NOT LISTED FOR SALE

407 William Penn Dr Forest, VA 24551

Estimated Value: $329,412 - $365,000

4 Beds
2.5 Baths
2,753 Sq Ft
$128/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $300,000 $109 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,926/month

8 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Walk-In Closet
  • Main Floor Bedroom
  • Storm Windows
  • Laundry Room

About This Home

As of July 2022

Beautiful 4-bedroom 3 bath home on a cul-de-sac in a very desirable Forest location. Lovely hardwood floors in the family room opening up to a breakfast area with a large kitchen with plenty of cabinet space and newer stainless-steel appliances. 3 bedrooms and 2 full baths on the main level. Downstairs features a large cozy den area with a rock fireplace, a laundry room, and several other rooms that could easily be used as other bedrooms or an office space and a half bathroom is downstairs. Outside is a great area to entertain with a nice size deck and a beautiful landscaped flat yard. Many updates have been done including heat pump 2009, windows 2016, hot water heater 2018. This home has been very well taken care of and has lots of square footage!

Last Agent to Sell the Property

Melissa Murdock

Century 21 ALL-SERVICE License #0225202806 Listed on: 06/02/2022

Century 21 ALL-SERVICE

Last Buyer's Agent

Chelsea Griffin

Keeton & Co Real Estate License #0225257461

Keeton & Co Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1983

Lot Details

  • 0.49 Acre Lot
  • Landscaped
  • Garden

Home Design

  • Split Foyer
  • Shingle Roof

Interior Spaces

  • 2,753 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Storage In Attic

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

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

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 136D120

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

Built in 1983

Lot Details

0

Listing Details

  • FILLACRES: 0.4900
  • BuildingOnProperty: Storage Building
  • Directions: Waterlick Rd to Carriage Hill to L on Independence, R Paul Revere, L Pocahontas, R William Penn.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 21344.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 136D120
  • Year Built: 1983
  • HalfBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Multi/Split
  • Dwelling Styles: Split Foyer
  • Officeden Len: 23.000
  • Officeden Wid: 16.000
  • Foyer Area: 63.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • Masterbedroom Area: 195.000000
  • Master Bedroom Dim: 15.000 x 13.000
  • Masterbedroom Len: 15.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 13.000 x 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Colonial Hills LT 20
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x13 Level: Level 2 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 12x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 120.000000
  • Fourth Bedroom: 11x15 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 165.000000
  • Fifth Bedroom: 11x13 Level: Level 1 Above Grade
  • Fifth Bedroom Area: 143.000000
  • Above Grade Finished Sq Ft: 2753.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Storage Only
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Heated, Interior Entrance, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Year Built Exception: 0
  • Deck: 19x10 Level: Level 1 Above Grade
  • Den: 23x16 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Wood Burning
  • Foyer: 7x9 Level: Level 2 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 14x16 Level: Level 2 Above Grade
  • Interior Amenities: Cable Available, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Rods, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 14x20 Level: Level 2 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Separate Laundry Rm., Washer Connections
  • Master Bedroom: 15x13 Level: Level 2 Above Grade
  • Office: 13x10 Level: Level 1 Above Grade
  • Porch: 7x9 Level: Level 2 Above Grade
  • Den Area: 368.000000
  • GreatRoom Area: 224.000000
  • Livinggreat Room Dim: 14.000 x 16.000
  • Kitchen Area: 280.000000
  • Office Area: 130.000000
  • 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: Paved Drive, Garden Space, Landscaped, Storm Windows, Insulated Glass
  • Patio: 19x10 Level: Level 2 Above Grade

Garage/Parking

  • 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

Schools

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

Lot Info

  • Lot Sq Ft: 2753.00

Tax Info

  • Estimated Taxes: 986

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jul 11, 2022
Sold by
Pennix Sherlonzo Rondale and Pennix Lisa Dade
Bought by
Penrod Michelle A
Seller's Agent
Melissa Murdock
Century 21 ALL-SERVICE
Buyer's Agent
Chelsea Griffin
Keeton & Co Real Estate
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$351,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,603
Avg. Annual Appreciation
4.65%
Original Mortgage
$240,000
Outstanding Balance
$228,352
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$123,251

Purchase Details

Closed on
Apr 10, 2007
Sold by
Rickman Lewis E and Rickman Cindy L
Bought by
Pennix Sherlonzo Rondale and Pennix Lisa Dade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,900
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
Rickman Lewis E
Bought by
Rickman Lewis E and Rickman Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
9.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2005
Sold by
Markham M Shane and Markham Donna D
Bought by
Rickman Lewis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,799
Interest Rate
5.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Penrod Michelle A $300,000 Shoemaker Jason G
Pennix Sherlonzo Rondale -- None Available
Rickman Lewis E -- None Available
Rickman Lewis E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penrod Michelle A $240,000
Previous Owner Pennix Sherlonzo Rondale $192,900
Previous Owner Rickman Lewis E $175,750
Previous Owner Rickman Lewis E $148,799
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2022 07/11/22 Sold $300,000 0.0% $109 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $299,900 -- $109 / 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 $1,055 $257,200 $48,000 $209,200
2024 $1,055 $257,200 $48,000 $209,200
2023 $1,055 $128,600 $0 $0
2022 $986 $98,600 $0 $0
2021 $986 $197,200 $42,000 $155,200
2020 $986 $197,200 $42,000 $155,200
2019 $986 $197,200 $42,000 $155,200
2018 $942 $181,200 $40,000 $141,200
2017 $942 $181,200 $40,000 $141,200
2016 $942 $181,200 $40,000 $141,200
2015 $942 $181,200 $40,000 $141,200
2014 $873 $167,800 $30,000 $137,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Melissa Murdock

    Century 21 ALL-SERVICE

    (434) 856-2134

    19 in this area

    99 Total Sales

    Melissa Murdock
    Section Image

  • C

    Buyer's Agent in 2022

    Chelsea Griffin

    Keeton & Co Real Estate

    (434) 841-8294

    5 in this area

    51 Total Sales

    Chelsea Griffin
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338597

APN: 136D-1-20

Virginia Bedford County Forest 24551

407 William Penn Dr, Forest, VA

Not Listed for Sale

Detached

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