NOT LISTED FOR SALE

1057 Madison Mountain Ln Forest, VA 24551

Estimated Value: $446,000 - $568,000

4 Beds
2.5 Baths
2,556 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $352,500 $138 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,006/month

25 Days on Market

Highlights

  • Wood Flooring
  • Walk-In Closet
  • En-Suite Primary Bedroom
  • Forest Middle School Rated A-
  • Laundry Room
  • Zoned Cooling

About This Home

As of April 2019

Stunning, like-new home located in the sought after London Meadows neighborhood right off of 460 in Forest. This 4 bedroom 2.5 bath home offers hardwoods throughout main level & many upgrades. Living room featuring custom fireplace with shiplap. Living area opens up to the spacious kitchen with island perfect for entertaining guests. Kitchen features granite, tile back splash & stainless appliances. Convenient walk in pantry & main level laundry. Main level master with trey ceilings & huge walk in closet overlooks wooded back yard. The spacious en-suite features free standing modern tub, floor to ceiling glass, tiled walk in shower. Features include sliding barn door & lots of storage. through out the house. Upper level features 3 bedrooms, full bath w double sinks & large bonus area perfect for man's cave, office area or child's playroom. Conditioned crawl space, two car garage, covered deck area for indoor/outdoor living, grilling porch & desirable location complete this great house!

Last Agent to Sell the Property

Betsy Ferguson

Lynchburg's Finest Team LLC License #0225197755 Listed on: 02/19/2019

Last Buyer's Agent

Mitch Copenhaver

Long & Foster-Forest License #0225060624

Long & Foster-Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2016

Lot Details

  • 0.74 Acre Lot
  • Landscaped

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

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

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near a golf course

Schools

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

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, neighborhood lights
  • London Meadows Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 2016

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • FILLACRES: 0.7400
  • AssocFeeOptional: Required
  • Directions: Rt 460 to Bethel Church Rd,(Rt 711) right onto Madison Mountain Lane, home is on your right.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 32234.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2016
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 60.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 19.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 19.000
  • Masterbedroom Area: 208.000000
  • Master Bedroom Dim: 16.000 x 13.000
  • Masterbedroom Len: 16.000
  • 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: LONDON MEADOWS PH II LOT 12
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 15x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 210.000000
  • Third Bedroom: 15x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 180.000000
  • Fourth Bedroom: 15x13 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 195.000000
  • Above Grade Finished Sq Ft: 2556.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Pull Down
  • Has Basement: Crawl Space, Exterior Entrance
  • Breakfast Area: 8x11 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Living Room
  • Foyer: 10x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, High Speed Data Aval, Master Bed w/ Bath, Pantry, Walk-In Closet(s)
  • Dining Kitchen: 18x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Living Room: 18x19 Level: Level 1 Above Grade
  • Master Bedroom: 16x13 Level: Level 1 Above Grade
  • Porch: 24x5 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 198.000000
  • LivingRoom Area: 342.000000
  • 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: Concrete Drive, Landscaped, Storm Doors, Undergrnd Utilities, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 440.000000
  • Garage Dim: 20.000 x 22.000
  • GarageLen: 20.000
  • GarageWid: 22.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Grounds Maintenance, Neighborhood Lights
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 300.00
  • Subdivision Complex: London Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 2556.00

Tax Info

  • Estimated Taxes: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
Apr 16, 2019
Sold by
Yinger Michael and Yinger Renee
Bought by
Borasky Matthew R and Borasky Quinn K
Seller's Agent
Betsy Ferguson
Lynchburg's Finest Team LLC
Buyer's Agent
Mitch Copenhaver
Long & Foster-Forest
List Price
$359,900
Sold Price
$352,500
Premium/Discount to List
-$7,400
-2.06%
Current Estimated Value
$515,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,999
Avg. Annual Appreciation
5.97%
Original Mortgage
$334,500
Outstanding Balance
$297,061
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$210,731

Purchase Details

Listed on
Aug 1, 2016
Closed on
Apr 25, 2017
Sold by
Modern Oak Llc
Bought by
Yinger Michael and Yinger Renee
Seller's Agent
Betsy Ferguson
Lynchburg's Finest Team LLC
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$339,900
Sold Price
$342,000
Premium/Discount to List
$2,100
0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Original Mortgage
$324,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2016
Sold by
Cs Custom Structres Inc A Virginia Corpo
Bought by
Maddox & Sons Construction Inc
Source: Public Records

Range of Values:

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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
Borasky Matthew R $352,500 Sage Title Group Llc
Yinger Michael $324,900 Attorney
Modern Oak Llc A Virginia Limited Liabil -- None Available
Maddox & Sons Construction Inc $57,000 Reliance Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borasky Matthew R $334,500
Previous Owner Yinger Michael $324,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $352,500 -2.1% $138 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $359,900 +5.2% $141 / Sq Ft
04/25/2017 04/25/17 Sold $342,000 +0.6% $134 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
08/01/2016 08/01/16 For Sale $339,900 -- $133 / 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 $1,608 $392,100 $75,000 $317,100
2024 $1,608 $392,100 $75,000 $317,100
2023 $1,608 $196,050 $0 $0
2022 $1,454 $145,400 $0 $0
2021 $1,454 $290,800 $60,000 $230,800
2020 $1,454 $290,800 $60,000 $230,800
2019 $1,454 $290,800 $60,000 $230,800
2018 $1,278 $245,800 $50,000 $195,800
2017 $973 $187,100 $50,000 $137,100
2016 $156 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Betsy Ferguson

    Seller's Agent in 2019

    Betsy Ferguson

    Lynchburg's Finest Team LLC

    (434) 941-8699

    147 Total Sales

    Section Image

  • M

    Buyer's Agent in 2019

    Mitch Copenhaver

    Long & Foster-Forest

    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Robin Lee

    Legacy Realty and Development

    (434) 238-4477

    61 Total Sales

    Section Image
  • Nadine Blakely

    Buyer's Agent in 2017

    Nadine Blakely

    RE/MAX

    (434) 444-2226

    403 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 316781

APN: 153-31-12

Virginia Bedford County Forest 24551

1057 Madison Mountain Ln, Forest, VA

This home is located at 1057 Madison Mountain Ln, Forest, VA 24551 since 19 February 2019 and is currently estimated at $512,196, approximately $200 per square foot. This property was built in 2016. 1057 Madison Mountain Ln is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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