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125 Forest Park Drive

125 Forest Park Drive, Forest, VA 24551
Property in Bedford
Sold Jan 22, 2018
$165,000
$30,000 by Bank Of The James
Mortgage
Local assessors in Forest, VA have categorized 125 Forest Park Drive as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 23,087 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 125 Forest Park Drive has a total of 1,170 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,170 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 125 Forest Park Drive sold most recently in Jan 12, 2018 for a total of $165,000. If you work out the math, that's approximately a cost of $141.03 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $866 in taxes each year. 125 Forest Park Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,650. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,170
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 1,170
  • Gross Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST PK LT13 BK3 SC 1

Ownership

  • Current Owner : MCFADEN MICHELLE A
  • Previous Owner : MANN LAWRENCE B
  • Previous Owner 2: HOLMES ASHLEY N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bedford County Public Schools
  • Census Tract: 030104

Geography

  • Section: 1
  • Parcel: 136B 1 3 13
  • Block: 3
  • Lot: 13
  • Municipality: JEFFERSON
  • Latitude: 37.3342
  • Longitude: -79.2752

    Address

  • Full Address: 125 Forest Park Dr
  • Address - House Number: 125
  • Address - Street Name: Forest Park
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Forest
  • Carrier Code: R009
  • 4-Digit Zip Code: 1212
  • Zip Code: 24551

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $866

    Appraisal Valuation

  • Standard Deviation: 0.1856
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 262,932
  • High Value: 311,750
  • Low Value: 214,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: BANK OF THE JAMES
  • First Open Lien Mortgage Recording Date: Oct 19, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $30,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $211,300
  • Market Land Value: $45,000
  • Market Improvement Value: $166,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,650

    Sales

  • Current Sale Contract Date: Jan 12, 2018
  • Current Sale Recording Date: Jan 22, 2018
  • Current Sale Transaction ID: 11419483653
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180000539

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE JAMES
  • First Mortgage Transaction Date: Jan 22, 2018
  • First Mortgage Loan Amount: $166,666
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2033

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Forest



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Frequently Asked Questions

What neighborhood is 125 Forest Park Drive located in?
The 125 Forest Park Drive is a located in the neighborhood of Bedford in Forest, Forest.
What is the average sales price for listings in 125 Forest Park Drive?
The average sales price for units in 125 Forest Park Drive is $0 currently.

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