NOT LISTED FOR SALE

305 Spring Lake Rd Forest, VA 24551

Estimated Value: $613,000 - $687,000

5 Beds
5 Baths
2,840 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 305 Spring Lake Rd, Forest, VA 24551 and is currently estimated at $658,999, approximately $232 per square foot. 305 Spring Lake Rd is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2010
Sold by
Willoughby Charles B and Willoughby Diane P
Bought by
Guo Zhen and Li Yueling
Current Estimated Value
$658,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$203,519
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$455,480
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Guo Zhen $390,000 Integrity Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Zhen $310,000
Source: Public Records

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 $2,360 $575,500 $75,000 $500,500
2024 $2,360 $575,500 $75,000 $500,500
2023 $2,360 $287,750 $0 $0
2022 $2,173 $217,250 $0 $0
2021 $2,173 $434,500 $65,000 $369,500
2020 $2,173 $434,500 $65,000 $369,500
2019 $2,173 $434,500 $65,000 $369,500
2018 $2,070 $398,100 $65,000 $333,100
2017 $2,070 $398,100 $65,000 $333,100
2016 $2,070 $398,100 $65,000 $333,100
2015 $2,070 $398,100 $65,000 $333,100
2014 $2,010 $386,600 $50,000 $336,600
Source: Public Records

Map

Virginia Bedford County Forest 24551

305 Spring Lake Rd, Forest, VA

Not Listed for Sale

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