NOT LISTED FOR SALE

1502 Willow Oak Dr Forest, VA 24551

Estimated Value: $472,000 - $510,000

4 Beds
2.5 Baths
2,266 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $299,900 $132 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,661/month

125 Days on Market

Highlights

  • Water Access
  • Community Lake
  • Main Floor Bedroom
  • Forest Middle School Rated A-
  • Wood Flooring
  • Great Room with Fireplace

About This Home

As of May 2017

Move-in ready home in the Great Oaks Community! Offering 4 Bedrooms, 2.5 Baths & 2213 Sq. Ft., this cottage accommodates any size family. Extensive exterior features rock, brick, shake, & stone with a full landscaping package. Inside a foyer greets you into the 15X25 Great Room with a rustic rock fireplace & tons of natural light. Kitchen boasts custom white cabinetry, seamless granite, subway tile backsplash, large work island & a stainless steel appliance package. Sought after Main Level Master w/ ensuite featuring a dual sink vanity, tiled walk-in shower & generous walk-in closet. Level 2 hosts 2 additional bedrooms, full bath & a 4th bedroom or Bonus Room featuring a wet bar w/ built-in custom cabinetry. Main level laundry & 2 car garage. Gorgeous pastoral & water views! The Great Oaks Community offers access to the stocked pond & common areas for a small yearly fee.

Last Agent to Sell the Property

Tina Friar

Keller Williams License #0225171434 Listed on: 11/04/2016

Keller Williams

Last Buyer's Agent

Daniel Turner

Re/Max 1st Olympic License #0225226550

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,500

Year Built

  • Built in 2016

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,266 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Attic Access Panel

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

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

Additional Features

  • Water Access
  • Property is near a golf course

Community Details

  • Association fees include lake/pond
  • Great Oaks Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 90511847

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,500

Year Built

Built in 2016

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • FILLACRES: 0.4600
  • AssocFeeOptional: Required
  • Directions: Travel Rt 221 towards Forest. Turn Left onto 811 (Thomas Jefferson Rd), Right on Great Oak Rd, Right into Great Oaks Subdivision...Willow Oak Dr. Home is on the Left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 20038.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90511847
  • Year Built: 2016
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Two Story
  • Foyer Area: 45.000000
  • Laundryroom Dim: 5.000 x 7.000
  • Laundryroom Len: 5.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 196.000000
  • Master Bedroom Dim: 14.000 x 14.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: GREAT OAKS SEC 3 LT 5 PB 56/317
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Street Number Modifier: (Lot 5)
  • Second Bedroom: 12x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 13x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 16x16 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 256.000000
  • Above Grade Finished Sq Ft: 2266.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Slab
  • Breakfast Area: 11x5 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Great Room
  • Foyer: 5x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 15x25 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Pantry, Walk-In Closet(s)
  • Dining Kitchen: 14x24 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 5x7 Level: Level 1 Above Grade
  • Master Bedroom: 14x14 Level: Level 1 Above Grade
  • GreatRoom Area: 375.000000
  • Livinggreat Room Dim: 15.000 x 25.000
  • Kitchen Area: 336.000000
  • Laundry Room Area: 35.000000
  • 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

  • Lot Number: 5
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Insulated Glass, Undergrnd Utilities, Lake Nearby, Golf Nearby, Water Access

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 500.000000
  • Garage Dim: 20.000 x 25.000
  • GarageLen: 20.000
  • GarageWid: 25.000

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: Lake/Pond, Other
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 150.00
  • Subdivision Complex: Great Oaks

Schools

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

Lot Info

  • Lot Sq Ft: 2266.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Apr 27, 2017
Sold by
Great Oaks Partners Llc A Virginia Limit
Seller's Agent
Tina Friar
Keller Williams
Buyer's Agent
Daniel Turner
Re/Max 1st Olympic
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$482,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,726
Avg. Annual Appreciation
5.79%
Original Mortgage
$294,464
Outstanding Balance
$241,890
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$240,736
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
-- $299,900 Advantage Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $294,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2017 05/15/17 Sold $299,900 0.0% $132 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $299,900 -- $132 / 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 $1,463 $356,800 $73,000 $283,800
2024 $1,463 $356,800 $73,000 $283,800
2023 $1,463 $178,400 $0 $0
2022 $1,384 $138,400 $0 $0
2021 $1,384 $276,800 $68,000 $208,800
2020 $1,384 $276,800 $68,000 $208,800
2019 $1,384 $276,800 $68,000 $208,800
2018 $208 $40,000 $40,000 $0
2017 $208 $40,000 $40,000 $0
2016 $208 $40,000 $40,000 $0
2015 $208 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 302084

APN: 135-39-5