new - 1 day on rocket
$205,000
$2,434*
Closing Credit
1016 Madison, Bedford$205,000
Buyer Closing Credits
$2,434*
1.25% Loan Amount
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1 (855) 200-2001About 1016 Madison
Welcome t0 1016 Madison St., a charming, cozy 2-bedroom, 1.5 bathroom cottage located in a peaceful neighborhood, ideal for first-time homebuyers or anyone seeking low-maintenance lifestyle. This cozy home features two spacious bedrooms, a functional kitchen, and a conveniently located bathroom on main floor, all within a manageable layout thats easy to maintain. In addition to its stylish remodel, the home has been upgraded for energy efficiency, with added insulation in the crawl space and professional air sealing by a BPI-certified technician. A blower door test confirmed the homes exceptional energy performance. All offers are welcome- make yours today!
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Price Summary:
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See how this home compares to others in Bedford, VA.
City
Med. Sold Price
$282K
Med. Price/SqFt
$159
Avg. Days On Market
43
# of Sold Homes
26
1016 Madison vs Bedford
1 DAY ON ROCKET
-42 Days
$205,000
-$77K Less
$230/SqFt
+$71 More
KEY TAKEAWAY
This property is $77K less than the Median Sold Price and $71/SqFt more than other homes in Bedford, VA.
Based on homes sold in the last 12 months
MLS Information:
Listing Office:
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: 12/21/2024, 12:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
We're sorry, we currently don't have sales or tax history data for this listing.
$1,091
Per Month
$1,024
$0
$0
$67
$0
$0
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$681
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NMLS#3030
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
Bedford Elementary School
806 Tiger Trl
Distance between this listing and this school1.39 miles
Public District Grades 2-5
Otter River Elementary School
1044 Otter River Dr
Distance between this listing and this school4.82 miles
Public District Grades PK-5
Montvale Elementary School
1 Little Patriot Dr
Distance between this listing and this school10.99 miles
Public District Grades PK-5
The neighbors living near this home have an average income of $43,156. Residents of Bedford, VA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
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Rocket Homes›Virginia›Bedford County›Bedford›24523›1016 Madison
This home is located at 1016 Madison in Bedford, VA and zip code 24523. This 890 square foot home, which was built in 1940, sits on a 0.25 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $205,000.
In November 2024, from all listings sold in Bedford, VA there were more than 5 sold above asking price, over 9 sold below and more than 12 were sold right at the asked price. The number of homes for sale in Bedford, VA increased by 13.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 43 days, the median list price was $282,000.
From Rocket Homes Real Estate and based on county public records data.
