NOT LISTED FOR SALE

312 Otterview Rd Forest, VA 24551

Estimated Value: $481,000 - $590,000

3 Beds
2.5 Baths
2,090 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $445,000 $213 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,088/month

16 Days on Market

Highlights

  • Barn
  • Mountain View
  • Wood Flooring
  • Forest Middle School Rated A-
  • Ranch Style House
  • Circular Driveway

About This Home

As of June 2021

Stunning mountain views coming home to this private 3 bed 2 bath ranch in Forest! This home sits on 6 acres and has a 36 x 31 barn ideal for horses or storage. Paved circular drive leads you to the two car garage. Stand on the front porch and enjoy view of the farm and the mountains! Head into the foyer and you will notice the large stone wood burning fireplace. Head left to the bedrooms with the master having his and her closets and en suite bath. Views from every room! To the right takes you past the dining room into the kitchen big enough to have a breakfast nook. Continue to the den with hardwood floors and tongue and groove ceilings. Head downstairs for a full unfinished basement with lots of windows. bath rough ins make this basement ready to be finished space or a huge work space. This private subdivision has gated access that allows you to go straight to 221, the post office, Kroger and much more. Ready to live in or remodel into your own vision!

Last Agent to Sell the Property

Jimmy Miller

John Stewart Walker, Inc License #0225201733 Listed on: 04/27/2021

Last Buyer's Agent

Karl Miller

Karl Miller Realty LLC License #0225246610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1980

Lot Details

  • 6 Acre Lot
  • Property is zoned R1

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,090 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Mountain Views
  • Storm Windows
  • Laundry on main level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Attic

  • Attic Fan
  • Scuttle Attic Hole

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Schools

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

Farming

  • Barn

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include road maintenance, snow removal
  • Meadow Wood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 116-7-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,589

Year Built

Built in 1980

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • FILLACRES: 6.0000
  • AssocFeeOptional: Required
  • BuildingOnProperty: Barn
  • Directions: 221 to Homestead Drive, Follow onto Bateman Bridge Drive, Left onto Thomas Jefferson Rd, Right onto Everett Rd, Right onto Otterview Rd
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 261360.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 116-7-1
  • Year Built: 1980
  • Heating System: Heat Pump
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 18.000
  • Officeden Wid: 12.000
  • Foyer Area: 48.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 20.000 x 16.000
  • Livingroom Len: 20.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 225.000000
  • Master Bedroom Dim: 15.000 x 15.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: New Lot 1 Section 2 Meadow Wood
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 13x11 Level: Level 1 Above Grade
  • Third Bedroom Area: 143.000000
  • Above Grade Finished Sq Ft: 2090.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Scuttle
  • Has Basement: Exterior Entrance, Full, Roughed in Bath, Walkout
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 28x7 Level: Level 1 Above Grade
  • Den: 18x12 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room, Stone, Wood Burning
  • Formal Dining: 11x17 Level: Level 1 Above Grade
  • Foyer: 8x6 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath
  • Dining Kitchen: 17x12 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Living Room: 20x16 Level: Level 1 Above Grade
  • Master Bedroom: 15x15 Level: Level 1 Above Grade
  • Porch: 35x7 Level: Level 1 Above Grade
  • Den Area: 216.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 204.000000
  • LivingRoom Area: 320.000000
  • 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: Circular Drive, Paved Drive, Storm Windows, Mountain Views

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Area: 494.000000
  • Garage Dim: 26.000 x 19.000
  • GarageLen: 26.000
  • GarageWid: 19.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Attic Fan, Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Road Maintenance, Snow Removal
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 710.00
  • Subdivision Complex: Meadow Wood

Schools

  • School District: Bedford
  • Elementary School #2: Thomas Jefferson-Elm
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2090.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 1589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 10, 2021
Sold by
Donald A Smith Irrevocable Trust and East Lori S
Bought by
Vernon E And Mary J Smith Revocable Living Tr and Smith
Seller's Agent
Jimmy Miller
John Stewart Walker, Inc
Buyer's Agent
Karl Miller
Karl Miller Realty LLC
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$545,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,400
Avg. Annual Appreciation
4.84%
Original Mortgage
$290,000
Outstanding Balance
$262,559
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$282,841

Purchase Details

Closed on
Apr 1, 2021
Sold by
Smith Angela Palladino
Bought by
East Lori S and The Donald A Smith Irrevocable
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
Vernon E And Mary J Smith Revocable Living Tr $445,000 None Listed On Document
East Lori S $20,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vernon E And Mary J Smith Revocable Living Tr $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $445,000 -1.1% $213 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $450,000 -- $215 / 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 $1,642 $400,600 $145,000 $255,600
2024 $1,642 $400,600 $145,000 $255,600
2023 $1,642 $200,300 $0 $0
2022 $1,589 $158,900 $0 $0
2021 $1,589 $317,800 $130,000 $187,800
2020 $1,589 $317,800 $130,000 $187,800
2019 $1,589 $317,800 $130,000 $187,800
2018 $1,680 $323,100 $120,000 $203,100
2017 $1,680 $323,100 $120,000 $203,100
2016 $1,680 $323,100 $120,000 $203,100
2015 $1,680 $323,100 $120,000 $203,100
2014 $1,527 $293,700 $98,000 $195,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331144

APN: 116-7-1