NOT LISTED FOR SALE

501 Colony Oak Ln Midlothian, VA 23114

Estimated Value: $560,384 - $630,000

4 Beds
2.5 Baths
2,904 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $565,000 $195 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,618/month

2 Days on Market

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • Deck
  • J B Watkins Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of August 2023

Take a look at 501 Colony Oak Lane in the highly sought after Charter Colony! This home is on a corner lot and cul-de-sac! Home has been meticulously well-cared for and is completely turn-key! As you walk in you are greeted by a spacious, two-story foyer! The kitchen features a huge kitchen island, granite countertops, gas cooking and ample cabinet and counter space. The kitchen is open to the family room, which features a gas fireplace. Formal dining and living rooms. Upstairs you will find the primary suite with his and her walk-in closets and en-suite bath with double vanity, soaking tub, and shower. Three other well-sized bedrooms, full bath, and laundry area round out the 2nd floor. The third floor could easily be finished! Air conditioning units were replaced in 2020 and 2022. Great deck for entertaining and two car garage! Take a look at this stunning home this weekend and joined this great community! Great access to shopping, entertainment, dining, and easy access to 288!

Last Agent to Sell the Property

Will Rinehardt

CapCenter License #0225217782 Listed on: 07/19/2023

Last Buyer's Agent

Ryan Traudt

Real Broker LLC License #0225228558

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,994

Year Built

  • Built in 2009

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Zoning described as R9

HOA Fees

  • $80 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • HardiePlank Type

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Outdoor Pool
  • Deck

Schools

  • Watkins Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 723-70-60-84-900-000

Community Details

Overview

  • Haywood Village At Charter Colony Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,994

Year Built

Built in 2009

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2009
  • Property Attached Yn: No
  • Lot Size Acres: 0.33
  • Ownership: Individuals
  • Subdivision Name: Haywood Village At Charter Colony
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, Bath in Primary Bedroom, Pantry, Walk-In Closet(s)
  • Living Area: 2904.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Lot Features: Cul-De-Sac
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Brick, Drywall, HardiPlank Type, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Common Grounds/Area, Clubhouse, Home Owners Association, Playground, Pool, Street Lights
  • Association Fee: 240.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 723-70-60-84-900-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3994.0
  • Tax Lot: 35

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Jul 28, 2023
Sold by
Chittoori Prasad and Chittoori Sujatha
Bought by
Traudt James and Traudt Lori
Seller's Agent
Will Rinehardt
CapCenter
Buyer's Agent
Ryan Traudt
Real Broker LLC
List Price
$565,000
Sold Price
$565,000
Views
50
Current Estimated Value
$597,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,596
Avg. Annual Appreciation
2.84%

Purchase Details

Closed on
Sep 2, 2009
Sold by
Nvr Inc
Bought by
Chittoori Prasad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,552
Interest Rate
5.31%
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
Traudt James $565,000 Sage Title
Chittoori Prasad $329,440 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chittoori Prasad $242,000
Previous Owner Chittoori Prasad $248,000
Previous Owner Chittoori Prasad $260,000
Previous Owner Chittoori Prasad $263,552
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $565,000 0.0% $195 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $565,000 -- $195 / 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 $4,587 $512,600 $96,000 $416,600
2024 $4,587 $503,100 $96,000 $407,100
2023 $4,373 $480,600 $96,000 $384,600
2022 $3,994 $434,100 $93,000 $341,100
2021 $3,632 $379,700 $91,000 $288,700
2020 $3,607 $379,700 $91,000 $288,700
2019 $3,497 $368,100 $90,000 $278,100
2018 $3,564 $375,200 $90,000 $285,200
2017 $3,602 $375,200 $90,000 $285,200
2016 $3,499 $364,500 $90,000 $274,500
2015 $3,337 $346,300 $90,000 $256,300
2014 $3,181 $328,700 $82,000 $246,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2317274

Central Virginia Regional MLS

APN: 723-70-60-84-900-000