1232 Centerville Road

Closed / Sold 2/9/16
Closed / Sold 2/9/16
Gallery Image 1
Sold
Last Sold Price
$900,000
14,600 sqft$62/sqft
1232 Centerville Rd, Bedford, VA 24523
Multi FamilyProperty Type
4.10 acresLot Size
1965Year Built
$62/sq ftPrice per sq ft

Description

This is a cash flow ready made investment! Located right across from Liberty High in Bedford County and only 20 minutes outside of Lynchburg. All units in complex has had electrical review, new heat/air unit installed in laundry room, new landscaping, all well pumps have been replaced with new bladder tanks and serviced weekly, Well houses have insulated and thermostat controlled heat lamps to prevent freezing. Exterior is vinyl siding and wood trim has been freshly painted. Customer phone number...This is a cash flow ready made investment! Located right across from Liberty High in Bedford County and only 20 minutes outside of Lynchburg. All units in complex has had electrical review, new heat/air unit installed in laundry room, new landscaping, all well pumps have been replaced with new bladder tanks and serviced weekly, Well houses have insulated and thermostat controlled heat lamps to prevent freezing. Exterior is vinyl siding and wood trim has been freshly painted. Customer phone number can convey along with website, parking lot maintenance is scheduled for December to repair any potholes. Some units have new refrigerators and have been totally refreshed. This apartment complex was renamed from Woodgate to Peaks Crossing and is managed by Brownstone Properties to create a new marketing appeal. This apartment complex has been completely redone and is now a lucrative business. Great Investment Opportunity with little hands on effort needed.
  • Listed by: Katherine Farber • Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest
Listing closed: 02/09/2016 12:00 AM • Source: Lynchburg Association of REALTORS, MLS#: 288764

Recent comparable sales

Median sold price

$675,000

Avg days on market

41

Sale-to-list ratio

95.8%

Bedford, VA

9 comparable properties found

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Bedrooms
Unavailable
Bathrooms
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Square Feet
Unavailable
Acres

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2

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Unavailable
Bedrooms
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Bathrooms
Unavailable
Square Feet
1.09
Acres

1531 Longwood Avenue, Bedford, VA 24523

3

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Sold 01/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.52
Acres

1712 Valleyview Drive, Bedford, VA 24523

4

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Sold 07/31/26

Unavailable
Bedrooms
Unavailable
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Square Feet
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Acres

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Unavailable
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Unavailable
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Unavailable
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Square Feet
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Acres

810 Blue Ridge Avenue, Bedford, VA 24523

$1,150,000 | 3884 Dickerson Mill Road, Bedford, VA 24523
1/74
7

$1,150,000

Sold 05/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
6,520
Square Feet
68.65
Acres

3884 Dickerson Mill Road, Bedford, VA 24523

8

$90,000

Sold 07/01/26

Unavailable
Bedrooms
Unavailable
Bathrooms
10,640
Square Feet
6.83
Acres

1350 Longwood Avenue, Bedford, VA 24523

9

$2,500,000

Sold 04/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
12.7
Acres

906 Adams Street, Bedford, VA 24523

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Location

Listing Courtesy of Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest, Katherine Farber

Sold By Brownstone Properties, Jennipher B Lucado

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$4,910 per month

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Principal and Interest

$4,575

Property Taxes

$335

HOA Dues

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Property Information for 1232 Centerville Road

