NOT LISTED FOR SALE

2902 Cove Ridge Trace Midlothian, VA 23112

Estimated Value: $432,000 - $573,000

3 Beds
2 Baths
1,639 Sq Ft
$299/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $259,900 $159 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,090/month

5 Days on Market

About This Home

As of March 2014

New construction in Brandermill! This is a builders personal home with 9' ceilings in the entire house, custom trim and paint, satin nickel accessories and stainless steel appliances. The kitchen has over and under cabinet lighting highlighting the granite counters, 42" wall cabinets and crown moldings. The living room has 5.1 surround sound and wide maple flooring runs throughout the downstairs. The master bath has a jetted tub, frameless glass shower and led lights in the crown. You can also enjoy low electric bills due to the 2 zone heat pumps, great insulation package, sound proofing between floors, tankless gas w/h, gas range and grill tie-in. 15mi of paved trails, lake access, 3 pools, waterfront dining and golf. Home is completed and available immediately!

Last Agent to Sell the Property

Kyle McLaughlin

The McBar Realty Group Ltd License #0225096641 Listed on: 02/01/2014

Last Buyer's Agent

Margo Chaffin

Best Realty License #0225137147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,026

Year Built

  • 2014

Lot Details

  • 6,098

Home Design

  • Dimensional Roof

Interior Spaces

  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 723-687-16-32-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,026

Year Built

2014

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 158.57
  • Finished Sq Ft: 1639
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Walk-In
  • Number Of Levels: 1.50

Exterior Features

  • Roof: Dimensional
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Attached, Auto Door Opener
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Fee Information

  • Fee: 83.00
  • Fee Period: Quarterly

Schools

  • Elementary School: Swiftcreek
  • Middle School: Swift Creek
  • High School: Clover Hill

Lot Info

  • Zoning: R7 - ONE FAMILY RES
  • Lot: 021
  • Parcel Number: 723-687-16-32-00000

Multi Family

  • Attachment Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2017
Sold by
Hudgins Danna W
Bought by
Hudgins Joseph L
Current Estimated Value
$505,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Outstanding Balance
$154,398
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$337,880

Purchase Details

Listed on
Feb 1, 2014
Closed on
Mar 7, 2014
Sold by
Mclaughlin Richard K
Bought by
Hudgins Joseph L
Seller's Agent
Kyle McLaughlin
The McBar Realty Group Ltd
Buyer's Agent
Margo Chaffin
Best Realty
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$195,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2013
Closed on
Sep 12, 2013
Sold by
Pence Margaret R
Bought by
Mclaughlin Richard K
Seller's Agent
Gayle Walters
Gayle & Company Inc., REALTORS
Buyer's Agent
Kyle McLaughlin
The McBar Realty Group Ltd
List Price
$59,950
Sold Price
$40,000
Premium/Discount to List
-$19,950
-33.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3823.02%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hudgins Joseph L -- None Available
Hudgins Joseph L $259,900 --
Mclaughlin Richard K $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudgins Joseph L $184,500
Closed Hudgins Joseph L $195,000
Previous Owner Mclaughlin Richard Kyle $198,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $259,900 0.0% $159 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $259,900 +549.8% $159 / Sq Ft
09/16/2013 09/16/13 Sold $40,000 -33.3% --
07/24/2013 07/24/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $59,950 -- --
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 $4,026 $449,500 $86,000 $363,500
2024 $4,026 $422,900 $86,000 $336,900
2023 $3,587 $394,200 $78,000 $316,200
2022 $3,054 $332,000 $67,500 $264,500
2021 $2,832 $295,500 $65,500 $230,000
2020 $2,695 $283,700 $64,500 $219,200
2019 $2,599 $273,600 $62,500 $211,100
2018 $2,455 $258,400 $59,500 $198,900
2017 $2,438 $254,000 $56,500 $197,500
2016 $2,366 $246,500 $56,500 $190,000
2015 $2,375 $244,800 $56,500 $188,300
2014 $2,083 $214,400 $56,500 $157,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1402527

Central Virginia Regional MLS

APN: 723-68-71-63-200-000