NOT LISTED FOR SALE

311 Spring Lake Rd Forest, VA 24551

Estimated Value: $605,000 - $679,424

6 Beds
5 Baths
7,000 Sq Ft
$93/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $594,900 $85 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,735/month

1 Day on Market

Highlights

  • 1.6 Acre Lot
  • Fireplace in Primary Bedroom
  • Tudor Architecture
  • Forest Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of September 2024

Charming Tudor on Spring Lake in the coveted Forest Lakes neighborhood, just steps from Colonial Hills Golf Club & framed by the stunning Blue Ridge Mountains in the heart of Forest. This main-level home, perfect for multi-generational living, boasts a flat 1.6-acre waterfront lot. Features include a spacious kitchen with a large island, eat-in kitchen, main-level laundry, formal dining area, vaulted formal living room with marble gas fireplace & a sunroom. Continuing on the main level is a large master suite with an over-sized closet and sitting area, dual vanities, tub and handicap accessible walk-in shower. Down the hall is another full bath and two bedrooms. The terrace level offers two mother-in-law suites, each with 1 full bed and bath, kitchenette and den. There is additional finished space for another den, gym/work out area, bedroom, full bath and finished space for storage. Enjoy entertaining on the large upper decks and front courtyard patio. Huge walk-up attic for storage.

Last Agent to Sell the Property

Betsy Ferguson

Lynchburg's Finest Team LLC License #0225197755 Listed on: 08/19/2024

Co-Listed By

Yvonne Jansen

Lynchburg's Finest Team LLC License #0225194075

Last Buyer's Agent

Betsy Ferguson

Lynchburg's Finest Team LLC License #0225197755 Listed on: 08/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,273

Year Built

  • Built in 1994

Lot Details

  • 1.6 Acre Lot
  • Property is zoned R1

HOA Fees

  • $84 Monthly HOA Fees

Home Design

  • Tudor Architecture
  • Shingle Roof

Interior Spaces

  • 7,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

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

Attic

  • Attic Floors
  • Attic Access Panel
  • Walkup Attic

Finished Basement

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

Parking

  • Garage
  • Off-Street Parking

Schools

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

Utilities

  • Zoned Heating
  • Heat Pump System
  • Hot Water Heating System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Handicap Shower
  • Property is near golf course

Listing and Financial Details

  • Assessor Parcel Number 10003941

Community Details

Overview

  • Association fees include lake/pond, pool, tennis, trash
  • Forest Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Building Details

  • Net Lease

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,273

Year Built

Built in 1994

Lot Details

1.6 Acres

HOA Fees

$84 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Forest Road, Route 221, From Lynchburg To Right On Graves Mill Extention To Left On Lake Vista Then Another Left On Lake Vista Drive To Left On Spring Lake To Home On Right
  • Days On Market: No
  • Prop. Type: Residential
  • Year Built: 1994
  • FullBathBelowGrade: 3
  • Garage Yn: Yes
  • Foyer Area: 399.000000
  • Property Sub-Type: Single Family Residence
  • Co List Office Mls Id: 494
  • Subdivision Name: Forest
  • Above Grade Finished Sq Ft: 3500.00
  • Reso Accessibility Features: Shower
  • Architectural Style: Tudor
  • Laundryroom Dim: 10.000 x 6.000
  • Office Dim: 0.000 x 0.000
  • Laundryroom Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 5.00
  • Bathrooms Display: 5 (5 0)
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Has Attic: Access, Floored, Walk-Up Stairs
  • Has Basement: Exterior Entrance, Finished, Full, Heated, Interior Entrance, Walkout
  • Breakfast Area: 15x9 Level: Level 1 Above Grade
  • Flooring: Hardwood, Tile, Vinyl
  • Deck: 30x13 Level: Level 1 Above Grade
  • Den: 15x14 Level: Below Grade
  • Formal Dining: 14x14 Level: Level 1 Above Grade
  • Foyer: 19x21 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 27x16 Level: Level 1 Above Grade
  • Interior Amenities: Apartment, Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Separate Dining Room, Skylights, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 30x15 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 10x6 Level: Level 1 Above Grade
  • Living Room: 17x21 Level: Below Grade
  • Master Bedroom: 26x14 Level: Level 1 Above Grade
  • Other Room 1: 16x14 Level: Level 1 Above Grade
  • Other Room 2: 20x22 Level: Below Grade
  • Other Room 3: 8x10 Level: Below Grade
  • Additional Room 1 Description: Master Bed Closet
  • Additional Room 2 Description: Work-Out Room
  • Additional Room 3 Description: Storage Closet
  • Sun Room: 24x21 Level: Level 1 Above Grade
  • Appliances: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Fireplace: 1 Fireplace, Gas Log, Great Room, Primary Bedroom
  • Stories: One
  • Sixth Bedroom: 12x13 Level: Below Grade
  • Fifth Bedroom: 14x12 Level: Below Grade
  • Third Bedroom: 11x12 Level: Level 1 Above Grade
  • Fourth Bedroom: 18x16 Level: Below Grade
  • Second Bedroom: 12x13 Level: Level 1 Above Grade
  • Room Bedroom5 Area: 168.000000
  • Room Bedroom3 Area: 132.000000
  • Room Master Bedroom Area: 364.000000
  • Den Area: 210.000000
  • Room Bedroom4 Area: 288.000000
  • GreatRoom Area: 432.000000
  • Room Kitchen Area: 450.000000
  • Room Living Room Area: 357.000000
  • Room Bedroom2 Area: 156.000000
  • MasterBedroomDimensions Dim: 26.000 x 14.000
  • Kitchen Dim: 30.000 x 15.000
  • Sunroom Dim: 24.000 x 21.000
  • Master Bedroom Master Bedroom Width: 14.000

