NOT LISTED FOR SALE

Forest, VA 24551

Estimated Value: $1,076,000 - $1,305,143

5 Beds
8 Baths
7,957 Sq Ft
$149/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $1,000,050 $126 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,772/month

2 Days on Market

Highlights

  • Property is near a beach
  • Creek or Stream View
  • Property is near golf course and clubhouse
  • Forest Elementary School Rated A-
  • Community Lake
  • Fireplace in Primary Bedroom

About This Home

As of April 2023

Stately Georgian style home in the prestigious Ivy Hill Golf Community on 2.25 acres, 5 bedrooms, 2 bonus rooms, office, 4 laundry areas, 6 full baths & 2 half baths. Entry opens to large foyer with 23 foot ceilings, marble floors, elegant custom curved staircase & decorative columns throughout. Formal rooms include living room with gas fireplace & formal dining room with butlers pantry & utility room with laundry hookups. The kitchen has oversized island, granite counter tops eat-in area & great room with stone gas fireplace. Enjoy the 15x34 bluestone deck with Jeffersonian arches & fire pit, large palladium windows throughout. There are 8 foot custom made doors throughout with 11 foot ceilings on the main level, upper level has 10 foot ceilings. Main level master boasts gas stone fireplace, sitting area, bathroom with two walk-in closets with alaundry area. Terrace level offers in-law suite with kitchen, den, bedroom, bathroom & office.Priced below tax assessment! ***OWNER/Agent***

Last Agent to Sell the Property

Anne Coleman

Realty ONE Group Leading Edge License #0225051033 Listed on: 03/06/2023

Realty ONE Group Leading Edge

Last Buyer's Agent

Vivian Pogue

RE/MAX 1st Olympic License #0225047109

RE/MAX 1st Olympic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 2008

Lot Details

  • 2.25 Acre Lot
  • Landscaped
  • Property is zoned R1

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Georgian Architecture
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 7,957 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Stone Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Game Room
  • Pull Down Stairs to Attic

Kitchen

  • Double Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Laundry in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Shower
  • Accessible Doors

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 99C37

Community Details

Overview

  • Association fees include neighborhood lights, road maintenance
  • Overlake Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,500

Year Built

Built in 2008

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • FILLACRES: 2.2500
  • Directions: Rt221 to Perrowville Road, right on Ivy Lake Drive, cross the dam, left to Overlake Avenue. 2nd home on the left
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 98010.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 99C37
  • Year Built: 2008
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump, Three-Zone or more
  • Building Stories: Two
  • Dwelling Styles: GEOR
  • Foyer Area: 418.000000
  • Laundryroom Dim: 16.000 x 14.000
  • Laundryroom Len: 16.000
  • Living Room Dim: 18.000 x 16.000
  • Livingroom Len: 18.000
  • Livingroom Wid: 16.000
  • Masterbedroom Area: 504.000000
  • Master Bedroom Dim: 28.000 x 18.000
  • Masterbedroom Len: 28.000
  • Masterbedroom Wid: 18.000
  • Office Dim: 14.000 x 11.000
  • Other Room1 Area: 345.000000
  • Other Room1 Len: 23.000
  • Other Room2 Area: 300.000000
  • Other Room2 Len: 20.000
  • Other Room3 Area: 247.000000
  • Other Room3 Len: 19.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 8.00
  • Bathrooms Display: 8 (6 2)
  • Lower Floor 1 Bedrooms: 5
  • Broker Approved: Yes
  • Disability Features: Door(s), Shower
  • High School2: Jefferson Forest-HS
  • Legal Description: Overlake Knoll Lt 7
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 12x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 144.000000
  • Third Bedroom: 13x11 Level: Level 2 Above Grade
  • Third Bedroom Area: 143.000000
  • Fourth Bedroom: 12x12 Level: Level 2 Above Grade
  • Fourth Bedroom Area: 144.000000
  • Fifth Bedroom: 26x15 Level: Level 2 Above Grade
  • Fifth Bedroom Area: 390.000000
  • Above Grade Finished Sq Ft: 5757.00
  • ApplianceConvey: Compactor, Convection, Cooktop, Dishwasher, Disposal, Double Oven, Microwave, Range-Elec, Range-Gas, Refrigerator, Self Cleaning Oven
  • Has Attic: Pull Down, Walk In, Windows
  • Has Basement: Apartment, Exterior Entrance, Finished, Full, Game Room, Heated, Interior Entrance, Poured Concrete, Walkout
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble
  • Year Built Exception: 0
  • Family Room: 23x17 Level: Below Grade
  • Fireplace: 3 Fireplaces, Gas Log, Great Room, Living Room, Master Bedroom, Stone
  • Formal Dining: 16x15 Level: Level 1 Above Grade
  • Foyer: 22x19 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 4
  • Great Room: 23x21 Level: Level 1 Above Grade
  • First Level Half Bathrooms: 2
  • Interior Amenities: Apartment, Cable Connections, Ceiling Fan(s), Drywall, Great Room, High Speed Data Aval, Main Level Bedroom, Main Level Den, Master Bed w/ Bath, Pantry, Security System, Separate Dining Room, Smoke Alarm, Tile Bath(s), Vacuum System, Walk-In Closet(s), Whirlpool Tub
  • Dining Kitchen: 22x22 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Laundry Closet, Laundry Room, Main Level, Second Floor, Separate Laundry Rm., Washer Connections
  • Laundry Room: 16x14 Level: Level 1 Above Grade
  • Living Room: 18x16 Level: Level 1 Above Grade
  • Master Bedroom: 28x18 Level: Level 1 Above Grade
  • Office: 14x11 Level: Level 1 Above Grade
  • Other Room 1: 23x15 Level: Level 2 Above Grade
  • Other Room 2: 20x15 Level: Below Grade
  • Other Room 3: 19x13 Level: Below Grade
  • Additional Room 1 Description: Used as bedroom
  • Additional Room 2 Description: office
  • FamilyRoom Area: 391.000000
  • GreatRoom Area: 483.000000
  • Livinggreat Room Dim: 23.000 x 21.000
  • Kitchen Area: 484.000000
  • Laundry Room Area: 224.000000
  • LivingRoom Area: 288.000000
  • Office Area: 154.000000
  • Est Other Room1 Dim: 23.000 x 15.000
  • Est Other Room2 Dim: 20.000 x 15.000
  • Est Other Room3 Dim: 19.000 x 13.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 7
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Pool Nearby, Paved Drive, Landscaped, Insulated Glass, Tennis Courts Nearby, Undergrnd Utilities, Stream/Creek, Mountain Views, Lake Nearby, Public Beach Nearby, Club House Nearby, Golf Nearby

