NOT LISTED FOR SALE

1132 New Market Loop Forest, VA 24551

Estimated Value: $383,656 - $472,000

3 Beds
2 Baths
2,015 Sq Ft
$221/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $279,500 $139 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,452/month

228 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Formal Dining Room
  • Forest Middle School Rated A-
  • Great Room with Fireplace
  • Walk-In Closet

About This Home

As of November 2016

New construction in convenient location close to RT. 460 in Forest. Bedford County water & sewage, Appalachian Power. Quality built home by Precise Properties Inc. This home feature's a walk-in pantry, built in cabinetry in the Dining area, Kitchen Island is open to Greatroom with gas log fireplace. Master Suite is opposite side of other (2) bedrooms. Separate Laundry room w/sink. Flex space for freezer, and storage. Lots of closet space. Linen closets in both bath rooms. This popular floor is open and great for entertaining. DISCLOSURE: OWNER/AGENT

Last Agent to Sell the Property

Kim W BUSSEY

TMoore Real Estate Group LLC License #0225053311 Listed on: 04/07/2016

Last Buyer's Agent

Deborah Cardwell

Century 21 ALL-SERVICE License #0225093169

Century 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2016

Lot Details

  • 0.3 Acre Lot
  • Landscaped
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,015 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near a golf course

Schools

  • New London Academy Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

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

Community Details

  • Summerfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1532581

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2016

Lot Details

0

Listing Details

  • FILLACRES: 0.3000
  • Directions: Rt. 460 to Thomas Jefferson Road, T/L onto Bellevue Road, T/L onto Hupps Hill (Summerfield) T/L onto New Market Loop,
  • Lot Measurement: Acres
  • Lot Sq Ft: 13068.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 1532581
  • Year Built: 2016
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 60.000000
  • Laundryroom Dim: 7.000 x 9.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 15.000 x 16.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 54.000000
  • Other Room1 Len: 6.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Summerfield LT 81 PB 47/6
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 10x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 2015.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Self Cleaning Oven
  • Has Attic: Scuttle
  • Has Basement: Crawl Space
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 10x12 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 11x13 Level: Level 1 Above Grade
  • Foyer: 5x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 26x29 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 11x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Laundry Room: 7x9 Level: Level 1 Above Grade
  • Master Bedroom: 15x16 Level: Level 1 Above Grade
  • Other Room 1: 6x9 Level: Level 1 Above Grade
  • Porch: 6x12 Level: Level 1 Above Grade
  • Additional Room 1 Description: storage/flex space
  • GreatRoom Area: 754.000000
  • Livinggreat Room Dim: 26.000 x 29.000
  • Kitchen Area: 143.000000
  • Laundry Room Area: 63.000000
  • Est Other Room1 Dim: 6.000 x 9.000
  • 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

  • Lot Number: Lot 81
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Landscaped, Insulated Glass, Undergrnd Utilities, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 528.000000
  • Garage Dim: 22.000 x 24.000
  • GarageLen: 22.000
  • GarageWid: 24.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Summerfield

Schools

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

Lot Info

  • Lot Sq Ft: 2015.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Nov 16, 2016
Sold by
Presice Properties Inc A Virignia Corpor
Bought by
Sterne Erick D and Sterne Denise A
Seller's Agent
Kim W BUSSEY
TMoore Real Estate Group LLC
Buyer's Agent
Deborah Cardwell
Century 21 ALL-SERVICE
List Price
$279,900
Sold Price
$279,500
Premium/Discount to List
-$400
-0.14%
Current Estimated Value
$445,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,414
Avg. Annual Appreciation
5.32%
Original Mortgage
$265,525
Outstanding Balance
$213,840
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$232,074

Purchase Details

Closed on
Feb 26, 2016
Sold by
Touchdown Properties Llc A Virginia Limi
Bought by
Precise Properties Inc A Virginia Corpor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sterne Erick D $279,500 Attorney
Precise Properties Inc A Virginia Corpor $45,000 Virginia Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterne Erick D $265,525
Previous Owner Precise Properties Inc A Virginia Corpor $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $279,500 -0.1% $139 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
04/07/2016 04/07/16 For Sale $279,900 -- $139 / 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 $1,279 $312,000 $55,000 $257,000
2024 $1,279 $312,000 $55,000 $257,000
2023 $1,279 $156,000 $0 $0
2022 $1,224 $122,400 $0 $0
2021 $1,224 $244,800 $55,000 $189,800
2020 $1,224 $244,800 $55,000 $189,800
2019 $1,224 $244,800 $55,000 $189,800
2018 $1,110 $213,500 $45,000 $168,500
2017 $1,110 $213,500 $45,000 $168,500
2016 $218 $42,000 $42,000 $0
2015 $218 $42,000 $42,000 $0
2014 $172 $33,000 $33,000 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kim W BUSSEY

    TMoore Real Estate Group LLC

    (434) 907-7808

    23 Total Sales

    Kim W BUSSEY
    Section Image
  • Deborah Cardwell

    Buyer's Agent in 2016

    Deborah Cardwell

    Century 21 ALL-SERVICE

    (434) 426-6631

    22 Total Sales

    Deborah Cardwell
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 297735

APN: 153-25-81

Virginia Bedford County Forest 24551

1132 New Market Loop, Forest, VA

Not Listed for Sale

Detached

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