NOT LISTED FOR SALE

3847 Thomas Jefferson Rd Forest, VA 24551

Estimated Value: $500,000 - $2,246,970

38.5 Acres
$34,675 Price per Acre
1,677,060 Sq Ft Lot

Sale Details

Date Sold: April 13, 2021

Last sale price $925,000 $1 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,457 / mo

524 Days on Market

Highlights

  • Barn
  • 38.5 Acre Lot
  • Garage

About This Lot

As of April 2021

Prime Development Tract or Private Estate with approximately 1300' of road frontage on Thomas Jefferson Rd. (Rt. 811), with two outlets on Shady Oak Lane. Attractive 2,300 sq. ft. brick cape code home, finished, with full basement, 2-car brick garage and barn. Great views & lays well. Fully fenced, public water. Existing house on septic.

Last Agent to Sell the Property

Rick Read

Coldwell Banker Commercial Rea License #0225002576 Listed on: 09/27/2019

Coldwell Banker Commercial Rea

Co-Listed By

Ricky Read

Coldwell Banker Commercial Rea License #0225188167

Last Buyer's Agent

Wanda Robertson

Virginia Homes & Land Realty License #0225256513

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,300

Lot Details

  • 38.5 Acre Lot
  • Property is zoned R-2

Parking

  • Garage

Schools

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

Farming

  • Barn

Listing and Financial Details

  • Assessor Parcel Number 135A62

Property Details

Property Type

Land

Est. Annual Taxes

$4,300

Lot Details

38.5 Acres

Listing Details

  • FILLACRES: 38.5000
  • BuildingOnProperty: Barn, Garage, House
  • Directions: Located on Thomas Jefferson Road (Rt. 811) in Forest, VA, just West of the Jump Park.
  • Lot Measurement: Acres
  • Lot Sq Ft: 1677060.00
  • Days On Market: No
  • Property Subtype1: Farm
  • Prop. Type: Land
  • Restrictions: None
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 135A62
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Lick Run
  • Middle School2: Forest Midl
  • Reciprocal Listing: No

Exterior Features

  • Road Frontage: 1300.00

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Current Use: Residential
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 4300

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Bought by
Current Estimated Value
$1,334,990

Purchase Details

Listed on
Sep 27, 2019
Closed on
Apr 13, 2021
Sold by
Bought by
Seller's Agent
Rick Read
Coldwell Banker Commercial Rea
Buyer's Agent
Wanda Robertson
Virginia Homes & Land Realty
List Price
$1,050,000
Sold Price
$925,000
Premium/Discount to List
-$125,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$20,000 Old Republic National Title
$925,000 Pike Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Sold $925,000 -11.9% $1 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
09/27/2019 09/27/19 For Sale $1,050,000 -- $1 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,961 $1,629,700 $1,022,300 $607,400
2024 $2,961 $1,629,700 $1,022,300 $607,400
2023 $1,762 $214,850 $0 $0
2022 $1,045 $104,500 $0 $0
2021 $1,044 $208,800 $55,000 $153,800
2020 $1,044 $208,800 $55,000 $153,800
2019 $1,044 $208,800 $55,000 $153,800
2018 $1,052 $202,400 $53,000 $149,400
2017 $1,052 $202,400 $53,000 $149,400
2016 $1,052 $202,400 $53,000 $149,400
2015 $1,052 $202,400 $53,000 $149,400
2014 $1,069 $205,600 $53,000 $152,600
Source: Public Records

Agents Affiliated with this Home

  • Rick Read

    Seller's Agent in 2021

    Rick Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    32 Total Sales

    Rick Read
    Section Image
  • Ricky Read

    Seller Co-Listing Agent in 2021

    Ricky Read

    Coldwell Banker Commercial Rea

    (434) 455-2285

    47 Total Sales

    Ricky Read
    Section Image

  • W

    Buyer's Agent in 2021

    Wanda Robertson

    Virginia Homes & Land Realty

    (434) 426-2103

    80 Total Sales

    Wanda Robertson
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 321231

APN: 135-A-62

Virginia Bedford County Forest 24551

3847 Thomas Jefferson Rd, Forest, VA

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