NOT LISTED FOR SALE

1506 Sandbag Terrace Midlothian, VA 23113

Estimated Value: $346,000 - $387,438

4 Beds
2 Baths
1,635 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $250,000 $153 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,256/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Vinyl Flooring
  • James River High School Rated A-
  • Cooling Available
  • Heat Pump System

About This Home

As of August 2020

Come see this cute little Cape in the heart of Midlothian. Easy access to shopping and highways but nestled in a quiet neighborhood. This 5 bedroom 2 bath home features a large kitchen and livingroom as well as 2 first floor bedrooms. Upstairs boasts a master with walk in closet.

Last Agent to Sell the Property

Kristin Thompson

Ridge Point Realty LLC License #0225181251 Listed on: 07/14/2020

Last Buyer's Agent

Sean Gould

Hometown Realty License #0225231787

Hometown Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 1987

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Zoning described as R12

Parking

  • Shared Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,635 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Crawl Space

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Robious Elementary And Middle School
  • James River High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Old Buckingham Forest Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 734-71-16-03-400-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,932

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Property Attached Yn: No
  • Lot Size Acres: 0.28
  • Ownership: Individuals
  • Subdivision Name: Old Buckingham Forest
  • Architectural Style: Cape Cod, Two Story
  • Garage Yn: No
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 1635.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Shared Driveway

Utilities

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

Schools

  • Middle Or Junior School: Robious

Lot Info

  • Parcel Number: 734-71-16-03-400-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1932.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Robious
  • High School: James River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 19, 2020
Sold by
Rojas Virginia M and Supplee Chalee Nicole
Bought by
Fekas Margo Ellen
Seller's Agent
Kristin Thompson
Ridge Point Realty LLC
Buyer's Agent
Sean Gould
Hometown Realty
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$367,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,360
Avg. Annual Appreciation
7.87%
Original Mortgage
$225,000
Outstanding Balance
$201,378
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$164,095

Purchase Details

Listed on
Sep 9, 2016
Closed on
Oct 17, 2016
Sold by
Matheson Gordon and Matheson Karen
Bought by
Rojas Virginia M and Supplee Chalee Nicole
Seller's Agent
Annemarie Hensley
Compass
Buyer's Agent
Michele Hayslette
The Wilson Group
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$191,468
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2012
Sold by
Matheson Michael
Bought by
Matheson Gordon

Purchase Details

Closed on
Jun 25, 2008
Sold by
Hewitt Associates Llc
Bought by
Matheson Michael and Rickman,Bethany Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2008
Sold by
Compton Michael S
Bought by
Hewitt Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Featherston Charles A
Bought by
Compton Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2002
Bought by
Featherston Charles A and Featherston Catherine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1998
Sold by
Hool Jimmie L
Bought by
Featherston Charles A and Neurohr Catherine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.11%
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
Fekas Margo Ellen $250,000 First Title & Escrow
Rojas Virginia M $195,000 Old Dominion Title & Escrow
Matheson Gordon $180,000 --
Matheson Michael $197,000 --
Hewitt Associates Llc $199,500 --
Compton Michael S $199,500 --
Featherston Charles A -- --
Featherston Charles A $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fekas Margo Ellen $225,000
Previous Owner Rojas Virginia M $191,468
Previous Owner Matheson Michael $157,600
Previous Owner Compton Michael S $159,600
Previous Owner Featherston Charles A $88,400
Previous Owner Featherston Charles A $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $250,000 0.0% $153 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $250,000 +28.2% $153 / Sq Ft
10/21/2016 10/21/16 Sold $195,000 -2.0% $119 / Sq Ft
09/10/2016 09/10/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $199,000 -- $122 / 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 $3,050 $339,900 $69,000 $270,900
2024 $3,050 $322,100 $69,000 $253,100
2023 $2,643 $290,400 $64,000 $226,400
2022 $2,408 $261,700 $60,000 $201,700
2021 $2,258 $235,000 $58,000 $177,000
2020 $2,062 $217,000 $57,000 $160,000
2019 $1,932 $203,400 $56,000 $147,400
2018 $1,892 $195,500 $55,000 $140,500
2017 $1,876 $190,200 $52,000 $138,200
2016 $1,776 $185,000 $52,000 $133,000
2015 $1,703 $174,800 $48,000 $126,800
2014 $1,623 $166,500 $48,000 $118,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2021160

Central Virginia Regional MLS

APN: 734-71-16-03-400-000