NOT LISTED FOR SALE

1015 New Market Loop Forest, VA 24551

Estimated Value: $430,538 - $499,000

4 Beds
2.5 Baths
2,421 Sq Ft
$193/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $327,000 $135 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,739/month

5 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Walk-In Closet
  • Forest Middle School Rated A-
  • Formal Dining Room
  • Home Security System

About This Home

As of May 2020

Bright & spacious home located in convenient location. The 1st floor of this home offers the Greatroom which is open to the Kitchen, and Dining area. A formal Dining area just off the Kitchen can also be used as a Sitting Area. Features include: butlers pantry/serving area, foyer wall sconce, 1/2 Bath, hardwood floors,2 car garage and oversized deck overlooking the level backyard and farm views. The 2nd level offers 4 Bedrooms, 2 full Baths & the Laundry. The Owners Bath offers 2 separate vanities, tiled shower & granite tops. Rooms are spacious & closets are deep & lighted. Hall Bath has double sinks w/granite tops. The lower level has finished space that could serve as a home office, home theater or exercise room, lighting on dimmer. Not to mention the great storage in the unfinished portion,that is roughed-in for a bath. Dbl. doors lead to a concrete patio. Home is located near grocery stores, restaurants and gas stations. Near by is London Downs Golf Club

Last Agent to Sell the Property

KIMBERLY W BUSSEY

TMoore Real Estate Group LLC License #0225053311 Listed on: 04/06/2020

Last Buyer's Agent

Matthew Durand

Mark A. Dalton & Co., Inc. License #0225204692

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,700

Year Built

  • Built in 2017

Lot Details

  • 0.43

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,421 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Formal Dining Room
  • Scuttle Attic Hole

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • New London Academy Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 0.43 Acre Lot
  • Property is near a golf course

Community Details

  • Summerfield Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,700

Year Built

Built in 2017

Lot Details

0

Listing Details

  • AssocFeeOptional: None
  • BuildingOnProperty: Storage Building
  • Directions: Rt. 460 to Thomas Jefferson Road Turn onto Bellevue Road T/L onto Hupps Hill Lane (Summerfield) T/L onto New Market Loop (1st house on the left)
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 18731.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2017
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 14.000
  • Officeden Wid: 16.000
  • Foyer Area: 28.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 14.000 x 16.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Summerfield Lt 40 PB 47/6
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x18 Level: Level 2 Above Grade
  • Second Bedroom Area: 198.000000
  • Third Bedroom: 11x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 10x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 2197.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Self Cleaning Oven
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Heated, Interior Entrance, Poured Concrete, Roughed in Bath, Walkout
  • Breakfast Area: 10x14 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Deck: 12x16 Level: Level 1 Above Grade
  • Den: 14x16 Level: Below Grade
  • Formal Dining: 11x12 Level: Level 1 Above Grade
  • Foyer: 7x4 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 14x18 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Den, Master Bed w/ Bath, Pantry, Security System, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 11x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Second Floor, Washer Connections
  • Master Bedroom: 14x16 Level: Level 2 Above Grade
  • Porch: 6x18 Level: Level 1 Above Grade
  • Den Area: 224.000000
  • GreatRoom Area: 252.000000
  • Livinggreat Room Dim: 14.000 x 18.000
  • Kitchen Area: 132.000000
  • Est Other Room1 Dim: 0.000 x 0.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Storm Doors, Insulated Glass, Undergrnd Utilities, Golf Nearby
  • Patio: 11x16 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 400.000000
  • Garage Dim: 20.000 x 20.000
  • GarageLen: 20.000
  • GarageWid: 20.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Summerfield

Schools

  • School District: Bedford
  • Elementary School #2: New London Academy
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2421.00

Tax Info

  • Estimated Taxes: 1700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 11, 2017
Sold by
Touchdown Properties Llc A Virginia Limi
Bought by
Goodman Eric M
Seller's Agent
KIMBERLY W BUSSEY
TMoore Real Estate Group LLC
Buyer's Agent
Tamera Ferguson
Mark A. Dalton & Co., Inc.
List Price
$299,900
Sold Price
$306,350
Premium/Discount to List
$6,450
2.15%
Total Days on Market
5
Current Estimated Value
$466,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,785
Avg. Annual Appreciation
5.20%
Original Mortgage
$297,159
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Goodman Eric M $306,350 Mid States Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Lewis L $277,900
Closed Goodman Eric M $297,159
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $327,000 -2.4% $135 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $334,900 +9.3% $138 / Sq Ft
05/17/2017 05/17/17 Sold $306,350 +2.2% $139 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $299,900 -- $137 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,565 $381,800 $56,000 $325,800
2023 $1,565 $190,900 $0 $0
2022 $1,407 $140,700 $0 $0
2021 $1,407 $281,400 $55,000 $226,400
2020 $1,407 $281,400 $55,000 $226,400
2019 $1,407 $281,400 $55,000 $226,400
2018 $1,240 $238,500 $40,000 $198,500
2017 $182 $35,000 $35,000 $0
2016 $182 $35,000 $35,000 $0
2015 $182 $35,000 $35,000 $0
2014 $156 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324328

APN: 90507384