NOT LISTED FOR SALE

1740 Colby Dr Forest, VA 24551

Estimated Value: $690,220 - $762,000

4 Beds
2.5 Baths
3,150 Sq Ft
$233/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $400,000 $127 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,075/month

9 Days on Market

Highlights

  • Mountain View
  • Main Floor Bedroom
  • Great Room
  • Wood Flooring
  • Whirlpool Bathtub
  • 1-minute walk to The Flag Pole

About This Home

As of April 2014

Immaculate condition, new stainless steel appliances. Somerset Meadows Mountain Views

Last Agent to Sell the Property

June Smith

Legacy Realty and Development License #0225041629 Listed on: 03/08/2014

Last Buyer's Agent

Cary Sims

Legacy Realty and Development License #0225202019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2009

Lot Details

  • 0.44 Acre Lot
  • Fenced Yard
  • Landscaped

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Scuttle Attic Hole

Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Location

  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Cable TV Available

Community Details

Overview

  • Association fees include neighborhood lights, road maintenance, snow removal, tennis
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 2009

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.4400
  • Directions: 460 West, left at Sheetz, right into Somerset Meadows, right on Colby, house on left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 19166.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2009
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 238.000000
  • Master Bedroom Dim: 17.000 x 14.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Section 8, Lot 223 Somerset Meadows
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Above Grade Finished Sq Ft: 3150.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Gas
  • Has Attic: Floored, Scuttle
  • Has Basement: Full, Garage, Roughed in Bath
  • Flooring: Brick, Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Family Room: 0x0 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace
  • Level 1 Full Bathrooms: 2
  • Great Room: 0x0 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Great Room, Main Level Bedroom, Master Bed w/ Bath, Security System, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Whirlpool Tub
  • Laundry: Main Level, Separate Laundry Rm.
  • Living Room: 0x0 Level: Level 1 Above Grade
  • Master Bedroom: 17x14 Level: Level 1 Above Grade
  • Porch: 8x23 Level: Level 1 Above Grade
  • Sun Room: 12x13 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • 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
  • Sun Room Area: 156.000000
  • Sunroom Dim: 12.000 x 13.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Fenced Yard, Landscaped, Tennis Courts Nearby, Mountain Views, Golf Nearby
  • Patio: 8x23 Level: Level 1 Above Grade

Garage/Parking

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

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County
  • Hot Water: County
  • Water Heater: Other

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Neighborhood Lights, Road Maintenance, Snow Removal, 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: 3150.00

Tax Info

  • Estimated Taxes: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2014
Closed on
Apr 10, 2014
Sold by
Sale Gary P
Bought by
Steele Ronald L and Steele Jeri L
Seller's Agent
June Smith
Legacy Realty and Development
Buyer's Agent
Cary Sims
Legacy Realty and Development
List Price
$419,900
Sold Price
$400,000
Premium/Discount to List
-$19,900
-4.74%
Current Estimated Value
$735,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,305
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Jun 25, 2012
Sold by
Somerset Farms Llc and Hubbard Jeffrey B
Bought by
Sale Gary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,750
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Steele Ronald L $400,000 Fidelity
Sale Gary P $41,300 Virginia Title Center
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sale Gary P $309,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2014 04/14/14 Sold $400,000 -4.7% $127 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $419,900 -- $133 / Sq Ft
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
2025 $2,471 $602,700 $70,000 $532,700
2024 $2,471 $602,700 $70,000 $532,700
2023 $2,471 $301,350 $0 $0
2022 $2,242 $224,200 $0 $0
2021 $2,242 $448,400 $60,000 $388,400
2020 $2,242 $448,400 $60,000 $388,400
2019 $2,242 $448,400 $60,000 $388,400
2018 $2,040 $392,300 $55,000 $337,300
2017 $2,040 $392,300 $55,000 $337,300
2016 $2,040 $392,300 $55,000 $337,300
2015 $2,040 $392,300 $55,000 $337,300
2014 $1,877 $360,900 $55,000 $305,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    June Smith

    Legacy Realty and Development

    (804) 402-3725

    73 Total Sales

    June Smith
    Section Image
  • Cary Sims

    Buyer's Agent in 2014

    Cary Sims

    Legacy Realty and Development

    (434) 841-3576

    45 Total Sales

    Cary Sims
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 283668

APN: 153-29-223

Virginia Bedford County Forest 24551

1740 Colby Dr, Forest, VA

Not Listed for Sale

Detached

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