NOT LISTED FOR SALE

1305 Colby Dr Forest, VA 24551

Estimated Value: $620,000 - $663,000

5 Beds
3 Baths
3,182 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $592,800 $186 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,631/month

74 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Main Floor Bedroom
  • Forest Middle School Rated A-
  • Contemporary Architecture
  • Attic

About This Home

As of December 2023

Welcome to your dream oasis! This stunning home, offers a luxurious and comfortable lifestyle, combining modern updates with the allure of a refreshing pool. It seamlessly blends modern convenience with timeless charm, offering 5BR, main level primary, large entertaining areas and so much more! Don't miss your chance to make this dream home a reality! Call today to schedule your showing!

Last Agent to Sell the Property

Susan Smith

NextHome TwoFourFive License #0225235578 Listed on: 09/04/2023

NextHome TwoFourFive

Last Buyer's Agent

Andrew Bonner

Nolen Real Estate License #0225239581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 2021

Lot Details

  • 1.61 Acre Lot
  • Fenced Yard
  • Landscaped

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,182 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Vinyl Plank Flooring
  • Mountain Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

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
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Attic Access Panel

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

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

Additional Features

  • In Ground Pool
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 30000377

Community Details

Overview

  • Association fees include playground, tennis
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,746

Year Built

Built in 2021

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • FILLACRES: 1.6100
  • AssocFeeOptional: Required
  • Directions: 460 East, turn left on 811, right on Somerset Dr., right on Colby Dr.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 70132.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 30000377
  • Year Built: 2021
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Contemporary
  • Foyer Area: 40.000000
  • Laundryroom Dim: 7.000 x 6.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 14.000 x 16.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 0.000 x 0.000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: SOMERSET MEADOWS LT 29 SEC 3
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 121.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Fourth Bedroom: 11x13 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 143.000000
  • Fifth Bedroom: 17x17 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 289.000000
  • Above Grade Finished Sq Ft: 3182.00
  • ApplianceConvey: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range-Gas, Refrigerator, Self Cleaning Oven, Wall Oven, Washer, Wine Cooler
  • Has Attic: Access, Floored, Walk In
  • Has Basement: Slab
  • Breakfast Area: 22x18 Level: Level 1 Above Grade
  • Flooring: Vinyl Plank
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log, Leased Propane Tank, Living Room
  • Formal Dining: 13x10 Level: Level 1 Above Grade
  • Foyer: 4x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Great Room: 18x27 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Master Bed w/ Bath, Pantry, Security System, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 9x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 7x6 Level: Level 1 Above Grade
  • Master Bedroom: 14x16 Level: Level 1 Above Grade
  • GreatRoom Area: 486.000000
  • Livinggreat Room Dim: 18.000 x 27.000
  • Kitchen Area: 135.000000
  • Laundry Room Area: 42.000000
  • 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: 2
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Concrete Drive, Fenced Yard, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Golf Nearby
  • Patio: 34x13 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 190.000000
  • Garage Dim: 19.000 x 10.000
  • GarageLen: 19.000
  • GarageWid: 10.000

Utilities

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

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Playground, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 460.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 3182.00

Tax Info

  • Estimated Taxes: 1746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Nov 27, 2023
Sold by
Best Giradeau Dwayne and Desha Johnson
Bought by
Paris Robert W and Paris Brooke B
Seller's Agent
Susan Smith
NextHome TwoFourFive
Buyer's Agent
Andrew Bonner
Nolen Real Estate
List Price
$624,999
Sold Price
$592,800
Premium/Discount to List
-$32,199
-5.15%
Views
102
Current Estimated Value
$646,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,535
Avg. Annual Appreciation
4.95%
Original Mortgage
$554,494
Outstanding Balance
$545,739
Interest Rate
7.76%
Mortgage Type
VA
Estimated Equity
$100,596

Purchase Details

Listed on
Jan 22, 2021
Closed on
Jan 6, 2021
Sold by
Equity Enterprises 1984 Llc
Bought by
Best Girardeau Dwayne and Best Desha Johnson
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Susan Smith
NextHome TwoFourFive
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.86%
Original Mortgage
$447,700
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2015
Sold by
Francis Malcolm David and Francis Susan Elizabeth
Bought by
Patterson John E and Patterson Cynthia D

Purchase Details

Closed on
Apr 20, 2011
Sold by
Somerset Farms Llc
Bought by
Francis Malcolm David and Francis Susan Elizabeth
Source: Public Records

Range of Values:

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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
Paris Robert W $592,800 Reliance Title
Best Girardeau Dwayne $440,000 First American Title
Patterson John E $39,000 Attorney
Francis Malcolm David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paris Robert W $554,494
Previous Owner Best Girardeau Dwayne $447,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $592,800 0.0% $186 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/09/2023 11/09/23 Off Market $592,800 -- --
10/17/2023 10/17/23 Price Changed $599,900 -1.7% $189 / Sq Ft
09/19/2023 09/19/23 Price Changed $609,999 -2.4% $192 / Sq Ft
09/04/2023 09/04/23 For Sale $624,999 +42.0% $196 / Sq Ft
01/22/2021 01/22/21 Sold $440,000 0.0% $150 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $440,000 -- $150 / 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 $1,989 $485,200 $56,000 $429,200
2024 $1,989 $485,200 $56,000 $429,200
2023 $1,989 $242,600 $0 $0
2022 $1,746 $174,550 $0 $0
2021 $1,746 $349,100 $48,000 $301,100
2020 $220 $44,000 $44,000 $0
2019 $220 $44,000 $44,000 $0
2018 $208 $40,000 $40,000 $0
2017 $208 $40,000 $40,000 $0
2016 $208 $40,000 $40,000 $0
2015 $208 $40,000 $40,000 $0
2014 $208 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 347946

APN: 153-15-29