NOT LISTED FOR SALE

1203 Overlake Ave Forest, VA 24551

Estimated Value: $771,984 - $1,000,000

5 Beds
3.5 Baths
3,700 Sq Ft
$243/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2020

Last sale price $625,000 $169 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,010 / mo

Highlights

  • Community Lake
  • Wood Flooring
  • Screened Porch
  • Forest Elementary School Rated A-
  • Main Floor Bedroom
  • Walk-In Closet

About This Home

As of April 2020

Spectacular custom built home on over 4+acres in exclusive Ivy Lake Forest Virginia 5 bedrooms with 4 baths. For comp purposes

Last Agent to Sell the Property

Martin Donovan

Lauren Bell Real Estate, Inc. License #0225186160 Listed on: 04/26/2020

Last Buyer's Agent

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 2011

Lot Details

  • 4.1 Acre Lot
  • Landscaped

Home Design

  • Shingle Roof

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Den with Fireplace
  • Screened Porch
  • Interior and Exterior Basement Entry
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Community Lake

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 2011

Lot Details

4.1 Acres

Listing Details

  • FILLACRES: 4.1000
  • Directions: Perrowville Rd into Ivy Lake Turn right into Overlake
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 178596.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2011
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 80.000000
  • Laundryroom Dim: 10.000 x 6.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 10.000 x 8.000
  • Livingroom Len: 10.000
  • Livingroom Wid: 8.000
  • Masterbedroom Area: 374.000000
  • Master Bedroom Dim: 22.000 x 17.000
  • Masterbedroom Len: 22.000
  • Masterbedroom Wid: 17.000
  • 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: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Overlake knoll LT 11
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x15 Level: Level 2 Above Grade
  • Second Bedroom Area: 180.000000
  • Third Bedroom: 15x15 Level: Level 2 Above Grade
  • Third Bedroom Area: 225.000000
  • Fourth Bedroom: 20x10 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 200.000000
  • Fifth Bedroom: 10x8 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 80.000000
  • Above Grade Finished Sq Ft: 3700.00
  • ApplianceConvey: Dishwasher, Disposal, Range-Gas, Refrigerator
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Interior Entrance
  • Breakfast Area: 10x10 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Family Room: 25x15 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Den
  • Formal Dining: 12x15 Level: Level 1 Above Grade
  • Foyer: 8x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Security System, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 20x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x6 Level: Level 1 Above Grade
  • Living Room: 10x8 Level: Level 1 Above Grade
  • Master Bedroom: 22x17 Level: Level 1 Above Grade
  • FamilyRoom Area: 375.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 240.000000
  • Laundry Room Area: 60.000000
  • LivingRoom Area: 80.000000
  • 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: Concrete Drive, Landscaped, Screened Porch, Lake Nearby

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 3700.00
  • Zoning: res

Tax Info

  • Estimated Taxes: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2020
Closed on
Apr 19, 2020
Sold by
Lynch Reginald S and Lynch Linda J
Bought by
Phillips Kevin B and Phillips Selena M
Seller's Agent
Martin Donovan
Lauren Bell Real Estate, Inc.
Buyer's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
List Price
$629,000
Sold Price
$625,000
Premium/Discount to List
-$4,000
-0.64%
Current Estimated Value
$898,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,246
Avg. Annual Appreciation
6.19%
Original Mortgage
$510,400
Outstanding Balance
$447,300
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$450,946

Purchase Details

Closed on
Nov 22, 2011
Sold by
Bellington Builders Inc
Bought by
Lynch Reginald S and Lynch Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2011
Sold by
Lynch Reginald S
Bought by
Wellington Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2011
Sold by
Mchenry Kirstin M and Mchenry Kevin S
Bought by
Lynch Reginald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2007
Sold by
Lake Drive Properties Llc
Bought by
Mchenry Kirstin M and Mchenry Kevin S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Phillips Kevin B $625,000 Attorney
Lynch Reginald S $409,283 Stewart Title Guaranty Compa
Wellington Builders Inc $86,400 Va Title Center
Lynch Reginald S $86,400 Virginia Title Center Llc
Mchenry Kirstin M -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Phillips Kevin B $510,400
Previous Owner Lynch Reginald S $388,800
Previous Owner Wellington Builders Inc $304,000
Previous Owner Lynch Reginald S $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2020 04/27/20 Sold $625,000 -0.6% $169 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $629,000 -- $170 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $2,634 $642,400 $142,800 $499,600
2024 $2,634 $642,400 $142,800 $499,600
2023 $2,634 $321,200 $0 $0
2022 $2,399 $239,850 $0 $0
2021 $2,399 $479,700 $113,500 $366,200
2020 $2,399 $479,700 $113,500 $366,200
2019 $2,146 $479,700 $113,500 $366,200
2018 $2,431 $467,500 $108,500 $359,000
2017 $2,431 $467,500 $108,500 $359,000
2016 $2,431 $467,500 $108,500 $359,000
2015 $2,431 $467,500 $108,500 $359,000
2014 $2,379 $457,500 $98,500 $359,000
Source: Public Records

Agents Affiliated with this Home

  • Martin Donovan

    Seller's Agent in 2020

    Martin Donovan

    Lauren Bell Real Estate, Inc.

    (727) 512-1704

    77 Total Sales

    Martin Donovan
    Section Image
  • Lauren Bell

    Buyer's Agent in 2020

    Lauren Bell

    Lauren Bell Real Estate, Inc.

    (434) 382-9482

    349 Total Sales

    Lauren Bell
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324589

APN: 99C-3-11

Virginia Bedford County Forest 24551

1203 Overlake Ave, Forest, VA

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