NOT LISTED FOR SALE

3101 Spinnaker Point Forest, VA 24551

Estimated Value: $198,000 - $215,002

2 Beds
2 Baths
1,130 Sq Ft
$205/ mo HOA Fee

Last Sold April 28, 2015

Last sale price $120,000 $106 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,358/month

42 Days on Market

Highlights

  • Lake Front
  • Mountain View
  • Screened Porch
  • Water Access
  • Property is near clubhouse
  • Community Pool

About This Home

As of April 2015

Looking for a relaxing place to cast your fishing rod or take a leisurely stroll around the lake? You'll love coming home to this lakefront condo at Spinnaker Point with private entrance & side yard. Immaculate terrace level end unit with 2 bedrooms and 2 baths. Large open living/dining area with pass-thru to large kitchen & separate breakfast area. Master bedroom has patio door to screened-in porch and large master dual vanity bath with walk-in closet. A/C replaced in 2007, furnace in 2002 and new Pella patio door. Ceiling fan & outdoor carpet added in 2013 to 23 x 08 screened-in porch to enjoy the relaxing views of the lake. Association includes: lake, pool, tennis courts, walking trails, trash, water/sewer, insurance and outside maintenance. Boat is available for use with Spinnaker Association. Come and enjoy life at Spinnaker Point where everyday is like a vacation!! Sellers are very motivated. Bring all offers!

Last Agent to Sell the Property

Deborah Cardwell

Century 21 ALL-SERVICE License #0225093169 Listed on: 01/19/2015

Century 21 ALL-SERVICE

Last Buyer's Agent

Deborah Cardwell

Century 21 ALL-SERVICE License #0225093169 Listed on: 01/19/2015

Century 21 ALL-SERVICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $632

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • Landscaped

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Screened Porch
  • Mountain Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Access
  • Outdoor Storage

Location

  • Property is near clubhouse

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10154401

Community Details

Overview

  • Association fees include club house, exterior maintenance, grounds maintenance, insurance, lake/pond, neighborhood lights, parking, pool, road maintenance, snow removal, tennis, trash, sewer, water
  • Lake Vista Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$632

Year Built

Built in 1988

Lot Details

5,663 Sq Ft Lot

HOA Fees

$205 per month

Listing Details

  • AssocFeeOptional: Required
  • BuildingOnProperty: Storage Building
  • Directions: Forest Rd (Rt 221) to Cottontown Rd (by CVS); go 1 mile turn left onto Cottontown Rd; left into Lake Vista; right into Hutter Lake Trail to end; left building, lower left level.
  • Lot Measurement: Acres
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 10154401
  • Year Built: 1988
  • Heating System: Forced Warm Air-Gas
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 15.000 x 14.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 180.000000
  • Master Bedroom Dim: 15.000 x 12.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Spinnaker Point Unit 3101
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 143.000000
  • Above Grade Finished Sq Ft: 1130.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven, Washer
  • Has Attic: None
  • Has Basement: Other
  • Breakfast Area: 8x6 Level: Level 1 Above Grade
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace, Gas Log, Glass Doors
  • Formal Dining: 13x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 11x11 Level: Level 1 Above Grade
  • Laundry: Laundry Closet
  • Living Room: 15x14 Level: Level 1 Above Grade
  • Master Bedroom: 15x12 Level: Level 1 Above Grade
  • Screened Porch: 23x8 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 121.000000
  • LivingRoom Area: 210.000000
  • 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, Landscaped, Screened Porch, Storm Doors, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Lake Front, Mountain Views, Club House Nearby, Water Access

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: County
  • Hot Water: County
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Club House, Exterior Maintenance, Grounds Maintenance, Insurance, Lake/Pond, Neighborhood Lights, Parking, Pool, Road Maintenance, Snow Removal, Tennis, Trash, Sewer, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 205.00
  • Subdivision Complex: Lake Vista

Schools

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

Lot Info

  • Lot Sq Ft: 1130.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 632

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2015
Closed on
Apr 27, 2015
Sold by
Martin Terry A and Martin Barbara A
Bought by
Troxel Ariel R
Seller's Agent
Deborah Cardwell
Century 21 ALL-SERVICE
Buyer's Agent
Deborah Cardwell
Century 21 ALL-SERVICE
List Price
$123,900
Sold Price
$120,000
Premium/Discount to List
-$3,900
-3.15%
Current Estimated Value
$207,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,001
Avg. Annual Appreciation
5.12%
Original Mortgage
$120,000
Outstanding Balance
$93,044
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$113,957
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Troxel Ariel R $120,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troxel Ariel R $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2015 04/28/15 Sold $120,000 -3.1% $106 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $123,900 -- $110 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $776 $189,300 $45,000 $144,300
2024 $776 $189,300 $45,000 $144,300
2023 $776 $94,650 $0 $0
2022 $690 $68,950 $0 $0
2021 $690 $137,900 $35,000 $102,900
2020 $690 $137,900 $35,000 $102,900
2019 $690 $137,900 $35,000 $102,900
2018 $641 $123,300 $32,000 $91,300
2017 $641 $123,300 $32,000 $91,300
2016 $641 $123,300 $32,000 $91,300
2015 $641 $123,300 $32,000 $91,300
2014 $632 $121,600 $25,000 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 289528

APN: 101E-6-3101

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