NOT LISTED FOR SALE

2262 Colby Dr Forest, VA 24551

Estimated Value: $736,445 - $787,000

6 Beds
4 Baths
4,285 Sq Ft
$176/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $452,000 $105 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,175/month

214 Days on Market

Highlights

  • Cape Cod Architecture
  • Great Room with Fireplace
  • Whirlpool Bathtub
  • Mountain View
  • Main Floor Bedroom
  • Tennis Courts

About This Home

As of February 2017

New construction over 4200 finished sqft. Amazing open floor plan with maiin level living. Great for enttertaining, spacious great room with fireplace opening to a large kitchen with stainless steel appliances, granite countertops and an abundant amount of cabinets. The kitchen also opens to a warming room with a stone fireplace and large windows. The main level master suite offers a sitting area, walk-in closet and large bath with tile shower, whirlpool tub, 2 vanities and private water closet. Also, on main level you have a guest bedroom, full bath, laundry and large mudroom off the 2 car garage. upstairs has 3 additional bedrooms and full bath. On the terrace level you find a den, 6th bedroom, full bath and an office space. Plenty of unfinished basement for storage. 3 heat pumps for all this living area.

Last Agent to Sell the Property

Liz C Dawson

Elite Realty License #0225142343 Listed on: 07/15/2016

Last Buyer's Agent

Randy Dunton

DeWitt Real Estate & Auctions License #0225185294

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 0.65 Acre Lot
  • Landscaped

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 4,285 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Great Room with Fireplace
  • Den with Fireplace
  • Mountain Views
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

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

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Location

  • Property is near a 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
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Somerset Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,340

Year Built

Built in 2016 | Under Construction

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.6500
  • AssocFeeOptional: Required
  • Directions: New London Rd to Somerset to left on Colby.
  • Lot Measurement: Acres
  • Lot Sq Ft: 28314.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2016
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Three-Zone or more
  • Building Stories: One and One Half
  • Dwelling Styles: Cape Cod
  • Officeden Len: 20.000
  • Officeden Wid: 14.000
  • Estimated Completion: 2016-08-15
  • Laundryroom Dim: 8.000 x 6.000
  • Laundryroom Len: 8.000
  • Living Room Dim: 21.000 x 14.000
  • Livingroom Len: 21.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 330.000000
  • Master Bedroom Dim: 22.000 x 15.000
  • Masterbedroom Len: 22.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 10.000 x 8.000
  • 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: Lot 154 P/B 44/312
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 14x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 168.000000
  • Fourth Bedroom: 25x14 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 350.000000
  • Fifth Bedroom: 15x13 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 195.000000
  • Sixth Bedroom: 14x14 Level: Below Grade
  • Sixth Bedroom Area: 196.000000
  • Above Grade Finished Sq Ft: 3389.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout
  • Breakfast Area: 9x7 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Other
  • Year Built Exception: 0
  • Deck: 15x13 Level: Level 1 Above Grade
  • Den: 20x14 Level: Below Grade
  • Family Room: 20x17 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Den, Great Room
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Tile Bath(s), Drywall, Great Room, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, 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: 8x6 Level: Level 1 Above Grade
  • Living Room: 21x14 Level: Level 1 Above Grade
  • Master Bedroom: 22x15 Level: Level 1 Above Grade
  • Office: 10x8 Level: Below Grade
  • Den Area: 280.000000
  • FamilyRoom Area: 340.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 144.000000
  • Laundry Room Area: 48.000000
  • LivingRoom Area: 294.000000
  • Office Area: 80.000000
  • 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

  • Roof: Shingle
  • New Construction: Under Construction
  • Exterior Features: Concrete Drive, Landscaped, Tennis Courts Nearby, Mountain Views, Golf Nearby
  • Patio: 40x13 Level: Below Grade

Garage/Parking

  • Garage Spaces: Garage Door Opener
  • Garage Area: 552.000000
  • Garage Dim: 24.000 x 23.000
  • GarageLen: 24.000
  • GarageWid: 23.000

Utilities

  • 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: Lynchburg Board of Realtors
  • Association Fee: 200.00
  • Subdivision Complex: Somerset

Schools

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

Lot Info

  • Lot Sq Ft: 4285.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Feb 3, 2017
Sold by
Samdanben Land Development Llc A Virgini
Bought by
Patel Rajanikant D and Patel Linaben
Seller's Agent
Liz C Dawson
Elite Realty
Buyer's Agent
Randy Dunton
DeWitt Real Estate & Auctions
List Price
$459,900
Sold Price
$452,000
Premium/Discount to List
-$7,900
-1.72%
Current Estimated Value
$753,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,111
Avg. Annual Appreciation
5.92%
Original Mortgage
$362,000
Outstanding Balance
$299,721
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$453,390

Purchase Details

Closed on
Sep 10, 2015
Sold by
Somerset Farms Llc A Virginia Limited Li
Bought by
Samdanben Land Development Llc A Virgini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.94%
Mortgage Type
Land Contract Argmt. Of Sale
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Rajanikant D $452,500 Bridgetrust Title Group
Samdanben Land Development Llc A Virgini $49,900 Central Virginia Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rajanikant D $362,000
Previous Owner Samdanben Land Development Llc A Virgini $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2017 02/14/17 Sold $452,000 -1.7% $105 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
07/15/2016 07/15/16 For Sale $459,900 -- $107 / 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 $2,547 $621,200 $70,000 $551,200
2024 $2,547 $621,200 $70,000 $551,200
2023 $2,547 $310,600 $0 $0
2022 $2,302 $230,150 $0 $0
2021 $2,302 $460,300 $60,000 $400,300
2020 $2,302 $460,300 $60,000 $400,300
2019 $2,302 $460,300 $60,000 $400,300
2018 $2,301 $442,500 $55,000 $387,500
2017 $2,301 $442,500 $55,000 $387,500
2016 $364 $70,000 $55,000 $15,000
2015 $260 $50,000 $50,000 $0
2014 $260 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 299975

APN: 153-23-154