NOT LISTED FOR SALE

2906 Cove Ridge Trace Midlothian, VA 23112

Estimated Value: $371,000 - $409,000

3 Beds
2.5 Baths
1,648 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $169,000 $103 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,314/month

13 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Side Porch
  • Clover Hill High Rated A
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of December 2012

Great home in Brandermill located in waterfront culdesac. Interior freshly painted. New carpet. Open layout. Cathedral ceilings. Wall of windows. Wraparound deck. One level living. Great neighborhood located on Swift Creek Reservoir with amenities including pools, parks, trails, golf course and more! This is a Fannie Mae Homepath Property. Own this home for as little as 3% down. This property is approved for Fannie Mae Homepath Mortgage and Renovation Mortgage Financing.

Last Agent to Sell the Property

Joan E Justice

Keller Williams Realty License #0225088025 Listed on: 10/24/2012

Keller Williams Realty

Co-Listed By

Erin Barton

Keller Williams Realty License #0225175003

Last Buyer's Agent

Nicole Taylor

Estate Realty Group License #0225079819

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,850

Year Built

  • Built in 1984

Lot Details

  • 6,538 Sq Ft Lot
  • Cul-De-Sac
  • Zoning described as R7

Interior Spaces

  • 1,648 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Side Porch

Schools

  • Swift Creek Elementary And Middle School
  • Clover Hill High School

Community Details

  • Property has a Home Owners Association
  • Cove Ridge Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 023
  • Assessor Parcel Number 723-687-06-24-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,850

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1984
  • Property Attached Yn: No
  • Lot Size Acres: 0.1501
  • Co List Office Mls Id: KWMS02
  • Co List Office Phone: (804) 282-5901
  • Ownership: REO
  • Subdivision Name: Cove Ridge
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1648.0
  • Stories: 1

Exterior Features

  • Roof: Other
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Construction Type: Other
  • Patio And Porch Features: Deck, Side Porch
  • Property Condition: Resale

Utilities

  • Heating: Other
  • Cooling: Other
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 723-687-06-24-00000
  • Zoning Description: R7

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1849.65
  • Tax Block: 000
  • Tax Lot: 023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Musselman Lois F
Seller's Agent
Joan E Justice
Keller Williams Realty
Buyer's Agent
Nicole Taylor
Estate Realty Group
List Price
$168,900
Sold Price
$169,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$392,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,360
Avg. Annual Appreciation
6.68%
Original Mortgage
$135,200
Outstanding Balance
$93,980
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$298,380

Purchase Details

Closed on
Jun 28, 2012
Sold by
Samuel I White Pc Sub Tr
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 3, 1998
Sold by
Deceased Vanorman and Deceased Michael R
Bought by
Powers Douglas F and Powers Barbara D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Musselman Lois F $169,000 --
Federal National Mortgage Association $166,667 --
Powers Douglas F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musselman Lois F $135,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $169,000 +0.1% $103 / Sq Ft
11/06/2012 11/06/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $168,900 -- $102 / 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 $2,995 $333,700 $86,000 $247,700
2024 $2,995 $322,100 $86,000 $236,100
2023 $2,791 $306,700 $78,000 $228,700
2022 $2,536 $275,700 $67,500 $208,200
2021 $2,409 $246,600 $65,500 $181,100
2020 $2,272 $239,200 $64,500 $174,700
2019 $2,176 $229,100 $62,500 $166,600
2018 $2,075 $218,400 $59,500 $158,900
2017 $2,042 $212,700 $56,500 $156,200
2016 $2,003 $208,600 $56,500 $152,100
2015 $2,000 $205,700 $56,500 $149,200
2014 $1,760 $180,700 $56,500 $124,200
Source: Public Records

Agents Affiliated with this Home

  • Joan E Justice

    Seller's Agent in 2012

    Joan E Justice

    Keller Williams Realty

    (804) 539-9779

    4 in this area

    101 Total Sales

    Joan E Justice
    Section Image

  • E

    Seller Co-Listing Agent in 2012

    Erin Barton

    Keller Williams Realty

  • Nicole Taylor

    Buyer's Agent in 2012

    Nicole Taylor

    Estate Realty Group

    (804) 350-9057

    18 Total Sales

    Nicole Taylor
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1226325

Central Virginia Regional MLS

APN: 723-68-70-62-400-000

Virginia Chesterfield County Midlothian 23112

2906 Cove Ridge Trace, Midlothian, VA

Not Listed for Sale

Detached

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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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