NOT LISTED FOR SALE

1231 Madison Mountain Ln Forest, VA 24551

Estimated Value: $498,000 - $514,462

3 Beds
2.5 Baths
2,026 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $312,360 $154 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,838/month

148 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Laundry Room
  • Forest Middle School Rated A-
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of August 2018

Beautiful new construction home with 3 bedrooms and 2.5 baths. Wonderful open floor plan, hardwood floors, two-story foyer, a fireplace in the great room, and an abundance of light. Beautiful granite counters and stainless steel appliances adorn the kitchen. Enjoy entertaining on the 12x14 deck just off the kitchen. Head upstairs to the master suite and two more bedrooms. The master bedroom features a tray ceiling and walk-in closet. Use the current plan or bring your own to build the home of your dreams.

Last Agent to Sell the Property

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 12/19/2017

Last Buyer's Agent

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 12/19/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 2018

Lot Details

  • 0.47 Acre Lot
  • Property is zoned R1

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 2,026 Sq Ft Home
  • 2-Story Property
  • Great Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Schools

  • New London Academy 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

  • London Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 153-31-25

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 2018

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • FILLACRES: 0.4700
  • Directions: From U.S. 460 West: Turn Left onto Bethel Church Rd/Rt 711, Right into London Meadows.
  • Lot Measurement: Acres
  • Lot Sq Ft: 20473.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 153-31-25
  • Year Built: 2018
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 96.000000
  • Laundryroom Dim: 5.000 x 6.000
  • Laundryroom Len: 5.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 238.000000
  • Master Bedroom Dim: 17.000 x 14.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 14.000
  • 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: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Lot 25 Phase II London Meadows
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 120.000000
  • Third Bedroom: 13x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 143.000000
  • Above Grade Finished Sq Ft: 2026.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Pull Down
  • Has Basement: Full, Roughed in Bath
  • Breakfast Area: 10x11 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 12x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Great Room
  • Formal Dining: 10x13 Level: Level 1 Above Grade
  • Foyer: 8x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 13x9 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Master Bed w/ Bath, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 9x11 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Second Floor
  • Laundry Room: 5x6 Level: Level 2 Above Grade
  • Master Bedroom: 17x14 Level: Level 2 Above Grade
  • GreatRoom Area: 117.000000
  • Livinggreat Room Dim: 13.000 x 9.000
  • Kitchen Area: 99.000000
  • Laundry Room Area: 30.000000
  • 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: 25
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 440.000000
  • Garage Dim: 20.000 x 22.000
  • GarageLen: 20.000
  • GarageWid: 22.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 150.00
  • Subdivision Complex: London Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 2026.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2017
Closed on
Aug 7, 2018
Sold by
Corell Kevin S
Bought by
West Derrick L and West Diandra V
Seller's Agent
Jimmy Miller
John Stewart Walker, Inc
Buyer's Agent
Jimmy Miller
John Stewart Walker, Inc
List Price
$293,500
Sold Price
$312,360
Premium/Discount to List
$18,860
6.43%
Current Estimated Value
$507,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,256
Avg. Annual Appreciation
6.96%
Original Mortgage
$299,669
Outstanding Balance
$260,250
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$247,366
Source: Public Records

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 Buyer Sale Price Title Company
West Derrick L $312,360 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Derrick L $299,669
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $312,360 +6.4% $154 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
12/19/2017 12/19/17 For Sale $293,500 -- $145 / 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 $1,938 $472,800 $73,000 $399,800
2024 $1,938 $472,800 $73,000 $399,800
2023 $1,938 $236,400 $0 $0
2022 $1,718 $171,750 $0 $0
2021 $1,718 $343,500 $58,000 $285,500
2020 $1,718 $343,500 $58,000 $285,500
2019 $1,718 $343,500 $58,000 $285,500
2018 $156 $30,000 $30,000 $0
2017 $156 $30,000 $30,000 $0
2016 $156 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Miller

    Seller's Agent in 2018

    Jimmy Miller

    John Stewart Walker, Inc

    (434) 942-8547

    162 Total Sales

    Jimmy Miller
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 309038

APN: 153-31-25

Virginia Bedford County Forest 24551

1231 Madison Mountain Ln, Forest, VA

This home is located at 1231 Madison Mountain Ln, Forest, VA 24551 since 19 December 2017 and is currently estimated at $507,616, approximately $250 per square foot. This property was built in 2018. 1231 Madison Mountain Ln 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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