$310,000
SOLD JUL 14, 2016

2607 Water Race Terrace Midlothian, VA 23112

5 Beds
2.5 Baths
2,641 Sq Ft
9,670 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Wood Flooring
  • Midlothian High School Rated A
  • Deck
  • Separate Formal Living Room

About This Home

As of November 2021

This 5 bedroom beauty is PRICED to FLY OFF OF THE SHELF! Love or need hardwood flooring? This exquisite home minimizes the carpet w/hardwood or tile in most rooms. The quaint dining room is perfect for your special celebrations. Family room is spacious & can handle all of your furniture. Kitchen provides lots of counter space & cabinetry for easy food prep. TWO pantries make storing your goods a snap. The morning room is ideal as an office, playroom, or a GRAND breakfast nook--so many possibilities. The hardwoods continue upstairs. Master is spacious & will spoil you w/a custom walk-in closet. You will love the organization & space that the shelving system provides. Master bath has a garden tub for soaking away the day's stress. 2 vanities means no fighting for mirror time. The shower has been upgraded w/an onyx surround. 3 nicely apportioned guest bedrooms have ample closet space. Bonus room can be your 5th bedroom, media space, play or rec room. Backyard is stunning & quite the show place. It is set up for entertaining, playing, & relaxing w/a deck, patio, play-yard, & gorgeous terraced landscaping. Watermill is located near commuter routes, shopping, & a hospital.

Last Agent to Sell the Property

Beth Pretty

KW Metro Center License #0225188176 Listed on: 05/18/2016

KW Metro Center

Last Buyer's Agent

Danielle Kenny

Wind Chime Properties License #0225077641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,717

Year Built

  • Built in 2006

Lot Details

  • 9,670 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Sprinkler System
  • Zoning described as R9

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,641 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Formal Living Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • <<OvenToken>>
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Stoop

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 722-69-00-64-100-000

Community Details

Overview

  • Watermill Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,717

Year Built

Built in 2006

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Property Attached Yn: No
  • Lot Size Acres: 0.222
  • Ownership: Individuals
  • Subdivision Name: Watermill
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Disposal, Microwave, Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Separate/Formal Dining Room, Eat-in Kitchen, Garden Tub/Roman Tub, Pantry, Solid Surface Counters, Walk-In Closet(s)
  • Living Area: 2641.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Privacy
  • Pool Features: In Ground, Pool, Community
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Paved Driveway
  • Patio And Porch Features: Patio, Stoop, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Oversized, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Home Owners Association, Pool, Tennis Court(s)
  • Association Fee: 195.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Pool(s)

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 722-69-00-64-100-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2717.0
  • Tax Lot: 30

MLS Schools

  • Elementary School: Swift Creek
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 27, 2021
Sold by
Wright Lucas and Wright Corbin
Bought by
Holcombe George and Holcombe Steffany
Seller's Agent
Corbin Wright
Wind Chime Properties
Buyer's Agent
Nickole Campbell
BHG Base Camp
List Price
$399,950
Sold Price
$410,000
Premium/Discount to List
$10,050
2.51%
Current Estimated Value
$506,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,197
Avg. Annual Appreciation
6.26%
Original Mortgage
$328,000
Outstanding Balance
$302,009
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$210,905

Purchase Details

Closed on
May 5, 2016
Sold by
Gupta Riteshkumar Suresh and Gupta Rupam
Bought by
Wright Lucas and Wright Corbin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2006
Sold by
Centex Homes
Bought by
Gupta Riteshkumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,344
Interest Rate
6.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $410,000 Atlantic Coast Stlmnt Svcs
Warranty Deed $310,000 Attorney
Warranty Deed $329,180 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,000 New Conventional
Previous Owner $280,000 New Conventional
Previous Owner $294,500 New Conventional
Previous Owner $268,738 New Conventional
Previous Owner $301,750 New Conventional
Previous Owner $263,344 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $410,000 +2.5% $155 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $399,950 +29.0% $151 / Sq Ft
07/14/2016 07/14/16 Sold $310,000 -2.4% $117 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $317,500 -- $120 / 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 $4,402 $491,800 $81,000 $410,800
2024 $4,402 $443,300 $76,500 $366,800
2023 $3,756 $412,800 $72,000 $340,800
2022 $3,326 $361,500 $69,300 $292,200
2021 $3,121 $321,600 $67,500 $254,100
2020 $3,981 $320,700 $67,500 $253,200
2019 $2,968 $312,400 $67,500 $244,900
2018 $2,922 $312,400 $67,500 $244,900
2017 $2,825 $289,100 $63,000 $226,100
2016 $2,699 $281,100 $61,200 $219,900
2015 $2,742 $283,000 $64,600 $218,400
2014 $2,695 $278,100 $68,000 $210,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1616725

Central Virginia Regional MLS

APN: 722-69-00-64-100-000