC PROPERTIES LLC
Buyer's Agent
Bryan Musselwhite CCIM, SIOR
VRC PROPERTIES LLC
List Price
$1,395,000
Sold Price
$1,100,000
Premium/Discount to List
-$295,000
-21.15%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,234
Avg. Annual Appreciation
5.19%
Original Mortgage
$825,000
Outstanding Balance
$735,806
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
$689,428
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lig Liberty Manor Llc | $1,100,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lig Liberty Manor Llc | $825,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2020 11/30/20 | Sold | $1,100,000 | -21.1% | $97 / Sq Ft |
| 08/12/2020 08/12/20 | Pending | -- | -- | -- |
| 03/09/2020 03/09/20 | For Sale | $1,395,000 | -- | $123 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
Tax History Compared to Growth
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 | $4,376 | $1,067,200 | $120,000 | $947,200 |
| 2024 | $4,376 | $1,067,200 | $120,000 | $947,200 |
| 2023 | $4,376 | $533,600 | $0 | $0 |
| 2022 | $3,858 | $385,800 | $0 | $0 |
| 2021 | $3,858 | $771,600 | $80,000 | $691,600 |
| 2020 | $3,858 | $771,600 | $80,000 | $691,600 |
| 2019 | $3,858 | $771,600 | $80,000 | $691,600 |
| 2018 | $3,899 | $749,900 | $60,000 | $689,900 |
| 2017 | $3,899 | $749,900 | $60,000 | $689,900 |
| 2016 | $3,899 | $749,900 | $60,000 | $689,900 |
| 2015 | $3,899 | $749,900 | $60,000 | $689,900 |
| 2014 | $4,085 | $785,600 | $60,000 | $725,600 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Musselwhite CCIM, SIOR
Map
Source: Roanoke Valley Association of REALTORS®
MLS Number: 867608
APN: 235-A-2A-T
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