Seller's Agent in 2020
Teresa Grant
Keller Williams
(434) 546-3202
271 Total Sales
1119 Colby Dr Forest, VA 24551
Estimated Value: $841,000 - $1,254,007
6
Beds
6
Baths
8,700
Sq Ft
$129/Sq Ft
Est. Value
Highlights
- Mountain View
- Property is near golf course and clubhouse
- Marble Flooring
- Community Lake
- Ranch Style House
- Whirlpool Bathtub
About This Home
As of December 2020Looking 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
Keller Williams License #0225087218 Listed on: 02/24/2020
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 golf course and clubhouse
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2020
Closed on
Dec 17, 2020
Sold by
Bought by
Seller's Agent
Teresa Grant
Keller Williams
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$849,900
Sold Price
$752,500
Premium/Discount to List
-$97,400
-11.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,502
Avg. Annual Appreciation
7.55%
Original Mortgage
$427,000
Outstanding Balance
$220,762
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$903,240
Purchase Details
Closed on
Feb 18, 2020
Sold by
Bought by
Purchase Details
Closed on
Dec 11, 2007
Sold by
Bought by
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
Bought by
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $752,500 | None Listed On Document | ||
| -- | None Available | ||
| $505,000 | None Available | ||
| $375,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $427,000 | ||
| Previous Owner | $750,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,368 | $1,065,400 | $130,000 | $935,400 |
| 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
-
Nadine Blakely
Buyer's Agent in 2020
Nadine Blakely
RE/MAX
(434) 444-2226
383 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 323448
APN: 153-15-20
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