NOT LISTED FOR SALE

3318 Shallowford Trace Midlothian, VA 23112

Estimated Value: $649,000 - $820,000

4 Beds
3 Baths
2,457 Sq Ft
$302/Sq Ft Est. Value

Last Sold March 27, 2019

Last sale price $495,000 $201 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,485/month

9 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Outdoor Pool
  • Clover Hill High Rated A
  • Water Access
  • Community Lake

About This Home

As of March 2019

You are going to LOVE this stunning, WATERFRONT 4 bedroom, 3 bath home with SUNSET views in the sought-after Brandermill community. This home has special features that include: NEW hand scraped Brazilian HARDWOOD, a RENOVATED kitchen with HIGH-END appliances, FRESH PAINT, an UPDATED 1st floor full bath, an UPDATED large back deck, NEW duct work upstairs, a beautiful STONE fireplace with wood mantel, SURROUND SOUND in the family room and on the deck, an UPDATED master bath with GRANITE counters, and NEW sliding glass doors. The renovated kitchen has hardwood floors, high-end stainless steel appliances, a breakfast bar, island, dining area, leathered granite countertops, and sliding barn door pantry. The master bedroom is spacious with hardwood floors, sliding door access to the deck and gorgeous waterfront views, and an updated spa-like master bath with a granite countertop double vanity, a jetted tub, shower, and walk-in closet. Additional features of this home include a private dock, irrigated yard, fenced-in backyard, and being part of the award-winning Chesterfield County School District. Come inside and fall in LOVE for yourself!

Last Agent to Sell the Property

Heather Valentine

Valentine Properties License #0225077282 Listed on: 01/29/2019

Last Buyer's Agent

Heather Valentine

Valentine Properties License #0225077282 Listed on: 01/29/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,031

Year Built

  • Built in 1985

Lot Details

  • 0.26 Acre Lot
  • Lake Front
  • Back Yard Fenced
  • Zoning described as R7

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 2,457 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Sliding Doors
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Property is near a marina
  • Walking Distance to Water
  • Docks
  • Deck
  • Rear Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 725-68-43-25-800-000

Community Details

Overview

  • Shallowford Trace Subdivision
  • Community Lake
  • Pond in Community

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Community Playground
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,031

Year Built

Built in 1985

Lot Details

0

HOA Fees

$48 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Property Attached Yn: No
  • Lot Size Acres: 0.257
  • Water Body Name: Swift Creek Res
  • Ownership: Individuals
  • Subdivision Name: Shallowford Trace
  • Architectural Style: Two Story
  • 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: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Skylights, Walk-In Closet(s)
  • Living Area: 2457.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: Pool, Community
  • Waterfront Features: Lake, Lake Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Deck, Dock, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities, Dock, Home Owners Association, Lake, Marina, Playground, Park, Pond, Pool, Trails/Paths
  • Association Fee: 145.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Pool(s), Recreation Facilities, Water, Water Access

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 725-68-43-25-800-000
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4031.0
  • Tax Lot: 10

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 11, 2019
Sold by
Swanson Jeffery S and Swanson Michelle R
Bought by
Ballengee Greg and Ballengee Karen
Seller's Agent
Heather Valentine
Valentine Properties
Buyer's Agent
Heather Valentine
Valentine Properties
List Price
$515,000
Sold Price
$495,000
Premium/Discount to List
-$20,000
-3.88%
Current Estimated Value
$742,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,773
Avg. Annual Appreciation
6.74%
Original Mortgage
$255,000
Outstanding Balance
$225,103
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$531,542

Purchase Details

Closed on
Jul 11, 2001
Bought by
Swanson Jeffrey S and Swanson Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,800
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1999
Sold by
Lorenz Thomas
Bought by
Swanson Jeffrey S and Swanson Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 1996
Sold by
Gabel Sharon
Bought by
Lorenz Thomas and Lorenz Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
8.11%
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
Ballengee Greg $495,000 Attorney
Swanson Jeffrey S -- --
Swanson Jeffrey S $240,000 --
Lorenz Thomas $223,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ballengee Greg $255,000
Previous Owner Lorenz Thomas $45,800
Previous Owner Lorenz Thomas $192,000
Previous Owner Lorenz Thomas $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2019 03/27/19 Sold $495,000 -3.9% $201 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $515,000 -- $210 / 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 $5,993 $670,600 $189,000 $481,600
2024 $5,993 $651,200 $189,000 $462,200
2023 $5,575 $612,600 $189,000 $423,600
2022 $4,981 $541,400 $187,000 $354,400
2021 $4,666 $488,500 $185,000 $303,500
2020 $4,527 $476,500 $184,000 $292,500
2019 $4,074 $428,800 $182,000 $246,800
2018 $4,076 $424,300 $182,000 $242,300
2017 $4,070 $418,800 $180,000 $238,800
2016 $3,904 $406,700 $180,000 $226,700
2015 $3,893 $402,900 $180,000 $222,900
2014 $4,053 $419,600 $180,000 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1902734

Central Virginia Regional MLS

APN: 725-68-43-25-800-000