NOT LISTED FOR SALE

Estimated Value: $798,000 - $860,000

5 Beds
4 Baths
3,533 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $581,400 $165 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,230/month

53 Days on Market

Highlights

  • Under Construction
  • Custom Home
  • Wood Flooring
  • Cosby High School Rated A
  • Deck
  • Main Floor Bedroom

About This Home

As of July 2020

Don't miss your opportunity to own a custom home built by one of Richmond's top custom builders, Biringer Builders. This custom home is located near the swift creek reservoir, in Summer Lake, a planned community with resort style amenities and top ranked schools. No detail has been spared in this custom home. It's complete with 5 bedrooms, 4 full baths, guest suite (with full bath) located on the first floor, a designer kitchen with larger island overlooking the family room, an unfinished 3rd floor, and a 2 car garage. This home is new construction and will be ready the 3rd week of May.

Last Agent to Sell the Property

Kelly Dunn

Open Gate Realty Group License #0225236031 Listed on: 04/09/2020

Last Buyer's Agent

Alicia Soekawa

Fiv Realty Co License #0225272150

Fiv Realty Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.33 Acre Lot
  • Zoning described as R12

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,533 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Grange Hall Elementary School
  • Tomahawk Creek Middle School
  • Cosby High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 708-68-43-21-000-000

Community Details

Overview

  • Summer Lake Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$102 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Property Attached Yn: No
  • Lot Size Acres: 0.3308
  • Ownership: Partnership
  • Subdivision Name: Summer Lake
  • Architectural Style: Custom, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 3533.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: New Construction, Under Construction

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association, Pool
  • Association Fee: 305.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 708-68-43-21-000-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 808.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: Grange Hall
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jul 8, 2020
Sold by
Biringer Builders Inc
Bought by
Short Zachary R and Short Jennifer L
Seller's Agent
Kelly Dunn
Open Gate Realty Group
Buyer's Agent
Alicia Soekawa
Fiv Realty Co
List Price
$579,900
Sold Price
$581,400
Premium/Discount to List
$1,500
0.26%
Current Estimated Value
$825,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,535
Avg. Annual Appreciation
7.00%
Original Mortgage
$532,500
Outstanding Balance
$475,332
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$341,326

Purchase Details

Closed on
Jul 20, 2018
Sold by
Base Camp Development Co
Bought by
Biringer Builders Inc
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
Short Zachary R $581,400 Attorney
Biringer Builders Inc $93,100 Atlantic Coast Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short Zachary R $532,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $581,400 +0.3% $165 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $579,900 -- $164 / 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 $6,636 $742,800 $115,000 $627,800
2024 $6,636 $725,800 $105,000 $620,800
2023 $5,991 $658,400 $100,000 $558,400
2022 $5,699 $619,500 $94,000 $525,500
2021 $5,328 $558,200 $89,000 $469,200
2020 $827 $87,000 $87,000 $0
2019 $808 $85,000 $85,000 $0
2018 $812 $85,000 $85,000 $0
2017 $816 $85,000 $85,000 $0
2016 $787 $82,000 $82,000 $0
2015 $778 $81,000 $81,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2011053

Central Virginia Regional MLS

APN: 708-68-43-21-000-000