NOT LISTED FOR SALE

1470 Colby Dr Forest, VA 24551

Estimated Value: $998,000 - $1,181,306

5 Beds
4.5 Baths
6,688 Sq Ft
$164/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $799,900 $120 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,616/month

37 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Whirlpool Bathtub
  • Multiple Fireplaces
  • Wood Flooring
  • 3-minute walk to The Flag Pole

About This Home

As of September 2016

Luxurious one-of-a-kind modern ranch home w/personal touches & custom features throughout. Almost 4000 sf on main level & almost 3000 more on terrace level! Soaring ceilings, oversized windows, majestic columns, full media accent lighting, & custom railings. Open & spacious floor plan includes center gourmet kitchen w/granite countertops open to huge breakfast area & hearth room. Formal dining & living rooms open off foyer. Master suite features see-through fireplace, sitting area, huge walk-in closet, elegant bathroom, & balcony entrance. 2 more BRs w/their own baths & walk-in closets on main level. 4-car garage, full-length balcony overlooking pool, & private laundry room complete main level. Terrace level is perfect for entertaining large groups. Includes full kitchen w/granite & counter bar, open media room, exercise room, billiard room w/rock fireplace, & 2 more BRs. Outside features gunite pool, wrought iron fence, built-in gourmet grill, & 750 sf detached garage.

Last Agent to Sell the Property

Ellissa Bowen

Mark A. Dalton & Co., Inc. License #0225213125 Listed on: 07/04/2016

Co-Listed By

Tommy DeWitt

DeWitt Real Estate & Auctions License #0225033016

Last Buyer's Agent

Twila Wyatt

Virginia Homes & Land Realty License #0225183085

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 2003

Lot Details

  • 2.64 Acre Lot
  • Landscaped

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 6,688 Sq Ft Home
  • Central Vacuum
  • Wired For Sound
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Formal Dining Room
  • Game Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Parking

  • 2 Car Detached Garage
  • Driveway

Pool

  • In Ground Pool

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
  • Satellite Dish
  • Cable TV Available

Community Details

  • Association fees include playground, tennis
  • Somerset Subdivision

Listing and Financial Details

  • Assessor Parcel Number 153-20-38

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,500

Year Built

Built in 2003

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 2.6400
  • AssocFeeOptional: Required
  • BuildingOnProperty: Other
  • Directions: 460 to New London Road (Rt. 811), Right into Somerset, Right on Colby Drive, Home on Left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 114998.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 153-20-38
  • Year Built: 2003
  • Detached Garage: 2 Car
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Three-Zone or more
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 44.000
  • Officeden Wid: 23.000
  • Foyer Area: 160.000000
  • Laundryroom Dim: 8.000 x 7.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 19.000 x 19.000
  • Livingroom Len: 19.000
  • Livingroom Wid: 19.000
  • Masterbedroom Area: 520.000000
  • Master Bedroom Dim: 26.000 x 20.000
  • Masterbedroom Len: 26.000
  • Masterbedroom Wid: 20.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 400.000000
  • Other Room1 Len: 16.000
  • Other Room2 Area: 168.000000
  • Other Room2 Len: 14.000
  • Other Room3 Area: 160.000000
  • Other Room3 Len: 16.000
  • 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
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 17x16 Level: Level 1 Above Grade
  • Second Bedroom Area: 272.000000
  • Third Bedroom: 15x14 Level: Level 1 Above Grade
  • Third Bedroom Area: 210.000000
  • Fourth Bedroom: 15x14 Level: Below Grade
  • Fourth Bedroom Area: 210.000000
  • Fifth Bedroom: 15x15 Level: Below Grade
  • Fifth Bedroom Area: 225.000000
  • Above Grade Finished Sq Ft: 3888.00
  • ApplianceConvey: Cooktop, Dishwasher, Microwave, Refrigerator, Wall Oven
  • Has Attic: Floored, Pull Down
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance, Walkout
  • Breakfast Area: 17x16 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Den: 44x23 Level: Below Grade
  • Family Room: 26x17 Level: Level 1 Above Grade
  • Fireplace: 3 Fireplaces, Gas Log
  • Formal Dining: 15x15 Level: Level 1 Above Grade
  • Foyer: 16x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 3
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Multi Media Wired, Separate Dining Room, Vacuum System, Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 17x16 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 8x7 Level: Level 1 Above Grade
  • Living Room: 19x19 Level: Level 1 Above Grade
  • Master Bedroom: 26x20 Level: Level 1 Above Grade
  • Other Room 1: 16x25 Level: Below Grade
  • Other Room 2: 14x12 Level: Below Grade
  • Other Room 3: 16x10 Level: Below Grade
  • Additional Room 1 Description: Billard
  • Additional Room 2 Description: Exercise
  • Additional Room 3 Description: Kitchen
  • Den Area: 1012.000000
  • FamilyRoom Area: 442.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 272.000000
  • Laundry Room Area: 56.000000
  • LivingRoom Area: 361.000000
  • Est Other Room1 Dim: 16.000 x 25.000
  • Est Other Room2 Dim: 14.000 x 12.000
  • Est Other Room3 Dim: 16.000 x 10.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Concrete Drive, Landscaped, Satellite Dish, Undergrnd Utilities

