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1070 Kensington Parkway

1070 Kensington Parkway, Forest, VA 24551
Property in Bedford
Sold Sep 17, 2021
$425,000
$401,771 by First National Bank Va
Mortgage Due Aug 01, 2036
Sold Jul 16, 2008
$329,900
$313,405 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2038
1070 Kensington Parkway has been categorized by the local assessors in Forest, VA as a residential type of property. The building on the property was first built in 1999 and is 25 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1070 Kensington Parkway has 2,360 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,180 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 27,878 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1070 Kensington Parkway sold most recently in Sep 14, 2021 for a total of $425,000. If you work out the math, that's approximately a cost of $180.08 per sqft. Before that, the property was also sold for $329,900 in Jul 8, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,913 in taxes each year. 1070 Kensington Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $233,350. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,180
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 27,878
  • Total Building Area: 2,360
  • Gross Building Area: 2,360
  • Building Area: 2,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON
  • Land Acres: 0.64
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KENSINGTON LT 4 SEC 1

Ownership

  • Current Owner : BROWN CHRISTOPHER J
  • Current Owner 2: BROWN KIMBERLY A
  • Previous Owner : CASSADA ERNEST W
  • Previous Owner 2: CASSADA TINA G
  • Owner Before Previous Owner: CARVAJAL WILLIAM
  • Owner Before Previous Owner 2: ROBERTS CAROLE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030203

Geography

  • Section: 1
  • Parcel: 134 4 4
  • Lot: 4
  • Municipality: JEFFERSON
  • Latitude: 37.3386
  • Longitude: -79.3329

    Address

  • Full Address: 1070 Kensington Pkwy
  • Address - House Number: 1070
  • Address - Street Name: Kensington
  • Address - Suffix Type: Pkwy
  • State: VA
  • City Name: Forest
  • Carrier Code: R004
  • 4-Digit Zip Code: 4270
  • Zip Code: 24551

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,913

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 496,140
  • High Value: 594,886
  • Low Value: 397,394

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $401,771
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK VA
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $401,771
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036

    Market Valuation

  • Market Total Value: $466,700
  • Market Land Value: $70,000
  • Market Improvement Value: $396,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,350

    Sales

  • Current Sale Contract Date: Sep 14, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Transaction ID: 11862161373
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 210013450
  • Previous Sale Recording Date: Jul 16, 2008
  • Previous Sale Contract Date: Jul 08, 2008
  • Previous Sale Amount: $329,900
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK VA
  • First Mortgage Transaction Date: Sep 17, 2021
  • First Mortgage Loan Amount: $401,771
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 16, 2008
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $313,405
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Bedford



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Frequently Asked Questions

What neighborhood is 1070 Kensington Parkway located in?
The 1070 Kensington Parkway is a located in the neighborhood of Bedford in Bedford, Forest.
What is the average sales price for listings in 1070 Kensington Parkway?
The average sales price for units in 1070 Kensington Parkway is $0 currently.

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