23 days on rocket

1018 Wheats Valley Rd, Bedford, VA, 24523

$995,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
4 Full Baths, 1 Partial
4,540 SqFt
$219/SqFt
House

Location

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1018 Wheats Valley Rd, Bedford$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Under
Attached GarageYes
Year BuiltNew Const., 2008
HeatingHeat Pump
CoolingHeat Pump
BasementYes
FireplaceLiving Room
ViewMountain(s)
MLS #912092
Lot Size22.69 Acres
StatusActive

About 1018 Wheats Valley Rd

PREVIEW: 11/15 at 4 PM & 11/23 at 11 AM. Auction: List price may not reflect final sales price. List price is starting bid and non-reflective of value. Auction Ends Dec 12 at 3 PM. Property features +/- 22.7 acres with a large home, an authentic country store, log cabin, and bold creek frontage on Gunstock and Overstreet Creek. The main home has 2 levels, with 3 BD and 4.5 BA and 4,900 sq ft. This 2008 home has undergone many recent upgrades. There is a detached log cabin Circa 1760 joined to the main home by a deck. It features 748 sq ft on 1.5 levels with 1 bedroom and 1 bath. Outside of the home there is a studio/workshop with +/- 1,448 sq ft. The former country store features a total of 1,944 sq ft of space. Home has high speed internet

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 2008
  • Stories: 2
  • Living Area: 4,540 SqFt

Listing Office:

  • Office Name: U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Tile - i.e. ceramic
  • Interior: Book Shelves, Cathedral Ceiling, Walk-in-Closet, Wood Stove
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Barn, Covered Porch, Garden Space, Gazebo, Other - See Remarks, Storage Shed

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Under

Lot Features

Lot Information:

  • Lot: Stream, Views
  • Lot Size: 22.69 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Route 460 to Bedford VA. L on Longwood Ave. L to stay on Longwood Ave which turns into Big Island Hwy. L on Colton's Mill Road. Property begins on L just before Wheats Valley Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $219/SqFt

Tax Information:

  • Annual Amount: $4,036
  • 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

1018 Wheats Valley Rd vs Bedford

23 DAYS ON ROCKET

-13 Days

$995,000

+$724K More

$219/SqFt

+$61 More

KEY TAKEAWAY

This property is $724K more than the Median Sold Price and $61/SqFt more than other homes in Bedford, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #912092

Listing Office:

  • Office Name: U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,036$635,600
2020$4,036$635,600
2019$4,036$635,600

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-949456
9
/10
  • Big Island Elementary School

  • 1114 Schooldays Rd

  • 5.31 miles

  • Public District Grades KG-5

school-card-donut-949457
6
/10
  • Otter River Elementary School

  • 1044 Otter River Dr

  • 8.20 miles

  • Public District Grades PK-5

school-card-donut-949458
2
/10
  • Natural Bridge Elementary School

  • 42 Natural Bridge School Rd

  • 9.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,846. Typical income of Bedford, VA residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1018 Wheats Valley Rd

What is the listing price of this property?

The listing price of 1018 Wheats Valley Rd property is $995,000.

What type of property is this?

The property 1018 Wheats Valley Rd is a house located in Bedford, Virginia, 24523.

Is this property for sale now?

Active Listing: 1018 Wheats Valley Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,036 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1018 Wheats Valley Rd has 3 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 1018 Wheats Valley Rd is 4,540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1018 Wheats Valley Rd is 2008.

Rocket Homes›Virginia›Bedford County›Bedford›24523›1018 Wheats Valley Rd

This home is located at 1018 Wheats Valley Rd in Bedford, VA and zip code 24523. This 4,540 square foot home, which was built in 2008, sits on a 22.69 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $995,000.

While more than 1 listings in Bedford, VA in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 12 were sold below. The number of listings in Bedford, VA increased by 5.7% between September 2024 and October 2024. Listings spent 36 days on the market in October 2024, and had a median list price of $270,950 during the same period.

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

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