NOT LISTED FOR SALE

1308 Gravity Hill Rd Midlothian, VA 23114

Estimated Value: $654,502 - $687,000

4 Beds
3 Baths
3,611 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $387,000 $107 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,980/month

Highlights

  • Wood Flooring
  • J B Watkins Elementary School Rated A-
  • Forced Air Zoned Heating and Cooling System

About This Home

As of June 2015

Fabulous light-filled home with great transitional flow and space for everyone! 2-story foyer w/ open stairway welcomes you and leads you to the formal rooms. Large LR and DR boast hardwood floors, tray ceiling, columns, wainscotting and big bay-bow window. Updated kitchen features NEW beautiful granite counters, big island/bar, tin backsplash, HW floor, 42"cabinets, pantry and huge eat-in area with bay/palladium windows. It's the pefect entertaining space as big kitchen opens to inviting, light + bright family room w/cozy gas FP. Convenient Mudroom provides entry from the 2-car garage. Nice master BR with huge w/i closet and CF. Big Spa-like master bath with raised double vanity, glass-enclosed shower and deep soaking tub. 3 more good-sized BRs up, all with generous closet space. 2nd full bath features separate vanity area. AWESOME huge finished 3rd floor space with BAR and FULL BATH! Great for rec room, man-cave, or teen suite. Neutral decor and FRESH PAINT throughout. Relaxing full front porch. BIG 2-tiered deck overlooks beautifully landscaped, FENCED, flat backyard. Great neighborhood, close to highway, shopping and Chesterfield's best shools! This beautiful home has it ALL!

Last Agent to Sell the Property

Kurt Negaard

RE/MAX Commonwealth License #0225029156 Listed on: 05/04/2015

RE/MAX Commonwealth

Last Buyer's Agent

Adam Barkstom

Connections Realty LLC License #0225212850

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,235

Year Built

  • 2002

Lot Details

  • 0.28

Home Design

  • Composition Roof

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property has 2.5 Levels
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 729-701-09-09-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,235

Year Built

2002

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 107.17
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Flooring: Carpet-W-W, Wood
  • Interior: 9 Ft + Ceilings, Bay/Bow Window, Cathedral Ceiling, Double Vanity, Eat-In-Kitchen, Island, MBR Bath, Pantry, Tray Ceiling, Walk-In Closet
  • Number of Rooms: 9
  • Fireplace: Gas
  • Total Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 3 Full Bathrooms: 1
  • Full Bath Level 3 Description: Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Crawl Space
  • Attic: Access Panel
  • Number Of Levels: 2.50

Exterior Features

  • Fence: Rear Only
  • Porch: Front
  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Attached, Auto Door Opener
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: 2 Zoned AC
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Fee Information

  • Fee: 385.00
  • Fee Description: Community Association, Owners Association
  • Fee Includes: Clubhouse, Pool, Recreational Facilities
  • Fee Period: Yearly

Schools

  • Elementary School: Watkins
  • Middle School: Midlothian
  • High School: Midlothian

Lot Info

  • Zoning: R12 - ONE FAMILY RES
  • Lot: 031
  • Parcel Number: 729-701-09-09-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Jun 24, 2015
Sold by
Aurelius Tedd A
Bought by
Solomon Ferrell
Seller's Agent
Kurt Negaard
RE/MAX Commonwealth
Buyer's Agent
Adam Barkstom
Connections Realty LLC
List Price
$385,000
Sold Price
$387,000
Premium/Discount to List
$2,000
0.52%
Current Estimated Value
$671,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,126
Avg. Annual Appreciation
5.43%
Original Mortgage
$327,000
Outstanding Balance
$256,931
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$408,286

Purchase Details

Closed on
May 3, 2002
Sold by
Prospect Homes Of Richmond Inc
Bought by
Aurelius Tedd A and Aurelius Georgia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.13%
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
Solomon Ferrell $387,000 --
Aurelius Tedd A $280,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Ferrell $327,000
Previous Owner Aurelius Tedd A $246,000
Previous Owner Aurelius Tedd A $249,600
Previous Owner Aurelius Tedd A $247,500
Previous Owner Aurelius Tedd A $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $387,000 +0.5% $107 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $385,000 -- $107 / 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 $5,235 $585,400 $103,000 $482,400
2024 $5,235 $555,900 $95,000 $460,900
2023 $4,720 $518,700 $91,000 $427,700
2022 $4,323 $469,900 $87,000 $382,900
2021 $4,180 $433,100 $85,000 $348,100
2020 $3,655 $384,700 $85,000 $299,700
2019 $3,655 $384,700 $85,000 $299,700
2018 $3,655 $384,700 $85,000 $299,700
2017 $3,693 $384,700 $85,000 $299,700
2016 $3,539 $368,600 $80,000 $288,600
2015 $3,486 $360,500 $80,000 $280,500
2014 $3,329 $344,200 $77,000 $267,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1511667

Central Virginia Regional MLS

APN: 729-70-10-90-900-000