NOT LISTED FOR SALE

306 Spring Lake Rd Forest, VA 24551

Forest Neighborhood

Estimated Value: $593,000 - $622,000

4 Beds
3.5 Baths
3,140 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 14, 2014

Last sale price $342,500 $109 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,528/month

16 Days on Market

Highlights

  • 1.05 Acre Lot
  • Community Lake
  • Wood Flooring
  • Forest Elementary School Rated A-
  • Multiple Fireplaces
  • Whirlpool Bathtub

About This Home

As of April 2014

Welcome home to this grand all brick two story 4 bedroom, 3.5 bath home in the desirable Forest Lakes neighborhood. 2 Story open foyer leading to the relaxing living & formal dining rooms. Continue on to the 2 story great room w/fireplace & a wall of windows that is open to the kitchen & sunny breakfast area. Kitchen features granite counters, center island, built-in desk & pantry. Half bath & spacious laundry rm off kitchen. Easy access to the oversized 2 car garage will make bringing groceries in a breeze. The 2nd floor has a spacious master bedroom w/beautiful trey ceiling, sitting area, hardwood floors & master bath w/whirlpool tub & tiled shower. 3 more bedrooms & full bath w/separate tub/shower finish the upstairs. The terrace level is an awesome getaway. Either a den, playroom or guest quarters w/a brick fireplace & full bath. Great price for a Forest Lakes brick home, Forest Schools & low Bedford Cnty Taxes. Special Financing Incentives from SIRVA's preferred lender

Last Agent to Sell the Property

Linda Bateman

Century 21 ALL-SERVICE-FOR License #0225081323 Listed on: 02/19/2014

Last Buyer's Agent

Elizabeth Simms

Four Rivers Realty Group, Inc. License #0225041142

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,717

Year Built

  • Built in 1995

Lot Details

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

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Fireplace in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Location

  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 100B219

Community Details

Overview

  • Association fees include neighborhood lights, playground, pool, tennis, trash
  • Forest Lakes Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,717

Year Built

Built in 1995

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • FILLACRES: 1.0500
  • Directions: Rt 221 to Graves Mill Rd (past Ferguson Plumbing), left on Lake Vista Dr, Left on Spring Lake Rd, home on the left. OR 221 to Gumtree Rd near Poplar Forest Nursery, right on Spring Lake Road, home on the left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 45738.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 100B219
  • Year Built: 1995
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 112.000000
  • Laundryroom Dim: 7.000 x 7.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 14.000 x 12.000
  • Livingroom Len: 14.000
  • Livingroom Wid: 12.000
  • Masterbedroom Area: 285.000000
  • Master Bedroom Dim: 19.000 x 15.000
  • Masterbedroom Len: 19.000
  • Masterbedroom Wid: 15.000
  • 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: Forest Lakes Lot 19 Sec VII
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 14x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 168.000000
  • Fourth Bedroom: 12x13 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 156.000000
  • Above Grade Finished Sq Ft: 2765.00
  • ApplianceConvey: Disposal, Microwave, Range-Elec
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Finished, Fireplace, Heated, Interior Entrance, Partial, Walkout
  • Breakfast Area: 14x11 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Year Built Exception: 0
  • Deck: 25x12 Level: Level 1 Above Grade
  • Family Room: 19x13 Level: Below Grade
  • Fireplace: 2 Fireplaces, Gas Log
  • Formal Dining: 13x12 Level: Level 1 Above Grade
  • Foyer: 8x14 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 19x13 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Great Room, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Whirlpool Tub
  • Dining Kitchen: 16x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 7x7 Level: Level 1 Above Grade
  • Living Room: 14x12 Level: Level 1 Above Grade
  • Master Bedroom: 19x15 Level: Level 2 Above Grade
  • FamilyRoom Area: 247.000000
  • GreatRoom Area: 247.000000
  • Livinggreat Room Dim: 19.000 x 13.000
  • Kitchen Area: 160.000000
  • Laundry Room Area: 49.000000
  • LivingRoom Area: 168.000000
  • 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, Paved Drive, Garden Space, Landscaped, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Lake Nearby, Golf Nearby
  • Patio: 19x15 Level: Level 1 Above Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Area: 484.000000
  • Garage Dim: 22.000 x 22.000
  • GarageLen: 22.000
  • GarageWid: 22.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Neighborhood Lights, Playground, Pool, Tennis, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 71.00
  • Subdivision Complex: Forest Lakes

Schools

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

Lot Info

  • Lot Sq Ft: 3140.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 2, 2014
Sold by
Wilkerson Jeffrey T and Wilkerson Jill K
Bought by
Andrade Bruno E and Andrade April H
Seller's Agent
Linda Bateman
Century 21 ALL-SERVICE-FOR
Buyer's Agent
Elizabeth Simms
Four Rivers Realty Group, Inc.
List Price
$347,500
Sold Price
$342,500
Premium/Discount to List
-$5,000
-1.44%
Current Estimated Value
$604,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,063
Avg. Annual Appreciation
5.04%
Original Mortgage
$312,318
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2012
Closed on
Jan 18, 2013
Sold by
Remark John F and The John F Remark Revocable Tr
Bought by
Wilkerson Jeffrey T and Wilkerson Jill K
Seller's Agent
Jane Blickenstaff
Blickenstaff & Company, Realto
Buyer's Agent
Linda Bateman
Century 21 ALL-SERVICE-FOR
List Price
$337,000
Sold Price
$329,000
Premium/Discount to List
-$8,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$312,550
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2011
Sold by
Remark John F and Remark Kathleen A
Bought by
Remark John F and The John F Remark Revocable Tr
Source: Public Records

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 Buyer Sale Price Title Company
Andrade Bruno E $342,500 Old Republic National Title
Wilkerson Jeffrey T $329,000 Old Republic National Title
Remark John F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrade Bruno E $275,000
Closed Andrade Bruno E $312,318
Previous Owner Wilkerson Jeffrey T $312,550
Previous Owner Remark John F $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2014 04/14/14 Sold $342,500 -1.4% $109 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $347,500 +5.6% $111 / Sq Ft
01/31/2013 01/31/13 Sold $329,000 -2.4% $105 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $337,000 -- $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 $2,032 $495,600 $70,000 $425,600
2024 $2,032 $495,600 $70,000 $425,600
2023 $1,948 $237,600 $0 $0
2022 $1,831 $183,100 $0 $0
2021 $1,831 $366,200 $60,000 $306,200
2020 $1,831 $366,200 $60,000 $306,200
2019 $1,831 $366,200 $60,000 $306,200
2018 $1,771 $340,600 $60,000 $280,600
2017 $1,771 $340,600 $60,000 $280,600
2016 $1,771 $340,600 $60,000 $280,600
2015 $1,771 $340,600 $60,000 $280,600
2014 $1,786 $343,400 $50,000 $293,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 283437

APN: 100B-2-19