NOT LISTED FOR SALE

714 Ivy Lake Dr Forest, VA 24551

Forest Neighborhood

Estimated Value: $203,000 - $288,000

2 Beds
2 Baths
1,294 Sq Ft
$235/mo HOA Fee

Last Sold October 31, 2022

Last sale price $229,900 $178 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,721/month

11 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Walk-In Closet
  • Forest Elementary School Rated A-
  • Water Access
  • Tile Flooring

About This Home

As of October 2022

Spectacular Mountain views with Lake access, golf course, completely maintenance free, and in the one of the most desirable neighborhoods in Forest! Completely updated 2 bedroom, 2 bathroom unit on the main level in Ivy Lake Condominiums. Spacious kitchen with quartz countertops, stainless steel appliances, tiled backsplash, beautifully tiled updated gas log fireplace with direct access to absolutely speechless views right at your backyard!! Large Master bedroom with two closets, double vanity and stunning tiled shower room area, with direct access to back deck. Additional large bedroom with gorgeous tiled full bath completes this unique unit.

Last Agent to Sell the Property

Irina Moldavsky

Ted Counts Realty & Auction License #0225206440 Listed on: 09/14/2022

Last Buyer's Agent

Michele Jordan

Realty ONE Group Leading Edge License #0225080927

Realty ONE Group Leading Edge

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1998

Lot Details

  • Lake Front
  • On Golf Course
  • Landscaped

HOA Fees

  • $235 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
  • Gas Log Fireplace
  • Great Room with Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • Water Access

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include exterior maintenance, lake/pond, neighborhood lights, parking, road maintenance, roof, sewer, snow removal, trash, water
  • Ivy Lake Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,100

Year Built

Built in 1998

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: Rt 221 To Right On Perrowville Rd., To Right On Ivy Lake Dr., To Left In To Mallard Cove Condos, Third Building
  • Internet Providers: Shentel, Verizon
  • Lot Measurement: Acres
  • Days On Market: No
  • Property Subtype1: Condominium
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • Year Built: 1998
  • Heating System: Heat Pump
  • Building Stories: One
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 0.000 x 0.000
  • 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 CONDOMINIUMS UNIT 714 PB 36/107
  • 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, Microwave, Range-Elec
  • Has Attic: Other
  • Has Basement: Slab
  • Flooring: Tile, Vinyl Plank
  • Year Built Exception: 0
  • Deck: 10x15 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log, Great Room
  • Formal Dining: 15x11 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Great Room: 18x15 Level: Level 1 Above Grade
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Drywall, High Speed Data Aval, Main Level Bedroom, Master Bed w/ Bath, Pantry, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)
  • Dining Kitchen: 14x13 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Main Level, Washer Connections
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • GreatRoom Area: 270.000000
  • Livinggreat Room Dim: 18.000 x 15.000
  • Kitchen Area: 182.000000
  • 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, Landscaped, Undergrnd Utilities, Lake Front, Mountain Views, Water Access, On Golf Course

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: Exterior Maintenance, Lake/Pond, Neighborhood Lights, Parking, Road Maintenance, Roof, Sewer, Snow Removal, Trash, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 235.00
  • Subdivision Complex: Ivy Lake

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: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Commonwealth Trustees Llc
Bought by
Commonwealth Trustees Llc and Payne
Current Estimated Value
$259,987

Purchase Details

Listed on
Sep 14, 2022
Closed on
Oct 27, 2022
Sold by
Central Va Home Buyers Llc
Bought by
Golden Richard Kelly and Golden Wendy D
Seller's Agent
Irina Moldavsky
Ted Counts Realty & Auction
Buyer's Agent
Michele Jordan
Realty ONE Group Leading Edge
List Price
$229,900
Sold Price
$229,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$183,920
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2022
Sold by
Payne Jerry E
Bought by
Central Va Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2007
Sold by
Ferguson William B
Bought by
Payne Jerry E and Payne Sheila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
Duncan C Michael and Duncan Landon M
Bought by
Ferguson William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
6.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Commonwealth Trustees Llc $150,000 None Listed On Document
Golden Richard Kelly $229,900 Westcor Land Title
Central Va Home Buyers Llc $150,000 None Listed On Document
Central Va Home Buyers Llc $150,000 None Listed On Document
Payne Jerry E -- None Available
Ferguson William B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golden Richard Kelly $183,920
Previous Owner Central Va Home Buyers Llc $132,000
Previous Owner Payne Jerry E $111,000
Previous Owner Payne Jerry E $25,000
Previous Owner Payne Jerry E $110,400
Previous Owner Ferguson William B $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $229,900 0.0% $178 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $229,900 -- $178 / 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 $826 $201,500 $50,000 $151,500
2024 $826 $201,500 $50,000 $151,500
2023 $826 $100,750 $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

  • I

    Seller's Agent in 2022

    Irina Moldavsky

    Ted Counts Realty & Auction

    (434) 485-3353

    13 in this area

    67 Total Sales

    Section Image
  • Michele Jordan

    Buyer's Agent in 2022

    Michele Jordan

    Realty ONE Group Leading Edge

    (434) 610-1333

    44 in this area

    126 Total Sales

    Section Image
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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 340498

APN: 99E-3-714

Virginia Bedford County Forest 24551 Forest

714 Ivy Lake Dr, Forest, VA

This home is located at 714 Ivy Lake Dr, Forest, VA 24551 since 14 September 2022 and is currently estimated at $259,987, approximately $200 per square foot. This property was built in 1998. 714 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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