NOT LISTED FOR SALE

1129 Val Terrace Ct Forest, VA 24551

Estimated Value: $787,000 - $973,000

5 Beds
4.5 Baths
3,734 Sq Ft
$237/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $861,000 $231 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,951/month

170 Days on Market

Highlights

  • Community Lake
  • Property is near a clubhouse
  • Main Floor Bedroom
  • Forest Elementary School Rated A-
  • Freestanding Bathtub
  • Farmhouse Style Home

About This Home

As of January 2024

Welcome Home to the Beautiful community of Gilfield Village which offers gorgeous views, large lots, & is convenient to Forest & Boonsboro! You will love this all-brick home situated on a large level lot backing up to privacy! If you've been waiting for the perfect home to come on the market, your wait is over! This property offers a huge laundry & pantry right off the kitchen! Enter into this one level open concept design with a spacious living room, kitchen, & dining room with tons of natural light! Every detail of this home will be exquisite as in all CRM Construction homes. Luxury vinyl flooring, custom woodwork, solid surface countertops, gas stove, propane fireplace, ceramic tile, and stainless appliances are all top-quality features. The main level offers a primary ensuite as well as two additional main-level bedrooms sharing a full bath, with a 1/2 guest bath. Forest Schools, dining, medical, & shopping are only a short drive from home!

Last Agent to Sell the Property

Teresa Grant

Keller Williams License #0225087218 Listed on: 06/28/2023

Keller Williams

Last Buyer's Agent

Teresa Grant

Keller Williams License #0225087218 Listed on: 06/28/2023

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 2023

Lot Details

  • 1.59 Acre Lot
  • Garden
  • Property is zoned R1

HOA Fees

  • $7 Monthly HOA Fees

Home Design

  • Farmhouse Style Home
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3,734 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Freestanding Bathtub
  • Bathtub Includes Tile Surround

Laundry

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

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

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

Accessible Home Design

  • Accessible Doors

Location

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

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

Listing and Financial Details

  • Assessor Parcel Number 90505268

Community Details

Overview

  • Association fees include neighborhood lights
  • Gilfield Village Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 2023

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • FILLACRES: 1.5900
  • AssocFeeOptional: Required
  • Directions: From Cottontown Road turn into Gilfield Village (Gilfield Drive). Left on Lauras Home Place and then Left to Val Terrace.
  • Internet Providers: Lumos, Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 69260.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90505268
  • Year Built: 2023
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Farm House
  • Foyer Area: 105.000000
  • Laundryroom Dim: 13.000 x 9.500
  • Laundryroom Len: 13.000
  • Living Room Dim: 21.500 x 18.500
  • Livingroom Len: 21.500
  • Livingroom Wid: 18.500
  • Masterbedroom Area: 247.500000
  • Master Bedroom Dim: 16.500 x 15.000
  • Masterbedroom Len: 16.500
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 396.000000
  • Other Room1 Len: 18.000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Disability Features: Door(s), Other
  • High School2: Jefferson Forest-HS
  • Legal Description: GILFIELD VILLAGE SEC 2 LT 9 PB 43/89
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13.50x14 Level: Level 1 Above Grade
  • Second Bedroom Area: 189.000000
  • Third Bedroom: 13x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 143.000000
  • Fourth Bedroom: 15x14 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 210.000000
  • Fifth Bedroom: 18x13 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 234.000000
  • Above Grade Finished Sq Ft: 3734.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Gas
  • Has Attic: Walk In
  • Has Basement: Exterior Entrance, Interior Entrance, Poured Concrete, Roughed in Bath, Walkout
  • Breakfast Area: 8x10 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl Plank
  • Year Built Exception: 0
  • Deck: 16x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Great Room
  • Formal Dining: 14x14 Level: Level 1 Above Grade
  • Foyer: 15x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Free-Standing Tub, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Workshop
  • Dining Kitchen: 13x14 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 13x9.50 Level: Level 1 Above Grade
  • Living Room: 21.50x18.50 Level: Level 1 Above Grade
  • Master Bedroom: 16.50x15 Level: Level 1 Above Grade
  • Other Room 1: 18x22 Level: Level 2 Above Grade
  • Porch: 20x7 Level: Level 2 Above Grade
  • Additional Room 1 Description: Bonus Room
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 182.000000
  • Laundry Room Area: 123.500000
  • LivingRoom Area: 397.750000
  • Est Other Room1 Dim: 18.000 x 22.000
  • 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, Concrete Drive, Garden Space, Tennis Courts Nearby, Undergrnd Utilities, Lake Nearby, Club House Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 600.250000
  • Garage Dim: 24.500 x 24.500
  • GarageLen: 24.500
  • GarageWid: 24.500

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 Fee Frequency: Yearly
  • HOA Includes: Neighborhood Lights, Other
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 82.00
  • Subdivision Complex: Gilfield Village

Schools

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

Lot Info

  • Lot Sq Ft: 3734.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Jan 19, 2024
Sold by
Crm Construction Llc
Bought by
Lassister Louis C and Lassister Patricia M
Seller's Agent
Teresa Grant
Keller Williams
Buyer's Agent
Teresa Grant
Keller Williams
List Price
$919,900
Sold Price
$861,000
Premium/Discount to List
-$58,900
-6.4%
Views
142
Current Estimated Value
$885,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,147
Avg. Annual Appreciation
1.62%
Original Mortgage
$361,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2022
Sold by
Vernon Lee James and Kuen Siu
Bought by
Crm Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.27%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 4, 2005
Sold by
Gilfield Village Llc
Bought by
Lee James Vernon and King Siu Kuen
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
Lassister Louis C $861,000 First American Title
Crm Construction Inc $57,500 Advantage Title & Closing
Lee James Vernon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lassister Louis C $361,000
Previous Owner Crm Construction Inc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2024 01/25/24 Sold $861,000 -1.0% $231 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
12/15/2023 12/15/23 Price Changed $869,900 -2.2% $233 / Sq Ft
11/03/2023 11/03/23 Price Changed $889,900 -1.1% $238 / Sq Ft
09/02/2023 09/02/23 Price Changed $899,900 -2.2% $241 / Sq Ft
06/28/2023 06/28/23 For Sale $919,900 -- $246 / 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 $3,009 $734,000 $85,000 $649,000
2024 $2,671 $651,500 $85,000 $566,500
2023 $287 $35,000 $0 $0
2022 $325 $32,500 $0 $0
2021 $325 $65,000 $65,000 $0
2020 $325 $65,000 $65,000 $0
2019 $750 $65,000 $65,000 $0
2018 $338 $65,000 $65,000 $0
2017 $338 $65,000 $65,000 $0
2016 $338 $65,000 $65,000 $0
2015 $338 $65,000 $65,000 $0
2014 $312 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Teresa Grant

    Seller's Agent in 2024

    Teresa Grant

    Keller Williams

    (434) 546-3202

    287 Total Sales

    Teresa Grant
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 344859

APN: 81-9-9

Virginia Bedford County Forest 24551

1129 Val Terrace Ct, Forest, VA

This home is located at 1129 Val Terrace Ct, Forest, VA 24551 since 28 June 2023 and is currently estimated at $885,147, approximately $237 per square foot. This property was built in 2023. 1129 Val Terrace Ct is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

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