NOT LISTED FOR SALE

1069 Rio Ln Forest, VA 24551

Estimated Value: $727,000 - $753,000

5 Beds
4 Baths
4,875 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $585,000 $120 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,089/month

179 Days on Market

Highlights

  • Mountain View
  • Great Room with Fireplace
  • Game Room
  • Property is near a clubhouse
  • Wood Flooring
  • Tennis Courts

About This Home

As of November 2022

NEW PRICE on this stunning, stylish with a Tuscan flair ~ this lovely brick home features a floor plan you'll love with a main level master plus two other bedrooms on the main level. Cul-de-sac lot in Somerset Meadows. Lovely foyer flanked with formal dining, living room/office, open to vaulted great room with F/P. Great room opens to the kitchen with granite countertops, center island, stainless appliances, breakfast nook with unique wood plank ceiling. Master is incredible with pampering master bath, whirlpool tub flanked with columns, tile shower. Second level features multiple bedroom spaces, plus bonus room, full bath, so much space, and generous sized rooms. Terrace level recently finished with family room (second gas F/P), rec area, kitchenette, full bath, massive storage room, and more. Fireside chats around the firepit are the perfect way to relax in the evening, and watch yard games, and fun memories being made on the swing set. WOW, prepare to FALL IN LOVE!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 04/25/2022

Re/Max 1st Olympic

Last Buyer's Agent

Samantha Aaron

Keller Williams License #0225235324

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 2008

Lot Details

  • 0.47 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 4,875 Sq Ft Home
  • 1.5-Story Property
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Attic Access Panel
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • Property is near a clubhouse
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15216176

Community Details

Overview

  • Association fees include playground
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Year Built

Built in 2008

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.4700
  • AssocFeeOptional: Required
  • Directions: Route 460 West to left on route 811 to right into Somerset Meadows to left on Colby to right on Rio to home on Right
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 20473.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 15216176
  • Year Built: 2008
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: STRY
  • Foyer Area: 90.000000
  • Laundryroom Dim: 7.000 x 6.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 13.000 x 12.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 294.000000
  • Master Bedroom Dim: 21.000 x 14.000
  • Masterbedroom Len: 21.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 132.000000
  • Other Room1 Len: 11.000
  • Other Room2 Area: 70.000000
  • Other Room2 Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (4 0)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: SOMERSET MEADOWS SEC 7 LT 176 PB 48/77
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 13x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 12x10 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 120.000000
  • Fifth Bedroom: 20x13 Level: Level 1 Above Grade
  • Fifth Bedroom Area: 260.000000
  • Above Grade Finished Sq Ft: 3248.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access, Pull Down, Storage Only
  • Has Basement: Exterior Entrance, Finished, Game Room, Heated, Interior Entrance, Partitioned, Roughed in Bath
  • Breakfast Area: 12x10 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 16x12 Level: Level 1 Above Grade
  • Family Room: 20x12 Level: Below Grade
  • Fireplace: 2 Fireplaces, Den, Gas Log, Great Room
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Foyer: 10x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Great Room: 22x15 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Master Bed w/ Bath, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 12x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 7x6 Level: Level 1 Above Grade
  • Living Room: 13x12 Level: Level 1 Above Grade
  • Master Bedroom: 21x14 Level: Level 1 Above Grade
  • Other Room 1: 11x12 Level: Level 2 Above Grade
  • Other Room 2: 10x7 Level: Level 2 Above Grade
  • Porch: 9x3 Level: Level 1 Above Grade
  • Rec Room: 14x12 Level: Below Grade
  • Additional Room 1 Description: Bonus/bedroom
  • Additional Room 2 Description: Kids cove area
  • FamilyRoom Area: 240.000000
  • GreatRoom Area: 330.000000
  • Livinggreat Room Dim: 22.000 x 15.000
  • Kitchen Area: 120.000000
  • Laundry Room Area: 42.000000
  • LivingRoom Area: 156.000000
  • Est Other Room1 Dim: 11.000 x 12.000
  • Est Other Room2 Dim: 10.000 x 7.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 168.000000
  • Rec Room Dim: 14.000 x 12.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 8
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Club House Nearby, Golf Nearby
  • Patio: 28x16 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 546.000000
  • Garage Dim: 26.000 x 21.000
  • GarageLen: 26.000
  • GarageWid: 21.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Other, Playground
  • 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: 4875.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Nov 17, 2022
Sold by
Wolf Rudolf W and Wolf Melissa G
Bought by
Stauder Justin and Stauder Mikaela
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Samantha Aaron
Keller Williams
List Price
$720,000
Sold Price
$585,000
Premium/Discount to List
-$135,000
-18.75%
Views
3
Current Estimated Value
$737,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,137
Avg. Annual Appreciation
7.74%
Original Mortgage
$225,000
Outstanding Balance
$218,010
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$519,127

Purchase Details

Listed on
Jun 5, 2014
Closed on
May 23, 2014
Sold by
Irby Dustin L and Irby Rebecca B
Bought by
Wolf Rudolf W and Wolf Melissa G
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$407,500
Sold Price
$407,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$387,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2008
Sold by
Somerset Farms Llc and Hubbard Jeffrey B
Bought by
Irby Dustin L and Irby Rebecca B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stauder Justin $585,000 Old Republic National Title
Wolf Rudolf W $407,500 Old Republic National Title
Irby Dustin L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stauder Justin $225,000
Previous Owner Wolf Rudolf W $387,000
Previous Owner Irby Dustin L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $585,000 -18.8% $120 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $720,000 +76.7% $148 / Sq Ft
06/09/2014 06/09/14 Sold $407,500 0.0% $139 / Sq Ft View Prior Sale
06/09/2014 06/09/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $407,500 -- $139 / 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 $2,517 $613,800 $70,000 $543,800
2024 $2,517 $613,800 $70,000 $543,800
2023 $2,517 $306,900 $0 $0
2022 $2,157 $215,650 $0 $0
2021 $2,157 $431,300 $60,000 $371,300
2020 $2,157 $431,300 $60,000 $371,300
2019 $2,157 $431,300 $60,000 $371,300
2018 $2,034 $391,100 $55,000 $336,100
2017 $2,034 $391,100 $55,000 $336,100
2016 $2,034 $391,100 $55,000 $336,100
2015 $2,034 $391,100 $55,000 $336,100
2014 $2,021 $388,600 $55,000 $333,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 337836

APN: 152-16-176