NOT LISTED FOR SALE

5111 Terrace Arbor Cir Unit 47 Midlothian, VA 23112

Estimated Value: $407,641 - $420,000

3 Beds
2.5 Baths
2,403 Sq Ft
$329/mo HOA Fee

Last Sold July 17, 2024

Last sale price $377,500 $157 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,799/month

117 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Cathedral Ceiling
  • Clover Hill High Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of July 2024

Welcome to the close knit community of The Terraces at Swift Creek. This amazing 3 bedroom, 2.5 bath condo gives you the ability to right-size for your needs. The large Eat-In Kitchen has beautiful 42" cabinets, hardwood floors, newer appliances, a pantry and is open to the dining room, living room and Florida Room. Enjoy relaxing and entertaining in this open floor plan with bright natural light and a cathedral ceiling with skylights and a gas fireplace in the living room. The Florida room opens to a private patio and backyard. The first floor primary bedroom has a trey ceiling, walk-in closet and ensuite bath. Upstairs has 2 generously sized bedrooms with walk-in closets, large hall bath and a loft overlooking the first floor living area. This condo is like living in a Townhouse. Exterior maintenance is the responsibility of the HOA. The Clubhouse and pool are within walking distance and include an exercise room. Enjoy nearby dining, shopping, routes 288 and 76 and only 20 minutes to Downtown Richmond. You don't want to miss this move-in ready gem.

Last Agent to Sell the Property

Jennifer Inman

Virginia Capital Realty License #0225219022 Listed on: 02/15/2024

Virginia Capital Realty

Last Buyer's Agent

Dan Tulli

Joyner Fine Properties License #0225230156

Joyner Fine Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 2007

Lot Details

  • 24.92

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,403 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Thermal Windows
  • Bay Window
  • Dining Area
  • Loft
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen

Pool

  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Patio

Schools

  • Clover Hill Elementary School
  • Swift Creek Middle School
  • Clover Hill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 735-67-51-49-000-047

Community Details

Overview

  • Terraces At Swift Creek Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,210

Year Built

Built in 2007

Lot Details

0

HOA Fees

$329 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Terraces At Swift Creek
  • Above Grade Finished Sq Ft: 2403.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Vinyl, Wood
  • Appliances: Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Stove
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Accessible Kitchen
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Balcony, Bay Window, Tray Ceiling(s), Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Fireplace, High Ceilings, Loft, Main Level Primary, Pantry, Skylights, Walk-In Closet(s)
  • Living Area: 2403.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Level
  • Pool Features: Fenced, Pool, Community
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cooling: Central Air
  • 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: Common Grounds/Area, Clubhouse, Fitness, Pool, Trails/Paths, Sidewalks
  • Amenities: Landscaping, Management
  • Association Fee: 329.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Snow Removal, Trash

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 735-67-51-49-000-047
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3210.48

MLS Schools

  • Elementary School: Clover Hill
  • High School: Clover Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jul 8, 2024
Sold by
Vanhorn Robert C
Bought by
Westphalen Bret Daryl and Husick Heavenly
Seller's Agent
Jennifer Inman
Virginia Capital Realty
Buyer's Agent
Dan Tulli
Joyner Fine Properties
List Price
$395,000
Sold Price
$377,500
Premium/Discount to List
-$17,500
-4.43%
Views
447
Current Estimated Value
$414,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,660
Avg. Annual Appreciation
8.10%
Original Mortgage
$364,004
Outstanding Balance
$359,656
Interest Rate
6.99%
Mortgage Type
VA
Estimated Equity
$54,504

Purchase Details

Closed on
Sep 24, 2008
Sold by
The Townes At Swift Creek
Bought by
Vanhorn Robert C
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
Westphalen Bret Daryl $377,500 Fidelity National Title
Westphalen Bret Daryl $377,500 Fidelity National Title
Vanhorn Robert C $271,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westphalen Bret Daryl $364,004
Closed Westphalen Bret Daryl $364,004
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $377,500 0.0% $157 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $377,500 -1.3% $157 / Sq Ft
03/21/2024 03/21/24 Price Changed $382,500 -1.3% $159 / Sq Ft
03/08/2024 03/08/24 Price Changed $387,500 -1.9% $161 / Sq Ft
02/22/2024 02/22/24 For Sale $395,000 -- $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 $3,391 $380,200 $64,000 $316,200
2024 $3,391 $365,700 $61,000 $304,700
2023 $3,210 $352,800 $61,000 $291,800
2022 $2,838 $308,500 $59,000 $249,500
2021 $2,804 $294,400 $59,000 $235,400
2020 $2,667 $280,700 $59,000 $221,700
2019 $2,520 $265,300 $57,000 $208,300
2018 $2,368 $249,300 $57,000 $192,300
2017 $2,536 $264,200 $57,000 $207,200
2016 $2,536 $264,200 $57,000 $207,200
2015 $2,549 $264,200 $57,000 $207,200
2014 $2,299 $239,500 $49,000 $190,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2403846

Central Virginia Regional MLS

APN: 735-67-51-49-000-047