NOT LISTED FOR SALE

1318 Walton Creek Dr Midlothian, VA 23114

Estimated Value: $690,000 - $778,045

5 Beds
3 Baths
3,876 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $410,000 $106 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,460/month

Highlights

  • Wood Flooring
  • Midlothian High School Rated A
  • Forced Air Zoned Heating and Cooling System

About This Home

As of November 2012

WATER FRONT PROPERTY! BEAUTIFUL WELL LANDSCAPED LAWN WITH IRRIGATION SYSTEM . OVER HALFACRE OF PRIVACY. LOVELY HOME WITH A BREATH TAKING VIEW OF LAKE FROM DINING ROOM, KITCHEN,FAMILY ROOM,SCREENED PORCH AND DECK. WOOD FLOORS IN FOYER,FORMAL ROOMS AND LIBRARY. 5 BEDROOMS! FINISHED BASEMENT W/FULL BATH. THE BASEMENT IS LARGE ENOUGH FOR THEATER AREA,POOLTABLE(POOLTABLE WILL STAY)AND GAME AREA.PLUSACCESS TO LARGE AGGREGATE PATIO.SPACIOUS WORHSHOP ON BASEMENT LEVEL. 2 CAR GARAGE ON MAIN LEVEL.NEW GAS FURANCE AND AIR CONDITION ON FIRST LEVEL,NEW HOT WATER HEATER. NET WORK JACKS IN MOST ROOMS. MUST SEE TO APPRECIATE!!!

Last Agent to Sell the Property

Joyce Burkeen

BHHS PenFed Realty License #0225002879 Listed on: 09/17/2012

BHHS PenFed Realty

Co-Listed By

Jay Burkeen

BHHS PenFed Realty License #0225017162

Last Buyer's Agent

Joyce Burkeen

BHHS PenFed Realty License #0225002879 Listed on: 09/17/2012

BHHS PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,833

Year Built

  • 1999

Lot Details

  • 0.66

Home Design

  • Composition Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 735-698-61-58-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,833

Year Built

1999

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 105.78
  • Finished Sq Ft: 3876
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Countertop Range, Dishwasher, Disposal, Electric Cooking, Ice Maker, Microwave, Smoke Alarm
  • Flooring: Carpet-W-W, Tile-Ceramic, Wood
  • Interior: 9 Ft + Ceilings, Bay/Bow Window, Cable TV, Ceiling Fan, Dryer Hookup, Eat-In-Kitchen, Formal Dining Room, Island, MBR Bath, Pantry
  • Number of Rooms: 9
  • Fireplace: Gas, Prefabricate
  • Total Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Full Bathroom: 1
  • Basement Full Bathroom Description: Shower
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Basement-Full, Finished-Part, Walk-Out
  • Attic: Walk-Up
  • Number Of Levels: 2.00

Exterior Features

  • Porch: Deck, Screened
  • Exterior: Insulated Doors, Thermal Windows
  • Pool Description: In Ground, Membership Req
  • Roof: Composition
  • Siding: Vinyl
  • Wall Type: Drywall
  • Water Type: Lake, Lake Frontage

Garage/Parking

  • Garage Type: Attached
  • Number Of Cars: 2
  • Parking: Off Street, Paved Driveway

Utilities

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

Association/Amenities

  • Amenities: Association, Clubhouse, Kiddie Pool, Playground, Tennis Court

Fee Information

  • Fee: 162.00
  • Fee Includes: Comm Ar Mnt, Clubhouse, Pool
  • Fee Period: Quarterly

Schools

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

Lot Info

  • Zoning: R12
  • Lot: 035
  • Lot Description: Sloping, Waterfront, Waterview
  • Parcel Number: 735-698-61-58-00000

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2012
Closed on
Nov 27, 2012
Sold by
Gillett Franklin L
Bought by
Dement Deborah L
Seller's Agent
Joyce Burkeen
BHHS PenFed Realty
Buyer's Agent
Joyce Burkeen
BHHS PenFed Realty
List Price
$437,000
Sold Price
$410,000
Premium/Discount to List
-$27,000
-6.18%
Current Estimated Value
$736,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,761
Avg. Annual Appreciation
4.81%
Original Mortgage
$328,000
Outstanding Balance
$229,987
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$519,233

Purchase Details

Closed on
May 24, 1999
Sold by
Tomac Corp
Bought by
Gillett Franklin L and Gillett A T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,550
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1997
Sold by
S & S Properties
Bought by
Tomac Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,960,000
Interest Rate
8.12%
Mortgage Type
Credit Line Revolving
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
Dement Deborah L $410,000 --
Gillett Franklin L $295,410 --
Tomac Corp $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dement Deborah L $328,000
Previous Owner Tomac Corp $221,550
Previous Owner Tomac Corp $8,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $410,000 -6.2% $106 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $437,000 -- $113 / 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 $6,833 $764,900 $116,200 $648,700
2024 $6,833 $676,000 $109,200 $566,800
2023 $5,754 $632,300 $106,400 $525,900
2022 $5,216 $567,000 $103,600 $463,400
2021 $4,642 $481,700 $100,800 $380,900
2020 $4,576 $481,700 $100,800 $380,900
2019 $4,550 $478,900 $100,800 $378,100
2018 $4,428 $466,100 $95,200 $370,900
2017 $4,061 $423,000 $95,200 $327,800
2016 $4,034 $420,200 $92,400 $327,800
2015 $4,127 $427,300 $92,400 $334,900
2014 $3,980 $412,000 $89,600 $322,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1223308

Central Virginia Regional MLS

APN: 735-69-86-15-800-000