1705 New Settlement Dr Henrico, VA 23231
Varina Neighborhood
3
Beds
2
Baths
1,688
Sq Ft
2022
Built
Highlights
- Fitness Center
- Under Construction
- Craftsman Architecture
- Indoor Pool
- Senior Community
- Clubhouse
About This Home
As of May 2023Welcome to the newest section of Settler's Ridge, Eastern Henrico's exclusive 55+ community. Here you will find an established community that is welcoming the newest section of homes built by Eagle Construction. Enjoy one-level living in our brand new plan--The Magnolia! And since will you be living in a low maintenance community where all of your yard work is taken care of, you'll have plenty of time to enjoy the indoor pool, exercise room and neighborhood activities in the clubhouse. You might also spend your days walking or biking on the nearby Capital Trail. And you will be close enough to enjoy dinner in the city, or at a close by marina. Dorey Park hosts farmers markets on the weekends and boasts walking trails and fishing. Come explore life in the Eastern End of Henrico, Richmond's best kept secret!
Last Agent to Sell the Property
Brian Busbee
Eagle Realty of Virginia License #0225233406 Listed on: 06/07/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,519
Year Built
- Built in 2022 | Under Construction
HOA Fees
- $241 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Dry Walled Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Home to be built
- Craftsman Architecture
- Patio Home
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,688 Sq Ft Home
- 1-Story Property
- Wired For Data
- High Ceiling
- Recessed Lighting
- Sliding Doors
- Dining Area
- Fire and Smoke Detector
- Washer and Dryer Hookup
Kitchen
- Induction Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Partially Carpeted
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
- Double Vanity
Pool
- Indoor Pool
- Outdoor Pool
Outdoor Features
- Exterior Lighting
- Rear Porch
Schools
- Varina Elementary School
- Rolfe Middle School
- Varina High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- ENERGY STAR Qualified Appliances
- Sprinkler System
Listing and Financial Details
- Tax Lot 52
Community Details
Overview
- Senior Community
- Settlers Ridge Subdivision
Amenities
- Clubhouse
Recreation
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2022
Closed on
May 8, 2023
Sold by
Eagle Construction Of Va Llc
Bought by
Smith Walter L and Smith Theresa W
Seller's Agent
Brian Busbee
Eagle Realty of Virginia
Buyer's Agent
Stokes McCune
Hometown Realty
List Price
$406,900
Sold Price
$420,034
Premium/Discount to List
$13,134
3.23%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,363
Avg. Annual Appreciation
3.27%
Original Mortgage
$373,306
Outstanding Balance
$364,391
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$86,577
Similar Homes in Henrico, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $420,034 | Old Republic National Title In |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $373,306 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2023 05/15/23 | Sold | $420,034 | +3.2% | $249 / Sq Ft |
| 06/07/2022 06/07/22 | Pending | -- | -- | -- |
| 06/07/2022 06/07/22 | For Sale | $406,900 | -- | $241 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $3,519 | $398,700 | $73,000 | $325,700 |
| 2024 | $3,519 | $379,900 | $70,000 | $309,900 |
| 2023 | $1,615 | $70,000 | $70,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2023
Brian Busbee
Eagle Realty of Virginia
-
S
Buyer's Agent in 2023
Stokes McCune
Hometown Realty
(804) 752-7585
49 in this area
161 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2215802
APN: 805-692-4945
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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