NOT LISTED FOR SALE

2221 Colby Dr Forest, VA 24551

Estimated Value: $901,000 - $929,000

6 Beds
4 Baths
5,205 Sq Ft
$176/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $815,000 $157 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,069/month

80 Days on Market

Highlights

  • Spa
  • Ranch Style House
  • Whirlpool Bathtub
  • Living Room with Fireplace
  • Wood Flooring
  • Workshop

About This Home

As of June 2022

This immaculate home in the Somerset community is move-in ready for YOU! Enter the beautiful foyer to a cozy living room & formal dining room - both w/ gorgeous coffered ceilings. Head straight into the enormous family room w/ gas-log fireplace & built-ins. The kitchen & breakfast area w/ office nook provide sight lines to keep an eye on little ones. Granite countertops, tons of custom cabinetry, pot filler, & stainless steel appliances make this kitchen an entertainer's dream. The primary BR ensuite is privately located on the left wing w/ laundry convenient across the hall. 3 additional bedrooms on the right wing, each w/ their own access to bathrooms. The terrace level is perfect for an in-law suite or mature young adult apartment, w/ 2 BR, 1 BA, huge rec room, a wet bar w/ fridge, dishwasher, & more! Did I mention the 10+ acres, screened-in porch w/ gas-log fireplace & TV, stone patio w/ firepit, playground, & 3 car garage?! Too many details to share & not enough space! Let's go!

Last Agent to Sell the Property

Krystle Hicks

NextHome TwoFourFive License #0225236413 Listed on: 02/22/2022

NextHome TwoFourFive

Last Buyer's Agent

Josh Ballengee

ENRG REALTY License #0225197681

ENRG REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 2012

Lot Details

  • 10.46 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 5,205 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Storage Room

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

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

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Workshop

Home Security

  • Home Security System
  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

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

Additional Features

  • Spa
  • Property is near golf course

Listing and Financial Details

  • Assessor Parcel Number 15302100

Community Details

Overview

  • Association fees include grounds maintenance, neighborhood lights, playground, road maintenance, snow removal, tennis
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,898

Year Built

Built in 2012

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 10.4600
  • AssocFeeOptional: Required
  • Directions: From 460 E, take Right on New London Rd. Drive about 1 mile to Right on Somerset. After .5 mi, take Left onto Colby Dr. 2221 Colby Dr will be on the left after .32 mi.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 455638.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 15302100
  • Year Built: 2012
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Three-Zone or more
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Foyer Area: 64.000000
  • Laundryroom Dim: 5.000 x 12.000
  • Laundryroom Len: 5.000
  • Living Room Dim: 13.000 x 17.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 17.000
  • Masterbedroom Area: 234.000000
  • Master Bedroom Dim: 18.000 x 13.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 90.000000
  • Other Room1 Len: 10.000
  • Other Room2 Area: 432.000000
  • Other Room2 Len: 16.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (4 0)
  • Lower Floor 1 Bedrooms: 6
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: SOMERSET MEADOWS LOT 194 PB 53
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 17x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 170.000000
  • Third Bedroom: 12x14 Level: Level 1 Above Grade
  • Third Bedroom Area: 168.000000
  • Fourth Bedroom: 14x14 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 196.000000
  • Fifth Bedroom: 19x19 Level: Below Grade
  • Fifth Bedroom Area: 361.000000
  • Sixth Bedroom: 15x20 Level: Below Grade
  • Sixth Bedroom Area: 300.000000
  • Above Grade Finished Sq Ft: 2960.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Gas, Refrigerator, Wall Oven
  • Has Attic: Floored, Pull Down
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Workshop
  • Breakfast Area: 13x13 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Tile
  • Year Built Exception: 0
  • Family Room: 18x22 Level: Level 1 Above Grade
  • Fireplace: 3 Fireplaces, Gas Log, Leased Propane Tank, Living Room
  • Formal Dining: 12x13 Level: Level 1 Above Grade
  • Foyer: 8x8 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 3
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Security System, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Wet Bar, Whirlpool Tub
  • Dining Kitchen: 13x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 5x12 Level: Level 1 Above Grade
  • Living Room: 13x17 Level: Level 1 Above Grade
  • Master Bedroom: 18x13 Level: Level 1 Above Grade
  • Other Room 1: 10x9 Level: Below Grade
  • Other Room 2: 16x27 Level: Below Grade
  • Rec Room: 37x37 Level: Below Grade
  • Additional Room 1 Description: Wet Bar
  • Additional Room 2 Description: Storage Room
  • Screened Porch: 14x30 Level: Level 1 Above Grade
  • FamilyRoom Area: 396.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 195.000000
  • Laundry Room Area: 60.000000
  • LivingRoom Area: 221.000000
  • Est Other Room1 Dim: 10.000 x 9.000
  • Est Other Room2 Dim: 16.000 x 27.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 1369.000000
  • Rec Room Dim: 37.000 x 37.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 194
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Concrete Drive, Garden Space, Hot Tub, Landscaped, Screened Porch, Storm Windows, Tennis Courts Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 3 Car
  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 720.000000
  • Garage Dim: 24.000 x 30.000
  • GarageLen: 24.000
  • GarageWid: 30.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Three-Zone or More
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Grounds Maintenance, Neighborhood Lights, Playground, Road Maintenance, Snow Removal, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 5205.00

