NOT LISTED FOR SALE

1037 Forest Edge Dr Forest, VA 24551

Estimated Value: $377,631 - $422,000

4 Beds
2.5 Baths
2,280 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $275,000 $121 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,201/month

91 Days on Market

Highlights

  • Wood Flooring
  • Oversized Parking
  • Garden Bath
  • Formal Dining Room
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of March 2021

Only minutes from 460, this home would be perfect for anyone traveling to Roanoke, Bedford or Lynchburg. With 4 bedrooms 2.5 baths and an oversized 2 car garage this home is a great choice for a family. The mail level boasts a spacious living room, separate dining room off kitchen, spacious kitchen with large breakfast area, half bath and back deck. The second story offers a spacious master bedroom equipped with en suite bathroom, laundry, additional full bathroom and 3 additional large bedrooms. The terrace level is perfect for additional storage or ready to be finished off for a bonus room complete with rough-info bathroom. If finished this would add an additional 528 sqft of living space. Oversized two car garage is 612 sqft easily accommodating two large full sized trucks. New London Academy Elementary, Forest Middle and Jefferson Forest High.

Last Agent to Sell the Property

R Smawley

Century 21 ALL-SERVICE License #0225203744 Listed on: 12/10/2020

Last Buyer's Agent

JOSH CLINE

Keller Williams License #0225243330

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 2006

Lot Details

  • 0.35 Acre Lot
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Oversized Parking

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

Listing and Financial Details

  • Assessor Parcel Number 90507465

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,242

Year Built

Built in 2006

Lot Details

0

Listing Details

  • FILLACRES: 0.3500
  • Directions: 460 west to right 811 then left on Forest Edge Dr
  • Lot Measurement: Acres
  • Lot Sq Ft: 15246.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90507465
  • Year Built: 2006
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 27.000 x 14.750
  • Livingroom Len: 27.000
  • Livingroom Wid: 14.750
  • Masterbedroom Area: 243.000000
  • Master Bedroom Dim: 18.000 x 13.500
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 13.500
  • 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: FOREST EDGE LT 37 PB 47/2
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x10.50 Level: Level 2 Above Grade
  • Second Bedroom Area: 136.500000
  • Third Bedroom: 12x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 144.000000
  • Fourth Bedroom: 12x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 2280.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Garage, Heated, Interior Entrance, Roughed in Bath, Walkout
  • Breakfast Area: 11x13 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl, Wood
  • Year Built Exception: 0
  • Deck: 15x14 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Garden Tub, High Speed Data Aval, Master Bed w/ Bath, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 12.50x14 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Second Floor, Washer Connections
  • Living Room: 27x14.75 Level: Level 1 Above Grade
  • Master Bedroom: 18x13.50 Level: Level 2 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 175.000000
  • LivingRoom Area: 398.250000
  • 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: Paved Drive, Garden Space, Insulated Glass, Undergrnd Utilities

Garage/Parking

  • Attached Garage: 2 Car
  • Carport: 27.50x23 Level: Below Grade
  • Garage Spaces: In Basement, Oversized
  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 2280.00

Tax Info

  • Estimated Taxes: 1242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 25, 2021
Sold by
Tobin Daniel S and Tobin Caroline N
Bought by
Stone Malcolm and Stone Rebecca L
Seller's Agent
R Smawley
Century 21 ALL-SERVICE
Buyer's Agent
JOSH CLINE
Keller Williams
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Current Estimated Value
$401,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,408
Avg. Annual Appreciation
8.18%
Original Mortgage
$275,000
Outstanding Balance
$246,518
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$154,890

Purchase Details

Closed on
Jun 10, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Tobin Daniel S and Tobin Caroline N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2008
Sold by
Dews Norman K and Dews Autumn B
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 27, 2006
Sold by
Parsell & Zeigler General Contractors In
Bought by
Dews Norman K and Dews Autumn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,580
Interest Rate
6.33%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Stone Malcolm $275,000 Attorney
Tobin Daniel S $219,800 First Class Title Inc
Deutsche Bank National Trust Company $210,524 None Available
Dews Norman K -- None Available
Parsell & Zeigler General Contractors In -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Malcolm $275,000
Previous Owner Tobin Daniel S $208,800
Previous Owner Parsell & Zeigler General Contractors In $51,580
Previous Owner Dews Norman K $206,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2021 03/11/21 Sold $275,000 +3.8% $121 / Sq Ft
03/11/2021 03/11/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $265,000 -- $116 / 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 $1,264 $308,200 $41,000 $267,200
2024 $1,264 $308,200 $41,000 $267,200
2023 $1,264 $154,100 $0 $0
2022 $1,242 $124,200 $0 $0
2021 $1,242 $248,400 $38,000 $210,400
2020 $1,242 $248,400 $38,000 $210,400
2019 $1,242 $248,400 $38,000 $210,400
2018 $1,164 $223,900 $37,000 $186,900
2017 $1,164 $223,900 $37,000 $186,900
2016 $1,164 $223,900 $37,000 $186,900
2015 $1,164 $223,900 $37,000 $186,900
2014 $1,185 $227,900 $35,000 $192,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 328744

APN: 153-26-37