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1915 Lake Forest Drive

1915 Lake Forest Drive, Mineral, VA 23117
House in Louisa
Sold Sep 28, 2020
$880,000
$704,000 by Truist Bank
Mortgage Due Oct 01, 2050
Sold Nov 27, 2006
$339,900
1915 Lake Forest Drive has been categorized by the local assessors in Mineral, VA as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 6 bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1915 Lake Forest Drive has 4,116 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 88,514 square feet.

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 672 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a porch. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 1915 Lake Forest Drive sold most recently in Sep 9, 2020 for a total of $880,000. If you work out the math, that's approximately a cost of $213.80 per sqft. Before that, the property was also sold for $339,900 in Nov 21, 2006. 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 $10,378 in taxes each year. 1915 Lake Forest Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,517,200. If we break it down further, the land itself was valued at $326,300. Improvements to the property, however, were assessed at a total of $1,190,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Stone Exterior
Concrete Exterior
Vinyl Siding

Parking

Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,857
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 88,514
  • Total Building Area: 4,116
  • Building Area: 4,116
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 4,116
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: WATERS AT LAKE ANNA
  • Land Acres: 2.032
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE WATERS AT LAKE ANNA PHASE III PB 8/1772 LOT 374 DB 1701/508 2.032 AC

Ownership

  • Current Owner : BHATI CHANDRA S
  • Current Owner 2: CHOUDHARY YUVRAJ
  • Previous Owner : WATSON THOMAS E
  • Previous Owner 2: WATSON CINDY A
  • Owner Before Previous Owner: COOKE DOUGLAS K
  • Owner Before Previous Owner 2: COOKE LINDA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Louisa County Public Schools
  • Census Tract: 950102

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: BK 8 PG 1772
  • Account Number: 27274
  • Subdivision Phase Number: 3
  • Parcel: 45E4 1 374
  • Lot: 374
  • Municipality: CUCKOO
  • Latitude: 38.0257
  • Longitude: -77.8129

    Address

  • Full Address: 1915 Lake Forest Dr
  • Address - House Number: 1915
  • Address - Street Name: Lake Forest
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Mineral
  • Carrier Code: R005
  • 4-Digit Zip Code: 4987
  • Zip Code: 23117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,378

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 1,373,827
  • High Value: 1,662,400
  • Low Value: 1,085,254

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $704,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2020
  • First Open Lien Mortgage Loan Amount: $704,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $1,517,200
  • Market Land Value: $326,300
  • Market Improvement Value: $1,190,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,517,200
  • Assessed Land Value: $326,300
  • Assessed Improvements Value: $1,190,900

    Sales

  • Current Sale Contract Date: Sep 09, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11796280736
  • Current Sale Price: $880,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 202000009102
  • Previous Sale Recording Date: Nov 27, 2006
  • Previous Sale Contract Date: Nov 21, 2006
  • Previous Sale Amount: $339,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $704,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Louisa



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Frequently Asked Questions

What neighborhood is 1915 Lake Forest Drive located in?
The 1915 Lake Forest Drive is a house located in the neighborhood of Louisa in Louisa, Mineral.
What is the average sales price for listings in 1915 Lake Forest Drive?
The average sales price for units in 1915 Lake Forest Drive is $0 currently.

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