NOT LISTED FOR SALE

1426 Gravity Hill Rd Midlothian, VA 23114

Estimated Value: $642,657 - $728,000

6 Beds
3 Baths
3,632 Sq Ft
$188/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $385,000 $106 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,198/month

19 Days on Market

About This Home

As of January 2014

LOCATION! LOCATION! LOCATION! This lovely home is nestled on a cul-de-sac in a highly desirable neighborhood. The Grove is a suburban neighborhood conveniently located in the heart of Midlothian, but offers a rural feel with its 300 acres of rolling hills. Some of the amenities include award-winning schools, clubhouse with pool, stocked lake, and walking trails. Enjoy community events or relax on the deck overlooking the home's generous yard. Inside, you will find many custom upgrades including newly refinished hardwood floors, numerous rooms for living (6 bedrooms), Cambria countertops, vaulted breakfast room with palladian window, and lots more. Once you see this one, you will want to call it HOME!

Last Listed By

Diana Morgan Bradley

Keller Williams Coastal VA License #0225192286 Listed on: 11/20/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,902

Year Built

  • 2001

Lot Details

  • 0.41

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property has 2.5 Levels
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 729-700-72-71-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,902

Year Built

2001

Lot Details

0

Listing Details

  • Structure: Brick, Block
  • Price Per Finished Sq Ft: 106.00
  • Finished Sq Ft: 3632
  • Planned Unit Development: The Grove
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Number of Rooms: 10
  • Total Fireplaces: 1
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 3
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Pull Down
  • Number Of Levels: 2.50

Exterior Features

  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Attached, Auto Door Opener
  • Number Of Cars: 2.5

Utilities

  • Heating Fuel: Natural Gas
  • Heating: 2 Zoned Heat
  • Cooling: 2 Zoned AC
  • Sewer: Public Sewer

Fee Information

  • Fee: 365.00
  • Fee Period: Yearly

Schools

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

Lot Info

  • Zoning: R12 - ONE FAMILY RES
  • Lot: 013
  • Parcel Number: 729-700-72-71-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 20, 2014
Sold by
Mcspadden William V
Bought by
Bitz Jamie S
Seller's Agent
Diana Morgan Bradley
Keller Williams Coastal VA
Buyer's Agent
Barbara McKnight
Long & Foster REALTORS
List Price
$385,000
Sold Price
$385,000
Total Days on Market
19
Current Estimated Value
$683,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,414
Original Mortgage
$327,250
Outstanding Balance
$255,735
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2002
Sold by
Kleine Michael R
Bought by
Mcspadden William V and Mcspadden Joyce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2001
Sold by
Town/Country Bldrs Inc
Bought by
Kleine Michael R and Kleine Toni T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,710
Interest Rate
7.2%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Bitz Jamie S $385,000 --
Mcspadden William V $311,000 --
Kleine Michael R $301,710 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bitz Jamie S $83,000
Closed Bitz Jamie S $70,000
Open Bitz Jamie S $327,250
Previous Owner Kleine Michael R $248,800
Previous Owner Kleine Michael R $151,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2014 01/22/14 Sold $385,000 0.0% $106 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $385,000 -- $106 / 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 $4,902 $541,900 $95,000 $446,900
2023 $4,664 $512,500 $91,000 $421,500
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 $3,493 $363,900 $80,000 $283,900
2015 $3,471 $359,000 $80,000 $279,000
2014 $3,289 $340,000 $77,000 $263,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1329488

Central Virginia Regional MLS

APN: 729-70-07-27-100-000