NOT LISTED FOR SALE

2425 Silver Lake Terrace Unit 2425 Midlothian, VA 23112

Brandermill Neighborhood

Estimated Value: $360,000 - $373,000

3 Beds
2.5 Baths
1,823 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $238,000 $131 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,493/month

7 Days on Market

Highlights

  • Deck
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Midlothian High School Rated A
  • Wood Flooring
  • Loft

About This Home

As of April 2016

Nicely designed transitional 3 bedroom town home in amenity rich Watermill, offering first floor master suite and wonderful location feeding into the Midlothian High School district and nearby the newest shopping and restaurants! This home offers wonderful open, transitional floor plan, updated kitchen with darker grey corian stone counters, decorative tile back splash, sleek-black appliances including brand new microwave, bar area for extra seating, separate dining area that can be used as a formal dining area or extension of the kitchen, beautiful first floor master with newly renovated truly luxury master bath with latest trends in granite counters, decorative tile for flooring and large over sized shower, and extra built cabinet grade vanity for storage, large walk in closet with new, adjustable shelving, new hardwood floors for master suite, hardwood floors throughout entire first floor, newer double walled garage door for great efficiency, custom cabinets built in garage for extra storage, second floor offering two spacious bedrooms, and large loft area for recreation space, bedrooms with fan/lights, large walk in attic off loft area, and front porch and deck!

Last Listed By

Heather Egan

Long & Foster REALTORS License #0225080588 Listed on: 02/17/2016

Long & Foster REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 2007

Lot Details

  • 4,400 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $195 Monthly HOA Fees

Parking

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

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,823 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Insulated Doors
  • Loft
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Deck
  • Exterior Lighting
  • Front Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 007
  • Assessor Parcel Number 721-688-86-68-00000

Community Details

Overview

  • Watermill Subdivision
  • Maintained Community

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,038

Year Built

Built in 2007

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2007
  • Lot Size Acres: 0.101
  • Ownership: Individuals
  • Subdivision Name: Watermill
  • 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: Townhouse
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Oven, Range, Smooth Cooktop, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Fireplace, Granite Counters, High Ceilings, Loft, Bath in Primary Bedroom, Main Level Primary, Pantry, Walk-In Closet(s)
  • Living Area: 1823.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None, Community
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame, Concrete, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Lighting, Porch, Paved Driveway
  • Patio And Porch Features: Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, 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: Common Grounds/Area, Home Owners Association, Maintained Community, Playground, Pool, Tennis Court(s)
  • Amenities: Landscaping, Management
  • Association Fee: 195.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 721-688-86-68-00000
  • Zoning Description: R9 - ONE FAMILY RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2038.08
  • Tax Lot: 007

MLS Schools

  • Elementary School: Swift Creek
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Arora Kawal
Bought by
Narinder And Kawal Arora Family Trust
Total Days on Market
7
Current Estimated Value
$368,639

Purchase Details

Closed on
Feb 28, 2023
Sold by
Arora Narinder
Bought by
Narinder And Kawal Arora Family Trust

Purchase Details

Closed on
Feb 21, 2023
Sold by
Lewandowski Eric
Bought by
Arora Narinder and Arora Kawal

Purchase Details

Listed on
Feb 17, 2016
Closed on
Apr 6, 2016
Sold by
Gilligan Karin Michelle
Bought by
Lewandowski Eric
Seller's Agent
Heather Egan
Long & Foster REALTORS
Buyer's Agent
Rick Cox
The Rick Cox Realty Group
List Price
$239,000
Sold Price
$238,000
Premium/Discount to List
-$1,000
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$214,200
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2007
Sold by
Centex Homes
Bought by
Gilligan Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,738
Interest Rate
6.17%
Mortgage Type
New Conventional

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
Narinder And Kawal Arora Family Trust -- None Listed On Document
Narinder And Kawal Arora Family Trust -- --
Arora Narinder $319,000 --
Lewandowski Eric $238,000 Attorney
Gilligan Karin $245,265 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewandowski Eric $214,200
Previous Owner Gilligan Karin Michelle $196,250
Previous Owner Gilligan Karin Michelle $196,625
Previous Owner Gilligan Karin Michelle $205,000
Previous Owner Gilligan Karin $220,738
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $238,000 -0.4% $131 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $239,000 -- $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
2024 $2,933 $325,100 $67,000 $258,100
2023 $2,803 $308,000 $62,000 $246,000
2022 $2,805 $304,900 $59,000 $245,900
2021 $2,448 $256,900 $57,000 $199,900
2020 $2,331 $245,400 $57,000 $188,400
2019 $2,327 $244,900 $57,000 $187,900
2018 $2,208 $232,400 $56,000 $176,400
2017 $2,150 $224,000 $54,000 $170,000
2016 $2,125 $221,400 $54,000 $167,400
2015 $2,038 $212,300 $48,000 $164,300
2014 $1,993 $207,600 $46,000 $161,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1604391

Central Virginia Regional MLS

APN: 721-68-88-66-800-000