$347,000
SOLD MAY 15, 2025

111 Declaration Terrace Forest, VA 24551

4 Beds
3 Baths
2,322 Sq Ft
0.37 Acres

Recently Sold

$149 Per Sq Ft

2% Above List Price

9 Days on Market

Highlights

  • Cape Cod Architecture
  • Ceiling Fan
  • Carpet
  • Fireplace

About This Home

As of May 2025

Welcome to this stunning, move-in ready Cape Cod home, nestled in a quiet cul-de-sac in the sought-after Bedford County school district! With 4 spacious bedrooms, 3 full bathrooms, and a full in-law suite in the basement, this home is perfect for families of all sizes. Boasting incredible updates over the past 5 years, you'll enjoy a brand-new roof, HVAC system, deck, stainless steel kitchen appliances, washer, dryer, and a waterproofed basement. The newer gutters, siding, and windows add to the home's lasting durability. The cozy fireplace, serviced for peak performance, and the brand-new concrete patio offer the ideal spots for relaxation and entertaining. Combining classic charm with modern upgrades, this home provides both comfort and style in an unbeatable location. Don't miss out on the opportunity to make this beautifully maintained gem yours!

Last Agent to Sell the Property

Carson Heckman

Keller Williams License #0225266750 Listed on: 04/04/2025

Keller Williams

Last Buyer's Agent

Courtney Greco

EXP Realty LLC-Forest License #0225264952

EXP Realty LLC-Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,191

Year Built

  • Built in 1987

Lot Details

  • 0.37 Acre Lot

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2,322 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Fireplace
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Laundry in Basement

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Jefferson Woods Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 11758200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,191

Year Built

Built in 1987

Lot Details

0

Listing Details

  • AssocFeeOptional: None
  • Directions: Thomas Jefferson to Jefferson Woods to Declaration Terrace. Home on right.
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1987
  • FullBathBelowGrade: 1
  • Garage Yn: No
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Jefferson Woods
  • Above Grade Finished Sq Ft: 1482.00
  • Architectural Style: Cape Cod
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Apartment, Exterior Entrance, Finished, Interior Entrance, Walkout
  • Flooring: Carpet, Vinyl
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Apartment, Cable Available, Cable Connections, Ceiling Fan(s), Primary Bed w/Bath, Smoke Alarm
  • Dining Kitchen: 10x10.40 Level: Level 1 Above Grade
  • Laundry: Basement
  • Living Room: 20.10x14.11 Level: Level 1 Above Grade
  • Master Bedroom: 12.90x16.80 Level: Level 2 Above Grade
  • Appliances: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Fireplace: 1 Fireplace
  • Stories: Three Or More
  • Third Bedroom: 13.60x11.70 Level: Level 1 Above Grade
  • Fourth Bedroom: 12x12 Level: Below Grade
  • Second Bedroom: 11.70x11.10 Level: Level 1 Above Grade
  • Room Bedroom3 Area: 159.120000
  • Room Master Bedroom Area: 216.720000
  • Room Bedroom4 Area: 144.000000
  • Room Kitchen Area: 104.000000
  • Room Living Room Area: 283.611000
  • Room Bedroom2 Area: 129.870000
  • MasterBedroomDimensions Dim: 12.900 x 16.800
  • Kitchen Dim: 10.000 x 10.400
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 16.800

Exterior Features

  • Lot Number: 56
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Gas Line, Off-Street Parking, Porch, Rear Porch

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: County
  • Water Heater: Electric
  • Heating: Forced Warm Air-Elec
  • Water Source: County

Condo/Co-op/Association

  • Association Fee: 1.00

Schools

  • Elementary School: Thomas Jefferson-Elm
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Zoning: R-1
  • Acres: 0.3700
  • Lot Size Sq Ft: 16117.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 11758200
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1191

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: Bedford Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 15, 2025
Sold by
Whyte Stephanie G and Staton Brian K
Bought by
Paul Matthew
Seller's Agent
Carson Heckman
Keller Williams
Buyer's Agent
Courtney Greco
EXP Realty LLC-Forest
List Price
$339,900
Sold Price
$347,000
Premium/Discount to List
$7,100
2.09%
Views
58
Current Estimated Value
$349,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,200
Avg. Annual Appreciation
3.95%
Original Mortgage
$312,300
Outstanding Balance
$311,192
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$45,337

Purchase Details

Listed on
Apr 15, 2014
Closed on
Jun 13, 2014
Sold by
Henry Peter W and Henry Jennifer G
Bought by
Staton Brian K and Whyte Stephanie G
Seller's Agent
Liz C Dawson
Elite Realty
Buyer's Agent
Jake Winston
Mark A. Dalton & Co., Inc.
List Price
$183,900
Sold Price
$189,900
Premium/Discount to List
$6,000
3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$192,857
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Sold by
Floyd Philip L and Floyd Mary G
Bought by
Henry Peter W and Henry Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,760
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $347,000 Old Republic Title
Deed $189,000 None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,300 New Conventional
Previous Owner $192,857 New Conventional
Previous Owner $172,760 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2025 05/15/25 Sold $347,000 +2.1% $149 / Sq Ft
04/13/2025 04/13/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $339,900 +79.0% $146 / Sq Ft
06/16/2014 06/16/14 Sold $189,900 +3.3% $82 / Sq Ft View Prior Sale
06/13/2014 06/13/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $183,900 -- $80 / 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 $1,191 $290,400 $54,000 $236,400
2024 $1,191 $290,400 $54,000 $236,400
2023 $1,191 $145,200 $0 $0
2022 $1,025 $102,500 $0 $0
2021 $1,025 $205,000 $44,000 $161,000
2020 $1,025 $205,000 $44,000 $161,000
2019 $1,025 $205,000 $44,000 $161,000
2018 $953 $183,200 $40,000 $143,200
2017 $953 $183,200 $40,000 $143,200
2016 $953 $183,200 $40,000 $143,200
2015 $953 $183,200 $40,000 $143,200
2014 $855 $164,400 $33,000 $131,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Carson Heckman

    Keller Williams

    6 in this area

    58 Total Sales

    Carson Heckman
    Section Image

  • C

    Buyer's Agent in 2025

    Courtney Greco

    EXP Realty LLC-Forest

    (919) 389-4951

    1 in this area

    24 Total Sales

    Courtney Greco
    Section Image

  • L

    Seller's Agent in 2014

    Liz C Dawson

    Elite Realty

    20 in this area

    112 Total Sales

    Liz C Dawson
    Section Image

  • J

    Buyer's Agent in 2014

    Jake Winston

    Mark A. Dalton & Co., Inc.

    (434) 426-6150

    12 Total Sales

    Jake Winston
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 358299

APN: 117F-1-56

Virginia Bedford County Forest 24551

111 Declaration Terrace, Forest, VA

Sold

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes