NOT LISTED FOR SALE

702 Ivy Lake Dr Forest, VA 24551

Forest Neighborhood

Estimated Value: $194,000 - $273,000

2 Beds
2 Baths
1,294 Sq Ft
$185/mo HOA Fee

Last Sold November 25, 2019

Last sale price $139,900 $108 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,632/month

Highlights

  • Mountain View
  • Community Lake
  • En-Suite Primary Bedroom
  • Forest Elementary School Rated A-
  • Fireplace
  • 1-Story Property

About This Home

As of November 2019

Great Condominium in highly coveted community! 702 Ivy Lake Drive boasts of spectacular mountain views and lake views. Ivy Lake is right outside the patio doors. This home is on the ground level with an open floor plan. Newer Appliances in kitchen with eat-in breakfast area and a laundry closet. Dining area is open to the living room area. Full Sliding doors in living room show the beautiful views. Master bedroom with full en-suite bathroom and his and hers closets. Another full bathroom in hallway next to second bedroom. Ivy Lake Golf Course, Shopping, & Restaurants nearby! Great Community Neighborhood! Call today for a showing!

Last Agent to Sell the Property

Lauren Bell

Lauren Bell Real Estate, Inc. License #0225222641 Listed on: 11/06/2019

Last Buyer's Agent

Cindy Kavana

Lauren Bell Real Estate, Inc. License #0225240133

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $692

Year Built

  • Built in 1995

Lot Details

  • 7,579

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Location

  • Property is near a golf course

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include exterior maintenance, grounds maintenance, lake/pond, neighborhood lights, parking, road maintenance, snow removal, trash
  • Mallard Cove Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 9903502

Property Details

Home Type

Condominium

Est. Annual Taxes

$692

Year Built

Built in 1995

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: 221 To Perrowville Rd.- (R) Onto Ivy Lake Dr.-(L) Into Mallard Cove Condo's .1st Building On Far Right. Bottom Right Unit
  • Lot Measurement: Acres
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 9903502
  • Year Built: 1995
  • Heating System: Heat Pump
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 18.000 x 15.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 15.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement Bathrooms: 2.00
  • Bathrooms Display: 2 (2 0)
  • Lower Floor 1 Bedrooms: 2
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: MALLARD COVE CONDOS UNIT 2 PHASE I
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x11 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 1294.00
  • ApplianceConvey: Dishwasher, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: None
  • Has Basement: Other
  • Flooring: Carpet, Vinyl
  • Year Built Exception: 0
  • Fireplace: 1 Fireplace
  • Formal Dining: 15x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath
  • Dining Kitchen: 12x10 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 18x15 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 120.000000
  • LivingRoom Area: 270.000000
  • 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: Mountain Views, Lake Nearby, Golf Nearby
  • Patio: 15x11 Level: Level 1 Above Grade

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Includes: Exterior Maintenance, Grounds Maintenance, Lake/Pond, Neighborhood Lights, Parking, Road Maintenance, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 185.00
  • Subdivision Complex: Mallard Cove

Schools

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

Lot Info

  • Lot Sq Ft: 1294.00
  • Zoning: R-2

Tax Info

  • Estimated Taxes: 692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Nov 22, 2019
Sold by
Lamano Robert and Lamano Tina W
Bought by
Elvin Jon W
Seller's Agent
Lauren Bell
Lauren Bell Real Estate, Inc.
Buyer's Agent
Cindy Kavana
Lauren Bell Real Estate, Inc.
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$255,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,344
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Jul 13, 2006
Sold by
Groome Sherry K
Bought by
Lamano Robert and Lamano Tina W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2005
Sold by
Robinson Stanley and Robinson Lucille
Bought by
Groome Sherry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Elvin Jon W $139,900 Attorney
Lamano Robert -- None Available
Groome Sherry K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamano Robert $100,000
Previous Owner Groome Sherry K $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $139,900 0.0% $108 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $139,900 -- $108 / 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 $689 $168,000 $50,000 $118,000
2024 $689 $168,000 $50,000 $118,000
2023 $689 $84,000 $0 $0
2022 $610 $61,000 $0 $0
2021 $610 $122,000 $35,000 $87,000
2020 $610 $122,000 $35,000 $87,000
2019 $610 $122,000 $35,000 $87,000
2018 $697 $134,000 $35,000 $99,000
2017 $697 $134,000 $35,000 $99,000
2016 $697 $134,000 $35,000 $99,000
2015 $697 $134,000 $35,000 $99,000
2014 $697 $134,000 $35,000 $99,000
Source: Public Records

Agents Affiliated with this Home

  • Lauren Bell

    Seller's Agent in 2019

    Lauren Bell

    Lauren Bell Real Estate, Inc.

    (434) 382-9482

    127 in this area

    371 Total Sales

    Section Image

  • C

    Buyer's Agent in 2019

    Cindy Kavana

    Lauren Bell Real Estate, Inc.

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 321920

APN: 99E-1-702

Virginia Bedford County Forest 24551 Forest

702 Ivy Lake Dr, Forest, VA

This home is located at 702 Ivy Lake Dr, Forest, VA 24551 since 06 November 2019 and is currently estimated at $245,815, approximately $189 per square foot. This property was built in 1995. 702 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.

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