NOT LISTED FOR SALE

500 Ivy Lake Dr Forest, VA 24551

Estimated Value: $597,000 - $666,000

3 Beds
3.5 Baths
2,752 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $522,000 $190 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,449/month

5 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Mountain View
  • Forest Elementary School Rated A-
  • 0.93 Acre Lot
  • Community Lake

About This Home

As of August 2022

Sophisticated custom, one-level on the Ivy Hill golf course (hole #5) presented for the first time ever on the market. Fabulous home for entertaining, open concept, yet built with capabilities for handicapped. Wide doorways, roll-in tile shower, driveway ramp, and sidewalks outside for enjoying the outdoors, access to terrace level by way of wheelchair, sellers thought of it all. Enjoy guests, relax in the sunroom or rear deck, patio/gazebo while watching golfers, listening to the trickle of your waterfall, and enjoy the KOI pond. Living room/home office, large den for movie night or watching a game. Formal dining room with columns, or breakfast area for relaxing meals. You'll enjoy the large bright, white kitchen with quartz counters, center island, desk, pantry, wall ovens, bar seating, and overlooks much of the main level, as well as the outdoor spaces beyond. Lovely en-suite master, plus two other bedrooms on main level. Terrace finished too! Well-maintained! WOW FACTOR!

Last Agent to Sell the Property

Nadine Blakely

Re/Max 1st Olympic License #0225103715 Listed on: 06/21/2022

Re/Max 1st Olympic

Last Buyer's Agent

Preston Davidson

Mark A. Dalton & Co., Inc. License #0225226908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,167

Year Built

  • Built in 1999

Lot Details

  • 0.93 Acre Lot
  • On Golf Course
  • Landscaped
  • Garden

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,752 Sq Ft Home
  • Gas Log Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Game Room
  • Mountain Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

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

Attic

  • Attic Fan
  • Attic Floors
  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Partial Basement
  • Interior and Exterior Basement Entry
  • Rough-In Basement Bathroom

Parking

  • Garage
  • Oversized Parking
  • Garage Door Opener

Accessible Home Design

  • Handicap Shower
  • Grab Bars
  • Accessible Doors
  • Accessible Ramps

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

  • Spa
  • Property is near clubhouse

Community Details

Overview

  • Ivy Hill Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,167

Year Built

Built in 1999

Lot Details

0.93 Acres

HOA Fees

$4 per month

Listing Details

  • FILLACRES: 0.9300
  • AssocFeeOptional: Optional
  • Directions: Perrowville Road to Ivy Lake Drive to first home on right past ridge of townhomes.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 40511.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1999
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Two-Zone, Other
  • Building Stories: One
  • Dwelling Styles: Ranch
  • Officeden Len: 20.000
  • Officeden Wid: 20.000
  • Laundryroom Dim: 10.000 x 8.000
  • Laundryroom Len: 10.000
  • Living Room Dim: 17.000 x 15.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 288.000000
  • Master Bedroom Dim: 18.000 x 16.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 0.000 x 0.000
  • Sun Room Len: 11.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • Disability Features: Door(s), Grab Bar(s), Accessible w Ramp, Shower, Other
  • High School2: Jefferson Forest-HS
  • Legal Description: IVY LAKE DRIVE LT 1 BLK 1 SEC 1
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x13 Level: Level 1 Above Grade
  • Second Bedroom Area: 169.000000
  • Third Bedroom: 13x12 Level: Level 1 Above Grade
  • Third Bedroom Area: 156.000000
  • Above Grade Finished Sq Ft: 2157.00
  • ApplianceConvey: Convection, Cooktop, Dishwasher, Generator, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven
  • Has Attic: Floored, Pull Down, Storage Only
  • Has Basement: Exterior Entrance, Finished, Game Room, Heated, Interior Entrance, Partial, Roughed in Bath, Walkout
  • Breakfast Area: 13x12 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl, Wood
  • Year Built Exception: 0
  • Deck: 17x16 Level: Level 1 Above Grade
  • Den: 20x20 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Den, Gas Log
  • Formal Dining: 17x12 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Drywall, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Pantry, Separate Dining Room, Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 18x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 10x8 Level: Level 1 Above Grade
  • Living Room: 17x15 Level: Level 1 Above Grade
  • Master Bedroom: 18x16 Level: Level 1 Above Grade
  • Porch: 7x6 Level: Level 1 Above Grade
  • Sun Room: 11x11 Level: Level 1 Above Grade
  • Den Area: 400.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 270.000000
  • Laundry Room Area: 80.000000
  • LivingRoom Area: 255.000000
  • 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
  • Sun Room Area: 121.000000
  • Sunroom Dim: 11.000 x 11.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Garden Space, Hot Tub, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Lake Nearby, Club House Nearby, On Golf Course
  • Patio: 19x18 Level: Level 1 Above Grade

Garage/Parking

  • Garage Spaces: Garage Door Opener, Oversized
  • Garage Area: 552.000000
  • Garage Dim: 24.000 x 23.000
  • GarageLen: 24.000
  • GarageWid: 23.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Attic Fan, Heat Pump, Two-Zone
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 45.00
  • Subdivision Complex: Ivy Hill

Schools

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

Lot Info

  • Lot Sq Ft: 2752.00
  • Zoning: R-1

Tax Info

  • Estimated Taxes: 2167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 18, 2022
Sold by
Marple Living Trust
Bought by
Teitsma Russell C and Teitsma Robin A
Seller's Agent
Nadine Blakely
Re/Max 1st Olympic
Buyer's Agent
Preston Davidson
Mark A. Dalton & Co., Inc.
List Price
$519,900
Sold Price
$522,000
Premium/Discount to List
$2,100
0.4%
Current Estimated Value
$621,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,206
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Feb 21, 2008
Sold by
Marple Gary E and Marple Marcia R
Bought by
Marple Gary E and Marple Marcia
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
Teitsma Russell C $522,000 None Listed On Document
Marple Gary E -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $522,000 +0.4% $190 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $519,900 -- $189 / 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 $2,134 $520,500 $80,000 $440,500
2024 $2,134 $520,500 $80,000 $440,500
2023 $2,134 $260,250 $0 $0
2022 $2,167 $216,700 $0 $0
2021 $2,167 $433,400 $80,000 $353,400
2020 $2,167 $433,400 $80,000 $353,400
2019 $2,167 $433,400 $80,000 $353,400
2018 $2,146 $412,600 $80,000 $332,600
2017 $2,146 $412,600 $80,000 $332,600
2016 $2,146 $412,600 $80,000 $332,600
2015 $2,146 $412,600 $80,000 $332,600
2014 $1,923 $369,900 $60,000 $309,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 338932

APN: 99F-1-1

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