NOT LISTED FOR SALE

108 Meadowgate Dr Forest, VA 24551

Estimated Value: $484,673 - $564,000

4 Beds
3 Baths
2,550 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $423,110 $166 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,856/month

2 Days on Market

Highlights

  • Community Lake
  • Property is near a clubhouse
  • Wood Flooring
  • Forest Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom

About This Home

As of March 2022

Nestled in a quiet cul-de-sac in Ivy Hills, 108 Meadowgate Dr. features 4 bedrooms, 3 full baths, 2 fireplaces, 2 car garage with huge walk up, & a large basement. Enjoy a variety of living and dining spaces on the main level; including a living room off the main entrance, den complete with gas fireplace & deck access, as well as a formal dining room. The renovated kitchen is equipped with large eat-in island (seats 4), double wall oven & electric cooktop. A full bath and spacious bedroom conclude the main level. Upstairs, find 3 additional bedrooms, including the master suite with its own fireplace, built in vanity, 2 walk in closets & full bath. Finishing off the second level is a third full bathroom & 5th room that could be an office space or upstairs laundry. A full, poured concrete basement offers endless possibilities & has its own wood stove, and walkout access to your exceptionally large private, flat backyard backing up to the woods. Deck is updated with maintenance free vinyl

Last Agent to Sell the Property

Tina Friar

Keller Williams License #0225171434 Listed on: 02/04/2022

Keller Williams

Last Buyer's Agent

Kelly Mann

Lynchburg's Finest Team LLC License #0225218033

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 1981

Lot Details

  • 0.86 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned PRD

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 2,550 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Location

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

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 8108700

Community Details

Overview

  • Ivy Hill Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,995

Year Built

Built in 1981

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • FILLACRES: 0.8600
  • AssocFeeOptional: Optional
  • Directions: From Perrowville Rd, turn onto Quail Ridge Dr, follow until turning onto Meadowgate Dr on the left. Home will be towards the end of the street on the right.
  • Internet Providers: Comcast/Xfinity
  • Lot Measurement: Acres
  • Lot Sq Ft: 37462.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 8108700
  • Year Built: 1981
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 14.000
  • Officeden Wid: 21.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 13.000 x 15.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 247.000000
  • Master Bedroom Dim: 19.000 x 13.000
  • Masterbedroom Len: 19.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 10.000 x 9.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: IVY HILL LT 9 BK 3 SC 2
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 12x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 13x12 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 156.000000
  • Above Grade Finished Sq Ft: 2550.00
  • ApplianceConvey: Microwave, Range-Elec, Range-Gas, Refrigerator, Wall Oven
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Fireplace, Full, Interior Entrance, Poured Concrete, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Year Built Exception: 0
  • Den: 14x21 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Gas Log, Living Room, Master Bedroom, Wood Burning
  • Formal Dining: 12x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Interior Amenities: Drywall, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 15x11 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 13x15 Level: Level 1 Above Grade
  • Master Bedroom: 19x13 Level: Level 2 Above Grade
  • Office: 10x9 Level: Level 2 Above Grade
  • Den Area: 294.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 165.000000
  • LivingRoom Area: 195.000000
  • Office Area: 90.000000
  • 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: 9
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Garden Space, Landscaped, Tennis Courts Nearby, Lake Nearby, Club House Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Area: 50.000000
  • Garage Dim: 2.000 x 25.000
  • GarageLen: 2.000
  • GarageWid: 25.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 40.00
  • Subdivision Complex: Ivy Hill

Schools

  • Elementary School #2: Thomas Jefferson-Elm
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2550.00
  • Zoning: PRD

Tax Info

  • Estimated Taxes: 1995

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 11, 2022
Sold by
Mistretta Renata A
Bought by
Wade Lauren and Wade Jason
Seller's Agent
Tina Friar
Keller Williams
Buyer's Agent
Kelly Mann
Lynchburg's Finest Team LLC
List Price
$399,000
Sold Price
$423,110
Premium/Discount to List
$24,110
6.04%
Current Estimated Value
$519,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,308
Avg. Annual Appreciation
5.59%
Original Mortgage
$401,955
Outstanding Balance
$372,475
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$146,944

Purchase Details

Closed on
Mar 6, 2019
Sold by
Hunter Howlett E and Hunter Faye C
Bought by
Smith Steven C and Smith Margaret C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wade Lauren $423,110 Old Republic National Title
Smith Steven C $321,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wade Lauren $401,955
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $423,110 +6.0% $166 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $399,000 -- $156 / 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 $1,571 $383,200 $65,000 $318,200
2024 $1,571 $383,200 $65,000 $318,200
2023 $1,571 $191,600 $0 $0
2022 $1,368 $136,750 $0 $0
2021 $1,368 $273,500 $50,000 $223,500
2020 $1,368 $273,500 $50,000 $223,500
2019 $1,368 $273,500 $50,000 $223,500
2018 $1,269 $244,000 $45,000 $199,000
2017 $1,269 $244,000 $45,000 $199,000
2016 $1,269 $244,000 $45,000 $199,000
2015 $1,269 $244,000 $45,000 $199,000
2014 $1,298 $249,600 $40,000 $209,600
Source: Public Records

Agents Affiliated with this Home

  • Tina Friar

    Seller's Agent in 2022

    Tina Friar

    Keller Williams

    (434) 660-6020

    201 Total Sales

    Tina Friar
    Section Image

  • K

    Buyer's Agent in 2022

    Kelly Mann

    Lynchburg's Finest Team LLC

    (434) 944-2371

    109 Total Sales

    Kelly Mann
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 336185

APN: 81A-13-9

Virginia Bedford County Forest 24551

108 Meadowgate Dr, Forest, VA

Not Listed for Sale

Detached

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