Property Details
  • Taxes: $4,019 / year
  • MLS Type: Multi-Family / Multi-Family
  • County: Bedford County
  • Directions: Turn left onto US-221 S/Forest Rd 14.1 mi Turn right onto State Rte 671 2.3 mi Continue onto State Rte 644 Destination will be on the right
Building Information
  • Residences: 24
  • Year Built: 1965
  • Lot Size: 4.10 AC / 178,783 SF
Summary
Location and General Information
  • County/City: Bedford
  • State: VA
  • ZIP: 24523
  • Area: Bedford
  • Longitude: .00
  • Latitude: .00
  • City/Town: Bedford
Taxes and HOA
  • Tax Map/Parcel ID: 9409400
  • Estimated Taxes: $4,019.00
  • Taxes Expense: $.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Bedford
Property
Lot Information
  • Acres: 4.1043
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 178783.0
  • Square Footage: 14600.0
  • Square Footage Source: Public Record Manual
  • Est Foundation Sqft: 0.0
  • Est Other Sqft: 0.0
Property and Assessments
  • Property Type: Multi-Family
  • Property Subtype 1: Multi-Family
  • Year Built: 1965
  • Age: 0
  • Financing: Other
  • FIPS Code: 19
  • Legal Description: centerville lt 5
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Allow Auto Estimate: Yes
  • Allow Reviews: Yes
  • Validated: Yes
Utilities
  • Water Expense: $0
  • # of Water Meters: 0
  • Electric Expense: $0
  • # of Electric Meters: 0
  • # of Gas Meters: 0
Interior and Exterior Features
Exterior Features
  • Exterior Finish (AG): Vinyl Siding
  • Attach Doc to DocBox: Lead Based Paint, Profit & Loss Stmnt, Survey, Tax Map
Interior Features
  • Limited Services: No
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 24
  • Number of Unfurnished Units: 24
  • Number of Furnished Units: 0
Unit 1
  • Unit 1 Full Baths: 0
  • Unit 1 Half Baths: 0
  • Unit 1 Rent Amount: $.00
  • Unit 1 Square Feet: 0.0
  • Unit 1 Amenities: Carpet, Dishwasher, Handicapped Access, Range/Oven, Refrigerator, Smoke Alarm
Unit 2
  • Unit 2 Full Baths: 0
  • Unit 2 Half Baths: 0
  • Unit 2 Rent Amount: $.00
  • Unit 2 Square Feet: 0.0
Unit 3
  • Unit 3 Full Baths: 0
  • Unit 3 Half Baths: 0
  • Unit 3 Rent Amount: $.00
  • Unit 3 Square Feet: 0.0
Unit 4
  • Unit 4 Full Baths: 0
  • Unit 4 Half Baths: 0
  • Unit 4 Rent Amount: $.00
  • Unit 4 Square Feet: 0.0
Unit 5
  • Unit 5 Full Baths: 0
  • Unit 5 Half Baths: 0
  • Unit 5 Rent Amount: $.00
  • Unit 5 Square Feet: 0.0
Unit 6
  • Unit 6 Full Baths: 0
  • Unit 6 Half Baths: 0
  • Unit 6 Rent Amount: $.00
  • Unit 6 Square Feet: 0.0
Income and Expenses
  • Gas Expense: $0
  • Heat Expense: $0
  • Insurance Expenses: $0
  • Maintenance Expense: $0
  • Miscellaneous: Common Laundry, Handicapped Access
  • Net Oper Income: $0
  • Annual Gross Income: $0

Property History for 1232 Centerville Road

DateEvent & SourcePriceAppreciation
Feb 9, 2016

Sold

Lynchburg Association of REALTORS #288764

$900,000—
Feb 9, 2016

Pending

Lynchburg Association of REALTORS #288764

—
Feb 8, 2016

Sold (Public Record)

Public Record #1303292975

$900,000

+4.2% / yr

DateEvent & SourcePrice
02/09/2016

Sold

Lynchburg Association of REALTORS #288764

$900,000
02/09/2016

Pending

Lynchburg Association of REALTORS #288764

—
02/08/2016

Sold (Public Record)

Public Record #1303292975

$900,000

+4.2% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1232 Centerville Road

Taxable ValueLand$168,600Additions$972,100Total$1,140,700
Tax Record2026$4,677 ($390 / month)
Home Facts
Baths8Total Finished SqFt4,850 SqFtAbove Grade Finished SqFt4,850 SqFtStories1Lot Size159,112 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965Year Renovated1965CountyBEDFORDAPN94 2 5

Schools near 1232 Centerville Road

This home is within Bedford County Public Schools.
Rating
School
Type
Grades
Distance
Otter River Elementary School
Public - PK to 5
Bedford Middle School
Public - 6 to 8
Liberty High School
Public - 9 to 12
Rating
School
Distance
Otter River Elementary School
PublicPK to 5

Bedford Middle School
Public6 to 8

Liberty High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1232 Centerville Road, Bedford, VA 24523
$900,000
–
–
14,600
178,783
1244 Centerville Road, Bedford, VA 24523
–
–
2
2,428
–
1194 Centerville Road, Bedford, VA 24523
$126,900
4
1,586
22,216
1294 Centerville Road, Bedford, VA 24523
$243,650
3
2,352
159,865
1313 Centerville Road, Bedford, VA 24523
–
3
3
1,981
124,582
1296 Centerville Road, Bedford, VA 24523
$235,000
4
1,620
87,120

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest, Katherine Farber

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.