NOT LISTED FOR SALE

16113 Binley Rd Midlothian, VA 23112

Estimated Value: $1,280,000 - $1,370,000

7 Beds
6 Baths
5,434 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $850,000 $156 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,898/month

146 Days on Market

Highlights

  • Outdoor Pool
  • Community Lake
  • Deck
  • Midlothian High School Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of June 2019

$70,000 BELOW APPRAISED VALUE!!! This custom-built home comes with incredible features and is well situated on a private 0.5 acre cul de sac lot in the award winning community of Hallsley. Features include 10' ceilings on the first floor, two story foyer, lots of detailed molding, and an amazing kitchen with large island, quartz countertops and stainless steel appliances. The kitchen opens up to the living room with a marble surround fireplace and coffered ceiling. Also on the first floor is an office, dining room, and additional bedroom and full bath. The second floor features a luxurious master suite with 2 walk-in closets and a beautiful master bath. There are four more spacious bedrooms on the second floor, two of which have their own full bath. The basement features a large rec room with 7.1 surround sound, conditioned storage, another bedroom with full bath, and walk-out access to a covered patio complete w/ firepit. Other features include a screened deck, additional detached 2 car garage on its own electrical service, woods in the rear, whole house generator, and so much more.

Last Agent to Sell the Property

Edward Blakiston

Hometown Realty License #0225221409 Listed on: 01/03/2019

Hometown Realty

Last Buyer's Agent

Maryann Nettesheim

Liz Moore & Associates License #0225192818

Liz Moore & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,009

Year Built

  • Built in 2017

Lot Details

  • 0.52 Acre Lot
  • Street terminates at a dead end
  • Zoning described as R15

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Frame Construction
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 5,434 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ventless Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Separate Formal Living Room
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Kitchen Island
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • 6 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 708-69-69-41-400-000

Community Details

Overview

  • Hallsley Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,009

Year Built

Built in 2017

Lot Details

0

HOA Fees

$105 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Property Attached Yn: No
  • Lot Size Acres: 0.5181
  • Ownership: Corporate
  • Subdivision Name: Hallsley
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 556.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Full
  • Appliances: Double Oven, Gas Cooking, Disposal, Microwave, Range Hood, Trash Compactor, Tankless Water Heater
  • Other Equipment: Generator
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1360.0
  • Fireplace Features: Ventless, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Butler's Pantry, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, Kitchen Island, Solid Surface Counters
  • Living Area: 5434.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Dead End
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Drywall, Frame, HardiPlank Type
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Deck, Patio, Screened
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Driveway, Detached, Garage, Paved

Utilities

  • Heating: Electric, Forced Air, Propane, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Pool, Home Owners Association, Lake, Playground, Pond, Pool, Trails/Paths
  • Amenities: Landscaping
  • Association Fee: 315.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 708-69-69-41-400-000
  • Zoning Description: R15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7009.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Jun 26, 2019
Sold by
Discount Tire Of Virginia Inc
Bought by
Rice James L and Rice Carrie L
Seller's Agent
Edward Blakiston
Hometown Realty
Buyer's Agent
Maryann Nettesheim
Liz Moore & Associates
List Price
$970,000
Sold Price
$850,000
Premium/Discount to List
-$120,000
-12.37%
Current Estimated Value
$1,323,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,531
Avg. Annual Appreciation
7.34%
Original Mortgage
$680,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2018
Sold by
Sprenger Jeremy C and Sprenger Lori J
Bought by
Discount Tire Of Virginia Inc

Purchase Details

Closed on
Mar 28, 2017
Sold by
Ray A Williams Construction Co
Bought by
Sprenger Jeremy C and Sprenger Lori J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,432
Interest Rate
4.23%
Mortgage Type
Commercial
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
Rice James L $850,000 Attorney
Discount Tire Of Virginia Inc $90,000 North American Title
Sprenger Jeremy C $758,040 Atlantic Coast Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice James L $680,000
Previous Owner Sprenger Jeremy C $606,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $850,000 -5.5% $156 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
03/25/2019 03/25/19 Price Changed $899,000 -7.3% $165 / Sq Ft
01/03/2019 01/03/19 For Sale $970,000 -- $179 / 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 $9,650 $1,081,500 $182,400 $899,100
2024 $9,650 $1,056,100 $182,400 $873,700
2023 $8,441 $927,600 $173,300 $754,300
2022 $8,316 $903,900 $159,600 $744,300
2021 $7,937 $832,800 $153,900 $678,900
2020 $7,496 $789,100 $148,200 $640,900
2019 $7,159 $753,600 $148,200 $605,400
2018 $4,235 $737,800 $149,500 $588,300
2017 $1,435 $716,400 $149,500 $566,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1841328

Central Virginia Regional MLS

APN: 708-69-69-41-400-000