NOT LISTED FOR SALE

1042 New Market Loop Forest, VA 24551

Estimated Value: $373,731 - $409,000

3 Beds
2 Baths
1,596 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $360,000 $226 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,178/month

Highlights

  • Property is near a clubhouse
  • Ranch Style House
  • Formal Dining Room
  • Forest Middle School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of July 2023

Beautiful home in Summerfield just off Bellevue Road featuring one-level living with 2-car garage, and lovely yard. Home is nicely situated on a quiet street with great curb appeal, cozy front porch. Floor plan is fabulous with foyer, formal dining room/living room/office (very versatile space. The kitchen with granite, tiled backsplash, and huge breakfast nook provide lots of light-filled areas for meal prep, enjoying dinner, bar area, and closet pantry. Stainless appliances are practically new. Enjoy relaxing in the den, entertaining guests, or retreat to the sunroom for reading, overlooking the rear yard. Grilling on the rear patio will be the perfect spot. Large en-suite primary suite, pampering bath with walk-in shower, double vanity, huge walk-in closet. Two other bedrooms with full hall bath. Laundry room with upper cabinets, ideal storage, large 2-car garage. Such a fabulous home and so convenient, just off Rt. 460 or a quick commute to LU, downtown, airport too.

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 05/15/2023

Re/Max 1st Olympic

Last Buyer's Agent

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 05/15/2023

Re/Max 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 2007

Lot Details

  • 0.28 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Location

  • Property is near a clubhouse
  • Property is near a golf course

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish

Community Details

  • Summerfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 90507421

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,053

Year Built

Built in 2007

Lot Details

0

Listing Details

  • FILLACRES: 0.2800
  • BuildingOnProperty: Storage Building
  • Directions: US 460 to right on Thomas Jefferson to left on Bellevue, Left on New Market Loop, House on Left
  • Internet Providers: Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 12197.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90507421
  • Year Built: 2007
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 16.000
  • Officeden Wid: 12.000
  • Foyer Area: 96.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 12.000
  • 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: SUMMERFIELD LT 77 PB 47/6
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 12x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1596.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Slab
  • Breakfast Area: 12x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Other
  • Year Built Exception: 0
  • Den: 16x12 Level: Level 1 Above Grade
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Foyer: 12x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Pantry, Separate Dining Room
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Porch: 30x6 Level: Level 1 Above Grade
  • Sun Room: 12x12 Level: Level 1 Above Grade
  • Den Area: 192.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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
  • Sun Room Area: 144.000000
  • Sunroom Dim: 12.000 x 12.000

Exterior Features

  • Lot Number: 77
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Satellite Dish, Club House Nearby, Golf Nearby
  • Patio: 10x10 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Other
  • Garage Area: 441.000000
  • Garage Dim: 21.000 x 21.000
  • GarageLen: 21.000
  • GarageWid: 21.000

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Summerfield

Schools

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

Lot Info

  • Lot Sq Ft: 1596.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jul 11, 2023
Sold by
Franklin Lorie H and Kessler Jeanie C
Bought by
Tamaro Silvio and Tamaro Nancy
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$360,000
Sold Price
$360,000
Views
3
Current Estimated Value
$383,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,683
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
Apr 16, 2007
Sold by
Touchdown Properties Llc
Bought by
Breeden James and Kessler Jeanie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tamaro Silvio $360,000 None Listed On Document
Breeden James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kessler Jeanie C $165,000
Previous Owner Breeden James $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $360,000 0.0% $226 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $360,000 -- $226 / 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 $1,100 $268,200 $55,000 $213,200
2024 $1,100 $268,200 $55,000 $213,200
2023 $1,100 $134,100 $0 $0
2022 $1,053 $105,300 $0 $0
2021 $1,053 $210,600 $55,000 $155,600
2020 $1,053 $210,600 $55,000 $155,600
2019 $1,053 $210,600 $55,000 $155,600
2018 $974 $187,300 $45,000 $142,300
2017 $974 $187,300 $45,000 $142,300
2016 $974 $187,300 $45,000 $142,300
2015 $974 $187,300 $45,000 $142,300
2014 $903 $173,600 $35,000 $138,600
Source: Public Records

Agents Affiliated with this Home

  • Nadine Blakely

    Seller's Agent in 2023

    Nadine Blakely

    RE/MAX

    (434) 444-2226

    401 Total Sales

    Nadine Blakely
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 344111

APN: 153-25-77

Virginia Bedford County Forest 24551

1042 New Market Loop, Forest, VA

This home is located at 1042 New Market Loop, Forest, VA 24551 since 15 May 2023 and is currently estimated at $383,683, approximately $240 per square foot. This property was built in 2007. 1042 New Market Loop is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

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