NOT LISTED FOR SALE

1050 Compton Place Forest, VA 24551

Estimated Value: $493,000 - $530,000

4 Beds
3.5 Baths
3,324 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $470,000 $141 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,929/month

19 Days on Market

Highlights

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

About This Home

As of August 2024

Visiting this home feels like entering a peaceful retreat in the heart of Forest Lakes. The curved brick entry welcomes you into a spacious foyer, off of which is a formal dining & a separate living room. The back half of the main level is an open kitchen and family room - highlighted by a brick fireplace and matching built-in shelves - followed by a bright and airy sunroom. Also on this level are a half bath, a large pantry, a separate laundry room, and a garage. Upstairs you'll find the master suite with private bath, and three additional bedrooms that share a hall bath. The terrace level offers a 3rd full bath, and finished spaces that could be used for a family room, office space, additinal bedrooms and more. There is also a large storage room and stairs leading the back yard. The yard is quiet and private, with a handsome patio space surrounded by mature landscaping. All within minutes of school, shops and more & includes use of Forest Lakes pool, tennis and Swan Lake!

Last Agent to Sell the Property

Dan Vollmer

Dwell License #0225100219 Listed on: 06/14/2024

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1996

Lot Details

  • 0.56 Acre Lot
  • Landscaped
  • Property is zoned R1

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3,324 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Den
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

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

Attic

  • Storage In Attic
  • Attic Access Panel
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Parking

  • Garage
  • Off-Street Parking

Location

  • Property is near a clubhouse

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10003604

Community Details

Overview

  • Association fees include lake/pond, playground, pool, tennis, trash
  • Forest Lakes Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 1996

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: From Lake Vista Drive, turn onto Compton Place, home will be on your left.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1996
  • FullBathBelowGrade: 1
  • Garage Yn: Yes
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Forest Lakes
  • Above Grade Finished Sq Ft: 2524.00
  • Architectural Style: Two Story
  • Laundryroom Dim: 9.000 x 6.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 9.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access, Pull Down, Storage Only
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance
  • Flooring: Carpet, Hardwood, Tile
  • Den: 17x12 Level: Below Grade
  • Family Room: 21x13 Level: Level 1 Above Grade
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Garden Tub, Primary Bed w/Bath, Pantry, Separate Dining Room, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 9x6 Level: Level 1 Above Grade
  • Living Room: 18x13 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 2 Above Grade
  • Rec Room: 32x12 Level: Below Grade
  • Sun Room: 20x12 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: 2 Fireplaces, Den, Gas Log, Great Room
  • Stories: Two
  • Third Bedroom: 13x11.50 Level: Level 2 Above Grade
  • Fourth Bedroom: 12x11 Level: Level 2 Above Grade
  • Second Bedroom: 13x10 Level: Level 2 Above Grade
  • Room Family Room Area: 273.000000
  • Room Bedroom3 Area: 149.500000
  • Room Master Bedroom Area: 195.000000
  • Den Area: 204.000000
  • Room Bedroom4 Area: 132.000000
  • Room Kitchen Area: 156.000000
  • Room Living Room Area: 234.000000
  • Room Bedroom2 Area: 130.000000
  • MasterBedroomDimensions Dim: 15.000 x 13.000
  • Kitchen Dim: 13.000 x 12.000
  • Sunroom Dim: 20.000 x 12.000
  • Master Bedroom Master Bedroom Width: 13.000

Exterior Features

  • Lot Number: 28
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Off-Street Parking, Patio, Pool Nearby, Paved Drive, Landscaped, Storm Doors, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Club House Nearby

Garage/Parking

  • Garage Area: 240.000000
  • Garage Dim: 20.000 x 12.000
  • GarageLen: 20.000
  • GarageWid: 12.000
  • General Property Description:_pound_ Attached Garage Spaces: 2 Car
  • Garage Description: Garage Door Opener, Workshop

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump, Two-Zone
  • Sewer: County
  • Water Heater: Electric
  • Heating: Heat Pump, Two-Zone
  • Water Source: County

Condo/Co-op/Association

  • Association Fee: 83.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Lake/Pond, Playground, Pool, Tennis, Trash

Schools

  • Elementary School: Forest Elem
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Zoning: R1
  • Acres: 0.5600
  • Lot Size Sq Ft: 24394.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 10003604
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1736

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Aug 8, 2024
Sold by
Rice Stephen M and Rice Becky S
Bought by
Mills David J and Mills Rachel A
Seller's Agent
Dan Vollmer
Dwell
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$479,900
Sold Price
$470,000
Premium/Discount to List
-$9,900
-2.06%
Views
45
Current Estimated Value
$510,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,915
Avg. Annual Appreciation
7.14%
Original Mortgage
$375,000
Outstanding Balance
$370,748
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$140,167

Purchase Details

Closed on
Jun 29, 2007
Sold by
Moon Joshua Y and Lori Moon K
Bought by
Rice Stephen M and Rice Becky S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2005
Sold by
Baker Christopher H and Baker Margaret L
Bought by
Moon Joshua K and Lori Moon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,205
Interest Rate
5.78%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Mills David J $470,000 Chicago Title
Rice Stephen M -- None Available
Moon Joshua K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills David J $375,000
Previous Owner Rice Stephen M $170,000
Previous Owner Moon Joshua K $29,205
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $470,000 0.0% $141 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $469,900 -2.1% $141 / Sq Ft
06/14/2024 06/14/24 For Sale $479,900 -- $144 / 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 $1,736 $423,500 $70,000 $353,500
2024 $1,736 $423,500 $70,000 $353,500
2023 $1,736 $211,750 $0 $0
2022 $1,615 $161,500 $0 $0
2021 $1,615 $323,000 $60,000 $263,000
2020 $1,615 $323,000 $60,000 $263,000
2019 $1,615 $323,000 $60,000 $263,000
2018 $1,619 $311,300 $60,000 $251,300
2017 $1,619 $311,300 $60,000 $251,300
2016 $1,619 $311,300 $60,000 $251,300
2015 $1,619 $311,300 $60,000 $251,300
2014 $1,584 $304,700 $45,000 $259,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dan Vollmer

    Dwell

    (434) 420-1238

    21 in this area

    119 Total Sales

    Dan Vollmer
    Section Image

  • J

    Buyer's Agent in 2024

    Josh Redmond

    Mark A. Dalton & Co., Inc.

    (434) 386-1998

    36 in this area

    379 Total Sales

    Josh Redmond
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352926

APN: 100B-3-28

Virginia Bedford County Forest 24551

1050 Compton Place, Forest, VA

This home is located at 1050 Compton Place, Forest, VA 24551 since 14 June 2024 and is currently estimated at $510,915, approximately $153 per square foot. This property was built in 1996. 1050 Compton Place is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

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