NOT LISTED FOR SALE

405 Otterview Rd Forest, VA 24551

Estimated Value: $574,000 - $646,000

4 Beds
4 Baths
4,051 Sq Ft
$150/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $345,000 $85 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,413/month

175 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Dutch Colonial Architecture
  • Forest Middle School Rated A-
  • Great Room with Fireplace
  • Wood Flooring

About This Home

As of March 2013

If you are looking for a private community then look no further. One of Forest's most exclusive neighborhoods. Use the electronic gate to be at the grocery store in just minutes (2 miles away) Upgrades galore: hardwood floors, custom kitchen, stainless steel appliances, granite counters, crown moldings, 2 fireplaces, mud room, the list goes on and on. All 4 bedrooms are upstairs; the master bath boasts a double vanity, large walk-in closets, separate walk-in multi-head shower, and whirlpool tub. This professionally landscaped, immaculately kept two story sits on a 5 acre corner lot. The property includes a 20x40 in ground pool, large out building, extensive mountain views, and a large yard for the kids and pets (zoned for horses). If you like entertaining and/or being out side to enjoy the fresh air, this is the house for you. Close to shopping, schools, etc. A must see. A pleasure to show.

Last Agent to Sell the Property

Mickey Herzing

Mark A. Dalton & Co., Inc. License #0225077771 Listed on: 09/14/2012

Last Buyer's Agent

Wendy Knott

Century 21 ALL-SERVICE License #0225064182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1985

Lot Details

  • 5.22 Acre Lot
  • Fenced Yard
  • Landscaped

HOA Fees

  • $37 Monthly HOA Fees

Home Design

  • Dutch Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 4,051 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Great Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Workshop
  • Mountain Views

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Bathtub Includes Tile Surround
  • Garden Bath

Laundry

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

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Finished Basement

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

Parking

  • Garage
  • Garage Door Opener

Pool

  • In Ground Pool

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include road maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,220

Year Built

Built in 1985

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • FILLACRES: 5.2200
  • AssocFeeOptional: Required
  • Directions: Thomas Jefferson Rd.(Rt. 811) to Everett Rd. To a right into the Meadow Wood community. Stay on Otterview Rd. look for Dawson Ford Garbee sign on the right. 1st house past Big Maple Dr.
  • Lot Measurement: Acres
  • Lot Sq Ft: 227383.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1985
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Dutch Colonial
  • Foyer Area: 120.750000
  • Laundryroom Dim: 10.000 x 7.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 12.000 x 14.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 245.000000
  • Master Bedroom Dim: 17.500 x 14.000
  • Masterbedroom Len: 17.500
  • Masterbedroom Wid: 14.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (2 2)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Lot 10, Sec. 2
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 13x11.50 Level: Level 2 Above Grade
  • Third Bedroom Area: 149.500000
  • Fourth Bedroom: 13x13 Level: Below Grade
  • Fourth Bedroom Area: 169.000000
  • Above Grade Finished Sq Ft: 2931.00
  • ApplianceConvey: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance, Walkout, Workshop
  • Breakfast Area: 11x8 Level: Level 1 Above Grade
  • Flooring: Carpet, Hardwood, Laminate
  • Year Built Exception: 0
  • Deck: 24x14 Level: Level 1 Above Grade
  • Family Room: 22x15 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Den, Great Room
  • Formal Dining: 14x13.50 Level: Level 1 Above Grade
  • Foyer: 11.50x10.50 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 25x13 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, Garden Tub, Great Room, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Walk-In Closet(s), Workshop
  • Dining Kitchen: 16x15.50 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x7 Level: Level 1 Above Grade
  • Living Room: 12x14 Level: Level 1 Above Grade
  • Master Bedroom: 17.50x14 Level: Level 2 Above Grade
  • Rec Room: 30x14 Level: Below Grade
  • FamilyRoom Area: 330.000000
  • GreatRoom Area: 325.000000
  • Livinggreat Room Dim: 25.000 x 13.000
  • Kitchen Area: 248.000000
  • Laundry Room Area: 70.000000
  • LivingRoom Area: 168.000000
  • 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 Area: 420.000000
  • Rec Room Dim: 30.000 x 14.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: In Ground Pool, Paved Drive, Fenced Yard, Landscaped, Undergrnd Utilities, Mountain Views
  • Patio: 14x11 Level: Below Grade

Garage/Parking

  • Garage Spaces: Garage Door Opener
  • Garage Area: 528.000000
  • Garage Dim: 24.000 x 22.000
  • GarageLen: 24.000
  • GarageWid: 22.000

Utilities

  • Air Conditioner: Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 440.00

Schools

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

Lot Info

  • Lot Sq Ft: 4051.00

Tax Info

  • Estimated Taxes: 1220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2012
Closed on
Feb 18, 2013
Sold by
Andrews Jeffrey J and Andrews Dana S
Bought by
Damm Andrew E and Damm Rachel M
Seller's Agent
Mickey Herzing
Mark A. Dalton & Co., Inc.
Buyer's Agent
Wendy Knott
Century 21 ALL-SERVICE
List Price
$369,000
Sold Price
$345,000
Premium/Discount to List
-$24,000
-6.5%
Current Estimated Value
$608,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,854
Avg. Annual Appreciation
4.62%
Original Mortgage
$295,000
Outstanding Balance
$206,602
Interest Rate
3.45%
Mortgage Type
VA
Estimated Equity
$402,252

Purchase Details

Closed on
Aug 2, 2012
Sold by
Wills William Neil and Wills Judy S
Bought by
Wills Judy S
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
Damm Andrew E $345,000 Reliance Title & Settlement
Wills Judy S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damm Andrew E $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $345,000 -6.5% $85 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
09/14/2012 09/14/12 For Sale $369,000 -- $91 / 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 $1,780 $434,200 $112,200 $322,000
2024 $1,780 $434,200 $112,200 $322,000
2023 $1,780 $217,100 $0 $0
2022 $1,706 $170,550 $0 $0
2021 $1,706 $341,100 $112,200 $228,900
2020 $1,706 $341,100 $112,200 $228,900
2019 $1,706 $341,100 $112,200 $228,900
2018 $1,725 $331,800 $102,200 $229,600
2017 $1,725 $331,800 $102,200 $229,600
2016 $1,725 $331,800 $102,200 $229,600
2015 $1,725 $331,800 $102,200 $229,600
2014 $1,715 $329,800 $87,200 $242,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 274725

APN: 116-7-10