NOT LISTED FOR SALE

5116 Farmount Terrace Unit 5 Glen Allen, VA 23059

Wyndham Neighborhood

Estimated Value: $780,000 - $885,000

3 Beds
3 Baths
2,974 Sq Ft
$290/mo HOA Fee

Last Sold February 27, 2018

Last sale price $617,360 $208 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,412/month

Highlights

  • Under Construction
  • 2 Car Attached Garage
  • Zoned Heating and Cooling System
  • Kaechele Elementary Rated A-

About This Home

As of February 2018

The Lawrence Floorplan in The Villas @ Gray Oaks by Eagle Construction of VA, LLC.

Last Agent to Sell the Property

Brian Busbee

Eagle Realty of Virginia License #0225233406 Listed on: 08/21/2017

Last Buyer's Agent

Sarah Bice

Sarah Bice & Associates RE License #0225069620

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,726

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 24

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,974 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Colonial Trail Elementary School
  • Short Pump Middle School
  • Deep Run High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • The Villas @ Grey Oaks Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 738-772-7517

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,726

Year Built

Built in 2017 | Under Construction

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2017
  • Property Attached Yn: No
  • Ownership: Corporate
  • Subdivision Name: The Villas @ Grey Oaks
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Condominium,Detached
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 2974.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Brick Veneer, Frame
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 290.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Short Pump

Lot Info

  • Parcel Number: 738-772-7517
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Lot: 5

MLS Schools

  • Elementary School: Colonial Trail
  • High School: Deep Run

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2023
Sold by
Susie Fang Revocable Living Trust
Bought by
Selman John W and Selman Susan M
Total Days on Market
0
Current Estimated Value
$815,670

Purchase Details

Listed on
Aug 21, 2017
Closed on
Jan 8, 2018
Sold by
Eagle Construction Of Va Llc A Virginia
Bought by
Fang Susie and The Susie Fang Revocable Living Trust Da
Seller's Agent
Brian Busbee
Eagle Realty of Virginia
Buyer's Agent
Sarah Bice
Sarah Bice & Associates RE
List Price
$566,104
Sold Price
$617,360
Premium/Discount to List
$51,256
9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
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
Selman John W $730,000 Fidelity National Title
Fang Susie $617,360 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2018 02/27/18 Sold $617,360 +9.1% $208 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $566,104 -- $190 / 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 $6,726 $755,800 $160,000 $595,800
2024 $6,726 $773,900 $160,000 $613,900
2023 $6,578 $773,900 $160,000 $613,900
2022 $5,615 $660,600 $140,000 $520,600
2021 $5,134 $590,100 $120,000 $470,100
2020 $5,134 $590,100 $120,000 $470,100
2019 $5,134 $590,100 $120,000 $470,100
2018 $1,088 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Busbee

    Seller's Agent in 2018

    Brian Busbee

    Eagle Realty of Virginia

    (804) 839-4609

    287 Total Sales

    Section Image
  • Sarah Bice

    Buyer's Agent in 2018

    Sarah Bice

    Sarah Bice & Associates RE

    (804) 421-7777

    42 in this area

    246 Total Sales

    Sarah Bice
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1730656

Central Virginia Regional MLS

APN: 739-772-0627.005

Virginia Henrico County Glen Allen 23059 Wyndham

5116 Farmount Terrace Unit 5, Glen Allen, VA

This home is located at 5116 Farmount Terrace Unit 5, Glen Allen, VA 23059 since 21 August 2017 and is currently estimated at $815,670, approximately $274 per square foot. This property was built in 2017. 5116 Farmount Terrace Unit 5 is a home located in Henrico County with nearby schools including Kaechele Elementary, Short Pump Middle School, and Deep Run High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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