2221 Colby Dr Forest, VA 24551
Estimated Value: $802,000 - $918,000
6
Beds
4
Baths
5,205
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- Spa
- Living Room with Fireplace
- Wood Flooring
- Forest Middle School Rated A-
- Ranch Style House
- Whirlpool Bathtub
About This Home
As of June 2022This 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
NextHome TwoFourFive License #0225236413 Listed on: 02/22/2022
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 a 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
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
Elite Realty
List Price
$899,900
Sold Price
$815,000
Premium/Discount to List
-$84,900
-9.43%
Total Days on Market
80
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,301
Avg. Annual Appreciation
0.65%
Original Mortgage
$489,000
Outstanding Balance
$468,557
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$362,283
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
Elite 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
$468,557
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$362,283
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
Similar Homes in Forest, VA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $279,000 | |
| Open | Petrochko Robert J | $489,000 | |
| Previous Owner | Willis Steven W | $290,000 | |
| Previous Owner | Willis Steven | $100,000 | |
| Previous Owner | Willis Steven | $287,043 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
-
Krystle Hicks
K
Seller's Agent in 2022
Krystle Hicks
NextHome TwoFourFive
(434) 851-0004
67 Total Sales
-
Josh Ballengee
Buyer's Agent in 2022
Josh Ballengee
Elite Realty
(434) 665-2103
56 Total Sales
Map
Source: Lynchburg Association of REALTORS®
MLS Number: 336484
APN: 15302100
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