Tax Info

  • Estimated Taxes: 2898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Jun 16, 2022
Sold by
Griffin Ii Clifton H and Griffin Jennifer O
Bought by
Thompson Corey A and Thompson Shiree D
Seller's Agent
Krystle Hicks
NextHome TwoFourFive
Buyer's Agent
Josh Ballengee
ENRG REALTY
List Price
$899,900
Sold Price
$815,000
Premium/Discount to List
-$84,900
-9.43%
Current Estimated Value
$916,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,369
Avg. Annual Appreciation
3.35%
Original Mortgage
$489,000
Outstanding Balance
$465,285
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$451,084

Purchase Details

Listed on
Feb 22, 2022
Closed on
Jun 14, 2022
Sold by
Willis and Elizabeth
Bought by
Petrochko Robert J and Petrochko Joyce E
Seller's Agent
Krystle Hicks
NextHome TwoFourFive
Buyer's Agent
Josh Ballengee
ENRG REALTY
List Price
$899,900
Sold Price
$815,000
Premium/Discount to List
-$84,900
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Outstanding Balance
$465,285
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$451,084

Purchase Details

Closed on
Sep 14, 2012
Sold by
Thomas Builders Of Virginia Inc
Bought by
Willis Steven and Willis Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,043
Interest Rate
3.59%
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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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
Thompson Corey A $390,000 None Listed On Document
Petrochko Robert J $815,000 New Title Company Name
Willis Steven $350,000 Old Republic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrochko Robert J $489,000
Previous Owner Willis Steven $287,043
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $815,000 -9.4% $157 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $899,900 -- $173 / 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 $3,175 $774,500 $131,800 $642,700
2024 $3,175 $774,500 $131,800 $642,700
2023 $3,175 $387,250 $0 $0
2022 $2,898 $289,750 $0 $0
2021 $2,898 $579,500 $116,800 $462,700
2020 $2,898 $579,500 $116,800 $462,700
2019 $1,831 $579,500 $116,800 $462,700
2018 $2,786 $535,700 $111,800 $423,900
2017 $2,786 $535,700 $111,800 $423,900
2016 $2,786 $535,700 $111,800 $423,900
2015 $2,786 $535,700 $111,800 $423,900
2014 $2,670 $513,500 $111,800 $401,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Krystle Hicks

    NextHome TwoFourFive

    (434) 851-0004

    63 Total Sales

    Krystle Hicks
    Section Image
  • Josh Ballengee

    Buyer's Agent in 2022

    Josh Ballengee

    ENRG REALTY

    (434) 665-2103

    54 Total Sales

    Josh Ballengee
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 336484

APN: 152-A-21B

Virginia Bedford County Forest 24551

2221 Colby Dr, Forest, VA

Not Listed for Sale

Detached

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