NOT LISTED FOR SALE

224 Otterview Rd Forest, VA 24551

Estimated Value: $368,000 - $417,000

3 Beds
2.5 Baths
1,784 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $365,000 $205 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,258/month

4 Days on Market

Highlights

  • Mountain View
  • Secluded Lot
  • Fenced Yard
  • Forest Middle School Rated A-
  • Multiple Fireplaces
  • En-Suite Primary Bedroom

About This Home

As of July 2022

Seclusion and Convenience. Hidden gem tucked away in beautiful Meadow Wood, a retreat in Bedford County. The owners have lovingly transformed this home into a functional and inviting homeplace. All new flooring, windows, roof and siding. Cabinets painted, granite installed and new appliances added. Walls removed to make the living area into a GREAT room to cook, dine and entertain. Three generous bedrooms on upper level, bathrooms given the touch to make them modern and attractive. Bright lower level den with fireplace and wet bar. Half bath is in unfinished area. Covered porch which could be screened is attached to a great deck looking out on the level fenced back yard with play area and storage building. Creek on the back of the property. The most amazing views....

Last Agent to Sell the Property

Dee Parsons

BHHS Dawson Ford Garbee-Forest License #0225133318 Listed on: 05/28/2022

BHHS Dawson Ford Garbee-Forest

Last Buyer's Agent

Mark Lamontagne

Mark A. Dalton & Co., Inc. License #0225240467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1980

Lot Details

  • 1.67 Acre Lot
  • Fenced Yard
  • Landscaped
  • Secluded Lot
  • Property is zoned R2

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 1,784 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Mountain Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Bathtub Includes Tile Surround

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Outdoor Features

  • Outdoor Storage

Schools

  • Thomas Jefferson-Elm Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include road maintenance, snow removal
  • Meadow Wood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 76-6-3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,065

Year Built

Built in 1980

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • FILLACRES: 1.6700
  • AssocFeeOptional: Required
  • BuildingOnProperty: Storage Building
  • Directions: Route 811 to Everett Road, right on Otterview. Home is on the left.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 72745.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 76-6-3
  • Year Built: 1980
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Multi/Split
  • Dwelling Styles: Split Level
  • Officeden Len: 14.000
  • Officeden Wid: 23.000
  • Foyer Area: 36.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 224.000000
  • Master Bedroom Dim: 14.000 x 16.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 16.000
  • 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: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Meadow Wood Lot 23 Section 1
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 10x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 110.000000
  • Above Grade Finished Sq Ft: 1462.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Fireplace, Heated, Interior Entrance, Walkout
  • Flooring: Ceramic Tile, Vinyl Plank
  • Year Built Exception: 0
  • Deck: 12x15 Level: Level 2 Above Grade
  • Den: 14x23 Level: Below Grade
  • Fireplace: 2 Fireplaces, Gas Log, Stove Insert
  • Formal Dining: 14x12 Level: Level 1 Above Grade
  • Foyer: 6x6 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 20x14 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Master Bed w/ Bath, Rods, Smoke Alarm, Tile Bath(s)
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Master Bedroom: 14x16 Level: Level 2 Above Grade
  • Porch: 9x15 Level: Level 2 Above Grade
  • Den Area: 322.000000
  • GreatRoom Area: 280.000000
  • Livinggreat Room Dim: 20.000 x 14.000
  • Kitchen 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: 23
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Fenced Yard, Landscaped, Secluded Lot, Insulated Glass, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Other, Road Maintenance, Snow Removal
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 760.00
  • Subdivision Complex: Meadow Wood

Schools

  • School District: Bedford
  • Elementary School #2: Thomas Jefferson-Elm
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 1784.00
  • Zoning: R2

Tax Info

  • Estimated Taxes: 1065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2022
Closed on
Jun 23, 2022
Sold by
Wood Justin D and Wood Brittany A
Bought by
Boesel Alec and Boesel Ryanne
Seller's Agent
Dee Parsons
BHHS Dawson Ford Garbee-Forest
Buyer's Agent
Mark Lamontagne
Mark A. Dalton & Co., Inc.
List Price
$350,000
Sold Price
$365,000
Premium/Discount to List
$15,000
4.29%
Current Estimated Value
$396,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,407
Avg. Annual Appreciation
2.59%
Original Mortgage
$334,248
Outstanding Balance
$317,535
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$78,872

Purchase Details

Closed on
Mar 22, 2018
Sold by
James Lewis A
Bought by
Wood Justin D and Wood Brittany A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,020
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2006
Sold by
Watson Robert E and Watson Alice R
Bought by
James Lewis A
Source: Public Records

Range of Values:

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Average Value
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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
Boesel Alec $365,000 Chicago Title
Wood Justin D $200,000 Reliance Title & Stlmnt Llc
James Lewis A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boesel Alec $334,248
Previous Owner Wood Justin D $202,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $365,000 +4.3% $205 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/28/2022 05/28/22 For Sale $350,000 -- $196 / 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 $1,120 $273,200 $80,000 $193,200
2024 $1,120 $273,200 $80,000 $193,200
2023 $1,120 $136,600 $0 $0
2022 $1,024 $102,350 $0 $0
2021 $1,024 $204,700 $65,000 $139,700
2020 $1,024 $204,700 $65,000 $139,700
2019 $1,024 $204,700 $65,000 $139,700
2018 $931 $179,100 $50,400 $128,700
2017 $931 $179,100 $50,400 $128,700
2016 $931 $179,100 $50,400 $128,700
2015 $931 $179,100 $50,400 $128,700
2014 $948 $182,300 $47,400 $134,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338539

APN: 116-6-23