NOT LISTED FOR SALE

503 Broadleaf Way Charlottesville, VA 22911

Estimated Value: $737,000 - $814,000

5 Beds
3.5 Baths
3,806 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $690,000 $181 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,895/month

4 Days on Market

Highlights

  • Outdoor Pool
  • Private Lot
  • Partially Wooded Lot
  • Hollymead Elementary School Rated A
  • Multiple Fireplaces
  • Wood Flooring

About This Home

As of July 2022

Welcome home to this fabulous 5 bedroom, 3 1/2 bath home in desirable Forest Lakes South, move-in ready with many upgrades. Great cul-de-sac location with private back yard.

Last Listed By

Debbie Crevier Kent

COTTAGE STREET REALTY, LLC License #0225030213 Listed on: 05/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,931

Year Built

  • Built in 2001

Lot Details

  • 0.42 Acre Lot
  • Private Lot
  • Partially Wooded Lot
  • Property is zoned PUD Planned Unit Development

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Multiple Fireplaces
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Transom Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Convection Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Glass Frame Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Vanity
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Automatic Garage Door Opener

Pool

  • Outdoor Pool

Schools

  • Hollymead Elementary School
  • Lakeside Middle School
  • Albemarle High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 046B600NN01000

Community Details

Overview

  • Association fees include area maint, club house, exercise room, pool, tennis, trash pickup
  • Built by ERD WADE
  • Forest Lakes South Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,931

Year Built

Built in 2001

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Above Grade Finished Sq Ft: 2750
  • Animal: Domestic Pets
  • Below Grade Total Sq Ft: 1470
  • Design: Traditional
  • L V T Date: 05/19/2022
  • Parcel Number: 046B600NN01000
  • Price Per Sq Ft: 181.29
  • Show Bldr Nameto Public: Yes
  • Total Sq Ft: 4792
  • Total Unfinished Sq Ft: 986
  • Type of Construction: On Site Built
  • Zoning: PUD Planned Unit Development
  • Subdivision: FOREST LAKES SOUTH
  • Comments: Yes
  • Concatenated Rooms1: |
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Unfinished Below Grade Sq Ft: 414
  • Fireplace: Gas, Gas Logs, Glassed-in, One
  • Laundry: Dryer, Large Sink, Washer
  • Basement Type: Full, Heated, Outside Entrance, Walk Out, Windows
  • Total Finished Sq Ft: 3806
  • Above Grade Finished Sq Ft: 2750
  • Basement: Yes
  • Below Grade Finished Sq Ft: 1056
  • Fireplace Location: Family Room
  • Foundation: Concrete Block, Poured Concrete
  • Kitchen Appliances Feat: Breakfast Nook, Dishwasher, Disposal, Double Oven, Eat-in, Gas Range, Island, Microwave, Pantry, Refrigerator, Wall Oven, Convection Oven
  • Kitchen Cabinets Counters: Glass Front Cabinets, Quartz Counter, White Cabinets
  • Land Description: Partly Wooded, Private
  • Level: 2 Story
  • Bathrooms: 3.5
  • Number Beds: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Room Types: Bedroom, Bonus Room, Dining Room, Exercise Room, Family Room, Foyer, Full Bath, Home Office, Kitchen, Laundry, Living Room, Study/Library, Master Bathroom
  • Source of Sq Ft: Public Records

Exterior Features

  • Homebuilder: ERD WADE
  • Exterior: Brick, Vinyl
  • Number Of Acres: 0.42
  • Pool: Yes
  • Pool: Community
  • Roof: Composition Shingle
  • Structure Deck Porch: Deck, Patio - Covered, Patio, Porch, Porch - Front, Porch - Rear
  • Structure Features: Dual Vanities, Whirlpool/Jetted Tub
  • Structure Floors: Carpet, Ceramic Tile, Hardwood
  • Structure Security: Security System, Smoke Detector(s)
  • Structure Window Ceiling: 10' Ceilings, 8' Ceilings, 9' Ceilings, Screens, Tilt Sash Windows, Transom, Vinyl Clad Windows
  • View: Residential View

