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1625 Forbes Mill Road

1625 Forbes Mill Road, Bedford, VA 24523
Property in Bedford
Sold Jun 08, 2023
$621,500
Sold Aug 22, 2019
$240,000
$192,000 by Home Point Financial Corporati
Mortgage
1625 Forbes Mill Road has been categorized by the local assessors in Bedford, VA as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1625 Forbes Mill Road has 1,541 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,541 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 48,352 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 560 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. The property was last sold in Jun 2, 2023 for $621,500. That's $403.31 per sqft. Prior to that sales transaction, the property was also sold in Aug 13, 2019 for $240,000. 1625 Forbes Mill Road was last assessed in 2023. The total value of the property was assessed at $154,000. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,263. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,541
  • Garage Type: Garage
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 48,352
  • Total Building Area: 1,541
  • Gross Building Area: 1,541
  • Building Area: 1,541
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,541
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEAVER BROOK
  • Land Acres: 1.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEAVER BROOK LT 5

Ownership

  • Current Owner : KOBISCHEN ERIC
  • Current Owner 2: KOBISCHEN WANDA
  • Previous Owner : EGENOLF KIMBERLY D
  • Owner Before Previous Owner: UNDERWOOD JIMMIE
  • Owner Before Previous Owner 2: UNDERWOOD SUSAN E
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030300

Geography

  • Parcel: 93 7 5
  • Lot: 5
  • Municipality: PEAKS
  • Latitude: 37.3928
  • Longitude: -79.514

    Address

  • Full Address: 1625 Forbes Mill Rd
  • Address - House Number: 1625
  • Address - Street Name: Forbes Mill
  • Address - Suffix Type: Rd
  • State: VA
  • City Name: Bedford
  • Carrier Code: R005
  • 4-Digit Zip Code: 6700
  • Zip Code: 24523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,263

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 352,145
  • High Value: 410,711
  • Low Value: 293,579

    Market Valuation

  • Market Total Value: $308,000
  • Market Land Value: $50,000
  • Market Improvement Value: $258,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,000

    Sales

  • Current Sale Contract Date: Jun 02, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Transaction ID: 11908081373
  • Current Sale Price: $621,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4602
  • Previous Sale Recording Date: Aug 22, 2019
  • Previous Sale Contract Date: Aug 13, 2019
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • Previous Mortgage Transaction Date: Aug 22, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $192,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Bedford



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Frequently Asked Questions

What neighborhood is 1625 Forbes Mill Road located in?
The 1625 Forbes Mill Road is a located in the neighborhood of Bedford in Bedford, Bedford.
What is the average sales price for listings in 1625 Forbes Mill Road?
The average sales price for units in 1625 Forbes Mill Road is $0 currently.

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