NOT LISTED FOR SALE

1124 Twin Springs Ct Forest, VA 24551

Estimated Value: $187,000 - $204,795

2 Beds
2 Baths
1,060 Sq Ft
7,579 Sq Ft Lot

Last Sold January 19, 2021

Last sale price $142,900 $135 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,080/month

4 Days on Market

Highlights

  • Mountain View
  • Community Lake
  • Community Pool
  • Forest Middle School Rated A-
  • Property is near a clubhouse
  • Tennis Courts

About This Home

As of January 2021

Updated and clean condo in Forest Lakes over looking the beautiful blue ridge mountain range. This 2 bedroom, 2 bathroom condo has been freshly painted throughout, new carpet installed and a new stainless steal appliance package in the kitchen. This unit is full of natural sunlight and stunning views. Enjoy all the amenities that this wonderful community has to offer.

Last Agent to Sell the Property

Betsy Ferguson

Lynchburg's Finest Team LLC License #0225197755 Listed on: 12/11/2020

Last Buyer's Agent

Logan Bosiger

Lauren Bell Real Estate, Inc. License #0225245675

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $560

Year Built

  • Built in 1984

Lot Details

  • 7,579

Home Design

  • Shingle Roof

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Compactor

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Storage In Attic
  • Attic Access Panel

Home Security

Schools

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

Utilities

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

Additional Features

  • Landscaped
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 10142100

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include club house, exterior maintenance, grounds maintenance, insurance, lake/pond, neighborhood lights, parking, pool, sewer, snow removal, trash, water
  • Lake Vista Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$560

Year Built

Built in 1984

Lot Details

0

Listing Details

  • AssocFeeOptional: Required
  • Directions: Forest Rd. (Rt 221) to Cottontown Rd, left into Lake Vista, left on Twin Springs to 1st building, upstairs condo on right.
  • Lot Measurement: Acres
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 10142100
  • Year Built: 1984
  • Heating System: Heat Pump
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.000 x 13.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 252.000000
  • Master Bedroom Dim: 21.000 x 12.000
  • Masterbedroom Len: 21.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: TWIN SPRINGS GARDEN VILLA CONDOS UNIT 1124
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 169.000000
  • Above Grade Finished Sq Ft: 1060.00
  • ApplianceConvey: Compactor, Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access, Storage Only
  • Has Basement: Other
  • Breakfast Area: 7x8 Level: Level 1 Above Grade
  • Flooring: Carpet, Laminate
  • Year Built Exception: 0
  • Deck: 21x10 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room
  • Formal Dining: 13x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 11x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 20x13 Level: Level 1 Above Grade
  • Master Bedroom: 21x12 Level: Level 1 Above Grade
  • Porch: 9x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 121.000000
  • LivingRoom Area: 260.000000
  • 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, Paved Drive, Landscaped, Storm Windows, Storm Doors, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Lake Nearby, Club House Nearby, Other

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Club House, Exterior Maintenance, Grounds Maintenance, Insurance, Lake/Pond, Neighborhood Lights, Parking, Pool, Sewer, Snow Removal, Trash, Water
  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Lake Vista

Schools

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

Lot Info

  • Lot Sq Ft: 1060.00

Tax Info

  • Estimated Taxes: 560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Jun 10, 2019
Sold by
Getter Susan J
Bought by
Peters Timothy L and Peters Michelle C
Seller's Agent
Kathy Carson
Mark A. Dalton & Co., Inc.
Buyer's Agent
Kathleen Margeson
Lynchburg's Finest Team LLC
List Price
$11,990,000
Sold Price
$95,000
Premium/Discount to List
-$11,895,000
-99.21%
Current Estimated Value
$193,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,699
Avg. Annual Appreciation
11.93%
Original Mortgage
$76,000
Outstanding Balance
$66,823
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$126,876
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Peters Timothy L $95,000 Advantage Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Timothy L $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2021 01/19/21 Sold $142,900 0.0% $135 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $142,900 +50.4% $135 / Sq Ft
06/24/2019 06/24/19 Sold $95,000 -99.2% $90 / Sq Ft View Prior Sale
05/28/2019 05/28/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $11,990,000 -- $11,311 / 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 $630 $153,600 $30,000 $123,600
2024 $630 $153,600 $30,000 $123,600
2023 $630 $76,800 $0 $0
2022 $473 $47,300 $0 $0
2021 $473 $94,600 $20,000 $74,600
2020 $473 $94,600 $20,000 $74,600
2019 $473 $94,600 $20,000 $74,600
2018 $502 $96,600 $20,000 $76,600
2017 $502 $96,600 $20,000 $76,600
2016 $502 $96,600 $20,000 $76,600
2015 $502 $96,600 $20,000 $76,600
2014 $511 $98,200 $20,000 $78,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 328756

APN: 101E-2-1124