NOT LISTED FOR SALE

1076 Rio Ln Forest, VA 24551

Estimated Value: $642,544 - $777,000

4 Beds
2.5 Baths
3,327 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 04, 2013

Last sale price $385,000 $116 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,965/month

69 Days on Market

Highlights

  • Wood Flooring
  • Whirlpool Bathtub
  • Oversized Parking
  • Main Floor Bedroom
  • Great Room with Fireplace
  • Walk-In Closet

About This Home

As of January 2013

Incredible open plan includes 2-story foyer, private entry & formal living or dining area - Open great / living room w/ fp, hardwoods, arches & columns open to huge dining area & gourmet kitchen - Spacious & bright master suite w/ sitting area, triple-trey,luxury bath and sensational closet space - First floor laundry and garage too! - 3 More bedrooms up - Full unfinished basement ready for storage, expansion and more! - Nice yard on a short cul de sac street in sought after Somerset Meadows!

Last Agent to Sell the Property

Robert Dawson

BHHS Dawson Ford Garbee License #0225036912 Listed on: 08/24/2012

BHHS Dawson Ford Garbee

Last Buyer's Agent

Liz C Dawson

Elite Realty License #0225142343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,630

Year Built

  • Built in 2008

Lot Details

  • 0.8 Acre Lot
  • Landscaped

Home Design

  • Shingle Roof

Interior Spaces

  • 3,327 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Attic

  • Storage In Attic
  • Attic Access Panel

Basement

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

Parking

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

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Somerset Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 90508073

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,630

Year Built

Built in 2008

Lot Details

0

Listing Details

  • FILLACRES: 0.8000
  • 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 left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 34848.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90508073
  • Year Built: 2008
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 91.000000
  • Laundryroom Dim: 8.000 x 6.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 14.000 x 11.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 378.000000
  • Master Bedroom Dim: 27.000 x 14.000
  • Masterbedroom Len: 27.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Lot 182 Sec 7 PB 48/77 Somerset Meadows
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 20x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 240.000000
  • Third Bedroom: 17x15 Level: Level 2 Above Grade
  • Third Bedroom Area: 255.000000
  • Fourth Bedroom: 15x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 180.000000
  • Above Grade Finished Sq Ft: 3327.00
  • ApplianceConvey: Cooktop, Dishwasher, Range-Elec, Range-Gas, Self Cleaning Oven, Wall Oven
  • Has Attic: Access, Storage Only
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Roughed in Bath, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 15x12 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 20x12 Level: Level 1 Above Grade
  • Foyer: 13x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 19x16 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Pantry, Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 16x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 8x6 Level: Level 1 Above Grade
  • Living Room: 14x11 Level: Level 1 Above Grade
  • Master Bedroom: 27x14 Level: Level 1 Above Grade
  • Porch: 0x0 Level: Level 1 Above Grade
  • GreatRoom Area: 304.000000
  • Livinggreat Room Dim: 19.000 x 16.000
  • Kitchen Area: 192.000000
  • Laundry Room Area: 48.000000
  • LivingRoom Area: 154.000000
  • 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: Lot 182
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Landscaped, Insulated Glass

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 609.000000
  • Garage Dim: 29.000 x 21.000
  • GarageLen: 29.000
  • GarageWid: 21.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Somerset Meadows

Schools

  • Elementary School #2: New London Academy
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 3327.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2015
Sold by
Berry Benjamin M
Bought by
Berry Benjamin M and Berry Brittanie T
Current Estimated Value
$722,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$246,187
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$475,949

Purchase Details

Listed on
Aug 24, 2012
Closed on
Jan 4, 2013
Sold by
Somerset Meadows Llc
Bought by
Berry Benjamin M
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Liz C Dawson
Elite Realty
List Price
$424,900
Sold Price
$385,000
Premium/Discount to List
-$39,900
-9.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$293,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2012
Closed on
Nov 6, 2012
Sold by
Parnham C Scott
Bought by
Berry Benjamin M
Seller's Agent
Robert Dawson
BHHS Dawson Ford Garbee
Buyer's Agent
Liz C Dawson
Elite Realty
List Price
$424,900
Sold Price
$385,000
Premium/Discount to List
-$39,900
-9.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2008
Sold by
Parnham C Scott
Bought by
Parnham C Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2008
Sold by
Thomas Builders Of Viginia Inc
Bought by
Parnham C Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2007
Sold by
Caragher Joseph A and Caragher Mary Kay
Bought by
Thomas Builders Of Virginia Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,200
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Berry Benjamin M -- None Available
Berry Benjamin M -- None Available
Berry Benjamin M $385,000 None Available
Parnham C Scott -- None Available
Parnham C Scott -- None Available
Thomas Builders Of Virginia Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berry Benjamin M $320,000
Previous Owner Berry Benjamin M $293,000
Previous Owner Parnham C Scott $336,000
Previous Owner Thomas Builders Of Virginia Inc $335,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2013 01/04/13 Sold $385,000 -9.4% $116 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $424,900 -- $128 / 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 $2,303 $561,800 $70,000 $491,800
2024 $2,303 $561,800 $70,000 $491,800
2023 $2,303 $280,900 $0 $0
2022 $2,057 $205,700 $0 $0
2021 $2,057 $411,400 $60,000 $351,400
2020 $2,012 $402,400 $60,000 $342,400
2019 $2,012 $402,400 $60,000 $342,400
2018 $1,891 $363,700 $55,000 $308,700
2017 $1,891 $363,700 $55,000 $308,700
2016 $1,891 $363,700 $55,000 $308,700
2015 $1,891 $363,700 $55,000 $308,700
2014 $1,924 $370,000 $55,000 $315,000
Source: Public Records

Agents Affiliated with this Home

  • Robert Dawson

    Seller's Agent in 2013

    Robert Dawson

    BHHS Dawson Ford Garbee

    (434) 841-0890

    289 Total Sales

    Robert Dawson
    Section Image

  • L

    Buyer's Agent in 2013

    Liz C Dawson

    Elite Realty

    116 Total Sales

    Liz C Dawson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 274301

APN: 152-16-182

Virginia Bedford County Forest 24551

1076 Rio Ln, Forest, VA

Not Listed for Sale

Detached

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