NOT LISTED FOR SALE

1056 Otelia Ct Forest, VA 24551

Estimated Value: $596,507 - $676,000

4 Beds
4 Baths
2,868 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 1056 Otelia Ct, Forest, VA 24551 and is currently estimated at $633,377, approximately $220 per square foot. 1056 Otelia Ct is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2005
Sold by
Wellington Builders Inc
Bought by
Trent Jeffrey S and Trent Janet T
Current Estimated Value
$633,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,900
Outstanding Balance
$17,708
Interest Rate
5.67%
Mortgage Type
Stand Alone Second
Estimated Equity
$615,669

Purchase Details

Closed on
Nov 20, 2004
Sold by
Gilfield Village Llc
Bought by
Wellington Builders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Trent Jeffrey S -- None Available
Wellington Builders -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trent Jeffrey S $33,900
Previous Owner Wellington Builders $268,000
Source: Public Records

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 $1,875 $457,300 $80,000 $377,300
2024 $1,875 $457,300 $80,000 $377,300
2023 $1,875 $228,650 $0 $0
2022 $1,772 $177,200 $0 $0
2021 $1,772 $354,400 $70,000 $284,400
2020 $1,772 $354,400 $70,000 $284,400
2019 $1,772 $354,400 $70,000 $284,400
2018 $1,820 $350,000 $70,000 $280,000
2017 $1,820 $350,000 $70,000 $280,000
2016 $1,820 $350,000 $70,000 $280,000
2015 $1,820 $350,000 $70,000 $280,000
2014 $1,812 $348,400 $65,000 $283,400
Source: Public Records

Map

Virginia Bedford County Forest 24551

1056 Otelia Ct, Forest, VA

Not Listed for Sale

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