NOT LISTED FOR SALE

1015 New Market Loop Forest, VA 24551

Estimated Value: $436,002 - $514,000

4 Beds
2.5 Baths
2,421 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 20, 2020

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

Est. 45% increase in value since last sale

Current estimated payment $2,713/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

Kim 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

  • FILLACRES: 0.4300
  • 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
Kim 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%
Current Estimated Value
$475,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,651
Avg. Annual Appreciation
5.35%
Original Mortgage
$297,159
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

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
2025 $1,565 $381,800 $56,000 $325,800
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

  • K

    Seller's Agent in 2020

    Kim W BUSSEY

    TMoore Real Estate Group LLC

    Section Image
  • Matthew Durand

    Buyer's Agent in 2020

    Matthew Durand

    Mark A. Dalton & Co., Inc.

    (434) 509-3934

    215 Total Sales

    Matthew Durand
    Section Image

  • T

    Buyer's Agent in 2017

    Tamera Ferguson

    Mark A. Dalton & Co., Inc.

    (434) 444-0025

    34 Total Sales

    Tamera Ferguson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324328

APN: 153-25-40

Virginia Bedford County Forest 24551

1015 New Market Loop, Forest, VA

This home is located at 1015 New Market Loop, Forest, VA 24551 since 06 April 2020 and is currently estimated at $475,001, approximately $196 per square foot. This property was built in 2017. 1015 New Market Loop is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

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