NOT LISTED FOR SALE

1018 Summerpark Dr Forest, VA 24551

Estimated Value: $632,000 - $690,000

5 Beds
3.5 Baths
3,756 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $575,000 $153 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,684/month

20 Days on Market

Highlights

  • Community Lake
  • Ranch Style House
  • Screened Porch
  • Great Room with Fireplace
  • Wood Flooring
  • Community Pool

About This Home

As of August 2022

This meticulously maintained 5 bedroom 3 1/2 bath home offers gracious main level living plus a finished terrace level. Move right in and start enjoying the beautifully landscaped yard from the screened porch or two patios. The rocking chair front porch has views of the Lake. An irrigation system is in place for ease of yard maintenance. Walk up floored attic is a bonus for all of your storage or future expansion. The two brick fireplaces and hardwood floors add character and charm not found in new construction today. Dog Fencing is on the interior of the home and yard, a bonus for dog lovers. This move in ready home is perfect for main level living, don't let this one pass you by.

Last Agent to Sell the Property

Kathleen Terrell

John Stewart Walker, Inc License #0225151185 Listed on: 05/31/2022

Last Buyer's Agent

Melissa Murdock

Century 21 ALL-SERVICE License #0225202806

Century 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 2001

Lot Details

  • 0.55 Acre Lot
  • Landscaped
  • Property is zoned R1

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3,756 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Walkup Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • Forest Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 100F-1-205

Community Details

Overview

  • Association fees include lake/pond, neighborhood lights, playground, pool, tennis, trash
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 2001

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • FILLACRES: 0.5500
  • AssocFeeOptional: Required
  • Directions: 221 to Graves Mill Rd To Left on Grouse Trail Right on Summerpark. Home is on a corner lot.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 23958.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 100F-1-205
  • Year Built: 2001
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 78.000000
  • Laundryroom Dim: 8.000 x 6.500
  • Laundryroom Len: 8.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 196.000000
  • Master Bedroom Dim: 14.000 x 14.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 408.000000
  • Other Room1 Len: 24.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Forest Lakes LT 205 Sec 2 Phase 1
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 10.50x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 126.000000
  • Third Bedroom: 11x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 12x10.50 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 126.000000
  • Fifth Bedroom: 17x15 Level: Below Grade
  • Fifth Bedroom Area: 255.000000
  • Above Grade Finished Sq Ft: 2144.00
  • ApplianceConvey: Compactor, Cooktop, Dishwasher, Disposal, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Floored, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Poured Concrete, Walkout
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Year Built Exception: 0
  • Family Room: 17x18 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Den, Gas Log, Glass Doors, Great Room, Wood Burning
  • Formal Dining: 12x13.50 Level: Level 1 Above Grade
  • Foyer: 13x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 35.50x30 Level: Below Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Skylights, Smoke Alarm
  • Dining Kitchen: 20x12 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 8x6.50 Level: Level 1 Above Grade
  • Master Bedroom: 14x14 Level: Level 2 Above Grade
  • Other Room 1: 24x17 Level: Below Grade
  • Porch: 31x5 Level: Level 1 Above Grade
  • Additional Room 1 Description: second patio
  • Screened Porch: 12x12 Level: Level 1 Above Grade
  • FamilyRoom Area: 306.000000
  • GreatRoom Area: 1065.000000
  • Livinggreat Room Dim: 35.500 x 30.000
  • Kitchen Area: 240.000000
  • Laundry Room Area: 52.000000
  • Est Other Room1 Dim: 24.000 x 17.000
  • 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: Pool Nearby, Concrete Drive, Landscaped, Screened Porch, Storm Windows, Storm Doors, Tennis Courts Nearby, Satellite Dish, Undergrnd Utilities, Lake Nearby
  • Patio: 14x12 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 483.000000
  • Garage Dim: 21.000 x 23.000
  • GarageLen: 21.000
  • GarageWid: 23.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Lake/Pond, Neighborhood Lights, Playground, Pool, Tennis, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 83.00

Schools

  • Elementary School #2: Forest Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 3756.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Aug 12, 2022
Sold by
Timothy A Policke Trust
Bought by
Pennix Sherlonzo Rondale and Pennix Lisa Dade
Seller's Agent
Kathleen Terrell
John Stewart Walker, Inc
Buyer's Agent
Melissa Murdock
Century 21 ALL-SERVICE
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$656,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,264
Avg. Annual Appreciation
3.92%
Original Mortgage
$517,500
Outstanding Balance
$493,919
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$162,345

Purchase Details

Closed on
Feb 3, 2012
Sold by
Policke Timothy A and Policke Melanie D
Bought by
Policke Timothy A

Purchase Details

Closed on
Oct 28, 2010
Sold by
Overstreet Charles T and Overstreet Tonya L
Bought by
Overstreet Tonya L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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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
Pennix Sherlonzo Rondale $575,000 Absolute Title
Policke Timothy A -- None Available
Overstreet Tonya L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennix Sherlonzo Rondale $517,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $575,000 0.0% $153 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $575,000 -- $153 / 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 $2,262 $551,700 $85,000 $466,700
2024 $2,262 $551,700 $85,000 $466,700
2023 $2,262 $275,850 $0 $0
2022 $1,926 $192,550 $0 $0
2021 $1,926 $385,100 $75,000 $310,100
2020 $1,926 $385,100 $75,000 $310,100
2019 $1,926 $385,100 $75,000 $310,100
2018 $1,849 $355,500 $65,000 $290,500
2017 $1,849 $355,500 $65,000 $290,500
2016 $1,849 $355,500 $65,000 $290,500
2015 $1,849 $355,500 $65,000 $290,500
2014 $1,777 $341,700 $45,000 $296,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338569

APN: 100F-1-205