NOT LISTED FOR SALE

371 Lake Forest Dr Lynchburg, VA 24502

Estimated Value: $398,000 - $492,000

4 Beds
3.5 Baths
2,566 Sq Ft
$169/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $291,000 $113 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,483/month

4 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • Wood Flooring
  • Water Access
  • Multiple Fireplaces
  • Workshop

About This Home

As of August 2020

Escape to this lakefront oasis with private waterfront access! An open, bright kitchen with wood flooring and new granite countertops make for an inviting and functional space. The attached dining room leads to a large deck overlooking the lake - perfect for relaxing during your meal, inside or out! The main floor also has a large living room and a bedroom with hardwoods - an ideal office space for working from home. Upstairs bedrooms are a nice size and the second floor has beautiful views of the lake. In addition to this home being very attractive and well-maintained in the front, this house has an incredible yard in the back. You won't need to travel for vacation with this view! Additional recent upgrades - new driveway and walkway (over $10k), new patio, new heat pump, new ceiling fans throughout, new carpet in living room and basement family room, upgraded toilets, and a new security system (ADT) that includes automatic security lighting at night.

Last Agent to Sell the Property

Tim Johannsen

Mark A. Dalton & Co., Inc. License #0225226362 Listed on: 07/23/2020

Last Buyer's Agent

Tim Johannsen

Mark A. Dalton & Co., Inc. License #0225226362 Listed on: 07/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1978

Lot Details

  • 0.6 Acre Lot
  • Lake Front
  • Garden

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 2,566 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

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

Finished Basement

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Water Access
  • Outdoor Storage

Schools

  • Tomahawk Elementary School
  • Brookville Midl Middle School
  • Brookville High School

Utilities

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

Community Details

  • Wildwood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,167

Year Built

Built in 1978

Lot Details

0

Listing Details

  • FILLACRES: 0.6000
  • BuildingOnProperty: Storage Building
  • Directions: Timberlake Road - Route 460 By-Pass (Lynchburg-Salem Turnpike), left on Wildwood, right on Lake Forest.
  • ElementarySchool4: Tomahawk Elem
  • HighSchool4: Brookville High
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 26136.00
  • MiddleSchool4: Brookville Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1978
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Contemporary
  • Foyer Area: 99.000000
  • Laundryroom Dim: 6.000 x 8.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 12.000 x 22.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 22.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 13.000 x 15.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 15.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: WILDWOOD, LOT 49 SEC 2-A
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 132.000000
  • Third Bedroom: 10x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 110.000000
  • Fourth Bedroom: 13x9 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 117.000000
  • Above Grade Finished Sq Ft: 1922.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Pull Down
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Walkout, Workshop
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 12x23 Level: Level 1 Above Grade
  • Family Room: 11x18 Level: Below Grade
  • Fireplace: 2 Fireplaces, Gas Log
  • Formal Dining: 12x15 Level: Level 1 Above Grade
  • Foyer: 9x11 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), High Speed Data Aval, Security System, Smoke Alarm, Wet Bar
  • Dining Kitchen: 10x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Washer Connections
  • Laundry Room: 6x8 Level: Level 1 Above Grade
  • Living Room: 12x22 Level: Level 1 Above Grade
  • Master Bedroom: 13x15 Level: Level 2 Above Grade
  • Porch: 4x12 Level: Level 1 Above Grade
  • FamilyRoom Area: 198.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 100.000000
  • Laundry Room Area: 48.000000
  • LivingRoom Area: 264.000000
  • 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: Water View, Paved Drive, Garden Space, Lake Front, Water Access
  • Patio: 12x14 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Wildwood

Schools

  • School District: Campbell
  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2566.00

Tax Info

  • Estimated Taxes: 1167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Nez Thomas J
Bought by
Sierkowska Monika and Nez Thomas J
Current Estimated Value
$434,195

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 26, 2020
Sold by
Shaw Richard James and Shaw Hattie Mae
Bought by
Nez Thomas J
Seller's Agent
Tim Johannsen
Mark A. Dalton & Co., Inc.
Buyer's Agent
Tim Johannsen
Mark A. Dalton & Co., Inc.
List Price
$285,900
Sold Price
$291,000
Premium/Discount to List
$5,100
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$241,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2013
Closed on
Apr 1, 2013
Sold by
Torning Trustee Ralph R
Bought by
James Richard
Seller's Agent
Gary Blount
Century 21 ALL-SERVICE
Buyer's Agent
James Whitehead
Watts Auction Realty Appra Inc
List Price
$234,900
Sold Price
$219,500
Premium/Discount to List
-$15,400
-6.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%
Source: Public Records

Range of Values:

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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
Sierkowska Monika -- James A Downey Jr Pc
Nez Thomas J $291,000 Reliance Title & Stlmnt Llc
James Richard $219,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nez Thomas J $50,500
Previous Owner Nez Thomas J $241,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $291,000 +1.8% $113 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $285,900 +30.3% $111 / Sq Ft
04/18/2013 04/18/13 Sold $219,500 -6.6% $86 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
01/26/2013 01/26/13 For Sale $234,900 -- $92 / 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 $1,404 $312,000 $56,300 $255,700
2024 $1,404 $312,000 $56,300 $255,700
2023 $1,404 $312,000 $56,300 $255,700
2022 $1,167 $224,400 $31,300 $193,100
2021 $1,167 $224,400 $31,300 $193,100
2020 $1,167 $224,400 $31,300 $193,100
2019 $1,167 $224,400 $31,300 $193,100
2018 $1,174 $225,700 $37,900 $187,800
2017 $1,174 $225,700 $37,900 $187,800
2016 $1,174 $225,700 $37,900 $187,800
2015 -- $225,700 $37,900 $187,800
2014 -- $219,500 $37,500 $182,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tim Johannsen

    Mark A. Dalton & Co., Inc.

    (804) 502-6226

    39 Total Sales

    Section Image

  • G

    Seller's Agent in 2013

    Gary Blount

    Century 21 ALL-SERVICE

  • J

    Buyer's Agent in 2013

    James Whitehead

    Watts Auction Realty Appra Inc

    (434) 444-5380

    4 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 326224

APN: 020J-02000-049-0

Virginia Campbell County Lynchburg 24502

371 Lake Forest Dr, Lynchburg, VA

This home is located at 371 Lake Forest Dr, Lynchburg, VA 24502 since 23 July 2020 and is currently estimated at $434,195, approximately $169 per square foot. This property was built in 1978. 371 Lake Forest Dr is a home located in Campbell County with nearby schools including Leesville Road Elementary School, Brookville Middle School, and Brookville High School.

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