2 months on rocket

1263 Somerset Dr, Forest, VA, 24551

$499,900

Home List Price

$5,936*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,107 SqFt
$237/SqFt
House
Schools Nearby

Location

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1263 Somerset Dr, Forest$499,900

Buyer Closing Credits

$5,936*

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: Garden Space, Golf Nearby, Landscaped, Paved Drive, Tennis Courts Nearby, Undergrnd Utilities

Parking Information:

  • Parking: 22x29 Level: Level 1 Above Grade

Lot Features

Lot Information:

  • Lot: Garden, Near Golf Course, Landscaped, Paved
  • 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: $499,900
  • Price Per SqFt: $237/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.

Med. Sold Price

$395K

Med. Price/SqFt

$170

Avg. Days On Market

23

# of Sold Homes

29

1263 Somerset Dr vs Forest

72 DAYS ON ROCKET

+49 Days

$499,900

+$104.9K More

$237/SqFt

+$67 More

KEY TAKEAWAY

This property is $104.9K more than the Median Sold Price and $67/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: 5/19/2024, 10:20:34 AM 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

$2,600

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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NMLS#3030

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-3724463
8
/10
  • New London Academy Elementary School

  • 1133 Academy Ln

  • 1.02 miles

  • Public District Grades PK-5

school-card-donut-3724464
8
/10
  • Thomas Jefferson Elementary School

  • 1255 Patriot Pl

  • 4.55 miles

  • Public District Grades PK-5

school-card-donut-3724465
6
/10
  • Tomahawk Elementary School

  • 155 Bee Dr

  • 5.54 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,910. Residents of Forest, VA typically earn between $35k-100k each year. Typical family type is 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 $499,900.

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 HomesVirginiaBedford CountyForest245511263 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 $499,900.

In April 2024, from all listings sold in Forest, VA there were more than 7 sold above asking price, over 7 sold below and more than 15 were sold right at the asked price. Between March 2024 and April 2024, Forest, VA real estate market has seen increase in the number of listings by 47.1%. In April 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $395,000.

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

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