$139,500
SOLD FEB 26, 2018

718 Ivy Lake Dr Forest, VA 24551

Forest Neighborhood
2 Beds
2 Baths
1,294 Sq Ft
$150/mo HOA Fee

Recently Sold

$108 Per Sq Ft

17 Days on Market

Highlights

  • Lake Front
  • Mountain View
  • Community Pool
  • Forest Elementary School Rated A-
  • Property is near a clubhouse
  • Tennis Courts

About This Home

As of October 2020

Amazing water and mountain views. Very well maintained and decorated. Enjoy access to lake and beach area.

Last Agent to Sell the Property

June Smith

Legacy Realty and Development License #0225041629 Listed on: 11/26/2017

Last Buyer's Agent

Linda Coyle

Century 21 ALL-SERVICE-BED License #0225216031

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $700

Year Built

  • Built in 1998

Lot Details

  • Lake Front
  • Landscaped

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Mountain Views
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

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
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, grounds maintenance, road maintenance, snow removal, trash, sewer, water

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$700

Year Built

Built in 1998

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • AssocFeeOptional: Required
  • Directions: 221 to Perrowville Road. Past Jefferson Forest High School. Take right into Ivy Lake. Condos on left.
  • 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: 6.000 x 3.000
  • Laundryroom Len: 6.000
  • Living Room Dim: 17.000 x 15.000
  • Livingroom Len: 17.000
  • 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 CONDOMINIUMS UNIT 718 PB 36/107
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 11x12 Level: Level 1 Above Grade
  • Second Bedroom Area: 132.000000
  • Above Grade Finished Sq Ft: 1294.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec
  • Has Attic: Access
  • Has Basement: Other
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Year Built Exception: 0
  • Deck: 15x12 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Living Room
  • Formal Dining: 15x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Cable Available, Cable Connections, Ceiling Fan(s), Master Bed w/ Bath, Walk-In Closet(s)
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Dryer Connection, Laundry Closet, Washer Connections
  • Laundry Room: 6x3 Level: Level 1 Above Grade
  • Living Room: 17x15 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
  • Laundry Room Area: 18.000000
  • LivingRoom Area: 255.000000
  • 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: Pool Nearby, Landscaped, Tennis Courts Nearby, Lake Front, Mountain Views, Club House Nearby, Golf Nearby

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, Road Maintenance, Snow Removal, Trash, Sewer, Water
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 150.00

Schools

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

Lot Info

  • Lot Sq Ft: 1294.00

Tax Info

  • Estimated Taxes: 700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 8, 2020
Sold by
Dalton Susan L
Bought by
Waterman Deborah Lynn
Seller's Agent
Julie Bays
Re/Max Lakefront Realty
Buyer's Agent
Gregory Bentz
Keller Williams
List Price
$154,900
Sold Price
$156,000
Premium/Discount to List
$1,100
0.71%
Total Days on Market
17
Current Estimated Value
$238,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,922
Avg. Annual Appreciation
10.33%
Original Mortgage
$124,800
Outstanding Balance
$111,504
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$140,536

Purchase Details

Listed on
Nov 26, 2017
Closed on
Feb 19, 2018
Sold by
Garrett Dorothy D
Bought by
Dalton Susan L
Seller's Agent
June Smith
Legacy Realty and Development
Buyer's Agent
Linda Coyle
Century 21 ALL-SERVICE-BED
List Price
$139,500
Sold Price
$139,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$140,909
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Allman William L and Allman Jennie T
Bought by
Garrett Dorothy D
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 Type Sale Price Title Company
Warranty Deed $156,000 Pike Title
Warranty Deed $139,500 Attorney
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $124,800 New Conventional
Previous Owner $140,909 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $156,000 +0.7% $121 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $154,900 +11.0% $120 / Sq Ft
02/26/2018 02/26/18 Sold $139,500 0.0% $108 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $139,500 -- $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 $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

  • Julie Bays

    Seller's Agent in 2020

    Julie Bays

    Re/Max Lakefront Realty

    (540) 400-1475

    2 in this area

    167 Total Sales

    Julie Bays
    Section Image

  • G

    Buyer's Agent in 2020

    Gregory Bentz

    Keller Williams

    Section Image

  • J

    Seller's Agent in 2018

    June Smith

    Legacy Realty and Development

    (804) 402-3725

    10 in this area

    77 Total Sales

    June Smith
    Section Image

  • L

    Buyer's Agent in 2018

    Linda Coyle

    Century 21 ALL-SERVICE-BED

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 308751

APN: 99E-3-718

Virginia Bedford County Forest 24551 Forest

718 Ivy Lake Dr, Forest, VA

This home is located at 718 Ivy Lake Dr, Forest, VA 24551 and is currently priced at $139,500, approximately $107 per square foot. This property was built in 1998. 718 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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