1041 Commonwealth Cir
Forest, VA 24551
- 3 Beds
- 3 Baths
- 2,318 sqft
3 Beds
3 Baths
2,318 sqft
Local Information
-- mins to
Description
nvestor alert! Rare opportunity in the highly desirable Forest area1041 Commonwealth Circle stands out as the only home in the complex with a fully finished basement, offering added square footage and serious upside potential. Featuring 3 bedrooms, a dedicated dining area, and a spacious kitchen, this property has the layout buyers want and the bones investors love. The finished basement opens the door for additional living space, rental potential, or value-add improvements that can significantly increase returns. Located in a prime area with top-rated schools, convenient shopping, dining, and easy access to everything Forest has to offer, this is the kind of opportunity that doesn't last. Being sold as-is, where-isbring your vision and capitalize on the potential. Whether you're looking to renovate, rent, or resell, this one checks all the boxes.
1041 Commonwealth Cir, Forest, VA 24551 is a 3 bedroom, 4 bathroom, 2,318 sqft townhouse built in 2009. It last sold for the $265,000 asking price on Apr 30, 2026. It is currently off market. The Trulia Estimate is $265,200, with a rent estimate of $2,197/month.
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Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating & Cooling
HOA
$140/Monthly
Price/Sqft
$114/sqft
Listed
115 days ago
Home Details for 1041 Commonwealth Cir
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Interior Details Basement: Exterior Entry,FullNumber of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Great Room, Kitchen, Living Room, Office |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 2318 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Electric Water HeaterDishwasherLaundry: Laundry RoomMicrowaveRefrigerator |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump |
Gas & Electric Electric: AEP/Appalachian Powr |
Windows, Doors, Floors & Walls Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl |
Levels, Entrance, & Accessibility Levels: TwoFloors: Carpet, Ceramic Tile, Hardwood, Vinyl |
View No View |
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Exterior Home Features Roof: Shingle |
Parking & Garage Has Open ParkingParking: Concrete Drive |
Pool Pool: Pool Nearby |
Water & Sewer Sewer: County |
Finished Area Finished Area (above surface): 1562 Square FeetFinished Area (below surface): 756 Square Feet |
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Year Built Year Built: 2009 |
Property Type / Style Property Type: ResidentialProperty Subtype: Townhouse |
Building Construction Materials: Brick, Vinyl Shake, Vinyl Siding |
Property Information Parcel Number: 90510059 |
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Price List Price: $265,000Price Per Sqft: $114/sqft |
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MLS Status: Closed/Sold |
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Direction & Address City: ForestCommunity: Farmington At Forest Sec 1 |
School Information High School District: Bedford |
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Building Area Building Area: 2318 Square Feet |
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HOA Fee Includes: Maintenance Grounds, Snow Removal, TrashAssociation for this Listing: Lynchburg Board of RealtorsHas an HOAHOA Fee: $140/Monthly |
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Lot Area: 2178 sqft |
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Disclaimer: All information herein has not been verified and is not guaranteed |
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BasementMls Number: 365235Attic: Pull Down StairsListing UrlAttribution Contact: 434-444-4615, sarahlafrance.realtor@gmail.comAbove Grade Unfinished Area: 1562Showing Advance Notice: 24Showing Requirements: 24 Hour Notification, Appointment Only, BrokerBay, Call Agent, Occupied, Supra Lockbox |
Last check for updates: about 4 hours ago
Listed by Sarah LaFrance, (434) 444-4615
Mark A. Dalton & Co., Inc.
Bought with: William Matthew Barrett IV, (434) 485-9937, Elite Realty
Originating MLS: Lynchburg Board of Realtors
Source: LMLS, MLS#365235

Price History for 1041 Commonwealth Cir
| Date | Price | Event | Source |
|---|---|---|---|
| 04/30/2026 | $265,000 | Sold | LMLS #365235 |
| 03/24/2026 | $265,000 | Pending | LMLS #365235 |
| 03/24/2026 | $265,000 | Listed For Sale | LMLS #365235 |
| 03/30/2018 | $169,900 | Sold | LMLS #303059 |
Market trends in Forest
Last updated June 2026
Avg. sale price
$388K
$4.85KMoM
Sale-to-List Price
99.5%
0.3%MoM
Price per sq ft
$176
$4MoM
Available listings
127
4MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $258,100 |
Home facts updated by county records
Comparable Sales for 1041 Commonwealth Cir
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Townhouse | $302,500 | 08/05/25 | 3 | 2.5 | 1,784 | |
0.04 | Townhouse | $297,000 | 06/26/26 | 3 | 2.5 | 1,572 | |
0.05 | Townhouse | $279,900 | 12/01/25 | 3 | 2.5 | 1,514 | |
0.04 | Townhouse | $284,900 | 03/17/26 | 3 | 2.5 | 1,452 | |
0.08 | Townhouse | $255,000 | 10/31/25 | 3 | 2.5 | 1,350 | |
0.07 | Townhouse | $249,900 | 12/12/25 | 3 | 2.5 | 1,286 | |
0.04 | Townhouse | $285,000 | 07/22/25 | 3 | 2.5 | 1,572 | |
0.04 | Townhouse | $285,000 | 01/22/26 | 3 | 2.5 | 1,442 | |
0.04 | Townhouse | $284,500 | 12/01/25 | 3 | 2.5 | 1,442 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1041 Commonwealth Cir.
What Locals Say about Forest
At least 103 Trulia users voted on each feature.
97 % Say car is needed
95 % Say parking is easy
88 % Say it's dog friendly
83 % Say there's holiday spirit
78 % Say it's quiet
75 % Say people would walk alone at night
74 % Say yards are well-kept
71 % Say kids play outside
68 % Say there's wildlife
61 % Say neighbors are friendly
54 % Say they plan to stay for at least 5 years
31 % Say there are community events
30 % Say streets are well-lit
27 % Say there are sidewalks
22 % Say it's walkable to grocery stores
21 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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