NOT LISTED FOR SALE

503 Broadleaf Way Charlottesville, VA 22911

Estimated Value: $780,000 - $836,000

5 Beds
3.5 Baths
3,806 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 20, 2022

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

Est. 16% increase in value since last sale

Current estimated payment $4,890/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 Agent to Sell the Property

Debbie Crevier Kent

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

Last Buyer's Agent

Denise Ramey

LONG & FOSTER - CHARLOTTESVILLE WEST License #0225102217

LONG & FOSTER - CHARLOTTESVILLE WEST

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
  • 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
  • High Speed Internet
  • Cable TV Available

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
  • Cable Available: Cable, DSL
  • 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

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
Current Estimated Value
$798,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,512
Avg. Annual Appreciation
4.55%
Original Mortgage
$552,000
Outstanding Balance
$525,139
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$273,373

Purchase Details

Closed on
Apr 21, 2014
Sold by
Xu Zhi Jing and Liu Yuan
Bought by
Root Nathan C and Root Jennifer

Home Financials for this Owner

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

Purchase Details

Closed on
Feb 7, 2012
Sold by
Katz Adam J and Katz Lisa
Bought by
Xu Zhi Jing and Liu Yuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
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 $64,400
Previous Owner Root Nathan C $417,000
Previous Owner Xu Zhi Jing $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 -- $181 / 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
2025 $7,144 $799,100 $175,300 $623,800
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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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 630637

Charlottesville area Association of Realtors®

APN: 046B6-00-NN-01000