NOT LISTED FOR SALE

1043 Commonwealth Cir Forest, VA 24551

Forest Neighborhood

Estimated Value: $285,000 - $338,000

3 Beds
2.5 Baths
1,538 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $165,000 $107 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,879/month

431 Days on Market

Highlights

  • Property is near a clubhouse
  • Wood Flooring
  • Community Pool
  • Forest Elementary School Rated A-
  • Great Room
  • Formal Dining Room

About This Home

As of April 2018

Sold to Investors Only! Similar to Photos. Perfect Property for Investors! Well priced townhome in Farmington at Forest, maintenance free! Inside you will find a huge living room plus a separate Great Room for more entertaining. Kitchen boasts custom cabinetry, stainless appliances, & pantry. Level 2 hosts the Owner's Suite with trey ceiling, ensuite bath & walk-in closet. Additional 2 beds & full bath down the hall. Terrace level hosts a 1 car garage & storage space galore. HOA covers grounds maintanence, trash, Farmington Clubhouse Access & more! Tenant Occupied, Rent starts at $1295/month. Must have 72 hours notice to show.

Last Agent to Sell the Property

Tina Friar

Keller Williams License #0225171434 Listed on: 01/30/2017

Keller Williams

Last Buyer's Agent

Judy Rush

Century 21 ALL-SERVICE-BED License #0225002398

Century 21 ALL-SERVICE-BED

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $850

Year Built

  • Built in 2009

Lot Details

  • 2,178 Sq Ft Lot
  • Landscaped

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,538 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Basement

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

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway

Location

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

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 90510058

Community Details

Overview

  • Association fees include club house, grounds maintenance, neighborhood lights, snow removal, trash
  • Farmington At Forest Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$850

Year Built

Built in 2009

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Rt. 221 to Perrowville Rd, Right on Glade Springs. First Left into the Townes at Farmington (Commonwealth Cir). Home is on the Right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 2178.00
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90510058
  • Year Built: 2009
  • Heating System: Heat Pump
  • Building Stories: Two
  • Foyer Area: 77.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.000 x 13.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 182.000000
  • Master Bedroom Dim: 14.000 x 13.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: FARMINGTON AT FOREST SEC 13 LT 24
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 130.000000
  • Third Bedroom: 12x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1538.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Full, Garage, Interior Entrance, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Year Built Exception: 0
  • Formal Dining: 10x9 Level: Level 1 Above Grade
  • Foyer: 11x7 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 13x11 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, Garden Tub, Great Room, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 13x9 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Washer Connections
  • Living Room: 20x13 Level: Level 1 Above Grade
  • Master Bedroom: 14x13 Level: Level 2 Above Grade
  • GreatRoom Area: 143.000000
  • Livinggreat Room Dim: 13.000 x 11.000
  • Kitchen Area: 117.000000
  • LivingRoom Area: 260.000000
  • 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: 24
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Concrete Drive, Landscaped, Insulated Glass, Undergrnd Utilities, Club House Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 260.000000
  • Garage Dim: 20.000 x 13.000
  • GarageLen: 20.000
  • GarageWid: 13.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Club House, Grounds Maintenance, Neighborhood Lights, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 90.00
  • Subdivision Complex: Farmington at Forest

Schools

  • School District: Bedford
  • Elementary School #2: Forest Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 1538.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
Apr 17, 2018
Sold by
Trish Enterprises Llc A Virginia Limited
Bought by
Moss Creek Properties Llc A Virginia Lim
Seller's Agent
Tina Friar
Keller Williams
Buyer's Agent
Judy Rush
Century 21 ALL-SERVICE-BED
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Total Days on Market
431
Current Estimated Value
$306,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,767
Avg. Annual Appreciation
8.82%
Original Mortgage
$102,000
Outstanding Balance
$88,651
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$214,109
Source: Public Records

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Range of Values:

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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
Moss Creek Properties Llc A Virginia Lim $165,000 Bridgetrust Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss Creek Properties Llc A Virginia Lim $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2018 04/27/18 Sold $165,000 -2.9% $107 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
01/30/2017 01/30/17 For Sale $169,900 -- $110 / 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
2024 $1,042 $254,200 $35,000 $219,200
2023 $1,042 $127,100 $0 $0
2022 $873 $87,250 $0 $0
2021 $873 $174,500 $30,000 $144,500
2020 $873 $174,500 $30,000 $144,500
2019 $873 $174,500 $30,000 $144,500
2018 $817 $157,200 $30,000 $127,200
2017 $817 $157,200 $30,000 $127,200
2016 $817 $157,200 $30,000 $127,200
2015 $817 $157,200 $30,000 $127,200
2014 $865 $166,400 $28,000 $138,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 303060

APN: 90510058