NOT LISTED FOR SALE

1132 New Market Loop Forest, VA 24551

Estimated Value: $366,637 - $463,000

3 Beds
2 Baths
2,015 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 30, 2016

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

Est. 49% increase in value since last sale

Current estimated payment $2,431/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

KIMBERLY 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

  • 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

  • School District: Bedford
  • 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
KIMBERLY 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%
Total Days on Market
228
Current Estimated Value
$415,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,659
Avg. Annual Appreciation
4.72%
Original Mortgage
$265,525
Interest Rate
3.52%
Mortgage Type
New Conventional

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

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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
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 $251,500
Closed Sterne Erick D $265,525
Previous Owner Precise Properties Inc A Virginia Corpor $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    KIMBERLY W BUSSEY

    TMoore Real Estate Group LLC

    22 Total Sales

    Section Image
  • Deborah Cardwell

    Buyer's Agent in 2016

    Deborah Cardwell

    Century 21 ALL-SERVICE

    (434) 426-6631

    25 Total Sales

    Deborah Cardwell
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 297735

APN: 90507425

Virginia Bedford County Forest 24551

1132 New Market Loop, Forest, VA

This home is located at 1132 New Market Loop, Forest, VA 24551 since 07 April 2016 and is currently estimated at $415,159, approximately $206 per square foot. This property was built in 2016. 1132 New Market Loop 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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