NOT LISTED FOR SALE

1771 Colby Dr Forest, VA 24551

Estimated Value: $641,262 - $710,000

5 Beds
3 Baths
3,703 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $599,000 $162 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,786/month

78 Days on Market

Highlights

  • Ranch Style House
  • Double Oven
  • En-Suite Primary Bedroom
  • Screened Porch
  • Laundry Room
  • 2-minute walk to The Flag Pole

About This Home

As of June 2023

Stunning all brick ranch with in desirable Somerset Meadows neighborhood in Forest. Main-level living at it's finest. Beautiful master suite with luxurious bathroom, tile shower, triple vanity, huge closet. Three additional main level bedrooms . Open floor plan, Gorgeous Chef's Kitchen with lighted glass cabinets, stainless appliances, gas stove and much more. Large laundry room with new $3k washer and dryer convey. Over-sized Garage, walk out terrace level has kitchen, finished full bath, bedroom, and huge game room or man-cave plus large unfinished room for storage or additional living space. Large back porch with composite decking. Screened in porch under deck. One acre lot. Neighborhood has walking trails, tennis courts, and playground for the kids. Easy access right off 460. Open house Sunday 2/26 2-4pm. A MUST SEE!

Last Agent to Sell the Property

Jeffrey Sims

Legacy Realty and Development License #0225215227 Listed on: 02/23/2023

Last Buyer's Agent

Pamela Pelletier

NextHome TwoFourFive License #0225251662

NextHome TwoFourFive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 2019

Lot Details

  • 0.98 Acre Lot
  • Landscaped

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 3,703 Sq Ft Home
  • Ceiling Fan
  • Screened Porch
  • Attic Access Panel

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Laundry

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

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Apartment Living Space in Basement

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Association fees include grounds maintenance, playground, tennis

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 2019

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • FILLACRES: 0.9800
  • AssocFeeOptional: Required
  • Directions: Somerset Drive to Colby
  • Lot Measurement: Acres
  • Lot Sq Ft: 42689.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2019
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 6.000 x 7.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 0.000 x 0.000
  • 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
  • Special Features: None
  • 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 210 PB 48/79
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x14 Level: Level 1 Above Grade
  • Second Bedroom Area: 196.000000
  • Third Bedroom: 13x13 Level: Level 1 Above Grade
  • Third Bedroom Area: 169.000000
  • Fourth Bedroom: 13x14 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 182.000000
  • Fifth Bedroom: 16x12 Level: Below Grade
  • Fifth Bedroom Area: 192.000000
  • Above Grade Finished Sq Ft: 2068.00
  • ApplianceConvey: Cooktop, Dishwasher, Double Oven, Dryer, Refrigerator, Washer
  • Has Attic: Access
  • Has Basement: Apartment, Exterior Entrance, Finished, Heated, Poured Concrete, Walkout
  • Breakfast Area: 9x9 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Year Built Exception: 0
  • Deck: 17x11 Level: Level 1 Above Grade
  • Family Room: 16x18 Level: Level 1 Above Grade
  • Formal Dining: 14x13 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Connections, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Pantry, Tile Bath(s)
  • Dining Kitchen: 20x10 Level: Level 1 Above Grade
  • Laundry: Laundry Room, Main Level
  • Laundry Room: 6x7 Level: Level 1 Above Grade
  • Master Bedroom: 16x15 Level: Level 1 Above Grade
  • Screened Porch: 20x10 Level: Below Grade
  • FamilyRoom Area: 288.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 200.000000
  • Laundry Room Area: 42.000000
  • 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, Landscaped, Screened Porch

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Area: 484.000000
  • Garage Dim: 22.000 x 22.000
  • GarageLen: 22.000
  • GarageWid: 22.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Grounds Maintenance, Playground, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 460.00

Schools

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

Lot Info

  • Lot Sq Ft: 3703.00

Tax Info

  • Estimated Taxes: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 9, 2023
Sold by
Harris Jane
Bought by
Cornwell Joshua and Cornwell Rebekah D
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Pamela Pelletier
NextHome TwoFourFive
List Price
$689,000
Sold Price
$599,000
Premium/Discount to List
-$90,000
-13.06%
Views
136
Current Estimated Value
$681,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,066
Avg. Annual Appreciation
5.12%
Original Mortgage
$581,030
Outstanding Balance
$565,606
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$115,460

Purchase Details

Listed on
Feb 23, 2023
Closed on
Jun 7, 2023
Sold by
Harris Jane
Bought by
Harris Jane and Harris Jane
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Pamela Pelletier
NextHome TwoFourFive
List Price
$689,000
Sold Price
$599,000
Premium/Discount to List
-$90,000
-13.06%
Views
136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,030
Outstanding Balance
$565,606
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$115,460

Purchase Details

Closed on
Dec 4, 2020
Sold by
Harris Mark J and Harris Jane
Bought by
Harris Jane

Purchase Details

Listed on
Jul 12, 2019
Closed on
Dec 4, 2019
Sold by
Harris Jane
Bought by
Harris Jane and Harris Mark J
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Jeffrey Sims
Legacy Realty and Development
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%

Purchase Details

Listed on
Jul 12, 2019
Closed on
Sep 19, 2019
Sold by
Equity Enterprises 1984 Llc
Bought by
Harris Mark J and Harris Jane
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Jeffrey Sims
Legacy Realty and Development
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%

Purchase Details

Closed on
Mar 8, 2019
Sold by
Somerset Farms Llc
Bought by
Equity Enterprises 1984 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cornwell Joshua $599,000 Performance Title
Harris Jane -- None Listed On Document
Harris Jane -- None Listed On Document
Harris Jane -- None Listed On Document
Harris Mark J $420,000 Attorney
Equity Enterprises 1984 Llc $47,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornwell Joshua $581,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2023 06/12/23 Sold $599,000 0.0% $162 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
05/11/2023 05/11/23 Price Changed $599,000 -4.8% $162 / Sq Ft
04/18/2023 04/18/23 Price Changed $629,000 -3.1% $170 / Sq Ft
03/21/2023 03/21/23 Price Changed $649,000 -4.4% $175 / Sq Ft
03/06/2023 03/06/23 Price Changed $679,000 -1.5% $183 / Sq Ft
02/23/2023 02/23/23 For Sale $689,000 +64.0% $186 / Sq Ft
10/09/2019 10/09/19 Sold $420,000 -4.3% $114 / Sq Ft View Prior Sale
08/18/2019 08/18/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $439,000 -- $119 / 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 $2,288 $558,000 $70,000 $488,000
2024 $2,288 $558,000 $70,000 $488,000
2023 $2,288 $279,000 $0 $0
2022 $2,055 $205,450 $0 $0
2021 $2,055 $410,900 $60,000 $350,900
2020 $2,055 $410,900 $60,000 $350,900
2019 $375 $75,000 $60,000 $15,000
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

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 342733

APN: 152-17-210