NOT LISTED FOR SALE

1994 Colby Dr Forest, VA 24551

Estimated Value: $586,000 - $663,000

4 Beds
2.5 Baths
2,322 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $419,900 $181 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,641/month

19 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Tennis Courts
  • Forest Middle School Rated A-
  • Great Room with Fireplace
  • Formal Dining Room

About This Home

As of July 2020

Welcome home to 1994 Colby Drive in the highly sought after Somerset Meadows neighborhood in Forest - located across from London Downs Golf Course and less than a mile from 460. This home was custom built for the current owners and no detail has been overlooked. The main level offers a great room that opens to the well appointed kitchen with granite counters, stainless appliances & pantry, main level master suite with 3 walk-in closets & oversized tile shower, formal dining room, hardwood floors, and 9' ceilings. The second floor offers 3 spacious bedrooms (one with vaulted ceilings and a walk-in closet) and a full bath. If additional space is needed, the full unfinished walk out basement is roughed in for a bathroom and gives you plenty of space for storage and future expansion. The exterior of the home is perfect for entertaining with a rear patio overlooking the level backyard, separate grilling patio, covered front porch, mature landscaping and low voltage landscape lighting.

Last Agent to Sell the Property

Michael Misjuns

Century 21 ALL-SERVICE License #0225096832 Listed on: 06/05/2020

Century 21 ALL-SERVICE

Last Buyer's Agent

Yvonne Jansen

Lynchburg's Finest Team LLC License #0225194075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 2014

Lot Details

  • 0.99 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Shingle Roof

Interior Spaces

  • 2,322 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • 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

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 90508060

Community Details

Overview

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

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Directions: 460 to New London Road (Sheetz) to R on Somerset Drive to R on Colby Drive to home on L.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 43124.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90508060
  • Year Built: 2014
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 91.000000
  • Laundryroom Dim: 6.000 x 5.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 312.000000
  • Master Bedroom Dim: 24.000 x 13.000
  • Masterbedroom Len: 24.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows SEC 8 LT 235 PB 48/79
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 17x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 204.000000
  • Fourth Bedroom: 22x10 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 220.000000
  • Above Grade Finished Sq Ft: 2322.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Heated, Interior Entrance, Roughed in Bath, Walkout
  • Breakfast Area: 10x7 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Foyer: 13x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 18x15 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 13x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 6x5 Level: Level 1 Above Grade
  • Master Bedroom: 24x13 Level: Level 1 Above Grade
  • Porch: 20x5 Level: Level 1 Above Grade
  • GreatRoom Area: 270.000000
  • Livinggreat Room Dim: 18.000 x 15.000
  • Kitchen Area: 130.000000
  • Laundry Room Area: 30.000000
  • 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, Garden Space, Landscaped, Insulated Glass, Tennis Courts Nearby, Golf Nearby
  • Patio: 15x12 Level:

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 418.000000
  • Garage Dim: 22.000 x 19.000
  • GarageLen: 22.000
  • GarageWid: 19.000

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 Includes: Neighborhood Lights, Other, Playground, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 488.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 2322.00

Tax Info

  • Estimated Taxes: 1658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Jul 3, 2014
Sold by
J C Laughlin Builder Inc
Bought by
Martin Ii William R and Martin Tanya Gail
Seller's Agent
Michael Misjuns
Century 21 ALL-SERVICE
Buyer's Agent
Michael Misjuns
Century 21 ALL-SERVICE
List Price
$324,900
Sold Price
$324,900
Total Days on Market
19
Current Estimated Value
$616,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,013
Avg. Annual Appreciation
6.06%
Original Mortgage
$308,600
Outstanding Balance
$238,117
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$378,796

Purchase Details

Closed on
Jan 30, 2014
Sold by
Campbell Frederick Patrick
Bought by
J C Laughlin Builder Inc

Purchase Details

Closed on
Jan 29, 2014
Sold by
Somerset Farms Llc and Hubbard Jeffrey B
Bought by
Campbell Frederick Patrick
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
Martin Ii William R $324,900 Virginia Title Center Llc
J C Laughlin Builder Inc $40,000 None Available
Campbell Frederick Patrick $69,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salois Jason M $160,000
Open Martin Ii William R $308,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $419,900 0.0% $181 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $419,900 +29.2% $181 / Sq Ft
07/15/2014 07/15/14 Sold $324,900 0.0% $139 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $324,900 -- $139 / 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 $2,135 $520,700 $70,000 $450,700
2023 $2,135 $260,350 $0 $0
2022 $1,658 $165,750 $0 $0
2021 $1,658 $331,500 $60,000 $271,500
2020 $1,658 $331,500 $60,000 $271,500
2019 $1,658 $331,500 $60,000 $271,500
2018 $1,658 $318,900 $55,000 $263,900
2017 $1,658 $318,900 $55,000 $263,900
2016 $1,658 $318,900 $55,000 $263,900
2015 $1,658 $318,900 $55,000 $263,900
2014 $260 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Misjuns

    Seller's Agent in 2020

    Michael Misjuns

    Century 21 ALL-SERVICE

    (434) 509-5529

    214 Total Sales

    Michael Misjuns
    Section Image
  • Yvonne Jansen

    Buyer's Agent in 2020

    Yvonne Jansen

    Lynchburg's Finest Team LLC

    (434) 509-0201

    83 Total Sales

    Section Image

  • O

    Seller Co-Listing Agent in 2014

    O.J. Misjuns

    Century 21 ALL-SERVICE

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325362

APN: 90508060

Virginia Bedford County Forest 24551

1994 Colby Dr, Forest, VA

This home is located at 1994 Colby Dr, Forest, VA 24551 since 05 June 2020 and is currently estimated at $616,913, approximately $265 per square foot. This property was built in 2014. 1994 Colby Dr is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

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