NOT LISTED FOR SALE

3115 Lake Terrace Ct Unit 83 Richmond, VA 23235

Huguenot Neighborhood

Estimated Value: $286,000 - $328,000

3 Beds
2 Baths
1,207 Sq Ft
$907/mo HOA Fee

Last Sold May 08, 2018

Last sale price $199,900 $166 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,799/month

33 Days on Market

Highlights

  • Water Views
  • Senior Community
  • Community Lake
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of May 2018

Maintenance-free 1 floor living at its best in this beautifully landscaped unique independent living community conveniently located in Bon Air! The recently updated condo boasts a bright new kitchen w/ under cabinet lighting, quiet close cabinets & drawers, lazy Susan's in the corners, & newer GE appliances. A whole house GENERATOR to provide you with power during any outages. Other features include built-ins in dining area, grab bars in bathrooms, as well as new comfort height toilets. Enjoy the many features of living in this 55+ GATED COMMUNITY featuring CLUBHOUSE w/ lots of SOCIAL ACTIVITIES to choose from. Many services are offered in this senior-friendly village-like neighborhood. Live independently & make your own decisions while having many amenities provided, such as: 24/7 SECURITY OFFICER, TRANSPORTATION TO SHOPPING, nurse-led WELLNESS PROGRAM, MEDICAL ALERT SYSTEM, & optional DINING PROGRAM. All landscaping is taken care of. Enjoy gardening? you may plant flowers around your condo, or raise veggies in the community garden. Monthly fee includes mentioned amenities, exterior maintenance, water, sewer, snow removal, trash pickup, building insurance & financial reserves.

Last Agent to Sell the Property

Susan Allison

Long & Foster REALTORS License #0225227990 Listed on: 03/05/2018

Long & Foster REALTORS

Last Buyer's Agent

Todd Acker

Va Properties Long & Foster License #0225028117

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,064

Year Built

  • Built in 1987

Lot Details

  • Sprinkler System

HOA Fees

  • $907 Monthly HOA Fees

Home Design

  • Patio Home
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Gas Fireplace
  • Thermal Windows
  • Bay Window
  • Insulated Doors
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Induction Cooktop
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Assigned Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Grab Bars
  • Accessible Bedroom
  • Accessibility Features
  • Accessible Entrance

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Front Porch

Schools

  • Fisher Elementary School
  • Thompson Middle School
  • Huguenot High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number C001-1100-114

Community Details

Overview

  • Senior Community
  • Summerhill At Stony Point Condo Subdivision
  • Maintained Community
  • Community Lake
  • Pond in Community

Amenities

  • Community Deck or Porch
  • Clubhouse

Recreation

  • Fitness Center

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,064

Year Built

Built in 1987

Lot Details

0

HOA Fees

$907 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1987
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0313
  • Ownership: Estate
  • Subdivision Name: Summerhill At Stony Point Condo
  • Architectural Style: Patio Home
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Oven, Refrigerator, Range Hood, Smooth Cooktop, Washer
  • Other Equipment: Generator
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Accessible Bedroom, Grab Bars, Accessible Entrance
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Bay Window, Ceiling Fan(s), Dining Area, Fireplace, Laminate Counters, Built In Shower Chair
  • Living Area: 1207.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Porch
  • Patio And Porch Features: Rear Porch, Front Porch, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Gated Community, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Deck/Porch, Fitness, Gated, Home Owners Association, Lake, Maintained Community, Pond, Street Lights
  • Senior Community: Yes
  • Association Fee: 907.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Insurance, Maintenance Structure, Reserve Fund, Sewer, Snow Removal, Security, Trash, Water

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Topography: Level
  • Parcel Number: C001-1100-114
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2064.0

MLS Schools

  • Elementary School: Fisher
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
May 1, 2018
Sold by
Torrence Darlene and Cramer Edward A
Bought by
Hancok Elizabeth Smith
Seller's Agent
Susan Allison
Long & Foster REALTORS
Buyer's Agent
Todd Acker
Va Properties Long & Foster
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$308,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,042
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Mar 2, 2015
Sold by
Newsome Exr Laurie and The Estate Of Claire B Dixon
Bought by
Cramer Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,300
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hancok Elizabeth Smith $199,900 Attorney
Cramer Carmen $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cramer Carmen $153,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $199,900 0.0% $166 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $199,900 -- $166 / 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 $2,952 $246,000 $35,000 $211,000
2024 $2,712 $226,000 $35,000 $191,000
2023 $2,484 $207,000 $35,000 $172,000
2022 $2,136 $178,000 $35,000 $143,000
2021 $2,016 $178,000 $35,000 $143,000
2020 $2,033 $168,000 $35,000 $133,000
2019 $2,016 $168,000 $35,000 $133,000
2018 $2,016 $168,000 $35,000 $133,000
2017 $2,064 $172,000 $50,000 $122,000
2016 $2,064 $172,000 $50,000 $122,000
2015 $2,700 $191,000 $55,000 $136,000
2014 $2,700 $225,000 $60,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1807689

Central Virginia Regional MLS

APN: C001-1100-114