$314,000
SOLD APR 11, 2025

116 Spring Grove Way Smithfield, VA 23430

4 Beds
4 Baths
2,486 Sq Ft
$130/mo HOA Fee

Recently Sold

$126 Per Sq Ft

6% Below List Price

42 Days on Market

Highlights

  • City Lights View
  • Central Air
  • Ceiling Fan
  • Wood Flooring

About This Home

As of April 2025

This 4-bedroom, 4-bathroom, 3-story home presents a fantastic investment opportunity. With a well-designed layout featuring one bedroom on the first floor and three on the third, the property offers both privacy and convenience. Additional features include an attached garage, essential appliances, gas heating, and city water and sewer. The home is vacant at close, making it ready for immediate occupancy or rental potential.

Last Agent to Sell the Property

Norman Domingo

XRealty.NET LLC Listed on: 02/06/2025

Last Buyer's Agent

Rick Brandt

RE/MAX Connect

RE/MAX Connect

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,429

Year Built

  • Built in 2021

Lot Details

  • 2,962 Sq Ft Lot

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,486 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • City Lights Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Carrollton Elementary School
  • Smithfield Middle School
  • Smithfield High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Benns Grant Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,429

Year Built

Built in 2021

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • HOA YN: Yes
  • Property Type: Residential
  • Property Sub Type: Attached
  • Property Type - Cross Property: Attached Residential
  • Style: Townhouse, Tri-Level
  • GarageYN: No
  • AICUZ - Crash: None
  • AICUZ - Noise: N/A
  • Master Model: No
  • LP/ Sq Ft: 130.69
  • Estimated Year Built: 2021
  • Address Street Name Website: Spring Grove
  • Address Street Num Website: 116
  • Address Website: 116 Spring Grove WAY
  • Fees H O A P O A Monthly: 130
  • Fence: No
  • Market Time: 42
  • Contingency Exists: Non Contingent
  • Special Features: None
  • Stories: 3
  • Year Built: 2021

Interior Features

  • Equipment: Ceiling Fan
  • Flooring Type: Carpet, Wood
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • First Floor Bedroom/Full Bathrooms: No
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Stories Number: 3.0000
  • Estimated Sq Ft: 2486

Exterior Features

  • Exterior Siding: Brick, Vinyl
  • Fence Description: None
  • Foundation Type: Slab
  • Pool: No Pool
  • Roof: Asphalt Shingle
  • View: City
  • Waterfront Description: Not Waterfront

Garage/Parking

  • Parking: 1 Space

Utilities

  • Sewer Type: City/County
  • Water Heater Type: Gas
  • Water Type: City/County
  • Cooling: Central Air
  • Heating: Nat Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Carrollton Elementary
  • Middle School: Smithfield Middle
  • High School: Smithfield

Lot Info

  • Waterfront YN: No
  • Estimated Acres: 0.0680

Building Info

  • New Construction YN: No

Tax Info

  • Tax Amount Approx: 2429

MLS Schools

  • Elementary School: Carrollton Elementary
  • School High School: Smithfield
  • Middle School: Smithfield Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Apr 10, 2025
Sold by
Bailey Logan
Bought by
Sondhi Surinder Kumar and Sondhi Shomila
Seller's Agent
Norman Domingo
XRealty.NET LLC
Buyer's Agent
Rick Brandt
RE/MAX Connect
List Price
$333,900
Sold Price
$314,000
Premium/Discount to List
-$19,900
-5.96%
Views
150
Current Estimated Value
$376,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,770
Avg. Annual Appreciation
46.18%
Original Mortgage
$251,200
Outstanding Balance
$250,109
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$126,662

Purchase Details

Closed on
Feb 22, 2021
Sold by
Nvr Inc
Bought by
Bailey Logan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,529
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2020
Sold by
Ew-Benns Grant Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bargain Sale Deed $314,000 Cavalier Title
Deed $291,815 Nvr Settlement
Special Warranty Deed $270,000 Carr Thomas E
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,200 New Conventional
Previous Owner $286,529 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $314,000 -3.4% $126 / Sq Ft
03/20/2025 03/20/25 Pending -- -- --
03/04/2025 03/04/25 Price Changed $324,900 -0.5% $131 / Sq Ft
02/28/2025 02/28/25 Price Changed $326,400 -0.3% $131 / Sq Ft
02/20/2025 02/20/25 Price Changed $327,400 -0.2% $132 / Sq Ft
02/18/2025 02/18/25 Price Changed $327,900 -0.6% $132 / Sq Ft
02/13/2025 02/13/25 Price Changed $329,900 -0.6% $133 / Sq Ft
02/11/2025 02/11/25 Price Changed $331,900 -0.6% $134 / Sq Ft
02/06/2025 02/06/25 For Sale $333,900 -- $134 / Sq Ft
Source: Real Estate Information Network (REIN)

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
2024 $2,375 $325,400 $60,000 $265,400
2023 $2,364 $325,400 $60,000 $265,400
2022 $2,401 $276,100 $40,000 $236,100
2021 $2,401 $276,100 $40,000 $236,100
2020 $340 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Real Estate Information Network (REIN)

MLS Number: 10569026

Real Estate Information Network (REIN)

APN: 32-01-075A450