NOT LISTED FOR SALE

2221 Magnolia Grove Way Midlothian, VA 23113

Bon Air Neighborhood

Estimated Value: $443,000 - $456,554

3 Beds
2 Baths
2,187 Sq Ft
$385/mo HOA Fee

Last Sold August 25, 2023

Last sale price $417,000 $191 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,072/month

2 Days on Market

Highlights

  • Active Adult
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • 7.97 Acre Lot
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2023

Welcome to this beautiful hard-to find larger end unit w/ 2 car garage located at the Pointe At Belgrade. This 55 and over community is conveniently located right where Bon Air becomes Midlothian and within walking distance to the Shops at Bellgrade featuring a grocery store, shops, restaurants, gas station and many other conveniences. Enter this well appointed home and appreciate the thoughtful layout that emphasizes first floor living. The first level primary suite provides a large walk in closet and luxury bath, while the remaining bedrooms and loft are located on the second floor, offering additional space for guests or hobbies. The formal LR and DR allow for entertaining/special occasions. Separated by a double sided gas fireplace, the cozy sunroom provides a comfortable space to relax and enjoy the quiet surroundings. No need to get rid of ALL of your "stuff" when you downsize as there is plenty of storage in the walk in attic space as well as large closets throughout! Don't miss this opportunity to own this larger, hard to find unit in The Pointe at Bellgrade. This home provides the perfect combination of comfort and convenience, HURRY!

Last Agent to Sell the Property

Meg Traynham

Providence Hill Real Estate Brokerage Phone: (804) 356-9045 License #0225144580 Listed on: 07/28/2023

Last Buyer's Agent

Jason Jackson

NextHome Advantage License #0225221874

NextHome Advantage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,039

Year Built

  • Built in 2003

Lot Details

  • 7.97

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,187 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Separate Formal Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Accessible Home Design

  • Grab Bars
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessibility Features

Outdoor Features

  • Patio

Schools

  • Bon Air Elementary School
  • Robious Middle School
  • James River High School

Utilities

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

Community Details

  • Active Adult
  • The Pointe At Bellgrade Subdivision

Listing and Financial Details

  • Assessor Parcel Number 740-71-54-03-800-030

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,039

Year Built

Built in 2003

Lot Details

0

HOA Fees

$385 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2003
  • Property Attached Yn: Yes
  • Attribution Contact: (804) 356-9045
  • Lot Size Acres: 7.967
  • Ownership: Other
  • Subdivision Name: The Pointe At Bellgrade
  • Architectural Style: Two Story, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Range
  • Accessibility Features: Accessibility Features, Accessible Bedroom, Grab Bars, Accessible Kitchen
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, Granite Counters, High Ceilings, Jetted Tub, Bath in Primary Bedroom, Main Level Primary
  • Living Area: 2187.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, 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: Curbs, Gutter(s)
  • Senior Community: Yes
  • Association Fee: 385.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash

Schools

  • Middle Or Junior School: Robious

Lot Info

  • Parcel Number: 740-71-54-03-800-030
  • Zoning Description: RMF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3039.0

MLS Schools

  • Elementary School: Bon Air
  • High School: James River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 24, 2023
Sold by
Barbara H Fraley Living Trust
Bought by
Benson Linda Lou
Seller's Agent
Meg Traynham
Providence Hill Real Estate
Buyer's Agent
Jason Jackson
NextHome Advantage
List Price
$415,000
Sold Price
$417,000
Premium/Discount to List
$2,000
0.48%
Views
41
Current Estimated Value
$450,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,889
Avg. Annual Appreciation
3.50%
Original Mortgage
$312,750
Outstanding Balance
$306,997
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$140,962

Purchase Details

Closed on
Apr 27, 2007
Sold by
Fox Ralph
Bought by
Fraley Barbara
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
Benson Linda Lou $417,000 Old Republic National Title In
Fraley Barbara $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson Linda Lou $312,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $417,000 +0.5% $191 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $415,000 -- $190 / 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 $3,667 $411,200 $85,000 $326,200
2024 $3,667 $394,400 $80,000 $314,400
2023 $3,356 $368,800 $67,000 $301,800
2022 $3,039 $330,300 $57,000 $273,300
2021 $3,039 $319,100 $56,000 $263,100
2020 $3,031 $319,100 $56,000 $263,100
2019 $2,921 $307,500 $54,000 $253,500
2018 $2,820 $296,800 $53,000 $243,800
2017 $2,745 $285,900 $51,000 $234,900
2016 $2,701 $281,400 $51,000 $230,400
2015 $2,620 $272,900 $51,000 $221,900
2014 $2,492 $259,600 $50,000 $209,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2317334

Central Virginia Regional MLS

APN: 740-71-54-03-800-030