NOT LISTED FOR SALE

1021 Otelia Ct Forest, VA 24551

Estimated Value: $855,000 - $892,000

4 Beds
4.5 Baths
6,320 Sq Ft
$139/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $725,000 $115 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,855/month

44 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Farmhouse Style Home
  • Forest Elementary School Rated A-
  • Main Floor Bedroom
  • Whirlpool Bathtub

About This Home

As of August 2022

Stunning brick home boasting main level living in sought-after Gilfield/Ivy Hill, close to golf, pool, clubhouse. MUST SEE 3-D TOUR and floor plan. Nicely landscaped on large 1.3 acre lot backing to woods. Prepare to be amazed, open foyer with unique barrel/coffered ceiling, foyer flanked with living room/office, dining room. Fabulous great room with fireplace, built-ins open to incredible chef's kitchen with large center island, peninsular bar for seating, gorgeous cabinets, granite counters, stainless appliances, walk-in pantry. Kitchen open to breakfast nook, and cozy sitting area. Entertain on large rear deck, or covered porch. Main level en-suite master with pampering master bath, tile shower, private entry to deck. Second level boasts bedroom suite with office, lovely bath, with tub, tile shower, multiple bedrooms on second level, hall full bath, huge playroom. Terrace level features family room/game area, movie theatre, 3rd bedroom suite. TRULY AMAZING HOME!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 06/27/2022

Re/Max 1st Olympic

Last Buyer's Agent

Jimmy Marston

Mustard Seed Realty License #0225228613

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 2015

Lot Details

  • 1.3 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Farmhouse Style Home
  • Shingle Roof

Interior Spaces

  • 6,320 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Screened Porch
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Basement

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

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Driveway

Location

  • Property is near golf course

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • Gilfield Village Sec 3 Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 90506012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 2015

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • FILLACRES: 1.3000
  • AssocFeeOptional: Required
  • Directions: Perrowville Road to Ivy Hill onto Quail Ridge to right on Eastwind, left on Gilfield Drive, left on Smartview to left on Otelia, home on right. Or, Cottontown Road to left into Gilfield Village, right on Smartview, left on Otelia, home on right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 56628.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90506012
  • Year Built: 2015
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Farm House
  • Foyer Area: 104.000000
  • Laundryroom Dim: 10.000 x 7.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 285.000000
  • Master Bedroom Dim: 19.000 x 15.000
  • Masterbedroom Len: 19.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 13.000 x 12.000
  • Other Room1 Area: 352.000000
  • Other Room1 Len: 22.000
  • Other Room2 Area: 198.000000
  • Other Room2 Len: 18.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: GILFIELD VILLAGE SEC 3 REVISED
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 13x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 13x11 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 143.000000
  • Fifth Bedroom: 15x14 Level: Below Grade
  • Fifth Bedroom Area: 210.000000
  • Above Grade Finished Sq Ft: 4456.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Breakfast Area: 13x8 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Year Built Exception: 0
  • Deck: 30x12 Level: Level 1 Above Grade
  • Family Room: 32x28 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 16x15 Level: Level 1 Above Grade
  • Foyer: 8x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Great Room: 22x16 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, Garden Tub, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 21x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x7 Level: Level 1 Above Grade
  • Master Bedroom: 19x15 Level: Level 1 Above Grade
  • Office: 13x12 Level: Level 1 Above Grade
  • Other Room 1: 22x16 Level: Level 2 Above Grade
  • Other Room 2: 18x11 Level: Below Grade
  • Porch: 48x7 Level: Level 1 Above Grade
  • Additional Room 1 Description: Bonus Room
  • Additional Room 2 Description: Media Room/Theatre
  • Screened Porch: 17x15 Level: Level 1 Above Grade
  • FamilyRoom Area: 896.000000
  • GreatRoom Area: 352.000000
  • Livinggreat Room Dim: 22.000 x 16.000
  • Kitchen Area: 273.000000
  • Laundry Room Area: 70.000000
  • Office Area: 156.000000
  • Est Other Room1 Dim: 22.000 x 16.000
  • Est Other Room2 Dim: 18.000 x 11.000
  • 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: 21
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Screened Porch, Insulated Glass, Undergrnd Utilities, Lake Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Oversized
  • Garage Area: 690.000000
  • Garage Dim: 23.000 x 30.000
  • GarageLen: 23.000
  • GarageWid: 30.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 82.00
  • Subdivision Complex: Gilfield Village Sec 3

Schools

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

Lot Info

  • Lot Sq Ft: 6320.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 14, 2022
Sold by
Bousquet Jr Roland R
Bought by
Stout Martin P and Stout Elizabeth D
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Jimmy Marston
Mustard Seed Realty
List Price
$768,500
Sold Price
$725,000
Premium/Discount to List
-$43,500
-5.66%
Current Estimated Value
$880,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,962
Avg. Annual Appreciation
5.93%

Purchase Details

Listed on
Jun 12, 2015
Closed on
Nov 4, 2015
Sold by
Chamberland Construction Inc A Virginia
Bought by
Bousquet Roland R
Seller's Agent
Teresa Grant
Keller Williams
Buyer's Agent
R Smawley
Century 21 ALL-SERVICE
List Price
$524,900
Sold Price
$524,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%
Original Mortgage
$349,900
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2014
Sold by
Augusta Enterprises Lp
Bought by
Chamberland Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Stout Martin P $725,000 Old Republic National Title
Bousquet Roland R $524,900 Advantage Title & Closing
Chamberland Construction Inc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bousquet Roland R $349,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2022 08/17/22 Sold $725,000 -5.7% $115 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $768,500 +46.4% $122 / Sq Ft
11/17/2015 11/17/15 Sold $524,900 0.0% $118 / Sq Ft View Prior Sale
08/06/2015 08/06/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $524,900 -- $118 / 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 $2,950 $719,600 $85,000 $634,600
2024 $2,950 $719,600 $85,000 $634,600
2023 $2,950 $359,800 $0 $0
2022 $2,830 $282,950 $0 $0
2021 $2,830 $565,900 $70,000 $495,900
2020 $2,830 $565,900 $70,000 $495,900
2019 $2,830 $565,900 $70,000 $495,900
2018 $2,790 $536,600 $60,000 $476,600
2017 $2,609 $501,700 $60,000 $441,700
2016 $2,609 $501,700 $60,000 $441,700
2015 $312 $60,000 $60,000 $0
2014 $338 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Nadine Blakely

    Seller's Agent in 2022

    Nadine Blakely

    RE/MAX

    (434) 444-2226

    385 Total Sales

    Nadine Blakely
    Section Image

  • J

    Buyer's Agent in 2022

    Jimmy Marston

    Mustard Seed Realty

    (434) 610-7155

    69 Total Sales

    Jimmy Marston
    Section Image
  • Teresa Grant

    Seller's Agent in 2015

    Teresa Grant

    Keller Williams

    (434) 546-3202

    275 Total Sales

    Teresa Grant
    Section Image
  • Tina Friar

    Seller Co-Listing Agent in 2015

    Tina Friar

    Keller Williams

    (434) 660-6020

    201 Total Sales

    Tina Friar
    Section Image

  • R

    Buyer's Agent in 2015

    R Smawley

    Century 21 ALL-SERVICE

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 339034

APN: 81-10-21

Virginia Bedford County Forest 24551

1021 Otelia Ct, Forest, VA

Not Listed for Sale

Detached

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