NOT LISTED FOR SALE

Estimated Value: $869,608 - $909,000

5 Beds
4.5 Baths
3,905 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $550,000 $141 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,284/month

92 Days on Market

Highlights

  • Under Construction
  • Deck
  • Screened Porch
  • Cosby High School Rated A
  • 1 Fireplace
  • Community Pool

About This Home

As of August 2016

See attached virtual tour! 1st floor made for everyday living and great entertaining - large appointed rooms flowing into one another. Charming craftsman detail throughout. 5 beds plus 4.5 baths. Grand family room open to grand kitchen and huge screen porch with large attached deck overlooking wooded backyard! 10'ceilings 1st floor.Windows, windows, windows bringing the outside into this home. Wide trim. Beautiful Hardwood floors. Built-in bookcases.Upstairs 4 bedrooms including large master suite with shower that will keep you in too long! Jack and Jill bath. 3rd floor is finished as a suite or can be used for recreation. Located on a cul-de-sac in the Homestead section of Summer Lake. Summer Lake has it all - 24hr.gym, 4 lighted Tennis courts, Soccer field, Full basketball court, Sand Volleyball, playgrounds, walking trails, fishing in the pond, pools, and tons of activities going on right in the community to keep your family busy right at home! Come check out this fun community! Great schools include Grange Hall, Tomahawk Creek, and Cosby HS!

Last Agent to Sell the Property

Cindy Peter

The Steele Group License #0225060010 Listed on: 03/31/2016

Co-Listed By

Kathleen Peter

The Steele Group License #0225207704

Last Buyer's Agent

Kyle Yeatman

Long & Foster REALTORS License #0225213901

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,100

Year Built

  • Built in 2015 | Under Construction

Lot Details

  • 0.37

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,905 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Screened Porch

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 708684024200000

Community Details

Overview

  • Summer Lake Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,100

Year Built

Built in 2015 | Under Construction

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2015
  • Property Attached Yn: No
  • Co List Office Mls Id: BASE02
  • Co List Office Phone: 804-790-1950
  • Ownership: Other
  • Subdivision Name: Summer Lake
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3905.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: None
  • Pool Features: Community, None
  • Waterfront: No
  • Construction Type: Block, Frame, Stone, Vinyl Siding
  • Patio And Porch Features: Deck, Screened
  • Property Condition: New Construction, Under Construction

Garage/Parking

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

Utilities

  • Heating: Multi-Fuel, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1140.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 708684024200000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5100.0

MLS Schools

  • Elementary School: Grange Hall
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Aug 6, 2016
Sold by
Homesmith Construction Inc A Virginia Co
Bought by
Marshall Benjamin Scott and Marshall Christine Lynne
Seller's Agent
Cindy Peter
The Steele Group
Buyer's Agent
Kyle Yeatman
Long & Foster REALTORS
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Current Estimated Value
$884,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,652
Avg. Annual Appreciation
5.29%
Original Mortgage
$484,000
Outstanding Balance
$386,176
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$498,476

Purchase Details

Closed on
Dec 10, 2014
Sold by
Base Camp Development Co
Bought by
Homesmith Construction Inc
Source: Public Records

Range of Values:

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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
Marshall Benjamin Scott $550,000 Atlantic Coast Stlmnt Svcs
Homesmith Construction Inc $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Benjamin Scott $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $550,000 -6.6% $141 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $589,000 -- $151 / 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 $6,695 $749,400 $115,000 $634,400
2024 $6,695 $732,300 $105,000 $627,300
2023 $5,995 $658,800 $100,000 $558,800
2022 $5,512 $599,100 $94,000 $505,100
2021 $5,155 $540,000 $89,000 $451,000
2020 $5,013 $527,700 $87,000 $440,700
2019 $4,994 $525,700 $85,000 $440,700
2018 $4,994 $525,700 $85,000 $440,700
2017 $4,930 $513,500 $85,000 $428,500
2016 $2,861 $494,700 $82,000 $412,700
2015 $778 $81,000 $81,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1609418

Central Virginia Regional MLS

APN: 708-68-40-24-200-000