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1263 Somerset Dr, Forest, VA, 24551

$524,300

Home List Price

$6,226*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,107 SqFt
$249/SqFt
House
Schools Nearby

Location

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1263 Somerset Dr, Forest$524,300

Buyer Closing Credits

$6,226*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking22x29 Level: Level 1 Above Grade
Year BuiltNew Const., 2003
HeatingHeat Pump
CoolingHeat Pump
BasementYes
ViewOther
MLS #350937
Lot Size0.76 Acres
StatusActive

About 1263 Somerset Dr

Somerset Meadows - Main Level Living! If Easy Living is what you are looking for...you're home! Huge Family Kitchen with Island and Bay Window Breakfast Area! Formal Dining and adjacent Great Room perfect layout for entertaining family and friends. Enjoy your mornings or evenings admiring your spring blooms in the pleasant Sunroom. Master Bedroom Suite with Remodeled Enormous Bathroom with huge shower and custom tub. Newer HVAC! All you need...Location, Floorplan, just add your style and decor. Welcome Home!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2003
  • Stories: 1
  • Living Area: 2,107 SqFt

Listing Office:

  • Office Name: Long & Foster-Forest
  • Listing Agent: Chris Johnson

Interior Features

Interior Information:

  • Appliances: Cooktop, Microwave, Electric Range
  • Basement: Yes
  • Flooring Type: Tile, Vinyl Plank
  • Interior: Cable Available, Ceiling Fan(s), Main Level Bedroom, Primary Bed w/Bath, Separate Dining Room, Skylights, Smoke Alarm, Tile Bath(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Paved Drive, Garden Space, Landscaped, Tennis Courts Nearby, Undergrnd Utilities, Lake Nearby, Golf Nearby

Parking Information:

  • Parking: 22x29 Level: Level 1 Above Grade

Lot Features

Lot Information:

  • Lot: Paved, Garden, Landscaped, Near Golf Course
  • Lot Size: 0.76 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: 460 to 811/Thomas Jefferson, right onto Somerset Drive, home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,300
  • Price Per SqFt: $249/SqFt

HOA Fees:

  • Amount: $460
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,519
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Forest, VA.

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Forest, VA

City

Med. Sold Price

$399K

Med. Price/SqFt

$172

Avg. Days On Market

41

# of Sold Homes

28

1263 Somerset Dr vs Forest

52 DAYS ON ROCKET

+11 Days

$524,300

+$125.3K More

$249/SqFt

+$76 More

KEY TAKEAWAY

This property is $125.3K more than the Median Sold Price and $76/SqFt more than other homes in Forest, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Lynchburg
  • MLS Number: #350937

Listing Office:

  • Office Name: Long & Foster-Forest
  • Listing Agent: Chris Johnson

Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 08, 2016Home Sold
$299,900

Tax History

YEARPROP. TAXASSESSMENT
2021$1,519$303,700
2020$1,519$303,700
2019$1,519$303,700

History based on county public records data.

Payment Calculator

$2,722

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,638

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2694621
7
/10

  • New London Academy Elementary School

  • 1133 Academy Ln

  • 1.02 miles

  • Public District Grades PK-5

school-card-donut-2694622
8
/10

  • Thomas Jefferson Elementary School

  • 1255 Patriot Pl

  • 4.55 miles

  • Public District Grades PK-5

school-card-donut-2694623
5
/10

  • Tomahawk Elementary School

  • 155 Bee Dr

  • 5.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,910. The most common annual income of people living in Forest, VA is between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1263 Somerset Dr

What is the listing price of this property?

The listing price of 1263 Somerset Dr property is $524,300.

What type of property is this?

The property 1263 Somerset Dr is a house located in Forest, Virginia, 24551.

Is this property for sale now?

Active Listing: 1263 Somerset Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,519 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 8, 2016 for $299,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1263 Somerset Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1263 Somerset Dr is 2,107 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1263 Somerset Dr is 2003.

Rocket Homes›Virginia›Bedford County›Forest›24551›1263 Somerset Dr

This home is located at 1263 Somerset Dr in Forest, VA and zip code 24551. This 2,107 square foot home, which was built in 2003, sits on a 0.76 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $524,300.

In March 2024, from all listings sold in Forest, VA there were more than 5 sold above asking price, over 15 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Forest, VA between February 2024 and March 2024 increased by 98.1%. The median list price of listings available in March 2024 was $399,000, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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