1724 Phelps Rd, Bedford, VA, 24523

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1724 Phelps Rd, Bedford$74,000

Buyer Closing Credits

$879^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

Year Built1950

HeatingOther

CoolingWindow Unit(s)

ViewOther

MLS #354095

Lot Size0.77 Acres

StatusActive

About 1724 Phelps Rd

Discover this adorable rustic cottage style home, ideal for first-time homeowners or anyone seeking to escape the cycle of renting. This quaint 2-bedroom residence exudes rustic appeal and is ready to be transformed with a touch of love and personal flair. Nestled in a peaceful neighborhood, it offers the perfect blend of cozy comfort and potential, inviting you to create your own haven. Dont miss this opportunity to invest in a home where character and charm await your vision!

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Property Details

Property Features

Property Information:

• Architectural Style: Other, See Remarks
• Year Built: 1950
• Stories: 1
• Living Area: 500 SqFt

Listing Office:

• Office Name: Virginia Realty Group
• Office Phone: (540) 676-5454
• Listing Agent: Kendra Porter

Interior Features

Interior Information:

• Appliances: Electric Range, Refrigerator
• Basement: No
• Flooring Type: Ceramic Tile, Wood
• Interior: Other, None

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• View: Other
• Exterior: Other

Lot Features

Lot Information:

• Lot Size: 0.77 Acres

Utilities

Utilities Information:

• Heating: Other
• Cooling: Window Unit(s)

Other

Directions Information:

• Directions: From 460-E take 122 exit towards Bedford. Keep left onto 122 S. L on State Rt 735. L on Hwy 24 E. L on State Rt 722. Straight on 725, home is on your L.

Price Information

Listing Price Info

Price Summary:

• List Price: $74,000
• Price Per SqFt: $148/SqFt

Tax Information:

• Annual Amount: $150
• Tax Year: 2021

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Housing Market Comparison

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

Bedford, VA

City

Med. Sold Price

$270.9K

Med. Price/SqFt

$157

Avg. Days On Market

36

# of Sold Homes

18

1724 Phelps Rd vs Bedford

92 DAYS ON ROCKET

+56 Days

$74,000

-$196.9K Less

$148/SqFt

-$10 Less

KEY TAKEAWAY

This property is $196.9K less than the Median Sold Price and $10/SqFt less than other homes in Bedford, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Lynchburg
• MLS Number: #354095

Listing Office:

• Office Name: Virginia Realty Group
• Office Phone: (540) 676-5454
• Listing Agent: Kendra Porter

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: 11/21/2024, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$150	$30,000
2020	$150	$30,000
2019	$150	$30,000

History based on county public records data.

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**Disclosures

Rocket Homes›Virginia›Bedford County›Bedford›24523›1724 Phelps Rd

This home is located at 1724 Phelps Rd in Bedford, VA and zip code 24523. This 500 square foot home, which was built in 1950, sits on a 0.77 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $74,000.

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. Between September 2024 and October 2024, Bedford, VA real estate market has seen increase in the number of listings by 5.7%. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $270,950.

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