$1,125,000
SOLD SEP 11, 2023

16109 Founders Bridge Terrace Midlothian, VA 23113

Westchester Neighborhood
5 Beds
5.5 Baths
6,027 Sq Ft
0.55 Acres

Recently Sold

$187 Per Sq Ft

6% Below List Price

45 Days on Market

Highlights

  • Custom Home
  • Clubhouse
  • Wood Flooring
  • Bettie Weaver Elementary School Rated A-
  • Deck
  • Loft

About This Home

As of September 2023

*No Need to Wait to Build, This Grand Property Has Been Beautifully Updated in 2019/2020 *4-Sides Brick *4 Levels of Refined Living Spaces *3-Car Garage *5/6 Bedrooms *5 1/2 Baths*Side Sleeping Porch *Two Home Offices *BASEMENT! *2-Story Foyer *French Doors Leads Into Office #1 w/Custom Built-Ins *Tray Ceiling in the Dining Room *Office #2 Features Custom French Doors & Built-In Desk + Access to Covered Masonry Side Sleeping Porch...This Room Could Also Serve As a Den If You Don't Need 2 Offices *Family Room w/Built-In Bookcase and Updated Fireplace w/Mantel *Spacious Remodeled Kitchen w/Granite, Large Center Working Island w/Seating, Gas Cooktop, Wall Oven, Wall Microwave/Oven, Dishwasher, Tile Backsplash & Task Lighting, Walk-In Pantry *1st Floor Laundry w/Tile Flooring, Cabinetry w/Sink *2nd Level: Primary Suite + Loft + 3 Bedrooms (Every Bdrm Has Access to a Full Bath) *Primary Suite is a Wing: 2 WICs, Sitting Room/Office/Gym *Primary Bath w/Sep Vanities, Tiled Shower *5th Bdrm w/En Suite Bath on 3rd Floor *BASEMENT: Rec Space w/Wet Bar: Cabinetry, Granite, Sink, Bev Cooler + Bdrm #6/Gym w/Full Bath *Fenced Backyard *Majority of Home Updated in 2019 Including HVAC/Water Heater

Last Agent to Sell the Property

Kristin Krupp

Shaheen Ruth Martin & Fonville Brokerage Email: info@srmfre.com License #0225082544 Listed on: 06/05/2023

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Ryan Lerow

Real Broker LLC License #0225212149

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,203

Year Built

  • Built in 2005

Lot Details

  • 0.55 Acre Lot
  • Vinyl Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Zoning described as R25

HOA Fees

  • $141 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 6,027 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Tray Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Insulated Doors
  • Separate Formal Living Room
  • Loft

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Enclosed patio or porch

Schools

  • Bettie Weaver Elementary School
  • Robious Middle School
  • James River High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 717-71-84-63-600-000

Community Details

Overview

  • Founders Bridge Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,203

Year Built

Built in 2005

Lot Details

0

HOA Fees

$141 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Property Attached Yn: Yes
  • Attribution Contact: info@srmfre.com
  • Lot Size Acres: 0.545
  • Ownership: Individuals
  • Subdivision Name: Founders Bridge
  • Architectural Style: Custom, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl, Wood
  • Basement: Full, Partially Finished, Walk-Out Access
  • Appliances: Built-In Oven, Dishwasher, Gas Cooking, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1784.0
  • Door Features: French Doors, Insulated Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bookcases, Built-in Features, Tray Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Kitchen Island, Loft, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 6027.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced, Vinyl
  • Lot Features: Landscaped, Level
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Brick, Frame, HardiPlank Type
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Enclosed, Side Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved

Utilities

  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Home Owners Association, Pool
  • Association Fee: 422.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Pool(s)

Schools

  • Middle Or Junior School: Robious

Lot Info

  • Topography: Level
  • Parcel Number: 717-71-84-63-600-000
  • Zoning Description: R25
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8203.0
  • Tax Lot: 51

MLS Schools

  • Elementary School: Bettie Weaver
  • High School: James River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Sep 7, 2023
Sold by
Moore Jon Daniel and Moore Portia
Bought by
Lynch Stephen and Lynch Amanda
Seller's Agent
Kristin Krupp
Shaheen Ruth Martin & Fonville
Buyer's Agent
Ryan Lerow
Real Broker LLC
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Views
216
Current Estimated Value
$1,251,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,362
Avg. Annual Appreciation
5.60%
Original Mortgage
$900,000
Outstanding Balance
$881,956
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$363,705

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 23, 2020
Sold by
Moore Jon Daniel
Bought by
Moore Jon Daniel and Moore Portia
Seller's Agent
Cabell Childress
Long & Foster REALTORS
Buyer's Agent
Kristin Krupp
Shaheen Ruth Martin & Fonville
List Price
$899,950
Sold Price
$909,950
Premium/Discount to List
$10,000
1.11%

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
$727,960
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 1, 2020
Sold by
Byrd Thomas R and Byrd Daisy H
Bought by
Moore Jon Daniel
Seller's Agent
Cabell Childress
Long & Foster REALTORS
Buyer's Agent
Kristin Krupp
Shaheen Ruth Martin & Fonville
List Price
$899,950
Sold Price
$909,950
Premium/Discount to List
$10,000
1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,960
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 11, 2007
Sold by
Milburn Robert
Bought by
Byrd Thomas
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,125,000 First American Title Insurance
Interfamily Deed Transfer -- None Available
Warranty Deed $909,950 Attorney
Warranty Deed $950,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $727,960 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $1,125,000 -6.3% $187 / Sq Ft
08/05/2023 08/05/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $1,200,000 +31.9% $199 / Sq Ft
06/05/2020 06/05/20 Sold $909,950 +1.1% $160 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $899,950 -- $158 / 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 $9,917 $1,111,500 $174,000 $937,500
2024 $9,917 $1,073,900 $174,000 $899,900
2023 $8,768 $963,500 $169,000 $794,500
2022 $8,203 $891,600 $166,000 $725,600
2021 $8,360 $877,400 $166,000 $711,400
2020 $8,112 $853,900 $160,000 $693,900
2019 $1,349 $142,000 $142,000 $0
2018 $7,381 $770,500 $140,000 $630,500
2017 $7,393 $764,900 $140,000 $624,900
2016 $7,147 $744,500 $135,000 $609,500
2015 $7,202 $747,600 $130,000 $617,600
2014 $7,080 $734,900 $116,000 $618,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2313600

Central Virginia Regional MLS

APN: 717-71-84-63-600-000