1140 Mays Farm Rd Forest, VA 24551
3
Beds
3.5
Baths
2,273
Sq Ft
21.83
Acres
Highlights
- 21.83 Acre Lot
- Secluded Lot
- Wood Flooring
- Forest Elementary School Rated A-
- Multiple Fireplaces
- Main Floor Bedroom
About This Home
As of October 2024Rare Secluded Log Cabin sits on over 21 acres, winding paved drive, minutes to town for all your conveniences. 3 bedrooms & 3.5 baths, Open floor plan w/ vaulted ceilings, large stone fireplace, spacious kitchen, separate dining & breakfast nook. Main level has a large primary suite, half bath. Upstairs boasts a large loft that could be used in various ways, 2 roomy bedrooms with full baths attached. Enjoy evenings on your screened-in porch, outdoor fireplace & TV. Many decks provide fabulous dining & grilling opportunities. Enjoy endless nature walks & observe the beauty of the property through every season. Property borders Elk Creek. Live in Forest where you can enjoy great restaurants & shopping. Such a unique, rare find where you can feel like you are on a secluded vacation to relax and recharge at a cabin while still being so close to all the reasons you want to live in Lynchburg! This perfect rustic escape can be yours today, Home is furnished & a 240V Tesla charger is included.
Last Agent to Sell the Property
Mark A. Dalton & Co., Inc. License #0225100373 Listed on: 08/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,837
Year Built
- Built in 2013
Lot Details
- 21.83 Acre Lot
- Landscaped
- Secluded Lot
Parking
- Off-Street Parking
Home Design
- Log Cabin
- Shingle Roof
Interior Spaces
- 2,273 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Multiple Fireplaces
- Great Room
- Screened Porch
- Wood Flooring
- Crawl Space
- Attic Access Panel
- Fire and Smoke Detector
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- Main Floor Bedroom
Eco-Friendly Details
- Electronic Air Cleaner
Schools
- Forest Elementary School
- Forest Midl Middle School
- Jefferson Forest-Hs High School
Utilities
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- Net Lease
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2024
Closed on
Oct 4, 2024
Sold by
Schubert Family Business Trust and Schubert Jonathan
Bought by
Hicks Kirk L and Hicks Leslie A
Seller's Agent
Jannie Handy
Mark A. Dalton & Co., Inc.
Buyer's Agent
Amy Carter
Divine Fog Realty Company LLC
List Price
$999,900
Sold Price
$925,000
Premium/Discount to List
-$74,900
-7.49%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,256
Avg. Annual Appreciation
0.36%
Original Mortgage
$400,000
Outstanding Balance
$391,298
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$536,467
Purchase Details
Listed on
Mar 22, 2024
Closed on
Mar 18, 2024
Sold by
Schubert Michelle
Bought by
Schubert Family Business Trust and Schubert
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$781,500
Sold Price
$781,500
Views
3
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.13%
Original Mortgage
$535,500
Interest Rate
6.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2023
Sold by
Lamano Robert
Bought by
Spagnolo Joseph W and Spagnolo Casey O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 2012
Sold by
Hare R Bryant
Bought by
Lamano Robert
Similar Homes in Forest, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $925,000 | Advantage Title | |
| Gift Deed | -- | Fidelity National Title | |
| Warranty Deed | $700,000 | Fidelity National Title | |
| Deed | $258,342 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $535,500 | New Conventional | |
| Previous Owner | $560,000 | New Conventional | |
| Previous Owner | $300,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $925,000 | -7.5% | $407 / Sq Ft |
| 09/15/2024 09/15/24 | Pending | -- | -- | -- |
| 08/09/2024 08/09/24 | For Sale | $999,900 | +27.9% | $440 / Sq Ft |
| 03/22/2024 03/22/24 | Sold | $781,500 | 0.0% | $344 / Sq Ft |
| 03/22/2024 03/22/24 | Pending | -- | -- | -- |
| 03/22/2024 03/22/24 | For Sale | $781,500 | -- | $344 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $1,724 | $582,800 | $236,600 | $346,200 |
| 2024 | $1,837 | $610,200 | $264,000 | $346,200 |
| 2023 | $1,837 | $224,000 | $0 | $0 |
| 2022 | $1,590 | $158,950 | $0 | $0 |
| 2021 | $1,840 | $367,900 | $131,800 | $236,100 |
| 2020 | $1,700 | $339,900 | $103,800 | $236,100 |
| 2019 | $198 | $339,900 | $103,800 | $236,100 |
| 2018 | $1,941 | $373,300 | $144,700 | $228,600 |
| 2017 | $1,609 | $309,500 | $80,900 | $228,600 |
| 2016 | $1,609 | $309,500 | $80,900 | $228,600 |
| 2015 | $1,422 | $273,400 | $44,800 | $228,600 |
| 2014 | $1,268 | $243,800 | $29,800 | $214,000 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Jannie Handy
Mark A. Dalton & Co., Inc.
(434) 444-0560
41 Total Sales
-
Seller's Agent in 2024
Nadine Blakely
RE/MAX
(434) 444-2226
400 Total Sales
-
Buyer's Agent in 2024
Amy Carter
Divine Fog Realty Company LLC
(540) 874-4113
55 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 353888
APN: 99-21-1
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