NOT LISTED FOR SALE

1893 Colby Dr Forest, VA 24551

Estimated Value: $566,720 - $640,000

4 Beds
4.5 Baths
4,728 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $409,900 $87 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,239/month

5 Days on Market

Highlights

  • Ski Accessible
  • Wood Flooring
  • Tennis Courts
  • Creek or Stream View
  • Whirlpool Bathtub
  • 5-minute walk to The Flag Pole

About This Home

As of June 2020

This Stately, 2-Story home is situated in the coveted Somerset Meadows neighborhood. Rich hardwood floors flow through main level. Bright 2 story foyer flanked by formal dining room and sitting room or office. Kitchen boasts a large island, flat top stove, stainless steel appliances and huge pantry. Breakfast Area opens to living Room w/ gas-log fireplace. Access screened in porch and deck from Kitchen & Living Room. Upstairs you'll find a spacious master suite with tray ceilings, private sitting room and walk-in closet. Second Master with en-suite, two more bedrooms, full bath and convenient second floor Laundry with sink and built-in cabinets. Subdivision offers 2 Tennis Courts, a Playground and several miles of Walking Trails. Conveniently located to Rt 460 and just a short distance to Bedford, Lynchburg, the Airport, Liberty University, London Downs Golf Course, and an abundance of shopping & dining!

Last Agent to Sell the Property

Michele Jordan

Realty ONE Group Leading Edge License #0225080927 Listed on: 05/01/2020

Realty ONE Group Leading Edge

Last Buyer's Agent

Jeremiah Cochenour

Mark A. Dalton & Co., Inc. License #0225203013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 2008

Lot Details

  • 0.96 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 4,728 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Creek or Stream Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Sump Pump

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Location

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

Listing and Financial Details

  • Assessor Parcel Number 90508028

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,100

Year Built

Built in 2008

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • FILLACRES: 0.9600
  • AssocFeeOptional: Required
  • Directions: Route 460 to New London Rd, turn into Somerset. Turn Left onto Colby, home will be on the Left (or turn Right on Colby and home is on the Right) with sign in yard.
  • Internet Providers: Satellite, Verizon, Other
  • Lot Measurement: Acres
  • Lot Sq Ft: 41818.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90508028
  • Year Built: 2008
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 168.187500
  • Laundryroom Dim: 11.750 x 7.750
  • Laundryroom Len: 11.750
  • Living Room Dim: 22.000 x 16.000
  • Livingroom Len: 22.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 295.312500
  • Master Bedroom Dim: 18.750 x 15.750
  • Masterbedroom Len: 18.750
  • Masterbedroom Wid: 15.750
  • Office Dim: 15.250 x 12.000
  • Other Room1 Area: 121.000000
  • Other Room1 Len: 11.000
  • Other Room2 Area: 176.250000
  • Other Room2 Len: 15.000
  • Other Room3 Area: 96.750000
  • Other Room3 Len: 10.750
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows, Sec 8, Lot 203, PB 48/79
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 12.75x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 153.000000
  • Fourth Bedroom: 13x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 156.000000
  • Above Grade Finished Sq Ft: 3280.00
  • ApplianceConvey: Dishwasher, Microwave, Refrigerator, Other
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Poured Concrete, Sump Pump, Walkout
  • Breakfast Area: 12.50x11.75 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Deck: 13.50x11.50 Level: Level 1 Above Grade
  • Family Room: 32x15.25 Level: Below Grade
  • Fireplace: 1 Fireplace, Gas Log, Living Room
  • Formal Dining: 15.25x11 Level: Level 1 Above Grade
  • Foyer: 17.25x9.75 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 3
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 16.75x12.25 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Second Floor, Separate Laundry Rm., Washer Connections
  • Laundry Room: 11.75x7.75 Level: Level 2 Above Grade
  • Living Room: 22x16 Level: Level 1 Above Grade
  • Master Bedroom: 18.75x15.75 Level: Level 2 Above Grade
  • Office: 15.25x12 Level: Level 1 Above Grade
  • Other Room 1: 11x11 Level: Level 2 Above Grade
  • Other Room 2: 15x11.75 Level: Below Grade
  • Other Room 3: 10.75x9 Level: Below Grade
  • Additional Room 1 Description: Sitting Room w/n MBR
  • Additional Room 2 Description: Office or Bedroom
  • Additional Room 3 Description: Room w/ En Suite
  • Screened Porch: 18x12.50 Level: Level 1 Above Grade
  • FamilyRoom Area: 488.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 205.187500
  • Laundry Room Area: 91.062500
  • LivingRoom Area: 352.000000
  • Office Area: 183.000000
  • Est Other Room1 Dim: 11.000 x 11.000
  • Est Other Room2 Dim: 15.000 x 11.750
  • Est Other Room3 Dim: 10.750 x 9.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 203
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Landscaped, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Stream/Creek, Golf Nearby, Ski Slope Nearby
  • Patio: 17.75x13.75 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 500.500000
  • Garage Dim: 22.750 x 22.000
  • GarageLen: 22.750
  • GarageWid: 22.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County
  • 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: 450.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 4728.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Vaughn Ryan P and Vaughn Catherine P
Bought by
Vaughn Ryan P and Vaughn Catherine P
Current Estimated Value
$587,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$62,852
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$525,078

Purchase Details

Closed on
Mar 30, 2011
Sold by
Cox David G
Bought by
Vaughn Ryan P and Vaughn Catherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,975
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2006
Sold by
Gage Michael L and Gage Carol Mechelle
Bought by
Cox David G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,900
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 11, 2006
Sold by
Hughes Steven D and Hughes Cynthia C
Bought by
Gage Michael L and Gage Carol Mechelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,800
Interest Rate
6.34%
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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Purchase History

Date Buyer Sale Price Title Company
Vaughn Ryan P -- Olaughlin Brian
Vaughn Ryan P $287,000 None Available
Cox David G -- Acquistion Title
Gage Michael L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Ryan P $100,000
Previous Owner Vaughn Ryan P $249,975
Previous Owner Cox David G $324,900
Previous Owner Gage Michael L $286,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Sold $409,900 -1.2% $87 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $415,000 -- $88 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $1,778 $433,600 $90,000 $343,600
2024 $1,778 $433,600 $90,000 $343,600
2023 $1,778 $216,800 $0 $0
2022 $1,614 $161,400 $0 $0
2021 $1,614 $322,800 $60,000 $262,800
2020 $1,614 $322,800 $60,000 $262,800
2019 $1,614 $322,800 $60,000 $262,800
2018 $1,576 $303,100 $50,000 $253,100
2017 $1,576 $303,100 $50,000 $253,100
2016 $1,576 $303,100 $50,000 $253,100
2015 $1,576 $303,100 $50,000 $253,100
2014 $1,595 $306,700 $48,000 $258,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324687

APN: 97-13-6