NOT LISTED FOR SALE

9 Gilliam Ct Forest, VA 24551

Estimated Value: $192,000 - $338,000

0.5 Acre
$547,334 Price per Acre
21,780 Sq Ft Lot

Last Sold March 16, 2023

Last sale price $45,900 $2 Per Sq Ft

Est. 496% increase in value since last sale

Current estimated payment $1,455/month

172 Days on Market

About This Lot

As of March 2023

Great corner lot in the Cobbs Corner Subdivision of Forest on which to build your dream home. Convenient location near Forest Elementary, Forest Middle, Jefferson Forest High School & shopping. One of the last remaining lots available. Don't miss this opportunity slip away!

Last Agent to Sell the Property

Gary Foster

RE/MAX 1st Olympic License #0225054061 Listed on: 07/30/2022

RE/MAX 1st Olympic

Last Buyer's Agent

Jimmy Rufus

eXp Realty LLC-Stafford License #0225183489

eXp Realty LLC-Stafford

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $200

Lot Details

  • 0.5 Acre Lot

HOA Fees

  • $10 Monthly HOA Fees

Schools

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

Community Details

  • Cobbs Corner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 90510607

Property Details

Property Type

Land

Est. Annual Taxes

$200

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • FILLACRES: 0.5000
  • AssocFeeOptional: No
  • BuildingOnProperty: None
  • Directions: Rt 221 to Perrowville Rd, right at stoplight onto Hooper Rd, stay straight onto Cottontown Rd, 1 mile past Autumn Run on left.
  • Lot Measurement: Acres
  • Lot Sq Ft: 21780.00
  • Days On Market: No
  • Property Subtype1: Unimproved Land
  • Prop. Type: Land
  • Restrictions: Dblwides Not Allowed, Mobiles Not Allowed
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 90510607
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Disability Access: Rd Frnt State Paved
  • Accessible Transportation: Air 5-10 Miles
  • Bathrooms Display: 0 (0 0)
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: COBBS CORNER LT 9 PB 51/348
  • Middle School2: Forest Midl
  • Reciprocal Listing: No

Exterior Features

  • Lot Number: 9
  • Topography: Level.

Utilities

  • Utilities: ElectricityAvailable
  • Utility Electric: American Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 120.00
  • Subdivision Complex: Cobbs Corner

Schools

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

Lot Info

  • Best Use: Dvlp to Residential
  • Current Use: Residential, Single Family, Subdivision, Vacant

Tax Info

  • Estimated Taxes: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2022
Closed on
Mar 6, 2023
Sold by
Elalfy Aya
Bought by
Madison Trust Company and Michael Dennehy
Seller's Agent
Gary Foster
RE/MAX 1st Olympic
Buyer's Agent
Jimmy Rufus
eXp Realty LLC-Stafford
List Price
$49,900
Sold Price
$45,900
Premium/Discount to List
-$4,000
-8.02%
Views
1
Current Estimated Value
$273,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,767
Avg. Annual Appreciation
89.20%

Purchase Details

Closed on
May 26, 2022
Sold by
Cobbs Corner Forest Llc
Bought by
Elalfy Aya
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Madison Trust Company $459,000 Old Republic National Title
Elalfy Aya $42,000 Jones Johnston & White Pc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $45,900 -8.0% $2 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
07/30/2022 07/30/22 For Sale $49,900 -- $2 / 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 $185 $45,000 $45,000 $0
2024 $185 $45,000 $45,000 $0
2023 $185 $22,500 $0 $0
2022 $200 $20,000 $0 $0
2021 $200 $40,000 $40,000 $0
2020 $200 $40,000 $40,000 $0
2019 $200 $40,000 $40,000 $0
2018 $208 $40,000 $40,000 $0
2017 $208 $40,000 $40,000 $0
2016 $208 $40,000 $40,000 $0
2015 $208 $40,000 $40,000 $0
2014 $213 $41,000 $38,000 $3,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 339722

APN: 99-24-9