NOT LISTED FOR SALE

1155 New Market Loop Forest, VA 24551

Estimated Value: $441,000 - $481,000

4 Beds
2.5 Baths
2,249 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $415,000 $185 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,570/month

4 Days on Market

About This Home

As of October 2022

Incredible home located in amazing neighborhood. This home boasts four spacious bedrooms and 2 & half baths. Upon entering you will find an inviting foyer that opens up to large living space w/ breakfast nook. Off to the right is a large open kitchen with granite countertops, an island with bar stool seating, stainless steel appliances and pantry. Also located on the main level are formal dining area and two car garage. On the second floor you will find primary bedroom with en suite bathroom that boasts beautiful tile shower along with 3 other bedrooms and another full bathroom! Laundry area located on the same level as all the bedrooms! Full unfinished basement with potential for future expansion with amazing ceiling height, roughed in for bathroom & walkout.

Last Agent to Sell the Property

Chris Davies

Lauren Bell Real Estate, Inc. License #0225234052 Listed on: 08/29/2022

Last Buyer's Agent

Shannon Sims

Keller Williams License #0225236024

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 2017

Lot Details

  • 0.39 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,249 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement
  • Attic Access Panel
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,479

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Directions: Thomas Jefferson to Bellevue to Hupps Hill to Left on New Market Loop
  • Lot Measurement: Acres
  • Lot Sq Ft: 16988.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2017
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 6.000 x 4.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 16.000 x 14.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 16.000 x 14.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: SUMMERFIELD LT 47 PB 47/6
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 18x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 198.000000
  • Third Bedroom: 12x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 12x10 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 2249.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Walkout
  • Breakfast Area: 14x10 Level: Level 1 Above Grade
  • Flooring: Laminate, Tile
  • Year Built Exception: 0
  • Deck: 12x10 Level: Level 1 Above Grade
  • Formal Dining: 12x11 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Other
  • Dining Kitchen: 12x11 Level: Level 1 Above Grade
  • Laundry: Second Floor
  • Laundry Room: 6x4 Level: Level 2 Above Grade
  • Living Room: 16x14 Level: Level 1 Above Grade
  • Master Bedroom: 16x14 Level: Level 2 Above Grade
  • Porch: 18x6 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 132.000000
  • Laundry Room Area: 24.000000
  • LivingRoom Area: 224.000000
  • 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: Other

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Area: 400.000000
  • Garage Dim: 20.000 x 20.000
  • GarageLen: 20.000
  • GarageWid: 20.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Bedford
  • Elementary School #2: New London Academy
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2249.00

Tax Info

  • Estimated Taxes: 1479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Nichols Michael E and Nichols Sarah D
Bought by
Greentree Property Management Inc
Total Days on Market
4
Current Estimated Value
$460,252

Purchase Details

Listed on
Aug 29, 2022
Closed on
Sep 16, 2022
Sold by
Raines Cooper W and Raines Emily D
Bought by
Nichols Michael E and Nichols Sarah D
Seller's Agent
Chris Davies
Lauren Bell Real Estate, Inc.
Buyer's Agent
Shannon Sims
Keller Williams
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$373,500
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 18, 2017
Closed on
Aug 20, 2018
Sold by
Touchdown Properties Llc
Bought by
Raines Cooper W and Raines Emily D
Seller's Agent
Ann Parker
DeWitt Real Estate & Auctions
Buyer's Agent
Max Guthrie
Century 21 ALL-SERVICE
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$270,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Greentree Property Management Inc -- --
Nichols Michael E $415,000 Blue Ridge Title
Raines Cooper W $300,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nichols Michael E $373,500
Previous Owner Raines Cooper W $258,000
Previous Owner Raines Cooper W $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $415,000 +3.8% $185 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $399,900 +33.3% $178 / Sq Ft
08/21/2018 08/21/18 Sold $300,000 -3.2% $137 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
11/18/2017 11/18/17 For Sale $309,900 -- $141 / 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 $1,540 $375,700 $55,000 $320,700
2023 $1,540 $187,850 $0 $0
2022 $1,480 $147,950 $0 $0
2021 $1,480 $295,900 $55,000 $240,900
2020 $1,480 $295,900 $55,000 $240,900
2019 $1,480 $295,900 $55,000 $240,900
2018 $1,333 $256,400 $45,000 $211,400
2017 $218 $42,000 $42,000 $0
2016 $218 $42,000 $42,000 $0
2015 $218 $42,000 $42,000 $0
2014 $156 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Chris Davies

    Lauren Bell Real Estate, Inc.

    (434) 221-9777

    146 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Shannon Sims

    Keller Williams

    (540) 580-4471

    120 Total Sales

    Shannon Sims
    Section Image

  • A

    Seller's Agent in 2018

    Ann Parker

    DeWitt Real Estate & Auctions

    (434) 401-3222

    Section Image
  • Tommy DeWitt

    Seller Co-Listing Agent in 2018

    Tommy DeWitt

    DeWitt Real Estate & Auctions

    (434) 941-1305

    111 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    Max Guthrie

    Century 21 ALL-SERVICE

    (434) 941-4905

    19 Total Sales

    Max Guthrie
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340226

APN: 90507391

Virginia Bedford County Forest 24551

1155 New Market Loop, Forest, VA

This home is located at 1155 New Market Loop, Forest, VA 24551 since 29 August 2022 and is currently estimated at $460,252, approximately $204 per square foot. This property was built in 2017. 1155 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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