NOT LISTED FOR SALE

2388 Colby Dr Forest, VA 24551

Estimated Value: $585,077 - $648,000

4 Beds
3 Baths
3,454 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $439,900 $127 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,669/month

8 Days on Market

Highlights

  • Great Room with Fireplace
  • Ranch Style House
  • Tennis Courts
  • Forest Middle School Rated A-
  • Wood Flooring
  • Workshop

About This Home

As of June 2020

MUST SEE stunning 4-bedroom, main level brick home located in sought after Somerset Meadows features an open floor plan, Great Room with 11 ft. coffered ceilings, beautiful hard wood floors throughout. The kitchen is flanked by a granite breakfast bar, stainless steel appliances, and custom cabinetry. The split floor plan has two bedrooms with a full bathroom and an office, with the master bedroom, full master bath w/ ceramic tile shower, granite double vanity, separate from the others. The way to the full finished basement is lit by theatre lighting, with a cozy den/office, family room with stone fireplace, full bath, bedroom, kitchenette w/ granite and appliances. This home has tons of storage in the basement, plus a floored walk-up attic! Main level living with two-car garage, landscaped for ultimate curb appeal has this home ready for you to move in! Call me for a personal video tour.

Last Agent to Sell the Property

Kathryn Franklin

Long & Foster-Forest License #0225244366 Listed on: 05/01/2020

Last Buyer's Agent

Josh Redmond

Mark A. Dalton & Co., Inc. License #0225200760

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 2011

Lot Details

  • 0.53 Acre Lot
  • Landscaped
  • Garden

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 3,454 Sq Ft Home
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Walkup Attic

Finished Basement

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

Parking

  • 1 Car Attached Garage
  • 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
  • Underground Utilities
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15323147

Community Details

Overview

  • Association fees include neighborhood lights, playground, tennis
  • Somerset Meadows Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 2011

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Rt 460 from Lynchburg to L on Rt 811 by Sheetz (New London Rd) to Right on Somerset Dr. (Across from London Down Golf Course) To L on Colby Dr ho Home on R
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 23087.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 15323147
  • Year Built: 2011
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 18.000
  • Officeden Wid: 14.000
  • Foyer Area: 99.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 252.000000
  • Master Bedroom Dim: 18.000 x 14.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 14.000
  • Office Dim: 11.000 x 10.000
  • Other Room1 Area: 104.000000
  • Other Room1 Len: 8.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Somerset Meadows Sec 5 Lot 147 PB 44/312
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 156.000000
  • Third Bedroom: 12x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 144.000000
  • Fourth Bedroom: 13x15 Level: Below Grade
  • Fourth Bedroom Area: 195.000000
  • Above Grade Finished Sq Ft: 2083.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven, Other
  • Has Attic: Floored, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Finished, Fireplace, Interior Entrance, Walkout
  • Breakfast Area: 13x10 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Den: 18x14 Level: Below Grade
  • Family Room: 54x14 Level: Below Grade
  • Fireplace: 2 Fireplaces, Gas Log, Great Room, Other
  • Formal Dining: 13x13 Level: Level 1 Above Grade
  • Foyer: 11x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 18x16 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Workshop
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Laundry Room: 0x0 Level: Level 1 Above Grade
  • Master Bedroom: 18x14 Level: Level 1 Above Grade
  • Office: 11x10 Level: Level 1 Above Grade
  • Other Room 1: 8x13 Level: Below Grade
  • Additional Room 1 Description: Kitchentte
  • Den Area: 252.000000
  • FamilyRoom Area: 756.000000
  • GreatRoom Area: 288.000000
  • Livinggreat Room Dim: 18.000 x 16.000
  • Kitchen Area: 156.000000
  • Office Area: 110.000000
  • Est Other Room1 Dim: 8.000 x 13.000
  • 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: Completed
  • Exterior Features: Paved Drive, Concrete Drive, Garden Space, Landscaped, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Golf Nearby

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Area: 420.000000
  • Garage Dim: 21.000 x 20.000
  • GarageLen: 21.000
  • GarageWid: 20.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric, Tankless

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Neighborhood Lights, Playground, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 200.00
  • Subdivision Complex: Somerset Meadows

Schools

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

Lot Info

  • Lot Sq Ft: 3454.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2016
Closed on
Jan 30, 2017
Sold by
Myers Larry G and Myers Wanda R
Bought by
Wheeler David and Wheeler Deborah
Seller's Agent
Jeff Barker
RE/MAX 1st Olympic
Buyer's Agent
Amanda MacLeod
MacLeod & Co Realty
List Price
$369,900
Sold Price
$365,860
Premium/Discount to List
-$4,040
-1.09%
Total Days on Market
8
Current Estimated Value
$617,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,159
Avg. Annual Appreciation
6.74%
Original Mortgage
$285,860
Outstanding Balance
$240,131
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$389,911

Purchase Details

Listed on
Jun 1, 2012
Closed on
Jul 18, 2012
Sold by
J C Laughlin Builder Inc
Bought by
Myers Larry G and Myers Wanda R
Seller's Agent
Deborah Laughlin
Mustard Seed Realty
Buyer's Agent
Jeff Barker
RE/MAX 1st Olympic
List Price
$335,000
Sold Price
$310,000
Premium/Discount to List
-$25,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$294,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Wheeler David $365,860 Attorney
Myers Larry G $310,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler David $285,860
Previous Owner Myers Larry G $294,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $439,900 0.0% $127 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $439,900 +20.2% $127 / Sq Ft
02/03/2017 02/03/17 Sold $365,860 -1.1% $149 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
11/26/2016 11/26/16 For Sale $369,900 +19.3% $150 / Sq Ft
07/24/2012 07/24/12 Sold $310,000 -7.5% $138 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $335,000 -- $149 / 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 $2,259 $551,000 $70,000 $481,000
2023 $2,259 $275,500 $0 $0
2022 $2,087 $208,650 $0 $0
2021 $2,087 $417,300 $60,000 $357,300
2020 $2,087 $417,300 $60,000 $357,300
2019 $2,087 $417,300 $60,000 $357,300
2018 $1,785 $343,300 $55,000 $288,300
2017 $1,785 $343,300 $55,000 $288,300
2016 $1,785 $343,300 $55,000 $288,300
2015 $1,785 $343,300 $55,000 $288,300
2014 $1,741 $334,800 $55,000 $279,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 324710

APN: 90506213