NOT LISTED FOR SALE

1119 Colby Dr Forest, VA 24551

Estimated Value: $861,000 - $1,309,459

6 Beds
6 Baths
8,700 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $752,500 $86 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,891/month

277 Days on Market

Highlights

  • Mountain View
  • Community Lake
  • Ranch Style House
  • Forest Middle School Rated A-
  • Property is near a clubhouse
  • Marble Flooring

About This Home

As of December 2020

Looking for a home equipped with two separate living areas and a 4 car garage? This property is perfect for aging parents or adult children, is handicapped accessible with its own drive and entry...NO stairs!FULLY FINISHED BASEMENT is plumbed for a second kitchen and it's priced to sell at $143,000 below county assessment! This property is situated on almost5 acres with stunning mountain views and tucked away with a long paved drive! The topography is almost flat and the rear yard backs up to ultimate privacy! A rare find so close to everything in the Forest community of Somerset Meadows. Inside, this stunner boasts an elegant foyer & endless entertaining space in the great room, HUGE formal dining room, and 34X24 deck. Custom kitchen boasts an abundance of cabinetry, granite counters, travertine tile backsplash, a large pantry, & a new high-end stainless appliance package. Utilities average only $334 per month with a 12 ton GEO thermal (33 seers) & 16 seer heat pump!

Last Agent to Sell the Property

Teresa Grant

Keller Williams License #0225087218 Listed on: 02/24/2020

Keller Williams

Last Buyer's Agent

Nadine Blakely

Re/Max 1st Olympic License #0225103715

Re/Max 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 2006

Lot Details

  • 4.89 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 8,700 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Mountain Views
  • Scuttle Attic Hole

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main 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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Shower
  • Accessible Doors

Location

  • Property is near a clubhouse
  • Property is near a golf course

Schools

  • New London Academy 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

Listing and Financial Details

  • Assessor Parcel Number 30000368

Community Details

Overview

  • Somerset Meadows Subdivision
  • Community Lake

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,692

Year Built

Built in 2006

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Travel 460 W from Lynchburg, Left On New London Rd, Right on Somerset Dr, Right On Colby Drive. Home is on the Right. Look for Sign.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 213008.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 30000368
  • Year Built: 2006
  • FullBathBelowGrade: 1
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump, Three-Zone or more
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 15.000
  • Officeden Wid: 25.000
  • Foyer Area: 112.000000
  • Laundryroom Dim: 14.000 x 7.000
  • Laundryroom Len: 14.000
  • Living Room Dim: 15.000 x 24.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 24.000
  • Masterbedroom Area: 352.000000
  • Master Bedroom Dim: 16.000 x 22.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 22.000
  • Office Dim: 14.000 x 14.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 6.00
  • Bathrooms Display: 6 (4 2)
  • Lower Floor 1 Bedrooms: 6
  • Broker Approved: Yes
  • Disability Features: Door(s), Shower, Other
  • High School2: Jefferson Forest-HS
  • Legal Description: SOMERSET MEADOWS LT 20 SEC 3
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 13x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 16x12 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 192.000000
  • Fifth Bedroom: 15x17 Level: Level 1 Above Grade
  • Fifth Bedroom Area: 255.000000
  • Sixth Bedroom: 14x14 Level: Below Grade
  • Sixth Bedroom Area: 196.000000
  • Above Grade Finished Sq Ft: 4350.00
  • ApplianceConvey: Disposal, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven, Wall Oven
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance, Walkout
  • Breakfast Area: 15x8 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble, Tile, Wood
  • Year Built Exception: 0
  • Deck: 34x24 Level: Level 1 Above Grade
  • Den: 15x25 Level: Below Grade
  • Fireplace: 1 Fireplace, Den
  • Formal Dining: 20x17 Level: Level 1 Above Grade
  • Foyer: 14x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 3
  • Great Room: 21x25 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Security System, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 15x21 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 14x7 Level: Level 1 Above Grade
  • Living Room: 15x24 Level: Level 1 Above Grade
  • Master Bedroom: 16x22 Level: Level 1 Above Grade
  • Office: 14x14 Level: Level 1 Above Grade
  • Rec Room: 16x24 Level: Below Grade
  • Den Area: 375.000000
  • GreatRoom Area: 525.000000
  • Livinggreat Room Dim: 21.000 x 25.000
  • Kitchen Area: 315.000000
  • Laundry Room Area: 98.000000
  • LivingRoom Area: 360.000000
  • Office Area: 196.000000
  • 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: 384.000000
  • Rec Room Dim: 16.000 x 24.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Lake Nearby, Club House Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 3 Car +
  • Garage Spaces: Garage Door Opener, Workshop, Oversized
  • Garage Area: 874.000000
  • Garage Dim: 38.000 x 23.000
  • GarageLen: 38.000
  • GarageWid: 23.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 480.00
  • Subdivision Complex: Somerset Meadows

Schools

  • School District: Bedford
  • Elementary School #2: New London Academy
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 8700.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 4692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2020
Sold by
Boyers Edward L and Boyers Susan M
Bought by
Boyers Edward L and Boyers Susan M
Total Days on Market
277
Current Estimated Value
$1,033,865

Purchase Details

Closed on
Dec 11, 2007
Sold by
Bank Of The James
Bought by
Boyers Edward L and Boyers Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2007
Sold by
Edmunds & Williams Pc
Bought by
Bank Of The James
Source: Public Records

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Range of Values:

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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
Boyers Edward L -- None Available
Boyers Edward L $505,000 None Available
Bank Of The James $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Wendell Gregory $427,000
Closed Boyers Edward L $380,000
Closed Boyers Edward L $417,000
Closed Boyers Edward L $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $752,500 -11.5% $86 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $849,900 -- $98 / 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
2024 $4,368 $1,065,400 $130,000 $935,400
2023 $4,368 $532,700 $0 $0
2022 $4,693 $469,250 $0 $0
2021 $4,693 $938,500 $110,000 $828,500
2020 $4,693 $938,500 $110,000 $828,500
2019 $3,990 $798,000 $110,000 $688,000
2018 $4,040 $776,900 $110,000 $666,900
2017 $4,040 $776,900 $110,000 $666,900
2016 $4,040 $776,900 $110,000 $666,900
2015 $4,040 $776,900 $110,000 $666,900
2014 $3,687 $709,000 $90,000 $619,000
Source: Public Records

Agents Affiliated with this Home

  • Teresa Grant

    Seller's Agent in 2020

    Teresa Grant

    Keller Williams

    (434) 546-3202

    298 Total Sales

    Teresa Grant
    Section Image
  • Nadine Blakely

    Buyer's Agent in 2020

    Nadine Blakely

    RE/MAX

    (434) 444-2226

    415 Total Sales

    Nadine Blakely
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323448

APN: 30000368

Virginia Bedford County Forest 24551

1119 Colby Dr, Forest, VA

This home is located at 1119 Colby Dr, Forest, VA 24551 since 24 February 2020 and is currently estimated at $1,033,865, approximately $118 per square foot. This property was built in 2006. 1119 Colby Dr 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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