$294,000
SOLD JUL 16, 2024

1182 Commonwealth Cir Forest, VA 24551

Forest Neighborhood
3 Beds
2.5 Baths
1,552 Sq Ft
$140/mo HOA Fee

Recently Sold

$189 Per Sq Ft

37% Above List Price

27 Days on Market

Highlights

  • Property is near a clubhouse
  • Great Room
  • Walk-In Closet
  • Forest Elementary School Rated A-
  • Community Pool
  • Laundry closet

About This Home

As of July 2024

*SEE 3D TOUR! BEAUTIFUL upgrades abound in this spectacular Farmington townhome! Enjoy the open, spacious floor plan with large kitchen island, granite tops, stainless appliances & large pantry. Custom bookshelves and shiplap wall in the living room w/ art lighting & upgraded USB outlets. Elegant board and batten in the dining room & half bath on the main level. Extend your living space and relax in the park-like back patio with extended concrete patio, upgraded privacy walls & garden planter. The upstairs master w/ en-suite features a double sink vanity & large walk-in closet. There are also two additional bedrooms that look out in to the trees, full bath & upstairs laundry. Join the pool or stroll though Farmington. Low Bedford county taxes and Forest school district! Enjoy the maintenance free living The Townes at Farmington has to offer!

Last Agent to Sell the Property

Jason Porter

Legacy Realty and Development License #0225233574 Listed on: 05/18/2024

Last Buyer's Agent

Jennifer Reilly

EXP Realty LLC-Forest License #0225249224

EXP Realty LLC-Forest

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $405

Year Built

  • Built in 2019

Lot Details

  • 2,178 Sq Ft Lot
  • Landscaped

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Attic Access Panel

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Location

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

Schools

  • Forest Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 90510086

Community Details

Overview

  • Association fees include club house, exterior maintenance, grounds maintenance, neighborhood lights, road maintenance, snow removal, trash

Recreation

  • Community Pool

Building Details

  • Net Lease

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$405

Year Built

Built in 2019

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Perrowville to R on Glade Springs, Immediate L on Commonwealth
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2019
  • Garage Yn: No
  • Foyer Area: 36.000000
  • Property Sub-Type: Townhouse
  • Above Grade Finished Sq Ft: 1552.00
  • Laundryroom Dim: 0.000 x 0.000
  • Office Dim: 0.000 x 0.000
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Formal Dining: 13x9.50 Level: Level 1 Above Grade
  • Foyer: 9x4 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 21x12.50 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Primary Bed w/Bath, Pantry, Tile Bath(s), TV Mount(s), Walk-In Closet(s)
  • Dining Kitchen: 13x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Washer Connections
  • Master Bedroom: 12x14 Level: Level 2 Above Grade
  • Appliances: Dishwasher, Microwave, Range-Elec, Self Cleaning Oven
  • Half Bathrooms: 1
  • Stories: Two
  • Third Bedroom: 12x10 Level: Level 2 Above Grade
  • Second Bedroom: 12x10 Level: Level 2 Above Grade
  • Room Bedroom3 Area: 120.000000
  • Room Master Bedroom Area: 168.000000
  • GreatRoom Area: 262.500000
  • Room Kitchen Area: 143.000000
  • Room Bedroom2 Area: 120.000000
  • MasterBedroomDimensions Dim: 12.000 x 14.000
  • Kitchen Dim: 13.000 x 11.000
  • Sunroom Dim: 0.000 x 0.000
  • Master Bedroom Master Bedroom Width: 14.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Concrete Drive, Landscaped, Insulated Glass, Undergrnd Utilities, Club House Nearby, Golf Nearby
  • Patio: 10x13 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump
  • Sewer: County
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: County

Condo/Co-op/Association

  • Association Fee: 140.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Club House, Exterior Maintenance, Grounds Maintenance, Neighborhood Lights, Road Maintenance, Snow Removal, Trash

Schools

  • Elementary School: Forest Elem
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Zoning: R2
  • Acres: 0.0500
  • Lot Size Sq Ft: 2178.00
  • ResoLotSizeUnits: SqFt
  • Parcel Number: 90510086

