William Lokar
Weichert Realtors Saxon Clark KPT
(423) 340-4200
55 Total Sales
2 in Forest
$195K - $237K Price Range
106 Millbrook Terrace Forest, VA 24551
Forest AreaEstimated Value: $968,000 - $1,215,000
8
Beds
10
Baths
10,030
Sq Ft
$111/Sq Ft
Est. Value
Highlights
- Lake Front
- In Ground Pool
- Mountain View
- Forest Elementary School Rated A-
- 2.25 Acre Lot
- Great Room with Fireplace
About This Home
As of August 2012REDUCED! **Short Sale** Bank wants offers! Appraised in 2007 for 1.4 million, this incredible property is GORGEOUS, waterfront (over 300'), 10,000 sqft. between the main house (with 7,200 sqft, and the In-Law home (built in 2005) with 2,800 sqft. With 21 rooms, 8 bedrooms, 7 full baths, 4 kitchens, 3 laundry rooms, and 4 bedrooms master suites, this home has room for the whole family! You'll LOVE the newly remodeled GOURMET kitchen with granite countertops, commercial grade gas grill/stove, pot filler, Butler's pantry, and a second kitchen on the lower level, plus full kitchen in the in-law cottage (perfect for newlyweds or as a rental too with it's own garage). An abundance of family, game rooms, studio, 2-story vaulted great room overlooking Ivy Lake and the in-ground pool (of course it has a pool). You'll love the circular driveway for LOTS of parking/entertaining (3+ grgs), marble, Brazilian cherry floors, multpile porches, patios. One of a kind home! BRING OFFERS!
Last Agent to Sell the Property
Re/Max 1st Olympic License #0225103715 Listed on: 09/07/2011
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,000
Year Built
- Built in 1988
Lot Details
- 2.25 Acre Lot
- Lake Front
- Landscaped
- Property is zoned Prd
Home Design
- Shingle Roof
Interior Spaces
- 10,030 Sq Ft Home
- 2-Story Property
- Multiple Fireplaces
- Great Room with Fireplace
- Den with Fireplace
- Mountain Views
- Pull Down Stairs to Attic
- Home Security System
- Laundry Room
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Whirlpool Bathtub
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Fireplace in Basement
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Pool
- In Ground Pool
Schools
- Forest Elementary School
- Forest Midl Middle School
- Jefferson Forest-Hs High School
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 99A-2-9
Community Details
Overview
- Ivy Hill Subdivision
Recreation
- Tennis Courts
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2011
Closed on
Aug 17, 2012
Sold by
Bought by
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Pat Whitehouse
RE/MAX 1st Olympic
List Price
$945,540
Sold Price
$510,000
Premium/Discount to List
-$435,540
-46.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,474
Avg. Annual Appreciation
5.74%
Original Mortgage
$408,000
Outstanding Balance
$271,964
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$843,510
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Forest, VA
-
William Lokar
-
Brandon Black
Brandon Black
Real Broker, LLC
(434) 300-3675
65 Total Sales
1 in Forest
$220,000 Price
-
Garrison Adams
Garrison Adams
RE/MAX LAKEFRONT REALTY INC
(540) 900-2997
65 Total Sales
2 in Forest
$565,000 Price Range
-
STEVEN MARTIN
STEVEN MARTIN
RE/MAX NEW HORIZONS
(434) 443-8331
56 Total Sales
1 in Forest
$289,000 Price
-
Teresa Grant
Teresa Grant
Keller Williams
(434) 300-3959
282 Total Sales
20 in Forest
$200K - $750K Price Range
-
Mickey Herzing
Mickey Herzing
Mark A. Dalton & Co., Inc.
(434) 771-1920
130 Total Sales
10 in Forest
$240K - $435K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $510,000 | Lenders Title & Escrow Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $30,000 | ||
| Open | $408,000 | ||
| Previous Owner | $75,000 | ||
| Previous Owner | $633,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2012 08/17/12 | Sold | $510,000 | -46.1% | $51 / Sq Ft |
| 08/06/2012 08/06/12 | Pending | -- | -- | -- |
| 09/07/2011 09/07/11 | For Sale | $945,540 | -- | $94 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,799 | $926,700 | $105,000 | $821,700 |
| 2025 | $3,799 | $926,700 | $105,000 | $821,700 |
| 2024 | $3,799 | $926,700 | $105,000 | $821,700 |
| 2023 | $3,799 | $463,350 | $0 | $0 |
| 2022 | $3,470 | $346,950 | $0 | $0 |
| 2021 | $3,470 | $693,900 | $90,000 | $603,900 |
| 2020 | $3,470 | $693,900 | $90,000 | $603,900 |
| 2019 | $3,470 | $693,900 | $90,000 | $603,900 |
| 2018 | $2,843 | $546,800 | $60,300 | $486,500 |
| 2017 | $2,843 | $546,800 | $60,300 | $486,500 |
| 2016 | $2,843 | $546,800 | $60,300 | $486,500 |
| 2015 | $2,843 | $546,800 | $60,300 | $486,500 |
| 2014 | $4,041 | $777,200 | $65,000 | $712,200 |
Source: Public Records
Agents Affiliated with this Home
-
Nadine Blakely
Seller's Agent in 2012
Nadine Blakely
RE/MAX
(434) 444-2226
369 Total Sales
-
Pat Whitehouse
Buyer's Agent in 2012
Pat Whitehouse
RE/MAX
(434) 832-1100
67 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 268597
APN: 99A-2-9
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