NOT LISTED FOR SALE

2240 Magnolia Grove Way Midlothian, VA 23113

Bon Air Neighborhood

Estimated Value: $410,000 - $435,000

3 Beds
2 Baths
1,942 Sq Ft
7.97 Acres

Last Sold June 12, 2014

Last sale price $235,000 $121 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,536/month

Highlights

  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • James River High School Rated A-

About This Home

As of June 2014

The Pointe @ Bellgrade! A rare opportunity to own this Age Restricted, much sought after 3 bedrooms, 2 1/2 bath condo with stunning views! The Master Suite is positioned on the first level along with an open 2 story formal Living/Dining space along with an eat in kitchen, utility room & one car garage. Off of the living room is a brick patio with waterviews that are magnificent! The second level boasts 2 additional bedrooms, a loft - great use of space for an office and a full bathroom. Easy to Walk to The Shoppes@ Bellgrade!! Over 55+ Community

Last Agent to Sell the Property

Dawn Bradley

Long & Foster REALTORS License #0225063732 Listed on: 10/22/2013

Long & Foster REALTORS

Last Buyer's Agent

Barbara Little

Long & Foster REALTORS License #0225134867

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,380

Year Built

  • 2002

Lot Details

  • 7.97

Home Design

  • Composition Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 740-715-40-38-00019

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,380

Year Built

2002

Lot Details

0

Listing Details

  • Restrictions: Age-Restricted Community, Architec Des, Assoc Restrictions
  • Structure: Frame
  • Price Per Finished Sq Ft: 121.01
  • Finished Sq Ft: 1942
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Electric Cooking, Ice Maker, Microwave, Refrigerator, Smoke Alarm, Stove, Washer
  • Flooring: Carpet-Part, Tile, Vinyl
  • Interior: 1st Floor Bedrm W/ Full Bath, Bay/Bow Window, Breakfast Nook, Cathedral Ceiling, Ceiling Fan, Eat-In-Kitchen, Fireplace, Loft, Walk-In Closet
  • Number of Rooms: 5
  • Fireplace: Gas
  • Total Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Slab
  • Attic: Access Panel
  • Number Of Levels: 2.00

Exterior Features

  • Porch: Front, Rear
  • Exterior: Irrigation System, Outdoor Lighting
  • Roof: Composition
  • Siding: Vinyl
  • Wall Type: Drywall
  • Water Type: Pond

Garage/Parking

  • Garage Type: Attached, Auto Door Opener
  • Number Of Cars: 1

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air, Hot Water, Hot Water Coil
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Association/Amenities

  • Amenities: Association, Landscaping, Maintenance Free, Professional Management, Water View

Fee Information

  • Fee: 280.00
  • Fee Period: Monthly

Schools

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

Lot Info

  • Zoning: RMF - RES MULTIFAMILY
  • Lot: 000
  • Parcel Number: 740-715-40-38-00019

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2024
Sold by
Ivey Daniel K and Ivey Dorothy C
Bought by
Ballard Family Trust and Ballard
Current Estimated Value
$426,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Outstanding Balance
$348,573
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$92,808
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ballard Family Trust $440,000 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballard Family Trust $352,000
Previous Owner Ivey Daniel K $101,600
Previous Owner Ivey Daniel K $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2014 06/12/14 Sold $235,000 -7.8% $121 / Sq Ft
04/20/2014 04/20/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $255,000 -- $131 / 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 $3,380 $378,900 $83,000 $295,900
2024 $3,380 $354,300 $78,000 $276,300
2023 $3,005 $330,200 $65,000 $265,200
2022 $2,729 $296,600 $55,000 $241,600
2021 $2,754 $289,100 $54,000 $235,100
2020 $2,746 $289,100 $54,000 $235,100
2019 $2,623 $276,100 $52,000 $224,100
2018 $2,556 $269,000 $51,000 $218,000
2017 $2,464 $256,700 $49,000 $207,700
2016 $2,448 $255,000 $49,000 $206,000
2015 $2,355 $245,300 $49,000 $196,300
2014 $2,242 $233,500 $48,000 $185,500
Source: Public Records

Agents Affiliated with this Home

  • Dawn Bradley

    Seller's Agent in 2014

    Dawn Bradley

    Long & Foster

    (804) 822-3220

    Dawn Bradley
    Section Image

  • B

    Buyer's Agent in 2014

    Barbara Little

    Long & Foster

    (804) 350-3695

    1 in this area

    18 Total Sales

    Barbara Little
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1327274

Central Virginia Regional MLS

APN: 740-71-54-03-800-019

Virginia Chesterfield County Midlothian 23113 Bon Air

2240 Magnolia Grove Way, Midlothian, VA

This home is located at 2240 Magnolia Grove Way, Midlothian, VA 23113 since 22 October 2013 and is currently estimated at $426,858, approximately $219 per square foot. This property was built in 2002. 2240 Magnolia Grove Way is a home located in Chesterfield County with nearby schools including Robious Elementary School, Robious Middle School, and James River High School.

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.

Central Virginia Regional MLS 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.

Nearby Homes