NOT LISTED FOR SALE

2051 Colby Dr Forest, VA 24551

Estimated Value: $648,000 - $764,000

Studio
2.5 Baths
2,730 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 12, 2019

Last sale price $419,000 $153 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,790/month

185 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Tennis Courts
  • Wood Flooring
  • Whirlpool Bathtub
  • Formal Dining Room

About This Home

As of March 2019

Do Not miss this Bargain!! Construction nearly complete! Almost 3,000 Sq Ft in this beautiful open Floor Plan. 2-story den with fireplace, Wide Trim. Columns, Trey Ceiling, Coffered ceiling, Tile Floors, Hardwood flooring, Unique Granite countertops, exquisite backsplace, Whirlpool tub, walk in shower. Iron railings on stairs.

Last Agent to Sell the Property

Deborah Laughlin

Mustard Seed Realty License #0225170618 Listed on: 08/03/2018

Last Buyer's Agent

Thomas Wolcott

NextHome TwoFourFive License #0225104143

NextHome TwoFourFive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 0.78 Acre Lot
  • Landscaped

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2,730 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround

Laundry

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 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
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • FILLACRES: 0.7840
  • AssocFeeOptional: Required
  • Directions: Rt 460 to New London rd , left on Colby house past Rio on left
  • Internet Providers: Hughes.net, Satellite, Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 34151.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2018
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Estimated Completion: 2018-11-01
  • Foyer Area: 85.000000
  • Laundryroom Dim: 7.000 x 8.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 255.000000
  • Master Bedroom Dim: 15.000 x 17.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 17.000
  • Office Dim: 12.000 x 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows Sec 8 Lot 195
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Street Number Modifier: LOT 195
  • Second Bedroom: 13x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 12x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 144.000000
  • Fourth Bedroom: 12x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 2730.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec, Self Cleaning Oven
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Interior Entrance, Roughed in Bath, Walkout
  • Flooring: Carpet, Ceramic Tile, Wood
  • Year Built Exception: 0
  • Deck: 12x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Foyer: 5x17 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Great Room: 16x18 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Tile Bath(s), Drywall, Main Level Bedroom, Main Level Den, Separate Dining Room, Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 7x8 Level: Level 1 Above Grade
  • Master Bedroom: 15x17 Level: Level 1 Above Grade
  • Office: 12x12 Level: Level 2 Above Grade
  • Porch: 5x17 Level: Level 1 Above Grade
  • GreatRoom Area: 288.000000
  • Livinggreat Room Dim: 16.000 x 18.000
  • Kitchen Area: 144.000000
  • Laundry Room Area: 56.000000
  • Office Area: 144.000000
  • 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

  • Lot Number: 195
  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Concrete Drive, Landscaped, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Golf Nearby

Garage/Parking

  • Garage Spaces: Garage Door Opener
  • Garage Area: 528.000000
  • Garage Dim: 22.000 x 24.000
  • GarageLen: 22.000
  • GarageWid: 24.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 300.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 2730.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Feb 26, 2019
Sold by
J C Laughlin Builder Inc
Bought by
Barai Kunal and Barai Richa
Seller's Agent
Deborah Laughlin
Mustard Seed Realty
Buyer's Agent
Thomas Wolcott
NextHome TwoFourFive
List Price
$415,900
Sold Price
$419,000
Premium/Discount to List
$3,100
0.75%
Current Estimated Value
$686,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,775
Avg. Annual Appreciation
7.51%
Original Mortgage
$406,430
Outstanding Balance
$357,321
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$329,454

Purchase Details

Closed on
Jun 16, 2017
Sold by
Mathews Thomas Andrew and Mathews Leslie A
Bought by
J C Laughlin Builder Inc A Virginia Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Barai Kunal $419,000 Reliance Title & Settlement
J C Laughlin Builder Inc A Virginia Corp $47,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barai Kunal $406,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2019 03/12/19 Sold $419,000 +0.7% $153 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
08/03/2018 08/03/18 For Sale $415,900 -- $152 / 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 $2,140 $521,900 $70,000 $451,900
2024 $2,140 $521,900 $70,000 $451,900
2023 $2,140 $260,950 $0 $0
2022 $1,925 $192,500 $0 $0
2021 $1,925 $385,000 $60,000 $325,000
2020 $1,925 $385,000 $60,000 $325,000
2019 $1,749 $349,700 $60,000 $289,700
2018 $260 $50,000 $50,000 $0
2017 $260 $50,000 $50,000 $0
2016 $260 $50,000 $50,000 $0
2015 $260 $50,000 $50,000 $0
2014 $260 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Deborah Laughlin

    Mustard Seed Realty

    (434) 401-1577

    5 Total Sales

    Deborah Laughlin
    Section Image

  • T

    Buyer's Agent in 2019

    Thomas Wolcott

    NextHome TwoFourFive

    (434) 382-1828

    99 Total Sales

    Thomas Wolcott
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 313582

APN: 152-17-195

Virginia Bedford County Forest 24551

2051 Colby Dr, Forest, VA

Not Listed for Sale

Detached

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