$705,000
SOLD MAR 3, 2025

1147 S Fairway Dr Forest, VA 24551

5 Beds
4.5 Baths
3,792 Sq Ft
0.71 Acres

Recently Sold

$186 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • On Golf Course
  • Mountain View
  • Multiple Fireplaces
  • Forest Middle School Rated A-
  • Property is near a clubhouse
  • Ranch Style House

About This Home

As of March 2025

Nestled on the 14th fairway, this home offers beautiful views of London Downs and a harmonious blend of elegance and functionality. Designed for convenience & luxury, this main level boast an open floor plan enhanced w/ modern updates. The heart of the home is a welcoming great room w/ a cozy gas fireplace, seamlessly flowing into a dining area and eat-in kitchen. The primary suite is a private retreat, complete w/ a sitting area, remodeled bath and a walk-in closet. Two additional bedrooms share a jack and jill bath, a spacious laundry room, half bath and a 2-car garage complete this level. The fourth bedroom, located on a separate level, ensures privacy w/ its own bath and closet. For those desiring extra space, the full basement offer abundant light, a den with gas fireplace and a versatile office/craft room w/bath and closet. Outdoor enthusiasts will revel in the water views and expansive outdoor living areas, screened porch, deck & patio - perfect for relaxation and entertaining

Last Agent to Sell the Property

Liz C Dawson

Elite Realty License #0225142343 Listed on: 01/20/2025

Last Buyer's Agent

Karen Brooks

Elite Realty License #0225205412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,300

Year Built

  • Built in 1999

Lot Details

  • 0.71 Acre Lot
  • On Golf Course
  • Landscaped
  • Property is zoned R1

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 3,792 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Mountain Views
  • Attic Access Panel

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

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

Finished Basement

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

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Grab Bars
  • Property is near a clubhouse

Community Details

  • London Downs Subdivision
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 171A115

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,300

Year Built

Built in 1999

Lot Details

0

Listing Details

  • AssocFeeOptional: None
  • Directions: 460 to New London Rd to Left on Readmore to Right on South Fairway to home on Right
  • Internet Providers: Shentel
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1999
  • FullBathBelowGrade: 1
  • Garage Yn: Yes
  • Foyer Area: 36.000000
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: London Downs
  • Above Grade Finished Sq Ft: 2596.00
  • Reso Accessibility Features: Grab Bar(s)
  • Architectural Style: Ranch
  • Laundryroom Dim: 10.000 x 8.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Walkout
  • Breakfast Area: 0x0 Level:
  • Flooring: Carpet, Ceramic Tile, Heated, Hardwood
  • Deck: 15x7 Level: Level 1 Above Grade
  • Den: 31x12 Level: Level 1 Above Grade
  • Family Room: 0x0 Level:
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Foyer: 6x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Great Room: 24x14 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Primary Bed w/Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 24x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x8 Level: Level 1 Above Grade
  • Living Room: 0x0 Level:
  • Master Bedroom: 24x17 Level: Level 1 Above Grade
  • Office: 0x0 Level:
  • Other Room 1: 0x0 Level:
  • Other Room 2: 0x0 Level:
  • Other Room 3: 0x0 Level:
  • Porch: 0x0 Level:
  • Rec Room: 0x0 Level:
  • Screened Porch: 25x7 Level: Level 1 Above Grade
  • Sun Room: 0x0 Level:
  • Appliances: Dishwasher, Microwave, Range-Gas, Refrigerator
  • Half Bathrooms: 1
  • Fireplace: 2 Fireplaces, Den, Gas Log, Great Room
  • Stories: See Remarks
  • Sixth Bedroom: 0x0 Level:
  • Fifth Bedroom: 17x11 Level: Below Grade
  • Third Bedroom: 12x11 Level: Level 1 Above Grade
  • Fourth Bedroom: 22x11 Level: Level 2 Above Grade
  • Second Bedroom: 13x12 Level: Level 1 Above Grade
  • Room Bedroom5 Area: 187.000000
  • Room Bedroom3 Area: 132.000000
  • Room Master Bedroom Area: 408.000000
  • Den Area: 372.000000
  • Room Bedroom4 Area: 242.000000
  • GreatRoom Area: 336.000000
  • Room Kitchen Area: 288.000000
  • Room Bedroom2 Area: 156.000000
  • MasterBedroomDimensions Dim: 24.000 x 17.000
  • Kitchen Dim: 24.000 x 12.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 17.000

