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1061 Governors Lane

1061 Governors Lane, Forest, VA 24551
House in Bedford
Sold Aug 04, 2020
$439,000
$380,000 by Cityworth Mortgaeg Llc
Mortgage Due Jun 01, 2041
Sold Jul 02, 2014
$300,000
1061 Governors Lane has been categorized by the local assessors in Forest, VA as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 1 stories. In addition, 1061 Governors Lane has 2,771 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 2,217 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 550 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1061 Governors Lane was last sold in Jul 29, 2020 for $439,000. According to our calculations, that's $158.43 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Jun 23, 2014. Current property owners are expected to pay $2,527 in taxes per year. The property on 1061 Governors Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $308,150. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 2,217
  • Garage Type: Garage
  • Garage Square Area: 550
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,771
  • Gross Building Area: 2,771
  • Building Area: 2,771
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,771
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING CREEK
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPRING CREEK SEC 1 LT 15 PB 47/242

Ownership

  • Current Owner : GEEL RICHARD A
  • Current Owner 2: GEEL LINDA S
  • Previous Owner : JAMES WILLIAM A
  • Previous Owner 2: JAMES NANCY M
  • Owner Before Previous Owner: JEFFERSON PARC ASSOCIATES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030103

Geography

  • Section: 1
  • Parcel: 117 23 15
  • Lot: 15
  • Municipality: JEFFERSON
  • Latitude: 37.3692
  • Longitude: -79.2589

    Address

  • Full Address: 1061 Governors Ln
  • Address - House Number: 1061
  • Address - Street Name: Governors
  • Address - Suffix Type: Ln
  • State: VA
  • City Name: Forest
  • Carrier Code: R012
  • 4-Digit Zip Code: 4694
  • Zip Code: 24551

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,527

    Appraisal Valuation

  • Standard Deviation: 0.199
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 595,604
  • High Value: 714,146
  • Low Value: 477,061

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: CITYWORTH MORTGAEG LLC
  • First Open Lien Mortgage Recording Date: May 10, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2041

    Market Valuation

  • Market Total Value: $616,300
  • Market Land Value: $80,000
  • Market Improvement Value: $536,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,150

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Transaction ID: 11786168362
  • Current Sale Price: $439,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200008637
  • Previous Sale Recording Date: Jul 02, 2014
  • Previous Sale Contract Date: Jun 23, 2014
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

About Forest



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1061 Governors Lane located in?
The 1061 Governors Lane is a house located in the neighborhood of Bedford in Forest, Forest.
What is the average sales price for listings in 1061 Governors Lane?
The average sales price for units in 1061 Governors Lane is $0 currently.

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