NOT LISTED FOR SALE

3120 Lake Terrace Ct Unit 3120 Richmond, VA 23235

Huguenot Neighborhood

Estimated Value: $326,000 - $338,000

2 Beds
2 Baths
1,207 Sq Ft
1,307 Sq Ft Lot

Last Sold July 15, 2013

Last sale price $240,000 $199 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,107/month

378 Days on Market

Highlights

  • Wood Flooring
  • Open High School Rated A+
  • Forced Air Heating and Cooling System

About This Home

As of July 2013

LAKEFRONT with VIEWS!!! Fantastic cottage with private front porch. Interior features open plan with Living/Dining room combination and French door to private patio; galley kitchen with pantry, stove and refrigerator with pass through to living/dining; master bedroom with private bath as well as an additional bedroom. Huge additional bedroom can be used as family/tv room or can be turned into 2 bedrooms. This 1 level home is located in a gated, age restricted retirement community with all the services you need: 24-hour security, Community lodge with social and wellness activities, exercise program, a nurse, shopping transportation, Med alert system, exterior maintenance, landscape service, snow removal. A great unit in a convenient location in the heart of Bon Air!!

Last Agent to Sell the Property

Susan Allison

Long & Foster REALTORS License #0225227990 Listed on: 05/21/2012

Long & Foster REALTORS

Last Buyer's Agent

Susan Allison

Long & Foster REALTORS License #0225227990 Listed on: 05/21/2012

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,648

Year Built

  • 1996

Lot Details

  • 1,307

Home Design

  • Wood Roof

Interior Spaces

  • 2 Full Bathrooms
  • Property has 1 Level

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number C0011100095

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,648

Year Built

1996

Lot Details

0

Listing Details

  • Restrictions: Age-Restricted Community, Assoc Restrictions
  • Structure: Brick, Frame
  • Price Per Finished Sq Ft: 198.84
  • Disability Equip: Entry Level Accessible Full Bath, Entry Level Accessible Kitchen, Entry Level Bedrooms, Grab Bars, Stepless Entry
  • Finished Sq Ft: 1207
  • Home Warranty: The WG
  • Unit Placement: End Unit
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1996

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Drop-In Range, Dryer, Electric Cooking, Ice Maker, Microwave, Refrigerator, Washer, Smoke Alarm
  • Flooring: Carpet-Part, Vinyl, Wood-Part
  • Interior: 1st Floor Master Bedroom, 1st Floor Bedroom, Bay/Bow Window, Built In Cabinet/Bookcases, Cable TV, Dining Area, Fireplace, MBR Bath, Recessed Lighting, Pantry
  • Number of Rooms: 7
  • Fireplace: Gas, Brick
  • Total Fireplaces: 1
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Slab
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Front, Rear
  • Exterior: Irrigation System, Outdoor Lighting, Screens, Storm Doors, Thermal Windows, Waterfront, Waterview, Level Lot
  • Roof: Wood
  • Siding: Brick, Vinyl
  • Wall Type: Drywall
  • Water Type: Lake Frontage

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Association/Amenities

  • Amenities: Clubhouse, Deck, Exercise Room, Gated Community, Landscaping, Maintenance Free, Professional Management, Security Guard, Street Lights, Water View
  • Management Firm: RHSMC
  • Management Phone: 804-320-8312

Fee Information

  • Fee: 887.00
  • Fee Description: Owners Association, Condo Association
  • Fee Includes: Building Insurance, Clubhouse, Comm Ar Mnt, Community Utilities, Exterior Maintenance, Security, Snow Removal, Trash Removal, Water, Yard Maintenance
  • Fee Period: Monthly

Schools

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

Lot Info

  • Zoning: R-2 SINGLE FAMILY
  • Parcel Number: C0011100095

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2020
Sold by
Tricarico Rocco V
Bought by
Silverstein Grace
Current Estimated Value
$326,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2012
Closed on
Jun 28, 2013
Sold by
Southshore Management Groupllc
Bought by
Tricarico Rocco V
Seller's Agent
Susan Allison
Long & Foster REALTORS
Buyer's Agent
Susan Allison
Long & Foster REALTORS
List Price
$249,950
Sold Price
$240,000
Premium/Discount to List
-$9,950
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%
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
Silverstein Grace $225,000 Attorney
Tricarico Rocco V $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silverstein Grace $176,000
Closed Silverstein Grace $180,000
Previous Owner Gadberry Edwin $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2013 07/15/13 Sold $240,000 -4.0% $199 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/21/2012 05/21/12 For Sale $249,950 -- $207 / 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 $3,648 $304,000 $35,000 $269,000
2024 $3,348 $279,000 $35,000 $244,000
2023 $3,048 $254,000 $35,000 $219,000
2022 $2,604 $217,000 $35,000 $182,000
2021 $2,460 $217,000 $35,000 $182,000
2020 $2,460 $205,000 $43,000 $162,000
2019 $2,460 $205,000 $35,000 $170,000
2018 $2,460 $205,000 $35,000 $170,000
2017 $2,496 $208,000 $50,000 $158,000
2016 $2,496 $208,000 $50,000 $158,000
2015 $2,760 $230,000 $55,000 $175,000
2014 $2,760 $230,000 $60,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1213572

Central Virginia Regional MLS

APN: C001-1100-095