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 572
  • Garage Features: Attached, Auto Door, Electricity, Faces Side
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 572

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Heat Pump, Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Association Contact: Grace Eliff
  • Association Fee: HOA
  • Association Frequency: Quarterly
  • Association Includes: Area Maint, Club House, Exercise Room, Pool, Tennis, Trash Pickup
  • Association Fee: 286

Schools

  • Elementary School: Hollymead
  • Middle School: LAKESIDE
  • High School: Albemarle

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2022
  • Taxes: 4931

MLS Schools

  • HighSchool: Albemarle
  • Middle School: LAKESIDE
  • Elementary School: Hollymead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 19, 2022
Sold by
Root Nathan C and Root Jennifer L
Bought by
Knewstep-Watkins Kevin Michelle and Watkins Spencer Terence
Seller's Agent
Debbie Crevier Kent
COTTAGE STREET REALTY, LLC
Buyer's Agent
Denise Ramey
LONG & FOSTER - CHARLOTTESVILLE WEST
List Price
$690,000
Sold Price
$690,000
Total Days on Market
4
Current Estimated Value
$772,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,369
Avg. Annual Appreciation
4.11%
Original Mortgage
$552,000
Outstanding Balance
$530,303
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$242,066

Purchase Details

Listed on
Oct 7, 2013
Closed on
Apr 21, 2014
Sold by
Xu Zhi Jing and Liu Yuan
Bought by
Root Nathan C and Root Jennifer
Seller's Agent
Tara Savage
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
Charles Mcdonald
CHARLOTTESVILLE SOLUTIONS
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$64,400
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2011
Closed on
Feb 7, 2012
Sold by
Katz Adam J and Katz Lisa
Bought by
Xu Zhi Jing and Liu Yuan
Seller's Agent
Lori Meistrell
NEST REALTY GROUP
Buyer's Agent
Peg Gilliland
CHARLOTTESVILLE SOLUTIONS
List Price
$539,000
Sold Price
$533,000
Premium/Discount to List
-$6,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.17%
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Knewstep-Watkins Kevin Michelle $690,000 Old Republic National Title
Root Nathan C $503,100 Old Republic National Title
Xu Zhi Jing $533,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knewstep-Watkins Kevin Michelle $552,000
Previous Owner Root Nathan C $452,000
Previous Owner Root Natham C $449,500
Previous Owner Root Nathan C $64,400
Previous Owner Root Nathan C $417,000
Previous Owner Xu Zhi Jing $417,000
Previous Owner Katz Adam J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2022 07/20/22 Sold $690,000 0.0% $181 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $690,000 +29.0% $181 / Sq Ft
04/21/2014 04/21/14 Sold $535,000 -2.7% $141 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $549,900 +3.2% $144 / Sq Ft
02/27/2012 02/27/12 Sold $533,000 -1.1% $140 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
11/22/2011 11/22/11 For Sale $539,000 -- $142 / Sq Ft
Source: Charlottesville area Association of Realtors®

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
2024 -- $737,800 $170,300 $567,500
2023 $6,213 $727,500 $183,600 $543,900
2022 $4,931 $577,400 $172,500 $404,900
2021 $4,582 $536,500 $172,500 $364,000
2020 $4,543 $532,000 $172,500 $359,500
2019 $4,548 $532,500 $172,500 $360,000
2018 $4,057 $489,400 $172,500 $316,900
2017 $4,009 $477,800 $144,700 $333,100
2016 $4,305 $513,100 $144,300 $368,800
2015 $2,143 $523,300 $144,300 $379,000
2014 -- $503,100 $144,300 $358,800
Source: Public Records

Agents Affiliated with this Home

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Source: Charlottesville area Association of Realtors®

MLS Number: 630637

Charlottesville area Association of Realtors®

APN: 046B6-00-NN-01000