2 months on rocket

716 Ivy Lake Dr, Forest, VA, 24551

$234,900

Home List Price

$2,789*

Closing Credit

2 Bedrooms
2 Full Baths
1,294 SqFt
$182/SqFt
Condo

Location

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716 Ivy Lake Dr, Forest$234,900

Buyer Closing Credits

$2,789*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1998
HeatingHeat Pump
CoolingHeat Pump
BasementYes
Fireplace1 Fireplace, Gas Log
ViewOther, Mountain(s)
MLS #354337
StatusActive

About 716 Ivy Lake Dr

Awesome Lake Views and Mountain Views at an affordable price in Forest. In this wonderful 2 Bedroom - 2 Full Bath Condo at Ivy Hill you can enjoy both lake life and golfing. This home has a fantastic layout with a large great-room and open floor plan plus updated white kitchen cabinets with granite counter tops and stainless-look appliances. The 15x10 covered deck is a great place to enjoy your morning coffee while taking in the views of the lake and mountains. This wonderful home is a great value at a price under $182 per sf. Offering $2,500 Flooring Allowance. WOULD MAKE A GREAT EXECUTIVE RENTAL!

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1
  • Living Area: 1,294 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Vinyl
  • Interior: Cable Available, Ceiling Fan(s), High Speed Data Aval, Main Level Bedroom, Primary Bed w/Bath, Laundry Closet, Main Level
  • Fireplace: 1 Fireplace, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other, Mountain(s)
  • Exterior: Paved Drive, Landscaped, Tennis Courts Nearby, Mountain Views, Club House Nearby, Golf Nearby

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Route 221, Perrowville Road, Right on Ivy lake Drive, 2nd Mallard Cove entrance at sign, 3rd Building, 2nd Level, on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $234,900
  • Price Per SqFt: $182/SqFt

HOA Fees:

  • Amount: $235
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $637
  • 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

$403.1K

Med. Price/SqFt

$169

Avg. Days On Market

41

# of Sold Homes

26

716 Ivy Lake Dr vs Forest

68 DAYS ON ROCKET

+27 Days

$234,900

-$168.2K Less

$182/SqFt

+$12 More

KEY TAKEAWAY

This property is $168.2K less than the Median Sold Price and $12/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: #354337

Listing Office:

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

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: 11/5/2024, 6:20:58 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

Jul 10, 2014Home Sold
$127,500

Tax History

YEARPROP. TAXASSESSMENT
2021$637$127,400
2020$637$127,400
2019$637$127,400

History based on county public records data.

Payment Calculator

$1,475

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$771

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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-23213
8
/10

  • Forest Elementary School

  • 1 Scholar Ln

  • 1.26 miles

  • Public District Grades PK-5

school-card-donut-23214
8
/10

  • Thomas Jefferson Elementary School

  • 1255 Patriot Pl

  • 2.88 miles

  • Public District Grades PK-5

school-card-donut-23215
5
/10

  • Boonsboro Elementary School

  • 1234 Eagle Cir

  • 5.01 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 $85,381. 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 716 Ivy Lake Dr

What is the listing price of this property?

The listing price of 716 Ivy Lake Dr property is $234,900.

What type of property is this?

The property 716 Ivy Lake Dr is a condo located in Forest, Virginia, 24551.

Is this property for sale now?

Active Listing: 716 Ivy Lake 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 $637 (source: MLS/based on county public records data).

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

The last sale was on July 10, 2014 for $127,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 716 Ivy Lake Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 716 Ivy Lake Dr is 1,294 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 716 Ivy Lake Dr is 1998.

Rocket Homes›Virginia›Bedford County›Forest›24551›716 Ivy Lake Dr

This home is located at 716 Ivy Lake Dr in Forest, VA and zip code 24551. This 1,294 square foot home was built in 1998. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $234,900.

While more than 8 listings in Forest, VA in October 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 11 were sold below. The number of homes for sale in Forest, VA decreased by 7.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $403,199, 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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