NOT LISTED FOR SALE

1042 Alcorn Terrace Midlothian, VA 23114

Estimated Value: $456,000 - $504,000

3 Beds
3 Baths
2,388 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $311,111 $130 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,009/month

1 Day on Market

Highlights

  • Clubhouse
  • Deck
  • Screened Porch
  • Midlothian High School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of December 2018

FIRST FLOOR MASTER with YARD MAINTAINED for you! Rare Opportunity in Charter Colony for patio home with one level living!! Look at what you can have! Open floorplan with NEW Stainless appliances! Hardwood floors on main level. Lovely crown molding. Formal dining room PLUS 3rd full bath with FLEX 4th BEDROOM ON FIRST FLOOR! Gas fireplace, Newly screened porch block UVA + UVB rays, Newly refinished decking and stairs complete with solar lighting. Newly fenced rear yard! LEVEL driveway on cul-de-sac street!! 2 extra large bedrooms upstairs with 2nd full bath, lofty area and bonus study! Extra roomy closets, ceiling fans everywhere, designer lighting fixtures, freshly cleaned carpeting. NEW belt driven QUIET garage opener with keypad. BEST PART-- your HOA fees mow your lawn!! You can relax on your front porch and enjoy the gorgeous neighborhood! Charter Colony is located in desirable schools, active HOA has many activities and amenities, all with easy commute to work, schools, dining and shopping! Come live the good life!

Last Agent to Sell the Property

Debbie McGee

Long & Foster REALTORS License #0225182569 Listed on: 11/01/2018

Long & Foster REALTORS

Last Buyer's Agent

Paul Gee

Long & Foster REALTORS License #0225033505

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,977

Year Built

  • Built in 2005

Lot Details

  • 6,403 Sq Ft Lot
  • Back Yard Fenced
  • Sprinkler System
  • Zoning described as R9

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,388 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Induction Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Evergreen Elementary School
  • Tomahawk Creek Middle School
  • Midlothian High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 725-69-92-77-200-000

Community Details

Overview

  • Leland Village At Charter Colony Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,977

Year Built

Built in 2005

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Property Attached Yn: No
  • Lot Size Acres: 0.147
  • Ownership: Individuals
  • Subdivision Name: Leland Village At Charter Colony
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Refrigerator, Smooth Cooktop, Stove
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 2388.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Porch, Paved Driveway
  • Patio And Porch Features: Front Porch, Screened, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Off Street, Oversized, Paved

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Pool, Home Owners Association, Playground, Pool, Tennis Court(s), Curbs, Gutter(s), Sidewalks
  • Amenities: Landscaping
  • Association Fee: 210.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 725-69-92-77-200-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2977.0
  • Tax Lot: 22

MLS Schools

  • Elementary School: Evergreen
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Dec 7, 2018
Sold by
Finnegan Joan C
Bought by
Whitt Sharon G
Seller's Agent
Debbie McGee
Long & Foster REALTORS
Buyer's Agent
Paul Gee
Long & Foster REALTORS
List Price
$310,000
Sold Price
$311,111
Premium/Discount to List
$1,111
0.36%
Current Estimated Value
$486,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,543
Avg. Annual Appreciation
6.41%
Original Mortgage
$248,800
Outstanding Balance
$220,050
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$253,673

Purchase Details

Closed on
Jul 6, 2016
Sold by
Benedict James G and Benedict Ramona A
Bought by
Finnegan Patrick and Finnegan Joan C

Purchase Details

Closed on
Nov 15, 2010
Sold by
Gentry Trustee Clayton E
Bought by
Benedict James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
W V Mcclure Inc
Bought by
Gentry Clayton
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
Whitt Sharon G $311,111 Attorney
Finnegan Patrick $305,000 Attorney
Benedict James G $266,000 --
Gentry Clayton $298,808 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitt Sharon G $248,800
Previous Owner Benedict James G $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2018 12/12/18 Sold $311,111 +0.4% $130 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $310,000 -- $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 $4,188 $467,700 $82,000 $385,700
2024 $4,188 $452,100 $82,000 $370,100
2023 $3,867 $424,900 $82,000 $342,900
2022 $3,410 $370,700 $79,000 $291,700
2021 $3,021 $315,400 $77,000 $238,400
2020 $2,987 $314,400 $76,000 $238,400
2019 $2,977 $313,400 $75,000 $238,400
2018 $2,952 $313,400 $75,000 $238,400
2017 $2,914 $299,600 $70,000 $229,600
2016 $2,771 $288,600 $70,000 $218,600
2015 $2,625 $272,100 $70,000 $202,100
2014 $2,637 $272,100 $70,000 $202,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1837564

Central Virginia Regional MLS

APN: 725-69-92-77-200-000