$285,000
SOLD NOV 19, 2019

2298 Terrace View Rd Forest, VA 24551

3 Beds
2.5 Baths
1,890 Sq Ft
13.51 Acres

Recently Sold

$151 Per Sq Ft

27% Below List Price

188 Days on Market

Highlights

  • Creek or Stream View
  • Multiple Fireplaces
  • Wood Flooring
  • Forest Middle School Rated A-
  • Dutch Colonial Architecture
  • Formal Dining Room

About This Home

As of December 2020

Simply breathtaking mountain views. This home sits on 13.5 acres and offers 3 bedrooms with 2.5 baths. Beautiful wood beams adorn the ceiling in the den with wood burning fireplace. Large eat-in kitchen with lots of pantry space. Unfinished basement with stove insert. 2 Outbuildings for the tractors and lawn equipment. Circular driveway...so much potential with this one of a kind property. Possible development site as well. This property would be ideal for horses too. So many possibilities here.

Last Agent to Sell the Property

Donna Jordan

TMoore Real Estate Group LLC License #0225103877 Listed on: 04/01/2019

Co-Listed By

Rosie Gantt

Century 21 ALL-SERVICE License #0225059549

Century 21 ALL-SERVICE

Last Buyer's Agent

Rosie Gantt

Century 21 ALL-SERVICE License #0225059549

Century 21 ALL-SERVICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,027

Year Built

  • Built in 1971

Lot Details

  • 13.51 Acre Lot
  • Landscaped

Parking

  • Circular Driveway

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Dutch Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 1.5-Story Property
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Formal Dining Room
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Shed

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 133-A-27

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,027

Year Built

Built in 1971

Lot Details

0

Listing Details

  • FILLACRES: 13.5100
  • BuildingOnProperty: Storage Building, Tractor Shed
  • Directions: 221 to 811 to Great Oaks Drive to R on Bellevue to L on Matthew Talbot to L on Terrace View.
  • Internet Providers: Shentel
  • Lot Measurement: Acres
  • Lot Sq Ft: 588496.00
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 133-A-27
  • Year Built: 1971
  • Heating System: Heat Pump
  • Building Stories: One and One Half
  • Dwelling Styles: Dutch Colonial
  • Officeden Len: 14.000
  • Officeden Wid: 24.000
  • Foyer Area: 48.000000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 13.000 x 21.000
  • Livingroom Len: 13.000
  • Livingroom Wid: 21.000
  • Masterbedroom Area: 240.000000
  • Master Bedroom Dim: 12.000 x 20.000
  • Masterbedroom Len: 12.000
  • Masterbedroom Wid: 20.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 104.000000
  • Other Room1 Len: 8.000
  • Sun Room Len: 8.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (2 1)
  • Lower Floor 1 Bedrooms: 3
  • Broker Approved: Yes
  • High School2: Jefferson Forest-HS
  • Legal Description: Elk Cr 133-A-27 & 133-A-27B
  • Middle School2: Forest Midl
  • Reciprocal Listing: No
  • Second Bedroom: 14x12 Level: Level 2 Above Grade
  • Second Bedroom Area: 168.000000
  • Third Bedroom: 12x12 Level: Level 2 Above Grade
  • Third Bedroom Area: 144.000000
  • Above Grade Finished Sq Ft: 1890.00
  • ApplianceConvey: Range-Elec, Refrigerator
  • Has Attic: Floored, Pull Down
  • Has Basement: Full, Walkout
  • Flooring: Carpet, Hardwood, Vinyl
  • Year Built Exception: 0
  • Den: 14x24 Level: Level 1 Above Grade
  • Fireplace: 2 Fireplaces, Stove Insert, Wood Burning
  • Formal Dining: 14x12 Level: Level 1 Above Grade
  • Foyer: 4x12 Level: Level 1 Above Grade
  • Level 2 Full Bathrooms: 2
  • First Level Half Bathrooms: 1
  • Interior Amenities: Drywall, High Speed Data Aval, Master Bed w/ Bath, Separate Dining Room
  • Dining Kitchen: 21x13 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Washer Connections
  • Living Room: 13x21 Level: Level 1 Above Grade
  • Master Bedroom: 12x20 Level: Level 2 Above Grade
  • Other Room 1: 8x13 Level: Level 1 Above Grade
  • Porch: 12x8 Level: Level 1 Above Grade
  • Sun Room: 8x12 Level: Level 1 Above Grade
  • Den Area: 336.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 273.000000
  • LivingRoom Area: 273.000000
  • Est Other Room1 Dim: 8.000 x 13.000
  • 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
  • Sun Room Area: 96.000000
  • Sunroom Dim: 8.000 x 12.000

