NOT LISTED FOR SALE

5037 Clear Ridge Terrace Midlothian, VA 23112

Estimated Value: $375,740

3 Beds
2.5 Baths
1,696 Sq Ft
$222/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $335,000 $198 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,308/month

8 Days on Market

Highlights

  • Colonial Architecture
  • Separate Formal Living Room
  • Breakfast Area or Nook
  • Deck
  • Granite Countertops
  • Cul-De-Sac

About This Home

As of February 2023

Remodeled throughout. LVP flooring throughout the entire house. Kitchen features quartz countertops with stainless undermount sink, new stove, dishwasher, microwave, garbage disposal. Master bath has new quartz top on vanity. Fresh paint throughout. Make you appointment to see this beautiful home today.

Last Agent to Sell the Property

Charles Coates

Metro Realty Services Inc License #0225221028 Listed on: 01/02/2023

Last Buyer's Agent

Jessica Paz

Real Broker LLC License #0225251704

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,294

Year Built

  • Built in 1998

Lot Details

  • 9,191 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Zoning described as R9

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Separate Formal Living Room
  • Dining Area
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Crenshaw Elementary School
  • Bailey Bridge Middle School
  • Manchester High School

Utilities

  • Cooling Available
  • Heating Available
  • Water Heater

Community Details

  • Clay Pointe Subdivision

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 741-67-88-70-800-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,294

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1998
  • Property Attached Yn: No
  • Lot Size Acres: 0.211
  • Ownership: Corporate
  • Subdivision Name: Clay Pointe
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • 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: Vinyl
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Granite Counters, Pantry, Walk-In Closet(s)
  • Living Area: 1696.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: Fenced, Partial
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric
  • Cooling: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 741-67-88-70-800-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2294.0
  • Tax Lot: 83

MLS Schools

  • Elementary School: Crenshaw
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Jan 25, 2023
Sold by
Platinum Premier Properties Corporation
Bought by
Garcia Boris Antonio Ruiz
Seller's Agent
Charles Coates
Metro Realty Services Inc
Buyer's Agent
Jessica Paz
Real Broker LLC
List Price
$335,000
Sold Price
$335,000
Views
77
Current Estimated Value
$375,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,740
Avg. Annual Appreciation
4.64%
Original Mortgage
$268,000
Outstanding Balance
$260,216
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$115,524

Purchase Details

Closed on
Apr 7, 2016
Sold by
Pfeifer Kerry L
Bought by
Platinum Properties Corp

Purchase Details

Closed on
Jun 7, 2010
Sold by
Tench Michael E
Bought by
Thompson Kerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,422
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1998
Bought by
Tench Mcihael E and Tench Marchetta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,929
Interest Rate
6.98%
Mortgage Type
FHA
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
Garcia Boris Antonio Ruiz $335,000 First American Title
Platinum Properties Corp $174,000 Attorney
Thompson Kerry L $194,000 --
Tench Mcihael E $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Boris Antonio Ruiz $268,000
Previous Owner Thompson Kerry L $191,422
Previous Owner Tench Micahel E $174,400
Previous Owner Tench Mcihael E $114,929
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $335,000 0.0% $198 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/02/2023 01/02/23 For Sale $335,000 -- $198 / 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 $3,114 $347,100 $70,000 $277,100
2024 $3,114 $330,200 $68,000 $262,200
2023 $2,492 $273,900 $65,000 $208,900
2022 $2,294 $249,300 $60,000 $189,300
2021 $2,317 $236,900 $60,000 $176,900
2020 $2,159 $227,300 $60,000 $167,300
2019 $2,100 $221,100 $60,000 $161,100
2018 $1,967 $207,100 $55,000 $152,100
2017 $1,850 $192,700 $55,000 $137,700
2016 $1,732 $180,400 $55,000 $125,400
2015 $1,723 $176,900 $55,000 $121,900
2014 $1,685 $172,900 $53,000 $119,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2300078

Central Virginia Regional MLS

APN: 741-67-88-70-800-000