4 months on rocket

1007 Piedmont St, Bedford, VA, 24523

$359,900

Home List Price

$4,274*

Closing Credit

0 Baths
1,530 SqFt
$235/SqFt
Multi

Location

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1007 Piedmont St, Bedford$359,900

Buyer Closing Credits

$4,274*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street Parking, On-Street, Unpaved Drive
Year Built1957
HeatingHeat Pump
CoolingHeat Pump
MLS #353113
Lot Size0.55 Acres
StatusActive

About 1007 Piedmont St

Attention Investors! Amazing opportunity to own 2 Cash Flowing units in the Heart of Bedford. Both homes were completely renovated 100% in 2020. All new electrical, metal roof, plumbing, New HVAC, flooring, paint, Kitchens, baths, appliances. Currently occupied with long term renters who will renew through July of 2025. Gross Annual Rents roughly $23,000. Tenants responsible for lawn and ultilites. This is a turnkey opportunity to add 2 maintenance free units to your rental portfolio! Possibilities to subdivide through Bedford Planning and Zoning

Property Details

Property Features

Property Information:

  • Year Built: 1957
  • Living Area: 1,530 SqFt

Listing Office:

  • Office Name: Alliance Realty Group
  • Listing Agent: Chris Stokes

Interior Features

Interior Information:

  • Flooring Type: Laminate

Exterior Features

Parking Information:

  • Parking: Off Street Parking, On-Street, Unpaved Drive

Lot Features

Lot Information:

  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: E Main St to Right on Piedmont St. Property on Left

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,900
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $711
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Bedford, VA.

Med. Sold Price

$270.9K

Med. Price/SqFt

$157

Avg. Days On Market

36

# of Sold Homes

18

1007 Piedmont St vs Bedford

134 DAYS ON ROCKET

+98 Days

$359,900

+$88.9K More

$235/SqFt

+$77 More

KEY TAKEAWAY

This property is $88.9K more than the Median Sold Price and $77/SqFt more than other homes in Bedford, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #353113

Listing Office:

  • Office Name: Alliance Realty Group
  • Listing Agent: Chris Stokes

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 06, 2019Home Sold
$116,000

Tax History

YEARPROP. TAXASSESSMENT
2021$711$142,100
2019$595$118,900

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-40873
3
/10
  • Bedford Elementary School

  • 806 Burks Hill Rd

  • 1.47 miles

  • Public District Grades 2-5

school-card-donut-40874
6
/10
  • Otter River Elementary School

  • 1044 Otter River Dr

  • 4.82 miles

  • Public District Grades PK-5

school-card-donut-40875
8
/10
  • New London Academy Elementary School

  • 1133 Academy Ln

  • 11.32 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,648. Residents of Bedford, VA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesVirginiaBedford CountyBedford245231007 Piedmont St

This home is located at 1007 Piedmont St in Bedford, VA and zip code 24523. This 1,530 square foot home, which was built in 1957, sits on a 0.55 acre lot. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $359,900.

In October 2024 more than 1 listings in Bedford, VA were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 12 were sold below. In October 2024 in Bedford, VA there were 5.7% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $270,950, while the average time on the real estate market was 36 days.

From Rocket Homes Real Estate and based on county public records data.

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