NOT LISTED FOR SALE

1718 Stonemill Lake Terrace Unit 1718 Midlothian, VA 23112

Estimated Value: $344,555 - $374,000

3 Beds
2.5 Baths
1,747 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $219,500 $126 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,320/month

7 Days on Market

Highlights

  • Lake Front
  • Outdoor Pool
  • Clubhouse
  • Midlothian High School Rated A
  • Community Lake
  • Rowhouse Architecture

About This Home

As of June 2017

Do not miss this opportunity to own in Watermill Villas, a well manicured lake-front community. There is a lot to love about this immaculate home. The entire first floor has hardwood flooring in incredible condition. The kitchen has a pantry, plenty of cabinet and counter space, and opens up to an eat-in breakfast nook. The living area has high ceilings with large windows that fill the whole first floor with natural light, as well as a gas fireplace for cozy nights. The Master Bedroom features an attached master bath with jetted tub, dual vanities, walk-in closet and separate shower. There is also a paved drive way and an attached garage to store your vehicle and outdoor belongings. In addition to community maintenance, Watermill provides access to a pool, club house and tennis courts, just in time for the Summer!

Last Agent to Sell the Property

Carrie Parker

First Choice Realty License #0225216550 Listed on: 05/04/2017

First Choice Realty

Last Buyer's Agent

Caitlin Yeatman

Long & Foster REALTORS License #0225215439

Long & Foster REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 2005

Lot Details

  • 3,136 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Partially Fenced Property
  • Vinyl Fence

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Rowhouse Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,747 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Loft
  • Water Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Electric Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Outdoor Pool
  • Walking Distance to Water
  • Patio
  • Rear Porch

Schools

  • Evergreen Elementary School
  • Tomahawk Creek Middle School
  • Midlothian High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 720-69-39-97-100-000

Community Details

Overview

  • Watermill Villas Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,046

Year Built

Built in 2005

Lot Details

0

HOA Fees

$198 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2005
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.072
  • Ownership: Individuals
  • Subdivision Name: Watermill Villas
  • Architectural Style: Row House
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Vinyl, Wood
  • Appliances: Dryer, Dishwasher, Electric Cooking, Disposal, Oven, Refrigerator, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Double Vanity, Fireplace, High Ceilings, Jetted Tub, Loft, Bath in Primary Bedroom, Pantry, Solid Surface Counters, Walk-In Closet(s)
  • Living Area: 1747.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Fenced, Partial, Vinyl
  • Lot Features: Cul-De-Sac
  • Pool Features: Pool, Community
  • View: Water
  • View: Yes
  • Waterfront Features: Lake, Walk to Water
  • Waterfront: No
  • Construction Type: Block, Drywall, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Home Owners Association, Lake, Pond, Pool, Tennis Court(s), Trails/Paths
  • Amenities: Landscaping, Management
  • Association Fee: 198.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Snow Removal, Trash

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 720-69-39-97-100-000
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2046.0
  • Tax Lot: 20

MLS Schools

  • Elementary School: Evergreen
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2017
Closed on
Jun 25, 2017
Sold by
Dunn Michael L
Bought by
Bhardwaj Himanshu and Bhardwaj Victoria C
Seller's Agent
Carrie Parker
First Choice Realty
Buyer's Agent
Caitlin Yeatman
Long & Foster REALTORS
List Price
$222,500
Sold Price
$219,500
Premium/Discount to List
-$3,000
-1.35%
Current Estimated Value
$360,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,918
Avg. Annual Appreciation
5.96%
Original Mortgage
$208,525
Outstanding Balance
$173,534
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$184,855

Purchase Details

Listed on
May 3, 2016
Closed on
Jul 18, 2016
Sold by
Singh Jai Karan
Bought by
Dunn Michael Lee
Seller's Agent
Ashok Bhagi
Ikon Realty Inc
Buyer's Agent
Carrie Parker
First Choice Realty
List Price
$214,900
Sold Price
$211,000
Premium/Discount to List
-$3,900
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.24%
Original Mortgage
$146,711
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 27, 2005
Sold by
Centex Homes
Bought by
Singh Jai Karan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,200
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bhardwaj Himanshu $219,500 Atlantic Coast Stlmnt Svcs
Dunn Michael Lee $212,950 Dominion Capital Title Llc
Singh Jai Karan $231,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhardwaj Himanshu $208,525
Previous Owner Dunn Michael Lee $146,711
Previous Owner Singh Jai Karan $185,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2017 06/30/17 Sold $219,500 -1.3% $126 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $222,500 +5.5% $127 / Sq Ft
07/20/2016 07/20/16 Sold $211,000 -1.8% $121 / Sq Ft View Prior Sale
05/16/2016 05/16/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $214,900 -- $123 / 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 $2,710 $303,700 $65,000 $238,700
2024 $2,710 $299,500 $65,000 $234,500
2023 $2,613 $287,100 $60,000 $227,100
2022 $2,672 $290,400 $57,000 $233,400
2021 $2,333 $244,800 $55,000 $189,800
2020 $2,229 $233,800 $55,000 $178,800
2019 $2,215 $233,200 $55,000 $178,200
2018 $2,082 $221,300 $54,000 $167,300
2017 $2,054 $213,200 $52,000 $161,200
2016 $2,005 $208,900 $52,000 $156,900
2015 $1,955 $203,600 $52,000 $151,600
2014 $1,955 $203,600 $52,000 $151,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1716656

Central Virginia Regional MLS

APN: 720-69-39-97-100-000