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933 Lake Drive

933 Lake Drive, Bedford, VA 24523
Property in Bedford
Sold Apr 24, 2019
$169,500
$169,500 by Wells Fargo Bank Na
Mortgage Due May 01, 2049
Local assessors in Bedford, VA have categorized 933 Lake Drive as a residential type of property. The home was built in 1942 and is 82 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 933 Lake Drive has a total of 1,550 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 228 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 933 Lake Drive sold most recently in Apr 18, 2019 for a total of $169,500. If you work out the math, that's approximately a cost of $109.35 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $821 in taxes each year. 933 Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $100,150. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Type: Finished improved basement
  • Basement Area: 228
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,550
  • Gross Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S SIDE LAKE DR
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S SIDE LAKE DR PT LT 8 & LT 9

Ownership

  • Current Owner : BRIGGS MICHAEL
  • Current Owner 2: BRIGGS ELIZABETH
  • Previous Owner : DEACON LOUISE P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 050102

Geography

  • Parcel: 153 6 8A T
  • Lot: 8-9
  • Latitude: 37.3477
  • Longitude: -79.5311

    Address

  • Full Address: 933 Lake Dr
  • Address - House Number: 933
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Bedford
  • Carrier Code: C004
  • 4-Digit Zip Code: 1313
  • Zip Code: 24523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $821

    Appraisal Valuation

  • Standard Deviation: 0.2376
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 66
  • Final Value: 264,805
  • High Value: 327,728
  • Low Value: 201,882

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 24, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $169,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $200,300
  • Market Land Value: $40,000
  • Market Improvement Value: $160,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,150

    Sales

  • Current Sale Contract Date: Apr 18, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Transaction ID: 11608501679
  • Current Sale Price: $169,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 190003492

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 24, 2019
  • First Mortgage Loan Amount: $169,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Bedford



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Frequently Asked Questions

What neighborhood is 933 Lake Drive located in?
The 933 Lake Drive is a located in the neighborhood of Bedford in Bedford, Bedford.
What is the average sales price for listings in 933 Lake Drive?
The average sales price for units in 933 Lake Drive is $0 currently.

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