$420,000
SOLD MAY 12, 2022

1024 Otterdale Rd Midlothian, VA 23114

3 Beds
2.5 Baths
2,945 Sq Ft
1.5 Acres

Recently Sold

$143 Per Sq Ft

6% Below List Price

12 Days on Market

Highlights

  • 1.5 Acre Lot
  • Deck
  • Separate Formal Living Room
  • Midlothian High School Rated A
  • Wood Flooring
  • Workshop

About This Home

As of December 2023

Check out this amazing Midlothian home sitting on a beautiful 1.5 acre lot!!! This sturdy brick rancher with a full basement is ready for you to make your home. Updates include a new roof & windows, newer gutters with gutter guards, new paint throughout, refinished hardwood floors throughout and a full finished basement. Upstairs you will find 2 large living spaces, a refreshed kitchen with newly painted cabinets and hardware, a dining room, primary bedroom with attached full bath and 2 additional good sized bedrooms. All bathrooms have been updated with new floors, vanities, toilets and hardware/fixtures. In the basement you will find a half bath, a HUGE rec room, 2 additional rooms that could serve as 2 additional bedrooms, another large utility/storage area, and a long single bay garage/workshop. Outside you fill find a beautiful landscape that gradually rolls down to a creek. Towards the back of the property you will find a large detached shed with power, and large shipping container for storage. This home is conveniently located just minutes to 288/Westchester and other major shopping outlets along Midlothian TNPK.

Last Agent to Sell the Property

Rylan Spear

BHHS PenFed Realty License #0225215757 Listed on: 03/30/2022

BHHS PenFed Realty

Last Buyer's Agent

Ali Poore

Compass License #0225221483

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1972

Lot Details

  • 1.5 Acre Lot

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,945 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Dining Area
  • Workshop
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Rear Porch

Schools

  • Old Hundred Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 718-70-28-84-900-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,581

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Property Attached Yn: No
  • Lot Size Acres: 1.5
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 335.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Linoleum, Partially Carpeted, Wood
  • Basement: Full
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, High Speed Internet, Bath in Primary Bedroom, Pantry, Cable TV, Wired for Data, Workshop
  • Living Area: 2945.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Deck, Out Building(s), Storage, Shed, Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Basement, Circular Driveway, Driveway, Garage, Off Street, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 718-70-28-84-900-000
  • Zoning Description: A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2581.0
  • Tax Lot: 8

MLS Schools

  • Elementary School: Old Hundred
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 14, 2023
Sold by
Lak Veset and Lak Ashley J
Bought by
Becker Kelly and Becker Wesley
Seller's Agent
Blake Poore
Compass
Buyer's Agent
Julie Sprinkle
EXP Realty LLC
List Price
$465,000
Sold Price
$462,000
Premium/Discount to List
-$3,000
-0.65%
Views
72
Current Estimated Value
$527,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,919
Avg. Annual Appreciation
8.31%
Original Mortgage
$438,900
Outstanding Balance
$432,274
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$95,645

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 6, 2022
Sold by
Page Wood Michael and Ergenbright Mary
Bought by
Lak Veset and Lak Ashley J
Seller's Agent
Rylan Spear
BHHS PenFed Realty
Buyer's Agent
Ali Poore
Compass
List Price
$445,000
Sold Price
$420,000
Premium/Discount to List
-$25,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%

Purchase Details

Listed on
Sep 19, 2020
Closed on
Dec 22, 2020
Sold by
Smith Carrie L
Bought by
Wood Michael Page and Ergenbright Wood Mary
Seller's Agent
Tina Mccabe
EXP Realty LLC
Buyer's Agent
Rylan Spear
BHHS PenFed Realty
List Price
$359,900
Sold Price
$288,000
Premium/Discount to List
-$71,900
-19.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.71%
Original Mortgage
$259,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2002
Sold by
Jensen Kim L
Bought by
Smith Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.55%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $462,000 Fidelity National Title
Bargain Sale Deed $420,000 Old Republic National Title
Bargain Sale Deed $288,000 Old Republic National Title
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $438,900 New Conventional
Previous Owner $259,200 New Conventional
Previous Owner $189,000 New Conventional
Previous Owner $121,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $462,000 -0.6% $108 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $465,000 +10.7% $109 / Sq Ft
05/12/2022 05/12/22 Sold $420,000 -1.2% $143 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/06/2022 04/06/22 Price Changed $425,000 -4.5% $144 / Sq Ft
03/30/2022 03/30/22 For Sale $445,000 +54.5% $151 / Sq Ft
12/28/2020 12/28/20 Sold $288,000 -10.0% $90 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/13/2020 11/13/20 Price Changed $319,900 -5.9% $100 / Sq Ft
10/21/2020 10/21/20 Price Changed $339,900 -5.6% $106 / Sq Ft
09/19/2020 09/19/20 For Sale $359,900 -- $112 / 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 $4,039 $451,000 $79,900 $371,100
2024 $4,039 $439,700 $79,900 $359,800
2023 $3,447 $378,800 $74,500 $304,300
2022 $2,500 $271,700 $70,400 $201,300
2021 $2,231 $232,200 $68,600 $163,600
2020 $2,202 $224,900 $66,800 $158,100
2019 $2,055 $216,300 $65,500 $150,800
2018 $2,034 $211,600 $63,200 $148,400
2017 $2,008 $204,000 $62,300 $141,700
2016 $1,902 $198,100 $61,400 $136,700
2015 $1,854 $190,500 $60,500 $130,000
2014 $1,850 $190,100 $60,500 $129,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2208159

Central Virginia Regional MLS

APN: 718-70-28-84-900-000