NOT LISTED FOR SALE

Estimated Value: $749,000 - $811,000

5 Beds
5 Baths
4,965 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $427,875 $86 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,900/month

43 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Cathedral Ceiling
  • Cosby High School Rated A
  • Transitional Architecture
  • Wood Flooring

About This Home

As of September 2017

Fantastic Brick 3-Story Transitional Home That Will Knock Your Socks Off. Located in Summer Lake off Otterdale this Home has 6 Bedrooms and 5 Full Baths. Formal Living Room with Gas Fireplace and Formal Dining Room. Large Eat In Kitchen (Appliances Convey - AS IS) and Large Breakfast Area to Deck Area. Large Family Room with Gas Fireplace and Cathedral Ceiling. Bedroom Down with Jack and Jill Bath. UpStairs is the Large Master Bedroom with Large Walk In Closet Built-Ins and Master Bath with Jetted Tub and Shower. ( 2) Other Bedrooms and an Additional Room (Could be 4th Bedroom or Large Play Area and/or Rec Room on 2nd Floor) - 5th Bedroom on 3rd Floor. Basement Area has a Large Rec Room with Gas Fireplace and Bar Area and an Additional Rec Room Area for Games Playing. 6th Bedroom in Basement and an Additional Room can be used as an Office. Storage Area as well in the Basement off the Office Area. Large Patio Area with Fireplace Pit for Grilling in the Afternoon and Party Area. Play Area - "AS IS" and Irrigation System.

Last Agent to Sell the Property

David Wright

Real Broker LLC License #0225184825 Listed on: 06/27/2017

Real Broker LLC

Last Buyer's Agent

Wray White

White House Realty Group License #0225064209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,506

Year Built

  • Built in 2006

Lot Details

  • 0.37 Acre Lot
  • Zoning described as R12

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,965 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Separate Formal Living Room
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Deck
  • Patio
  • Front Porch

Schools

  • Grange Hall Elementary School
  • Tomahawk Creek Middle School
  • Cosby High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 23
  • Assessor Parcel Number 709-68-48-17-900-000

Community Details

Overview

  • Summer Lake Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,506

Year Built

Built in 2006

Lot Details

0

HOA Fees

$70 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2006
  • Property Attached Yn: No
  • Lot Size Acres: 0.374
  • Ownership: REO
  • Subdivision Name: Summer Lake
  • Architectural Style: Two Story, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 5120

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Full
  • Appliances: Dishwasher, Microwave, Propane Water Heater, Refrigerator, Stove
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2240.0
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Garden Tub/Roman Tub, Bath in Primary Bedroom, Walk-In Closet(s)
  • Living Area: 4965.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick, Block
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Central Air, Electric
  • 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: Clubhouse, Home Owners Association
  • Association Fee: 210.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Pool(s), Recreation Facilities, Trash

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 709-68-48-17-900-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5506.0
  • Tax Lot: 23

MLS Schools

  • Elementary School: Grange Hall
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Aug 30, 2017
Sold by
Us Bank National Association
Bought by
Schmidt Mark and Schmidt Kathleen
Seller's Agent
David Wright
Real Broker LLC
Buyer's Agent
Wray White
White House Realty Group
List Price
$505,000
Sold Price
$427,875
Premium/Discount to List
-$77,125
-15.27%
Current Estimated Value
$782,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,786
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
May 24, 2006
Sold by
Orleans Parker and Orleans Homebldr
Bought by
White Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,200
Interest Rate
6.55%
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
Schmidt Mark $427,875 Title 365
White Mark $713,650 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Mark $452,000
Closed Schmidt Mark $472,000
Closed Schmidt Mark $476,250
Previous Owner White Mark $570,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2017 09/25/17 Sold $427,875 -15.3% $86 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $505,000 -- $102 / 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 $6,785 $759,600 $115,000 $644,600
2024 $6,785 $727,100 $105,000 $622,100
2023 $5,713 $627,800 $100,000 $527,800
2022 $6,253 $679,700 $94,000 $585,700
2021 $5,839 $612,000 $89,000 $523,000
2020 $5,767 $607,000 $87,000 $520,000
2019 $5,748 $605,000 $85,000 $520,000
2018 $5,748 $605,000 $85,000 $520,000
2017 $5,659 $589,500 $85,000 $504,500
2016 $5,506 $573,500 $82,000 $491,500
2015 $5,368 $559,200 $81,000 $478,200
2014 $5,048 $525,800 $80,000 $445,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1724108

Central Virginia Regional MLS

APN: 709-68-48-17-900-000