NOT LISTED FOR SALE

1018 New Market Loop Forest, VA 24551

Estimated Value: $418,095 - $510,000

4 Beds
2.5 Baths
2,366 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $307,250 $130 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,590/month

Highlights

  • Wood Flooring
  • Great Room
  • Walk-In Closet
  • Forest Middle School Rated A-
  • Formal Dining Room
  • En-Suite Primary Bedroom

About This Home

As of May 2020

New Construction. Lower level offers wide entry Foyer. Flex room can be used as formal dining, office or Living Room. Open Great Room, Eat-in Dinning and Kitchen Island Breakfast bar. Ample cabinets and granite countertop space.5x8 walk in pantry.Pull out double trash container, drop zone has USB outlet. Upper level has 4 Bedrooms, Laundry Owners suite includes sitting area, large walk-in closet. All Bedrooms offer USB outlets. Notice the stair lighting. DISCLOSURE: Owner/Agent and PHOTOS Similar to listing.

Last Agent to Sell the Property

Kim W BUSSEY

TMoore Real Estate Group LLC License #0225053311 Listed on: 05/18/2020

Last Buyer's Agent

Betsy Ferguson

Lynchburg's Finest Team LLC License #0225197755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 2020

Lot Details

  • 0.26 Acre Lot
  • Landscaped
  • Property is zoned R-SF

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,366 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • 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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near a golf course

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
  • Cable TV Available

Community Details

  • Summerfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 153-25-76

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,400

Year Built

Built in 2020

Lot Details

0

Listing Details

  • FILLACRES: 0.2600
  • Directions: Rt 460 to Thomas Jefferson Road. Turn onto Bellevue Road, Turn Left onto Hupps Hill Lane T/L onto New Market Loop. On corner.
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 11326.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 153-25-76
  • Year Built: 2020
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 60.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 286.000000
  • Master Bedroom Dim: 13.000 x 22.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 22.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 120.000000
  • Other Room1 Len: 10.000
  • Other Room2 Area: 40.000000
  • Other Room2 Len: 5.000
  • Special Features: NewHome
  • 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 76 PB 47/6
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 10x19 Level: Level 2 Above Grade
  • Second Bedroom Area: 190.000000
  • Third Bedroom: 11x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 11x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 2366.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Slab
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Foyer: 5x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 16x19 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Drywall, Great Room, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 18x21 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Second Floor, Washer Connections
  • Master Bedroom: 13x22 Level: Level 2 Above Grade
  • Other Room 1: 10x12 Level: Level 1 Above Grade
  • Other Room 2: 5x8 Level: Level 1 Above Grade
  • Porch: 5x19 Level: Level 1 Above Grade
  • Additional Room 1 Description: DR/Office/LR5
  • Additional Room 2 Description: Pantry
  • GreatRoom Area: 304.000000
  • Livinggreat Room Dim: 16.000 x 19.000
  • Kitchen Area: 378.000000
  • Est Other Room1 Dim: 10.000 x 12.000
  • Est Other Room2 Dim: 5.000 x 8.000
  • 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

  • Lot Number: Lot 76
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Landscaped, Insulated Glass, Undergrnd Utilities, Golf Nearby
  • Patio: 12x12 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 440.000000
  • Garage Dim: 22.000 x 20.000
  • GarageLen: 22.000
  • 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

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

Lot Info

  • Lot Sq Ft: 2366.00
  • Zoning: R-SF

Tax Info

  • Estimated Taxes: 1400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2019
Sold by
Touchdown Properties Llc
Bought by
Precise Properties Inc
Current Estimated Value
$469,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$196,676
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$272,348
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Precise Properties Inc $45,000 Absolute Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Precise Properties Inc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $307,250 -0.9% $130 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $309,900 -- $131 / 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 $1,470 $358,600 $54,000 $304,600
2024 $1,470 $358,600 $54,000 $304,600
2023 $1,470 $179,300 $0 $0
2022 $1,439 $143,900 $0 $0
2021 $1,439 $287,800 $52,000 $235,800
2020 $250 $50,000 $50,000 $0
2019 $250 $50,000 $50,000 $0
2018 $218 $42,000 $42,000 $0
2017 $218 $42,000 $42,000 $0
2016 $218 $42,000 $42,000 $0
2015 $218 $42,000 $42,000 $0
2014 $172 $33,000 $33,000 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kim W BUSSEY

    TMoore Real Estate Group LLC

    (434) 907-7808

    23 Total Sales

    Kim W BUSSEY
    Section Image
  • Betsy Ferguson

    Buyer's Agent in 2020

    Betsy Ferguson

    Lynchburg's Finest Team LLC

    (434) 941-8699

    147 Total Sales

    Betsy Ferguson
    Section Image

  • R

    Buyer Co-Listing Agent in 2020

    Robin Lee

    Legacy Realty and Development

    (434) 238-4477

    56 Total Sales

    Robin Lee
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325028

APN: 153-25-76

Virginia Bedford County Forest 24551

1018 New Market Loop, Forest, VA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes