NOT LISTED FOR SALE

1059 Otelia Ct Forest, VA 24551

Estimated Value: $666,000 - $870,000

4 Beds
3.5 Baths
4,608 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $468,000 $102 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,048/month

1 Day on Market

Highlights

  • Creek or Stream View
  • Community Lake
  • Wood Flooring
  • Forest Elementary School Rated A-
  • Property is near golf course and clubhouse
  • Main Floor Bedroom

About This Home

As of October 2018

Fabulous custom brick home on quiet cul-de-sac lot, .88 ac., very private backing to woods with creek in Gilfield Village. Beautiful landscaping, gleaming hardwoods, updated lighting, lovely foyer, impressive kitchen with gas range, massive island, pantry, granite, stainless appliances, and open to the huge great room with fireplace. Formal dining room, living room, main level laundry, over-sized 2-car garage, concrete drive, expansive deck and terrace level patio. Second level boasts beautiful master with sitting area, his/hers closets, pampering bath with tile shower, whirlpool tub. Three other spacious bedrooms on second level, with two more full baths. Terrace level is finished with great family room, kitchenette, office (used as 5th bedroom), full bath, home gym/storage room, and access to the patio. This home is immaculate, and so well cared for that you'll love making this your new address.

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 09/10/2018

Re/Max 1st Olympic

Last Buyer's Agent

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 09/10/2018

Re/Max 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 2007

Lot Details

  • 0.88 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned R1

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 4,608 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Great Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Creek or Stream Views
  • Home Security System

Kitchen

  • Kitchenette
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

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

Parking

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

Location

  • Property is near golf course and clubhouse

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Gilfield Village Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 2007

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • FILLACRES: 0.8800
  • Directions: Travel 221 towards Forest. Turn Right on Cottontown Rd. (Across from CVS). Turn Left & continue on Cottontown. Left on Gilfield Dr, Right on Leveque Pl, Right on Smartview Ln, Left on Otelia Ct. Home is on the Right.
  • Internet Providers: Satellite, Verizon, Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 38333.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2007
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 88.000000
  • Laundryroom Dim: 9.000 x 5.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 13.000 x 13.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 406.000000
  • Master Bedroom Dim: 29.000 x 14.000
  • Masterbedroom Len: 29.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 12.000 x 10.000
  • Other Room1 Area: 300.000000
  • Other Room1 Len: 20.000
  • Other Room2 Area: 192.000000
  • Other Room2 Len: 16.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: GILFIELD VILLAGE SEC 3 LT 19 PB 44/233
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 16x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 176.000000
  • Third Bedroom: 14x14 Level: Level 2 Above Grade
  • Third Bedroom Area: 196.000000
  • Fourth Bedroom: 20x19 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 380.000000
  • Above Grade Finished Sq Ft: 3186.00
  • ApplianceConvey: Convection, Dishwasher, Disposal, Microwave, Range-Gas, Refrigerator
  • Has Attic: Floored, Pull Down, Storage Only
  • Has Basement: Exterior Entrance, Finished, Full, Game Room, Heated, Interior Entrance, Partitioned, Walkout
  • Breakfast Area: 16x8 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Tile
  • Year Built Exception: 0
  • Deck: 21x12 Level: Level 1 Above Grade
  • Family Room: 25x17 Level: Below Grade
  • Fireplace: 1 Fireplace, Great Room
  • Formal Dining: 13x13 Level: Level 1 Above Grade
  • Foyer: 11x8 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 25x17 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Security System, Separate Dining Room, Walk-In Closet(s), Wet Bar
  • Dining Kitchen: 15x14 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 9x5 Level: Level 1 Above Grade
  • Living Room: 13x13 Level: Level 1 Above Grade
  • Master Bedroom: 29x14 Level: Level 2 Above Grade
  • Office: 12x10 Level: Below Grade
  • Other Room 1: 20x15 Level: Below Grade
  • Other Room 2: 16x12 Level: Below Grade
  • Porch: 9x6 Level: Level 1 Above Grade
  • Additional Room 1 Description: finished storage rm
  • Additional Room 2 Description: kitchenette
  • FamilyRoom Area: 425.000000
  • GreatRoom Area: 425.000000
  • Livinggreat Room Dim: 25.000 x 17.000
  • Kitchen Area: 210.000000
  • Laundry Room Area: 45.000000
  • LivingRoom Area: 169.000000
  • Office Area: 120.000000
  • Est Other Room1 Dim: 20.000 x 15.000
  • Est Other Room2 Dim: 16.000 x 12.000
  • 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: Pool Nearby, Paved Drive, Garden Space, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Stream/Creek, Lake Nearby, Club House Nearby, Golf Nearby
  • Patio: 23x12 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 576.000000
  • Garage Dim: 24.000 x 24.000
  • GarageLen: 24.000
  • GarageWid: 24.000

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: Other
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 75.00
  • Subdivision Complex: Gilfield Village

Schools

  • Elementary School #2: Forest Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 4608.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 2200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Oct 30, 2018
Sold by
Jones Sidney Dennis and Jones Melissa W
Bought by
Nace Joel R and Nace Michelle Y
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$469,900
Sold Price
$468,000
Premium/Discount to List
-$1,900
-0.4%
Current Estimated Value
$741,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,861
Avg. Annual Appreciation
6.51%
Original Mortgage
$374,400
Outstanding Balance
$327,856
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$414,005

Purchase Details

Closed on
Mar 20, 2007
Sold by
D S Zechini Construction Inc
Bought by
Jones Sidney Dennis and Jones Melissa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2007
Sold by
Gilfield Village Llc
Bought by
D S Zechini Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.95%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Nace Joel R $468,000 Attorney
Jones Sidney Dennis -- None Available
D S Zechini Construction Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nace Joel R $374,400
Previous Owner Jones Sidney Dennis $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2018 10/30/18 Sold $468,000 -0.4% $102 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $469,900 -- $102 / 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 $2,272 $554,100 $85,000 $469,100
2024 $2,272 $554,100 $85,000 $469,100
2023 $2,272 $277,050 $0 $0
2022 $2,279 $227,850 $0 $0
2021 $2,279 $455,700 $75,000 $380,700
2020 $2,279 $455,700 $75,000 $380,700
2019 $2,279 $455,700 $75,000 $380,700
2018 $2,317 $445,600 $70,000 $375,600
2017 $2,317 $445,600 $70,000 $375,600
2016 $2,317 $445,600 $70,000 $375,600
2015 $2,317 $445,600 $70,000 $375,600
2014 $2,181 $419,400 $65,000 $354,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 314210

APN: 81-10-19

Your Personal Tour Guide

Ask me questions while you tour the home.