NOT LISTED FOR SALE

1702 Colby Dr Forest, VA 24551

Estimated Value: $631,786 - $696,000

5 Beds
3 Baths
2,940 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $560,000 $190 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,710/month

12 Days on Market

Highlights

  • 1.5-Story Property
  • Great Room
  • Tennis Courts
  • Main Floor Bedroom
  • Screened Porch
  • 1-minute walk to The Flag Pole

About This Home

As of August 2022

Looking for main level living on park like landscaped lot in sought after Somersest Meadows? Move-in ready & better then new (built in 2020) brick ranch offering 5 bedrooms/3 baths and two car garage. Award winning spacious open floor plan offers two great rooms/gathering room, flex space for office or dining room with built-in cabinetry (currently used as home office), stunning kitchen with granite, stainless appliances, gas stove, pantry and lots of cabinetry/work areas. The split bedroom design features primary bedroom with tray ceiling and spa bathroom, 2 additional bedrooms & full bath on main floor (great mother-in-law suite adapted to be handicap accessible). Upstairs offers two additional bedrooms with a shared bath. Low maintenance exterior, lush and carefree gardens, screened porch, patio, level backyard paradise, tankless water heater, custom plantation shutters. This home is perfect for entertaining and offers easy access to 460.

Last Agent to Sell the Property

Michelle Wingo Stebbings

Century 21 ALL-SERVICE-FOR License #0225030532 Listed on: 06/23/2022

Century 21 ALL-SERVICE-FOR

Co-Listed By

Kelly Perdieu

John Stewart Walker, Inc License #0225247599

Last Buyer's Agent

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2020

Lot Details

  • 0.45 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • 1.5-Story Property
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Screened Porch
  • Attic Access Panel
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near golf course

Schools

  • New London Academy Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include playground, tennis
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 2020

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • FILLACRES: 0.4500
  • AssocFeeOptional: Required
  • Directions: 460 to New London to right on Somerset Meadows to Colby
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 19602.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2020
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 270.000000
  • Master Bedroom Dim: 18.000 x 15.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 12.000 x 14.000
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: SOMERSET MEADOWS SEC 8 LT 222
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 13x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 18x15 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 270.000000
  • Fifth Bedroom: 12x12 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 2940.00
  • ApplianceConvey: Convection, Microwave, Range-Gas, Refrigerator
  • Has Attic: Access
  • Has Basement: Slab
  • Flooring: Ceramic Tile, Laminate, Vinyl Plank
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log
  • Formal Dining: 23x15 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Great Room: 21x16 Level: Level 1 Above Grade
  • Interior Amenities: Ceiling Fan(s), Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Tile Bath(s), Walk-In Closet(s)
  • Laundry: Main Level
  • Master Bedroom: 18x15 Level: Level 1 Above Grade
  • Office: 12x14 Level: Level 1 Above Grade
  • Screened Porch: 17x18 Level: Level 1 Above Grade
  • GreatRoom Area: 336.000000
  • Livinggreat Room Dim: 21.000 x 16.000
  • Office Area: 168.000000
  • 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

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Screened Porch, Tennis Courts Nearby, Golf Nearby
  • Patio: 19x20 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 399.000000
  • Garage Dim: 21.000 x 19.000
  • GarageLen: 21.000
  • GarageWid: 19.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Community System, County
  • Hot Water: County
  • Water Heater: Electric, Gas, Tankless

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Playground, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 460.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 2940.00

Tax Info

  • Estimated Taxes: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jul 27, 2022
Sold by
Subosits Stephen G and Subosits Lori A
Bought by
Kramer Daniel J
Seller's Agent
Michelle Wingo Stebbings
Century 21 ALL-SERVICE-FOR
Buyer's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
List Price
$549,900
Sold Price
$560,000
Premium/Discount to List
$10,100
1.84%
Current Estimated Value
$668,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,947
Avg. Annual Appreciation
5.16%
Original Mortgage
$532,000
Outstanding Balance
$509,806
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$159,141

Purchase Details

Closed on
Sep 25, 2018
Sold by
Samdanben Land Development Llc
Bought by
Equity Enterprises 1984 Llc

Purchase Details

Closed on
Jun 30, 2014
Sold by
Cadssidy Randy S and Cassidy Tiffany
Bought by
Samdanben Land Development Llc

Purchase Details

Closed on
Oct 14, 2011
Sold by
Somerset Farms Llc
Bought by
Cassidy Randy S and Cassidy Tiffany
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kramer Daniel J $560,000 Chicago Title
Equity Enterprises 1984 Llc $55,000 Covenant Real Estate Svcs
Samdanben Land Development Llc $28,000 Fidelity National Title Ins
Cassidy Randy S $16,800 Fidelity National
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kramer Daniel J $532,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2022 08/05/22 Sold $560,000 +1.8% $190 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $549,900 +28.2% $187 / Sq Ft
04/01/2020 04/01/20 Sold $429,000 0.0% $146 / Sq Ft View Prior Sale
02/27/2020 02/27/20 Pending -- -- --
10/16/2019 10/16/19 For Sale $429,000 -- $146 / 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 $2,374 $579,100 $70,000 $509,100
2024 $2,374 $579,100 $70,000 $509,100
2023 $2,374 $289,550 $0 $0
2022 $2,071 $207,100 $0 $0
2021 $2,071 $414,200 $60,000 $354,200
2020 $275 $55,000 $55,000 $0
2019 $275 $55,000 $55,000 $0
2018 $260 $50,000 $50,000 $0
2017 $260 $50,000 $50,000 $0
2016 $260 $50,000 $50,000 $0
2015 $260 $50,000 $50,000 $0
2014 $260 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michelle Wingo Stebbings

    Century 21 ALL-SERVICE-FOR

    (434) 525-1212

    127 Total Sales

    Michelle Wingo Stebbings
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kelly Perdieu

    John Stewart Walker, Inc

    (434) 515-4457

    52 Total Sales

    Kelly Perdieu
    Section Image
  • Lauren Bell

    Buyer's Agent in 2022

    Lauren Bell

    Lauren Bell Real Estate, Inc.

    (434) 382-9482

    359 Total Sales

    Lauren Bell
    Section Image
  • Jeffrey Sims

    Seller's Agent in 2020

    Jeffrey Sims

    Legacy Realty

    (434) 258-4751

    193 Total Sales

    Jeffrey Sims
    Section Image
  • Cary Sims

    Seller Co-Listing Agent in 2020

    Cary Sims

    Legacy Realty

    (434) 841-3576

    43 Total Sales

    Cary Sims
    Section Image
  • Nadine Blakely

    Buyer's Agent in 2020

    Nadine Blakely

    RE/MAX

    (434) 444-2226

    389 Total Sales

    Nadine Blakely
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338992

APN: 153-29-222

Virginia Bedford County Forest 24551

1702 Colby Dr, Forest, VA

Not Listed for Sale

Detached

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