Seller's Agent in 2018
Bob Sherman
RE/MAX
(434) 258-2233
2 Total Sales
1045 Elk Lake Ln Forest, VA 24551
Estimated Value: $364,000 - $406,000
3
Beds
2
Baths
1,514
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- Creek or Stream View
- Ranch Style House
- Whirlpool Bathtub
- Secluded Lot
- Wood Flooring
- Formal Dining Room
About This Home
As of June 2018***ONE LEVEL RANCH***Full Unfinished Basement for Expansion***Custom Oak Kitchen Cabinets. Master Bath with Whirlpool Tub plus Separate Shower. Master Bedroom has two WALK-IN CLOSETS. 21 X 13 Living Room with Gas Log Fireplace & Vaulted Ceilings. 3 Acres with plenty of woods in rear. A Real Park-Like Setting backs up to Creek. Driveway continues to lower level of treed yard to Huge Storage Shed. The Basement is open with no support poles. Roughed in for full bath (toilet, sink, & tub in boxes stay). Refrigerator - 2 months, Range, dishwasher, & microwave are 3 years old. Washer & Dryer are 2 years old. HWH - 1.5 months. New Toilets (tall) & flooring - 6 months. Heat Pump Compressor - 2 years. ***Close-in to shopping, etc. in FOREST.***ONLY 10 YEARS OLD***Extra Lot 11 to the right of the house is included in the sale.***1/16 Ownership Rights to Lake Access***
Last Agent to Sell the Property
RE/MAX 1st Olympic License #0225062317 Listed on: 11/26/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,102
Year Built
- Built in 2007
Lot Details
- 3.03 Acre Lot
- Landscaped
- Secluded Lot
- Garden
Home Design
- Ranch Style House
- Shingle Roof
Interior Spaces
- 1,514 Sq Ft Home
- Ceiling Fan
- Gas Log Fireplace
- Drapes & Rods
- Living Room with Fireplace
- Formal Dining Room
- Creek or Stream Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- 2 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Attic
- Attic Access Panel
- Scuttle Attic Hole
Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Rough-In Basement Bathroom
Home Security
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Outdoor Storage
Schools
- Forest Elementary School
- Forest Midl Middle School
- Jefferson Forest-Hs High School
Utilities
- Heat Pump System
- Underground Utilities
- Well
- Electric Water Heater
- Septic Tank
Community Details
- Elk Lake Trace Subdivision
Listing and Financial Details
- Assessor Parcel Number 1161710
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2017
Closed on
Jun 5, 2018
Sold by
Aldridge Steven M
Bought by
Nelms Michael L and Nelms Elizabeth Toms
Seller's Agent
Bob Sherman
RE/MAX 1st Olympic
Buyer's Agent
Bob Sherman
RE/MAX 1st Olympic
List Price
$265,000
Sold Price
$242,500
Premium/Discount to List
-$22,500
-8.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,333
Avg. Annual Appreciation
6.08%
Original Mortgage
$238,107
Outstanding Balance
$205,923
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$178,910
Purchase Details
Closed on
Feb 26, 2008
Sold by
A W Brandt Builders Inc
Bought by
Aldridge Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2007
Sold by
Kirkwood Robert M and Kirkwood Diane W
Bought by
A W Brandt Builders Inc
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelms Michael L | $242,500 | Mountain Vw Stlmnt Svcs Llc | |
| Aldridge Steven M | -- | Southern Title Realty Agency | |
| A W Brandt Builders Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelms Michael L | $238,107 | |
| Previous Owner | Aldridge Steven M | $223,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2018 06/22/18 | Sold | $242,500 | -8.5% | $160 / Sq Ft |
| 04/29/2018 04/29/18 | Pending | -- | -- | -- |
| 11/26/2017 11/26/17 | For Sale | $265,000 | -- | $175 / 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 | $1,266 | $308,700 | $65,000 | $243,700 |
| 2024 | $1,266 | $308,700 | $65,000 | $243,700 |
| 2023 | $1,266 | $154,350 | $0 | $0 |
| 2022 | $1,141 | $114,100 | $0 | $0 |
| 2021 | $1,141 | $228,200 | $45,000 | $183,200 |
| 2020 | $1,141 | $228,200 | $45,000 | $183,200 |
| 2019 | $1,141 | $228,200 | $45,000 | $183,200 |
| 2018 | $1,076 | $207,000 | $35,000 | $172,000 |
| 2017 | $1,076 | $207,000 | $35,000 | $172,000 |
| 2016 | $1,076 | $207,000 | $35,000 | $172,000 |
| 2015 | $1,076 | $207,000 | $35,000 | $172,000 |
| 2014 | $1,007 | $193,600 | $35,000 | $158,600 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Sherman
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 308746
APN: 116-17-10
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