NOT LISTED FOR SALE

1630 Somerset Dr Forest, VA 24551

Estimated Value: $703,092 - $741,000

4 Beds
4 Baths
5,137 Sq Ft
$141/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $589,500 $115 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,977/month

102 Days on Market

Highlights

  • Multiple Fireplaces
  • Main Floor Bedroom
  • Screened Porch
  • Wood Flooring
  • Whirlpool Bathtub
  • Formal Dining Room

About This Home

As of April 2022

Located at the end of the culdesac, this home on 1 acre offers over 5000 sq ft of living area on three levels. Beautiful hardwood floors on the main level were just refinished and the entire home has been freshly painted. Kitchen with granite counter tops has a walk-in pantry, eat on bar and breakfast nook. Adjoining family room with 20 foot ceilings, fireplace and wet bar. There is a main level bedroom and full bath, formal living room and 16x13 formal dining room for large get togethers. 2nd level features the master bedroom with access to private deck, master bath with his/her vanities and a hugh walk-in closet. Two additional bedrooms with a jack and jill bath and walk-in closets in each. The lower level has a 42 x 14 rec room, full bath and three additional rooms that could be the perfect craft room, office, or rainy day playroom. Two new decks and screen porch

Last Agent to Sell the Property

Judy Woten

The Real Estate Advantage License #0225210637 Listed on: 11/18/2021

Last Buyer's Agent

Jon Gregory

Karl Miller Realty LLC License #0225241702

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,795

Year Built

  • Built in 2008

Lot Details

  • 0.97 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 5,137 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Ceiling Fan
  • Multiple Fireplaces
  • Formal Dining Room
  • Craft Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement

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

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include tennis
  • Somerset Meadows Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,795

Year Built

Built in 2008

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.9700
  • AssocFeeOptional: Required
  • Directions: Rt 460 to New London Road, right on Somerset to end.
  • Lot Measurement: Acres
  • Lot Sq Ft: 42253.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2008
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Three Or More
  • Dwelling Styles: Two Story
  • Foyer Area: 84.000000
  • Laundryroom Dim: 8.000 x 6.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 12.000 x 12.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 266.000000
  • Master Bedroom Dim: 19.000 x 14.000
  • Masterbedroom Len: 19.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 12.000 x 11.000
  • Other Room1 Area: 112.000000
  • Other Room1 Len: 14.000
  • Other Room2 Area: 108.000000
  • Other Room2 Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (4 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows Sec 5, Lt 61
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 14x13 Level: Level 2 Above Grade
  • Third Bedroom Area: 182.000000
  • Fourth Bedroom: 26x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 312.000000
  • Above Grade Finished Sq Ft: 3445.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Partitioned, Walkout
  • Breakfast Area: 0x0 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 0x0 Level: Level 1 Above Grade
  • Family Room: 17x15 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces
  • Formal Dining: 16x13 Level: Level 1 Above Grade
  • Foyer: 14x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Main Level Bedroom, Pantry, Security System, Separate Dining Room, Tile Bath(s), Walk-In Closet(s), Wet Bar, Whirlpool Tub
  • Dining Kitchen: 21x14 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 8x6 Level: Level 1 Above Grade
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 19x14 Level: Level 2 Above Grade
  • Office: 12x11 Level: Below Grade
  • Other Room 1: 14x8 Level: Below Grade
  • Other Room 2: 12x9 Level: Below Grade
  • Rec Room: 42x14 Level: Below Grade
  • Additional Room 1 Description: craft room
  • Screened Porch: 0x0 Level: Level 1 Above Grade
  • FamilyRoom Area: 255.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 294.000000
  • Laundry Room Area: 48.000000
  • LivingRoom Area: 144.000000
  • Office Area: 132.000000
  • Est Other Room1 Dim: 14.000 x 8.000
  • Est Other Room2 Dim: 12.000 x 9.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 588.000000
  • Rec Room Dim: 42.000 x 14.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 61
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Screened Porch
  • Patio: 0x0 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 5137.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Mar 25, 2022
Sold by
Ward Mary N
Bought by
Gregory Jenna J and Gregory Jonathan A
Seller's Agent
Judy Woten
The Real Estate Advantage
Buyer's Agent
Jon Gregory
Karl Miller Realty LLC
List Price
$607,900
Sold Price
$589,500
Premium/Discount to List
-$18,400
-3.03%
Current Estimated Value
$722,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,273
Avg. Annual Appreciation
5.48%
Original Mortgage
$560,025
Outstanding Balance
$526,105
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$196,668

Purchase Details

Listed on
Aug 1, 2014
Closed on
Feb 12, 2015
Sold by
Garcia Richard and Garcia Alica W
Bought by
Ward Mary N and Ward Robert
Seller's Agent
Anne Coleman
Realty ONE Group Leading Edge
Buyer's Agent
Vivian Pogue
RE/MAX 1st Olympic
List Price
$445,900
Sold Price
$400,000
Premium/Discount to List
-$45,900
-10.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$300,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Towne Builders Llc
Bought by
Garcia Richard and Garcia Alicia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,650
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 27, 2005
Sold by
Somerset Farms Llc
Bought by
Towne Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Gregory Jenna J $589,500 Old Republic National Title
Ward Mary N $400,000 Seven Hills Settlement Llc
Garcia Richard -- None Available
Towne Builders Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory Jenna J $560,025
Previous Owner Ward Mary N $300,000
Previous Owner Garcia Richard $364,650
Previous Owner Towne Builders Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $589,500 -3.0% $115 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
11/18/2021 11/18/21 For Sale $607,900 +52.0% $118 / Sq Ft
02/18/2015 02/18/15 Sold $400,000 -10.3% $75 / Sq Ft View Prior Sale
01/21/2015 01/21/15 Pending -- -- --
08/01/2014 08/01/14 For Sale $445,900 -- $84 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $2,432 $593,100 $65,000 $528,100
2024 $2,432 $593,100 $65,000 $528,100
2023 $2,432 $296,550 $0 $0
2022 $2,219 $221,850 $0 $0
2021 $2,219 $443,700 $55,000 $388,700
2020 $2,219 $443,700 $55,000 $388,700
2019 $2,219 $443,700 $55,000 $388,700
2018 $2,145 $412,500 $50,000 $362,500
2017 $2,145 $412,500 $50,000 $362,500
2016 $2,145 $412,500 $50,000 $362,500
2015 $2,145 $412,500 $50,000 $362,500
2014 $2,276 $437,600 $53,000 $384,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 335200

APN: 153-23-61