NOT LISTED FOR SALE

5040 Cottontown Rd Forest, VA 24551

Estimated Value: $636,000 - $758,963

4 Beds
4 Baths
2,530 Sq Ft
$278/Sq Ft Est. Value

About This Home

This home is located at 5040 Cottontown Rd, Forest, VA 24551 and is currently estimated at $702,491, approximately $277 per square foot. 5040 Cottontown Rd is a home located in Bedford County with nearby schools including Boonsboro Elementary School, Forest Middle School, and Jefferson Forest High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Beck Ralph H
Bought by
Bennett Michael D and Bennett Mary Katherine
Current Estimated Value
$702,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,890
Outstanding Balance
$389,408
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$313,083

Purchase Details

Closed on
Nov 24, 2008
Sold by
Lester Shana Beck and Beck Shana J
Bought by
Beck Ralph H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2007
Sold by
S & R Farm Llc
Bought by
Beck Shana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Bennett Michael D $430,000 Sage Title
Beck Ralph H -- None Available
Beck Shana J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Michael D $439,890
Previous Owner Beck Ralph H $400,000
Previous Owner Beck Shana J $364,000
Source: Public Records

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 $2,787 $679,700 $118,100 $561,600
2024 $2,787 $679,700 $118,100 $561,600
2023 $2,787 $339,850 $0 $0
2022 $1,976 $197,600 $0 $0
2021 $1,976 $395,200 $90,000 $305,200
2020 $1,976 $395,200 $90,000 $305,200
2019 $1,976 $395,200 $90,000 $305,200
2018 $1,928 $370,700 $80,000 $290,700
2017 $1,928 $370,700 $80,000 $290,700
2016 $1,928 $370,700 $80,000 $290,700
2015 $1,928 $370,700 $80,000 $290,700
2014 $2,306 $443,500 $80,000 $363,500
Source: Public Records

Map

Virginia Bedford County Forest 24551

5040 Cottontown Rd, Forest, VA

This home is located at 5040 Cottontown Rd, Forest, VA 24551 and is currently estimated at $702,491, approximately $277 per square foot. 5040 Cottontown Rd is a home located in Bedford County with nearby schools including Boonsboro Elementary School, Forest Middle School, and Jefferson Forest High School.

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