NOT LISTED FOR SALE

114 Lake Ridge Dr Forest, VA 24551

Estimated Value: $543,000 - $643,000

6 Beds
3.5 Baths
4,250 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $445,000 $105 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,267/month

14 Days on Market

Highlights

  • On Golf Course
  • Mountain View
  • Fireplace in Primary Bedroom
  • Forest Elementary School Rated A-
  • Property is near clubhouse
  • Wood Flooring

About This Home

As of August 2022

BACK ON THE MARKET!! Breathtaking mountain views from this brick Colonial on the 15th tee of the Ivy Hill Golf Course and Country Club in Jefferson Forest School District! This home has had over 80k in repairs and updates since purchase, including a brand new roof on home and detached 2-car garage, a fully remodeled Kohler Master bath (to be completed prior to close), washer/dryer hook ups on second floor, among many other things! Beautiful kitchen with granite and craftsmen cabinetry, a formal dining room and living room providing lots of space for entertaining or a large family. Spacious master bedroom is en suite w/2 custom closets. Finished basement with large 6th bedroom, flex space and full bathroom. There are four fireplaces in then one, one in the master, living room, family room and basement to warm up by in the winters! A full finished basement with an exterior entrance offers plenty of potential for a game room, build out to an apartment, or storage! MUST SEE!

Last Agent to Sell the Property

Renee Ruth

EXP Realty LLC-Forest License #0225224109 Listed on: 07/17/2022

EXP Realty LLC-Forest

Last Buyer's Agent

Renee Ruth

EXP Realty LLC-Forest License #0225224109 Listed on: 07/17/2022

EXP Realty LLC-Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 1973

Lot Details

  • 0.68 Acre Lot
  • On Golf Course

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 4,250 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Game Room
  • Mountain Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Location

  • Property is near clubhouse

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

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,612

Year Built

Built in 1973

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • FILLACRES: 0.6800
  • AssocFeeOptional: Optional
  • Directions: Forest Rd to Perrowville Rd To Ivy Hill entrance to right at Hitching Post to Right on Lake Ridge Dr to house on right at top of hill.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 29621.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1973
  • Detached Garage: 2 Car
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 12.000 x 10.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 22.000 x 14.000
  • Livingroom Len: 22.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 322.000000
  • Master Bedroom Dim: 23.000 x 14.000
  • Masterbedroom Len: 23.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 13.000 x 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 6
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Ivy Hill Lot 9 Blk 4 Sec 1
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 182.000000
  • Third Bedroom: 14x14 Level: Level 2 Above Grade
  • Third Bedroom Area: 196.000000
  • Fourth Bedroom: 14x13 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 182.000000
  • Fifth Bedroom: 14x14 Level: Level 1 Above Grade
  • Fifth Bedroom Area: 196.000000
  • Sixth Bedroom: 15x13 Level: Below Grade
  • Sixth Bedroom Area: 195.000000
  • Above Grade Finished Sq Ft: 2968.00
  • ApplianceConvey: Dishwasher, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Floored, Storage Only, Walk In, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance, Walkout
  • Breakfast Area: 12x12 Level: Level 1 Above Grade
  • Flooring: Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Family Room: 1x15 Level: Level 1 Above Grade
  • Fireplace: 3+ Fireplaces, Living Room, Master Bedroom, Wood Burning
  • Formal Dining: 18x14 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Main Level Den, Master Bed w/ Bath, Separate Dining Room, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 16x16 Level: Level 1 Above Grade
  • Laundry: Basement, Second Floor, Separate Laundry Rm., Washer Connections
  • Laundry Room: 12x10 Level: Level 2 Above Grade
  • Living Room: 22x14 Level: Level 1 Above Grade
  • Master Bedroom: 23x14 Level: Level 2 Above Grade
  • Office: 13x12 Level: Level 2 Above Grade
  • Rec Room: 33x22 Level: Below Grade
  • FamilyRoom Area: 15.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 256.000000
  • Laundry Room Area: 120.000000
  • LivingRoom Area: 308.000000
  • Office Area: 156.000000
  • 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 Area: 726.000000
  • Rec Room Dim: 33.000 x 22.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Undergrnd Utilities, Mountain Views, Club House Nearby, On Golf Course
  • Patio: 13x12 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 35.00

Schools

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

Lot Info

  • Lot Sq Ft: 4250.00

Tax Info

  • Estimated Taxes: 1612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2022
Closed on
Aug 24, 2022
Sold by
Harris Kersey Sr David and Harris Oneida S
Bought by
Jarrells Jonnie Reynolds
Seller's Agent
Renee Ruth
EXP Realty LLC-Forest
Buyer's Agent
Renee Ruth
EXP Realty LLC-Forest
List Price
$449,990
Sold Price
$445,000
Premium/Discount to List
-$4,990
-1.11%
Current Estimated Value
$593,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,887
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
Jun 14, 2021
Closed on
Feb 25, 2022
Sold by
Foster Bernard and Foster Kimberly
Bought by
Kersey David Harris and Kersey Oneida S
Seller's Agent
Scott Bernard
The Real Estate Advantage
Buyer's Agent
Renee Ruth
EXP Realty LLC-Forest
List Price
$529,900
Sold Price
$435,000
Premium/Discount to List
-$94,900
-17.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Jan 2, 2020
Sold by
Bernard Scott and Bernard Kimberly Foster
Bought by
Bernard Kimberly Foster

Purchase Details

Closed on
Mar 27, 2007
Sold by
Fiset Nancy A
Bought by
Bernard Scott A and Foster Kim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2005
Sold by
Shelly Eugene P
Bought by
Shelly Eugene P
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
Jarrells Jonnie Reynolds $445,000 --
Kersey David Harris $435,000 Performance Title
Bernard Kimberly Foster -- None Available
Bernard Scott A -- None Available
Shelly Eugene P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernard Scott A $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $445,000 -1.1% $105 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/17/2022 07/17/22 For Sale $449,990 +3.4% $106 / Sq Ft
02/28/2022 02/28/22 Sold $435,000 -17.9% $102 / Sq Ft View Prior Sale
01/23/2022 01/23/22 Pending -- -- --
06/14/2021 06/14/21 For Sale $529,900 -- $125 / 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 $1,934 $471,600 $75,000 $396,600
2024 $1,934 $471,600 $75,000 $396,600
2023 $1,934 $235,800 $0 $0
2022 $1,735 $173,500 $0 $0
2021 $1,735 $347,000 $60,000 $287,000
2020 $1,735 $347,000 $60,000 $287,000
2019 $1,735 $347,000 $60,000 $287,000
2018 $1,758 $338,000 $60,000 $278,000
2017 $1,758 $338,000 $60,000 $278,000
2016 $1,758 $338,000 $60,000 $278,000
2015 $1,758 $338,000 $60,000 $278,000
2014 $1,726 $332,000 $44,000 $288,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 339481

APN: 99A-1-4-9