NOT LISTED FOR SALE

1342 Gravity Hill Trail Midlothian, VA 23114

Estimated Value: $659,602 - $701,000

5 Beds
3 Baths
3,619 Sq Ft
$189/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $400,000 $111 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,055/month

Highlights

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

About This Home

As of July 2014

This move-in ready, transitional has a two story foyer, hardwoods throughout the first floor, freshly painted and two new heating & AC units. It features a formal living room and dining room elegantly appointed with decorative columns, crown molding, wainscoting, tray ceiling and a family room with a gas fireplace that leads to the deck which overlooks the spacious, fenced, semi-private backyard. The open kitchen has granite countertops, large island, pantry, a breakfast nook and new SS appliances including a double oven. The second floor consists of the master bedroom, laundry room and 3 additional bedrooms all with new carpet, ceiling fans, and ample closets. The master bedroom has a walk in closet and bath with dual sinks, garden tub, separate shower, and privacy door for the toilet. The third floor is great for a recreation room or a teenager suite with its full bath and large closet. Additionally, there is a 2 car garage, aggregate driveway, irrigation & security system, and lots of storage. The house is walking distance to the community pool, walking trails, etc. and is located in a great school district and is only minutes away from restaurants, shopping and highways.

Last Agent to Sell the Property

Alicia Patel

Keller Williams Realty License #0225097448 Listed on: 06/13/2014

Keller Williams Realty

Last Buyer's Agent

Liz Dorneman

Long & Foster REALTORS License #0225037013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,207

Year Built

  • 2001

Lot Details

  • 0.37

Home Design

  • Shingle Roof
  • Composition Roof

Flooring

  • Wood
  • Partially Carpeted
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property has 3 Levels
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 729700256800000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,207

Year Built

2001

Lot Details

0

Listing Details

  • Restrictions: Assoc Restrictions
  • Structure: Frame, Wood
  • Price Per Finished Sq Ft: 110.53
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Double Oven, Electric Cooking, Exhaust Fan, Microwave, Refrigerator, Smoke Alarm, Stove Hood
  • Flooring: Carpet-Part, Linoleum, Tile, Wood
  • Interior: 9 Ft + Ceilings, Breakfast Nook, Cable TV, Double Vanity, Eat-In-Kitchen, Island, Pantry, Recessed Lighting, Security System, Tray Ceiling
  • Number of Rooms: 10
  • Fireplace: Gas
  • Total Fireplaces: 1
  • Total Bedrooms: 5
  • 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: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Crawl Space
  • Attic: Walk-In
  • Number Of Levels: 3.00

Exterior Features

  • Fence: Picket, Rear Only
  • Porch: Deck, Front
  • Pool Description: Community/Off Site
  • Roof: Composition, Shingled
  • Siding: Brick Veneer, Vinyl
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: Attached, Auto Door Opener, Direct Entry
  • Number Of Cars: 2
  • Parking: Paved Driveway

Utilities

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

Association/Amenities

  • Amenities: Association, Clubhouse, Common Area, Jogging Path, Kiddie Pool, Lifeguard, Playground, Professional Management

Fee Information

  • Fee: 385.00
  • Fee Description: Community Association
  • Fee Includes: Clubhouse, Common Area, Pool
  • Fee Period: Yearly

Schools

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

Lot Info

  • Parcel Number: 729700256800000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jul 23, 2014
Sold by
Yeary Elizabeth B
Bought by
Salomone William A
Seller's Agent
Alicia Patel
Keller Williams Realty
Buyer's Agent
Liz Dorneman
Long & Foster REALTORS
List Price
$434,970
Sold Price
$400,000
Premium/Discount to List
-$34,970
-8.04%
Current Estimated Value
$685,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,651
Avg. Annual Appreciation
4.83%
Original Mortgage
$320,000
Outstanding Balance
$246,748
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$430,442
Source: Public Records

Range of Values:

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Average Value
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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
Salomone William A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salomone William A $320,000
Previous Owner Burnette Elizabeth A $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $400,000 -8.0% $111 / Sq Ft
06/29/2014 06/29/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $434,970 -- $120 / 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 $5,207 $582,300 $103,000 $479,300
2024 $5,207 $549,000 $95,000 $454,000
2023 $4,696 $516,000 $91,000 $425,000
2022 $4,298 $467,200 $87,000 $380,200
2021 $4,158 $430,700 $85,000 $345,700
2020 $3,639 $383,000 $85,000 $298,000
2019 $3,639 $383,000 $85,000 $298,000
2018 $3,639 $383,000 $85,000 $298,000
2017 $3,677 $383,000 $85,000 $298,000
2016 $3,494 $364,000 $80,000 $284,000
2015 $3,472 $359,100 $80,000 $279,100
2014 $3,291 $340,200 $77,000 $263,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1417006

Central Virginia Regional MLS

APN: 729-70-02-56-800-000