NOT LISTED FOR SALE

16400 Binley Rd Midlothian, VA 23112

Estimated Value: $992,000 - $1,110,000

4 Beds
3.5 Baths
3,665 Sq Ft
$283/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $586,600 $160 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,223/month

99 Days on Market

Highlights

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

About This Home

As of May 2016

Welcome to Hallsley, Midlothian’s distinctively unique community where no two homes are alike! Biringer Builders (Builder of the Year!) presents another Award Winning Floorplan, The Magnolia! Similar to the Parade of Homes “PERFECT SCORE” Magnolia Model Home, featuring 4 Bedrooms, 3.5 baths, A “Hidden Sleek Pocket Bar”, Fabulous Kitchen, Oversized Pantry and Laundry and So Much More! The Craftsmanship and Attention to Detail will be Hard to Find Anywhere Else! Explore a Custom Home Experience by Choosing from a Portfolio of Luxury Home Options or Create Your Own. Photos and details are examples our Massey Model Home. We have other plans and homesites available! If you have never stepped foot in a Biringer Model Home, Come Visit our Award Winning Furnished “Magnolia” in Hallsley! Open Weekends for the Parade of Homes Thru October 24th! 16506 Massey Hope Street, Midlothian, VA 23112

Last Agent to Sell the Property

Erin Hungerford

Long & Foster REALTORS License #0225104961 Listed on: 10/05/2015

Long & Foster REALTORS

Last Buyer's Agent

Erin Hungerford

Long & Foster REALTORS License #0225104961 Listed on: 10/05/2015

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,917

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Custom Home
  • Craftsman Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type
  • Stone

Interior Spaces

  • 3,665 Sq Ft Home
  • 3-Story Property
  • Wired For Data
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • French Doors
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom Rough-In
  • Double Vanity

Outdoor Features

  • Outdoor Pool
  • Deck
  • Exterior Lighting
  • Rear Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Assessor Parcel Number not yet recorded

Community Details

Overview

  • Hallsley Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,917

Year Built

Built in 2015 | 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: 2015
  • Property Attached Yn: No
  • Ownership: Corporate
  • Subdivision Name: Hallsley
  • Architectural Style: Craftsman, Custom, Two Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Tile, Wood
  • Appliances: Propane Water Heater, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Fireplace Features: Gas, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Butler's Pantry, Bathroom Rough-In, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Recessed Lighting, Wired for Data
  • Living Area: 3665.0
  • Stories: 3
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: Community, Pool
  • Construction Type: Brick, Block, Drywall, HardiPlank Type, Stone
  • Exterior Features: Sprinkler/Irrigation, Lighting, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: New Construction, Under Construction

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: not yet recorded
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
May 5, 2016
Sold by
Biringer Builders Inc A Virginia Corpora
Bought by
Welker John G and Welker Eilise
Seller's Agent
Erin Hungerford
Long & Foster REALTORS
Buyer's Agent
Erin Hungerford
Long & Foster REALTORS
List Price
$575,000
Sold Price
$586,600
Premium/Discount to List
$11,600
2.02%
Total Days on Market
99
Current Estimated Value
$1,037,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,100
Avg. Annual Appreciation
6.30%
Original Mortgage
$417,001
Outstanding Balance
$333,000
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$704,700

Purchase Details

Closed on
Jul 13, 2015
Sold by
East West Hallsley Llc
Bought by
Biringer Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.88%
Mortgage Type
New Conventional
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
Welker John G $586,600 Attorney
Biringer Builders Inc $332,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welker John G $417,001
Previous Owner Biringer Builders Inc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $586,600 +2.0% $160 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $575,000 -- $157 / 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 $7,917 $886,700 $160,000 $726,700
2024 $7,917 $860,600 $155,000 $705,600
2023 $7,093 $779,400 $147,000 $632,400
2022 $7,021 $763,200 $135,000 $628,200
2021 $6,435 $674,700 $130,000 $544,700
2020 $6,362 $669,700 $125,000 $544,700
2019 $5,784 $608,800 $120,000 $488,800
2018 $5,651 $594,800 $115,000 $479,800
2017 $5,543 $577,400 $115,000 $462,400
2016 $1,536 $160,000 $110,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1527844

Central Virginia Regional MLS

APN: 710-69-73-21-800-000