NOT LISTED FOR SALE

915 Peaks St Bedford, VA 24523

Estimated Value: $245,000 - $317,000

-- Bed
2 Baths
2,027 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $129,900 $64 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,547/month

109 Days on Market

About This Home

As of May 2019

2 bedroom duplex on the loop in Bedford. This home has been updated with vinyl siding, replacement windows, metal roof, plumbing and electrical. 915A is currently rented to a great tenant that would like to stay. 915B was vacated 1/2/19. The B unit was updated 6 months ago with new flooring, paint, kitchen cabinets and countertops. This home has a large yard that the tenants maintain. Tenants pay all utilities. Included is a storage shed for the tenants to store the extras and mowers. Owner is a licensed real estate agent in Virginia.

Last Agent to Sell the Property

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 01/07/2019

Last Buyer's Agent

Scott Estes

RE/MAX 1st Olympic License #0225201277

RE/MAX 1st Olympic

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1900

Lot Details

  • 0.94 Acre Lot

Home Design

  • 2,027 Sq Ft Home

Flooring

  • Wood
  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Unpaved Driveway

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 153-A-20

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Water Meters
  • Insurance Expense $500
  • Maintenance Expense $500
  • New Taxes Expense $1,006
  • Gross Income $15,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,006

Year Built

Built in 1900

Lot Details

0

Listing Details

  • FILLACRES: 0.9400
  • Directions: From the heart of Bedford take Bridge Street to Peaks Street
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 40946.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 153-A-20
  • Year Built: 1900
  • Heating System: Heat Pump
  • Unit Info Number Unfurnished Units: 2
  • Taxes Expense: 1006.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: 0.94 Ac located on Peaks Street as shown in Wb 94 pg 358. PEAKS STREET
  • Reciprocal Listing: No
  • Flooring: Carpet, Vinyl, Wood Floors, Other
  • Year Built Exception: 0
  • Walls: Drywall

Garage/Parking

  • Parking: 2 Spaces/Unit, Unpaved Drive

Utilities

  • Utility Electric: City of Bedford
  • Cooling: Heat Pump
  • Sewer: City
  • Hot Water: City
  • Water Heater: Electric
  • Number Of Water Meters: 2

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Fee Information

  • Insurance Expenses: 500.00

Schools

  • School District: Bedford
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2027.00
  • Zoning: R-1

Rental Info

  • Types Of Leases: 1 Year Lease

Tax Info

  • Estimated Taxes: 1006

Multi Family

  • Annual Gross Income: 15300.00
  • Maintenance Expense: 500.00
  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
May 23, 2019
Sold by
Lone Wolf Investments Llc
Bought by
Bennett Jason E
Seller's Agent
Jimmy Miller
John Stewart Walker, Inc
Buyer's Agent
Scott Estes
RE/MAX 1st Olympic
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$279,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,615
Avg. Annual Appreciation
13.64%
Original Mortgage
$103,920
Outstanding Balance
$91,560
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$199,522
Source: Public Records

Range of Values:

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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
Bennett Jason E $129,900 Reliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Jason E $103,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $129,900 0.0% $64 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $129,900 -- $64 / 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 $695 $169,400 $30,000 $139,400
2024 $695 $169,400 $30,000 $139,400
2023 $695 $84,700 $0 $0
2022 $616 $61,600 $0 $0
2021 $616 $123,200 $20,000 $103,200
2020 $616 $123,200 $20,000 $103,200
2019 $616 $123,200 $20,000 $103,200
2018 $623 $119,800 $20,000 $99,800
2017 $623 $119,800 $20,000 $99,800
2016 $623 $119,800 $20,000 $99,800
2015 $623 $119,800 $20,000 $99,800
2014 $654 $125,800 $18,000 $107,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jimmy Miller

    John Stewart Walker, Inc

    Section Image
  • Scott Estes

    Buyer's Agent in 2019

    Scott Estes

    RE/MAX

    17 Total Sales

    Scott Estes
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 316063

APN: 153-A-20-T

Virginia Bedford City County Bedford 24523

915 Peaks St, Bedford, VA

This home is located at 915 Peaks St, Bedford, VA 24523 since 07 January 2019 and is currently estimated at $279,515, approximately $137 per square foot. This property was built in 1900. 915 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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