1071 Gables Dr Forest, VA 24551
Studio
--
Bath
29,280
Sq Ft
14,375
Sq Ft
About This Home
This home is located at 1071 Gables Dr, Forest, VA 24551. 1071 Gables Dr is a home located in Bedford County with nearby schools including Thomas Jefferson Elementary School, Forest Middle School, and Jefferson Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 24, 2025
Sold by
Maddox Properties Llc
Bought by
Conserve Forest Llc and Conserve Forest Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,900,000
Outstanding Balance
$24,900,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2024
Sold by
Jellyfishin Llc
Bought by
Maddox Properties Llc
Purchase Details
Closed on
May 6, 2011
Sold by
Maddox & Son Construction Llc
Bought by
Jellyfishin Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.88%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Conserve Forest Llc | $39,850,000 | Old Republic National Title In | |
| Maddox Properties Llc | $4,320,000 | Old Republic National Title In | |
| Jellyfishin Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Conserve Forest Llc | $24,900,000 | |
| Previous Owner | Jellyfishin Llc | $1,500,000 |
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 | $15,464 | $3,771,800 | $287,500 | $3,484,300 |
| 2024 | $15,464 | $3,771,800 | $287,500 | $3,484,300 |
| 2023 | $15,464 | $1,885,900 | $0 | $0 |
| 2022 | $11,294 | $1,129,350 | $0 | $0 |
| 2021 | $11,294 | $2,258,700 | $172,500 | $2,086,200 |
| 2020 | $11,294 | $2,258,700 | $172,500 | $2,086,200 |
| 2019 | $11,294 | $2,258,700 | $172,500 | $2,086,200 |
| 2018 | $11,596 | $2,230,000 | $143,800 | $2,086,200 |
| 2017 | $11,596 | $2,230,000 | $143,800 | $2,086,200 |
| 2016 | $11,596 | $2,230,000 | $143,800 | $2,086,200 |
| 2015 | $11,596 | $2,230,000 | $143,800 | $2,086,200 |
| 2014 | $10,644 | $2,047,000 | $143,800 | $1,903,200 |
Source: Public Records
Map
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