NOT LISTED FOR SALE

1118 Lake Meadow Ln Forest, VA 24551

Estimated Value: $478,000 - $588,000

4 Beds
4.5 Baths
5,093 Sq Ft
$104/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $550,000 $108 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,985/month

135 Days on Market

Highlights

  • In Ground Pool
  • Creek or Stream View
  • Property is near a clubhouse
  • Forest Elementary School Rated A-
  • Community Lake
  • Great Room with Fireplace

About This Home

As of March 2020

Stately all brick custom built located in Lakepointe on 1.37 acres. Boasting a beautiful grand two story foyer! The main level offers an office with a built-in cherry cabinets, a lovely formal living room and dining room! The gourmet eat-in kitchen offers a large island, plenty of cabinetry and counter-top space and two pantries! The great-room offers a gas-log fireplace and doors that lead to the lovely covered porch and grilling deck that over-looks the in-ground pool! Upstairs boast a large walk-in laundry room with storage cabinets & wash sink, the very spacious master suite with a private sitting area, an en-suite bathroom with a large walk-in closet! Upstairs also offers three spacious bedrooms, one has it's own private bathroom and the other two are accompanied by a Jack n Jill bathroom! The downstairs is finished and could easily be made into an en-law suite! The finished basement offers a beautiful family/game room with a stacked stone fire place, a bar and full bathroom!

Last Agent to Sell the Property

Joel Smith

Signature One Realtors, LLC License #0225226846 Listed on: 09/30/2019

Last Buyer's Agent

Michael McGorman

Mark A. Dalton & Co., Inc. License #0225083994

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,595

Year Built

  • Built in 2005

Lot Details

  • 1.37 Acre Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Shingle Roof

Interior Spaces

  • 5,093 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Creek or Stream Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

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

Finished Basement

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

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

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

Additional Features

  • In Ground Pool
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 81733

Community Details

Overview

  • Lakepointe Subdivision
  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,595

Year Built

Built in 2005

Lot Details

0

Listing Details

  • FILLACRES: 1.3700
  • Directions: 221 to Perrowville to right on Quail Ridge to right on Eastway to right on Lakepointe to Left on Lake Meadow.or 501N to left on Coffee Rd to left on to cottontown to right on Gilfield stay straight on to Lakepointe to left onto Lake Meadow.
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 59677.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 81733
  • Year Built: 2005
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 182.000000
  • Laundryroom Dim: 12.000 x 7.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 15.000 x 14.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 476.000000
  • Master Bedroom Dim: 28.000 x 17.000
  • Masterbedroom Len: 28.000
  • Masterbedroom Wid: 17.000
  • Office Dim: 14.000 x 13.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: LAKEPOINTE LT 33
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 182.000000
  • Third Bedroom: 17x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 204.000000
  • Fourth Bedroom: 14x14 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 196.000000
  • Above Grade Finished Sq Ft: 4122.00
  • ApplianceConvey: Cooktop, Dishwasher, Disposal, Microwave, Wall Oven
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance, Walkout, Workshop
  • Breakfast Area: 17x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 9x7 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Den, Gas Log, Great Room
  • Formal Dining: 15x14 Level: Level 1 Above Grade
  • Foyer: 14x13 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 3
  • Great Room: 21x16 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Garden Tub, Great Room, High Speed Data Aval, Master Bed w/ Bath, Pantry, Security System, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 17x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Second Floor, Separate Laundry Rm., Washer Connections
  • Laundry Room: 12x7 Level: Level 2 Above Grade
  • Living Room: 15x14 Level: Level 1 Above Grade
  • Master Bedroom: 28x17 Level: Level 2 Above Grade
  • Office: 14x13 Level: Level 1 Above Grade
  • Other Room 1: 0x0 Level: Level 1 Above Grade
  • Porch: 14x6 Level: Level 1 Above Grade
  • Rec Room: 40x15 Level: Below Grade
  • Additional Room 1 Description: Covered Porch
  • GreatRoom Area: 336.000000
  • Livinggreat Room Dim: 21.000 x 16.000
  • Kitchen Area: 255.000000
  • Laundry Room Area: 84.000000
  • LivingRoom Area: 210.000000
  • Office 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 Area: 600.000000
  • Rec Room Dim: 40.000 x 15.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Concrete Drive, Fenced Yard, Landscaped, Storm Doors, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Stream/Creek, Lake Nearby, Club House Nearby
  • Patio: 20x13 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 572.000000
  • Garage Dim: 26.000 x 22.000
  • GarageLen: 26.000
  • GarageWid: 22.000

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: Lynchburg Board of Realtors
  • Subdivision Complex: LAKEPOINTE

Schools

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

Lot Info

  • Lot Sq Ft: 5093.00

Tax Info

  • Estimated Taxes: 2595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2017
Sold by
Colville Katherine D
Bought by
Cope Curtis D and Cope Meghann N
Current Estimated Value
$531,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$215,125
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$316,484

Purchase Details

Closed on
Jul 7, 2016
Sold by
Wells Fargo Bank Na
Bought by
Colville Katherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2015
Sold by
Samuel I White Pc A Professional Corpora
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 5, 2005
Sold by
Wilmouth James J and Wilmouth Carol C
Bought by
Crews Jeffrey A
Source: Public Records

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.

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 Buyer Sale Price Title Company
Cope Curtis D $325,000 Mid States Title
Colville Katherine D $207,500 Visionet Systems Inc
Wells Fargo Bank Na $106,535 None Available
Crews Jeffrey A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cope Curtis D $260,000
Previous Owner Colville Katherine D $186,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $550,000 -3.5% $108 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
09/30/2019 09/30/19 For Sale $569,900 -- $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 $1,857 $453,000 $78,000 $375,000
2024 $1,857 $453,000 $78,000 $375,000
2023 $1,857 $226,500 $0 $0
2022 $1,731 $173,050 $0 $0
2021 $1,731 $346,100 $58,000 $288,100
2020 $1,731 $346,100 $58,000 $288,100
2019 $1,731 $346,100 $58,000 $288,100
2018 $1,409 $270,900 $45,000 $225,900
2017 $1,260 $242,400 $45,000 $197,400
2016 $1,260 $242,400 $45,000 $197,400
2015 $1,260 $242,400 $45,000 $197,400
2014 $1,349 $259,500 $40,000 $219,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joel Smith

    Signature One Realtors, LLC

    (434) 660-8532

    61 Total Sales

    Joel Smith
    Section Image

  • M

    Buyer's Agent in 2020

    Michael McGorman

    Mark A. Dalton & Co., Inc.

    (434) 420-4001

    71 Total Sales

    Michael McGorman
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 321252

APN: 81B-1-13

Virginia Bedford County Forest 24551

1118 Lake Meadow Ln, Forest, VA

This home is located at 1118 Lake Meadow Ln, Forest, VA 24551 since 30 September 2019 and is currently estimated at $531,609, approximately $104 per square foot. This property was built in 2005. 1118 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.

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