NOT LISTED FOR SALE

1567 Somerset Dr Forest, VA 24551

Estimated Value: $584,098 - $643,000

4 Beds
3 Baths
3,251 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $501,000 $154 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,621/month

2 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Great Room
  • Forest Middle School Rated A-
  • Whirlpool Bathtub
  • Formal Dining Room

About This Home

As of April 2022

Great opportunity to make Somerset home!! This brick two story offers 4-5 bedrooms, 3 full baths, new Frigidaire appliances, second floor balcony, 2 car garage, mature landscapes, Stampcrete sidewalk and is also disability friendly! Eat-in kitchen & formal dining room! One main level bedroom, 3 on the second floor with a LARGE bonus room that could be used as a large 5 bedroom. The basement is roughed in for a bathroom for your future plans! This beautiful home is situated in the sought-after Somerset neighborhood for under $500,000 and will not last long! Schedule your tour today!

Last Agent to Sell the Property

Lisa Garrett

NextHome TwoFourFive License #0225240937 Listed on: 03/21/2022

NextHome TwoFourFive

Last Buyer's Agent

Chris Johnson

Long & Foster-Forest License #0225191124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 2005

Lot Details

  • 0.51 Acre Lot
  • Landscaped
  • Property is zoned R1

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3,251 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Den with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Storage In Attic
  • Attic Access Panel
  • Scuttle Attic Hole
  • Pull Down Stairs to Attic

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Handicap Shower
  • Grab Bars
  • Accessible Ramps

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
  • Cable TV Available

Community Details

  • Association fees include grounds maintenance, playground, tennis
  • Somerset Meadows Sec 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 90506197

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,824

Year Built

Built in 2005

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: From Lynchburg Take Route 460 West To Left On Route 811 At Sheetz To Somerset Meadows On Right.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 22216.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90506197
  • Year Built: 2005
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 21.200
  • Officeden Wid: 13.500
  • Foyer Area: 108.000000
  • Laundryroom Dim: 5.000 x 5.500
  • Laundryroom Len: 5.000
  • Living Room Dim: 12.000 x 12.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 295.920000
  • Master Bedroom Dim: 13.700 x 21.600
  • Masterbedroom Len: 13.700
  • Masterbedroom Wid: 21.600
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 532.500000
  • Other Room1 Len: 35.500
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Disability Features: Grab Bar(s), Accessible w Ramp, Shower
  • High School2: Jefferson Forest-HS
  • Legal Description: SOMERSET MEADOWS SEC 5 LT 55
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 10x12.50 Level: Level 1 Above Grade
  • Second Bedroom Area: 125.000000
  • Third Bedroom: 12.50x11.70 Level: Level 2 Above Grade
  • Third Bedroom Area: 146.250000
  • Fourth Bedroom: 11.40x11.10 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 126.540000
  • Above Grade Finished Sq Ft: 3251.00
  • ApplianceConvey: Dishwasher, Dryer, Range-Elec, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: Access, Floored, Pull Down, Scuttle, Storage Only
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Poured Concrete, Roughed in Bath, Walkout
  • Breakfast Area: 11.12x9.80 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 15x15 Level: Level 1 Above Grade
  • Den: 21.20x13.50 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Den, Gas Log
  • Formal Dining: 11.90x11.50 Level: Level 1 Above Grade
  • Foyer: 9x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 11.50x12 Level: Level 1 Above Grade
  • Laundry: Laundry Closet, Laundry Room
  • Laundry Room: 5x5.50 Level: Level 2 Above Grade
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 13.70x21.60 Level: Level 2 Above Grade
  • Other Room 1: 35.50x15 Level: Level 2 Above Grade
  • Porch: 21x5 Level: Level 2 Above Grade
  • Additional Room 1 Description: Bonus room/5th Bed
  • Den Area: 286.200000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 138.000000
  • Laundry Room Area: 27.500000
  • LivingRoom Area: 144.000000
  • Est Other Room1 Dim: 35.500 x 15.000
  • 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: 55
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Landscaped, Undergrnd Utilities
  • Patio: 15x15 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 450.000000
  • Garage Dim: 22.500 x 20.000
  • GarageLen: 22.500
  • GarageWid: 20.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • 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: Grounds Maintenance, Other, Playground, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 460.00
  • Subdivision Complex: Somerset Meadows Sec 5

Schools

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

Lot Info

  • Lot Sq Ft: 3251.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2006
Sold by
Hall Lee E and Hall Tonja S
Bought by
Cook Sam Daniel and Cook Andrea N
Total Days on Market
2
Current Estimated Value
$607,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,700
Outstanding Balance
$226,078
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$385,691

Purchase Details

Closed on
Nov 3, 2005
Sold by
J C Laughlin Builder Inc
Bought by
Hall Lee E and Hall Tonja S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,600
Interest Rate
6.06%
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 Buyer Sale Price Title Company
Cook Sam Daniel -- None Available
Hall Lee E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Sam Daniel $366,700
Previous Owner Hall Lee E $283,600
Previous Owner Hall Lee E $35,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $501,000 +4.4% $154 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $480,000 -- $148 / 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 $2,065 $503,700 $70,000 $433,700
2023 $2,065 $251,850 $0 $0
2022 $1,824 $182,350 $0 $0
2021 $1,824 $364,700 $60,000 $304,700
2020 $1,824 $364,700 $60,000 $304,700
2019 $1,824 $364,700 $60,000 $304,700
2018 $1,795 $345,200 $55,000 $290,200
2017 $1,795 $345,200 $55,000 $290,200
2016 $1,795 $345,200 $55,000 $290,200
2015 $1,795 $345,200 $55,000 $290,200
2014 $1,910 $367,300 $55,000 $312,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 337070

APN: 90506197