NOT LISTED FOR SALE

Estimated Value: $562,000 - $580,000

4 Beds
2.5 Baths
2,826 Sq Ft
$202/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $550,000 $195 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,364/month

1 Day on Market

Highlights

  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Granite Countertops
  • Cool Spring Elementary School Rated A-
  • Separate Formal Living Room
  • Breakfast Area or Nook

About This Home

As of August 2024

Welcome to this charming two-story brick home nestled in the sought-after Madison Springs Subdivision. Situated in Hanover County, this meticulously maintained property boasts timeless appeal and modern conveniences. As you approach, you'll appreciate the meticulously landscaped grounds that frame the exterior of this home. The classic brick facade exudes elegance and durability, a hallmark of quality construction by Balducci Builders. Upon entering the foyer, you are greeted by gleaming hardwood floors that flow seamlessly throughout the front main level. The spacious living room offers a cozy atmosphere, perfect for gatherings, an office, relaxing evenings with a good book. Adjacent, the dining room provides an ideal space for formal meals, accented by ample natural light. The heart of the home lies in the updated kitchen, featuring newer stainless steel appliances and ample cabinet storage. Whether preparing a casual meal or hosting a culinary masterpiece, this kitchen is sure to inspire. A convenient outdoor patio extends the living space, offering a private retreat for al fresco dining or morning coffee. Upstairs, the second level houses four generously sized bedrooms, each offering comfort and natural light. The primary bedroom suite includes a private ensuite bathroom, providing a peaceful sanctuary at day's end. Additional features include a well-appointed laundry area, and a finished third floor. Located in Madison Springs Subdivision, residents enjoy the benefits of Hanover County living, with top-rated schools, parks, and community amenities nearby. This home offers a rare opportunity to own a meticulously crafted brick residence by Balducci Builders, blending classic architecture with modern comforts. And not to mention the amazing neighborhood playground within walking distance. Don't miss your chance to own this exceptional property. Schedule your showing today and envision the possibilities of calling this Madison Springs gem your new home.

Last Agent to Sell the Property

Mateshia Wright

Ivy League Realty LLC License #0225055723 Listed on: 06/25/2024

Last Buyer's Agent

Cindy Overton

Hometown Realty License #0225202300

Hometown Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,851

Year Built

  • Built in 2006

Lot Details

  • 0.27 Acre Lot
  • Landscaped

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 2,826 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Bay Window
  • Separate Formal Living Room
  • Crawl Space
  • Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Patio
  • Shed
  • Stoop

Schools

  • Cool Spring Elementary School
  • Chickahominy Middle School
  • Atlee High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 7797-40-3234

Community Details

Overview

  • Madison Springs Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,851

Year Built

Built in 2006

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Property Attached Yn: No
  • Lot Size Acres: 0.272
  • Ownership: Individuals
  • Subdivision Name: Madison Springs
  • Above Grade Finished Sq Ft: 2826.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Partially Carpeted, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Area, Bay Window, Ceiling Fan(s), Separate/Formal Dining Room, Fireplace, Granite Counters, Jetted Tub, Bath in Primary Bedroom, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2826.0
  • Stories: 3
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Landscaped
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall
  • Exterior Features: Storage, Shed, Paved Driveway
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Stoop
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association, Playground
  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Middle Or Junior School: Chickahominy

Lot Info

  • Parcel Number: 7797-40-3234
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3851.0
  • Tax Lot: 61

MLS Schools

  • Elementary School: Cool Spring
  • High School: Atlee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Aug 2, 2024
Sold by
Atkinson Jeffrey L and Atkinson Lisa M
Bought by
Bryan Donna E
Seller's Agent
Mateshia Wright
Ivy League Realty LLC
Buyer's Agent
Cindy Overton
Hometown Realty
List Price
$524,500
Sold Price
$550,000
Premium/Discount to List
$25,500
4.86%
Views
9
Current Estimated Value
$569,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,460
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
May 25, 2006
Sold by
Balducci Builders Inc
Bought by
Atkinson Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,855
Interest Rate
6.55%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bryan Donna E $550,000 Old Republic National Title In
Bryan Donna E $550,000 Old Republic National Title In
Atkinson Jeffrey L $386,545 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atkinson Jeffrey L $394,855
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2024 08/05/24 Sold $550,000 +4.9% $195 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $524,500 -- $186 / Sq Ft
Source: Central Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,045 $493,700 $105,000 $388,700
2024 $3,851 $469,700 $100,000 $369,700
2023 $3,528 $452,200 $90,000 $362,200
2022 $3,291 $401,200 $85,000 $316,200
2021 $2,894 $352,800 $75,000 $277,800
2020 $2,764 $337,300 $75,000 $262,300
2019 $2,653 $337,300 $75,000 $262,300
2018 $2,653 $327,500 $75,000 $252,500
2017 $2,653 $327,500 $75,000 $252,500
2016 $2,419 $298,700 $65,000 $233,700
2015 $2,419 $298,700 $65,000 $233,700
2014 $2,419 $298,700 $65,000 $233,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2416708

Central Virginia Regional MLS

APN: 7797-40-3234