NOT LISTED FOR SALE

12612 Summerhouse Ln Midlothian, VA 23112

Estimated Value: $421,000 - $464,369

5 Beds
2.5 Baths
2,096 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $225,000 $107 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,602/month

126 Days on Market

Highlights

  • Colonial Architecture
  • 1 Car Attached Garage
  • Heating Available
  • Alberta Smith Elementary School Rated A-
  • Central Air

About This Home

As of December 2018

****Verbally accepted offer on this property, we are waiting for the ratified documents to "pend" this listing in the system.*****

Recently renovated home in the Midlothian area. The renovations includes: New Carpet, New paint, New Heat Pumps, New finished 5th bedroom and a few more smaller updates. In addition to these renovations, the home features: 5 bedrooms, 2.5 baths, country porch, 1 car attached garage, bonus room downstairs and much more. Close to major shopping and highways, come see for yourself!!!

Last Agent to Sell the Property

Joe Mallory

Dalton Realty License #0225102430 Listed on: 07/16/2018

Co-Listed By

Maurice Newbill

Dalton Realty License #0225087421

Last Buyer's Agent

Angel Velez

Home For Life Realty LLC License #0225221698

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,366

Year Built

  • Built in 2007

Lot Details

  • 0.34 Acre Lot
  • Zoning described as R9

Parking

  • 1 Car Attached Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Alberta Smith Elementary School
  • Bailey Bridge Middle School
  • Manchester High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Cameron Bay Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 2
  • Assessor Parcel Number 736-67-41-11-600-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,366

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Property Attached Yn: No
  • Lot Size Acres: 0.343
  • Co List Office Mls Id: DLTN01
  • Co List Office Phone: 804-723-5750
  • Ownership: REO
  • Subdivision Name: Cameron Bay
  • Architectural Style: Colonial, Two Story
  • 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: RealEstateOwned
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Living Area: 2096.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Frame, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 736-67-41-11-600-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2366.0
  • Tax Lot: 2

MLS Schools

  • Elementary School: Alberta Smith
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2018
Closed on
Nov 21, 2018
Sold by
Brougham Reo Owner Lp
Bought by
Castro-Mercedes Richard A and Castro Sholama R
Seller's Agent
Joe Mallory
Dalton Realty
Buyer's Agent
Angel Velez
Home For Life Realty LLC
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Current Estimated Value
$436,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,592
Avg. Annual Appreciation
10.32%
Original Mortgage
$220,924
Interest Rate
4.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2017
Sold by
Wilmington Savings Fund Society Fsb D/B/
Bought by
Brougham Reo Owner Lp

Purchase Details

Closed on
Oct 3, 2017
Sold by
Terra Abstract Virginia Inc
Bought by
Wilmington Savings Fund Society Fsb D/B/ and Brougham Fund I Trust

Purchase Details

Closed on
Sep 12, 2007
Sold by
Chesterfield Construction
Bought by
Sanders Rita W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,392
Interest Rate
6.63%
Mortgage Type
New Conventional
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
Castro-Mercedes Richard A $225,000 Attorney
Brougham Reo Owner Lp -- None Available
Wilmington Savings Fund Society Fsb D/B/ $217,000 None Available
Sanders Rita W $264,880 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro-Mercedes Richard A $220,924
Previous Owner Sanders Rita W $238,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $225,000 +2.3% $107 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
10/25/2018 10/25/18 Price Changed $219,900 -4.3% $105 / Sq Ft
09/30/2018 09/30/18 Price Changed $229,900 -4.2% $110 / Sq Ft
08/20/2018 08/20/18 Price Changed $239,900 -4.0% $114 / Sq Ft
08/03/2018 08/03/18 Price Changed $249,900 -3.8% $119 / Sq Ft
07/16/2018 07/16/18 For Sale $259,900 -- $124 / 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 $3,549 $395,900 $76,000 $319,900
2024 $3,549 $382,000 $73,000 $309,000
2023 $3,337 $366,700 $71,000 $295,700
2022 $2,928 $318,300 $68,000 $250,300
2021 $2,635 $270,400 $66,000 $204,400
2020 $2,569 $270,400 $66,000 $204,400
2019 $2,427 $255,500 $64,000 $191,500
2018 $1,756 $249,100 $63,000 $186,100
2017 $1,685 $231,600 $62,500 $169,100
2016 $2,163 $225,300 $62,500 $162,800
2015 $2,178 $224,300 $62,500 $161,800
2014 $2,102 $216,400 $62,500 $153,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1825829

Central Virginia Regional MLS

APN: 736-67-41-11-600-000