NOT LISTED FOR SALE

306 Meadows Dr Forest, VA 24551

Estimated Value: $394,429 - $443,000

3 Beds
2 Baths
1,568 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $345,000 $220 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,344/month

Highlights

  • Ranch Style House
  • Wood Flooring
  • Laundry Room
  • Forest Middle School Rated A-
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of May 2021

for comp purposes only

Last Agent to Sell the Property

Jeremiah Cochenour

Mark A. Dalton & Co., Inc. License #0225203013 Listed on: 05/25/2021

Last Buyer's Agent

Jeremiah Cochenour

Mark A. Dalton & Co., Inc. License #0225203013 Listed on: 05/25/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 2014

Lot Details

  • 0.49 Acre Lot
  • Garden
  • Property is zoned R-2

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 1,568 Sq Ft Home
  • Ceiling Fan
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

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

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,725

Year Built

Built in 2014

Lot Details

0

Listing Details

  • FILLACRES: 0.4900
  • BuildingOnProperty: Storage Building
  • Directions: meadows drive
  • Lot Measurement: Acres
  • Lot Sq Ft: 21344.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 2014
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Laundryroom Dim: 10.000 x 5.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 19.000 x 15.000
  • Livingroom Len: 19.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 204.000000
  • Master Bedroom Dim: 17.000 x 12.000
  • Masterbedroom Len: 17.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: The Meadows Lot 7 Sec 4
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 12x8 Level: Level 1 Above Grade
  • Third Bedroom Area: 96.000000
  • Above Grade Finished Sq Ft: 1568.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Access
  • Has Basement: Exterior Entrance, Full, Heated, Interior Entrance, Walkout
  • Flooring: Ceramic Tile, Hardwood
  • Year Built Exception: 0
  • Formal Dining: 21x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Main Level Bedroom, Master Bed w/ Bath, Pantry, Walk-In Closet(s)
  • Dining Kitchen: 12x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Washer Connections
  • Laundry Room: 10x5 Level: Level 1 Above Grade
  • Living Room: 19x15 Level: Level 1 Above Grade
  • Master Bedroom: 17x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 132.000000
  • Laundry Room Area: 50.000000
  • LivingRoom Area: 285.000000
  • 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: Garden Space, Other

Garage/Parking

  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • 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: Thomas Jefferson-Elm
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 1568.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 1725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
May 12, 2021
Sold by
Schmidt Ty W
Bought by
Long Randy L and Long April L
Seller's Agent
Jeremiah Cochenour
Mark A. Dalton & Co., Inc.
Buyer's Agent
Jeremiah Cochenour
Mark A. Dalton & Co., Inc.
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$418,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,357
Avg. Annual Appreciation
4.51%
Original Mortgage
$348,484
Outstanding Balance
$315,814
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$102,543

Purchase Details

Listed on
Jun 30, 2016
Closed on
Aug 11, 2016
Sold by
Staton Larry W and Staton Faith T
Bought by
Schmidt Ty W
Seller's Agent
Deborah Cardwell
Century 21 ALL-SERVICE
Buyer's Agent
Liz C Dawson
Elite Realty
List Price
$224,900
Sold Price
$219,900
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$149,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2013
Sold by
Schofield Joseph T and Schofield Susan L
Bought by
Gary Williams & Son Development Llc
Source: Public Records

Range of Values:

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Average Value
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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
Long Randy L $345,000 Old Republic Title
Schmidt Ty W $219,900 Settlement Services
Gary Williams & Son Development Llc $40,000 Reliance Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Randy L $348,484
Previous Owner Schmidt Ty W $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2021 05/25/21 Sold $345,000 0.0% $220 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $345,000 +56.9% $220 / Sq Ft
08/30/2016 08/30/16 Sold $219,900 -2.2% $140 / Sq Ft View Prior Sale
07/07/2016 07/07/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $224,900 -- $143 / 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 $1,416 $345,400 $55,000 $290,400
2024 $1,416 $345,400 $55,000 $290,400
2023 $1,416 $172,700 $0 $0
2022 $1,224 $122,350 $0 $0
2021 $1,224 $244,700 $49,000 $195,700
2020 $1,224 $244,700 $49,000 $195,700
2019 $1,224 $244,700 $49,000 $195,700
2018 $1,018 $195,700 $42,000 $153,700
2017 $1,018 $195,700 $42,000 $153,700
2016 $1,018 $195,700 $42,000 $153,700
2015 $1,018 $195,700 $42,000 $153,700
2014 $198 $38,000 $38,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331776

APN: 136F-3-7