$300,000
SOLD AUG 21, 2018

1155 New Market Loop Forest, VA 24551

4 Beds
2.5 Baths
2,197 Sq Ft
0.39 Acres

Recently Sold

$137 Per Sq Ft

3% Below List Price

240 Days on Market

Highlights

  • Ski Accessible
  • Creek or Stream View
  • Wood Flooring
  • Forest Middle School Rated A-
  • Property is near a clubhouse
  • Great Room

About This Home

As of October 2022

Best Value in Bedford Co! New w/High End Finishes & upgrades! Entry Foyer w/Upgraded Oak Trim, Oak Tread & Railing/Iron Spindle Staircase w/Stair Lighting! Spacious Formal DR w/Butler Pantry & half bath leading to Large Open Kitchen w/Pantry, Granite Counters & Island w/Bar stool seating & storage. Great Room is Large Enough for Full Dining Area & Oversized Living Room. Upstairs are 4 Spacious BRs, all w/ample Lit closet storage! Large Master Bedroom w/On-Suite Bath, w/tiled shower w/seat & glass doors, Separate granite vanities & Linen closet! Guest Bath w/granite double vanity & Full Tub & Shower. Bedroom Level, Ceramic Tiled Laundry Room w/Storage. Main Level 2-Car Garage, Plus Full Basement! Bsmt steps are nicely finished, Bsmt has high ceiling clearance, is partially framed, has rough-in bath, and double doors open to Patio - nice level lot in convenient Summerfield, close to 811/460, schools, shopping, golf, Lynchburg & Bedford. County Water & Sewer/No HOA! Must See! Broker/Owner

Last Agent to Sell the Property

Ann Parker

DeWitt Real Estate & Auctions License #0225035649 Listed on: 11/18/2017

Co-Listed By

Tommy DeWitt

DeWitt Real Estate & Auctions License #0225033016

Last Buyer's Agent

Max Guthrie

Century 21 ALL-SERVICE License #0225200847

Century 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2017

Lot Details

  • 0.39 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 2,197 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Formal Dining Room
  • Creek or Stream Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

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

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near a clubhouse
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 90507391

Community Details

Overview

  • Summerfield Subdivision

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Directions: RT. 460 to Thomas Jefferson Road (RT.811) to Bellevue Road T/L onto Hupps Hill Lane, to L on Valor Court, R on New Market Loop, to 1155 on L.
  • Lot Measurement: Acres
  • Lot Sq Ft: 16988.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90507391
  • Year Built: 2017
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 28.000000
  • Laundryroom Dim: 6.000 x 4.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 14.000 x 16.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 16.000
  • 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 Lot 47 PB 47/6
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x18 Level: Level 2 Above Grade
  • Second Bedroom Area: 198.000000
  • Third Bedroom: 11x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 10x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 2197.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Self Cleaning Oven
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Roughed in Bath, Walkout
  • Breakfast Area: 10x14 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 10x12 Level: Level 1 Above Grade
  • Family Room: 14x16 Level: Level 1 Above Grade
  • Formal Dining: 11x12 Level: Level 1 Above Grade
  • Foyer: 4x7 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 11x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Second Floor, Washer Connections
  • Laundry Room: 6x4 Level: Level 2 Above Grade
  • Master Bedroom: 14x16 Level: Level 2 Above Grade
  • Porch: 6x18 Level: Level 1 Above Grade
  • FamilyRoom Area: 224.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 132.000000
  • Laundry Room Area: 24.000000
  • 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

  • Lot Number: Lot 47
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Insulated Glass, Undergrnd Utilities, Stream/Creek, Club House Nearby, Golf Nearby, Ski Slope Nearby
  • Patio: 10x14 Level: Below Grade

Garage/Parking

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

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Summerfield

Schools

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

Lot Info

  • Lot Sq Ft: 2197.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1500

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
240
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 Type Sale Price Title Company
Gift Deed -- --
Bargain Sale Deed $415,000 Blue Ridge Title
Warranty Deed $300,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $373,500 Credit Line Revolving
Previous Owner $258,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $270,000 New Conventional
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: 308682

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 and is currently priced at $300,000, approximately $136 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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