NOT LISTED FOR SALE

1052 Rio Ln Forest, VA 24551

Estimated Value: $587,360 - $665,000

4 Beds
2.5 Baths
2,824 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $480,000 $170 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,495/month

2 Days on Market

Highlights

  • Spa
  • Whirlpool Bathtub
  • Workshop
  • Wood Flooring
  • Tennis Courts
  • Formal Dining Room

About This Home

As of October 2021

Gorgeous Two-Story Craftsman style home in Somerset Meadows offers 4 bedrooms, 2.5 baths and a floor plan that will appeal to many buyers! The main level features spacious kitchen with pantry, gas range, stainless appliances, eat-at bar, breakfast area, large den with gas log fireplace, formal dining room (crown molding & chair rail) and living room (currently used as a library/office). Hardwood floors throughout the main level and lots of natural light. The second level offers 4 large bedrooms, laundry room with wash sink and custom molding. Master suite offers luxury hardwood, tray ceiling and double door entrance to private bath. The 4th bedroom offers sitting room (11x12) and makes a great office! Unfinished walk out basement offers room for future finished space/storage, rough-in for bath. Charming rocking chair front porch, private lower-level patio with hot tub and grilling deck off den are perfect for outdoor entertaining. Put this home on Top of your list!

Last Agent to Sell the Property

Michelle Wingo Stebbings

Century 21 ALL-SERVICE-FOR License #0225030532 Listed on: 09/14/2021

Century 21 ALL-SERVICE-FOR

Last Buyer's Agent

Cheryl Daffner

Realty ONE Group Leading Edge License #0225222270

Realty ONE Group Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2007

Lot Details

  • 0.5 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Workshop
  • Scuttle Attic Hole

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic
  • High Speed Internet

Additional Features

  • Spa
  • Property is near golf course

Community Details

Overview

  • Association fees include playground, tennis
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 2007

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.5000
  • AssocFeeOptional: Required
  • Directions: 460 W to Left on New London Road (Rt 811) to Right on Somerset to Left on Colby to Right on Rio to house on Left.
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 21780.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2007
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 19.000
  • Officeden Wid: 16.000
  • Laundryroom Dim: 9.000 x 6.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 15.000 x 13.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 247.000000
  • Master Bedroom Dim: 19.000 x 13.000
  • Masterbedroom Len: 19.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Lot 183 Sec 7 Somerset Meadows
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 14x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 168.000000
  • Fourth Bedroom: 14x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 168.000000
  • Above Grade Finished Sq Ft: 2824.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Gas, Refrigerator, Washer
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Roughed in Bath, Walkout
  • Breakfast Area: 14x11 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 19x12 Level: Level 1 Above Grade
  • Den: 19x16 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Den, Gas Log
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: High Speed Data Aval, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Walk-In Closet(s), Whirlpool Tub, Workshop
  • Dining Kitchen: 14x13 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Second Floor, Separate Laundry Rm.
  • Laundry Room: 9x6 Level: Level 2 Above Grade
  • Living Room: 15x13 Level: Level 1 Above Grade
  • Master Bedroom: 19x13 Level: Level 2 Above Grade
  • Den Area: 304.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 182.000000
  • Laundry Room Area: 54.000000
  • LivingRoom Area: 195.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Hot Tub, Landscaped, Tennis Courts Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 504.000000
  • Garage Dim: 24.000 x 21.000
  • GarageLen: 24.000
  • GarageWid: 21.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Community System
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Playground, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 2824.00

Tax Info

  • Estimated Taxes: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 5, 2021
Sold by
Sidebottom William G and Sidebottom Rosemary A
Bought by
Hanerfield Stephen M
Seller's Agent
Michelle Wingo Stebbings
Century 21 ALL-SERVICE-FOR
Buyer's Agent
Cheryl Daffner
Realty ONE Group Leading Edge
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$633,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,840
Avg. Annual Appreciation
6.79%
Original Mortgage
$491,040
Outstanding Balance
$447,783
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$186,057

Purchase Details

Closed on
Sep 7, 2012
Sold by
Burge Vera M
Bought by
Sidebottom William G and Sidebottom Rosemary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,375
Interest Rate
3.62%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hanerfield Stephen M $480,000 Attorney
Sidebottom William G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanerfield Stephen M $491,040
Previous Owner Sidebottom William G $387,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $480,000 0.0% $170 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $479,900 -- $170 / 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 $2,008 $489,800 $65,000 $424,800
2024 $2,008 $489,800 $65,000 $424,800
2023 $2,008 $244,900 $0 $0
2022 $1,794 $179,350 $0 $0
2021 $1,794 $358,700 $55,000 $303,700
2020 $1,794 $358,700 $55,000 $303,700
2019 $1,794 $358,700 $55,000 $303,700
2018 $1,822 $350,400 $55,000 $295,400
2017 $1,822 $350,400 $55,000 $295,400
2016 $1,822 $350,400 $55,000 $295,400
2015 $1,822 $350,400 $55,000 $295,400
2014 $1,853 $356,400 $55,000 $301,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michelle Wingo Stebbings

    Century 21 ALL-SERVICE-FOR

    (434) 525-1212

    129 Total Sales

    Michelle Wingo Stebbings
    Section Image
  • Cheryl Daffner

    Buyer's Agent in 2021

    Cheryl Daffner

    Realty ONE Group Leading Edge

    (434) 665-7211

    130 Total Sales

    Cheryl Daffner
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 334114

APN: 152-16-183

Virginia Bedford County Forest 24551

1052 Rio Ln, Forest, VA

Not Listed for Sale

Detached

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