NOT LISTED FOR SALE

1405 Lockett Ridge Rd Midlothian, VA 23114

Estimated Value: $353,000 - $413,000

4 Beds
2.5 Baths
1,960 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 09, 2015

Last sale price $209,500 $107 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,451/month

10 Days on Market

Highlights

  • In Ground Pool
  • Main Floor Bedroom
  • Skylights
  • Deck
  • Separate Formal Living Room
  • Front Porch

About This Home

As of November 2015

Fantastic renovation with first floor bedroom and swimming pool in the heart of Midlothian (Lucks lane corridor) convenient to Powhite parkway and 288 in the highly desirable Smoketree South sub-division. The schools are top-notch with Midlothian middle school ranked 2nd in the Richmond metro area. The exterior features a front porch, concrete driveway, fenced backyard, triple-layered freshly stained large deck, enclosed hot-tub, swimming pool, and brand new dimensional roof and windows. First floor of the interior features large living room with new laminate floor, fireplace, and ceiling fan; kitchen with new flooring, cabinets, countertops, and brand new stainless steel appliances; formal dining room with new flooring; Florida room with new carpet, ceiling fan, and skylights; laundryroom and half bath with vinyl floor; brand new water heater; and first floor bedroom with new carpet. The second floor has all new carpet, master bedroom with attached updated bath, walk-in closet, and an attached office/study. There is another full updated bath and two other bedrooms on the second floor. House is freshly painted from inside and outside.

Last Listed By

Amit Kabnurkar

Real Broker LLC License #0225201231 Listed on: 08/01/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1982 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Zoning described as R7 - ONE FAMILY RES

Home Design

  • Frame Construction
  • Shingle Roof
  • Hardboard

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Factory Built Fireplace
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Down Draft Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • Driveway
  • Paved Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Front Porch

Schools

  • Evergreen Elementary School
  • Midlothian Middle School
  • Monacan High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Smoketree South Subdivision

Listing and Financial Details

  • Tax Lot 025
  • Assessor Parcel Number 738-696-14-46-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,943

Year Built

Built in 1982 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1982
  • Property Attached Yn: No
  • Lot Size Acres: 0.2534
  • Ownership: Partnership
  • Subdivision Name: Smoketree South
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted, Vinyl
  • Basement: Crawl Space
  • Private Spa: Yes
  • Appliances: Down Draft, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Factory Built
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Bath in Primary Bedroom, Skylights, Walk-In Closet(s)
  • Living Area: 1960.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Lot Features: Landscaped, Level
  • Pool Features: In Ground, Pool
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Drywall, Frame, Hardboard
  • Exterior Features: Hot Tub/Spa, Out Building(s), Storage, Shed, Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

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

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 738-696-14-46-00000
  • Zoning Description: R7 - ONE FAMILY RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1943.04
  • Tax Lot: 025

MLS Schools

  • Elementary School: Evergreen
  • High School: Monacan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2015
Closed on
Oct 27, 2015
Sold by
Short Pump Investments Llc A Virginia Li
Bought by
Rhea William
Seller's Agent
Amit Kabnurkar
Real Broker LLC
Buyer's Agent
Jonathan Ceaser
Fathom Realty Virginia
List Price
$209,950
Sold Price
$209,500
Premium/Discount to List
-$450
-0.21%
Total Days on Market
10
Current Estimated Value
$387,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,276
Avg. Annual Appreciation
6.66%
Original Mortgage
$205,704
Outstanding Balance
$163,097
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$224,679

Purchase Details

Listed on
May 7, 2015
Closed on
Jun 22, 2015
Sold by
Secretary Of H U D Washington
Bought by
Short Pump Investments Llc
Seller's Agent
Daniel Nieding
New Market Realty
Buyer's Agent
Amit Kabnurkar
Real Broker LLC
List Price
$165,000
Sold Price
$132,200
Premium/Discount to List
-$32,800
-19.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
235.89%

Purchase Details

Closed on
Nov 15, 2014
Sold by
Bank Of America N A
Bought by
Secretary Of H U D

Purchase Details

Closed on
Aug 5, 2014
Sold by
Equity Trustees Llc Sub Tr
Bought by
Bank Of America N A

Purchase Details

Closed on
Feb 20, 2001
Sold by
Davenport Valerie
Bought by
Benson Max S and Benson Malika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,350
Interest Rate
7.08%
Mortgage Type
VA

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
Rhea William $209,500 Attorney
Short Pump Investments Llc $132,200 --
Secretary Of H U D -- --
Bank Of America N A $154,840 --
Benson Max S $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhea William $205,704
Previous Owner Benson Max S $194,196
Previous Owner Benson Max S $120,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2015 11/09/15 Sold $209,500 -0.2% $107 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $209,950 +58.8% $107 / Sq Ft
06/23/2015 06/23/15 Sold $132,200 -19.9% $67 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $165,000 -- $84 / 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
2024 $3,357 $342,500 $60,000 $282,500
2023 $2,923 $321,200 $57,000 $264,200
2022 $2,679 $291,200 $52,000 $239,200
2021 $2,468 $257,200 $50,000 $207,200
2020 $2,388 $251,400 $48,000 $203,400
2019 $2,298 $241,900 $48,000 $193,900
2018 $2,194 $230,900 $45,000 $185,900
2017 $2,076 $216,200 $45,000 $171,200
2016 $2,005 $208,900 $45,000 $163,900
2015 $1,968 $202,400 $43,000 $159,400
2014 -- $191,300 $42,000 $149,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1521834

Central Virginia Regional MLS

APN: 738-69-61-44-600-000