NOT LISTED FOR SALE

1402 Colby Dr Forest, VA 24551

Estimated Value: $219,536 - $502,000

5 Beds
4.5 Baths
5,366 Sq Ft
$69/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $510,000 $95 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $2,126/month

191 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Bonus Room
  • Forest Middle School Rated A-
  • Main Floor Bedroom
  • 4-minute walk to The Flag Pole

About This Home

As of July 2013

Priced TO SELL, (under tax assessment), STUNNING, ELEGANT brick custom-built home, 1.88 ac, 6-bay garage areas (2-car attached), 4-car detached, this home is in a class by itself! Meticulously landscaped, stamped concrete porches/rear wrap-around deck (storage under front porch), backyard for pool (no septic drain fields in back). Main level boasts office (could be bedroom), formal D/R, huge main level Great Room with F/P, huge kitchen with new granite countertops, breakfast bar, new stainless steel appliances, tons of cabinets and huge walk-in pantry. Second level boasts three bedrooms (one is a suite), plus the MASTER SUITE with sitting area (and cozy F/P), huge master bath, and a dressing room for a closet, theater room with gaming nook (could add closet for another bedroom). Terrace level features another huge family room with 3rd fireplace, enormous wet bar, gameroom area, full bath, and huge unfinished storage room. Detached matching brick garage with 4 bays to envy. MUST SEE!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 01/08/2013

Re/Max 1st Olympic

Last Buyer's Agent

Ted Jordan

Realty ONE Group Leading Edge License #0225175309

Realty ONE Group Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 2002

Lot Details

  • 1.88 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 5,366 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

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

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 5 Garage Spaces | 2 Attached and 3 Detached
  • Basement Garage
  • Garage Door Opener

Location

  • Property is near a 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 1532040

Community Details

Overview

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

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 2002

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 1.8800
  • AssocFeeOptional: Required
  • BuildingOnProperty: Other
  • Directions: 460 to left at Sheetz (New London Road), then right on Somerset, right on Colby to home on left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 81893.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 1532040
  • Year Built: 2002
  • Detached Garage: 3 Car +
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 300.000000
  • Master Bedroom Dim: 20.000 x 15.000
  • Masterbedroom Len: 20.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 16.000 x 13.000
  • Other Room1 Area: 252.000000
  • Other Room1 Len: 18.000
  • Other Room2 Area: 384.000000
  • Other Room2 Len: 32.000
  • Other Room3 Area: 480.000000
  • Other Room3 Len: 32.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows, Sec 4, Lt 40 PH 40/250
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Third Bedroom: 18x14 Level: Level 2 Above Grade
  • Third Bedroom Area: 252.000000
  • Fourth Bedroom: 15x9 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 135.000000
  • Fifth Bedroom: 14x11 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 154.000000
  • Above Grade Finished Sq Ft: 3980.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Full, Garage, Interior Entrance, Walkout
  • Breakfast Area: 12x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Year Built Exception: 0
  • Family Room: 14x12 Level: Below Grade
  • Fireplace: 3 Fireplaces, Gas Log, Great Room, Master Bedroom
  • Formal Dining: 14x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 3
  • Great Room: 33x21 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Security System, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Wet Bar
  • Laundry: Dryer Connection, Laundry Room, Second Floor, Separate Laundry Rm., Washer Connections
  • Master Bedroom: 20x15 Level: Level 2 Above Grade
  • Office: 16x13 Level: Level 1 Above Grade
  • Other Room 1: 18x14 Level: Level 2 Above Grade
  • Other Room 2: 32x12 Level: Below Grade
  • Other Room 3: 32x15 Level: Below Grade
  • Additional Room 1 Description: Bonus
  • Additional Room 2 Description: Gameroom
  • Additional Room 3 Description: Family Room
  • FamilyRoom Area: 168.000000
  • GreatRoom Area: 693.000000
  • Livinggreat Room Dim: 33.000 x 21.000
  • Office Area: 208.000000
  • Est Other Room1 Dim: 18.000 x 14.000
  • Est Other Room2 Dim: 32.000 x 12.000
  • Est Other Room3 Dim: 32.000 x 15.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 40
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Garden Space, Landscaped, Storm Windows, Storm Doors, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, In Basement, Oversized, Other
  • Garage Area: 720.000000
  • Garage Dim: 30.000 x 24.000
  • GarageLen: 30.000
  • GarageWid: 24.000

Utilities

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

Schools

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

Lot Info

  • Lot Sq Ft: 5366.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2007
Sold by
Brown Betty and Brown Walter
Bought by
Burks Charles H
Current Estimated Value
$371,845
Source: Public Records

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 Buyer Sale Price Title Company
Burks Charles H -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $510,000 -10.3% $95 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
01/08/2013 01/08/13 For Sale $568,500 -- $106 / 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
2024 $595 $145,000 $45,000 $100,000
2023 $595 $72,500 $0 $0
2022 $420 $42,000 $0 $0
2021 $420 $84,000 $20,000 $64,000
2020 $420 $84,000 $20,000 $64,000
2019 $420 $84,000 $20,000 $64,000
2018 $302 $58,000 $10,000 $48,000
2017 $302 $58,000 $10,000 $48,000
2016 $302 $58,000 $10,000 $48,000
2015 $302 $58,000 $10,000 $48,000
2014 $302 $58,000 $10,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 276213

APN: 17101000