NOT LISTED FOR SALE

505 Lancey Dr Midlothian, VA 23114

Estimated Value: $512,000 - $526,000

4 Beds
2 Baths
2,515 Sq Ft
$207/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $279,950 $111 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,080/month

7 Days on Market

Highlights

  • Wood Flooring
  • J B Watkins Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2014

The right neighborhood at the right price. If you thought it would take a couple years to find a home in this charming Walton Park neighborhood, close to everything Midlothian has to offer, think again!! This 4 bedroom, 2.5 bath home includes a well-maintained exterior w/ fresh paint this year, newer HVAC system, large rear screened in patio, partially-fenced rear yard, oversize 2-car attached garage, a newer roof, large paved driveway, beautiful landscaping, and an elevated rear yard. This Walton Park home also has a formal living room, formal dining room, family room with wood burning brick fireplace, eat in kitchen, walk up attic with lots of storage, walk-in closet space, a 2nd-floor laundry room, as well as updated light and bathroom fixtures. The addition of several skylights through out home bring in abundant natural light. The home has been meticulously maintained and a recent Burgess Inspection can be shared! The sellers are sad to leave, as they have enjoyed the neighborhood pool and clubhouse and raising their children here. A great neighborhood for creating lifelong friendships for you and your kids. Welcome to Walton Park!

Last Agent to Sell the Property

Ty Dwyer

First Choice Realty License #0225073354 Listed on: 08/07/2014

Last Buyer's Agent

Tracy Kerzanet

The Kerzanet Group LLC License #0225076989

Home Details

Home Type

  • Single Family

Year Built

  • 1986

Lot Details

  • 0.3

Home Design

  • Dimensional Roof
  • Composition Roof

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 2 Levels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 734-703-79-68-00000

Home Details

Home Type

Single Family

Year Built

1986

Lot Details

0

Listing Details

  • Structure: Block, Brick
  • Price Per Finished Sq Ft: 111.31
  • Items Not Included: washer and dryer
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Appliances Equipment: Attic Fan, Dishwasher, Disposal, Exhaust Fan, Ice Maker, Oven
  • Flooring: Carpet-W-W, Tile, Vinyl, Wood
  • Interior: Built In Cabinet/Bookcases, Cable TV, Cathedral Ceiling, Ceiling Fan, Dining Area, Double Vanity, Eat-In-Kitchen, Formal Dining Room, MBR Bath, Skylight
  • Number of Rooms: 9
  • Fireplace: Wood Burning
  • Total Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Walk-Up
  • Number Of Levels: 2.00

Exterior Features

  • Fence: Board, Part Fenced, Rear Only
  • Porch: Rear, Screened
  • Exterior: Screens
  • Pool Description: Community/Off Site, Membership Req
  • Roof: Composition, Dimensional
  • Siding: Hardboard
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: Attached, Direct Entry, Workshop
  • Number Of Cars: 2
  • Parking: Paved Driveway

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Association/Amenities

  • Amenities: Clubhouse, Kiddie Pool, Lifeguard, Playground

Lot Info

  • Zoning: R12 - ONE FAMILY RES
  • Lot: 060
  • Lot Description: Cleared, Curb/Gutters, Landscaped
  • Parcel Number: 734-703-79-68-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Sep 11, 2014
Sold by
Williams David A
Bought by
Carr Christopher D
Seller's Agent
Ty Dwyer
First Choice Realty
Buyer's Agent
Tracy Kerzanet
The Kerzanet Group LLC
List Price
$279,950
Sold Price
$279,950
Current Estimated Value
$520,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,827
Avg. Annual Appreciation
5.65%
Original Mortgage
$186,594
Outstanding Balance
$142,744
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$378,033

Purchase Details

Closed on
Jul 16, 1999
Sold by
Harnsberger Wilbur T
Bought by
Williams David A and Williams Lisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,450
Interest Rate
7.39%
Mortgage Type
New Conventional
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
Carr Christopher D $279,950 --
Williams David A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carr Christopher D $186,594
Previous Owner Williams David A $161,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2014 09/29/14 Sold $279,950 0.0% $111 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $279,950 -- $111 / 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 $4,283 $478,400 $81,000 $397,400
2024 $4,283 $427,500 $76,000 $351,500
2023 $3,438 $377,800 $73,000 $304,800
2022 $3,394 $368,900 $68,000 $300,900
2021 $3,116 $325,400 $66,000 $259,400
2020 $3,044 $320,400 $65,000 $255,400
2019 $2,978 $313,500 $65,000 $248,500
2018 $2,948 $310,300 $66,000 $244,300
2017 $2,892 $301,300 $66,000 $235,300
2016 $2,857 $297,600 $64,000 $233,600
2015 $2,758 $284,700 $62,000 $222,700
2014 $2,656 $274,100 $60,000 $214,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1422216

Central Virginia Regional MLS

APN: 734-70-37-96-800-000