NOT LISTED FOR SALE

2340 Colby Dr Forest, VA 24551

Estimated Value: $662,006 - $759,000

4 Beds
4.5 Baths
3,400 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 08, 2014

Last sale price $369,500 $109 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,901/month

95 Days on Market

Highlights

  • Great Room with Fireplace
  • Wood Flooring
  • Whirlpool Bathtub
  • 2-Story Property
  • Main Floor Bedroom
  • Attic

About This Home

As of October 2014

Beautiful home in move-in condition! Features include granite countertops, tiled backsplashes and stainless appliances in the kitchen; master bedroom suite on entry level with double vanities, ceramic tile & garden tub; beautiful hardwood floors; built in library; double car garage and more.

Last Agent to Sell the Property

Herbert Smith

Red Key Realty Inc License #0225065231 Listed on: 05/23/2014

Last Buyer's Agent

Amy Martin

Legacy Realty License #0225207109

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,130

Year Built

  • Built in 2007

Lot Details

  • 0.48 Acre Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 2-Story Property
  • Shingle Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Home Office
  • Game Room
  • Storage In Attic
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Finished Basement

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

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
  • Septic Tank

Community Details

  • Somerset Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 90506216

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,130

Year Built

Built in 2007

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • FILLACRES: 0.4800
  • Directions: Rt. 460 W. to L. on Rt. 811 past New London Downs to R. on Somerset to L. on Colby.
  • Lot Measurement: Acres
  • Lot Sq Ft: 20909.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90506216
  • Year Built: 2007
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Ranch
  • Officeden Len: 14.000
  • Officeden Wid: 13.000
  • Foyer Area: 63.000000
  • Laundryroom Dim: 5.000 x 9.000
  • Laundryroom Len: 5.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 15.000 x 16.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 156.000000
  • Other Room1 Len: 12.000
  • Other Room2 Area: 546.000000
  • Other Room2 Len: 26.000
  • Other Room3 Area: 204.000000
  • Other Room3 Len: 12.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (4 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows Sec 5 Lt 150 PB 44/312
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 11x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 13x15 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 195.000000
  • Above Grade Finished Sq Ft: 2450.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Storage Only, Walk In
  • Has Basement: Exterior Entrance, Finished, Full, Game Room, Walkout
  • Flooring: Ceramic Tile, Wood
  • Year Built Exception: 0
  • Den: 14x13 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Gas Log, Great Room, Other
  • Foyer: 7x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Level 2 Full Bathrooms: 1
  • Great Room: 15x13 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath, Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 13x13 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 5x9 Level: Level 1 Above Grade
  • Master Bedroom: 15x16 Level: Level 1 Above Grade
  • Other Room 1: 12x13 Level: Level 1 Above Grade
  • Other Room 2: 26x21 Level: Below Grade
  • Other Room 3: 12x17 Level:
  • Additional Room 1 Description: Dining area
  • Additional Room 2 Description: Rec Room
  • Additional Room 3 Description: Office
  • Den Area: 182.000000
  • GreatRoom Area: 195.000000
  • Livinggreat Room Dim: 15.000 x 13.000
  • Kitchen Area: 169.000000
  • Laundry Room Area: 45.000000
  • Est Other Room1 Dim: 12.000 x 13.000
  • Est Other Room2 Dim: 26.000 x 21.000
  • Est Other Room3 Dim: 12.000 x 17.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 150
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • 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 Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 3400.00

Tax Info

  • Estimated Taxes: 2130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Sep 23, 2014
Sold by
Compton Development Llc
Bought by
Creasy Joseph Danial and Creasy Brandi Leigh
Seller's Agent
Herbert Smith
Red Key Realty Inc
Buyer's Agent
Amy Martin
Legacy Realty
List Price
$399,950
Sold Price
$369,500
Premium/Discount to List
-$30,450
-7.61%
Current Estimated Value
$706,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,241
Avg. Annual Appreciation
5.86%
Original Mortgage
$259,500
Outstanding Balance
$198,370
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$502,882

Purchase Details

Closed on
Jan 15, 2014
Sold by
Kinney Constance B and Kinney Michael J
Bought by
Compton Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,240
Interest Rate
4.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 18, 2011
Sold by
Sutton Thomas J and Sutton Fern M
Bought by
Kinney Constance B and Kinney Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2009
Sold by
Fannie Mae
Bought by
Sutton Thomas J and Sutton Fern M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2009
Sold by
Meetre James R and Meetre Lori A
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2007
Sold by
J C Laughlin Builder Inc
Bought by
Meetre James R and Meetre Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Somerset Farms Llc
Bought by
J C Laughlin Builders Inc
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
Creasy Joseph Danial $369,500 First American Title Ins
Compton Development Llc $274,401 None Available
Kinney Constance B $390,000 Fidelity National Title
Sutton Thomas J $329,000 Southern Title
Federal National Mortgage Association $349,579 None Available
Meetre James R -- None Available
J C Laughlin Builders Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creasy Joseph Danial $259,500
Previous Owner Compton Development Llc $233,240
Previous Owner Kinney Constance B $370,500
Previous Owner Sutton Thomas J $225,000
Previous Owner Meetre James R $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2014 10/08/14 Sold $369,500 -7.6% $109 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $399,950 -- $118 / 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 $2,302 $561,400 $70,000 $491,400
2024 $2,302 $561,400 $70,000 $491,400
2023 $2,302 $280,700 $0 $0
2022 $2,102 $210,200 $0 $0
2021 $2,102 $420,400 $60,000 $360,400
2020 $2,102 $420,400 $60,000 $360,400
2019 $2,102 $420,400 $60,000 $360,400
2018 $2,032 $390,700 $55,000 $335,700
2017 $2,032 $390,700 $55,000 $335,700
2016 $2,032 $390,700 $55,000 $335,700
2015 $2,032 $390,700 $55,000 $335,700
2014 $2,217 $426,400 $55,000 $371,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Herbert Smith

    Red Key Realty Inc

  • A

    Buyer's Agent in 2014

    Amy Martin

    Legacy Realty

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 285533

APN: 153-23-150

Virginia Bedford County Forest 24551

2340 Colby Dr, Forest, VA

Not Listed for Sale

Detached

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