Exterior Features

  • Lot Number: 9
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Deck, Off-Street Parking, Patio, Side Porch, Pool Nearby, Paved Drive, Tennis Courts Nearby, Undergrnd Utilities, Golf Nearby
  • Patio: 24x17 Level: Level 1 Above Grade

Garage/Parking

  • Garage Area: 567.000000
  • Garage Dim: 27.000 x 21.000
  • GarageLen: 27.000
  • GarageWid: 21.000
  • General Property Description:_pound_ Attached Garage Spaces: 2 Car

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Cooling: Heat Pump, Three-Zone or More
  • Sewer: County
  • Water Heater: Electric
  • Heating: Heat Pump, Hot Water-Elec, Three-Zone or more
  • Water Source: County

Condo/Co-op/Association

  • Association Fee: 84.00
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Lake/Pond, Pool, Tennis, Trash

Schools

  • Elementary School: Forest Elem
  • High School: Jefferson Forest-HS
  • Middle School: Forest Midl
  • Junior High Dist: Bedford

Lot Info

  • Zoning: R1
  • Acres: 1.6000
  • Lot Size Sq Ft: 69696.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 10003941
  • ResoLotSizeUnits: Acres

Rental Info

  • Sub Lease: No
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 3273

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Primary School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 20, 2024
Sold by
Simmer Yvette B
Bought by
Ridout Steven and Ridout Rachel
Seller's Agent
Betsy Ferguson
Lynchburg's Finest Team LLC
Buyer's Agent
Betsy Ferguson
Lynchburg's Finest Team LLC
List Price
$599,900
Sold Price
$594,900
Premium/Discount to List
-$5,000
-0.83%
Views
18
Current Estimated Value
$649,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,456
Avg. Annual Appreciation
6.14%
Original Mortgage
$306,900
Outstanding Balance
$303,463
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$345,893

Purchase Details

Closed on
Jun 23, 2023
Sold by
Simmer William L
Bought by
Simmer Yvette B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ridout Steven $594,900 Chicago Title
Simmer Yvette B -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridout Steven $306,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $594,900 -0.8% $85 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $599,900 -- $86 / 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 $3,273 $798,300 $90,000 $708,300
2024 $3,273 $798,300 $90,000 $708,300
2023 $3,273 $399,150 $0 $0
2022 $2,945 $294,500 $0 $0
2021 $2,945 $589,000 $75,000 $514,000
2020 $2,945 $589,000 $75,000 $514,000
2019 $2,945 $589,000 $75,000 $514,000
2018 $3,012 $579,300 $75,000 $504,300
2017 $3,012 $579,300 $75,000 $504,300
2016 $3,012 $579,300 $75,000 $504,300
2015 $3,012 $579,300 $75,000 $504,300
2014 $2,849 $547,900 $65,000 $482,900
Source: Public Records

Agents Affiliated with this Home

  • Betsy Ferguson

    Seller's Agent in 2024

    Betsy Ferguson

    Lynchburg's Finest Team LLC

    (434) 941-8699

    18 in this area

    148 Total Sales

    Betsy Ferguson
    Section Image
  • Yvonne Jansen

    Seller Co-Listing Agent in 2024

    Yvonne Jansen

    Lynchburg's Finest Team LLC

    (703) 282-9080

    11 in this area

    93 Total Sales

    Yvonne Jansen
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 354100

APN: 100B-2-9

Virginia Bedford County Forest 24551

311 Spring Lake Rd, Forest, VA

Not Listed for Sale

Detached

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