NOT LISTED FOR SALE

1024 Limerick Ln Forest, VA 24551

Estimated Value: $325,660 - $355,000

3 Beds
3 Baths
1,796 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $219,900 $122 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,865/month

9 Days on Market

Highlights

  • Multiple Fireplaces
  • Ranch Style House
  • Laundry Room
  • Forest Middle School Rated A-
  • Great Room
  • En-Suite Primary Bedroom

About This Home

As of May 2020

Great 3 bedroom, 3 bath home located in sought after Forest. This home boasts of a beautiful kitchen with lots of cabinets and large island with seating for 3. Laminate hardwood flooring through out main level. Great room has vaulted ceilings, wood burning fireplace and plenty of natural light. Main level master bedroom has private bath. Finished basement with another wood burning fireplace has plenty of room for entertaining. Unfinished area serves as laundry room and storage. Nice patio overlooking flat back yard. Enjoy your coffee on the covered front porch. Convenient to shopping, restaurants and schools.

Last Agent to Sell the Property

Kem Cobb

Elite Realty License #0225050447 Listed on: 04/03/2020

Last Buyer's Agent

Megan Sieja

Lynchburg's Finest Team LLC License #0225241356

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 1986

Lot Details

  • 0.47 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,796 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Great Room
  • Attic Access Panel

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

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

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,040

Year Built

Built in 1986

Lot Details

0

Listing Details

  • FILLACRES: 0.4700
  • Directions: 221 to Cottontown to left on Limerick (about a mile)
  • Internet Providers: Satellite, Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 20473.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1986
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 143.000000
  • Master Bedroom Dim: 13.000 x 11.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 11.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Limerick LOT 2
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 154.000000
  • Third Bedroom: 13x13 Level: Below Grade
  • Third Bedroom Area: 169.000000
  • Above Grade Finished Sq Ft: 1064.00
  • ApplianceConvey: Dishwasher, Range-Elec
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Fireplace, Full, Interior Entrance, Walkout
  • Flooring: Carpet, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 25x10 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Wood Burning
  • Formal Dining: 13x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 20x14 Level: Level 1 Above Grade
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath
  • Dining Kitchen: 13x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Master Bedroom: 13x11 Level: Level 1 Above Grade
  • Rec Room: 25x20 Level: Below Grade
  • GreatRoom Area: 280.000000
  • Livinggreat Room Dim: 20.000 x 14.000
  • Kitchen Area: 117.000000
  • 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 Area: 500.000000
  • Rec Room Dim: 25.000 x 20.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Garden Space, Landscaped

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Bedford
  • Elementary School #2: Thomas Jefferson-Elm
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 1796.00

Tax Info

  • Estimated Taxes: 1040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Apr 29, 2020
Sold by
Erickson Olaf
Bought by
Harlos Joshua and Harlos Mckayla
Seller's Agent
Kem Cobb
Elite Realty
Buyer's Agent
Megan Sieja
Lynchburg's Finest Team LLC
List Price
$219,900
Sold Price
$219,900
Current Estimated Value
$335,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,515
Avg. Annual Appreciation
8.07%
Original Mortgage
$197,910
Outstanding Balance
$176,029
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$159,386

Purchase Details

Listed on
Oct 15, 2018
Closed on
Dec 3, 2018
Sold by
Baker Diane L
Bought by
Erickson Olaf
Seller's Agent
Jenny Entsminger
NextHome TwoFourFive
Buyer's Agent
Kem Cobb
Elite Realty
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$206,496
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
Sep 23, 2014
Sold by
B&C Custom Contracting
Bought by
Riley Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,428
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2014
Sold by
Rayman Julia E
Bought by
B&C Custom Contracting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
4.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 6, 2013
Sold by
Keeffe Jr John J O
Bought by
Rayman Julia E and Erhartic Julia Rayman
Source: Public Records

Range of Values:

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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
Harlos Joshua $219,900 Advantage Title & Closing
Erickson Olaf $199,900 Attorney
Riley Diane L $168,000 None Available
B&C Custom Contracting $110,000 Title Insurance
Rayman Julia E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harlos Joshua $197,910
Previous Owner Erickson Olaf $206,496
Previous Owner Riley Diane L $171,428
Previous Owner B&C Custom Contracting $113,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2020 05/11/20 Sold $219,900 0.0% $122 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $219,900 +10.0% $122 / Sq Ft
12/17/2018 12/17/18 Sold $199,900 0.0% $111 / Sq Ft View Prior Sale
10/16/2018 10/16/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $199,900 -- $111 / 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 $1,041 $253,900 $55,000 $198,900
2024 $1,041 $253,900 $55,000 $198,900
2023 $1,041 $126,950 $0 $0
2022 $987 $98,650 $0 $0
2021 $987 $197,300 $45,000 $152,300
2020 $987 $197,300 $45,000 $152,300
2019 $987 $197,300 $45,000 $152,300
2018 $706 $135,700 $30,000 $105,700
2017 $706 $135,700 $30,000 $105,700
2016 $706 $135,700 $30,000 $105,700
2015 $706 $135,700 $30,000 $105,700
2014 $709 $136,300 $22,000 $114,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324221

APN: 101C-15-2