1885 Colby Dr Forest, VA 24551
Estimated Value: $593,000 - $717,000
5
Beds
3.5
Baths
4,107
Sq Ft
$154/Sq Ft
Est. Value
Highlights
- Creek or Stream View
- Contemporary Architecture
- Main Floor Bedroom
- Forest Middle School Rated A-
- Wood Flooring
- 4-minute walk to The Flag Pole
About This Home
As of May 2016MAIN LEVEL LIVING - Stunning custom built home in beautiful Somerset Meadows. Main level master suite plus second bed and full bath on main level. Bright open floor plan, beautiful archways inside and gorgeous chef's kitchen. Large private back yard and huge over-sized and partially covered deck. Granite and tile in all bathrooms. Finished terrace level with endless opportunities. Tons of storage. This is a must see and priced to sell.
Last Agent to Sell the Property
Legacy Realty and Development License #0225215227 Listed on: 03/07/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,100
Year Built
- Built in 2008
Lot Details
- 0.94 Acre Lot
- Landscaped
HOA Fees
- $17 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Shingle Roof
Interior Spaces
- 4,107 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Great Room
- Formal Dining Room
- Workshop
- Creek or Stream Views
- Fire and Smoke Detector
Kitchen
- Double Self-Cleaning Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- Whirlpool Bathtub
- Bathtub Includes Tile Surround
Laundry
- Laundry Room
- Laundry on main level
Attic
- Attic Floors
- Attic Access Panel
Finished Basement
- Walk-Out Basement
- Exterior Basement Entry
- Fireplace in Basement
Location
- Property is near a golf course
Schools
- New London Academy Elementary School
- Forest Midl Middle School
- Jefferson Forest-Hs High School
Utilities
- Zoned Cooling
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
Recreation
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2024
Sold by
Craig Kenneth B and Craig Susan A
Bought by
Craig Joint Revocable Trust and Craig
Total Days on Market
56
Current Estimated Value
Purchase Details
Listed on
Mar 7, 2016
Closed on
May 4, 2016
Sold by
Wray Gloria
Bought by
Craig Kenneth B and Craig Susan A
Seller's Agent
Jeffrey Sims
Legacy Realty and Development
Buyer's Agent
Cary Sims
Legacy Realty and Development
List Price
$429,000
Sold Price
$419,000
Premium/Discount to List
-$10,000
-2.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$219,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2010
Sold by
Pnc Mortgage
Bought by
Wray Donald and Wray Gloria
Purchase Details
Closed on
Mar 22, 2010
Sold by
Mahmood Faisal
Bought by
Pnc Mortgage
Purchase Details
Closed on
May 9, 2007
Sold by
Somerest Farms Llc
Bought by
Hahmood Faisal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,500
Interest Rate
8.5%
Mortgage Type
Construction
Similar Homes in Forest, VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Craig Joint Revocable Trust | -- | None Listed On Document | |
| Craig Kenneth B | $419,000 | Settlement Services | |
| Wray Donald | $195,000 | None Available | |
| Pnc Mortgage | $307,350 | None Available | |
| Hahmood Faisal | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Craig Kenneth B | $219,000 | |
| Previous Owner | Hahmood Faisal | $418,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2016 05/19/16 | Sold | $419,000 | -2.3% | $102 / Sq Ft |
| 05/02/2016 05/02/16 | Pending | -- | -- | -- |
| 03/07/2016 03/07/16 | For Sale | $429,000 | -- | $104 / Sq Ft |
Source: Lynchburg Association of REALTORS®
Tax History Compared to Growth
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 | $2,238 | $545,900 | $70,000 | $475,900 |
| 2023 | $2,238 | $272,950 | $0 | $0 |
| 2022 | $2,035 | $203,500 | $0 | $0 |
| 2021 | $2,035 | $407,000 | $60,000 | $347,000 |
| 2020 | $2,035 | $407,000 | $60,000 | $347,000 |
| 2019 | $2,035 | $407,000 | $60,000 | $347,000 |
| 2018 | $1,867 | $359,000 | $55,000 | $304,000 |
| 2017 | $1,867 | $359,000 | $55,000 | $304,000 |
| 2016 | $1,867 | $359,000 | $55,000 | $304,000 |
| 2015 | $1,867 | $359,000 | $55,000 | $304,000 |
| 2014 | $1,909 | $367,100 | $55,000 | $312,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Sims
Seller's Agent in 2016
Jeffrey Sims
Legacy Realty and Development
(434) 258-4751
212 Total Sales
-
Cary Sims
Seller Co-Listing Agent in 2016
Cary Sims
Legacy Realty and Development
(434) 841-3576
63 Total Sales
-
June Smith
J
Buyer Co-Listing Agent in 2016
June Smith
Legacy Realty and Development
(804) 402-3725
79 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 297003
APN: 90508029
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