2 months on rocket

1123 New Market Loop, Forest, VA, 24551

$544,900

Home List Price

$6,471*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,225 SqFt
$245/SqFt
House

Location

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1123 New Market Loop, Forest$544,900

Buyer Closing Credits

$6,471*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2024
HeatingHeat Pump, Zoned
CoolingHeat Pump, Zoned
BasementYes
Fireplace1 Fireplace, Gas Log
MLS #355208
Lot Size0.33 Acres
StatusActive

About 1123 New Market Loop

BRAND NEW Construction in desired Summerfield subdivision in Forest. This home boasts 4 bedrooms and 2.5 bathrooms. Step inside to an exceptional open floor plan with beautiful flooring and natural exposed ceiling beams. Youll immediately feel at home in the gorgeous kitchen with natural wood cabinets, large kitchen island with white cabinets, and granite countertops. The main-level master bedroom and spa-like en suite bathroom contains large double sink cabinetry as well as beautiful his and her ceramic tiled showers. A laundry room is located on the second level with additional washer and dryer hookups in the private master closet. Other notable features include large bedrooms, a two-car garage, wide concrete driveway, covered front porch, and large deck. BEAUTIFULLY STAGED! This home has sought-after features and location and likely will not be available long. Seller will provide $3,000.00 toward buyers closing costs

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Farm House
  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,225 SqFt

Listing Office:

  • Office Name: Dewitt Real Estate & Auction
  • Office Phone: (434) 239-8684
  • Listing Agent: C.R. Abbott

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Oven
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Engineered Hardwood, Vinyl Plank
  • Interior: Ceiling Fan(s), Main Level Bedroom, Dryer Connection, Laundry Room, Main Level, Second Floor, Washer Connections
  • Fireplace: 1 Fireplace, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Deck, Off-Street Parking, Concrete Drive

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned

Other

Directions Information:

  • Directions: From Lynchburg, Route 460 west, Turn right on Thomas Jefferson Rd, Left on Bellevue Rd, Left on Hupps Hill Lane, Left on New market Loop, House on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $544,900
  • Price Per SqFt: $245/SqFt
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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

$404.9K

Med. Price/SqFt

$171

Avg. Days On Market

31

# of Sold Homes

26

1123 New Market Loop vs Forest

67 DAYS ON ROCKET

+36 Days

$544,900

+$139.9K More

$245/SqFt

+$74 More

KEY TAKEAWAY

This property is $139.9K more than the Median Sold Price and $74/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: #355208

Listing Office:

  • Office Name: Dewitt Real Estate & Auction
  • Office Phone: (434) 239-8684
  • Listing Agent: C.R. Abbott

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: 12/21/2024, 10:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,787

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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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-805554
8
/10

  • New London Academy

  • 12400 E Lynchburg Salem Tpke

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-805555
8
/10

  • Thomas Jefferson Elementary School

  • 1255 Patriot Pl

  • 3.69 miles

  • Public District Grades PK-5

school-card-donut-805556
8
/10

  • Forest Elementary School

  • 1 Scholar Ln

  • 4.58 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,356. The majority of Forest, VA residents have income between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1123 New Market Loop

What is the listing price of this property?

The listing price of 1123 New Market Loop property is $544,900.

What type of property is this?

The property 1123 New Market Loop is a house located in Forest, Virginia, 24551.

Is this property for sale now?

Active Listing: 1123 New Market Loop is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1123 New Market Loop has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1123 New Market Loop is 2,225 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1123 New Market Loop is 2024.

Rocket Homes›Virginia›Bedford County›Forest›24551›1123 New Market Loop

This home is located at 1123 New Market Loop in Forest, VA and zip code 24551. This 2,225 square foot home, which was built in 2024, sits on a 0.33 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $544,900.

In November 2024 more than 9 listings in Forest, VA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 11 were sold below. The inventory of homes for sale in Forest, VA between October 2024 and November 2024 decreased by 7.4%. While the average time on the market in November 2024 was 31 days, the median list price was $404,999.

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

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