Exterior Features

  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Circular Drive, Landscaped, Stream/Creek, Mountain Views

Garage/Parking

  • Garage Dim: 0.000 x 0.000

Utilities

  • Utility Electric: Southside Elec CoOp
  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: County
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors

Schools

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

Lot Info

  • Lot Sq Ft: 1890.00

Tax Info

  • Estimated Taxes: 2027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2020
Closed on
Dec 9, 2020
Sold by
Terrace View Associates Llc
Bought by
Mills Jeffrey and Mills Liberty C
Seller's Agent
Rosie Gantt
Century 21 ALL-SERVICE
Buyer's Agent
Karl Miller
Karl Miller Realty LLC
List Price
$285,900
Sold Price
$285,000
Premium/Discount to List
-$900
-0.31%
Current Estimated Value
$412,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,566
Avg. Annual Appreciation
7.26%
Original Mortgage
$256,500
Outstanding Balance
$232,376
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,127

Purchase Details

Listed on
Apr 1, 2019
Closed on
Oct 29, 2019
Sold by
Williams Charles Thomas
Bought by
Terrace View Associates Llc
Seller's Agent
Donna Jordan
TMoore Real Estate Group LLC
Buyer's Agent
Rosie Gantt
Century 21 ALL-SERVICE
List Price
$389,900
Sold Price
$285,000
Premium/Discount to List
-$104,900
-26.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$228,000
Interest Rate
3.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Deed $285,000 Fidelity National Title
Warranty Deed $285,000 Acquisition Title & Stlmnt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $51,063 New Conventional
Open $256,500 New Conventional
Previous Owner $228,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $285,000 -0.3% $156 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $285,900 +0.3% $157 / Sq Ft
11/19/2019 11/19/19 Sold $285,000 -26.9% $151 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $389,900 -- $206 / 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 $1,205 $293,900 $75,000 $218,900
2024 $1,205 $293,900 $75,000 $218,900
2023 $1,205 $146,950 $0 $0
2022 $832 $83,150 $0 $0
2021 $832 $166,300 $42,000 $124,300
2020 $974 $194,700 $70,400 $124,300
2019 $828 $165,500 $41,200 $124,300
2018 $826 $158,800 $41,200 $117,600
2017 $826 $158,800 $41,200 $117,600
2016 $826 $158,800 $41,200 $117,600
2015 $826 $158,800 $41,200 $117,600
2014 $844 $162,300 $41,200 $121,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rosie Gantt

    Century 21 ALL-SERVICE

    (434) 525-1212

    137 Total Sales

    Rosie Gantt
    Section Image

  • K

    Buyer's Agent in 2020

    Karl Miller

    Karl Miller Realty LLC

    Section Image

  • D

    Seller's Agent in 2019

    Donna Jordan

    TMoore Real Estate Group LLC

See All Agents

Map

Source: Lynchburg Association of REALTORS®

MLS Number: 317636

APN: 133-A-27

Virginia Bedford County Forest 24551

2298 Terrace View Rd, Forest, VA

This home is located at 2298 Terrace View Rd, Forest, VA 24551 and is currently priced at $285,000, approximately $150 per square foot. This property was built in 1971. 2298 Terrace View Rd is a home located in Bedford County with nearby schools including New London Academy Elementary, Forest Middle School, and Jefferson Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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