$419,900
SOLD JUL 24, 2020

1994 Colby Dr Forest, VA 24551

4 Beds
2.5 Baths
2,322 Sq Ft
0.99 Acres

Recently Sold

$181 Per Sq Ft

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

  • FILLACRES: 0.9900
  • 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
Current Estimated Value
$626,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,289
Avg. Annual Appreciation
6.02%
Original Mortgage
$308,600
Outstanding Balance
$234,708
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$391,481

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

Range of Values:

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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 Type Sale Price Title Company
Deed $324,900 Virginia Title Center Llc
Deed $40,000 None Available
Deed $69,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,600 New Conventional
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
2025 $2,135 $520,700 $70,000 $450,700
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

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325362

APN: 152-17-235