NOT LISTED FOR SALE

706 Ivy Lake Dr Unit 6 Forest, VA 24551

Forest Neighborhood

Estimated Value: $198,000 - $293,000

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

Last Sold November 20, 2020

Last sale price $175,000 $135 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,631/month

14 Days on Market

Highlights

  • Lake Front
  • Property is near a clubhouse
  • Tennis Courts
  • Forest Elementary School Rated A-
  • Community Pool
  • Formal Dining Room

About This Home

As of November 2020

Rarely available Ivy lake Condominium in highly coveted community! Unit 706 Ivy Lake Drive boasts spectacular mountain and lake views. Ivy Lake is right outside the patio doors. This home is on the top level with an open floor plan. Newly renovated with luxury wood floors, new Appliances, eat-in breakfast area, full dining area, laundry closet and more. The living and dining room offer gorgeous views of Ivy lake and spectacular mountain views! Full Sliding doors in living room open to the spacious covered porch. The master ensuite offers his and her closets with full views and access to the covered deck. Another full bathroom in hallway next to second bedroom. Ivy Lake Golf Course, Shopping, & Restaurants nearby! Great Community Neighborhood! Call today for a showing! Seller is replacing the glass door with the broken seal!

Last Agent to Sell the Property

Teresa Grant

Keller Williams License #0225087218 Listed on: 07/13/2020

Keller Williams

Last Buyer's Agent

Liesel Lancaster

Lauren Bell Real Estate, Inc. License #0225190541

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $825

Year Built

  • Built in 1988

Lot Details

  • Lake Front
  • Landscaped

HOA Fees

  • $185 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Scuttle Attic Hole

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer

Home Security

Location

  • Property is near a clubhouse
  • Property is near a golf course

Schools

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

Utilities

  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9903506

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$825

Year Built

Built in 1988

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. Top Unit.
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 9903506
  • Year Built: 1988
  • Heating System: Heat Pump
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 27.000 x 15.000
  • Livingroom Len: 27.000
  • 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 Condominium Unit 6 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, Refrigerator, Self Cleaning Oven
  • Has Attic: Scuttle
  • Has Basement: Slab
  • Flooring: Carpet, Ceramic Tile, Laminate, Vinyl
  • Year Built Exception: 0
  • Deck: 15x10 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Separate Dining Room, Smoke Alarm, Walk-In Closet(s)
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Living Room: 27x15 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 144.000000
  • LivingRoom Area: 405.000000
  • 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, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Lake Front, Mountain Views, Club House Nearby, Golf Nearby

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump
  • Sewer: County
  • 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, Sewer, Snow Removal, Trash
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 185.00
  • Subdivision Complex: MALLARD COVE CONDO

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: 825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 19, 2016
Sold by
Bonheim Robert S
Bought by
Williams Darrell David
Seller's Agent
scott Bonheim
Alliance Realty Group
Buyer's Agent
Teresa Grant
Keller Williams
List Price
$124,900
Sold Price
$119,900
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$253,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,063
Avg. Annual Appreciation
10.41%
Original Mortgage
$113,905
Outstanding Balance
$92,179
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$200,062

Purchase Details

Closed on
Jan 12, 2016
Sold by
Alg Trustees Llc Sub Tr
Bought by
Bonehim Robert S

Purchase Details

Closed on
Dec 5, 2006
Sold by
Everett Duane Alan
Bought by
Mccraw Raymond W and Mccraw Doris W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Brown Willard R
Bought by
Everett Duane Alan and Everett Cynthia F

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
5.75%
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
Williams Darrell David $119,900 Swan Title Corp
Bonehim Robert S $97,725 None Available
Mccraw Raymond W -- None Available
Everett Duane Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Darrell David $113,905
Previous Owner Mccraw Raymond W $140,000
Previous Owner Everett Duane Alan $20,415
Previous Owner Everett Duane Alan $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $175,000 +0.1% $135 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $174,900 +45.9% $135 / Sq Ft
08/19/2016 08/19/16 Sold $119,900 -4.0% $93 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $124,900 -- $97 / 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 $743 $181,100 $50,000 $131,100
2024 $743 $181,100 $50,000 $131,100
2023 $743 $90,550 $0 $0
2022 $719 $71,850 $0 $0
2021 $719 $143,700 $35,000 $108,700
2020 $719 $143,700 $35,000 $108,700
2019 $719 $143,700 $35,000 $108,700
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

  • Teresa Grant

    Seller's Agent in 2020

    Teresa Grant

    Keller Williams

    (434) 546-3202

    22 in this area

    289 Total Sales

    Section Image

  • L

    Buyer's Agent in 2020

    Liesel Lancaster

    Lauren Bell Real Estate, Inc.

    Section Image

  • s

    Seller's Agent in 2016

    scott Bonheim

    Alliance Realty Group

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 325487

APN: 99E-1-706

Virginia Bedford County Forest 24551 Forest

706 Ivy Lake Dr Unit 6, Forest, VA

This home is located at 706 Ivy Lake Dr Unit 6, Forest, VA 24551 since 13 July 2020 and is currently estimated at $253,963, approximately $196 per square foot. This property was built in 1988. 706 Ivy Lake Dr Unit 6 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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