1702 Colby Dr Forest, VA 24551
Estimated Value: $623,885 - $673,000
5
Beds
3
Baths
2,940
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- 1.5-Story Property
- Main Floor Bedroom
- Screened Porch
- Forest Middle School Rated A-
- Great Room
- 1-minute walk to The Flag Pole
About This Home
As of August 2022Looking 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
Century 21 ALL-SERVICE-FOR License #0225030532 Listed on: 06/23/2022
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 a 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
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%
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,721
Avg. Annual Appreciation
6.46%
Original Mortgage
$532,000
Outstanding Balance
$513,042
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$155,957
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
Similar Homes in Forest, VA
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 |
|---|---|---|---|
| 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 | |
| Previous Owner | Subosite Stephen G | $263,848 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 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 |
|---|---|---|---|---|
| 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
-
Michelle Wingo Stebbings
M
Seller's Agent in 2022
Michelle Wingo Stebbings
Century 21 ALL-SERVICE-FOR
(434) 525-1212
137 Total Sales
-
Kelly Perdieu
K
Seller Co-Listing Agent in 2022
Kelly Perdieu
John Stewart Walker, Inc
(434) 515-4457
46 Total Sales
-
Lauren Bell
Buyer's Agent in 2022
Lauren Bell
Lauren Bell Real Estate, Inc.
(434) 382-9482
370 Total Sales
-
Jeffrey Sims
Seller's Agent in 2020
Jeffrey Sims
Legacy Realty and Development
(434) 258-4751
213 Total Sales
-
Cary Sims
Seller Co-Listing Agent in 2020
Cary Sims
Legacy Realty and Development
(434) 841-3576
63 Total Sales
-
Nadine Blakely
Buyer's Agent in 2020
Nadine Blakely
RE/MAX
(434) 444-2226
416 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 338992
APN: 90508047
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