NOT LISTED FOR SALE

Estimated Value: $637,000 - $797,000

5 Beds
4 Baths
3,042 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $499,000 $164 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,153/month

160 Days on Market

Highlights

  • New Construction
  • Outdoor Pool
  • Deck
  • Cosby High School Rated A
  • Custom Home
  • Wood Flooring

About This Home

As of August 2021

WELCOME TO THE HILLCREST, A STUNNING FLOOR PLAN BY COVENANT BUILDING AND DESIGN! This Beautiful Modern Farmhouse is Located in the Prestigious Neighborhood of Summer Lake w Top Ranked Schools & Loads of Amenities - This is the Perfect Place to Call Home! Featuring 5 BR, 4 BA, & 3,042 sq ft, this Open Plan Offers Everything You Need. Welcoming Foyer Opens to Private Office w/Wainscoting & HDWD. Family Room Boasts Gas Fireplace w/Slate Surround. Whip up Gourmet Meals in Gorgeous Kitchen w/Granite Counters, SS Appliances, Walk-In Pantry & Center Island w/Bar Seating. Bright Morning Room Leads to Outdoor Space Revealing Private Backyard Retreat. Flex Space is Offered w/First Floor Guest BR or Potential Study/Work Space. Second Floor Contains 4 Bedrooms & 3 Full Baths. Owners Suite Shines w/Custom WI Closet & Luxurious Ensuite Bath. 2 Car Attached Garage. Located Near Swift Creek Reservoir, Summer Lake Offers Tons of Amenities Such as Clubhouse, 24/7 Fitness Center, Pool, Waterpark, Basketball Court, Playgrounds, Lighted Tennis Courts & Extensive Walking Trails. Property is Ideally Situated in Quiet Area but Still in Close Proximity to Hull St, Powhite Pkwy & Rt 288 for Easy Commuting.

Last Agent to Sell the Property

Kyle Yeatman

Long & Foster REALTORS License #0225213901 Listed on: 08/14/2020

Long & Foster REALTORS

Last Buyer's Agent

Jason Johnson

EXP Realty LLC License #0225233495

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $808

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.28 Acre Lot
  • Zoning described as R12

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Home to be built
  • Custom Home
  • Farmhouse Style Home
  • Modern Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,042 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity

Outdoor Features

  • Outdoor Pool
  • Deck
  • Front Porch
  • Stoop

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Oil
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 049
  • Assessor Parcel Number 708-68-34-17-800-000

Community Details

Overview

  • Summer Lake Subdivision
  • The community has rules related to allowing corporate owners

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$808

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$102 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Property Attached Yn: No
  • Lot Size Acres: 0.2802
  • Ownership: Corporate
  • Subdivision Name: Summer Lake
  • Architectural Style: Custom, Farmhouse, Modern
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: To Be Built
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Dining Area, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Bath in Primary Bedroom, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 3042.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: Community, Pool
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Patio And Porch Features: Deck, Front Porch, Stoop
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Heating: Multi-Fuel, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 305.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 708-68-34-17-800-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 808.0
  • Tax Lot: 049

MLS Schools

  • Elementary School: Grange Hall
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Jul 8, 2021
Sold by
Gregoire Development Corp
Bought by
Mcstay Patrick Edward and Mcstay Jessica Lane
Seller's Agent
Kyle Yeatman
Long & Foster REALTORS
Buyer's Agent
Jason Johnson
EXP Realty LLC
List Price
$524,997
Sold Price
$499,000
Premium/Discount to List
-$25,997
-4.95%
Current Estimated Value
$685,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,015
Avg. Annual Appreciation
7.59%
Original Mortgage
$374,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2020
Sold by
Base Camp Development Co
Bought by
Gregoire Development Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcstay Patrick Edward $499,000 Attorney
Mcstay Patrick Edward $499,000 Fidelity National Title
Mcstay Patrick Edward $499,000 Fidelity National Title
Gregoire Development Corp $98,000 Atlantic Coast Stlmnt Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcstay Patrick Edward $374,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $499,000 -5.0% $164 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
08/14/2020 08/14/20 For Sale $524,997 -- $173 / 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 $5,415 $605,600 $115,000 $490,600
2024 $5,415 $595,600 $105,000 $490,600
2023 $4,996 $549,000 $100,000 $449,000
2022 $4,823 $524,200 $94,000 $430,200
2021 $846 $89,000 $89,000 $0
2020 $827 $87,000 $87,000 $0
2019 $808 $85,000 $85,000 $0
2018 $812 $85,000 $85,000 $0
2017 $816 $85,000 $85,000 $0
2016 $787 $82,000 $82,000 $0
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: 2023129

Central Virginia Regional MLS

APN: 708-68-34-17-800-000