NOT LISTED FOR SALE

4500 Old Well Terrace Midlothian, VA 23112

Estimated Value: $323,000 - $353,801

3 Beds
2.5 Baths
1,538 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 12, 2019

Last sale price $166,000 $108 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,103/month

211 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Cape Cod Architecture
  • Clover Hill High Rated A
  • Outdoor Pool
  • Deck

About This Home

As of February 2019

MOTIVATED SELLER READY TO SELL, BRING AN OFFER!!! Charming 1 ½ story Brandermill home with 1538 sqft., 3 bedrooms, and 2 ½ baths nestled on a secluded cul-de-sac lot,off of Hull Street Road near the 288 interchange. This house features a 1st floor master with private full bath, as well as, a 2nd floor master and 3rd bedroom with a shared full bath. The first floor includes a spacious living room with cozy fireplace, full wood mantle, wainscoting, chair & crown trim, and gorgeous knotty pine floors which run throughout the 1st floor. The space-consciously designed kitchen includes an eat-in dining area, walk-out doors to the rear deck, pantry closet and utility closet with washer and dryer hookups. All appliances do convey. A separate formal dining room lies conveniently off the kitchen, as does the downstairs ½ bath. An attractive home with a fantastic location, desirable neighborhood and Brandermill amenities should put this property at the top of your list.

Last Agent to Sell the Property

Debbie Keener

Good Life Realty LLC License #0225055558 Listed on: 05/09/2018

Co-Listed By

David Keener

Good Life Realty LLC License #0225216364

Last Buyer's Agent

William J. Barnes

Gracious Living Realty, Inc. License #0225018411

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Wooded Lot
  • Zoning described as R7

HOA Fees

  • $48 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Cedar

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • French Doors
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Deck
  • Porch
  • Stoop

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 732-67-94-66-900-000

Community Details

Overview

  • Heritage Woods Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 1979

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Property Attached Yn: No
  • Lot Size Acres: 0.2
  • Co List Office Mls Id: GLRE01
  • Co List Office Phone: 804-513-6610
  • Ownership: Individuals
  • Subdivision Name: Heritage Woods
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Cooking, Electric Water Heater, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Bath in Primary Bedroom, Pantry, Walk-In Closet(s)
  • Living Area: 1538.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Cul-De-Sac, Wooded
  • Pool Features: Pool, Community
  • Waterfront Features: Lake, Water Access
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Cedar, Drywall, Frame
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Deck, Stoop, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association, Pool
  • Association Fee: 145.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Pool(s)

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 732-67-94-66-900-000
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1679.0

MLS Schools

  • Elementary School: Clover Hill
  • High School: Clover Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Jan 7, 2019
Sold by
Schley Anne L
Bought by
Patteson Ritchie Brandon Neil and Patteson Ritchie Ashley
Seller's Agent
Debbie Keener
Good Life Realty LLC
Buyer's Agent
William J. Barnes
Gracious Living Realty, Inc.
List Price
$175,000
Sold Price
$166,000
Premium/Discount to List
-$9,000
-5.14%
Current Estimated Value
$334,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,065
Avg. Annual Appreciation
10.75%
Original Mortgage
$149,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2018
Sold by
Lacy Andrew M and Lacy Cheryl A
Bought by
Schley Anne I
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
Patteson Ritchie Brandon Neil $166,000 Attorney
Schley Anne I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritchie Brandon Neil $151,800
Closed Patteson Ritchie Brandon Neil $149,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $166,000 -2.4% $108 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/19/2018 11/19/18 Price Changed $170,000 -2.9% $111 / Sq Ft
10/11/2018 10/11/18 Price Changed $175,000 0.0% $114 / Sq Ft
10/11/2018 10/11/18 For Sale $175,000 -7.9% $114 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
08/05/2018 08/05/18 Price Changed $189,950 -5.0% $124 / Sq Ft
05/09/2018 05/09/18 For Sale $199,950 -- $130 / 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 $2,815 $313,500 $70,000 $243,500
2024 $2,815 $293,700 $70,000 $223,700
2023 $2,530 $278,000 $64,000 $214,000
2022 $2,262 $245,900 $54,000 $191,900
2021 $2,174 $221,900 $52,000 $169,900
2020 $1,997 $210,200 $51,000 $159,200
2019 $1,904 $200,400 $48,000 $152,400
2018 $1,745 $185,300 $45,000 $140,300
2017 $1,704 $174,900 $42,000 $132,900
2016 $1,608 $167,500 $42,000 $125,500
2015 $1,680 $175,000 $42,000 $133,000
2014 $1,654 $172,300 $42,000 $130,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1814674

Central Virginia Regional MLS

APN: 732-67-94-66-900-000