NOT LISTED FOR SALE

508 Wallingham Dr Midlothian, VA 23114

Estimated Value: $447,000 - $488,432

4 Beds
2.5 Baths
2,160 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $305,000 $141 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,931/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Oversized Parking
  • J B Watkins Elementary School Rated A-
  • 1.5 Car Garage
  • Eat-In Kitchen

About This Home

As of April 2020

Welcome to 508 Wallingam Drive.This lovely 4 bedroom,low maintenance white vinyl home with black shutters & inviting red door will grab your heart & attention from the moment you pull in the driveway! You will love the recently updated bright & sun filled spacious eat-in kitchen with it's lovely granite counter tops,white cabinetry and pantry for plenty of storage. Sought after hardwood flooring in living & dining rooms plus all 4 bedrooms. The inviting family room with it's floor to ceiling brick wood-burning fireplace featuring a beautiful mantle handcrafted from 1720's reclaimed Oak makes a stunning focal point. AND the AMAZING over sized, 2 story extended garage/workshop has to be seen to be believed: handyman's dream come true! The upper level of the garage with separate stairs/entrance makes a one of a kind art studio,office or playhouse. This is truly an amazing amenity. Other features of the home: new & newer windows throughout, 2016 roof,huge walk-up attic,spacious poured concrete driveway,home situated on almost a half acre lot,1st floor laundry room & wonderful drop-zone area,easy access to WestChester Commons & Rt.288 plus sought after schools. You will love this home!

Last Agent to Sell the Property

Connie Byers

Joyner Fine Properties License #0225211336 Listed on: 02/29/2020

Joyner Fine Properties

Last Buyer's Agent

Becky Peters

Resource Realty Services License #0225218355

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,361

Year Built

  • Built in 1977

Lot Details

  • 0.42 Acre Lot
  • Zoning described as R15

Parking

  • 1.5 Car Garage
  • Oversized Parking
  • Workshop in Garage

Home Design

  • Colonial Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Heater
  • Septic Tank

Community Details

  • Otterdale Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 722-70-64-97-100-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,361

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1977
  • Property Attached Yn: No
  • Lot Size Acres: 0.415
  • Ownership: Individuals
  • Subdivision Name: Otterdale
  • 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: Carpet, Ceramic Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 2160.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Direct Access, Detached, Garage, Oversized, Storage, Workshop in Garage

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 722-70-64-97-100-000
  • Zoning Description: R15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2361.0
  • Tax Lot: 2

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2020
Closed on
Apr 6, 2020
Sold by
Bremer Sherry L
Bought by
Lyles Jason Thomas and Lyles Lisa Ann
Seller's Agent
Connie Byers
Joyner Fine Properties
Buyer's Agent
Becky Peters
Resource Realty Services
List Price
$301,500
Sold Price
$305,000
Premium/Discount to List
$3,500
1.16%
Current Estimated Value
$471,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,108
Avg. Annual Appreciation
8.72%
Original Mortgage
$244,000
Outstanding Balance
$217,555
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$253,553
Source: Public Records

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Range of Values:

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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
Lyles Jason Thomas $305,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyles Jason Thomas $244,000
Previous Owner Bremer Sherry L $61,968
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $305,000 +1.2% $141 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/29/2020 02/29/20 For Sale $301,500 -- $140 / 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 $3,671 $409,700 $70,000 $339,700
2024 $3,671 $402,500 $70,000 $332,500
2023 $3,382 $371,600 $65,000 $306,600
2022 $3,088 $335,700 $61,000 $274,700
2021 $2,857 $298,100 $59,000 $239,100
2020 $2,489 $262,000 $58,000 $204,000
2019 $2,362 $248,600 $58,000 $190,600
2018 $1,865 $239,700 $58,000 $181,700
2017 $1,805 $224,800 $58,000 $166,800
2016 $2,099 $218,600 $58,000 $160,600
2015 $2,018 $210,200 $58,000 $152,200
2014 $1,951 $203,200 $51,000 $152,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2004770

Central Virginia Regional MLS

APN: 722-70-64-97-100-000