16583 Forest Rd Forest, VA 24551
Estimated Value: $741,736
3
Beds
2
Baths
1,261
Sq Ft
$588/Sq Ft
Est. Value
About This Home
This home is located at 16583 Forest Rd, Forest, VA 24551 and is currently estimated at $741,736, approximately $588 per square foot. 16583 Forest Rd is a home located in Bedford County with nearby schools including Thomas Jefferson Elementary School, Forest Middle School, and Jefferson Forest High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 10, 2019
Sold by
Kpat Lane Llc
Bought by
Stanley Holdings Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$352,392
Interest Rate
4.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$389,344
Purchase Details
Closed on
Jan 13, 2005
Sold by
Henderson Patricia K
Bought by
Kpat Lane Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stanley Holdings Llc | $500,000 | Attorney | |
| Kpat Lane Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stanley Holdings Llc | $400,000 | |
| Previous Owner | Kpat Lane Llc | $420,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,519 | $370,400 | $177,700 | $192,700 |
| 2024 | $1,519 | $370,400 | $177,700 | $192,700 |
| 2023 | $1,519 | $185,200 | $0 | $0 |
| 2022 | $1,784 | $178,350 | $0 | $0 |
| 2021 | $1,784 | $356,700 | $177,700 | $179,000 |
| 2020 | $1,784 | $356,700 | $177,700 | $179,000 |
| 2019 | $1,784 | $356,700 | $177,700 | $179,000 |
| 2018 | $1,346 | $258,900 | $140,700 | $118,200 |
| 2017 | $1,346 | $258,900 | $140,700 | $118,200 |
| 2016 | $1,346 | $258,900 | $140,700 | $118,200 |
| 2015 | $1,346 | $258,900 | $140,700 | $118,200 |
| 2014 | $1,200 | $230,800 | $106,700 | $124,100 |
Source: Public Records
Map
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