NOT LISTED FOR SALE

4508 Old Well Terrace Midlothian, VA 23112

Estimated Value: $351,000 - $360,000

3 Beds
3 Baths
1,409 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $329,250 $234 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,073/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Granite Countertops
  • Clover Hill High Rated A
  • Separate Formal Living Room
  • Breakfast Area or Nook

About This Home

As of October 2023

This beautiful rental with a new roof is not to be missed! Located in the award-winning community of Brandermill, the 3-bedroom, 2.5-bath home is a quiet retreat set on a peaceful wooded lot. The kitchen, which boasts a cozy eat-in area, has been updated with granite countertops, tile flooring, and white cabinets, paired with modern stainless steel appliances. All bathrooms have been updated as well.
The home offers a large living room with access to a private back deck for relaxation and entertaining family and friends...and don't overlook the large fire pit for warming up on cool fall evenings! There's also a formal dining room just off the kitchen that's perfect for holiday get-togethers.
On the second floor, there are three generous bedrooms, two full baths, and a laundry closet so there's no toting baskets of clothes up and down the stairs!
To qualify to rent this home, the COMBINED gross monthly income of all adults applying and/or acting as guarantors on the lease MUST be at least 3X the monthly rent. In this case, that amount would be $5850 or $70200 per year. Please note no smoking, vaping, or pets. HOA fees are covered in the rent.

Last Agent to Rent the Property

Dexter Brown

The Wilson Group License #0225230796 Listed on: 09/26/2023

Co-Listed By

Rebecca Pace

The Wilson Group License #0225223223

Last Renter's Agent

Dexter Brown

The Wilson Group License #0225230796 Listed on: 09/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,797

Year Built

  • 1979

Lot Details

  • 9,540

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • 1 Fireplace
  • Separate Formal Living Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

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

Parking

  • Driveway
  • Unpaved Parking

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $1,950
  • Property Available on 10/1/23
  • Assessor Parcel Number 732-67-93-34-100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,797

Year Built

1979

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: None
  • Lease Term: Other
  • Available Date: 2023-10-01
  • Security Deposit: 1950.0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Attached Yn: No
  • Co List Office Mls Id: WILS01
  • Co List Office Phone: 804-396-4625
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: House
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2
  • Year Built: 1979

Interior Features

  • Flooring: Wood
  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooking, Ice Maker, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Breakfast Area, Separate/Formal Dining Room, Granite Counters, Bath in Primary Bedroom, Cable TV, Walk-In Closet(s)
  • Living Area: 1409.0
  • Stories: 2

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Disclosures: Renters Insurance Required
  • Exterior Features: Unpaved Driveway

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Pets Allowed: No

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 732-67-93-34-100-000
  • ResoLotSizeUnits: Acres

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Hermann Scott Allen and Hermann Rachel Marie
Bought by
Hermann Living Trust
Current Estimated Value
$337,780

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 28, 2023
Sold by
Bringard Elisabeth A V
Bought by
Hermann Scott Allen and Hermann Rachel Marie
Seller's Agent
Ashley Rolfe
Maison Real Estate Boutique
Buyer's Agent
Kirsten Webb
Long & Foster REALTORS
List Price
$335,000
Sold Price
$329,250
Premium/Discount to List
-$5,750
-1.72%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.07%
Original Mortgage
$204,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 22, 2021
Sold by
Sponring Annika Rae and Sponring Payton Markus
Bought by
Virak Elisabeth Anne
Seller's Agent
Kevin Currie
Hometown Realty
Buyer's Agent
Doug Carter
Small & Associates
List Price
$259,950
Sold Price
$280,000
Premium/Discount to List
$20,050
7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$252,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2017
Closed on
Mar 24, 2017
Sold by
Hill Joshua A
Bought by
Harper Chad Lee
Seller's Agent
Brad Ruckart
Real Broker LLC
Buyer's Agent
Christine Mottley
Samson Properties
List Price
$189,900
Sold Price
$187,000
Premium/Discount to List
-$2,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$183,612
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 15, 2013
Closed on
Jun 17, 2013
Sold by
Rothfuss Brian A
Bought by
Hill Joshua A
Seller's Agent
Scott Glass
Compass
Buyer's Agent
Brad Ruckart
Real Broker LLC
List Price
$165,000
Sold Price
$164,500
Premium/Discount to List
-$500
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$5,757
Interest Rate
3.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 1, 2001
Sold by
Audet Dineen F
Bought by
Ginlock Johnny C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,331
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2000
Sold by
Coe Donald D
Bought by
Audet Michael J and Audet Dineen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hermann Living Trust -- None Listed On Document
Hermann Scott Allen $329,250 Fidelity National Title
Virak Elisabeth Anne $280,000 Attorney
Harper Chad Lee $187,000 Safe Harbor Title Company
Hill Joshua A $164,500 --
Ginlock Johnny C $108,000 --
Audet Michael J $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hermann Scott Allen $204,000
Previous Owner Virak Elisabeth Anne $252,000
Previous Owner Harper Chad Lee $183,612
Previous Owner Hill Joshua A $5,757
Previous Owner Hill Joshua A $161,519
Previous Owner Audet Michael J $106,331
Previous Owner Audet Michael J $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2023 10/29/23 Rented $1,950 0.0% --
09/26/2023 09/26/23 For Rent $1,950 0.0% --
09/01/2023 09/01/23 Sold $329,250 -1.7% $234 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $335,000 +19.6% $238 / Sq Ft
09/27/2021 09/27/21 Sold $280,000 +7.7% $199 / Sq Ft
09/03/2021 09/03/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $259,950 +14.0% $184 / Sq Ft
05/20/2020 05/20/20 Sold $228,000 +1.4% $162 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $224,950 +20.3% $160 / Sq Ft
04/13/2017 04/13/17 Sold $187,000 +1.1% $133 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/02/2017 03/02/17 Price Changed $184,900 -2.6% $131 / Sq Ft
02/16/2017 02/16/17 For Sale $189,900 +15.4% $135 / Sq Ft
07/12/2013 07/12/13 Sold $164,500 -0.3% $117 / Sq Ft
05/21/2013 05/21/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $165,000 -- $117 / 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 $2,797 $311,500 $70,000 $241,500
2024 $2,797 $291,900 $70,000 $221,900
2023 $2,601 $285,800 $64,000 $221,800
2022 $2,333 $253,600 $54,000 $199,600
2021 $2,123 $220,800 $52,000 $168,800
2020 $2,032 $209,200 $51,000 $158,200
2019 $1,892 $199,200 $48,000 $151,200
2018 $1,698 $185,800 $45,000 $140,800
2017 $1,581 $159,500 $42,000 $117,500
2016 $1,468 $152,900 $42,000 $110,900
2015 $1,556 $159,500 $42,000 $117,500
2014 $1,534 $157,200 $42,000 $115,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2323524

Central Virginia Regional MLS

APN: 732-67-93-34-100-000