NOT LISTED FOR SALE

1582 Matthew Talbot Rd Forest, VA 24551

Estimated Value: $608,000 - $860,788

3 Beds
4 Baths
4,593 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $400,000 $87 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,370/month

65 Days on Market

Highlights

  • Mountain View
  • Fireplace in Primary Bedroom
  • Formal Dining Room
  • Forest Middle School Rated A-
  • Wood Flooring
  • Fenced Yard

About This Home

As of August 2012

Now offering one of the most unique properties in all of Forest at an amazing price! The original Manor House in Terrace View offers more than your conventional home - unparalleled views of the Blue Ridge mountains; spacious rooms for living and entertaining; 7 gas log fireplaces - one in each room on the main level and all three bedrooms; a beautiful stone patio for entertaining or enjoying late summer sunsets; a main level and second story deck overlooking the pastoral acreage and 11 foot ceilings on both the main and second story. This is a home for a discriminating buyer who desires to enjoy the grand scale of a manor home, but with all the modern day upgrades and amenities. A truly rare opportunity.

Last Listed By

Daniel Vollmer

RE/MAX 1st Olympic License #0225100219 Listed on: 06/11/2012

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 1841

Lot Details

  • 5 Acre Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Metal Roof
  • Plaster

Interior Spaces

  • 4,593 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Mountain Views

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Attic Access Panel
  • Walkup Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry

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
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Terrace View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 90503647

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,176

Year Built

Built in 1841

Lot Details

0

Listing Details

  • BuildingOnProperty: Other
  • Directions: 811 to Bellevue, turn left onto Mtgthew Talbot. Follow into Terrace View home is on the right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 217800.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90503647
  • Year Built: 1841
  • Detached Garage: 2 Car
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 412.500000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.000 x 18.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 18.000
  • Masterbedroom Area: 380.000000
  • Master Bedroom Dim: 20.000 x 19.000
  • Masterbedroom Len: 20.000
  • Masterbedroom Wid: 19.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 12.000
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (2 2)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Tract A PB 40/10
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 19x19 Level: Level 2 Above Grade
  • Second Bedroom Area: 361.000000
  • Third Bedroom: 25x21 Level: Level 2 Above Grade
  • Third Bedroom Area: 525.000000
  • Above Grade Finished Sq Ft: 4593.00
  • ApplianceConvey: None
  • Has Attic: Access, Floored, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Finished, Heated, Interior Entrance, Partial, Walkout
  • Flooring: Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Family Room: 20x18 Level: Level 1 Above Grade
  • Fireplace: 3+ Fireplaces, Den, Gas Log, Living Room, Master Bedroom
  • Formal Dining: 20x18 Level: Level 1 Above Grade
  • Foyer: 37.50x11 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Tile Bath(s), Master Bed w/ Bath, Plaster, Separate Dining Room, Walk-In Closet(s)
  • Dining Kitchen: 20x20 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Washer Connections
  • Living Room: 20x18 Level: Level 1 Above Grade
  • Master Bedroom: 20x19 Level: Level 2 Above Grade
  • Porch: 52x8 Level: Level 1 Above Grade
  • Sun Room: 12x8 Level: Level 1 Above Grade
  • FamilyRoom Area: 360.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 400.000000
  • LivingRoom Area: 360.000000
  • 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
  • Sun Room Area: 96.000000
  • Sunroom Dim: 12.000 x 8.000

Exterior Features

  • Roof: Metal
  • New Construction: Completed
  • Exterior Features: Fenced Yard, Undergrnd Utilities, Mountain Views
  • Patio: 25x21 Level: Level 1 Above Grade

Garage/Parking

  • 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: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Terrace View

Schools

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

Lot Info

  • Lot Sq Ft: 4593.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 3176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jul 10, 2012
Sold by
Navy Federal Credit Union
Bought by
Smith Christopher and Smith Margaret
Seller's Agent
Daniel Vollmer
RE/MAX 1st Olympic
Buyer's Agent
Sandy Davis
Century 21 ALL-SERVICE-FOR
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Total Days on Market
65
Current Estimated Value
$738,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,947
Avg. Annual Appreciation
4.92%
Original Mortgage
$200,000
Outstanding Balance
$140,509
Interest Rate
3.67%
Mortgage Type
New Conventional
Estimated Equity
$598,438

Purchase Details

Closed on
Mar 5, 2012
Sold by
Sloan Gregory E and Sloan Paula J
Bought by
Navy Federal Credit Union

Purchase Details

Closed on
Jun 28, 2005
Sold by
Perrow Waller S and Perrow Elizabeth G
Bought by
Sloan Gregory E and Sloan Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.73%
Mortgage Type
Stand Alone Second

Range of Values:

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Average Value
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List Price
Sold Price
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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
Smith Christopher $400,000 None Available
Navy Federal Credit Union $529,000 None Available
Sloan Gregory E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Christopher $200,000
Previous Owner Sloan Gregory E $621,680
Previous Owner Sloan Gregory E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2012 08/15/12 Sold $400,000 0.0% $87 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $399,900 -- $87 / 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 $2,792 $680,900 $145,000 $535,900
2023 $2,792 $340,450 $0 $0
2022 $2,860 $285,950 $0 $0
2021 $2,860 $571,900 $136,000 $435,900
2020 $2,860 $571,900 $136,000 $435,900
2019 $2,860 $571,900 $136,000 $435,900
2018 $2,914 $560,300 $136,000 $424,300
2017 $2,936 $564,700 $136,000 $428,700
2016 $2,936 $564,700 $136,000 $428,700
2015 $2,936 $564,700 $136,000 $428,700
2014 $3,304 $635,300 $136,000 $499,300
Source: Public Records

Agents Affiliated with this Home

  • Daniel Vollmer

    Seller's Agent in 2012

    Daniel Vollmer

    RE/MAX

    (434) 832-1100

    104 Total Sales

    Daniel Vollmer
    Section Image

  • S

    Buyer's Agent in 2012

    Sandy Davis

    Century 21 ALL-SERVICE-FOR

    (434) 237-5406

    10 Total Sales

    Sandy Davis
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 273108

APN: 90503647

Virginia Bedford County Forest 24551

1582 Matthew Talbot Rd, Forest, VA

Homes for Sale in Forest, VA

This home is located at 1582 Matthew Talbot Rd, Forest, VA 24551 since 11 June 2012 and is currently estimated at $738,947, approximately $160 per square foot. This property was built in 1841. 1582 Matthew Talbot Rd 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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