NOT LISTED FOR SALE

425 Oak Point Rd Forest, VA 24551

Estimated Value: $232,012 - $264,000

3 Beds
2.5 Baths
1,280 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 14, 2013

Last sale price $123,000 $96 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,511/month

385 Days on Market

Highlights

  • Ski Accessible
  • Mountain View
  • Property is near golf course and clubhouse
  • Water Access
  • Community Lake
  • Community Pool

About This Home

As of June 2013

What a great buy !!!Best buy in Lake Vista!! Seller paid $140,000 5/2007. Very nice, neat clean 2 story townhome in Lake Vista with all of the amenities, 30+- acre lake for boating/fishing, neighborhood swimming pool, tennis courts ,walking trails, very convenient location. The main level offers an eat in kitchen w/ ceramic tile flooring(2008), microwave 2007,refrigerator,disposal, dishwasher,& pass thru to the dining area, huge LR(new carpet 2011) w/ a gas log ceramic tile hearth FP & sliding doors to a concrete patio.There is also a half bath & entry foyer w/ ceramic tile flooring( 2008). There is new carpet on the stairs to the 2nd floor, a masterbdrm w/ 2 closets, a full bath & sliding doors to a balcony w/ nice mountain & limited lake views, 2 other bedrooms, a 2nd full bath in the hall & laundry closet w/ a stacked washer/dryer. New ceiling fans in the bedrooms,new water saver toilets.Move in condition

Last Agent to Sell the Property

Jeff Barker

RE/MAX 1st Olympic License #0204025572 Listed on: 05/24/2012

RE/MAX 1st Olympic

Last Buyer's Agent

Josh Sutton

Mark A. Dalton & Co., Inc. License #0225201110

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $632

Year Built

  • Built in 1988

Lot Details

  • 0.5

HOA Fees

  • $155 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry on upper level
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Home Security

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Water Access
  • Landscaped
  • Property is near golf course and clubhouse

Listing and Financial Details

  • Assessor Parcel Number 101E7425

Community Details

Overview

  • Association fees include club house, exterior maintenance, grounds maintenance, insurance, lake/pond, neighborhood lights, parking, pool, road maintenance, snow removal, tennis, trash
  • Lake Vista Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Ski Accessible

Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$632

Year Built

Built in 1988

Lot Details

0.5 Acres

HOA Fees

$155 per month

Listing Details

  • FILLACRES: 0.5000
  • Directions: Rt. 221 (Forest Rd.) to Graves Mill extension into Forest Lakes, right on Lake Vista Dr, left into Oak Point - 425 on right.
  • Lot Measurement: Acres
  • Lot Sq Ft: 21780.00
  • Days On Market: No
  • Property Subtype1: Townhouse
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 101E7425
  • Year Built: 1988
  • Heating System: Forced Warm Air-Gas
  • Building Stories: Two
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 22.000 x 16.000
  • Livingroom Len: 22.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 169.000000
  • Master Bedroom Dim: 13.000 x 13.000
  • Masterbedroom Len: 13.000
  • Masterbedroom Wid: 13.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Oaak Point Townhomes unit 425 Bldg 2
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 2 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 10x10 Level: Level 2 Above Grade
  • Third Bedroom Area: 100.000000
  • Above Grade Finished Sq Ft: 1280.00
  • ApplianceConvey: Dishwasher, Disposal, Microwave, Range-Elec, Refrigerator
  • Has Attic: Floored, Pull Down
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Year Built Exception: 0
  • Deck: 19x6 Level: Level 2 Above Grade
  • Fireplace: 1 Fireplace, Gas Log
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Master Bed w/ Bath, Smoke Alarm
  • Dining Kitchen: 12x11 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Second Floor, Washer Connections
  • Living Room: 22x16 Level: Level 1 Above Grade
  • Master Bedroom: 13x13 Level: Level 2 Above Grade
  • Porch: 17x5 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 132.000000
  • LivingRoom Area: 352.000000
  • 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: Pool Nearby, Paved Drive, Landscaped, Storm Windows, Storm Doors, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Lake Nearby, Club House Nearby, Golf Nearby, Ski Slope Nearby, Water Access
  • Patio: 14x8 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Central Electric
  • Sewer: County
  • Hot Water: County
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Club House, Exterior Maintenance, Grounds Maintenance, Insurance, Lake/Pond, Neighborhood Lights, Parking, Pool, Road Maintenance, Snow Removal, Tennis, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 155.00
  • Subdivision Complex: Lake Vista

Schools

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

Lot Info

  • Lot Sq Ft: 1280.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 632

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2012
Closed on
May 30, 2013
Sold by
Parr Edgar Thomas
Bought by
Musgrave Cheryl F
Seller's Agent
Jeff Barker
RE/MAX 1st Olympic
Buyer's Agent
Josh Sutton
Mark A. Dalton & Co., Inc.
List Price
$136,900
Sold Price
$123,000
Premium/Discount to List
-$13,900
-10.15%
Current Estimated Value
$247,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,003
Avg. Annual Appreciation
5.60%
Original Mortgage
$116,850
Outstanding Balance
$82,749
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$164,254

Purchase Details

Closed on
May 14, 2007
Sold by
Perdieu Andrew Todd
Bought by
Parr Edgar Thomas and Parr Faye M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Musgrave Cheryl F -- Reliance Title & Settlement
Parr Edgar Thomas -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musgrave Cheryl F $116,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2013 06/14/13 Sold $123,000 -10.2% $96 / Sq Ft
06/13/2013 06/13/13 Pending -- -- --
05/24/2012 05/24/12 For Sale $136,900 -- $107 / Sq Ft
Source: Lynchburg Association of REALTORS®

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 $685 $167,000 $25,000 $142,000
2024 $685 $167,000 $25,000 $142,000
2023 $685 $83,500 $0 $0
2022 $632 $63,200 $0 $0
2021 $632 $126,400 $25,000 $101,400
2020 $632 $126,400 $25,000 $101,400
2019 $632 $126,400 $25,000 $101,400
2018 $628 $120,700 $25,000 $95,700
2017 $628 $120,700 $25,000 $95,700
2016 $628 $120,700 $25,000 $95,700
2015 $628 $120,700 $25,000 $95,700
2014 $657 $126,400 $25,000 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 272797

APN: 101E-7-425

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