NOT LISTED FOR SALE

2425 Silver Lake Terrace Midlothian, VA 23112

Estimated Value: $370,000 - $392,000

3 Beds
2.5 Baths
1,823 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $319,000 $175 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,536/month

26 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Cathedral Ceiling
  • Midlothian High School Rated A
  • Transitional Architecture
  • Wood Flooring

About This Home

As of February 2023

Come fall in love with this 3 bedroom, 1st floor primary townhome in the SUPER convenient location of Silver Lake @ Watermill. You will enjoy the ease of living so close to Midlothian High School, the Swift Creek Reservoir, local shops & restaurants. The 2nd story foyer leads you into an open Kitchen with bar-height seating, sun-light eat in area & a large Family room with hardwoods & gas fireplace. The Primary has hardwoods, an updated bathroom & large WIC. Upstairs there is super functional flex-space for guest, home office, gym, or kids gaming room. There are 2 additional bedrooms & full bath, plus a HUGE walk-in storage area! Outside, you have the beauty of backing up to private & protected woodlands, which makes for relaxing on your deck a perfect place for morning coffees or evening dinners with friends & family. Ample parking with a double width driveway & 2 car garage! This community has such amazing amenities: Tennis Courts, Clubhouse, Play Areas & Swimming Pool. There are so many things to love in this maintenance free section, so lets get you moved before Spring!

Last Agent to Sell the Property

Gayle Peace

Liz Moore & Associates Brokerage Email: lizmoore@lizmoore.com License #0225223061 Listed on: 01/12/2023

Liz Moore & Associates

Last Buyer's Agent

Bryan Duncan

Central Virginia Realty Inc License #0225246634

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 2007

Lot Details

  • 4,400 Sq Ft Lot
  • Street terminates at a dead end
  • Sprinkler System

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Dry Walled Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,823 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Bay Window
  • Dining Area
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 721-68-88-66-800-000

Community Details

Overview

  • Watermill Subdivision
  • Maintained Community

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool
  • Tennis Courts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,805

Year Built

Built in 2007

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2007
  • Property Attached Yn: Yes
  • Attribution Contact: lizmoore@lizmoore.com
  • 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: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Oven, Range, Smooth Cooktop
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Bay Window, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Eat-in Kitchen, Fireplace, High Ceilings, Main Level Primary, Solid Surface Counters, Cable TV, Walk-In Closet(s)
  • Living Area: 1823.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Lot Features: Dead End
  • Pool Features: In Ground, Pool, Community
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Tennis Court(s)
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Direct Access, Finished Garage, Garage Door Opener, Oversized

Utilities

  • Heating: Electric, Forced Air, Heat Pump, 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, Curbs, Gutter(s), Sidewalks
  • Amenities: Landscaping
  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 721-68-88-66-800-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2805.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: Swift Creek
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Apr 21, 2023
Sold by
Arora Kawal
Bought by
Narinder And Kawal Arora Family Trust
Seller's Agent
Gayle Peace
Liz Moore & Associates
Buyer's Agent
Bryan Duncan
Central Virginia Realty Inc
List Price
$345,000
Sold Price
$319,000
Premium/Discount to List
-$26,000
-7.54%
Views
98
Current Estimated Value
$379,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,256
Avg. Annual Appreciation
6.94%

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 28, 2023
Sold by
Arora Narinder
Bought by
Narinder And Kawal Arora Family Trust
Seller's Agent
Gayle Peace
Liz Moore & Associates
Buyer's Agent
Bryan Duncan
Central Virginia Realty Inc
List Price
$345,000
Sold Price
$319,000
Premium/Discount to List
-$26,000
-7.54%
Views
98

Purchase Details

Listed on
Jan 12, 2023
Closed on
Feb 21, 2023
Sold by
Lewandowski Eric
Bought by
Arora Narinder and Arora Kawal
Seller's Agent
Gayle Peace
Liz Moore & Associates
Buyer's Agent
Bryan Duncan
Central Virginia Realty Inc
List Price
$345,000
Sold Price
$319,000
Premium/Discount to List
-$26,000
-7.54%
Views
98

Purchase Details

Closed on
Apr 6, 2016
Sold by
Gilligan Karin Michelle
Bought by
Lewandowski Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
Source: Public Records

Range of Values:

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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 $220,738
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $319,000 -7.5% $175 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $345,000 0.0% $189 / Sq Ft
01/27/2023 01/27/23 Pending -- -- --
01/12/2023 01/12/23 For Sale $345,000 -- $189 / 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 $2,978 $333,800 $67,000 $266,800
2024 $2,978 $325,100 $67,000 $258,100
2023 $2,803 $308,000 $62,000 $246,000
2022 $2,810 $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

  • Gayle Peace

    Seller's Agent in 2023

    Gayle Peace

    Liz Moore & Associates

    (804) 986-1228

    36 in this area

    203 Total Sales

    Gayle Peace
    Section Image

  • B

    Buyer's Agent in 2023

    Bryan Duncan

    Central Virginia Realty Inc

    (804) 627-1073

    3 in this area

    36 Total Sales

    Bryan Duncan
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2300540

Central Virginia Regional MLS

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

Virginia Chesterfield County Midlothian 23112

2425 Silver Lake Terrace, Midlothian, VA

This home is located at 2425 Silver Lake Terrace, Midlothian, VA 23112 since 12 January 2023 and is currently estimated at $379,256, approximately $208 per square foot. This property was built in 2007. 2425 Silver Lake Terrace is a home located in Chesterfield County with nearby schools including Swift Creek Elementary School, Tomahawk Creek Middle School, and Midlothian 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.

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