Exterior Features

  • Lot Number: 15
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Off-Street Parking, Patio, Concrete Drive, Landscaped, Screened Porch, Storm Doors, Undergrnd Utilities, Mountain Views, Club House Nearby, On Golf Course
  • Patio: 25x6 Level: Below Grade

Garage/Parking

  • Carport: 0x0 Level:
  • Garage Area: 576.000000
  • Garage Dim: 24.000 x 24.000
  • GarageLen: 24.000
  • GarageWid: 24.000
  • General Property Description:_pound_ Attached Garage Spaces: 2 Car
  • Garage Description: Garage Door Opener

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Water Heater: Electric
  • Heating: Heat Pump, Two-Zone
  • Water Source: County

Schools

  • Elementary School: New London Academy
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Zoning: R1
  • Acres: 0.7100
  • Lot Size Sq Ft: 30928.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 171A115
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 2300

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2025
Closed on
Feb 28, 2025
Sold by
Jerry W Morcom Revocable Living Trust and Carole Parrish Morcom Revocable Living T
Bought by
Parker Ronald K and Parker Joyce M
Seller's Agent
Liz C Dawson
Elite Realty
Buyer's Agent
Karen Brooks
Elite Realty
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Views
15
Current Estimated Value
$677,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,219
Avg. Annual Appreciation
-6.46%

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 8, 2017
Sold by
Wheeler Kyle W and Wheeler Kimberly
Bought by
Morcom Jerry W and Morcom Carole Parrish
Seller's Agent
Liz C Dawson
Elite Realty
Buyer's Agent
Liz C Dawson
Elite Realty
List Price
$509,900
Sold Price
$490,000
Premium/Discount to List
-$19,900
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jun 22, 2015
Sold by
Brown Walter W and Brown Rachelle S
Bought by
Wheelerr Kyle W and Wheelerr Kimberly
Seller's Agent
Liz C Dawson
Elite Realty
Buyer's Agent
APRIL S HESS
Mark A. Dalton & Co., Inc.
List Price
$439,000
Sold Price
$429,000
Premium/Discount to List
-$10,000
-2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$343,200
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $705,000 None Listed On Document
Warranty Deed $490,000 Settlement Services
Warranty Deed $429,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $343,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2025 03/03/25 Sold $705,000 -2.8% $186 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $725,000 +48.0% $191 / Sq Ft
06/08/2017 06/08/17 Sold $490,000 -3.9% $129 / Sq Ft View Prior Sale
05/26/2017 05/26/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $509,900 +18.9% $134 / Sq Ft
06/22/2015 06/22/15 Sold $429,000 -2.3% $113 / Sq Ft View Prior Sale
06/22/2015 06/22/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $439,000 -- $116 / 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 $2,285 $557,200 $100,000 $457,200
2024 $2,285 $557,200 $100,000 $457,200
2023 $2,285 $278,600 $0 $0
2022 $2,399 $239,900 $0 $0
2021 $2,399 $479,800 $100,000 $379,800
2020 $2,399 $479,800 $100,000 $379,800
2019 $2,399 $479,800 $100,000 $379,800
2018 $2,116 $407,000 $70,000 $337,000
2017 $2,116 $407,000 $70,000 $337,000
2016 $2,116 $407,000 $70,000 $337,000
2015 $2,116 $407,000 $70,000 $337,000
2014 $1,968 $378,400 $70,000 $308,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 356704

APN: 171A-1-15