NOT LISTED FOR SALE

1220 Commonwealth Cir Forest, VA 24551

Estimated Value: $291,000 - $315,000

3 Beds
2.5 Baths
1,543 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 11, 2020

Last sale price $224,900 $146 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,787/month

2 Days on Market

Highlights

  • Property is near clubhouse
  • Community Pool
  • En-Suite Primary Bedroom
  • Forest Elementary School Rated A-
  • Workshop
  • Ceramic Tile Flooring

About This Home

As of May 2020

RARE FIND!! Open House Sunday March 8th 2:00 - 4:00 pm. Finally a town home in Farmington with a basement for under $225K! This gorgeous 3 bedroom, 2.5 bath home is spacious and full of natural light. Open floor plan, beautiful kitchen with granite counter tops, tile back splash stainless appliances and huge pantry. Large master suite with double vanities and large walk in closet, plus two additional bedrooms and a second full bath upstairs. The unfinished basement is large and has plenty of room for storage or additional finished space if you choose. It is plumbed for a bathroom. Enjoy your morning coffee or afternoon beverages on the private back deck with steps leading down to a large concrete patio. Do not miss this RARE opportunity.

Last Agent to Sell the Property

Jeffrey Sims

Legacy Realty License #0225215227 Listed on: 03/05/2020

Last Buyer's Agent

William Winston

Coldwell Banker Commercial Rea License #0225080900

Coldwell Banker Commercial Rea

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $965

Year Built

  • Built in 2018

Lot Details

  • 2,178 Sq Ft Lot
  • Landscaped

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,543 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Workshop
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Location

  • Property is near clubhouse

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

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

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$965

Year Built

Built in 2018

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • FILLACRES: 0.0500
  • AssocFeeOptional: Required
  • Directions: Commonwealth Circle in Farmington
  • Lot Measurement: Acres
  • Lot Sq Ft: 2178.00
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2018
  • Heating System: Heat Pump
  • Building Stories: Two
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 12.000 x 14.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: FARMINGTON AT FOREST SEC 13 LT 59 PB 50/313
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 10x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 10x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 120.000000
  • Above Grade Finished Sq Ft: 1543.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Full, Walkout
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Deck: 10x10 Level: Level 1 Above Grade
  • Formal Dining: 10x14 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 21x14 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Main Level Den, Master Bed w/ Bath, Tile Bath(s), Workshop
  • Dining Kitchen: 12x14 Level: Level 1 Above Grade
  • Laundry: Basement
  • Master Bedroom: 12x14 Level: Level 2 Above Grade
  • Porch: 10x10 Level: Below Grade
  • GreatRoom Area: 294.000000
  • Livinggreat Room Dim: 21.000 x 14.000
  • Kitchen Area: 168.000000
  • 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: Pool Nearby, Landscaped, Club House Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Club House, Exterior Maintenance, Grounds Maintenance, Neighborhood Lights, Parking, Road Maintenance, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 108.00

Schools

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

Lot Info

  • Lot Sq Ft: 1543.00

Tax Info

  • Estimated Taxes: 965

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Gill Lexine R
Bought by
Carter John R and Carter Courtney R
Current Estimated Value
$303,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,900
Outstanding Balance
$183,609
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$119,985

Purchase Details

Listed on
Mar 23, 2018
Closed on
Jul 27, 2018
Sold by
Irish Enterprises Llc
Bought by
Hancock Michael Ray and Hancock Mckenzi Montague
Seller's Agent
Tina Friar
Keller Williams
Buyer's Agent
Jason Batton
Keller Williams
List Price
$192,900
Sold Price
$193,900
Premium/Discount to List
$1,000
0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$200,195
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Carter John R $224,900 Old Republic National Title
Hancock Michael Ray $193,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter John R $188,900
Previous Owner Hancock Michael Ray $200,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2020 05/11/20 Sold $224,900 0.0% $146 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $224,900 +16.0% $146 / Sq Ft
07/27/2018 07/27/18 Sold $193,900 +0.5% $126 / Sq Ft View Prior Sale
06/22/2018 06/22/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $192,900 -- $125 / 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
2025 $1,109 $270,400 $35,000 $235,400
2024 $1,109 $270,400 $35,000 $235,400
2023 $1,109 $135,200 $0 $0
2022 $942 $94,200 $0 $0
2021 $942 $188,400 $30,000 $158,400
2020 $942 $188,400 $30,000 $158,400
2019 $942 $188,400 $30,000 $158,400
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

  • Jeffrey Sims

    Seller's Agent in 2020

    Jeffrey Sims

    Legacy Realty

    (434) 258-4751

    41 in this area

    194 Total Sales

    Jeffrey Sims
    Section Image
  • William Winston

    Buyer's Agent in 2020

    William Winston

    Coldwell Banker Commercial Rea

    (434) 944-3508

    1 Total Sale

    William Winston
    Section Image
  • Tina Friar

    Seller's Agent in 2018

    Tina Friar

    Keller Williams

    (434) 660-6020

    66 in this area

    199 Total Sales

    Tina Friar
    Section Image

  • J

    Buyer's Agent in 2018

    Jason Batton

    Keller Williams

  • Teresa Grant

    Buyer Co-Listing Agent in 2018

    Teresa Grant

    Keller Williams

    (434) 546-3202

    16 in this area

    275 Total Sales

    Teresa Grant
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 323667

APN: 99-22-59

Virginia Bedford County Forest 24551

1220 Commonwealth Cir, Forest, VA

Not Listed for Sale

Townhouses

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