NOT LISTED FOR SALE

1762 Colby Dr Forest, VA 24551

Estimated Value: $622,634 - $686,000

5 Beds
3.5 Baths
3,953 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 01, 2018

Last sale price $414,900 $105 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,874/month

125 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Workshop
  • Forest Middle School Rated A-
  • Main Floor Bedroom
  • 2-minute walk to The Flag Pole

About This Home

As of February 2018

Open House 10/1. STUNNING NEW Construction in desirable Somerset Meadows in Forest. Main Level Master, Open Floor Plan, Gorgeous Chef's Kitchen with stone island, granite, and stainless appliances. The Master Suite is huge with it's own fireplace, tile shower and over sized bathroom and walk in closet. Upstairs are three large bedrooms and large open sitting room. Terrace level is finished with full bath and endless opportunities. Large back deck with Trex decking leading to a gorgeous stamped patio for entertaining. OVER 4000 Finished Square feet and brand new construction for $415K. MUST SEE....will not last long.

Last Agent to Sell the Property

Jeffrey Sims

Legacy Realty and Development License #0225215227 Listed on: 09/28/2017

Co-Listed By

Cary Sims

Legacy Realty and Development License #0225202019

Last Buyer's Agent

Jeffrey Sims

Legacy Realty and Development License #0225215227 Listed on: 09/28/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 2017

Lot Details

  • 0.39 Acre Lot
  • Landscaped

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3,953 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior Basement Entry
  • Workshop

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
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

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

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,500

Year Built

Built in 2017

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: 460 W L on New London Rd. R on Somerset Meadows, R on Colby Dr. Home is on the left
  • Lot Measurement: Acres
  • Lot Sq Ft: 16988.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2017
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 16.000 x 13.000
  • Livingroom Len: 16.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 16.000 x 15.000
  • Masterbedroom Len: 16.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 176.000000
  • Other Room1 Len: 16.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows Sec 8 LT 224 PB 48/79
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 16x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 224.000000
  • Third Bedroom: 14x14 Level: Level 2 Above Grade
  • Third Bedroom Area: 196.000000
  • Fourth Bedroom: 17x14 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 238.000000
  • Fifth Bedroom: 13x13 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 169.000000
  • Above Grade Finished Sq Ft: 2895.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Pull Down, Storage Only
  • Has Basement: Finished, Heated, Interior Entrance, Walkout, Workshop
  • Breakfast Area: 14x9 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Wood
  • Year Built Exception: 0
  • Family Room: 23x18 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Gas Log, Great Room, Master Bedroom
  • Formal Dining: 15x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Workshop
  • Dining Kitchen: 19x14 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Living Room: 16x13 Level: Level 1 Above Grade
  • Master Bedroom: 16x15 Level: Level 1 Above Grade
  • Other Room 1: 16x11 Level: Below Grade
  • Rec Room: 25x16 Level: Below Grade
  • Additional Room 1 Description: workshop
  • FamilyRoom Area: 414.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 266.000000
  • LivingRoom Area: 208.000000
  • Est Other Room1 Dim: 16.000 x 11.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 400.000000
  • Rec Room Dim: 25.000 x 16.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 224
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Golf Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 480.000000
  • Garage Dim: 24.000 x 20.000
  • GarageLen: 24.000
  • GarageWid: 20.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Neighborhood Lights, Playground, Snow Removal, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 3953.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Jan 30, 2018
Sold by
Somerset Farms Llc A Virginia Limited Li
Bought by
Trent Larrie K and Trent Patricia P
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Jeffrey Sims
Legacy Realty and Development
List Price
$414,900
Sold Price
$414,900
Total Days on Market
125
Current Estimated Value
$654,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,259
Avg. Annual Appreciation
6.35%
Original Mortgage
$340,000
Outstanding Balance
$290,890
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$361,214
Source: Public Records

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Range of Values:

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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
Trent Larrie K $414,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trent Larrie K $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2018 02/01/18 Sold $414,900 0.0% $105 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
09/28/2017 09/28/17 For Sale $414,900 -- $105 / 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
2024 $2,223 $542,200 $70,000 $472,200
2023 $2,223 $271,100 $0 $0
2022 $2,101 $210,100 $0 $0
2021 $2,101 $420,200 $60,000 $360,200
2020 $2,101 $420,200 $60,000 $360,200
2019 $2,101 $420,200 $60,000 $360,200
2018 $2,096 $403,000 $55,000 $348,000
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

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 307907

APN: 90508049