2003 Colby Dr Forest, VA 24551
Estimated payment $3,877/month
Highlights
- Cape Cod Architecture
- Vaulted Ceiling
- Den
- Multiple Fireplaces
- Wood Flooring
- Formal Dining Room
About This Home
Price Improvement. Umatched Value! This one owner home perfectly situated in the heart of Forest only a mile from premier golf course, London Downs, 45 minutes to Smith Mountain Lake! Offering a wonderful blend of comfort and convenience, 5 bedrooms, 3 1/2 baths. Features that will Wow any buyer. Great room w/ vaulted ceiling, limestone gas log fp. Step in from the 2 car garage to a fabulous kitchen w/ top of the line appliances, granite countertops opening to a breakfast and keeping room w/ vaulted ceilings and another beautiful limestone fireplace. Have coffee on the deck overlooking a park like yard w/ a babbling creek. The 27 ft long MAIN LEVEL master suite is the ultimate in comfort and relaxation. Newly completed lower level family room, office, bedroom, full bath, will not disappoint! Custom features include hand forged iron balusters, copper roof accents, Jeldwen Solid Core doors, custom shelving in all closets, commercial grade gutter system, 250G underground propane tank.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,825
Year Built
- Built in 2010
Lot Details
- 27,443 Sq Ft Lot
- Landscaped
- Property is zoned R1
HOA Fees
- $40 Monthly HOA Fees
Parking
- Garage
Home Design
- Cape Cod Architecture
- Poured Concrete
- Shingle Roof
Interior Spaces
- 3,549 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Wired For Sound
- Vaulted Ceiling
- Ceiling Fan
- Multiple Fireplaces
- Gas Log Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Den
- Scuttle Attic Hole
- Fire and Smoke Detector
Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Bathtub Includes Tile Surround
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Location
- Property is near golf course
Schools
- New London Academy Elementary School
- Forest Midl Middle School
- Jefferson Forest-Hs High School
Utilities
- Zoned Heating
- Heat Pump System
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 152-17-197
Community Details
Overview
- Association fees include neighborhood lights, playground
- Somerset Meadows Subdivision
Building Details
- Net Lease
Map
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 | $1,825 | $445,200 | $70,000 | $375,200 |
| 2024 | $1,825 | $445,200 | $70,000 | $375,200 |
| 2023 | $1,825 | $222,600 | $0 | $0 |
| 2022 | $1,653 | $165,300 | $0 | $0 |
| 2021 | $1,653 | $330,600 | $60,000 | $270,600 |
| 2020 | $1,653 | $330,600 | $60,000 | $270,600 |
| 2019 | $1,653 | $330,600 | $60,000 | $270,600 |
| 2018 | $1,660 | $319,200 | $55,000 | $264,200 |
| 2017 | $1,660 | $319,200 | $55,000 | $264,200 |
| 2016 | $1,660 | $319,200 | $55,000 | $264,200 |
| 2015 | $1,660 | $319,200 | $55,000 | $264,200 |
| 2014 | $1,666 | $320,300 | $55,000 | $265,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2026 04/07/26 | Pending | -- | -- | -- |
| 03/12/2026 03/12/26 | Price Changed | $699,900 | -3.4% | $197 / Sq Ft |
| 02/09/2026 02/09/26 | For Sale | $724,900 | -- | $204 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $200,000 | Future Advance Clause Open End Mortgage |
Source: Lynchburg Association of REALTORS®
MLS Number: 364428
APN: 152-17-197
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Ask me questions while you tour the home.