NOT LISTED FOR SALE

408 Spring Lake Rd Forest, VA 24551

Estimated Value: $604,000 - $699,000

5 Beds
3.5 Baths
3,668 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $397,500 $108 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,651/month

49 Days on Market

Highlights

  • Water Access
  • 1 Acre Lot
  • Property is near a clubhouse
  • Forest Elementary School Rated A-
  • Community Lake
  • Secluded Lot

About This Home

As of August 2016

Welcome HOME to 408 Spring Lake, like new with so many updates and upgrades, move-in ready! Picturesque setting with mature trees, next to nature trail leading to playground, and picture-perfect back yard, finished basement, so much more. You'll appreciate the value with NEW roof (2016), NEW windows (2016), NEW deck with composite flooring and railings (low maintenance) overlooking lush rear yard, newer heat pumps (2011). This home boasts formals, newly remodeled kitchen with granite, wrap-around breakfast bar, and unique island in the breakfast nook, stainless appliances, and huge pantry, all open to the main level den with fireplace. Two-car garage just off the kitchen for bringing in groceries. Second level boasts four bedrooms (including huge master (with pampering bath), walk-in closet, two other bedrooms plus enormous bonus room with new carpet, lots of storage. Terrace level finished with bedroom, full bath, huge family room with fireplace, more storage, great patio. WOW!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 07/06/2016

Re/Max 1st Olympic

Last Buyer's Agent

Jane Blickenstaff

Blickenstaff & Company, Realto License #0225079026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • Landscaped
  • Secluded Lot

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 3,668 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer Hookup

Attic

  • Attic Fan
  • Attic Floors
  • Attic Access Panel
  • Walkup Attic
  • Pull Down Stairs to Attic

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Outdoor Features

  • Water Access

Location

  • Property is near a clubhouse
  • Property is near a golf course

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10003965

Community Details

Overview

  • Association fees include grounds maintenance, lake/pond, neighborhood lights, playground, pool, road maintenance, snow removal, tennis, trash
  • Forest Lakes Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 1997

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • FILLACRES: 1.0000
  • Directions: Rt. 221 to Gumtree Rd. to right on Spring Lake Rd. to last house on the left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 43560.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 10003965
  • Year Built: 1997
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Foyer Area: 144.000000
  • Laundryroom Dim: 7.000 x 7.000
  • Laundryroom Len: 7.000
  • Living Room Dim: 13.000 x 11.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 234.000000
  • Master Bedroom Dim: 18.000 x 13.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 13.000
  • 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: 5
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Forest Lakes Lt 42 Sec VI
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 12x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 132.000000
  • Fourth Bedroom: 20x17 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 340.000000
  • Fifth Bedroom: 13x8 Level: Below Grade
  • Fifth Bedroom Area: 104.000000
  • Above Grade Finished Sq Ft: 2552.00
  • ApplianceConvey: Convection, Cooktop, Dishwasher, Microwave, Range-Elec, Refrigerator, Self Cleaning Oven
  • Has Attic: Access, Floored, Pull Down, Walk-Up Stairs, Windows
  • Has Basement: Exterior Entrance, Finished, Fireplace, Full, Game Room, Heated, Interior Entrance, Walkout
  • Breakfast Area: 14x7 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Tile
  • Year Built Exception: 0
  • Deck: 37x15 Level: Level 1 Above Grade
  • Family Room: 20x14 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Den, Gas Log, Wood Burning, Other
  • Formal Dining: 12x11 Level: Level 1 Above Grade
  • Foyer: 16x9 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • Great Room: 28x18 Level: Below Grade
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Tile Bath(s), Drywall, Garden Tub, High Speed Data Aval, Main Level Den, Master Bed w/ Bath, Pantry, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 14x14 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Second Floor, Separate Laundry Rm., Washer Connections
  • Laundry Room: 7x7 Level: Level 2 Above Grade
  • Living Room: 13x11 Level: Level 1 Above Grade
  • Master Bedroom: 18x13 Level: Level 2 Above Grade
  • Rec Room: 15x12 Level: Below Grade
  • FamilyRoom Area: 280.000000
  • GreatRoom Area: 504.000000
  • Livinggreat Room Dim: 28.000 x 18.000
  • Kitchen Area: 196.000000
  • Laundry Room Area: 49.000000
  • LivingRoom Area: 143.000000
  • 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: 180.000000
  • Rec Room Dim: 15.000 x 12.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Landscaped, Secluded Lot, Insulated Glass, Tennis Courts Nearby, Lake Nearby, Club House Nearby, Golf Nearby, Water Access
  • Patio: 34x12 Level: Below Grade

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: Oversized
  • Garage Area: 576.000000
  • Garage Dim: 24.000 x 24.000
  • GarageLen: 24.000
  • GarageWid: 24.000

Utilities

  • Air Conditioner: Attic Fan, Heat Pump, Two-Zone
  • Sewer: County
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Grounds Maintenance, Lake/Pond, Neighborhood Lights, Playground, Pool, Road Maintenance, Snow Removal, Tennis, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 71.00
  • Subdivision Complex: Forest Lakes

Schools

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

Lot Info

  • Lot Sq Ft: 3668.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 1925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Aug 23, 2016
Sold by
Johnson Todd L and Johnson Dawn R
Bought by
Dolin Stephen B and Dolin Jodi L
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Jane Blickenstaff
Blickenstaff & Company, Realto
List Price
$404,900
Sold Price
$397,500
Premium/Discount to List
-$7,400
-1.83%
Current Estimated Value
$641,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,046
Avg. Annual Appreciation
5.36%
Original Mortgage
$318,000
Outstanding Balance
$253,234
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$388,312
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dolin Stephen B $397,500 Mountain View Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolin Stephen B $318,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2016 08/24/16 Sold $397,500 -1.8% $108 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $404,900 -- $110 / 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 $2,255 $550,100 $75,000 $475,100
2024 $2,255 $550,100 $75,000 $475,100
2023 $2,255 $275,050 $0 $0
2022 $2,065 $206,500 $0 $0
2021 $2,065 $413,000 $65,000 $348,000
2020 $2,065 $413,000 $65,000 $348,000
2019 $2,065 $413,000 $65,000 $348,000
2018 $1,926 $370,300 $65,000 $305,300
2017 $1,926 $370,300 $65,000 $305,300
2016 $1,926 $370,300 $65,000 $305,300
2015 $1,926 $370,300 $65,000 $305,300
2014 $1,883 $362,100 $50,000 $312,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 299771

APN: 100B-4-42