NOT LISTED FOR SALE

307 Spring Lake Rd Forest, VA 24551

Forest Neighborhood

Estimated Value: $631,000 - $709,000

3 Beds
4 Baths
2,934 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 307 Spring Lake Rd, Forest, VA 24551 and is currently estimated at $657,494, approximately $224 per square foot. 307 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 25, 2019
Sold by
Mcdaniel Rowena L
Bought by
Baker Nicholas R and Baker Arley C
Current Estimated Value
$657,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,900
Outstanding Balance
$334,672
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$322,822

Purchase Details

Closed on
Sep 19, 2011
Sold by
Jordan Ted W and Schneider William F
Bought by
Mcdaniel Rowena L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2008
Sold by
Stults Wesley D and Stults Kelly M
Bought by
Jordan Ted W and Addair Tara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Baker Nicholas R $379,900 Reliance Title & Stlmnt Llc
Mcdaniel Rowena L $6,500 None Available
Jordan Ted W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Nicholas R $379,900
Previous Owner Mcdaniel Rowena L $195,000
Previous Owner Jordan Ted W $320,000
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 $2,417 $589,600 $75,000 $514,600
2024 $2,417 $589,600 $75,000 $514,600
2023 $2,417 $294,800 $0 $0
2022 $1,856 $185,550 $0 $0
2021 $1,856 $371,100 $65,000 $306,100
2020 $1,856 $371,100 $65,000 $306,100
2019 $1,856 $371,100 $65,000 $306,100
2018 $1,842 $354,300 $65,000 $289,300
2017 $1,842 $354,300 $65,000 $289,300
2016 $1,842 $354,300 $65,000 $289,300
2015 $1,842 $354,300 $65,000 $289,300
2014 $1,736 $333,800 $50,000 $283,800
Source: Public Records

Map