NOT LISTED FOR SALE

1042 Colby Dr Forest, VA 24551

Estimated Value: $579,702 - $672,000

3 Beds
2 Baths
2,100 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $353,875 $169 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,391/month

145 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Tennis Courts
  • Ranch Style House
  • Great Room with Fireplace
  • Walk-In Closet

About This Home

As of May 2014

Similar to Photo. New construction in the prestigious Somerset Meadows! This conveniently located neighborhood is across the street from London Downs Golf Course, a mile from highway 460, 25 minutes from Smith Mountain Lake & minutes from restaurants & River Ridge mall! This amazing open floor plan has a large 2-story foyer w/ custom wainscoting & vaulted family room w/ stacked stone fireplace that opens to the kitchen & dining room. The chef's kitchen has stainless steel appliances, travertine back-splash, granite countertops, breakfast bar & beautiful upgraded cabinetry. The dining room has a double trey ceiling and wainscoting. Main-level master suite w/ coffered ceiling & opens to deck. Lavish master bathroom w/ his & her closets, double sinks, granite countertops, ceramic tiled shower & Jacuzzi soaking tub. Hardwood floors, oil-rubbed bronze hardware package & accented stamped concrete driveway. Unbelievable price & amenities for this neighborhood!

Last Agent to Sell the Property

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641 Listed on: 12/06/2013

Last Buyer's Agent

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641 Listed on: 12/06/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 2013 | Under Construction

Lot Details

  • 0.76 Acre Lot
  • Landscaped

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Storage In Attic
  • Attic Access Panel

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near golf course

Schools

  • New London Academy Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include neighborhood lights, playground, road maintenance
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,750

Year Built

Built in 2013 | Under Construction

Lot Details

0.76 Acres

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.7600
  • AssocFeeOptional: Required
  • Directions: 460 to London Downs Drive to Right into Somerset Meadows to Right onto Colby- You will see sign on the left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 33106.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2013
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Estimated Completion: 2014-02-28
  • Foyer Area: 154.000000
  • Laundryroom Dim: 7.000 x 6.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 18.000 x 17.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 17.000
  • Masterbedroom Area: 208.000000
  • Master Bedroom Dim: 16.000 x 13.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows Lot 50 Sec 3
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 12x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 144.000000
  • Fourth Bedroom: 16x15 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 240.000000
  • Above Grade Finished Sq Ft: 2100.00
  • ApplianceConvey: Cooktop, Dishwasher, Disposal, Microwave, Wall Oven
  • Has Attic: Access, Storage Only
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 14x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Great Room
  • Formal Dining: 14x11 Level: Level 1 Above Grade
  • Foyer: 22x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Connections, Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Walk-In Closet(s)
  • Dining Kitchen: 14x12 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level, Separate Laundry Rm.
  • Laundry Room: 7x6 Level: Level 1 Above Grade
  • Living Room: 18x17 Level: Level 1 Above Grade
  • Master Bedroom: 16x13 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 168.000000
  • Laundry Room Area: 42.000000
  • LivingRoom Area: 306.000000
  • 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 Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 50
  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Concrete Drive, Landscaped, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Golf Nearby
  • Patio: 14x14 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 399.000000
  • Garage Dim: 21.000 x 19.000
  • GarageLen: 21.000
  • GarageWid: 19.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Neighborhood Lights, Playground, Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 2100.00

Tax Info

  • Estimated Taxes: 1750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2020
Sold by
Thompson Robert L and Thompson Cathy B
Bought by
County Of Bedford Virginia
Current Estimated Value
$617,426

Purchase Details

Closed on
Jul 27, 2018
Sold by
Updike Samuel B and Updike Ashley K
Bought by
Dalton Michael T and Dalton Kimberly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2013
Closed on
Apr 22, 2014
Sold by
Thomas Builders Of Virginia Inc
Bought by
Updike Samuel B and Updike Ashley K
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
List Price
$329,900
Sold Price
$353,875
Premium/Discount to List
$23,975
7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%

Purchase Details

Listed on
Dec 6, 2013
Closed on
Mar 14, 2014
Sold by
Bell Theodore L and Bell Sherry A
Bought by
Thomas Builders Of Virginia Inc
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
List Price
$329,900
Sold Price
$353,875
Premium/Discount to List
$23,975
7.27%

Purchase Details

Closed on
May 4, 2011
Sold by
Somerset Farms Llc
Bought by
Bell Theodore L and Bell Sherry A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
County Of Bedford Virginia -- None Listed On Document
Dalton Michael T $395,000 Attorney
Updike Samuel B $353,875 None Available
Thomas Builders Of Virginia Inc -- None Available
Bell Theodore L $70,350 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dalton Michael T $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $353,875 +7.3% $169 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $329,900 -- $157 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $1,943 $473,800 $72,000 $401,800
2024 $1,943 $473,800 $72,000 $401,800
2023 $1,943 $236,900 $0 $0
2022 $1,767 $176,700 $0 $0
2021 $1,767 $353,400 $64,000 $289,400
2020 $1,717 $343,400 $54,000 $289,400
2019 $1,335 $343,400 $54,000 $289,400
2018 $1,719 $330,500 $49,500 $281,000
2017 $1,719 $330,500 $49,500 $281,000
2016 $1,719 $330,500 $49,500 $281,000
2015 $1,719 $330,500 $49,500 $281,000
2014 $650 $125,000 $45,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Lauren Bell

    Seller's Agent in 2014

    Lauren Bell

    Lauren Bell Real Estate, Inc.

    (434) 382-9482

    356 Total Sales

    Lauren Bell
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 282330

APN: 153-15-50

Virginia Bedford County Forest 24551

1042 Colby Dr, Forest, VA

Not Listed for Sale

Detached

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