NOT LISTED FOR SALE

507 Village Gate Dr Midlothian, VA 23114

Estimated Value: $357,000 - $370,794

3 Beds
2.5 Baths
1,400 Sq Ft
$261/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $230,000 $164 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,168/month

8 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Oversized Parking
  • J B Watkins Elementary School Rated A-
  • Front Porch
  • Eat-In Kitchen

About This Home

As of May 2020

Move in ready, freshly updated, and in one of the top rated school districts in the state. New flooring and paint throughout, located on a corner lot. Downstairs features a large open eat-in kitchen with pantry, a large living room, a laundry room, and half bath. A master bedroom with two closets and master bath is located upstairs along with two additional bedrooms and a large hall bath. Upstairs storage includes a linen closet with additional storage in a pop up attic. All appliances convey and are less than five years from purchase, including a brand-new self-cleaning range. HVAC only three years old, water heater less than ten. Minutes from grocery store, shopping and less than a mile to Elementary, Middle, and High School.

Last Agent to Sell the Property

Linwood Boswell

BHHS PenFed Realty License #0225240270 Listed on: 03/13/2020

BHHS PenFed Realty

Last Buyer's Agent

Eric Hughes

United Real Estate Richmond License #0225073007

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,714

Year Built

  • Built in 2003

Lot Details

  • 0.36 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Zoning described as RTH

Home Design

  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Awning
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range with Range Hood
  • Ice Maker
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Oversized Parking
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Front Porch

Schools

  • Watkins Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater
  • High Speed Internet

Community Details

  • Sycamore Village Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 729-70-65-82-700-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,714

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Property Attached Yn: No
  • Lot Size Acres: 0.355
  • Ownership: Individuals
  • Subdivision Name: Sycamore Village
  • Architectural Style: 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: Carpet, Vinyl
  • Basement: Crawl Space
  • Appliances: Exhaust Fan, Electric Water Heater, Disposal, Ice Maker, Range, Refrigerator, Range Hood, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Dining Area, Eat-in Kitchen, Granite Counters, High Speed Internet, Pantry, Wired for Data, Walk-In Closet(s)
  • Living Area: 1400.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Chain Link
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Vinyl Siding, Wood Siding
  • Exterior Features: Awning(s), Lighting, Porch, Storage, Shed, Unpaved Driveway
  • Patio And Porch Features: Front Porch, Side Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Oversized, Unpaved

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 729-70-65-82-700-000
  • Zoning Description: RTH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1714.0
  • Tax Lot: 41

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2003
Sold by
Capitol Builders Inc
Bought by
Hillary Marcia L
Current Estimated Value
$365,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$40,586
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
$327,332
Source: Public Records

Range of Values:

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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
Hillary Marcia L $123,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillary Marcia L $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $230,000 0.0% $164 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $230,000 -- $164 / 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 $2,660 $296,100 $57,000 $239,100
2024 $2,660 $294,600 $57,000 $237,600
2023 $2,449 $269,100 $52,000 $217,100
2022 $2,206 $239,800 $47,000 $192,800
2021 $2,152 $223,900 $47,000 $176,900
2020 $1,967 $207,100 $47,000 $160,100
2019 $1,826 $192,200 $46,000 $146,200
2018 $1,786 $180,400 $45,000 $135,400
2017 $1,808 $183,100 $45,000 $138,100
2016 $1,573 $163,900 $42,000 $121,900
2015 $1,577 $161,700 $42,000 $119,700
2014 $1,600 $164,100 $42,000 $122,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2008062

Central Virginia Regional MLS

APN: 729-70-65-82-700-000