NOT LISTED FOR SALE

1864 Colby Dr Forest, VA 24551

Estimated Value: $512,120 - $650,000

3 Beds
2.5 Baths
2,403 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $387,000 $161 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,396/month

112 Days on Market

Highlights

  • Tennis Courts
  • Secluded Lot
  • Wood Flooring
  • Forest Middle School Rated A-
  • Ranch Style House
  • 4-minute walk to The Flag Pole

About This Home

As of June 2020

Beautiful custom built home in Somerset Meadows. 3bedrooms 2.5 baths. Master suite with whirlpool tub, tiled shower and his and hers walk-in closets. Bamboo flooring throughout with coffered ceilings. Formal dining room has 14 ft ceiling. Chefs kitchen with high end appliances including double ovens, lots of cabinets and granite. Upgraded brick and mortar color. Fenced in yard with large private patio. 2 plus years extended warranty transferable from First American. Oversized garage with 14x5 storage closet.Large attic with high ceilings could be finished for extra living space. Dual heat pumps for maximum comfort on both wings of the home. Lots of upgrades with this amazing property.

Last Agent to Sell the Property

Donna Jordan

TMoore Real Estate Group LLC License #0225103877 Listed on: 01/24/2020

Co-Listed By

Rosie Gantt

Century 21 ALL-SERVICE License #0225059549

Last Buyer's Agent

Stacy Powell

Keller Williams License #0225225057

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,608

Year Built

  • Built in 2017

Lot Details

  • 0.48 Acre Lot
  • Fenced Yard
  • Landscaped
  • Secluded Lot

HOA Fees

  • $40 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,403 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Double Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround

Laundry

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

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Tennis Courts
  • Property is near a golf course

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 90508054

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,608

Year Built

Built in 2017

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Directions: 460 to New London Road to right on Somerset to left on Colby house on right
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 20909.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90508054
  • Year Built: 2017
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 68.250000
  • Laundryroom Dim: 8.000 x 7.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 124.230000
  • Other Room1 Len: 10.100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: SOMERSET MEADOWS SEC 8 LT 229 PB 48/79
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12.10x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 133.100000
  • Third Bedroom: 13.30x10.10 Level: Level 1 Above Grade
  • Third Bedroom Area: 134.330000
  • Above Grade Finished Sq Ft: 2403.00
  • ApplianceConvey: Convection, Cooktop, Dishwasher, Disposal, Double Oven, Microwave, Refrigerator, Self Cleaning Oven
  • Has Attic: Pull Down, Roughed In, Storage Only
  • Has Basement: Crawl Space
  • Flooring: Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Foyer: 10.50x6.50 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 21x15 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 11.50x21 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 8x7 Level: Level 1 Above Grade
  • Master Bedroom: 15x13 Level: Level 1 Above Grade
  • Other Room 1: 10.10x12.30 Level: Level 1 Above Grade
  • Porch: 30x7 Level: Level 1 Above Grade
  • Additional Room 1 Description: office/ living room
  • GreatRoom Area: 315.000000
  • Livinggreat Room Dim: 21.000 x 15.000
  • Kitchen Area: 241.500000
  • Laundry Room Area: 56.000000
  • Est Other Room1 Dim: 10.100 x 12.300
  • 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

  • Lot Number: 229
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Fenced Yard, Landscaped, Secluded Lot, Tennis Courts, Undergrnd Utilities, Golf Nearby
  • Patio: 26x10 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 546.000000
  • Garage Dim: 26.000 x 21.000
  • GarageLen: 26.000
  • GarageWid: 21.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County, Other
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Neighborhood Lights, Playground, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 480.00
  • Subdivision Complex: Somerset Meadows

Schools

  • School District: Bedford
  • Elementary School #2: Forest Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2403.00

Tax Info

  • Estimated Taxes: 1608

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2017
Sold by
J C Laughlin Builders Inc
Bought by
Metz Karen C
Total Days on Market
112
Current Estimated Value
$570,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.1%
Mortgage Type
Non Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2016
Sold by
Somerset Farms Llc A Virginia Limited Li
Bought by
J C Laughlin Builder Inc A Virginia Corp
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
Metz Karen C $320,000 Absolute Title & Settlement
J C Laughlin Builder Inc A Virginia Corp $49,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheatwood Bruce C $309,600
Closed Metz Karen C $120,000
Closed Metz Karen C $223,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2020 06/25/20 Sold $387,000 -10.0% $161 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $429,900 -- $179 / 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 $1,818 $443,300 $70,000 $373,300
2023 $1,818 $221,650 $0 $0
2022 $1,608 $160,800 $0 $0
2021 $1,608 $321,600 $60,000 $261,600
2020 $1,608 $321,600 $60,000 $261,600
2019 $1,001 $321,600 $60,000 $261,600
2018 $1,610 $309,600 $55,000 $254,600
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: 322917

APN: 90508054