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.001-05:00

Tax Info

  • Estimated Taxes: 405

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2024
Closed on
Jul 11, 2024
Sold by
Young Matthew P
Bought by
Mbaki Rahab
Seller's Agent
Jason Porter
Legacy Realty and Development
Buyer's Agent
Jennifer Reilly
EXP Realty LLC-Forest
List Price
$214,900
Sold Price
$294,000
Premium/Discount to List
$79,100
36.81%
Views
75
Current Estimated Value
$297,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,364
Avg. Annual Appreciation
4.65%
Original Mortgage
$288,674
Outstanding Balance
$286,507
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$20,452

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 10, 2020
Sold by
Irish Enterprises Llc
Bought by
Young Matthew P
Seller's Agent
Tina Friar
Keller Williams
Buyer's Agent
Jason Porter
Legacy Realty and Development
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$199,900
Interest Rate
3.5%
Mortgage Type
Farmers Home Administration
Source: Public Records

Similar Homes in Forest, VA

  • 1066 Commonwealth Cir, Forest, VA 24551

    $289,900

    • 3 Beds
    • 2.5 Baths
    • 1,572 Sq Ft
    • 1066 Commonwealth Cir
    • Forest, VA

    Welcome home to 1066 Commonwealth Circle. This beautiful 3-bedroom, 2.5 bath end unit townhome is located in convenient Farmington. Enter into the large foyer with drop zone leading to spacious, open great room, featuring hardwood throughout main level, large kitchen with new granite countertops and backsplash, stainless appliances and island. Huge great room with separate dining area. Tons of

    Kem Cobb Elite Realty

    Section Image
  • 1034 Commonwealth Cir, Forest, VA 24551

    $305,000

    • 3 Beds
    • 2.5 Baths
    • 1,784 Sq Ft
    • 1034 Commonwealth Cir
    • Forest, VA

    Charming Townhome in a Prime Location - Original Owner, Impeccably Maintained! Welcome to this beautifully maintained townhome, a true gem that has been lovingly cared for by its original owner. Located in one of the most sought-after neighborhoods, this home offers the perfect blend of comfort, convenience, and style. Featuring 3 spacious bedrooms plus a separate office space, you'll find

    Michele Jordan Realty ONE Group Leading Edge

    Section Image
  • 1057 Casley Way, Forest, VA 24551

    $284,900

    • 3 Beds
    • 2.5 Baths
    • 1,364 Sq Ft
    • 1057 Casley Way
    • Forest, VA

    Beautiful 2 story townhouse in Farmington in Forest. 3 bedrooms, 2.5 bathrooms with upstairs laundry. Large living room, private back patio and charming front porch. Walking distance to beautiful playgrounds. Access to pool, clubhouse, and gym included. Plus all outside maintenance landscaping, snow and ice removal, and trash pickup.

    Brandi Smith Signature One Realtors, LLC

    Section Image
  • 1036 Brownstone Ln, Forest, VA 24551

    $334,000

    • 3 Beds
    • 2.5 Baths
    • 1,715 Sq Ft
    • 1036 Brownstone Ln
    • Forest, VA

    Ready for Maintenance free living? Look no further! This beautiful, well-maintained townhome in the sought neighborhood of Farmington in Forest, VA. offers 3 bedrooms, 2 1/2 bathrooms, open concept kitchen with great room and a one car garage with an EV car charger. The kitchen has quartz countertops, upgraded kitchen appliances & upgraded finishes. Enjoy relaxing in the great room with the

    Kelly Mann Lynchburg's Finest Team LLC

    Section Image
  • 1586 Helmsdale Dr, Forest, VA 24551

    $364,900

    • 3 Beds
    • 2.5 Baths
    • 2,462 Sq Ft
    • 1586 Helmsdale Dr
    • Forest, VA

