NOT LISTED FOR SALE

509 Wallingham Dr Midlothian, VA 23114

Estimated Value: $397,000 - $485,372

4 Beds
3 Baths
2,516 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 13, 2012

Last sale price $140,000 $56 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $2,859/month

11 Days on Market

Highlights

  • Cooling Available
  • Heat Pump System
  • 1-Story Property
  • J B Watkins Elementary School Rated A-

About This Home

As of July 2012

ONE LEVEL LIVING IN THIS HUGE 4 BEDROOM 3 FULL BATH HOME, WITH HARDWOOD FLOORS, WOOD BURNING FP, LARGE KITCHEN, SEPERATE LAUNDRY ROOM, AND SUN ROOM. NICE LEVEL LOT IN A GREAT ESTABLISHED NEIGHBORHOOD.THIS IS A FANNIE MAE HOMEPATH PROPERTY AND IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING, PRUCHASE FOR AS LITTLE AS 3% DOWN. NO OFFERS REVIEWED FIRST 3 DAYS OF LISTING AND NO INVESTORS FIRST 15 DAYS OF LISTING.

Last Agent to Sell the Property

Elaine Schiess

Hometown Realty License #0225096642 Listed on: 05/10/2012

Last Buyer's Agent

Stephanie Miller

New Market Realty License #0225188228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,173

Year Built

  • Built in 1975

Lot Details

  • 0.56 Acre Lot
  • Zoning described as R15

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Otterdale Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 722-706-69-68-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,173

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Property Attached Yn: No
  • Lot Size Acres: 0.5574
  • Ownership: Corporate
  • Subdivision Name: Otterdale
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 2516.0
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Frame, Other
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Sewer: Other
  • Water Source: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 722-706-69-68-00000
  • Zoning Description: R15

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2172.65
  • Tax Block: 00E
  • Tax Lot: 003

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2012
Closed on
Jul 11, 2012
Sold by
Federal National Mortgage Association
Bought by
Holcombe Christopher R
Seller's Agent
Elaine Schiess
Hometown Realty
Buyer's Agent
Stephanie Miller
New Market Realty
List Price
$141,500
Sold Price
$140,000
Premium/Discount to List
-$1,500
-1.06%
Current Estimated Value
$477,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,159
Avg. Annual Appreciation
9.17%
Original Mortgage
$138,764
Outstanding Balance
$96,194
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$363,649

Purchase Details

Closed on
Apr 24, 2012
Sold by
Samuel I White Pc Sub Tr
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 27, 2000
Bought by
Holliday William R and Holliday Cecilia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Holcombe Christopher R $140,000 --
Federal National Mortgage Association $198,503 --
Holliday William R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holcombe Christopher R $138,764
Previous Owner Holliday William R $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2012 07/13/12 Sold $140,000 -1.1% $56 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
05/10/2012 05/10/12 For Sale $141,500 -- $56 / Sq Ft
Source: Central Virginia Regional MLS

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 $3,929 $438,600 $70,000 $368,600
2024 $3,929 $414,500 $70,000 $344,500
2023 $3,339 $366,900 $65,000 $301,900
2022 $3,044 $330,900 $61,000 $269,900
2021 $2,798 $291,900 $59,000 $232,900
2020 $2,661 $280,100 $58,000 $222,100
2019 $2,510 $264,200 $58,000 $206,200
2018 $2,416 $254,300 $58,000 $196,300
2017 $2,282 $237,700 $58,000 $179,700
2016 $2,218 $231,000 $58,000 $173,000
2015 $2,165 $222,900 $58,000 $164,900
2014 $2,113 $217,500 $54,000 $163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1212487

Central Virginia Regional MLS

APN: 722-70-66-96-800-000