NOT LISTED FOR SALE

2667 Water Race Terrace Midlothian, VA 23112

Estimated Value: $512,000 - $517,517

5 Beds
2.5 Baths
2,640 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 22, 2017

Last sale price $332,000 $126 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,907/month

3 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Cathedral Ceiling
  • Midlothian High School Rated A
  • Transitional Architecture
  • Wood Flooring

About This Home

As of March 2017

Bright open floor plan with 2-story foyer! Brazilian Cherry hardwood floors downstairs. Formal dining room with arched columns. Spacious kitchen with ceramic tile flooring, granite countertops, large breakfast bar, stainless steel appliances, recessed lighting, huge eat-in area. Family room is wired for surround sound, has corner gas fireplace and opening to kitchen. First floor study/office or playroom with lots of light. Master bedroom has walk-in closet and en-suite bathroom with jetted tub, double vanity, and separate shower. 16X12 deck with stairs to backyard, irrigation system, and sits on a quiet Cul-De-Sac lot. Attached 2 car garage and paved driveway. Desirable award winning schools and terrific Watermill community offering a swimming pool, clubhouse, and tennis court!

Last Agent to Sell the Property

Jimmy Benson

Shaheen Ruth Martin & Fonville License #0225250145 Listed on: 02/16/2017

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Eli Rich

First Choice Realty License #0225049064

First Choice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 2007

Lot Details

  • 9,060 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Zoning described as R9

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,640 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Palladian Windows
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • <<bathWSpaHydroMassageTubToken>>

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 721-69-06-60-300-000

Community Details

Overview

  • Watermill Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,740

Year Built

Built in 2007

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Property Attached Yn: No
  • Lot Size Acres: 0.208
  • 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: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Jetted Tub, Bath in Primary Bedroom, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2640.0
  • Stories: 2
  • Window Features: Palladian Window(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Cul-De-Sac
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Paved Driveway
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Common Grounds/Area, Clubhouse, Community Pool, Home Owners Association, Pool, Tennis Court(s)
  • Amenities: Management
  • Association Fee: 195.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 721-69-06-60-300-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2740.0
  • Tax Lot: 20

MLS Schools

  • Elementary School: Swift Creek
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 2, 2017
Sold by
Robinson Christopher M and Robinson Erin M
Bought by
Ahn Sung
Seller's Agent
Jimmy Benson
Shaheen Ruth Martin & Fonville
Buyer's Agent
Eli Rich
First Choice Realty
List Price
$324,950
Sold Price
$332,000
Premium/Discount to List
$7,050
2.17%
Current Estimated Value
$514,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,129
Avg. Annual Appreciation
5.34%
Original Mortgage
$339,138
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Jul 21, 2010
Sold by
Natl Residential Nominee Svcs
Bought by
Robinson Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2010
Sold by
Karlsson Magnus Daniel
Bought by
Natl Residential Nominee Svcs

Purchase Details

Closed on
Jun 25, 2007
Sold by
Centex Homes
Bought by
Karlsson Magnus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,715
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

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
Ahn Sung $332,000 First Title & Escrow Inc
Robinson Christopher M $265,000 --
Natl Residential Nominee Svcs $265,000 --
Karlsson Magnus $377,144 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahn Sung $120,000
Open Ahn Sung $328,534
Closed Ahn Sung $328,383
Closed Ahn Sung $339,138
Previous Owner Robinson Christopher M $212,000
Previous Owner Karlsson Magnus $301,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $332,000 0.0% $126 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
02/19/2017 02/19/17 Price Changed $332,000 0.0% $126 / Sq Ft
02/18/2017 02/18/17 Price Changed $332,005 +2.2% $126 / Sq Ft
02/16/2017 02/16/17 For Sale $324,950 -- $123 / 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 $25 $501,100 $90,000 $411,100
2024 $25 $453,300 $85,000 $368,300
2023 $3,852 $423,300 $80,000 $343,300
2022 $3,398 $369,300 $77,000 $292,300
2021 $3,193 $329,200 $75,000 $254,200
2020 $3,092 $325,500 $75,000 $250,500
2019 $3,013 $317,200 $75,000 $242,200
2018 $3,013 $317,200 $75,000 $242,200
2017 $2,841 $295,900 $70,000 $225,900
2016 $2,740 $285,400 $68,000 $217,400
2015 $2,772 $286,100 $68,000 $218,100
2014 $2,671 $275,600 $68,000 $207,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1705323

Central Virginia Regional MLS

APN: 721-69-06-60-300-000