NOT LISTED FOR SALE

348 Forest Ln King William, VA 23086

Estimated Value: $313,000 - $376,000

4 Beds
2 Baths
1,209 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $185,000 $153 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,931/month

122 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Detached Garage
  • Oversized Parking
  • Deck
  • Rear Porch
  • Glass Enclosed

About This Home

As of December 2019

Price Reduced!This home has everything you need! 4 Bedrooms, 2 on the first level, 2 on the second. Full bath up & down. The living room opens to the kitchen to have a nice open feel. Out front, there is a glassed in porch running across the front of the home with sliding glass Pella doors. There is a second porch with the same amenities on the rear and it opens to a nice deck. The windows are Anderson and the home has brand new vinyl siding, a new roof and new HVAC system, nothing left to do but move in and make it your own! Out back is a mechanic's dream and a huge area to customize however you like. The 30 x 32 oversized garage has a 9,000 lb. lift, 2 large bays 700 amp service and a work area and storage. The oversized doors can open to accommodate an RV to enter. Upstairs the garage has a very large space ready to make into your own rec room or guest accommodation. Its a blank slate but has the insulation and electrical in place and can be anything you want to make it. This space has its own entrance from the outside making it perfect for those guests to come and go. All of this on a 5 acre lot in small subdivision at the end of the road make for a nice private oasis!

Last Agent to Sell the Property

Barbara Howell

Fathom Realty Virginia License #0225072060 Listed on: 07/16/2019

Fathom Realty Virginia

Last Buyer's Agent

Paige Adams

Long & Foster REALTORS License #0225225424

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1986

Lot Details

  • 5 Acre Lot
  • Zoning described as R-R

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,209 Sq Ft Home
  • 1-Story Property

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Glass Enclosed
  • Rear Porch

Schools

  • Acquinton Elementary School
  • Hamilton Holmes Middle School
  • King William High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Timberland Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29B-1-17

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,261

Year Built

Built in 1986

Lot Details

5 Acres

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1986
  • Property Attached Yn: No
  • Lot Size Acres: 5.0
  • Ownership: Individuals
  • Subdivision Name: Timberland Estates
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Living Area: 1209.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Rear Porch, Deck, Glass Enclosed
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Oversized

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Hamilton Holmes

Lot Info

  • Parcel Number: 29B-1-17
  • Zoning Description: R-R
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1261.0

MLS Schools

  • Elementary School: Acquinton
  • High School: King William

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Dec 13, 2019
Sold by
Haynes Richard T
Bought by
Walsh Matthew R
Seller's Agent
Barbara Howell
Fathom Realty Virginia
Buyer's Agent
Paige Adams
Long & Foster REALTORS
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Current Estimated Value
$345,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,264
Avg. Annual Appreciation
10.64%
Original Mortgage
$186,868
Outstanding Balance
$164,751
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$180,513
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Walsh Matthew R $185,000 Ayres Title&Stlmnt Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Matthew R $186,868
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2019 12/18/19 Sold $185,000 -11.5% $153 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
09/23/2019 09/23/19 Price Changed $209,000 -2.8% $173 / Sq Ft
08/28/2019 08/28/19 Price Changed $215,000 -2.3% $178 / Sq Ft
08/07/2019 08/07/19 Price Changed $220,000 -2.2% $182 / Sq Ft
07/16/2019 07/16/19 For Sale $225,000 -- $186 / Sq Ft
Source: Central Virginia Regional MLS

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 $1,614 $262,400 $56,000 $206,400
2024 $1,522 $262,400 $56,000 $206,400
2023 $1,522 $262,400 $56,000 $206,400
2022 $1,224 $146,600 $42,000 $104,600
2021 $1,261 $146,600 $42,000 $104,600
2020 $1,261 $212,700 $51,000 $161,700
2019 $1,232 $121,700 $42,000 $79,700
2018 $1,261 $143,300 $42,000 $101,300
2017 $1,304 $143,300 $42,000 $101,300
2016 $1,318 $143,300 $42,000 $101,300
2015 $1,347 $143,300 $42,000 $101,300
2014 $1,352 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1920194

Central Virginia Regional MLS

APN: 29B 1 17

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