NOT LISTED FOR SALE

5030 Faraday Dr Chester, VA 23831

Estimated Value: $498,000 - $547,000

5 Beds
3.5 Baths
3,496 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $499,000 $143 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,143/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Main Floor Bedroom
  • Loft
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Corner Lot

About This Home

As of November 2024

WELCOME HOME!!! Looking for a HOME that your FAMILY can grow in and enjoy? This is the HOME for you! Featuring 3,496SF of living space, with 5 Bedrooms and 3.5 Baths, prominently located on a large corner lot. First floor features a welcoming Foyer with a hall closet & Half Bath, formal Dining and Living Rooms, and a Primary Bedroom with its own en-suite Full Bath. Continue on to a spacious Family Room with vaulted ceilings & gas Fireplace, and an inviting Kitchen with a cozy Dining/eat-in area flanked by windows. Laundry Room with garage access is located off of the dining area. Upstairs, an open Loft overlooks the Family Room, and 3 Bedrooms & a hallway Full Bath. Off to the end of the house, a 5th Bedroom, currently used as an Entertainment/Media room with its own Full Bath, completes the 2nd floor. Additional features includes a screened-in Deck to enjoy meals and gather with family & friends, 2 car garage, and a spacious yard with detached shed. Make this your HOME by adding your personal details to make it more inviting and relaxing! IT'S TIME TO COME HOME!

Last Agent to Sell the Property

Lil Racelis

KW Metro Center Brokerage Phone: (804) 858-9000 License #0225176416 Listed on: 08/01/2024

KW Metro Center

Last Buyer's Agent

Kelly Rivers

United Real Estate Richmond License #0225224862

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 2003

Lot Details

  • 0.58 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Zoning described as R15

HOA Fees

  • $15 Monthly HOA Fees

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,496 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Bay Window
  • Formal Dining Room
  • Loft
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Shed

Schools

  • Wells Elementary School
  • Carver Middle School
  • Matoaca High School

Utilities

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

Listing and Financial Details

  • Exclusions: Washer/Dryer/Dining Room Chandelier
  • Tax Lot 17
  • Assessor Parcel Number 786-64-39-21-800-000

Community Details

Overview

  • Stoney Glen South Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 2003

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Property Attached Yn: No
  • Attribution Contact: (804) 858-9000
  • Lot Size Acres: 0.576
  • Exclusions: Washer/Dryer/Dining Room Chandelier
  • Ownership: Individuals
  • Subdivision Name: Stoney Glen South
  • 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: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Bay Window, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Fireplace, Jetted Tub, Loft, Pantry, Solid Surface Counters, Central Vacuum
  • Living Area: 3496.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Porch, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Screened, Porch
  • 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: Electric, Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association
  • Association Fee: 175.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Snow Removal

Schools

  • Middle Or Junior School: Carver

Lot Info

  • Parcel Number: 786-64-39-21-800-000
  • Zoning Description: R15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4000.36
  • Tax Lot: 17

MLS Schools

  • Elementary School: Wells
  • High School: Matoaca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Nov 8, 2024
Sold by
Walker Gwendolyn P and Walker Franklin
Bought by
Smith Maurice
Seller's Agent
Lil Racelis
KW Metro Center
Buyer's Agent
Kelly Rivers
United Real Estate Richmond
List Price
$499,000
Sold Price
$499,000
Views
195
Current Estimated Value
$522,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,484
Avg. Annual Appreciation
4.48%
Original Mortgage
$472,191
Outstanding Balance
$467,490
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$54,994

Purchase Details

Closed on
Apr 12, 2017
Sold by
Walker Gwendolyn P
Bought by
Walker Gwendolyn P and Walker Franklin

Purchase Details

Closed on
May 2, 2003
Sold by
M & F Of Richmond Inc
Bought by
Walker Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
The Reeds Landing Corp
Bought by
M And F Of Richmond
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
Smith Maurice $499,000 First Title
Smith Maurice $499,000 First Title
Walker Gwendolyn P -- None Available
Walker Franklin $277,500 --
M And F Of Richmond $47,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Maurice $472,191
Closed Smith Maurice $472,191
Previous Owner Walker Franklin $222,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $499,000 0.0% $143 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $499,000 -- $143 / 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 $4,520 $505,000 $85,000 $420,000
2024 $4,520 $479,200 $75,000 $404,200
2023 $4,000 $439,600 $69,000 $370,600
2022 $3,906 $424,600 $66,000 $358,600
2021 $3,576 $373,800 $62,000 $311,800
2020 $3,412 $359,200 $62,000 $297,200
2019 $3,310 $348,400 $62,000 $286,400
2018 $3,228 $339,800 $62,000 $277,800
2017 $3,262 $339,800 $62,000 $277,800
2016 $3,175 $330,700 $62,000 $268,700
2015 $3,200 $330,700 $62,000 $268,700
2014 $3,251 $336,000 $62,000 $274,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2420195

Central Virginia Regional MLS

APN: 786-64-39-21-800-000