NOT LISTED FOR SALE

1071 Shade Tree Dr Forest, VA 24551

Estimated Value: $511,000 - $575,000

4 Beds
4.5 Baths
3,644 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $485,000 $133 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,014/month

22 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Walk-In Closet
  • Main Floor Bedroom
  • Fenced Yard
  • En-Suite Primary Bedroom

About This Home

As of June 2023

Beautiful 2-story Colonial on 1.32 acres in Forest with main level primary suite! Lovely setting, nestled among mature trees, huge backyard. FABULOUS updates include: NEW roof, NEW heatpump on main level, refinished hardwoods, new paint, leaf filter gutter guards. Covered front porch leads to foyer, gleaming hardwoods, formal dining room. Huge living room with stone fireplace, ideal to relax, and entertain guests. Kitchen features beautiful granite, nice appliances, bar area, and side porch. Enjoy meals in the breakfast nook, dining room, or take dinner outside to the deck overlooking the lush backyard. Main level primary suite is spacious, and private. Second level boasts large bedrooms, one bedroom is a suite. Terrace level ideal for gaming and enjoying with guests. Bedroom and full bathroom on terrace level, plus storage room that could be office, craft room, or studio. Terrace level garage is oversized, and offers abundance of storage. Rear yard with large firepit! WOW!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 04/19/2023

Re/Max 1st Olympic

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,978

Year Built

  • Built in 2001

Lot Details

  • 1.32 Acre Lot
  • Fenced Yard
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 3,644 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Storage

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
  • Cable TV Available

Community Details

  • Shade Tree Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8102518

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,978

Year Built

Built in 2001

Lot Details

0

Listing Details

  • FILLACRES: 1.3200
  • BuildingOnProperty: Storage Building
  • Directions: 221 to Cottontown, Shade Tree on Right, home of Right.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 57499.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 8102518
  • Year Built: 2001
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 135.000000
  • Laundryroom Dim: 7.000 x 6.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 25.000 x 14.000
  • Livingroom Len: 25.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 272.000000
  • Master Bedroom Dim: 17.000 x 16.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: SHADE TREE LT 21 SEC 1 PB 35/3
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 19x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 247.000000
  • Third Bedroom: 13x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 14x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 168.000000
  • Above Grade Finished Sq Ft: 2688.00
  • ApplianceConvey: Dishwasher, Disposal, Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Full, Garage, Heated, Partitioned, Roughed in Bath, Walkout
  • Breakfast Area: 11x10 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Vinyl, Other
  • Year Built Exception: 0
  • Deck: 16x12 Level: Level 1 Above Grade
  • Family Room: 24x11 Level: Below Grade
  • Fireplace: 1 Fireplace, Living Room
  • Formal Dining: 14x12 Level: Level 1 Above Grade
  • Foyer: 15x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Laundry Room: 7x6 Level: Below Grade
  • Living Room: 25x14 Level: Level 1 Above Grade
  • Master Bedroom: 17x16 Level: Level 1 Above Grade
  • Porch: 8x8 Level: Level 1 Above Grade
  • FamilyRoom Area: 264.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • Laundry Room Area: 42.000000
  • LivingRoom Area: 350.000000
  • 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

  • Lot Number: 21
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Fenced Yard, Garden Space, Landscaped
  • Patio: 16x12 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 462.000000
  • Garage Dim: 22.000 x 21.000
  • GarageLen: 22.000
  • GarageWid: 21.000

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: Lynchburg Board of Realtors
  • Subdivision Complex: Shade Tree

Schools

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

Lot Info

  • Lot Sq Ft: 3644.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 23, 2023
Sold by
Anderson William J and Anderson Teresa L
Bought by
Wilkins Stephen T and Wilkins Kimberly A
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Josh Redmond
Mark A. Dalton & Co., Inc.
List Price
$497,500
Sold Price
$485,000
Premium/Discount to List
-$12,500
-2.51%
Views
65
Current Estimated Value
$548,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,931
Avg. Annual Appreciation
4.98%
Original Mortgage
$325,000
Outstanding Balance
$315,963
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$232,968

Purchase Details

Closed on
May 5, 2011
Sold by
Speas Eric S and Speas Kelly R
Bought by
Anderson William J and Anderson Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2006
Sold by
Travis Robert J and Travis Lisa P
Bought by
Speas Eric C and Speas Kelly R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Wilkins Stephen T $485,000 None Listed On Document
Anderson William J -- None Available
Speas Eric C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins Stephen T $325,000
Previous Owner Anderson William J $256,500
Previous Owner Speas Eric C $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $485,000 -2.5% $133 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $497,500 -- $137 / 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 $1,661 $405,000 $65,000 $340,000
2024 $1,661 $405,000 $65,000 $340,000
2023 $1,661 $202,500 $0 $0
2022 $1,574 $157,400 $0 $0
2021 $1,574 $314,800 $55,000 $259,800
2020 $1,574 $314,800 $55,000 $259,800
2019 $1,574 $314,800 $55,000 $259,800
2018 $1,466 $282,000 $55,000 $227,000
2017 $1,466 $282,000 $55,000 $227,000
2016 $1,466 $282,000 $55,000 $227,000
2015 $1,466 $282,000 $55,000 $227,000
2014 $1,471 $282,800 $31,000 $251,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343640

APN: 81-6-21