$1,100,000
SOLD JUL 19, 2024

17327 Forest Rd Forest, VA 24551

Forest Neighborhood
8 Acres
$143,043 Price per Acre
334,976 Sq Ft Lot

Recently Sold

21% Below List Price

295 Days on Market

About This Lot

As of July 2024

Prime Development Tract located in the heart of Forest, VA. Great visibility with long road frontage on Forest Road and Homestead Drive.

Last Agent to Sell the Property

Rick Read

Coldwell Banker Commercial Rea License #0225002576 Listed on: 04/03/2023

Coldwell Banker Commercial Rea

Co-Listed By

Ricky Read

Coldwell Banker Commercial Rea License #0225188167

Last Buyer's Agent

Christopher Gentry, SIOR

Gentry Commercial RE License #0225033997

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,999

Lot Details

  • 7.69 Acre Lot
  • Property is zoned C-2

Schools

  • Forest Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Community Details

  • Net Lease

Property Details

Property Type

Land

Est. Annual Taxes

$9,999

Lot Details

0

Listing Details

  • Days On Market: No
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed, Modulars Not Allowed, No Horses Allowed, No Livestock Allowed
  • Garage Yn: No
  • Property Sub-Type: Unimproved Land
  • Co List Office Mls Id: 415
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No

Exterior Features

  • Road Frontage: 440.00

Schools

  • Elementary School: Forest Elem
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Current Use: Vacant
  • Zoning: C-2
  • Acres: 7.6900
  • Lot Size Sq Ft: 334976.00
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 9999

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Jul 19, 2024
Sold by
Centra Health Foundation
Bought by
Terry Real Estate-Lynchburg Llc
Seller's Agent
Rick Read
Coldwell Banker Commercial Rea
Buyer's Agent
Christopher Gentry, SIOR
Gentry Commercial RE
List Price
$1,400,000
Sold Price
$1,100,000
Premium/Discount to List
-$300,000
-21.43%
Total Days on Market
295
Views
289
Current Estimated Value
$1,105,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,504

Purchase Details

Closed on
Oct 4, 2010
Sold by
Centra Health Inc
Bought by
Centra Health Foundation

Purchase Details

Closed on
Oct 1, 2010
Sold by
Baldwin Bernard C and Bertie L Hagy Estate
Bought by
Centra Health Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $1,100,000 Chicago Title
Deed -- Southern Title
Deed -- Southern Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $1,100,000 -15.4% --
01/23/2024 01/23/24 Pending -- -- --
07/31/2023 07/31/23 Price Changed $1,300,000 -7.1% --
04/03/2023 04/03/23 For Sale $1,400,000 -- --
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 $2,921 $712,400 $705,700 $6,700
2023 $2,921 $356,200 $0 $0
2022 $2,242 $224,200 $0 $0
2021 $2,242 $448,400 $423,400 $25,000
2020 $2,242 $448,400 $423,400 $25,000
2019 $2,242 $448,400 $423,400 $25,000
2018 $1,594 $306,500 $282,300 $24,200
2017 $1,594 $306,500 $282,300 $24,200
2016 $1,594 $306,500 $282,300 $24,200
2015 $1,594 $306,500 $282,300 $24,200
2014 $883 $169,900 $121,500 $48,400
Source: Public Records

Agents Affiliated with this Home

  • Rick Read

    Seller's Agent in 2024

    Rick Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    4 in this area

    41 Total Sales

    Section Image
  • Ricky Read

    Seller Co-Listing Agent in 2024

    Ricky Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    7 in this area

    53 Total Sales

    Ricky Read
    Section Image
  • Christopher Gentry, SIOR

    Buyer's Agent in 2024

    Christopher Gentry, SIOR

    Gentry Commercial RE

    (434) 841-5551

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 343364

APN: 118-A-8

Virginia Bedford County Forest 24551 Forest

17327 Forest Rd, Forest, VA

This home is located at 17327 Forest Rd, Forest, VA 24551 and is currently priced at $1,100,000. 17327 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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