$534,000
SOLD JUN 1, 2016
4 Beds
3.5 Baths
3,240 Sq Ft
0.29 Acres

Recently Sold

$165 Per Sq Ft

1% Below List Price

261 Days on Market

Highlights

  • Fitness Center
  • Under Construction
  • Wood Flooring
  • Cosby High School Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of February 2022

Will be finished in February! You will feel like you are living in your vacation home! Southern Traditions beautifully constructed home with 1st floor master, Kitchen open to family and Breakfast room, and 19 X 12 screen porch! Master suite with vaulted ceiling with wood beams, gorgeous bath, and walk-in close with island! Large Family room with high ceilings, interior wall stone fireplace flanked with bookcases. Kitchen has sunny breakfast room, grand island, stainless, granite. Upstairs 3 bedroom and 2 full baths. Also upstairs is a unfinished storage room. Charming craftsman trim thoughout. Located in the Homestead section of Summer Lake. Summer Lake has it all - 24hr.gym, 4 lighted Tennis courts, Soccer field, Full basketball court, Sand Volleyball, playgrounds, walking trails, fishing in the pond, pools, and tons of activities going on right in the community to keep your family busy right at home! Come check out this fun community and this great home!

Last Agent to Sell the Property

Cindy Peter

The Steele Group License #0225060010 Listed on: 07/20/2015

Co-Listed By

Kathleen Peter

The Steele Group License #0225207704

Last Buyer's Agent

Darrell Bowman

BHG Base Camp License #0225112013

BHG Base Camp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 2015 | Under Construction

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Recessed Lighting
  • Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 70868323910000

Community Details

Overview

  • Summer Lake Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,100

Year Built

Built in 2015 | Under Construction

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2015
  • Property Attached Yn: No
  • Co List Office Mls Id: BASE02
  • Co List Office Phone: 804-790-1950
  • Ownership: Other
  • Subdivision Name: Summer Lake
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Carpet, Wood
  • Basement: Crawl Space
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Vented
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Breakfast Area, High Ceilings, Kitchen Island, Main Level Primary, Pantry, Recessed Lighting
  • Living Area: 3240.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Pool Features: Community, None
  • Construction Type: Brick, Frame, Stone, Vinyl Siding
  • Patio And Porch Features: Front Porch, Screened
  • Property Condition: New Construction, Under Construction

Garage/Parking

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

Utilities

  • Heating: Multi-Fuel, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Clubhouse, Fitness, Home Owners Association, Playground, Tennis Court(s), Trails/Paths
  • Association Fee: 1100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 70868323910000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5100.0

MLS Schools

  • Elementary School: Grange Hall
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2022
Closed on
Jan 27, 2022
Sold by
Gregory Balliet Scott and Gregory Mary Robin
Bought by
Demarco Kellen B and Demarco Lauren E
Seller's Agent
Kyle Yeatman
Long & Foster REALTORS
Buyer's Agent
Lauren DeMarco
Bay Properties
List Price
$627,000
Sold Price
$640,000
Premium/Discount to List
$13,000
2.07%
Current Estimated Value
$771,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,712
Avg. Annual Appreciation
5.59%
Original Mortgage
$384,000
Outstanding Balance
$358,602
Interest Rate
3.55%
Estimated Equity
$413,110

Purchase Details

Listed on
Jul 20, 2015
Closed on
Apr 22, 2016
Sold by
Southern Traditions Llc A Virginia Limit
Bought by
Balliet Gregory and Balliet Robin Mary
Seller's Agent
Cindy Peter
The Steele Group
Buyer's Agent
Darrell Bowman
BHG Base Camp
List Price
$539,900
Sold Price
$534,000
Premium/Discount to List
-$5,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%
Original Mortgage
$534,000
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Aug 24, 2015
Sold by
Base Camp Development Co
Bought by
Southern Traditions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
3.94%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $640,000 Old Republic National Title
Warranty Deed $534,000 Attorney
Warranty Deed $92,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 No Value Available
Previous Owner $534,000 VA
Previous Owner $91,000 Unknown
Previous Owner $170,405,000 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $640,000 +2.1% $197 / Sq Ft
01/09/2022 01/09/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $627,000 +17.4% $193 / Sq Ft
06/01/2016 06/01/16 Sold $534,000 -1.1% $165 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
07/20/2015 07/20/15 For Sale $539,900 -- $167 / 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 $6,297 $704,700 $115,000 $589,700
2024 $6,297 $722,600 $105,000 $617,600
2023 $5,775 $634,600 $100,000 $534,600
2022 $5,148 $559,600 $94,000 $465,600
2021 $4,820 $504,700 $89,000 $415,700
2020 $4,704 $492,500 $87,000 $405,500
2019 $4,660 $490,500 $85,000 $405,500
2018 $4,679 $490,500 $85,000 $405,500
2017 $4,648 $479,000 $85,000 $394,000
2016 $3,235 $337,000 $82,000 $255,000
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: 1520702

Central Virginia Regional MLS

APN: 708-68-32-39-100-000