S
Seller's Agent in 2022
Shannon Sims
Keller Williams
(540) 580-4471
132 Total Sales
1077 Rio Ln Forest, VA 24551
Estimated Value: $774,000 - $791,000
5
Beds
4
Baths
4,498
Sq Ft
$174/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Wood Flooring
- Formal Dining Room
- In Ground Pool
- Main Floor Bedroom
- Fenced Yard
About This Home
As of December 2022Lovely Somerset Meadows with recently installed pool and solar make this home is perfect for a large family and entertaining guests! Once you enter the home you'll be greeted by high ceilings and open space! Huge main level master with large walk in closet and tile bath. Large kitchen with granite countertops and breakfast area over looking the pool and separate dining room! Two additional main level rooms along with main level laundry, mudroom before heading out to the garage. The second level includes two large bedrooms, jack and Jill bath and huge living area. In the finished basement you'll find the perfect apartment, full kitchen and bath, tile floors and large master with walk in closet. Double doors lead out to the fenced in back yard and separate fenced in pool. This home is a must see!
Last Agent to Sell the Property
Keller Williams License #0225236024 Listed on: 08/20/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,634
Year Built
- Built in 2015
Lot Details
- 0.45 Acre Lot
- Fenced Yard
- Landscaped
- Garden
HOA Fees
- $21 Monthly HOA Fees
Home Design
- Shingle Roof
Interior Spaces
- 4,498 Sq Ft Home
- 2-Story Property
- Fireplace
- Formal Dining Room
- Pull Down Stairs to Attic
- Laundry on main level
Kitchen
- Electric Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Bathtub Includes Tile Surround
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Apartment Living Space in Basement
- Laundry in Basement
Home Security
- Home Security System
- Fire and Smoke Detector
Parking
- 2 Car Attached Garage
- Driveway
Eco-Friendly Details
- Solar Heating System
- Solar Assisted Cooling System
Outdoor Features
- In Ground Pool
- Tennis Courts
Location
- Property is near a golf course
Schools
- New London Academy Elementary School
- Forest Midl Middle School
- Jefferson Forest-Hs High School
Utilities
- Zoned Heating and Cooling
- Underground Utilities
- Electric Water Heater
- High Speed Internet
Community Details
- Association fees include playground, tennis
- Somerset Meadows Subdivision
Listing and Financial Details
- Assessor Parcel Number 90508078
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2022
Closed on
Dec 6, 2022
Sold by
Uglow Susan E
Bought by
Dalton Joshua Gate and Nuckols Dalton Kate
Seller's Agent
Shannon Sims
Keller Williams
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$699,900
Sold Price
$660,000
Premium/Discount to List
-$39,900
-5.7%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,557
Avg. Annual Appreciation
5.70%
Original Mortgage
$528,000
Outstanding Balance
$512,530
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$270,027
Purchase Details
Listed on
Feb 1, 2015
Closed on
Aug 4, 2015
Sold by
Samdanben Land Development Llc A Virgini
Bought by
Uglow Susan E
Seller's Agent
Liz C Dawson
Elite Realty
Buyer's Agent
Melissa Clark
Century 21 ALL-SERVICE-BED
List Price
$428,500
Sold Price
$390,000
Premium/Discount to List
-$38,500
-8.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Purchase Details
Closed on
Sep 10, 2012
Sold by
Ratliff Builders Inc
Bought by
Samdanben Land Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.62%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 18, 2011
Sold by
Reed Jeffery L and Reed Kelli D
Bought by
Ratliff Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
4.63%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dalton Joshua Gate | $660,000 | Chicago National Title Insuran | |
| Uglow Susan E | $390,000 | Attorney | |
| Samdanben Land Development Llc | $21,000 | None Available | |
| Ratliff Builders Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dalton Joshua Gate | $528,000 | |
| Previous Owner | Samdanben Land Development Llc | $15,000 | |
| Previous Owner | Ratliff Builders Inc | $19,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/06/2022 12/06/22 | Sold | $660,000 | -5.7% | $147 / Sq Ft | |
| 11/07/2022 11/07/22 | Pending | -- | -- | -- | |
| 08/20/2022 08/20/22 | For Sale | $699,900 | +79.5% | $156 / Sq Ft | |
| 08/14/2015 08/14/15 | Sold | $390,000 | -9.0% | $87 / Sq Ft | View Prior Sale |
| 08/04/2015 08/04/15 | Pending | -- | -- | -- | |
| 02/01/2015 02/01/15 | For Sale | $428,500 | -- | $95 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $2,854 | $696,000 | $70,000 | $626,000 |
| 2024 | $2,854 | $696,000 | $70,000 | $626,000 |
| 2023 | $2,854 | $348,000 | $0 | $0 |
| 2022 | $2,634 | $263,400 | $0 | $0 |
| 2021 | $2,634 | $526,800 | $60,000 | $466,800 |
| 2020 | $2,472 | $494,400 | $60,000 | $434,400 |
| 2019 | $2,472 | $494,400 | $60,000 | $434,400 |
| 2018 | $2,443 | $469,900 | $55,000 | $414,900 |
| 2017 | $2,443 | $469,900 | $55,000 | $414,900 |
| 2016 | $2,443 | $469,900 | $55,000 | $414,900 |
| 2015 | $1,287 | $247,500 | $55,000 | $192,500 |
| 2014 | $260 | $50,000 | $50,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Shannon Sims
-
Nadine Blakely
Buyer's Agent in 2022
Nadine Blakely
RE/MAX
(434) 444-2226
387 Total Sales
-
Liz C Dawson
L
Seller's Agent in 2015
Liz C Dawson
Elite Realty
117 Total Sales
-
Melissa Clark
M
Buyer's Agent in 2015
Melissa Clark
Century 21 ALL-SERVICE-BED
(434) 221-9041
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 339899
APN: 152-16-177
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