NOT LISTED FOR SALE

401 Michaux View Terrace Midlothian, VA 23113

Westchester Neighborhood

Estimated Value: $474,000 - $510,956

4 Beds
4 Baths
2,592 Sq Ft
$191/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $295,000 $114 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,029/month

39 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Granite Countertops
  • J B Watkins Elementary School Rated A-
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of July 2018

Beautifully maintained home in the sought after Midlothian High School district. Plenty of room for the family to spread out with 4 levels of living space. Kitchen with granite counter tops opens to large family room and spacious, sunny deck. Basement makes a great entertainment area offering a half bath and access to covered patio and garage. Upstairs, you will find generous sized bedrooms and closets, a lovely master suite and walk in attic space. Michaux Creek is conveniently located within close proximity to 288, Westchester Commons, and lots of shopping and restaurants.

Last Agent to Sell the Property

Alex Luck

Long & Foster REALTORS License #0225076210 Listed on: 03/31/2018

Long & Foster REALTORS

Last Buyer's Agent

Ernie Chamberlain

Hometown Realty License #0225218837

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 1998

Lot Details

  • 0.33 Acre Lot
  • Zoning described as I1

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Gas Fireplace
  • Separate Formal Living Room
  • Partially Carpeted
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity

Outdoor Features

  • Deck

Schools

  • Watkins Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Michaux Creek Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 723-71-16-03-000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,455

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Property Attached Yn: No
  • Lot Size Acres: 0.331
  • Ownership: Individuals
  • Subdivision Name: Michaux Creek
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Partially Carpeted
  • Basement: Partial, Partially Finished
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 912.0
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, Bath in Primary Bedroom, Recessed Lighting
  • Living Area: 2592.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Off Street

Utilities

  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 723-71-16-03-000-000
  • Zoning Description: I1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2455.0
  • Tax Lot: 24

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2018
Closed on
Jul 6, 2018
Sold by
Boothe Wayne T and Boothe Rachel A
Bought by
Salter Johnny R and Salter Amy Jo
Seller's Agent
Alex Luck
Long & Foster REALTORS
Buyer's Agent
Ernie Chamberlain
Hometown Realty
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Current Estimated Value
$493,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,918
Avg. Annual Appreciation
7.45%
Original Mortgage
$280,250
Interest Rate
4.5%
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
Salter Johnny R $295,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salter Amy Jo $279,000
Closed Salter Johnny R $280,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $295,000 -1.6% $114 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
05/08/2018 05/08/18 Price Changed $299,900 -1.7% $116 / Sq Ft
05/01/2018 05/01/18 Price Changed $305,000 -3.2% $118 / Sq Ft
03/31/2018 03/31/18 For Sale $315,000 -- $122 / 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 $3,898 $435,200 $76,000 $359,200
2024 $3,898 $411,900 $75,000 $336,900
2023 $3,305 $363,200 $70,000 $293,200
2022 $3,095 $336,400 $68,000 $268,400
2021 $3,121 $321,600 $66,000 $255,600
2020 $2,969 $312,500 $66,000 $246,500
2019 $2,851 $300,100 $65,000 $235,100
2018 $2,611 $280,700 $65,000 $215,700
2017 $2,505 $255,700 $60,000 $195,700
2016 $2,367 $246,600 $60,000 $186,600
2015 $2,341 $241,200 $58,000 $183,200
2014 $2,159 $222,300 $55,000 $167,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1811063

Central Virginia Regional MLS

APN: 723-71-16-03-000-000