NOT LISTED FOR SALE

1080 Somers Way Forest, VA 24551

Estimated Value: $366,000 - $461,000

3 Beds
3 Baths
1,686 Sq Ft
$234/Sq Ft Est. Value

About This Home

This home is located at 1080 Somers Way, Forest, VA 24551 and is currently estimated at $395,308, approximately $234 per square foot. 1080 Somers Way is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Mcgorman Michael P and Mcgorman Priscilla J
Bought by
Mcgorman Michael P and Mcgorman Priscilla J
Current Estimated Value
$395,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
2.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 10, 2021
Sold by
Mcgorman Michael P and Mcgorman Priscilla J
Bought by
Mcgorman Michael P and Mcgorman Priscilla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,500
Interest Rate
2.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 2, 2020
Sold by
Mcgorman Michael P and Mcgorman Priscilla J
Bought by
Mcgorman Michael P and Mcgorman Priscilla J

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mcgorman Michael P -- None Available
Mcgorman Michael P -- None Available
Mcgorman Michael P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mcgorman Michael P $203,500
Closed Mcgorman Michael P $190,225
Closed Mcgorman Michael P $200,000
Closed Megorman Michael P $42,200
Source: Public Records

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 $1,251 $305,200 $65,000 $240,200
2023 $1,251 $152,600 $0 $0
2022 $1,084 $108,400 $0 $0
2021 $1,084 $216,800 $50,000 $166,800
2020 $1,084 $216,800 $50,000 $166,800
2019 $1,084 $216,800 $50,000 $166,800
2018 $1,002 $192,600 $47,000 $145,600
2017 $1,002 $192,600 $47,000 $145,600
2016 $1,002 $192,600 $47,000 $145,600
2015 $1,002 $192,600 $47,000 $145,600
2014 $989 $190,200 $40,000 $150,200
Source: Public Records

Map

Virginia Bedford County Forest 24551

1080 Somers Way, Forest, VA

Homes for Sale in Forest, VA

This home is located at 1080 Somers Way, Forest, VA 24551 and is currently estimated at $395,308, approximately $234 per square foot. 1080 Somers Way is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

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