$169,500
SOLD JUN 27, 2014

1077 Commonwealth Cir Forest, VA 24551

Forest Neighborhood
3 Beds
2.5 Baths
1,801 Sq Ft
$90/mo HOA Fee

Recently Sold

$94 Per Sq Ft

8% Below List Price

380 Days on Market

Highlights

  • Property is near a clubhouse
  • Great Room
  • Walk-In Closet
  • Forest Elementary School Rated A-
  • Formal Dining Room
  • En-Suite Primary Bedroom

About This Home

As of August 2016

Unbelievable New Price!! By Far, The Best Value per Square Foot on the market in New Construction at just $98.00/sf!!! So....Let Me Say, Welcome Home to The Townes at Farmington! These Brand New Bungalows are Top Quality...From the Premium Siding and Concrete Driveways on the Exterior, to the Granite, Ceramic and Stainless Features on the Interior, You Will be Impressed by the Exceptional Craftsmanship and Construction that These Fine Homes Offer. Featuring 3 Large Bedrooms with Vaulted Ceilings (Including Master Suite with HUGE Walk-In Closet, and Bath with 6' Soaking Tub), 9' Ceilings on Main Level, Coffered Ceiling in Great Room, Kitchen with Granite Counters, Ceramic Backsplash & Stainless Appliances. The Entry Foyer Offers a Built-In Drop Zone and Bench Just Inside the 1 Car Attached Garage for Convenience When Your Hands are Full! So Much Attention to Detail and Plenty of Storage in These Single Family Attached Homes. Call For More Information or a Private Tour.

Last Agent to Sell the Property

Michele Jordan

Realty ONE Group Leading Edge License #0225080927 Listed on: 05/20/2013

Realty ONE Group Leading Edge

Last Buyer's Agent

Michele Jordan

Realty ONE Group Leading Edge License #0225080927 Listed on: 05/20/2013

Realty ONE Group Leading Edge

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $750

Year Built

  • Built in 2014

Lot Details

  • Privacy Fence
  • Landscaped

HOA Fees

  • $90 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,801 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Ceiling Fan
  • Great Room
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Home Security

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

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

Schools

  • Forest Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance, parking, snow removal, trash
  • Farmington Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$750

Year Built

Built in 2014

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Directions: Rt. 221 to Perrowville Rd. (past JFHS), 1st Entrance on the R then L onto Commonwealth, Last Building on R
  • Lot Measurement: Acres
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2014
  • Heating System: Heat Pump
  • Building Stories: Two
  • Foyer Area: 99.000000
  • Laundryroom Dim: 3.500 x 6.500
  • Laundryroom Len: 3.500
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 320.000000
  • Master Bedroom Dim: 16.000 x 20.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 20.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Lot 19 Section 13 Farmington
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 11x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 1801.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec
  • Has Attic: Floored, Pull Down, Storage Only
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Year Built Exception: 0
  • Foyer: 11x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 21x13 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), Great Room, Master Bed w/ Bath, Multi Media Wired, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 24x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Second Floor, Washer Connections
  • Laundry Room: 3.50x6.50 Level: Level 2 Above Grade
  • Master Bedroom: 16x20 Level: Level 2 Above Grade
  • Porch: 10x10 Level: Level 1 Above Grade
  • GreatRoom Area: 273.000000
  • Livinggreat Room Dim: 21.000 x 13.000
  • Kitchen Area: 264.000000
  • Laundry Room Area: 22.750000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Privacy Fence, Landscaped, Insulated Glass, Club House Nearby, Golf Nearby
  • Patio: 10x16 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 390.000000
  • Garage Dim: 13.000 x 30.000
  • GarageLen: 13.000
  • GarageWid: 30.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Parking, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 90.00
  • Subdivision Complex: Farmington

Schools

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

Lot Info

  • Lot Sq Ft: 1801.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Aug 15, 2016
Sold by
Zhang Qianhui
Bought by
Zhang Qianhui and Pang Lixia
Seller's Agent
Michele Jordan
Realty ONE Group Leading Edge
Buyer's Agent
Jimmy Marston
Mustard Seed Realty
List Price
$189,500
Sold Price
$178,800
Premium/Discount to List
-$10,700
-5.65%
Current Estimated Value
$334,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,019
Avg. Annual Appreciation
7.33%
Original Mortgage
$178,800
Outstanding Balance
$144,581
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$190,238

Purchase Details

Listed on
Mar 31, 2016
Closed on
Aug 4, 2016
Sold by
Wattleworth Roberta A
Bought by
Zhang Qianhui
Seller's Agent
Michele Jordan
Realty ONE Group Leading Edge
Buyer's Agent
Jimmy Marston
Mustard Seed Realty
List Price
$189,500
Sold Price
$178,800
Premium/Discount to List
-$10,700
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Outstanding Balance
$144,581
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$190,238

Purchase Details

Listed on
May 20, 2013
Closed on
Jun 27, 2014
Sold by
Irish Enterprises Llc
Bought by
Wattleworth Roberta A
Seller's Agent
Michele Jordan
Realty ONE Group Leading Edge
Buyer's Agent
Michele Jordan
Realty ONE Group Leading Edge
List Price
$184,900
Sold Price
$169,500
Premium/Discount to List
-$15,400
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Gift Deed -- None Available
Warranty Deed $178,800 Attorney
Deed -- Mid States Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $178,800 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $178,800 -5.6% $99 / Sq Ft
08/11/2016 08/11/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $189,500 +11.8% $105 / Sq Ft
06/27/2014 06/27/14 Sold $169,500 -8.3% $94 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
05/20/2013 05/20/13 For Sale $184,900 -- $103 / 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
2024 $1,204 $293,700 $35,000 $258,700
2023 $1,204 $146,850 $0 $0
2022 $972 $97,200 $0 $0
2021 $972 $194,400 $30,000 $164,400
2020 $972 $194,400 $30,000 $164,400
2019 $972 $194,400 $30,000 $164,400
2018 $885 $170,100 $30,000 $140,100
2017 $885 $170,100 $30,000 $140,100
2016 $885 $170,100 $30,000 $140,100
2015 $885 $170,100 $30,000 $140,100
2014 $130 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 278829

APN: 90510053