NOT LISTED FOR SALE

2745 Elk Valley Rd Forest, VA 24551

Estimated Value: $494,970 - $673,000

44.66 Acres
$13,076 Price per Acre
1,945,390 Sq Ft Lot

Last Sold August 30, 2019

Last sale price $340,000 $117 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,326/month

21 Days on Market

Highlights

  • Barn
  • Stables
  • Separate Outdoor Workshop
  • Forest Elementary School Rated A-
  • 44.66 Acre Lot
  • Garage

About This Lot

As of August 2019

What a buy !!! Priced $92,100 under county tax assessment !!! 44 acres in Forest w/mountain views,20 x 40 in ground Grecian pool w/new decking & a 2900 sq ft contemporary Deck home built & being sold by the original owners The pool is located on a knoll & you can enjoy beautiful views while cooling off in the pool. Included is a 3 car detached garage/tractor building w/mezzanine for storage,a large tall metal RV shelter,1 car CP & 1 car garage w/ the house.There is also a stacked cord wood barn w/several stalls & 2nd floor hay storage & a small stream. There are 2 huge floor to ceiling Sandstone FPS & a screened porch as well. 2 bdrms & 1 full hall bath on the 1st floor & 2 bdrms 1 full bath on the terrace level.The pool has an ionization sanitation system & there are 3 Mitsubishi in wall A/C units .Western cedar siding w/ mahogany trim. New sky lite in master bdrm,new sliding doors on upper & terrace level.Deck stained 2017.Driveway chip & sealed 2017

Last Agent to Sell the Property

Jeff Barker

RE/MAX 1st Olympic License #0204025572 Listed on: 06/04/2019

RE/MAX 1st Olympic

Last Buyer's Agent

Jeff Barker

RE/MAX 1st Olympic License #0204025572 Listed on: 06/04/2019

RE/MAX 1st Olympic

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,502

Lot Details

  • 44.66 Acre Lot
  • Property is zoned AP

Parking

  • Garage

Home Design

  • 2,896 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Well
  • Septic System
  • Phone Available

Additional Features

  • Barn
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 61A5

Property Details

Property Type

Land

Est. Annual Taxes

$2,502

Lot Details

0

Listing Details

  • FILLACRES: 44.6600
  • BuildingOnProperty: Barn, Garage, House, Stable, Tractor Shed, Workshop
  • Directions: Forest Road (RT 221) to Perrowville Rd to end Left on Old Cifax Rd to R on Elk Valley Road. Home on the right. 6-7 miles +- from Kroger
  • Internet Providers: Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 1945390.00
  • Days On Market: No
  • Property Subtype1: Farm
  • Prop. Type: Land
  • Restrictions: None
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 61A5
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Unpavd
  • Accessible Transportation: State Maintained Rd
  • Basement Bathrooms: 2.00
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Elk Creek
  • Middle School2: Forest Midl
  • Reciprocal Listing: No

Exterior Features

  • Road Frontage: 410.00
  • Topography: Est 2-5 Building sitesSome levelRolling to Steep.

Utilities

  • Utilities: Overhead Electric, Overhead Phone, Septic System, Telephone, Well Exists
  • Utility Electric: American Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

  • School District: Bedford
  • Elementary School #2: Forest Elem
  • School District: Bedford

Lot Info

  • Best Use: Current Existing, Limited Residential, Timber
  • Current Use: Residential
  • Lot Sq Ft: 2896.00
  • Zoning: AP

Tax Info

  • Estimated Taxes: 2502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 26, 2019
Sold by
Allen James R and Allen Mildred
Bought by
Elcan Scott and Elcan Margaret Cody
Seller's Agent
Jeff Barker
RE/MAX 1st Olympic
Buyer's Agent
Jeff Barker
RE/MAX 1st Olympic
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
Current Estimated Value
$583,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,985
Avg. Annual Appreciation
9.41%
Original Mortgage
$269,000
Outstanding Balance
$237,084
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$345,998

Purchase Details

Closed on
Jun 24, 2013
Sold by
Allen James R and Allen Mildred L
Bought by
Allen James R and Allen Mildred L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elcan Scott $340,000 Attorney
Allen James R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elcan Scott $269,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $340,000 -12.6% $117 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $389,000 -- $134 / 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 $1,815 $608,500 $244,600 $363,900
2024 $1,815 $608,500 $244,600 $363,900
2023 $1,815 $221,300 $0 $0
2022 $1,576 $157,600 $0 $0
2021 $1,576 $315,200 $48,700 $266,500
2020 $1,576 $315,200 $48,700 $266,500
2019 $1,576 $315,200 $48,700 $266,500
2018 $1,617 $310,900 $48,700 $262,200
2017 $1,617 $310,900 $48,700 $262,200
2016 $1,617 $310,900 $48,700 $262,200
2015 $1,617 $310,900 $48,700 $262,200
2014 $1,489 $286,300 $48,700 $237,600
Source: Public Records

Agents Affiliated with this Home

  • Jeff Barker

    Seller's Agent in 2019

    Jeff Barker

    RE/MAX

    (434) 610-6789

    81 Total Sales

    Jeff Barker
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 318994

APN: 61-A-5

Virginia Bedford County Forest 24551

2745 Elk Valley Rd, Forest, VA

This home is located at 2745 Elk Valley Rd, Forest, VA 24551 since 04 June 2019 and is currently estimated at $583,985, approximately $201 per square foot. 2745 Elk Valley Rd is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

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