NOT LISTED FOR SALE

1096 Otelia Ct Forest, VA 24551

Estimated Value: $730,287 - $778,000

6 Beds
5 Baths
4,849 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2019

Last sale price $424,000 $87 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,201 / mo

57 Days on Market

Highlights

  • Community Lake
  • Property is near golf course and clubhouse
  • Main Floor Bedroom
  • Forest Elementary School Rated A-
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of December 2019

MOTIVATED TO SELL! Beautiful brick home in Gilfield, priced below Bedford tax assessment (JF schools) nestled on .88 acre cul-de-sac lot, mature trees, nice landscaping, oversized garage, main level bedroom/full bath, and floor plan sure to please. Step inside to hardwoods, formals, fabulous kitchen with granite, stainless appliances, center island, large pantry, open to the breakfast area, and lovely den with fireplace. Step outside to the large deck for grilling, reading, and enjoying nature. Second level boasts massive master with sitting room, tray ceilings, huge master bath with tile shower, large walk-in closet. Second private bedroom suite, plus two other bedrooms share Jack/Jill bath, convenient laundry room. Terrace level is finished with spacious family room for home theatre/video gaming area, great space for pool table, wet bar, bedroom/gym/office, full bath, and patio just outside French doors for relaxing, entertaining. Huge storage room offers plenty of space. Must see!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 08/17/2019

Re/Max 1st Olympic

Last Buyer's Agent

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 08/17/2019

Re/Max 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 2006

Lot Details

  • 38,333 Sq Ft Lot
  • Landscaped
  • Garden
  • Property is zoned R1

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 4,849 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Great Room with Fireplace
  • Formal Dining Room
  • Game Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished 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
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Location

  • Property is near golf course and clubhouse

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

Listing and Financial Details

  • Assessor Parcel Number 90506007

Community Details

Overview

  • Gilfield Subdivision
  • Community Lake

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,280

Year Built

Built in 2006

Lot Details

0.88 Acres

HOA Fees

$6 per month

Listing Details

  • FILLACRES: 0.8800
  • Directions: Gilfield Dr. to Smartview to Left on Otelia Court to cul-de-sac.
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 38333.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90506007
  • Year Built: 2006
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 10.000 x 6.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 14.000 x 13.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 342.000000
  • Master Bedroom Dim: 19.000 x 18.000
  • Masterbedroom Len: 19.000
  • Masterbedroom Wid: 18.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (5 0)
  • Lower Floor 1 Bedrooms: 6
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Gilfield Village Sec 3 Lt 16 PB 44/233
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 182.000000
  • Third Bedroom: 16x14 Level: Level 2 Above Grade
  • Third Bedroom Area: 224.000000
  • Fourth Bedroom: 14x13 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 182.000000
  • Fifth Bedroom: 13x12 Level: Level 1 Above Grade
  • Fifth Bedroom Area: 156.000000
  • Sixth Bedroom: 15x11 Level: Below Grade
  • Sixth Bedroom Area: 165.000000
  • Above Grade Finished Sq Ft: 3932.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Pull Down, Storage Only
  • Has Basement: Exterior Entrance, Finished, Full, Game Room, Heated, Interior Entrance, Poured Concrete, Roughed in Bath, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 18x12 Level: Level 1 Above Grade
  • Family Room: 27x26 Level: Below Grade
  • Fireplace: 1 Fireplace, Great Room, Leased Propane Tank
  • Formal Dining: 14x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 3
  • Great Room: 17x15 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Great Room, Main Level Bedroom, Master Bed w/ Bath, Pantry, Separate Dining Room, Tile Bath(s), Walk-In Closet(s), Wet Bar, Whirlpool Tub
  • Dining Kitchen: 20x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Second Floor, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x6 Level: Level 2 Above Grade
  • Living Room: 14x13 Level: Level 1 Above Grade
  • Master Bedroom: 19x18 Level: Level 2 Above Grade
  • Porch: 10x5 Level: Level 1 Above Grade
  • FamilyRoom Area: 702.000000
  • GreatRoom Area: 255.000000
  • Livinggreat Room Dim: 17.000 x 15.000
  • Kitchen Area: 300.000000
  • Laundry Room Area: 60.000000
  • LivingRoom Area: 182.000000
  • 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: Pool Nearby, Concrete Drive, Garden Space, Landscaped, Lake Nearby, Club House Nearby, Golf Nearby
  • Patio: 20x8 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 624.000000
  • Garage Dim: 26.000 x 24.000
  • GarageLen: 26.000
  • GarageWid: 24.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 75.00
  • Subdivision Complex: Gilfield

Schools

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

Lot Info

  • Lot Sq Ft: 4849.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 2280

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Dec 11, 2019
Sold by
Tomoney James S and Tomoney Patricia A
Bought by
George Shawn M and George Caroline G
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$442,500
Sold Price
$424,000
Premium/Discount to List
-$18,500
-4.18%
Current Estimated Value
$750,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,572
Avg. Annual Appreciation
9.35%
Original Mortgage
$381,600
Outstanding Balance
$337,093
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$413,479

Purchase Details

Listed on
Jan 12, 2014
Closed on
Oct 10, 2014
Sold by
Wells Russell D and Wells Suzi B
Bought by
Tomoney James S and Tomoney Patricia A
Seller's Agent
Kem Cobb
Elite Realty
Buyer's Agent
Dan Callaway
Cornerstone Realty Group Inc.
List Price
$469,900
Sold Price
$440,000
Premium/Discount to List
-$29,900
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.71%
Original Mortgage
$352,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 24, 2006
Sold by
Ds Zechini Construction Inc
Bought by
Wells Russell D and Wells Suzi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Gilfield Village Llc
Bought by
D S Zechini Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
George Shawn M $424,000 Attorney
Tomoney James S $440,000 Commonwealth Land Title Insu
Wells Russell D -- None Available
D S Zechini Construction Inc -- None Available
D S Zechini Cosntruction Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Shawn M $381,600
Previous Owner Tomoney James S $352,000
Previous Owner Wells Russell D $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2019 12/16/19 Sold $424,000 -4.2% $87 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
08/17/2019 08/17/19 For Sale $442,500 +0.6% $91 / Sq Ft
10/13/2014 10/13/14 Sold $440,000 -6.4% $91 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
01/12/2014 01/12/14 For Sale $469,900 -- $97 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $2,584 $630,300 $85,000 $545,300
2024 $2,584 $630,300 $85,000 $545,300
2023 $2,584 $315,150 $0 $0
2022 $2,224 $222,400 $0 $0
2021 $2,224 $444,800 $75,000 $369,800
2020 $2,224 $444,800 $75,000 $369,800
2019 $2,224 $444,800 $75,000 $369,800
2018 $2,350 $452,000 $70,000 $382,000
2017 $2,350 $452,000 $70,000 $382,000
2016 $2,350 $452,000 $70,000 $382,000
2015 $2,350 $452,000 $70,000 $382,000
2014 $2,407 $462,900 $65,000 $397,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 320426

APN: 81-10-16

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