Sold for $420,000

$420,000

507 Lake Vista Dr, Forest, VA 24551

4beds

2,315sqft

Single Family Residence

Built in 1987

1.1 Acres Lot

$448,500 Zestimate^®

$181/sqft

$2,601 Estimated rent

Home value

$448,500

$426,000 - $471,000

$2,601/mo

Zestimate^® history

Owner options

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$2,601/mo

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$2,601/mo

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$2,489/mo

Est. payment

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$2,489/mo

Est. payment

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What's special

Tennis courts

Welcome home to Lake Vista! This is a highly sought after neighborhood located in Forest and Bedford County. Many amenities are offered within this community such as a nearby pool, tennis courts, the clubhouse and more. You can't beat this location or walkability of this neighborhood. This home is situated on a wooded lot offering privacy and over an acre of outdoor space. You have your own nature trail that runs through the property! There is a NEW/large back deck aka a perfect spot for your morning coffee. Inside, you can expect a well maintained and cared for home that offers ONE LEVEL living. The basement is unfinished but is plumbed. Laundry is on the main floor. Are you needing an office space? This home has an ideal room for optimal workspace. There are many updates throughout the home including a 50 gal hot water heater for a total of 100 gallons of hot water! A recent bathroom remodel in the master suite. So much to see here but this won't last long!!!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Level: First
Area: 216
Dimensions: 18 x 12

Bedroom

Dimensions: 0 x 0

Bedroom 2

Level: First
Area: 130
Dimensions: 13 x 10

Bedroom 3

Level: First
Area: 120
Dimensions: 12 x 10

Bedroom 4

Level: First
Area: 77
Dimensions: 11 x 7

Bedroom 5

Area: 0
Dimensions: 0 x 0

Dining room

Area: 0
Dimensions: 0 x 0

Family room

Level: First
Area: 308
Dimensions: 22 x 14

Great room

Area: 0
Dimensions: 0 x 0

Kitchen

Level: First
Area: 140
Dimensions: 14 x 10

Living room

Level: First
Area: 462
Dimensions: 22 x 21

Office

Level: Second
Area: 90
Dimensions: 10 x 9

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Dishwasher, Microwave, Refrigerator, Wall Oven, Electric Water Heater
Laundry: Main Level

Features

Ceiling Fan(s), High Speed Internet, Main Level Bedroom, Primary Bed w/Bath, Walk-In Closet(s)
Flooring: Hardwood, Slate
Windows: Skylight(s)
Basement: Walk-Out Access
Attic: Access,None
Number of fireplaces: 1
Fireplace features: 1 Fireplace

Interior area

Total structure area: 2,315
Total interior livable area: 2,315 sqft
Finished area above ground: 2,315
Finished area below ground: 0

Property

Parking

Parking features: Garage
Has garage: Yes

Features

Levels: One and One Half
Exterior features: Garden, Tennis Courts Nearby
Pool features: Pool Nearby

Lot

Size: 1.1 Acres
Features: Close to Clubhouse

Details

Additional structures: Storage
Parcel number: 101F134

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Stone, Vinyl Siding
Roof: Shingle

Condition

Year built: 1987

Utilities & green energy

Electric: AEP/Appalachian Powr
Sewer: Septic Tank
Water: County
Utilities for property: Cable Available

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Lake Vista

HOA

Has HOA: Yes
Amenities included: Clubhouse, Pool, Tennis Court(s)
Services included: Lake/Pond
HOA fee: $70 monthly

Location

Region: Forest

Financial & listing details

Price per square foot: $181/sqft
Tax assessed value: $319,700
Annual tax amount: $1,253
Date on market: 7/24/2023
Cumulative days on market: 3 days

Price history

Date	Event	Price
8/31/2023	Sold	$420,000+2.7%$181/sqft
Source: LMLS #345381 Report a problem
7/28/2023	Pending sale	$409,000$177/sqft
Source: LMLS #345381 Report a problem
7/24/2023	Listed for sale	$409,000+54.3%$177/sqft
Source: LMLS #345381 Report a problem
4/15/2020	Sold	$265,000+4.5%$114/sqft
Source: LMLS #322539 Report a problem
12/30/2019	Listed for sale	$253,500+49.1%$110/sqft
Source: John Stewart Walker, Inc #322539 Report a problem
7/9/2002	Sold	$170,000$73/sqft
Source: LMLS #200648 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$319,700
2024	$1,311	$319,700
2023	--	$319,700 +27.6%
2022	$1,253	$250,500
2021	$1,253	$250,500
2020	$1,253 -3.8%	$250,500
2019	$1,303 +8.6%	$250,500 +8.6%
2018	$1,199	$230,600
2017	$1,199	$230,600
2016	$1,199	$230,600
2015	$1,199 +0.3%	$230,600 +0.3%
2014	$1,195 +4%	$229,800
2013	$1,149	$229,800
2012	$1,149	$229,800
2011	$1,149 +7%	$229,800 +7%
2010	$1,074	$214,800
2009	$1,074	$214,800
2008	$1,074	$214,800
2007	$1,074 -10.3%	$214,800 +16.6%
2006	$1,197	$184,200
2005	$1,197	$184,200
2004	$1,197 -1.5%	$184,200
2003	$1,216	$184,200