NOT LISTED FOR SALE

2465 Cottontown Rd Forest, VA 24551

Estimated Value: $321,000 - $681,000

4 Beds
3.5 Baths
3,960 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $385,000 $97 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,073/month

137 Days on Market

Highlights

  • Barn
  • Creek or Stream View
  • Secluded Lot
  • Forest Middle School Rated A-
  • Property is near a clubhouse
  • Wood Flooring

About This Home

As of October 2012

Beautifully remodeled brick Colonial on 8.5 acres of serenity. This home features an exquisite kitchen with lovely custom cabinets, custom concrete countertops, top-of-the-line appliances and so much more. Granite and tile in the powder rooms. If you are searching for beautiful private views with lots of room inside & out, this is it! Long winding drive and a two-stall horse barn set back where you can hear a tranquil stream running. Own your own private get-away while still enjoying the convenience of being in town. The list goes on!

Last Agent to Sell the Property

Debbie Timberlake

Karl Miller Realty LLC License #0225179321 Listed on: 04/06/2012

Last Buyer's Agent

Michael Ashworth

Long & Foster-Forest License #0225058501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 1978

Lot Details

  • 8.5 Acre Lot
  • Landscaped
  • Secluded Lot

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Shingle Roof

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Workshop
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Garden Bath

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Workshop

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Workshop in Garage

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property is near a clubhouse
  • Barn

Community Details

  • Tennis Courts
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 10003500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 1978

Lot Details

0

Listing Details

  • FILLACRES: 8.5000
  • BuildingOnProperty: Barn, Other
  • Directions: Forest Road (Route 221) to Cottontown Road; home on right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 370260.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 10003500
  • Year Built: 1978
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 9.000 x 15.000
  • Laundryroom Len: 9.000
  • Living Room Dim: 12.000 x 12.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 180.000000
  • Master Bedroom Dim: 15.000 x 12.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: IVY CR
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 13x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 156.000000
  • Fourth Bedroom: 12x12 Level: Below Grade
  • Fourth Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 2733.00
  • ApplianceConvey: Convection, Dishwasher, Microwave, Range-Gas, Refrigerator, Self Cleaning Oven
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Garage, Heated, Interior Entrance, Walkout, Workshop
  • Breakfast Area: 11x7 Level: Level 1 Above Grade
  • Flooring: Hardwood, Tile
  • Year Built Exception: 0
  • Family Room: 12x12 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log
  • Formal Dining: 12x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Garden Tub, Great Room, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Workshop
  • Dining Kitchen: 14x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Main Level, Washer Connections
  • Laundry Room: 9x15 Level: Level 1 Above Grade
  • Living Room: 12x12 Level: Level 1 Above Grade
  • Master Bedroom: 15x12 Level: Level 2 Above Grade
  • FamilyRoom Area: 144.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 182.000000
  • Laundry Room Area: 135.000000
  • LivingRoom Area: 144.000000
  • 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: Completed
  • Exterior Features: Pool Nearby, Landscaped, Secluded Lot, Storm Windows, Storm Doors, Tennis Courts Nearby, Stream/Creek, Mountain Views, Club House Nearby

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: In Basement, Workshop
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric, Heat Pump, Two-Zone
  • 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: Forest Elem
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 3960.00

Tax Info

  • Estimated Taxes: 1550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
Oct 11, 2012
Sold by
Busic Thomas N and Busic Arthur Kelly
Bought by
Johnston Whitaker R and Johnston Abbey G
Seller's Agent
Debbie Timberlake
Karl Miller Realty LLC
Buyer's Agent
Michael Ashworth
Long & Foster-Forest
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$553,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,293
Avg. Annual Appreciation
2.82%
Original Mortgage
$385,000
Outstanding Balance
$267,603
Interest Rate
3.59%
Mortgage Type
Credit Line Revolving
Estimated Equity
$285,690

Purchase Details

Closed on
Mar 27, 2009
Sold by
Stein Michael L and Stein Kathleen A
Bought by
Busic Thomas N and Busic Arthur Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Johnston Whitaker R $385,000 Fidelity National Title Insu
Busic Thomas N -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Whitaker R $385,000
Previous Owner Busic Thomas N $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $385,000 -9.4% $97 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
04/06/2012 04/06/12 For Sale $425,000 -- $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 $2,052 $500,400 $145,100 $355,300
2024 $2,052 $500,400 $145,100 $355,300
2023 $2,052 $250,200 $0 $0
2022 $1,885 $188,500 $0 $0
2021 $1,885 $377,000 $120,100 $256,900
2020 $1,885 $377,000 $120,100 $256,900
2019 $1,885 $377,000 $120,100 $256,900
2018 $1,918 $368,900 $110,500 $258,400
2017 $1,918 $368,900 $110,500 $258,400
2016 $1,918 $368,900 $110,500 $258,400
2015 $1,918 $368,900 $110,500 $258,400
2014 $1,591 $305,900 $95,500 $210,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Debbie Timberlake

    Karl Miller Realty LLC

    (434) 907-1742

    20 Total Sales

    Debbie Timberlake
    Section Image

  • M

    Buyer's Agent in 2012

    Michael Ashworth

    Long & Foster-Forest

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 271856

APN: 100-A-28

Virginia Bedford County Forest 24503

2465 Cottontown Rd, Forest, VA

This home is located at 2465 Cottontown Rd, Forest, VA 24551 since 06 April 2012 and is currently estimated at $553,293, approximately $139 per square foot. This property was built in 1978. 2465 Cottontown Rd is a home located in Bedford County with nearby schools including Boonsboro Elementary School, Forest Middle School, and Jefferson Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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