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1045 Revelry Point

1045 Revelry Point, Forest, VA 24551
Property in Bedford
Sold Jun 07, 2022
$825,000
$647,200 by Movement Mortgage Llc
Mortgage Due Jul 01, 2052
Sold May 15, 2015
$122,000
$417,000 by First National Bank
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 163,786 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1045 Revelry Point was last sold in Jun 2, 2022 for $825,000. Prior to that sales transaction, the property was sold for $122,000 in Jan 1, 1970. Current property owners are expected to pay $3,371 in taxes per year. The property on 1045 Revelry Point was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $411,050. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Board and Batten Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 163,786
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST CROSSING
  • Land Acres: 3.76
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: WEST CROSSING SEC 3 LT 14 PB 56/176

Ownership

  • Current Owner : LEE TIMOTHY D
  • Current Owner 2: LEE JESSICA J
  • Previous Owner : CASSADY JOHN W
  • Previous Owner 2: CASSADY REGINA A
  • Owner Before Previous Owner: MILKY WAY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030103

Geography

  • Section: 3
  • Parcel: 115 16 14
  • Lot: 1
  • Municipality: JEFFERSON
  • Latitude: 37.3517
  • Longitude: -79.3382

    Address

  • Full Address: 1045 Revelry Pt
  • Address - House Number: 1045
  • Address - Street Name: Revelry
  • Address - Suffix Type: Pt
  • State: VA
  • City Name: Forest
  • Carrier Code: R004
  • 4-Digit Zip Code: 2179
  • Zip Code: 24551

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,371

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 872,440
  • High Value: 1,027,788
  • Low Value: 717,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $647,200
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 07, 2022
  • First Open Lien Mortgage Loan Amount: $647,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $822,100
  • Market Land Value: $132,100
  • Market Improvement Value: $690,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,050

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Transaction ID: 11890032936
  • Current Sale Price: $825,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6500
  • Previous Sale Recording Date: May 15, 2015
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 07, 2022
  • First Mortgage Loan Amount: $647,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK
  • Previous Mortgage Transaction Date: May 15, 2015
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Land Contract (Argmt. Of Sale)

About Bedford



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Frequently Asked Questions

What neighborhood is 1045 Revelry Point located in?
The 1045 Revelry Point is a located in the neighborhood of Bedford in Bedford, Forest.
What is the average sales price for listings in 1045 Revelry Point?
The average sales price for units in 1045 Revelry Point is $0 currently.

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