NOT LISTED FOR SALE

10253 Malabar Cir Mechanicsville, VA 23116

Estimated Value: $726,000 - $918,000

4 Beds
4.5 Baths
4,533 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $550,000 $121 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,927/month

59 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Community Lake
  • Rural Point Elementary School Rated A
  • Home fronts a pond
  • Transitional Architecture

About This Home

As of February 2020

If you love entertaining... this is the home for you! This solid brick home is tucked away in a cul de sac with a breathtaking view of the Colonial Forest Lake. As you walk into the front door, you are welcomed by a spacious open concept and plenty of natural light all around. You will love the cathedral ceilings, hardwood floors, tray ceilings, crown molding, and tall stone fireplace. The first-floor master bedroom features two huge walk-in closets connected by the bathroom in between. The master bathroom has two separate vanities, a shower and a luxurious jetted tub. The kitchen is laid out beautifully with a large island and plenty of storage compartments. The large 2 car garage includes a tiled floor throughout and plenty of space for storage. The upstairs includes 3 more bedrooms, 2 more full baths, and multiple walk-in attic spaces. As you walk out the backdoor, you'll see an extensive patio that is perfect for relaxing on the lake or hosting parties. As an extra bonus there's a 20 x 16 "She Shed" that can be used for endless possibilities. This one owner home was designed with incredible attention to detail and you will not want to miss it!

Last Agent to Sell the Property

William Coalson

Hometown Realty License #0225219209 Listed on: 11/15/2019

Hometown Realty

Last Buyer's Agent

Chad Porter

ERA Woody Hogg & Assoc License #0225226744

ERA Woody Hogg & Assoc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 1995

Lot Details

  • 0.9 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Zoning described as R1

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 4,533 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Stone Fireplace
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio
  • Rear Porch

Schools

  • Rural Point Elementary School
  • Oak Knoll Middle School
  • Hanover High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • Colonial Forest Subdivision
  • Community Lake
  • Pond in Community

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 8717-55-3083

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,310

Year Built

Built in 1995

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1995
  • Property Attached Yn: No
  • Lot Size Acres: 0.898
  • Water Body Name: Lake
  • Ownership: Estate
  • Subdivision Name: Colonial Forest
  • Architectural Style: Two Story, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Tray Ceiling(s), Double Vanity, Granite Counters, High Ceilings, Jetted Tub, Bath in Primary Bedroom, Main Level Primary
  • Living Area: 4533.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront Features: Lake, Lake Front, Pond, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Brick, Drywall
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Electric, Propane, Zoned
  • Cooling: Electric, Zoned
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Lake, Pond
  • Association Fee: 125.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Oak Knoll

Lot Info

  • Parcel Number: 8717-55-3083
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4310.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Rural Point
  • High School: Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Feb 13, 2020
Sold by
Morgan Lewis and The Ann L Rainey Trust Agreeme
Bought by
Martin Jordan T and Bradley Jessica M
Seller's Agent
William Coalson
Hometown Realty
Buyer's Agent
Chad Porter
ERA Woody Hogg & Assoc
List Price
$589,950
Sold Price
$550,000
Premium/Discount to List
-$39,950
-6.77%
Current Estimated Value
$836,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,116
Avg. Annual Appreciation
7.64%
Original Mortgage
$485,000
Outstanding Balance
$429,434
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$406,682

Purchase Details

Closed on
Jun 15, 2018
Sold by
Rainey Ann L
Bought by
Rainey Ann L and The Ann L Rainey Trust Under Agreement D
Source: Public Records

Range of Values:

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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
Martin Jordan T $550,000 Homeland Title Stlmnt Agency
Rainey Ann L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jordan T $485,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $550,000 -5.2% $121 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
12/12/2019 12/12/19 Price Changed $579,950 -1.7% $128 / Sq Ft
11/15/2019 11/15/19 For Sale $589,950 -- $130 / 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 $6,388 $788,700 $117,000 $671,700
2024 $6,388 $788,700 $117,000 $671,700
2023 $5,488 $712,800 $117,000 $595,800
2022 $5,306 $655,000 $104,000 $551,000
2021 $4,804 $593,100 $97,500 $495,600
2020 $4,804 $593,100 $97,500 $495,600
2019 $4,310 $566,200 $91,000 $475,200
2018 $4,310 $532,100 $84,500 $447,600
2017 $4,043 $499,100 $84,500 $414,600
2016 $4,043 $499,100 $84,500 $414,600
2015 $4,043 $499,100 $84,500 $414,600
2014 $4,043 $499,100 $84,500 $414,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1936833

Central Virginia Regional MLS

APN: 8717-55-3083