Garage/Parking

  • Attached Garage: 3 Car +
  • Garage Spaces: Garage Door Opener
  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: AEP/Appalachian Powr
  • Air Conditioner: Heat Pump, Three-Zone or More
  • Sewer: Septic Tank
  • Hot Water: Central System, County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Yearly
  • HOA Includes: Neighborhood Lights, Road Maintenance
  • HOA: Lynchburg Board of Realtors
  • Association Fee: 300.00
  • Subdivision Complex: Overlake

Schools

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

Lot Info

  • Lot Sq Ft: 7957.00
  • Zoning: R1

Tax Info

  • Estimated Taxes: 4500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Mar 29, 2023
Sold by
Coleman Joseph H and Coleman Anne I
Bought by
Khan Shahnawaz and Khan Fatima
Seller's Agent
Anne Coleman
Realty ONE Group Leading Edge
Buyer's Agent
Vivian Pogue
RE/MAX 1st Olympic
List Price
$1,100,000
Sold Price
$1,000,050
Premium/Discount to List
-$99,950
-9.09%
Views
24
Current Estimated Value
$1,208,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,706
Avg. Annual Appreciation
6.45%
Original Mortgage
$650,000
Outstanding Balance
$632,100
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$550,936

Purchase Details

Closed on
Sep 15, 2006
Sold by
Lake Drive Properties Llc
Bought by
Coleman Joseph H and Coleman Anne I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,900
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khan Shahnawaz $1,050,000 Old Republic National Title
Coleman Joseph H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Shahnawaz $650,000
Previous Owner Coleman Joseph H $89,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $1,000,050 -9.1% $126 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $1,100,000 -- $138 / 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 $5,193 $1,266,700 $118,800 $1,147,900
2024 $5,193 $1,266,700 $118,800 $1,147,900
2023 $5,193 $633,350 $0 $0
2022 $4,462 $446,150 $0 $0
2021 $4,462 $892,300 $102,500 $789,800
2020 $4,462 $892,300 $102,500 $789,800
2019 $3,928 $785,500 $102,500 $683,000
2018 $4,564 $877,600 $102,500 $775,100
2017 $4,564 $877,600 $102,500 $775,100
2016 $4,564 $877,600 $102,500 $775,100
2015 $4,564 $877,600 $102,500 $775,100
2014 $4,164 $800,700 $90,000 $710,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Anne Coleman

    Realty ONE Group Leading Edge

    (434) 841-0244

    56 Total Sales

    Anne Coleman
    Section Image
  • Vivian Pogue

    Buyer's Agent in 2023

    Vivian Pogue

    RE/MAX

    (434) 258-6655

    25 Total Sales

    Vivian Pogue
    Section Image

  • V

    Buyer's Agent in 2023

    Vicky Pogue

    RE/MAX

    37 Total Sales

    Vicky Pogue
    Section Image
See All Agents

Source: Lynchburg Association of REALTORS®

MLS Number: 342870

APN: 99C-3-7

Virginia Bedford County Forest

24551

Not Listed for Sale

Detached

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