NOT LISTED FOR SALE

512 Ivy Lake Dr Forest, VA 24551

Forest Neighborhood

Estimated Value: $824,000 - $877,000

4 Beds
3.5 Baths
4,126 Sq Ft
$206/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $687,000 $167 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,868/month

Highlights

  • Water Views
  • On Golf Course
  • Community Lake
  • Forest Elementary School Rated A-
  • 1.49 Acre Lot
  • Wood Flooring

About This Home

As of July 2021

Dramatic Two-story Foyer opens to the Formal Living and Dining Room with Tray Ceilings. The large den with two story ceilings, fireplace, built in bookshelves, wet bar for entertaining leads to patio and Number 5 Tee Box on prestigious Ivy Hill Golf course. The bright beautiful kitchen with Corian Counter tops, special veggie sink, pantry and desk offers Sunny Breakfast area with Lake and Mountain Views. Huge Main Level Master Suite with 2 walk in closets, private bath with jacuzzi tub, double sink vanity and over sized separate shower. Three bedrooms on upper level with private balcony overlooking the den and office. Quality construction with crown molding, enormous windows, hardwood flooring through out. This home is one beautiful home and shows well!

Last Agent to Sell the Property

Anne Coleman

Realty ONE Group Leading Edge License #0225051033 Listed on: 05/07/2021

Realty ONE Group Leading Edge

Last Buyer's Agent

Lynita Tuck

Century 21 ALL-SERVICE License #0225130698

Century 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,631

Year Built

  • Built in 1994

Lot Details

  • 1.49 Acre Lot
  • On Golf Course
  • Landscaped

Property Views

  • Water
  • Mountain

Home Design

  • Shingle Roof

Interior Spaces

  • 4,126 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Formal Dining Room
  • Den with Fireplace
  • Screened Porch
  • Partial Basement
  • Attic Access Panel

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround

Laundry

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Location

  • 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
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 99F-1-7

Community Details

Overview

  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,631

Year Built

Built in 1994

Lot Details

0

Listing Details

  • FILLACRES: 1.4900
  • Directions: Rt 221 To Perrowville Rd To Right On Ivy Lake Dr To Home On Right.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 64904.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 99F-1-7
  • Year Built: 1994
  • Heating System: Heat Pump, Three-Zone or more
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Officeden Len: 32.000
  • Officeden Wid: 16.000
  • Foyer Area: 308.000000
  • Laundryroom Dim: 14.000 x 6.000
  • Laundryroom Len: 14.000
  • Living Room Dim: 15.000 x 13.000
  • Livingroom Len: 15.000
  • Livingroom Wid: 13.000
  • Masterbedroom Area: 304.000000
  • Master Bedroom Dim: 19.000 x 16.000
  • Masterbedroom Len: 19.000
  • Masterbedroom Wid: 16.000
  • Office Dim: 14.000 x 14.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 4.00
  • Bathrooms Display: 4 (3 1)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: IVY LAKE DRIVELT 7 BLK 1 SEC 1
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 19x16 Level: Level 1 Above Grade
  • Second Bedroom Area: 304.000000
  • Third Bedroom: 19x16 Level: Level 1 Above Grade
  • Third Bedroom Area: 304.000000
  • Fourth Bedroom: 18x14 Level: Level 1 Above Grade
  • Fourth Bedroom Area: 252.000000
  • Above Grade Finished Sq Ft: 4126.00
  • ApplianceConvey: Compactor, Dishwasher, Microwave, Range-Elec, Self Cleaning Oven, Wall Oven
  • Has Attic: Access
  • Has Basement: Partial
  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Year Built Exception: 0
  • Den: 32x16 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Den
  • Formal Dining: 15x13 Level: Level 1 Above Grade
  • Foyer: 22x14 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Security System, Separate Dining Room, Smoke Alarm, Tile Bath(s), Walk-In Closet(s), Wet Bar, Whirlpool Tub
  • Dining Kitchen: 25x15 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Room, Main Level, Separate Laundry Rm., Washer Connections
  • Laundry Room: 14x6 Level: Level 1 Above Grade
  • Living Room: 15x13 Level: Level 1 Above Grade
  • Master Bedroom: 19x16 Level: Level 1 Above Grade
  • Office: 14x14 Level: Level 1 Above Grade
  • Screened Porch: 14x14 Level: Level 1 Above Grade
  • Den Area: 512.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 375.000000
  • Laundry Room Area: 84.000000
  • LivingRoom Area: 195.000000
  • Office Area: 196.000000
  • 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: Water View, Pool Nearby, Paved Drive, Landscaped, Screened Porch, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Mountain Views, Lake Nearby, Golf Nearby, On Golf Course

Garage/Parking

  • Attached Garage: 1 Car
  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Three-Zone or More
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 4126.00

Tax Info

  • Estimated Taxes: 2631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 22, 2021
Sold by
Jones Theodore A and Jones Nancy K
Bought by
Lee James A and Lee Dinah Michelle
Seller's Agent
Anne Coleman
Realty ONE Group Leading Edge
Buyer's Agent
Lynita Tuck
Century 21 ALL-SERVICE
List Price
$699,900
Sold Price
$687,000
Premium/Discount to List
-$12,900
-1.84%
Current Estimated Value
$851,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,685
Avg. Annual Appreciation
4.24%
Original Mortgage
$548,250
Outstanding Balance
$504,079
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$309,727

Purchase Details

Closed on
Sep 9, 2009
Sold by
Eckert John P and Eckert Constance A
Bought by
Jones Theodore A and Jones Nancy K
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
Lee James A $687,000 Attorney
Jones Theodore A -- Southern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee James A $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $687,000 -1.8% $167 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $699,900 -- $170 / 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 $2,732 $666,400 $100,000 $566,400
2024 $2,732 $666,400 $100,000 $566,400
2023 $2,732 $333,200 $0 $0
2022 $2,530 $253,000 $0 $0
2021 $2,530 $506,000 $90,000 $416,000
2020 $2,530 $506,000 $90,000 $416,000
2019 $2,530 $506,000 $90,000 $416,000
2018 $2,543 $489,000 $90,000 $399,000
2017 $2,543 $489,000 $90,000 $399,000
2016 $2,543 $489,000 $90,000 $399,000
2015 $2,543 $489,000 $90,000 $399,000
2014 $2,658 $511,200 $90,000 $421,200
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anne Coleman

    Realty ONE Group Leading Edge

    (434) 841-0244

    9 in this area

    69 Total Sales

    Anne Coleman
    Section Image

  • L

    Buyer's Agent in 2021

    Lynita Tuck

    Century 21 ALL-SERVICE

    14 in this area

    78 Total Sales

    Lynita Tuck
    Section Image
See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 331412

APN: 99F-1-7

Virginia Bedford County Forest 24551 Forest

512 Ivy Lake Dr, Forest, VA

This home is located at 512 Ivy Lake Dr, Forest, VA 24551 since 07 May 2021 and is currently estimated at $851,685, approximately $206 per square foot. This property was built in 1994. 512 Ivy Lake Dr is a home located in Bedford County with nearby schools including Forest Elementary School, Forest Middle School, and Jefferson Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.

Nearby Homes