NOT LISTED FOR SALE

1168 Lake Meadow Ln Forest, VA 24551

Estimated Value: $445,928 - $553,000

4 Beds
3 Baths
5,270 Sq Ft
$91/Sq Ft Est. Value

About This Home

This home is located at 1168 Lake Meadow Ln, Forest, VA 24551 and is currently estimated at $481,732, approximately $91 per square foot. 1168 Lake Meadow Ln is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Fairburn Allen K
Bought by
Falabella Jacob R and Falabella Christina L
Current Estimated Value
$481,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,999
Outstanding Balance
$291,629
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$190,103

Purchase Details

Closed on
Dec 15, 2011
Sold by
Barrick Andrew K and Barrick Linda H
Bought by
Fairburn Allen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Falabella Jacob R $339,999 Attorney
Fairburn Allen K $288,000 Reliance Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falabella Jacob R $322,999
Previous Owner Fairburn Allen K $273,600
Source: Public Records

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 $1,613 $393,500 $55,000 $338,500
2024 $1,613 $393,500 $55,000 $338,500
2023 $1,613 $196,750 $0 $0
2022 $1,484 $148,350 $0 $0
2021 $1,484 $296,700 $50,000 $246,700
2020 $1,484 $296,700 $50,000 $246,700
2019 $1,484 $296,700 $50,000 $246,700
2018 $1,406 $270,400 $45,000 $225,400
2017 $1,406 $270,400 $45,000 $225,400
2016 $1,406 $270,400 $45,000 $225,400
2015 $1,406 $270,400 $45,000 $225,400
2014 $1,298 $249,700 $40,000 $209,700
Source: Public Records

Map

Virginia Bedford County Forest 24551

1168 Lake Meadow Ln, Forest, VA

This home is located at 1168 Lake Meadow Ln, Forest, VA 24551 and is currently estimated at $481,732, approximately $91 per square foot. 1168 Lake Meadow Ln is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

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