Garage/Parking

  • Garage Area: 984.000000
  • Garage Dim: 41.000 x 24.000
  • GarageLen: 41.000
  • GarageWid: 24.000

Utilities

  • Air Conditioner: Heat Pump, Three-Zone or More
  • 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

Schools

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

Lot Info

  • Lot Sq Ft: 6688.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 4500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2016
Closed on
Aug 15, 2016
Sold by
The Terry P Dobynys Amended And Restated
Bought by
St Clair Gary H
Seller's Agent
Ellissa Bowen
Mark A. Dalton & Co., Inc.
Buyer's Agent
Twila Wyatt
Virginia Homes & Land Realty
List Price
$799,900
Sold Price
$799,900
Current Estimated Value
$1,194,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,450
Avg. Annual Appreciation
3.42%
Original Mortgage
$639,200
Outstanding Balance
$509,513
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$586,564

Purchase Details

Closed on
Aug 7, 2015
Sold by
Sharman Mark B and Sharman Ann T
Bought by
The Terry P Dobyns Amended And Restated

Purchase Details

Listed on
Oct 7, 2011
Closed on
May 22, 2012
Sold by
Sale Gary P and Sale Regina A
Bought by
Sharman Mark B and Sharman Ann T
Seller's Agent
Lynne J. Creasy
Karl Miller Realty LLC
Buyer's Agent
Tommy DeWitt
DeWitt Real Estate & Auctions
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
St Clair Gary H $799,900 Attorney
The Terry P Dobyns Amended And Restated $850,000 Attorney
Sharman Mark B $735,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Clair Gary H $639,200
Previous Owner Sharman Mark B $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2016 09/02/16 Sold $799,900 0.0% $120 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
07/04/2016 07/04/16 For Sale $799,900 +8.8% $120 / Sq Ft
06/29/2012 06/29/12 Sold $735,000 -8.1% $103 / Sq Ft View Prior Sale
06/27/2012 06/27/12 Pending -- -- --
10/07/2011 10/07/11 For Sale $799,900 -- $112 / 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 $4,250 $1,036,500 $85,000 $951,500
2024 $4,250 $1,036,500 $85,000 $951,500
2023 $4,250 $518,250 $0 $0
2022 $3,959 $395,900 $0 $0
2021 $3,959 $791,800 $75,000 $716,800
2020 $3,959 $791,800 $75,000 $716,800
2019 $3,959 $791,800 $75,000 $716,800
2018 $4,129 $794,100 $70,000 $724,100
2017 $4,129 $794,100 $70,000 $724,100
2016 $4,129 $794,100 $70,000 $724,100
2015 $4,129 $794,100 $70,000 $724,100
2014 $4,098 $788,000 $70,000 $718,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Ellissa Bowen

    Mark A. Dalton & Co., Inc.

    (434) 907-6222

    33 Total Sales

    Ellissa Bowen
    Section Image
  • Tommy DeWitt

    Seller Co-Listing Agent in 2016

    Tommy DeWitt

    DeWitt Real Estate & Auctions

    (434) 941-1305

    107 Total Sales

    Tommy DeWitt
    Section Image

  • T

    Buyer's Agent in 2016

    Twila Wyatt

    Virginia Homes & Land Realty

  • Lynne J. Creasy

    Seller's Agent in 2012

    Lynne J. Creasy

    Karl Miller Realty LLC

    (434) 401-1394

    64 Total Sales

    Lynne J. Creasy
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 299726

APN: 153-20-38

Virginia Bedford County Forest 24551

1470 Colby Dr, Forest, VA

Not Listed for Sale

Detached

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