NOT LISTED FOR SALE

1081 Lake Meadow Ln Forest, VA 24551

Estimated Value: $674,000 - $711,000

5 Beds
3.5 Baths
4,005 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $410,000 $102 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,852/month

137 Days on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Great Room with Fireplace
  • Forest Elementary School Rated A-
  • Main Floor Bedroom
  • Screened Porch

About This Home

As of August 2018

Priced to sell! This lovely, well maintained, brick home is situated on a 1.81 acre lot in the beautiful Ivy Lake/Lakepointe community with lake access. This home is perfect for an extended family. With over 4000 sq. feet of finished living space, two family rooms, and a full unfinished (over 1800 sq ft) terrace level, there is room for everyone to have private space. The main floor features gleaming hardwood floors, a 17x17 master suite off the den, a generous kitchen/breakfast area with cherry cabinets and plenty of counter space. The screened in porch and formal living and dining rooms make this home perfect for entertaining year round. The second floor features three generous bedrooms, a jack & jill bathroom, an office, a great room, and another possible master suite with on suite bathroom. The large backyard is perfect for a pool or playset and extends to Ivy Lake. The home also has a sprinkler system and security system. Both ac/heat units under warranty until 2020 & 2023.

Last Agent to Sell the Property

Wendy Reddy

Reddy Real Estate, Inc. License #0225058288 Listed on: 03/25/2018

Last Buyer's Agent

Jannie Handy

Mark A. Dalton & Co., Inc. License #0225100373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,028

Year Built

  • Built in 2004

Lot Details

  • 1.81 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 4,005 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Great Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 90503515

Community Details

Overview

  • Lakepointe Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,028

Year Built

Built in 2004

Lot Details

0

Listing Details

  • FILLACRES: 1.8100
  • Directions: 221 to Perrowville, Right on Quail Ridge, to right on Eastway, Right on Lakepointe, Left on Lake Meadow Lane OR from Cottontown Rd turn onto Gilfield Dr. Keep straight, drive into LakePointe Subdivision. Left onto Lake Meadow Lane. House on right
  • Lot Measurement: Acres
  • Lot Sq Ft: 78844.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90503515
  • Year Built: 2004
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 16.000
  • Officeden Wid: 23.000
  • Laundryroom Dim: 7.000 x 6.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 289.000000
  • Master Bedroom Dim: 17.000 x 17.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 17.000
  • Office Dim: 15.000 x 12.000
  • Other Room1 Area: 315.000000
  • Other Room1 Len: 21.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: LAKEPOINTE LT 51
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 182.000000
  • Third Bedroom: 13x13 Level: Level 2 Above Grade
  • Third Bedroom Area: 169.000000
  • Fourth Bedroom: 12x10 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 120.000000
  • Fifth Bedroom: 16x22 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 352.000000
  • Above Grade Finished Sq Ft: 4005.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Roughed in Bath, Walkout
  • Breakfast Area: 11x13 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 17x15 Level: Level 1 Above Grade
  • Den: 16x23 Level: Level 1 Above Grade
  • Family Room: 15x13 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Great Room
  • Formal Dining: 13x14 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), Drapes, Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Other
  • Dining Kitchen: 9x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 7x6 Level: Level 1 Above Grade
  • Living Room: 0x0 Level: Level 1 Above Grade
  • Master Bedroom: 17x17 Level: Level 1 Above Grade
  • Office: 15x12 Level: Level 2 Above Grade
  • Other Room 1: 21x15 Level: Level 2 Above Grade
  • Screened Porch: 16x16 Level: Level 1 Above Grade
  • Den Area: 368.000000
  • FamilyRoom Area: 195.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 117.000000
  • Laundry Room Area: 42.000000
  • Office Area: 180.000000
  • Est Other Room1 Dim: 21.000 x 15.000
  • 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: Pool Nearby, Paved Drive, Garden Space, Landscaped, Screened Porch, Insulated Glass, Tennis Courts Nearby, Lake Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 552.000000
  • Garage Dim: 23.000 x 24.000
  • GarageLen: 23.000
  • GarageWid: 24.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Lakepointe

Schools

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

Lot Info

  • Lot Sq Ft: 4005.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2018
Closed on
Aug 10, 2018
Sold by
Zellars Anthony and Zellars Tina
Bought by
Nicolaisen Curtis J and Nicolaisen Mary L
Seller's Agent
Wendy Reddy
Reddy Real Estate, Inc.
Buyer's Agent
Jannie Handy
Mark A. Dalton & Co., Inc.
List Price
$448,000
Sold Price
$410,000
Premium/Discount to List
-$38,000
-8.48%
Current Estimated Value
$689,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,519
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Sep 20, 2006
Sold by
Federal National Mortgage Association
Bought by
Zellars Anthony and Zellars Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 30, 2006
Sold by
Cox James B and Cox Stephanie M
Bought by
Federal National Mortgage Association
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
Nicolaisen Curtis J $410,000 Attorney
Zellars Anthony $410,000 None Available
Federal National Mortgage Association $292,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zellars Anthony $102,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2018 08/15/18 Sold $410,000 -8.5% $102 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $448,000 -- $112 / 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 $2,367 $577,200 $80,000 $497,200
2024 $2,367 $577,200 $80,000 $497,200
2023 $2,367 $288,600 $0 $0
2022 $2,224 $222,400 $0 $0
2021 $2,224 $444,800 $80,000 $364,800
2020 $2,224 $444,800 $80,000 $364,800
2019 $2,224 $444,800 $80,000 $364,800
2018 $2,130 $409,600 $53,600 $356,000
2017 $2,130 $409,600 $53,600 $356,000
2016 $2,130 $409,600 $53,600 $356,000
2015 $2,130 $409,600 $53,600 $356,000
2014 $2,358 $453,500 $86,200 $367,300
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2018

    Wendy Reddy

    Reddy Real Estate, Inc.

    (434) 258-4121

    106 Total Sales

    Wendy Reddy
    Section Image

  • J

    Buyer's Agent in 2018

    Jannie Handy

    Mark A. Dalton & Co., Inc.

    (434) 444-0560

    42 Total Sales

    Jannie Handy
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 310005

APN: 81-7-51

Virginia Bedford County Forest 24551

1081 Lake Meadow Ln, Forest, VA

This home is located at 1081 Lake Meadow Ln, Forest, VA 24551 since 25 March 2018 and is currently estimated at $689,519, approximately $172 per square foot. This property was built in 2004. 1081 Lake Meadow Ln is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

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