$299,900
SOLD JUL 29, 2016

1263 Somerset Dr Forest, VA 24551

3 Beds
2.5 Baths
2,107 Sq Ft
0.76 Acres

Recently Sold

$142 Per Sq Ft

36 Days on Market

Highlights

  • Community Lake
  • Property is near a clubhouse
  • Secluded Lot
  • Forest Middle School Rated A-
  • Contemporary Architecture
  • Community Pool

About This Home

As of August 2024

Here is the house everyone is looking for! MAIN-LEVEL LIVING, open floor plan, in prestigious Somerset Meadows in Forest for under 300K...WOW! First time on the market for this gorgeous, well kept, low maintenance home. This bright 3 bedroom, 2.5 bath contemporary plan is spacious, move-in ready and handicap accessible for later years! Large kitchen with lots of windows throughout. Nice flat lot with very private back yard. Beautiful sunroom leads out to a large covered patio. Over-sized garage with high-quality rubber flooring protection. This home will sell quickly as it is priced under tax assessment.

Last Agent to Sell the Property

Jeffrey Sims

Legacy Realty and Development License #0225215227 Listed on: 06/03/2016

Co-Listed By

Cary Sims

Legacy Realty and Development License #0225202019

Last Buyer's Agent

Thomas Wolcott

NextHome TwoFourFive License #0225104143

NextHome TwoFourFive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 2003

Lot Details

  • 0.76 Acre Lot
  • Landscaped
  • Secluded Lot
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,107 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Attic Access Panel
  • Home Security System
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub Includes Tile Surround
  • Garden Bath

Accessible Home Design

  • Handicap Shower
  • Grab Bars
  • Accessible Doors

Location

  • Property is near a clubhouse

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,600

Year Built

Built in 2003

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.7600
  • Directions: 811 Thomas Jefferson to Somerset Drive in New London area.
  • Lot Measurement: Acres
  • Lot Sq Ft: 33106.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2003
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Contemporary
  • Foyer Area: 100.000000
  • Laundryroom Dim: 8.000 x 5.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 288.000000
  • Master Bedroom Dim: 18.000 x 16.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 16.000
  • 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
  • Disability Features: Door(s), Grab Bar(s), Shower
  • High School2: Jefferson Forest-HS
  • Legal Description: SOMERSET MEADOWS LT 11 SEC II PB 36/267
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 169.000000
  • Third Bedroom: 13x13 Level: Level 1 Above Grade
  • Third Bedroom Area: 169.000000
  • Above Grade Finished Sq Ft: 2107.00
  • ApplianceConvey: Cooktop, Disposal, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Slab
  • Breakfast Area: 13x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Family Room: 22x155 Level: Level 1 Above Grade
  • Formal Dining: 22x13 Level: Level 1 Above Grade
  • Foyer: 10x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Tile Bath(s), Garden Tub, Main Level Bedroom, Security System, Walk-In Closet(s)
  • Dining Kitchen: 15x13 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 8x5 Level: Level 1 Above Grade
  • Master Bedroom: 18x16 Level: Level 1 Above Grade
  • Sun Room: 16x12 Level: Level 1 Above Grade
  • FamilyRoom Area: 3410.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 195.000000
  • Laundry Room Area: 40.000000
  • 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
  • Sun Room Area: 192.000000
  • Sunroom Dim: 16.000 x 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Garden Space, Landscaped, Secluded Lot, Tennis Courts Nearby, Lake Nearby, Club House Nearby
  • Patio: 24x10 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00

Schools

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

Lot Info

  • Lot Sq Ft: 2107.00

Tax Info

  • Estimated Taxes: 1600

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
$469,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,848
Avg. Annual Appreciation
2.80%

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 and Development
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

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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 Type Sale Price Title Company
Deed $450,000 Sage Title
Warranty Deed $299,900 Reliance Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $299,900 VA
Previous Owner $226,500 New Conventional
Previous Owner $265,500 VA
Previous Owner $284,700 VA
Previous Owner $290,700 New Conventional
Previous Owner $291,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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: 299063

APN: 153-17-11