NOT LISTED FOR SALE

15407 Avada Terrace Midlothian, VA 23112

Estimated Value: $827,000 - $845,351

4 Beds
3.5 Baths
3,270 Sq Ft
$256/Sq Ft Est. Value

Last Sold February 20, 2023

Last sale price $750,746 $230 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,288/month

2 Days on Market

Highlights

  • Under Construction
  • Custom Home
  • Deck
  • Midlothian High School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of February 2023

Welcome to “The Kiawah” by Keel Custom Homes in highly coveted NewMarket Estates! If you’re looking for excellent craftsmanship, quality, and attention to detail, then you’ve found the right home and the right builder. The Kiawah boasts 4 bedrooms, 3.5 bathrooms, and 3,270SF of incredible living space (optional 5th bedroom & additional bathroom!). This superbly-designed plan offers impressive finishes and features with a spacious foyer upon entry to the home, a dining room with access to the stunning kitchen with on-trend cabinets, granite countertops, walk-in pantry, and a massive island with seating. Both the family room and eating nook are open to the kitchen along with doors that take you to the covered porch. The first floor is rounded out by a guest suite with full bathroom, a mud room with dropzone, and a 2-car garage. Upstairs you’ll enjoy 4 nicely sized bedrooms including the primary suite offering a large bathroom with dual bowl vanity, walk-in shower with glass door and tile, soaker tub, and WIC. The Kiawah plan is absolutely gorgeous throughout!

Last Agent to Sell the Property

Ernie Chamberlain

Hometown Realty License #0225218837 Listed on: 01/11/2023

Last Buyer's Agent

Joseph Kim

Plentura Realty LLC License #0225210800

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.28 Acre Lot
  • Zoning described as R12

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,270 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Old Hundred Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 715-69-51-04-800-000

Community Details

Overview

  • Rountrey Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Property Attached Yn: No
  • Lot Size Acres: 0.2756
  • Ownership: Corporate
  • Subdivision Name: Rountrey
  • Architectural Style: Custom, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Oven, Stove, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Dining Area, Eat-in Kitchen, Fireplace, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 3270.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None, Community
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick Veneer, Frame, Vinyl Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Deck, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Off Street, Paved

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Pool
  • Amenities: Management
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Recreation Facilities, Trash

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 715-69-51-04-800-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1214.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: Old Hundred
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Jan 27, 2023
Sold by
Keel Custom Homes
Bought by
Oh Kwangsuk and Jang Yeun Suk
Seller's Agent
Ernie Chamberlain
Hometown Realty
Buyer's Agent
Joseph Kim
Plentura Realty LLC
List Price
$709,990
Sold Price
$750,746
Premium/Discount to List
$40,756
5.74%
Views
22
Current Estimated Value
$835,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,092
Avg. Annual Appreciation
4.72%
Original Mortgage
$600,000
Outstanding Balance
$583,133
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$252,705

Purchase Details

Closed on
Aug 4, 2021
Sold by
Rountrey Dev Corp
Bought by
Webb Homes Llc and Keel Custom Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Oh Kwangsuk $750,590 Wfg National Title
Webb Homes Llc $313,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Kwangsuk $600,000
Previous Owner Webb Homes Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2023 02/20/23 Sold $750,746 +5.7% $230 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $709,990 -- $217 / 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 $6,790 $760,100 $147,000 $613,100
2024 $6,790 $725,400 $147,000 $578,400
2023 $5,503 $604,700 $142,000 $462,700
2022 $1,214 $132,000 $132,000 $0
2021 $1,207 $127,000 $127,000 $0
2020 $1,207 $127,000 $127,000 $0
2019 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2300779

Central Virginia Regional MLS

APN: 715-69-51-04-800-000