NOT LISTED FOR SALE

1079 Elk Lake Ln Forest, VA 24551

Estimated Value: $398,000 - $450,691

3 Beds
2.5 Baths
2,100 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $248,000 $118 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,391/month

21 Days on Market

Highlights

  • Water Access
  • Mountain View
  • Secluded Lot
  • Forest Middle School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of May 2019

Beautiful three bedroom ,three bath home in a serene lake setting. Located in Bedford County, this gem of a home boasts many exquisite features. The open floor plan with a main level master bedroom with master bath and walk-in closet is a must see. Lots of natural light with the abundance of windows. Enjoy gathering with friends and family in the inviting kitchen with nice appliances and a terrific bar top. Beautiful craftsmanship is displayed in the cabinetry with lots of kitchen storage. Upstairs offers a den for relaxing and two more large bedrooms. Hardwood floors, and some new carpet are just a couple of the goodies that this home offers. For future expansion, there is a full basement with a potential for another bath. Enjoy your coffee in your rocking chair on the wrap around porch or private deck off of the master bedroom. Natural wooded views and lake views are your everyday scenery. All of this setting on almost an acre and a half With a firepit. Boarders Elk Creek.

Last Agent to Sell the Property

Debbie Timberlake

Karl Miller Realty LLC License #0225179321 Listed on: 03/22/2019

Last Buyer's Agent

Sarah LaFrance

Mark A. Dalton & Co., Inc. License #0225229533

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,300

Year Built

  • Built in 2006

Lot Details

  • 1.44 Acre Lot
  • Secluded Lot
  • Property is zoned R1

Home Design

  • Shingle Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Rough-In Basement Bathroom

Outdoor Features

  • Water Access

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Elk Lake Trace Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 11600408

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,300

Year Built

Built in 2006

Lot Details

0

Listing Details

  • FILLACRES: 1.4400
  • Directions: 221 to Elkton Farm Rd. to Right on Elk Lake Lane, Home on right at the end.
  • Internet Providers: Satellite, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 62726.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 11600408
  • Year Built: 2006
  • Heating System: Heat Pump, Hot Water-Elec, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 20.000
  • Officeden Wid: 13.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 26.000 x 24.000
  • Livingroom Len: 26.000
  • Livingroom Wid: 24.000
  • Masterbedroom Area: 256.000000
  • Master Bedroom Dim: 16.000 x 16.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 16.000
  • 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: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Elk Lake Trace LT 8 Sec 2
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 16x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 224.000000
  • Third Bedroom: 12x14 Level: Level 2 Above Grade
  • Third Bedroom Area: 168.000000
  • Above Grade Finished Sq Ft: 2100.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Storage Only
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Roughed in Bath
  • Breakfast Area: 11x10 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 10x12 Level: Level 1 Above Grade
  • Den: 20x13 Level: Level 2 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Tile Bath(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Pantry, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 10x13 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 26x24 Level: Level 1 Above Grade
  • Master Bedroom: 16x16 Level: Level 1 Above Grade
  • Porch: 7x72 Level: Level 1 Above Grade
  • Den Area: 260.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 130.000000
  • LivingRoom Area: 624.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Secluded Lot, Undergrnd Utilities, Mountain Views, Lake Nearby, Water Access

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Elk Lake Trace

Schools

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

Lot Info

  • Lot Sq Ft: 2100.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
May 17, 2019
Sold by
Tedford Shelly L
Bought by
Brown William E and Brown Leann
Seller's Agent
Debbie Timberlake
Karl Miller Realty LLC
Buyer's Agent
Sarah LaFrance
Mark A. Dalton & Co., Inc.
List Price
$259,900
Sold Price
$248,000
Premium/Discount to List
-$11,900
-4.58%
Current Estimated Value
$430,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,423
Avg. Annual Appreciation
8.80%
Original Mortgage
$208,000
Outstanding Balance
$184,038
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$239,888

Purchase Details

Closed on
Aug 17, 2006
Sold by
Earl M Driskill Inc
Bought by
Tedford Shelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Brown William E $248,000 Attorney
Tedford Shelly L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown William E $208,000
Previous Owner Tedford Shelly L $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $248,000 -4.6% $118 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $259,900 -- $124 / 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 $1,420 $346,300 $60,000 $286,300
2024 $1,420 $346,300 $60,000 $286,300
2023 $1,420 $173,150 $0 $0
2022 $1,250 $125,000 $0 $0
2021 $1,250 $250,000 $50,000 $200,000
2020 $1,250 $250,000 $50,000 $200,000
2019 $1,250 $250,000 $50,000 $200,000
2018 $1,161 $223,200 $40,000 $183,200
2017 $1,161 $223,200 $40,000 $183,200
2016 $1,161 $223,200 $40,000 $183,200
2015 $1,161 $223,200 $40,000 $183,200
2014 $1,194 $229,700 $35,000 $194,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Debbie Timberlake

    Karl Miller Realty LLC

    Section Image

  • S

    Buyer's Agent in 2019

    Sarah LaFrance

    Mark A. Dalton & Co., Inc.

    (434) 444-4615

    42 Total Sales

    Sarah LaFrance
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 317397

APN: 116-17-8

Virginia Bedford County Forest 24551

1079 Elk Lake Ln, Forest, VA

This home is located at 1079 Elk Lake Ln, Forest, VA 24551 since 22 March 2019 and is currently estimated at $430,423, approximately $204 per square foot. This property was built in 2006. 1079 Elk Lake Ln is a home located in Bedford County with nearby schools including Thomas Jefferson Elementary School, Forest Middle School, and Jefferson Forest High School.

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