$365,860
SOLD FEB 3, 2017

2388 Colby Dr Forest, VA 24551

3 Beds
3 Baths
2,458 Sq Ft
0.53 Acres

Recently Sold

$149 Per Sq Ft

1% Below List Price

68 Days on Market

Highlights

  • Ski Accessible
  • Tennis Courts
  • Wood Flooring
  • Forest Middle School Rated A-
  • Ranch Style House
  • Whirlpool Bathtub

About This Home

As of June 2020

Offered by the original owners this beautiful split BDRM floorplan 1 level brick home offers a 2 car garage,huge walk up unfinished attic & full basement Offering tennis courts & walking trails Somerset Meadows is a premier Forest neighborhood convenient to Lynchburg,the Town of Bedford & Roanoke.The 1st floor has a pretty entry foyer w/arched glass transom & glass sidelites & arched doorway to the to the Dr + 11 ft ceilings,LR w/ brick FP & coffered ceilings open to the kitchen & dining area, kitchen w/granite countertops, undermount sink,breakfast bar, ceramic tile backsplash,&cabinets w/rope molding + all stainless appliances. There are 2 bdrms w/a full hall bath, separate office + master bdrm w/trey ceiling, full master bath w/ceramic tile shower, granite topped 2 sink vanity & jetted tub.There is a finished den/family room in the full walkout basement as well as a 3rd full bath, wash sink & propane wall heater.Also included is quoined corner brickwork, & concrete patio.

Last Agent to Sell the Property

Jeff Barker

RE/MAX 1st Olympic License #0204025572 Listed on: 11/26/2016

RE/MAX 1st Olympic

Last Buyer's Agent

Amanda MacLeod

MacLeod & Co Realty License #0225220409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 2011

Lot Details

  • 0.53 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned R1

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,458 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room
  • Den with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Attic Access Panel
  • Walkup Attic

Finished Basement

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

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • New London Academy Elementary School
  • Forest Midl Middle School
  • Jefferson Forest-Hs High School

Utilities

  • Zoned Heating
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Tennis Courts
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 15323147

Community Details

Overview

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

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,786

Year Built

Built in 2011

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Directions: RT 460 from Lynchburg to L on RT 811 by Sheetz (New London Rd) to Right on Somerset Dr. (Across from London Downs Golf Course) To L on Colby Dr to Home on R
  • 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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 3
  • 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
  • Above Grade Finished Sq Ft: 2083.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access, Walk-Up Stairs, Windows
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Partitioned, Walkout, Workshop
  • Breakfast Area: 13x10 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Den: 18x14 Level: Below Grade
  • Family Room: 18x16 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Den, Gas Log
  • Formal Dining: 13x13 Level: Level 1 Above Grade
  • Foyer: 11x9 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Paneling, Pantry, Separate Dining Room, Smoke Alarm, Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 13x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Master Bedroom: 18x14 Level: Level 1 Above Grade
  • Office: 11x10 Level: Level 1 Above Grade
  • Porch: 13x5 Level: Level 1 Above Grade
  • Den Area: 252.000000
  • FamilyRoom Area: 288.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 156.000000
  • Office Area: 110.000000
  • 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: 147
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Paved Drive, Concrete Drive, Garden Space, Landscaped, Storm Doors, Insulated Glass, Tennis Courts, Undergrnd Utilities, Golf Nearby, Ski Slope Nearby
  • Patio: 16x13 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 420.000000
  • Garage Dim: 21.000 x 20.000
  • GarageLen: 21.000
  • GarageWid: 20.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

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: 2458.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1786

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
68
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 Type Sale Price Title Company
Warranty Deed $365,860 Attorney
Deed $310,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,860 New Conventional
Previous Owner $294,500 New Conventional
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: 302347

APN: 90506213