NOT LISTED FOR SALE

131 Shasta Ln Forest, VA 24551

Estimated Value: $763,059 - $806,000

0.99 Acre
$794,207 Price per Acre
43,124 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $40,000 $1 Per Sq Ft

Est. 1,866% increase in value since last sale

Current estimated payment $4,294/month

204 Days on Market

About This Lot

As of December 2018

Gently sloped front to rear with county water available. Site needs pumped septic, 3 bedrooms only.

Last Agent to Sell the Property

Brian Bowne

Long & Foster-Forest License #0225192746 Listed on: 05/16/2018

Last Buyer's Agent

Bobbie Dickinson

Long & Foster-Forest License #0225049847

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 0.99

HOA Fees

  • $17 Monthly HOA Fees

Schools

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

Additional Features

  • 0.99 Acre Lot
  • Underground Utilities

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 17100002

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0.99 Acres

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.9900
  • BuildingOnProperty: None
  • Directions: from US 460 go south on Rt 811 (Thom.Jeff.Rd)to T/R Somerset Dr, then immediate T/L Shasta Ln. Lot is on your left
  • Lot Measurement: Acres
  • Lot Sq Ft: 43124.00
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed, No Horses Allowed, No Livestock Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 17100002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Accessible Transportation: Air 5-10 Miles, U.S. Highway
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows Lot 131 Sec 1
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Street Number Modifier: Lot

Exterior Features

  • Lot Number: 131
  • Road Frontage: 110.00

Utilities

  • Utilities: Cntrl Water Availabl, ElectricityAvailable, Preliminary Soil Wk, Underground Electric, Utility Easement
  • Utility Electric: American Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Neighborhood Lights, Playground
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Best Use: Dvlp to Residential
  • Current Use: Residential, Unimproved

Tax Info

  • Estimated Taxes: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2021
Sold by
Mullin Carolyn L and Mattoon Donald L
Bought by
Taylor Lisa K
Current Estimated Value
$786,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$204,234
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$582,031

Purchase Details

Closed on
Jan 21, 2021
Sold by
Quickel Gregory L and Quickel Berry H
Bought by
Mullin Carolyn L and Mattoon Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2018
Closed on
Dec 21, 2018
Sold by
Colmore Leonard A and Colmore Hazel M
Bought by
Quickel Gregory L and Quickel Berry H
Seller's Agent
Brian Bowne
Long & Foster-Forest
Buyer's Agent
Bobbie Dickinson
Long & Foster-Forest
List Price
$50,000
Sold Price
$40,000
Premium/Discount to List
-$10,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Taylor Lisa K $635,000 Attorney
Mullin Carolyn L $570,000 None Listed On Document
Quickel Gregory L $40,000 Sage Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Lisa K $275,000
Previous Owner Mullin Carolyn L $513,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $40,000 -20.0% $1 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $50,000 -- $1 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $2,724 $664,500 $70,000 $594,500
2024 $2,724 $664,500 $70,000 $594,500
2023 $2,724 $332,250 $0 $0
2022 $2,673 $267,250 $0 $0
2021 $2,673 $534,500 $60,000 $474,500
2020 $2,673 $534,500 $60,000 $474,500
2019 $250 $50,000 $50,000 $0
2018 $260 $50,000 $50,000 $0
2017 $260 $50,000 $50,000 $0
2016 $260 $50,000 $50,000 $0
2015 $260 $50,000 $50,000 $0
2014 $260 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Bowne

    Long & Foster-Forest

    Section Image

  • B

    Buyer's Agent in 2018

    Bobbie Dickinson

    Long & Foster-Forest

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 311922

APN: 171-13-131

Virginia Bedford County Forest 24551

131 Shasta Ln, Forest, VA

Not Listed for Sale

Lots

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