NOT LISTED FOR SALE

1153 Shadow Peak Rd Forest, VA 24551

Estimated Value: $491,298 - $581,000

4 Beds
3.5 Baths
2,780 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $328,000 $118 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,994/month

13 Days on Market

Highlights

  • Community Lake
  • Den with Fireplace
  • Whirlpool Bathtub
  • Forest Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of July 2017

A home that memories are made of... Gorgeous 4br, 3.5 bath two-story is located in the sought after FOREST LAKES subdivision. Large updated kitchen w/white cabinets, granite, subway tile, new stainless steel appliances, and replacement windows. Security sensors system. Hardwood floors throughout. Unwind on your magnificent screened-in porch and gaze up at the stars through its skylights. All information is deemed reliable by not guaranteed. Buyers should verify the information to their own satisfaction. *HMS 1 year home warranty provided by Sellers.

Last Agent to Sell the Property

Sabrina Tomlin

NextHome TwoFourFive License #0225228533 Listed on: 06/14/2017

NextHome TwoFourFive

Last Buyer's Agent

Nadine Blakely

Re/Max 1st Olympic License #0225103715

Re/Max 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,583

Year Built

  • Built in 1995

Lot Details

  • 0.4 Acre Lot
  • Landscaped

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 2,780 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

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

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Finished 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

  • 2 Car Attached Garage
  • Garage Door Opener

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
  • Satellite Dish

Additional Features

  • Outdoor Storage
  • Property is near golf course

Listing and Financial Details

  • Assessor Parcel Number 100C122

Community Details

Overview

  • Association fees include grounds maintenance, neighborhood lights, pool, tennis, trash
  • Forest Lakes Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,583

Year Built

Built in 1995

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • FILLACRES: 0.4000
  • BuildingOnProperty: Storage Building
  • Directions: LAKE VISTA TO SWAN TO RIGHT ON SHADOW PEAK ROAD.
  • Lot Measurement: Acres
  • Lot Sq Ft: 17424.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 100C122
  • Year Built: 1995
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 15.000
  • Officeden Wid: 13.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 13.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 221.000000
  • Master Bedroom Dim: 17.000 x 13.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: FOREST LAKES LT 2 SEC 4
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 12x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 12x11 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 2345.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Interior Entrance, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Den: 15x13 Level: Level 1 Above Grade
  • Family Room: 24x12 Level: Below Grade
  • Fireplace: 2 Fireplaces, Den, Gas Log, Wood Burning
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Drywall, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Whirlpool Tub, Other
  • Dining Kitchen: 14x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Living Room: 18x13 Level: Level 1 Above Grade
  • Master Bedroom: 17x13 Level: Level 2 Above Grade
  • Porch: 29x4 Level: Level 1 Above Grade
  • Screened Porch: 12x16 Level: Level 1 Above Grade
  • Den Area: 195.000000
  • FamilyRoom Area: 288.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 182.000000
  • LivingRoom Area: 234.000000
  • 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 Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Landscaped, Screened Porch, Storm Doors, Insulated Glass, Tennis Courts Nearby, Satellite Dish, Undergrnd Utilities, Lake Nearby, Golf Nearby, Other

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Grounds Maintenance, Neighborhood Lights, Pool, Tennis, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 71.00
  • Subdivision Complex: Forest Lakes

Schools

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

Lot Info

  • Lot Sq Ft: 2780.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2017
Closed on
Jul 25, 2017
Sold by
Cheatwood Michael Todd and Cheatwood Stephanie Lynn
Bought by
Gorman Patrick F and Gorman Jacquelyn A
Seller's Agent
Sabrina Tomlin
NextHome TwoFourFive
Buyer's Agent
Nadine Blakely
Re/Max 1st Olympic
List Price
$339,000
Sold Price
$328,000
Premium/Discount to List
-$11,000
-3.24%
Current Estimated Value
$531,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,649
Avg. Annual Appreciation
5.77%
Original Mortgage
$262,400
Outstanding Balance
$218,130
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$309,445

Purchase Details

Closed on
Apr 14, 2005
Sold by
Westerman Kurt Ogg and Westerman Nancy Lynn
Bought by
Cheatwood Michael Todd and Cheatwood Stephine Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,580
Interest Rate
6.01%
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
Gorman Patrick F $327,900 Attorney
Cheatwood Michael Todd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorman Patrick F $262,400
Previous Owner Cheatwood Michael Todd $52,580
Previous Owner Cheatwood Michael Todd $210,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2017 07/25/17 Sold $328,000 -3.2% $118 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $339,000 -- $122 / 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 $1,715 $418,300 $75,000 $343,300
2024 $1,715 $418,300 $75,000 $343,300
2023 $1,715 $209,150 $0 $0
2022 $1,626 $162,550 $0 $0
2021 $1,626 $325,100 $65,000 $260,100
2020 $1,626 $325,100 $65,000 $260,100
2019 $1,626 $325,100 $65,000 $260,100
2018 $1,583 $304,500 $65,000 $239,500
2017 $1,583 $304,500 $65,000 $239,500
2016 $1,583 $304,500 $65,000 $239,500
2015 $1,583 $304,500 $65,000 $239,500
2014 $1,458 $280,400 $45,000 $235,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 305925

APN: 100C-12-2