NOT LISTED FOR SALE

1263 Somerset Dr Forest, VA 24551

Estimated Value: $429,000 - $539,000

3 Beds
2.5 Baths
2,107 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $450,000 $214 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,779/month

14 Days on Market

Highlights

  • Walk-In Tub
  • Formal Dining Room
  • Walk-In Closet
  • Tennis Courts
  • Skylights
  • Laundry Room

About This Home

As of August 2024

Main Level Living! Huge Family Kitchen with Island and Bay Window Breakfast Area! Formal Dining and adjacent Great Room perfect layout for entertaining family and friends. Enjoy your mornings or evenings admiring your spring blooms in the pleasant Sunroom. Master Bedroom Suite with Remodeled Enormous Bathroom with huge shower and custom tub. Newer HVAC! All you need...Location, Floorplan, just add your style and decor. If Easy Living is what you are looking for...Welcome Home!

Last Agent to Sell the Property

Chris Johnson

Long & Foster-Forest License #0225191124 Listed on: 06/17/2024

Last Buyer's Agent

Meredith Ford

OUT OF AREA BROKER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 2003

Lot Details

  • 0.76 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,107 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Walk-In Tub
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level

Location

  • Property is near golf course

Schools

  • New London Academy Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15301940

Community Details

Overview

  • Association fees include neighborhood lights, playground, tennis
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 2003

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: 460 to 811/Thomas Jefferson, right onto Somerset Drive, home on the right.
  • Internet Providers: Shentel
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 2003
  • Garage Yn: No
  • Foyer Area: 45.000000
  • Property Sub-Type: Single Family Residence
  • Subdivision Name: Somerset Meadows
  • Above Grade Finished Sq Ft: 2107.00
  • Reso Accessibility Features: Walk-In Tub
  • Architectural Style: Ranch
  • Laundryroom Dim: 8.000 x 5.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 8.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access
  • Has Basement: Slab
  • Breakfast Area: 13x7 Level: Level 1 Above Grade
  • Flooring: Tile, Vinyl Plank
  • Family Room: 19x13 Level: Level 1 Above Grade
  • Formal Dining: 15x11 Level: Level 1 Above Grade
  • Foyer: 9x5 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Main Level Bedroom, Primary Bed w/Bath, Separate Dining Room, Skylights, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level, Separate Laundry Rm.
  • Laundry Room: 8x5 Level: Level 1 Above Grade
  • Master Bedroom: 16x13 Level: Level 1 Above Grade
  • Porch: 29x12 Level: Level 1 Above Grade
  • Sun Room: 16x11 Level: Level 1 Above Grade
  • Appliances: Cooktop, Microwave, Range-Elec
  • Half Bathrooms: 1
  • Stories: One
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom: 12x10 Level: Level 1 Above Grade
  • Room Family Room Area: 247.000000
  • Room Bedroom3 Area: 110.000000
  • Room Master Bedroom Area: 208.000000
  • Room Kitchen Area: 156.000000
  • Room Bedroom2 Area: 120.000000
  • MasterBedroomDimensions Dim: 16.000 x 13.000
  • Kitchen Dim: 13.000 x 12.000
  • Sunroom Dim: 16.000 x 11.000
  • Master Bedroom Master Bedroom Width: 13.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Golf Nearby
  • Patio: 20x8 Level: Level 1 Above Grade

Garage/Parking

  • Garage Area: 638.000000
  • Garage Dim: 22.000 x 29.000
  • GarageLen: 22.000
  • GarageWid: 29.000

Utilities

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

Condo/Co-op/Association

  • Association Fee: 460.00
  • Association Fee Frequency: Yearly

Fee Information

  • Association Fee Includes: Neighborhood Lights, Playground, Tennis

Schools

  • Elementary School: New London Academy
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Acres: 0.7600
  • Lot Size Sq Ft: 33106.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 15301940
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 1550

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Aug 1, 2024
Sold by
Lee W Williams & Diana C Williams Trust and Williams Diana
Bought by
Bosiger Barry W
Seller's Agent
Chris Johnson
Long & Foster-Forest
Buyer's Agent
Meredith Ford
OUT OF AREA BROKER
List Price
$485,000
Sold Price
$450,000
Premium/Discount to List
-$35,000
-7.22%
Views
37
Current Estimated Value
$499,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,431
Avg. Annual Appreciation
5.67%

Purchase Details

Listed on
Jun 3, 2016
Closed on
Jul 1, 2016
Sold by
Hood Kayla
Bought by
Williams Lee E and Williams Diana C
Seller's Agent
Jeffrey Sims
Legacy Realty
Buyer's Agent
Thomas Wolcott
NextHome TwoFourFive
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$299,900
Interest Rate
3.56%
Mortgage Type
VA
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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Purchase History

Date Buyer Sale Price Title Company
Bosiger Barry W $450,000 Sage Title
Williams Lee E $299,900 Reliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Lee E $299,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2024 08/05/24 Sold $450,000 -7.2% $214 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $485,000 +61.7% $230 / Sq Ft
07/29/2016 07/29/16 Sold $299,900 0.0% $142 / Sq Ft View Prior Sale
07/09/2016 07/09/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $299,900 -- $142 / 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 $1,550 $378,100 $70,000 $308,100
2024 $1,550 $378,100 $70,000 $308,100
2023 $1,550 $189,050 $0 $0
2022 $1,519 $151,850 $0 $0
2021 $1,519 $303,700 $60,000 $243,700
2020 $1,519 $303,700 $60,000 $243,700
2019 $1,519 $303,700 $60,000 $243,700
2018 $1,571 $302,100 $55,000 $247,100
2017 $1,571 $302,100 $55,000 $247,100
2016 $1,571 $302,100 $55,000 $247,100
2015 $1,571 $302,100 $55,000 $247,100
2014 $1,597 $307,200 $55,000 $252,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 352987

APN: 153-17-11