2607 Water Race Terrace Midlothian, VA 23112
5
Beds
2.5
Baths
2,640
Sq Ft
9,583
Sq Ft Lot
Highlights
- Outdoor Pool
- Clubhouse
- Wood Flooring
- Midlothian High School Rated A
- Deck
- Separate Formal Living Room
About This Home
As of November 2021Welcome home to a well-maintained home in a highly desired Midlothian neighborhood! This home features beautiful hardwood floors throughout the downstairs that continue upstairs in the hallway and primary bedroom/closet. The family room is spacious and inviting with a gas fireplace, and flows to the eat-in kitchen which features newer, black stainless appliances and good storage with a pantry (and an additional pantry off the half bath). The morning room is bright and inviting with built-in bookcases and additional storage. Upstairs, the primary bedroom contains a walk-in closet with custom organization, and a bathroom with a relaxing garden tub and separate shower. Bedrooms 2, 3, and 4 all have large closets, and the 5th bedroom is HUGE and easily could be used as a home office, playroom, exercise room, or combination of the above. The 2nd floor also contains a walk-in laundry room and utility sink. The yard has 2 new, composite decks out back (2021), a patio and firepit, and terraced landscaping. Home has new roof (2020) and a new outdoor heat pump unit (2021). Additional storage can be found in the pull-down attic and 2-car garage. This home is a must see!
Last Agent to Sell the Property
Wind Chime Properties License #0225251066 Listed on: 09/07/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,968
Year Built
- Built in 2006
Lot Details
- 9,583 Sq Ft Lot
- Back Yard Fenced
- Sprinkler System
- Zoning described as R9
HOA Fees
- $60 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2,640 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bookcases
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Separate Formal Living Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- <<microwave>>
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Double Vanity
- Garden Bath
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Outdoor Pool
- Deck
- Patio
- Play Equipment
- Front Porch
Schools
- Swift Creek Elementary School
- Tomahawk Creek Middle School
- Midlothian High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 30
- Assessor Parcel Number 722690064100000
Community Details
Overview
- Watermill Subdivision
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
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
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
Similar Homes in Midlothian, VA
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
Average Home Value in this Area
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
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
-
Corbin Wright
C
Seller's Agent in 2021
Corbin Wright
Wind Chime Properties
(804) 519-6401
1 in this area
6 Total Sales
-
Nickole Campbell
N
Buyer's Agent in 2021
Nickole Campbell
Better Homes and Gardens Real Estate Main Street Properties
3 in this area
21 Total Sales
-
Beth Pretty
Seller's Agent in 2016
Beth Pretty
KW Metro Center
(804) 922-6243
8 in this area
209 Total Sales
-
Danielle Kenny
Buyer's Agent in 2016
Danielle Kenny
Wind Chime Properties
(804) 467-9350
1 in this area
38 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2127277
APN: 722-69-00-64-100-000
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.
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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