NOT LISTED FOR SALE

2298 Terrace View Rd Forest, VA 24551

Estimated Value: $358,000 - $440,460

3 Beds
2.5 Baths
1,822 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 10, 2020

Last sale price $285,000 $156 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,415/month

12 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Multiple Fireplaces
  • Forest Middle School Rated A-
  • Mountain View
  • Dutch Colonial Architecture

About This Home

As of December 2020

Beautiful mountain views surround this wonderful remodeled home. New paint, granite countertop in kitchen, new appliances, refinished hardwood flooring and new carpet in sunroom and great room. New appliances. Waiting for new owner!

Last Listed By

Rosie Gantt

Century 21 ALL-SERVICE License #0225059549 Listed on: 10/18/2020

Century 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 1971

Lot Details

  • 1.28

Home Design

  • Dutch Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,822 Sq Ft Home
  • 1.5-Story Property
  • Paneling
  • Ceiling Fan
  • Multiple Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Drapes & Rods
  • Great Room
  • Formal Dining Room
  • Mountain Views
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Laundry in Basement
  • Rough-In Basement Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Schools

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

Utilities

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

Additional Features

  • In Ground Pool
  • 1.28 Acre Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 133-A-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,487

Year Built

Built in 1971

Lot Details

0

Listing Details

  • BuildingOnProperty: Barn
  • Directions: 221 to 811 to Great Oaks Drive, R on Bellevue, L on Matthew Talbot, L on Terrace View. Please text or call agent before going.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 55652.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 133-A-27
  • Year Built: 1971
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Dutch Colonial
  • Foyer Area: 48.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 21.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 21.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 12.000 x 20.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 20.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 8.000
  • 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: 133-A-27
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x14 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 12x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1822.00
  • ApplianceConvey: Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Roughed in Bath, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Year Built Exception: 0
  • Fireplace: 2 Fireplaces, Stove Insert
  • Formal Dining: 12x14 Level: Level 1 Above Grade
  • Foyer: 4x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 14x24 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drapes, Drywall, Great Room, High Speed Data Aval, Paneling, Pantry, Separate Dining Room
  • Dining Kitchen: 13x21 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection
  • Living Room: 12x21 Level: Level 1 Above Grade
  • Master Bedroom: 12x20 Level: Level 2 Above Grade
  • Porch: 12x8 Level: Level 1 Above Grade
  • Sun Room: 8x12 Level: Level 1 Above Grade
  • GreatRoom Area: 336.000000
  • Livinggreat Room Dim: 14.000 x 24.000
  • Kitchen Area: 273.000000
  • LivingRoom Area: 252.000000
  • 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
  • Sun Room Area: 96.000000
  • Sunroom Dim: 8.000 x 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Storm Windows, Storm Doors, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: Southside Elec CoOp
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1822.00

Tax Info

  • Estimated Taxes: 1487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2020
Closed on
Dec 9, 2020
Sold by
Terrace View Associates Llc
Bought by
Mills Jeffrey and Mills Liberty C
Seller's Agent
Rosie Gantt
Century 21 ALL-SERVICE
Buyer's Agent
Karl Miller
Karl Miller Realty LLC
List Price
$285,900
Sold Price
$285,000
Premium/Discount to List
-$900
-0.31%
Total Days on Market
12
Current Estimated Value
$413,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,615
Avg. Annual Appreciation
7.81%
Original Mortgage
$256,500
Outstanding Balance
$232,376
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,127

Purchase Details

Listed on
Apr 1, 2019
Closed on
Oct 29, 2019
Sold by
Williams Charles Thomas
Bought by
Terrace View Associates Llc
Seller's Agent
Donna Jordan
TMoore Real Estate Group LLC
Buyer's Agent
Rosie Gantt
Century 21 ALL-SERVICE
List Price
$389,900
Sold Price
$285,000
Premium/Discount to List
-$104,900
-26.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$228,000
Interest Rate
3.5%
Mortgage Type
Commercial

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
Mills Jeffrey $285,000 Fidelity National Title
Terrace View Associates Llc $285,000 Acquisition Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Jeffrey $51,063
Open Mills Jeffrey $256,500
Previous Owner Terrace View Associates Llc $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $285,000 -0.3% $156 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $285,900 +0.3% $157 / Sq Ft
11/19/2019 11/19/19 Sold $285,000 -26.9% $151 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $389,900 -- $206 / 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
2024 $1,205 $293,900 $75,000 $218,900
2023 $1,205 $146,950 $0 $0
2022 $832 $83,150 $0 $0
2021 $832 $166,300 $42,000 $124,300
2020 $974 $194,700 $70,400 $124,300
2019 $828 $165,500 $41,200 $124,300
2018 $826 $158,800 $41,200 $117,600
2017 $826 $158,800 $41,200 $117,600
2016 $826 $158,800 $41,200 $117,600
2015 $826 $158,800 $41,200 $117,600
2014 $844 $162,300 $41,200 $121,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rosie Gantt

    Century 21 ALL-SERVICE

    (434) 525-1212

    142 Total Sales

    Rosie Gantt
    Section Image
  • Karl Miller

    Buyer's Agent in 2020

    Karl Miller

    Karl Miller Realty LLC

    (434) 239-2394

    431 Total Sales

    Section Image

  • D

    Seller's Agent in 2019

    Donna Jordan

    TMoore Real Estate Group LLC

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 327925

APN: 13302900

Virginia Bedford County Forest 24551

2298 Terrace View Rd, Forest, VA

Homes for Sale in Forest, VA

This home is located at 2298 Terrace View Rd, Forest, VA 24551 since 18 October 2020 and is currently estimated at $413,615, approximately $227 per square foot. This property was built in 1971. 2298 Terrace View Rd is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

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