$735,000
SOLD JUN 29, 2012

1470 Colby Dr Forest, VA 24551

5 Beds
4.5 Baths
7,158 Sq Ft
2.64 Acres

Recently Sold

$103 Per Sq Ft

8% Below List Price

264 Days on Market

Highlights

  • In Ground Pool
  • Multiple Fireplaces
  • Wood Flooring
  • Forest Middle School Rated A-
  • Ranch Style House
  • 3-minute walk to The Flag Pole

About This Home

As of September 2016

Amazing one of a kind home with custom features throughout. Main level floor plan features soaring ceilings and windows overlooking private pool accented with custom iron railings. Spacious gourmet kitchen w/granite countertops open to dinette and warm hearth room featuring rock fireplace. Formal Dining & Living rooms accented with majestic columns. Master suite features a see through fireplace, a sitting area and a separate back patio entrance. There are two other spacious main level bedrooms, each with their own private baths. Terrace level is perfect for entertaining with another full kitchen, media area, exercise room, billiard room w/rock fireplace and two more bedrooms. Extensive landscaping with accent lighting, stamped concrete driveway leading to the 3-4 car garage as well as a separate 2 car garage. This list goes on and on.

Last Agent to Sell the Property

Lynne J. Creasy

Karl Miller Realty LLC License #0225052890 Listed on: 10/07/2011

Last Buyer's Agent

Tommy DeWitt

DeWitt Real Estate & Auctions License #0225033016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

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

  • 7,158 Sq Ft Home
  • Central Vacuum
  • Wired For Sound
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Formal Dining Room
  • Game Room

Kitchen

  • <<builtInOvenToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • <<bathWithWhirlpoolToken>>
  • 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

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

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, L on Rt. 811 to Right into somerset, Right on Colby Drive to 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
  • 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: Lot 38 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
  • Sixth Bedroom: 15x14 Level: Below Grade
  • Sixth Bedroom Area: 210.000000
  • Above Grade Finished Sq Ft: 4087.00
  • ApplianceConvey: 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

  • Attached Garage: 3 Car +
  • Garage Spaces: Garage Door Opener, Oversized, Other
  • 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

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

Lot Info

  • Lot Sq Ft: 7158.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 4000

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
The Hopkins Real Estate Group
List Price
$799,900
Sold Price
$799,900
Current Estimated Value
$996,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,646
Avg. Annual Appreciation
3.08%
Original Mortgage
$639,200
Outstanding Balance
$516,391
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$530,313

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
2.75%
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $799,900 Attorney
Warranty Deed $850,000 Attorney
Deed $735,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $639,200 New Conventional
Previous Owner $416,000 New Conventional
Previous Owner $243,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

    31 Total Sales

    Ellissa Bowen
    Section Image

  • T

    Seller Co-Listing Agent in 2016

    Tommy DeWitt

    DeWitt Real Estate & Auctions

    Section Image

  • T

    Buyer's Agent in 2016

    Twila Wyatt

    The Hopkins Real Estate Group

  • Lynne J. Creasy

    Seller's Agent in 2012

    Lynne J. Creasy

    Karl Miller Realty LLC

    (434) 401-1394

    59 Total Sales

    Lynne J. Creasy
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 269014

APN: 90504014

Virginia Bedford County Forest 24551

1470 Colby Dr, Forest, VA

This home is located at 1470 Colby Dr, Forest, VA 24551 and is currently priced at $735,000, approximately $102 per square foot. This property was built in 2003. 1470 Colby Dr is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

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