NOT LISTED FOR SALE

507 Lake Vista Dr Forest, VA 24551

Estimated Value: $425,000 - $487,000

4 Beds
2.5 Baths
2,315 Sq Ft
$194/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $420,000 $181 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,536/month

3 Days on Market

Highlights

  • 1.1 Acre Lot
  • Property is near a clubhouse
  • Wood Flooring
  • Community Lake
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of August 2023

Welcome home to Lake Vista! This is a highly sought after neighborhood located in Forest and Bedford County. Many amenities are offered within this community such as a nearby pool, tennis courts, the clubhouse and more. You can't beat this location or walkability of this neighborhood. This home is situated on a wooded lot offering privacy and over an acre of outdoor space. You have your own nature trail that runs through the property! There is a NEW/large back deck aka a perfect spot for your morning coffee. Inside, you can expect a well maintained and cared for home that offers ONE LEVEL living. The basement is unfinished but is plumbed. Laundry is on the main floor. Are you needing an office space? This home has an ideal room for optimal workspace. There are many updates throughout the home including a 50 gal hot water heater for a total of 100 gallons of hot water! A recent bathroom remodel in the master suite. So much to see here but this won't last long!!!

Last Agent to Sell the Property

Amber Magalis

Cornerstone Realty Group Inc. License #0225258537 Listed on: 07/24/2023

Last Buyer's Agent

Mandy Romero

Elite Realty License #0225237376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1987

Lot Details

  • 1.1 Acre Lot
  • Garden

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 2,315 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Walk-Out Basement
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

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

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

Additional Features

  • Outdoor Storage
  • Property is near a clubhouse

Listing and Financial Details

  • Assessor Parcel Number 101F-1-34

Community Details

Overview

  • Association fees include club house, lake/pond, pool, tennis
  • Lake Vista Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,253

Year Built

Built in 1987

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • FILLACRES: 1.1000
  • AssocFeeOptional: Required
  • BuildingOnProperty: Storage Building
  • Directions: 221 To Graves Mill , R On Lake Vista Dr, House On Left
  • Internet Providers: Comcast/Xfinity, Verizon
  • Lot Measurement: Acres
  • Lot Sq Ft: 47916.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 101F-1-34
  • Year Built: 1987
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Contemporary
  • Officeden Len: 9.000
  • Officeden Wid: 10.000
  • Foyer Area: 77.000000
  • Laundryroom Dim: 12.000 x 6.000
  • Laundryroom Len: 12.000
  • Living Room Dim: 22.000 x 21.000
  • Livingroom Len: 22.000
  • Livingroom Wid: 21.000
  • Masterbedroom Area: 216.000000
  • Master Bedroom Dim: 18.000 x 12.000
  • Masterbedroom Len: 18.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 10.000 x 9.000
  • 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: Lake Vista Lot 34, Sec 2
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 130.000000
  • Third Bedroom: 12x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 120.000000
  • Fourth Bedroom: 11x7 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 77.000000
  • Above Grade Finished Sq Ft: 2315.00
  • ApplianceConvey: Dishwasher, Microwave, Refrigerator, Wall Oven
  • Has Attic: Access, None
  • Has Basement: Walkout
  • Flooring: Hardwood, Slate
  • Year Built Exception: 0
  • Deck: 14x12 Level:
  • Den: 9x10 Level: Level 1 Above Grade
  • Family Room: 22x14 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace
  • Foyer: 11x7 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Skylights, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 14x10 Level: Level 1 Above Grade
  • Laundry: Main Level
  • Laundry Room: 12x6 Level: Level 1 Above Grade
  • Living Room: 22x21 Level: Level 1 Above Grade
  • Master Bedroom: 18x12 Level: Level 1 Above Grade
  • Office: 10x9 Level: Level 2 Above Grade
  • Den Area: 90.000000
  • FamilyRoom Area: 308.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 140.000000
  • Laundry Room Area: 72.000000
  • LivingRoom Area: 462.000000
  • Office Area: 90.000000
  • 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

  • Lot Number: Lot 34, sec 2
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Garden Space, Tennis Courts Nearby, Lake Nearby, Club House Nearby

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 Fee Frequency: Monthly
  • HOA Includes: Club House, Lake/Pond, Pool, Tennis
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 70.00
  • Subdivision Complex: Lake Vista

Schools

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

Lot Info

  • Lot Sq Ft: 2315.00

Tax Info

  • Estimated Taxes: 1253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 23, 2023
Sold by
Harris Stanley and Harris Leah
Bought by
Butler Brandon C
Seller's Agent
Amber Magalis
Cornerstone Realty Group Inc.
Buyer's Agent
Mandy Romero
Elite Realty
List Price
$409,000
Sold Price
$420,000
Premium/Discount to List
$11,000
2.69%
Views
48
Current Estimated Value
$447,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,980
Avg. Annual Appreciation
2.88%
Original Mortgage
$420,000
Outstanding Balance
$404,251
Interest Rate
4%
Mortgage Type
Construction
Estimated Equity
$43,730

Purchase Details

Listed on
Dec 29, 2019
Closed on
Mar 23, 2020
Sold by
Bluck Gregory Alan and The Barbara A Block Revocable
Bought by
Harris Stanley and Harris Leah
Seller's Agent
James Towner
John Stewart Walker, Inc
Buyer's Agent
Corrie Hall
eXp Realty LLC-Lynchburg
List Price
$253,500
Sold Price
$265,000
Premium/Discount to List
$11,500
4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%

Purchase Details

Closed on
Sep 4, 2007
Sold by
Bluck Barbara A
Bought by
Bluck Barbara A and Barbara A Bluck Revocable Trus
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Butler Brandon C $420,000 None Listed On Document
Harris Stanley $265,000 Absolute Title & Settlement
Bluck Barbara A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Brandon C $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $420,000 +2.7% $181 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $409,000 +54.3% $177 / Sq Ft
04/15/2020 04/15/20 Sold $265,000 +4.5% $114 / Sq Ft View Prior Sale
02/25/2020 02/25/20 Pending -- -- --
12/29/2019 12/29/19 For Sale $253,500 -- $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 $1,311 $319,700 $64,000 $255,700
2024 $1,311 $319,700 $64,000 $255,700
2023 $1,311 $159,850 $0 $0
2022 $1,253 $125,250 $0 $0
2021 $1,253 $250,500 $54,000 $196,500
2020 $1,253 $250,500 $54,000 $196,500
2019 $1,253 $250,500 $54,000 $196,500
2018 $1,199 $230,600 $50,000 $180,600
2017 $1,199 $230,600 $50,000 $180,600
2016 $1,199 $230,600 $50,000 $180,600
2015 $1,199 $230,600 $50,000 $180,600
2014 $1,195 $229,800 $45,000 $184,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amber Magalis

    Cornerstone Realty Group Inc.

    (540) 421-0926

    1 in this area

    46 Total Sales

    Amber Magalis
    Section Image

  • M

    Buyer's Agent in 2023

    Mandy Romero

    Elite Realty

    (530) 966-8007

    1 in this area

    29 Total Sales

    Mandy Romero
    Section Image

  • J

    Seller's Agent in 2020

    James Towner

    John Stewart Walker, Inc

  • C

    Buyer's Agent in 2020

    Corrie Hall

    eXp Realty LLC-Lynchburg

    (434) 426-2845

    17 in this area

    226 Total Sales

    Corrie Hall
    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 345381

APN: 101F-1-34

Virginia Bedford County Forest 24551

507 Lake Vista Dr, Forest, VA

Not Listed for Sale

Detached

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