    Motivated Seller. Spacious like a single-family home w/ over 2,400 sq ft to make your own. A Soaring 2-story foyer leads to an open-concept living area w/ a spacious kitchen, granite countertops, stainless steel appliances, tile backsplash, deep bowl sink, large island & sizable pantry. The dining area w/ custom trim-work opens to a private covered patio w/ a 44 sq ft storage closet. Enjoy all

    Betsy Ferguson Lynchburg's Finest Team LLC

    Section Image
  • 1055 Graystone Ln, Forest, VA 24551

    $334,900

    • 3 Beds
    • 2.5 Baths
    • 1,804 Sq Ft
    • 1055 Graystone Ln
    • Forest, VA

    DOUBLE the UpgradesHALF the Price! Welcome to 1055 Graystone Lane in the desirable Farmington community near Lynchburg! This 3-bedroom, 2.5-bath townhome, built in 2019, is packed with over $20,000 in high-end upgradesand listed just $10,000 above what the sellers paid six months ago. That's twice the value at half the cost! Inside, you'll find an open layout with stylish finishes and a

    Adam Stinespring Keller Williams

    Section Image
  • 1019 Blake Ct, Forest, VA 24551

    $259,900

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft
    • 1019 Blake Ct
    • Forest, VA

    Priced To Sell! Beautiful townhome conveniently located in Forest offers 3 Bedrooms, 2.5 Baths, and a fully finished basement. On the main level, enjoy a bright living room with a gas log fireplace, an updated kitchen with brand-new appliances, and a convenient half bath. The eat-in kitchen features sliding doors that lead to a private deck with beautiful mountain views. Laundry is also located

    Lolly Baker Mark A. Dalton & Co., Inc.

    Section Image
  • 1031 Middle View Dr, Forest, VA 24551

    $230,000

    • 2 Beds
    • 2.5 Baths
    • 1,280 Sq Ft
    • 1031 Middle View Dr
    • Forest, VA

    Lovely Ashwood townhome with lots of upgrades in the coveted Bedford County, within minutes of schools and Forest's main restaurants and shopping areas. This home boasts updated flooring and appliances, newer HVAC (2021) and water heater (2022), brand new roof and fresh paint, as well as a brand new coded lock on the front door. The sellers have done all of the updating for you! The two bedrooms

    Erica Mabry Lauren Bell Real Estate, Inc.

    Section Image
  • 502 Fairwinds Ct, Forest, VA 24551

    $289,900

    • 2 Beds
    • 2 Baths
    • 1,644 Sq Ft
    • 502 Fairwinds Ct
    • Forest, VA

    Meticulously Maintained Villa with Mountain Views at Ivy Hill Golf Course Located just off the first hole of Ivy Hill Golf Course, this well-kept villa offers beautiful course and mountain views and low-maintenance living with a one-car garage and luxury LVP flooring throughout the main living areas. The open living and dining area features upgraded sliding doors and windows for abundant natural

    Jeremiah Cochenour Mark A. Dalton & Co., Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bargain Sale Deed $315,000 Performance Title
Warranty Deed $199,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,674 FHA
Previous Owner $75,000 Credit Line Revolving
Previous Owner $199,900 Farmers Home Administration
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $294,000 -5.1% $189 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/01/2024 06/01/24 Price Changed $309,900 -1.6% $200 / Sq Ft
05/18/2024 05/18/24 Price Changed $314,900 +46.5% $203 / Sq Ft
05/18/2024 05/18/24 For Sale $214,900 +7.5% $138 / Sq Ft
03/10/2020 03/10/20 Sold $199,900 0.0% $130 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $199,900 -- $130 / 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 $992 $241,900 $35,000 $206,900
2023 $992 $120,950 $0 $0
2022 $833 $83,250 $0 $0
2021 $833 $166,500 $30,000 $136,500
2020 $833 $166,500 $30,000 $136,500
2019 $140 $28,000 $28,000 $0
2018 $146 $28,000 $28,000 $0
2017 $146 $28,000 $28,000 $0
2016 $146 $28,000 $28,000 $0
2015 $146 $28,000 $28,000 $0
2014 $130 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352074

APN: 90510086