NOT LISTED FOR SALE

5042 Clear Ridge Terrace Midlothian, VA 23112

Estimated Value: $368,000 - $399,000

3 Beds
2.5 Baths
1,840 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $350,000 $190 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,357/month

2 Days on Market

Highlights

  • Colonial Architecture
  • Separate Formal Living Room
  • Thermal Windows
  • Deck
  • Corner Lot
  • Front Porch

About This Home

As of May 2023

Centrally located off 288 and 360 this beautiful Colonial in lovely Clay Pointe is the opportunity you've been waiting for! This home's flow is just seamless. The airy and inviting living room is quintessential in size and leads perfectly into an eat-in kitchen which boasts tiled floors, freshly painted cabinets, and tons of counterspace. Adjacent is an adorable area with loads of natural light and can be used as dedicated dining or your own flex space. But the gem of the first level is the massive bonus room. It's the perfect space for a den, home office, or rec room; yet big enough for all three! Primary is generous in size with a WIC and its own private en-suite. Bedrooms 2 and 3 are also well appointed with great storage and a dedicated bathroom. Other features include a newer roof (2021) and HVAC (2020) to put your mind at ease, and a private backyard with plenty of spaces to relax, enjoy, and entertain. Located only minutes from shopping, dining, and interstates, this opportunity will be really hard to beat. So call today to schedule your appointment and leave the checklist at home!

Last Agent to Sell the Property

Solomon Loftin

Samson Properties License #0225231015 Listed on: 03/03/2023

Samson Properties

Last Buyer's Agent

Susan McKinstry Morris

Joyner Fine Properties License #0225080996

Joyner Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,357

Year Built

  • Built in 1997

Lot Details

  • 9,583 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot
  • Sprinkler System
  • Zoning described as R9

Home Design

  • Colonial Architecture
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • French Doors
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space
  • Storm Doors

Kitchen

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

Flooring

  • Partially Carpeted
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Oversized Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Clay Pointe Subdivision

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 741-67-77-59-400-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,357

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Property Attached Yn: No
  • Lot Size Acres: 0.22
  • Ownership: Individuals
  • 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: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Laminate, Partially Carpeted
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Storm Door(s)
  • Interior Amenities: Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Laminate Counters, Bath in Primary Bedroom, Walk-In Closet(s)
  • Living Area: 1840.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Drywall, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Porch, Storage, Shed, Paved Driveway
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Oversized, Paved

Utilities

  • Heating: Electric, Heat Pump, Other
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 741-67-77-59-400-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2357.0
  • Tax Lot: 87

MLS Schools

  • Elementary School: Crenshaw
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Apr 7, 2023
Sold by
Harold Carly
Bought by
Winterrowd Patrick and Winterrowd Suzanne
Seller's Agent
Solomon Loftin
Samson Properties
Buyer's Agent
Susan McKinstry Morris
Joyner Fine Properties
List Price
$339,500
Sold Price
$350,000
Premium/Discount to List
$10,500
3.09%
Views
33
Current Estimated Value
$384,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,467
Avg. Annual Appreciation
3.06%
Original Mortgage
$332,500
Outstanding Balance
$323,133
Interest Rate
5.88%
Mortgage Type
Construction
Estimated Equity
$52,473

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 13, 2019
Sold by
Farmer Lonnie O and Wellman Mandy S
Bought by
Harold Carly
Seller's Agent
Holly Phillips
The Kerzanet Group LLC
Buyer's Agent
Solomon Loftin
Samson Properties
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$10,575
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 5, 2009
Sold by
Moore William R
Bought by
Farmer Ii Lonnie O and Wellman Mandy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2001
Sold by
Mcraney Robert K
Bought by
Moore William R
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
Winterrowd Patrick $350,000 Old Republic National Title
Harold Carly $235,000 First Title
Farmer Ii Lonnie O $185,000 --
Moore William R $128,000 --
Mcraney Robert K $111,210 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winterrowd Patrick $332,500
Previous Owner Harold Carly $10,575
Previous Owner Harold Carly $227,950
Previous Owner Farmer Ii Lonnie O $181,649
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $350,000 +3.1% $190 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $339,500 +44.5% $185 / Sq Ft
08/20/2019 08/20/19 Sold $235,000 0.0% $128 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $235,000 -- $128 / 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 $3,188 $355,400 $70,000 $285,400
2024 $3,188 $335,700 $68,000 $267,700
2023 $2,577 $283,200 $65,000 $218,200
2022 $2,357 $256,200 $60,000 $196,200
2021 $2,379 $243,500 $60,000 $183,500
2020 $2,200 $231,600 $60,000 $171,600
2019 $2,127 $223,900 $60,000 $163,900
2018 $1,823 $191,500 $55,000 $136,500
2017 $1,777 $179,900 $55,000 $124,900
2016 $1,608 $167,500 $55,000 $112,500
2015 $1,614 $165,500 $55,000 $110,500
2014 $1,566 $160,500 $53,000 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2304725

Central Virginia Regional MLS

APN: 741-67-77-59-400-000