NOT LISTED FOR SALE

1043 Blane Dr Forest, VA 24551

Estimated Value: $2,102,222

4 Beds
1 Bath
8,176 Sq Ft
$257/Sq Ft Est. Value

Sale Details

Date Sold: April 4, 2023

Last sale price $950,000 $116 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $11,577 / mo

About This Home

As of April 2023

This home is located at 1043 Blane Dr, Forest, VA 24551 since 04 April 2023 and is currently priced at $2,102,222, approximately $257 per square foot. This property was built in 2005. 1043 Blane Dr is a home located in Bedford County with nearby schools including Thomas Jefferson Elementary School, Forest Middle School, and Jefferson Forest High School.

Last Agent to Sell the Property

OUT OF AREA OUT OF AREA BROKER

OUT OF AREA BROKER Listed on: 04/04/2023

Last Buyer's Agent

Ian Smith

Legacy Realty License #0225235590

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 2005

Lot Details

  • 29,621 Sq Ft Lot

Home Design

  • 8,176 Sq Ft Home

Community Details

  • 8 Units
  • Homestead Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 90505164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,178

Year Built

Built in 2005

Lot Details

0.68 Acres

Listing Details

  • FILLACRES: 0.6800
  • Lot Measurement: Acres
  • Lot Sq Ft: 29621.00
  • Days On Market: No
  • Property Subtype1: Multi-Family
  • Prop. Type: Multi-Family
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90505164
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Legal Description: HOMESTEAD GARDENS PHASE III LT
  • Reciprocal Listing: No
  • Street Number Modifier: 1071
  • Year Built Exception: 0

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Homestead Gardens

Schools

  • School District: Bedford

Lot Info

  • Lot Sq Ft: 8176.00

Tax Info

  • Estimated Taxes: 3178

Multi Family

  • Total Number Units: 8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Mar 28, 2023
Sold by
Bought by
Seller's Agent
OUT OF AREA OUT OF AREA BROKER
OUT OF AREA BROKER
Buyer's Agent
Ian Smith
Legacy Realty
List Price
$950,000
Sold Price
$950,000
Current Estimated Value
$2,102,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,152,222
Original Mortgage
$2,100,000
Outstanding Balance
$2,038,582
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,900,000 Old Republic National Title
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $950,000 0.0% $116 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $950,000 -- $116 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,451 $841,700 $80,000 $761,700
2024 $3,451 $841,700 $80,000 $761,700
2023 $3,451 $420,850 $0 $0
2022 $3,178 $317,750 $0 $0
2021 $3,178 $635,500 $70,000 $565,500
2020 $3,178 $635,500 $70,000 $565,500
2019 $213 $635,500 $70,000 $565,500
2018 $2,982 $573,500 $50,000 $523,500
2017 $2,982 $573,500 $50,000 $523,500
2016 $2,982 $573,500 $50,000 $523,500
2015 $2,982 $573,500 $50,000 $523,500
2014 $2,598 $499,700 $50,000 $449,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343391

APN: 118-A-17K

Virginia Bedford County Forest 24551

1043 Blane Dr, Forest, VA

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