NOT LISTED FOR SALE

1349 Colby Dr Forest, VA 24551

Estimated Value: $598,642 - $716,000

4 Beds
3.5 Baths
3,082 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $387,900 $126 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,616/month

98 Days on Market

Highlights

  • Wood Flooring
  • Great Room with Fireplace
  • Formal Dining Room
  • Whirlpool Bathtub
  • Tennis Courts
  • 5-minute walk to The Flag Pole

About This Home

As of December 2019

Somerset Meadows! Brick 2 story home with open floor plan. Hardwood floors throughout main level, 9 foot ceilings, 2 oversized car garage, large deck, flat 1.6 acre yard, Move- in condition. 30 x 14 Master suite with jetted tub and ceramic tiled shower. Neighborhood tennis courts and play ground. Close to London Downs Golf Course, 30 minutes from Smith Mountain Lake. Freshly painted, New appliances, one new air-condenser of dual zone system. Fireplace with gas logs, a second large suite and upstairs laundry room. Unfinished basement with roughed in bathroom. Paved, just resealed driveway. Beautifully landscaped and maintained. Make your appointment to see this home today.

Last Agent to Sell the Property

Flor Midkiff

John Stewart Walker, Inc License #0225220972 Listed on: 07/16/2019

Last Buyer's Agent

Greg Lucado

NextHome TwoFourFive License #0225221427

NextHome TwoFourFive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2006

Lot Details

  • 1.61 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3,082 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener

Location

  • Property is near golf course

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1532030

Community Details

Overview

  • Association fees include playground, tennis
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 2006

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 1.6100
  • Directions: Rt 460 to New London Rd. Right on Somerset Dr. to right turn on Colby Dr. Home on right
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 70132.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 1532030
  • Year Built: 2006
  • Heating System: Heat Pump, Hot Water-Elec, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 182.000000
  • Laundryroom Dim: 7.000 x 5.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 14.000 x 14.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 420.000000
  • Master Bedroom Dim: 30.000 x 14.000
  • Masterbedroom Len: 30.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows, Sec 4, Lot 30
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 182.000000
  • Third Bedroom: 13x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 143.000000
  • Fourth Bedroom: 18x18 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 324.000000
  • Above Grade Finished Sq Ft: 3082.00
  • ApplianceConvey: Cooktop, Dishwasher, Dryer, Microwave, Range-Elec, Self Cleaning Oven, Washer
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Roughed in Bath, Walkout
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Deck: 12x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 14x14 Level: Level 1 Above Grade
  • Foyer: 14x13 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 3
  • Great Room: 17x15 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 22x16 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Second Floor
  • Laundry Room: 7x5 Level: Level 2 Above Grade
  • Living Room: 14x14 Level: Level 1 Above Grade
  • Master Bedroom: 30x14 Level: Level 2 Above Grade
  • GreatRoom Area: 255.000000
  • Livinggreat Room Dim: 17.000 x 15.000
  • Kitchen Area: 352.000000
  • Laundry Room Area: 35.000000
  • LivingRoom Area: 196.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 528.000000
  • Garage Dim: 22.000 x 24.000
  • GarageLen: 22.000
  • GarageWid: 24.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Playground, Tennis
  • 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

  • Lot Sq Ft: 3082.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Nov 18, 2019
Sold by
Gilbert Thomas W and Gilbert Janette M
Bought by
Lucado Greg and Lucado Lanette
Seller's Agent
Flor Midkiff
John Stewart Walker, Inc
Buyer's Agent
Greg Lucado
NextHome TwoFourFive
List Price
$409,000
Sold Price
$387,900
Premium/Discount to List
-$21,100
-5.16%
Current Estimated Value
$647,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,761
Avg. Annual Appreciation
8.69%
Original Mortgage
$368,505
Outstanding Balance
$324,190
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$323,472

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 23, 2015
Sold by
Francis Malcolm D and Francis Susan E
Bought by
Gilbert Thomas W and Gilbert Janette M
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Teresa Khanna
T.Y. Realty Incorporated
List Price
$344,900
Sold Price
$343,500
Premium/Discount to List
-$1,400
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$309,150
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2007
Sold by
Wellington Builders Inc
Bought by
Francis Malcolm D and Francis Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2006
Sold by
Somerset Farms Llc
Bought by
Selz Bryan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.58%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lucado Greg $387,900 Commonwealth Title & Stlmnt
Gilbert Thomas W $343,500 Central Virginia Stlmnt Svcs
Francis Malcolm D -- None Available
Selz Bryan K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucado Greg $368,505
Previous Owner Gilbert Thomas W $309,150
Previous Owner Francis Malcolm D $361,000
Previous Owner Selz Bryan K $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2019 12/02/19 Sold $387,900 -5.2% $126 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $409,000 +19.1% $133 / Sq Ft
04/30/2015 04/30/15 Sold $343,500 -0.4% $115 / Sq Ft View Prior Sale
04/27/2015 04/27/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $344,900 -- $115 / 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 $1,939 $472,900 $63,000 $409,900
2024 $1,939 $472,900 $63,000 $409,900
2023 $1,939 $236,450 $0 $0
2022 $1,759 $175,850 $0 $0
2021 $1,759 $351,700 $54,000 $297,700
2020 $1,759 $351,700 $54,000 $297,700
2019 $1,759 $351,700 $54,000 $297,700
2018 $1,787 $343,600 $49,500 $294,100
2017 $1,787 $343,600 $49,500 $294,100
2016 $1,787 $343,600 $49,500 $294,100
2015 $1,787 $343,600 $49,500 $294,100
2014 $1,821 $350,100 $50,000 $300,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 319793

APN: 153-20-30