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503 Ivy Lake Drive

503 Ivy Lake Drive, Forest, VA 24551
House in Bedford
503 Ivy Lake Drive in Forest, VA was first built in 1998 and is 28 years old. This has been categorized as a property type. There are a total of 200 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 503 Ivy Lake Drive has 3,989 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 2,418 sqft and has been categorized as a . In total, the area measurement of the land is 80,586 square feet.

Learn more about the property and building on this page. The home has a style roof made of . For those who need parking, there is a . The garage is 864 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The condition of the building has been evaluated as . The exterior walls of the home are made of . Walk into the home itself and you'll find that it is currently being cooled with . As for heating, the home is utilizing . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 503 Ivy Lake Drive was last sold in Jun 22, 2022 for $850,000. According to our calculations, that's $213.09 per sqft. Current property owners are expected to pay $357,028 in taxes per year. The property on 503 Ivy Lake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $435,400. 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. 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.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
Vinyl Siding

Condition

New Construction

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220415
04/15/2022
6 Bed
6 Bath
7023 ft²
$925,000
bedrooms
6 Bed
bathrooms
6 Bath
square feet
7023 ft²
-
-
Rod Burnett
Century 21 ALL-SERVICE
20190630
06/30/2019
5 Bed
6 Bath
-
$699,900
bedrooms
5 Bed
bathrooms
6 Bath
-
-
-


Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 2,418
  • Garage Type: 7
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,586
  • Total Building Area: 3,989
  • Gross Building Area: 3,989
  • Building Area: 3,989
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 3,989
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IVY LAKE DRIVE
  • Land Acres: 0000001850
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: IVY LAKE DRIVE LT 2 SEC 1 BLK 2

Neighborhood

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

Geography

  • Section: 1
  • Parcel: 99F 2 2
  • Block: 2
  • Lot: 2
  • Municipality: JEFFERSON
  • Latitude: 37.3925
  • Longitude: -79.3155

    Address

  • Full Address: 503 Ivy Lake Dr
  • Address - House Number: 503
  • Address - Street Name: Ivy Lake
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Forest
  • Carrier Code: R007
  • 4-Digit Zip Code: 4102
  • Zip Code: 24551

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $357,028

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 942,676
  • High Value: 1,106,134
  • Low Value: 779,218

    Market Valuation

  • Market Total Value: $870,800
  • Market Land Value: $80,000
  • Market Improvement Value: $790,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,400

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jun 24, 2022
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 7215
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Forest



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Frequently Asked Questions

What neighborhood is 503 Ivy Lake Drive located in?
The 503 Ivy Lake Drive is a house located in the neighborhood of Bedford in Forest, Forest.
What is the average sales price for listings in 503 Ivy Lake Drive?
The average sales price for units in 503 Ivy Lake Drive is $0 currently.