NOT LISTED FOR SALE

4905 Terrace Arbor Cir Unit 4905 Midlothian, VA 23112

Estimated Value: $390,260 - $413,000

3 Beds
2.5 Baths
2,195 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 04, 2017

Last sale price $242,000 $110 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,658/month

76 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Colonial Architecture
  • Clover Hill High Rated A
  • 24.92 Acre Lot
  • Clubhouse

About This Home

As of August 2017

Maintenance Free Living in Superb Location! Spacious, light filled townhome with new carpet and paint. Great for entertaining with open floor plan. Downstairs you'll find wood floors in the foyer, eat-in kitchen and formal dining room for years of durability. The vaulted family room w/skylights is the perfect place to unwind and offers a gas fireplace and access & views to the patio. The master suite is roomy w/huge walk-in closet and luxury bath with shower and soaking tub. Upstairs you will find 2 guest bedrooms, BOTH with walk-in closets and shared hall bath, and a loft/flex space; ideal for a home office, exercise room, den, craft space or play room. Extras include: Central Air, warm gas heat, poured concrete patio and 1-car garage. HOA covers weekly trash pick-up, all yard work, snow removal, exterior painting/repairs, irrigation maintenance, pool & clubhouse w/exercise center. Convenient location close to 288 (without having to use 360) which makes your commute a breeze to Richmond and beyond. Walking distance/short drive to Uptown Alley and Commonwealth Center's wonderful shops; Fresh Market, Pier 1, Kohls, Office Max, Old Navy and the list goes on. Be sure to see pictures.

Last Agent to Sell the Property

Mark Adams

EXP Realty LLC License #0225045467 Listed on: 04/14/2017

EXP Realty LLC

Last Buyer's Agent

Mark Adams

EXP Realty LLC License #0225045467 Listed on: 04/14/2017

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 2009

Lot Details

  • Sprinkler System

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,195 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Bay Window
  • French Doors
  • Insulated Doors
  • Separate Formal Living Room
  • Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Double Vanity

Home Security

Outdoor Features

  • Outdoor Pool
  • Patio
  • Rear Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 735-67-51-49-000-059

Community Details

Overview

  • Terraces At Swift Creek Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,405

Year Built

Built in 2009

Lot Details

0

HOA Fees

$262 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2009
  • Property Attached Yn: Yes
  • Lot Size Acres: 24.918
  • Ownership: Individuals
  • Subdivision Name: Terraces At Swift Creek
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Appliances: Dishwasher, Electric Cooking, Disposal, Microwave, Smooth Cooktop
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Insulated Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bay Window, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting
  • Living Area: 2195.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Covered, Direct Access, Driveway, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Home Owners Association, Pool
  • Amenities: Landscaping, Management
  • Association Fee: 262.15
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Structure, Pool(s), Snow Removal, Trash

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 735-67-51-49-000-059
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2405.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Aug 1, 2017
Sold by
Thrower Peggie W and Addington Julie M T
Bought by
Rice Michael S and Rice Toni T
Seller's Agent
Mark Adams
EXP Realty LLC
Buyer's Agent
Mark Adams
EXP Realty LLC
List Price
$270,000
Sold Price
$242,000
Premium/Discount to List
-$28,000
-10.37%
Current Estimated Value
$402,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,565
Avg. Annual Appreciation
6.44%
Original Mortgage
$181,500
Outstanding Balance
$151,565
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$251,000

Purchase Details

Closed on
Jul 27, 2010
Sold by
Townes @ Swift Creek Dev Llc
Bought by
D O Allen Homes 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
Rice Michael S $242,000 Attorney
D O Allen Homes Inc $239,935 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Michael S $181,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2017 08/04/17 Sold $242,000 -3.2% $110 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
06/16/2017 06/16/17 Price Changed $249,950 -3.0% $114 / Sq Ft
05/30/2017 05/30/17 Price Changed $257,750 -1.6% $117 / Sq Ft
05/12/2017 05/12/17 Price Changed $262,000 -3.0% $119 / Sq Ft
04/14/2017 04/14/17 For Sale $270,000 -- $123 / 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 $3,149 $353,000 $64,000 $289,000
2024 $3,149 $340,300 $61,000 $279,300
2023 $3,013 $331,100 $61,000 $270,100
2022 $2,689 $292,300 $59,000 $233,300
2021 $2,659 $279,100 $59,000 $220,100
2020 $2,529 $266,200 $59,000 $207,200
2019 $2,391 $251,700 $57,000 $194,700
2018 $2,249 $236,700 $57,000 $179,700
2017 $2,405 $250,500 $57,000 $193,500
2016 $2,405 $250,500 $57,000 $193,500
2015 $2,417 $250,500 $57,000 $193,500
2014 $2,178 $226,900 $49,000 $177,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1713629

Central Virginia Regional MLS

APN: 735-67-51-49-000-059