NOT LISTED FOR SALE

718 Lake Vista Dr Forest, VA 24551

Estimated Value: $454,000 - $494,000

4 Beds
3.5 Baths
2,615 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $390,000 $149 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,726/month

4 Days on Market

Highlights

  • Tennis Courts
  • Community Lake
  • Community Pool
  • Forest Elementary School Rated A-
  • Marble Flooring
  • Workshop

About This Home

As of March 2022

Nestled behind a tree line separating you from the main road, 718 Lake Vista features 4 bedrooms, 3.5 baths, 2 car garage, and modern updates throughout. The spacious main level includes a formal dining room with double sided gas fireplace, two living areas, and a kitchen updated with granite countertops, wine fridge, brand new appliances and bright, white cabinetry. A screened porch off of the kitchen, overlooking your flat backyard, offers an evening escape or entertainment space. Upstairs, enjoy a large master suite with walk-in closet and master bath with marble floors, countertops, and walk-in shower underneath a skylight. Two additional bedrooms and updated bath conclude the 2nd floor. A finished basement living area with a natural gas stove as well as fourth bedroom, full bath, small workshop, and two car garage concludes the property. Come home to the quiet and desirable Lake Vista community in this lovingly maintained two story brick home!

Last Agent to Sell the Property

Tina Friar

Keller Williams License #0225171434 Listed on: 02/11/2022

Keller Williams

Last Buyer's Agent

Schyler Higgins

Cornerstone Realty Group Inc. License #0225221808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1989

Lot Details

  • 0.46 Acre Lot
  • Landscaped
  • Property is zoned PRD

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 2,615 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Log Fireplace
  • Formal Dining Room
  • Workshop

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Scuttle Attic Hole

Finished Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Basement Garage

Outdoor Features

  • Tennis Courts

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 10003744

Community Details

Overview

  • Association fees include lake/pond, neighborhood lights, pool
  • Lake Vista Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,950

Year Built

Built in 1989

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • FILLACRES: 0.4600
  • AssocFeeOptional: Required
  • Directions: From Graves Mill Rd. turn left onto Lake Vista Dr and hang left to continue on Lake Vista Dr, home will be on left.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 20038.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 10003744
  • Year Built: 1989
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Two Story
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 12.000 x 11.000
  • Livingroom Len: 12.000
  • Livingroom Wid: 11.000
  • Masterbedroom Area: 204.000000
  • Master Bedroom Dim: 12.000 x 17.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 17.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 105.000000
  • Other Room1 Len: 15.000
  • 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: LAKE VISTALT 74 SEC IV
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 13x11 Level: Level 2 Above Grade
  • Second Bedroom Area: 143.000000
  • Third Bedroom: 13x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 143.000000
  • Fourth Bedroom: 15x11 Level: Below Grade
  • Fourth Bedroom Area: 165.000000
  • Above Grade Finished Sq Ft: 2000.00
  • ApplianceConvey: Disposal, Dryer, Microwave, Range-Elec, Refrigerator, Washer
  • Has Attic: Access, Scuttle
  • Has Basement: Exterior Entrance, Finished, Fireplace, Garage, Interior Entrance
  • Breakfast Area: 10x10 Level: Level 1 Above Grade
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Year Built Exception: 0
  • Family Room: 16x18 Level: Level 1 Above Grade
  • Fireplace: 1 Fireplace, Gas Log
  • Formal Dining: 18x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Main Level Den, Master Bed w/ Bath, Separate Dining Room, Skylights, Walk-In Closet(s)
  • Dining Kitchen: 13x10 Level: Level 1 Above Grade
  • Laundry: Basement, Laundry Closet
  • Living Room: 12x11 Level: Level 1 Above Grade
  • Master Bedroom: 12x17 Level: Level 2 Above Grade
  • Other Room 1: 15x7 Level: Below Grade
  • Rec Room: 2x12 Level: Below Grade
  • Additional Room 1 Description: Workshop
  • FamilyRoom Area: 288.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 130.000000
  • LivingRoom Area: 132.000000
  • Est Other Room1 Dim: 15.000 x 7.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Area: 24.000000
  • Rec Room Dim: 2.000 x 12.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 74
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Landscaped, Tennis Courts, Tennis Courts Nearby, Lake Nearby

Garage/Parking

  • Attached Garage: 2 Car
  • Garage Spaces: In Basement
  • Garage Area: 437.000000
  • Garage Dim: 19.000 x 23.000
  • GarageLen: 19.000
  • GarageWid: 23.000

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: Lake/Pond, Neighborhood Lights, Pool
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 70.00
  • Subdivision Complex: Lake Vista

Schools

  • School District: Bedford
  • Elementary School #2: Thomas Jefferson-Elm
  • School District: Bedford

Lot Info

  • Lot Sq Ft: 2615.00
  • Zoning: PRD

Tax Info

  • Estimated Taxes: 1950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 25, 2022
Sold by
Mccann James A and Mccann Mary E
Bought by
Mcclendon Charles and Li Yumei
Seller's Agent
Tina Friar
Keller Williams
Buyer's Agent
Schyler Higgins
Cornerstone Realty Group Inc.
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$476,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,409
Avg. Annual Appreciation
5.75%
Original Mortgage
$350,000
Outstanding Balance
$326,154
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$150,255
Source: Public Records

Range of Values:

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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
Mcclendon Charles $390,000 Pike Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclendon Charles $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $390,000 0.0% $149 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $389,900 -- $149 / 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 $1,645 $401,100 $65,000 $336,100
2024 $1,645 $401,100 $65,000 $336,100
2023 $1,645 $200,550 $0 $0
2022 $1,308 $130,800 $0 $0
2021 $1,308 $261,600 $55,000 $206,600
2020 $1,308 $261,600 $55,000 $206,600
2019 $1,308 $261,600 $55,000 $206,600
2018 $1,339 $257,500 $55,000 $202,500
2017 $1,339 $257,500 $55,000 $202,500
2016 $1,339 $257,500 $55,000 $202,500
2015 $1,339 $257,500 $55,000 $202,500
2014 $1,354 $260,400 $45,000 $215,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 336355

APN: 100C-1-74