NOT LISTED FOR SALE

1370 Somerset Dr Forest, VA 24551

Estimated Value: $575,000 - $662,000

4 Beds
3 Baths
3,035 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 1370 Somerset Dr, Forest, VA 24551 and is currently estimated at $613,906, approximately $202 per square foot. 1370 Somerset Dr is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2005
Sold by
Demonte Enterprises Inc
Bought by
Adamczak Brian L and Adamczak Andrea R
Current Estimated Value
$613,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
Somerset Farms Llc
Bought by
Demonte Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
5.75%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Adamczak Brian L -- None Available
Demonte Enterprises Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adamczak Brian L $306,701
Closed Adamczak Brian L $335,000
Closed Adamczak Brian L $28,500
Closed Adamczak Brian L $364,000
Closed Adamczak Brian $45,000
Closed Adamczak Brian L $337,500
Previous Owner Demonte Enterprises Inc $159,000
Source: Public Records

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
2024 $1,975 $481,800 $65,000 $416,800
2023 $1,975 $240,900 $0 $0
2022 $1,840 $184,000 $0 $0
2021 $1,840 $368,000 $55,000 $313,000
2020 $1,840 $368,000 $55,000 $313,000
2019 $1,840 $368,000 $55,000 $313,000
2018 $2,150 $413,400 $55,000 $358,400
2017 $2,150 $413,400 $55,000 $358,400
2016 $2,150 $413,400 $55,000 $358,400
2015 $2,150 $413,400 $55,000 $358,400
2014 $2,108 $405,400 $55,000 $350,400
Source: Public Records

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