NOT LISTED FOR SALE

5116 Farmount Terrace Glen Allen, VA 23059

Wyndham Neighborhood

Estimated Value: $819,525 - $971,000

4 Beds
3 Baths
3,347 Sq Ft
$300/mo HOA Fee

Last Sold March 10, 2023

Last sale price $730,000 $218 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,439/month

4 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Wood Flooring
  • Kaechele Elementary Rated A-
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2023

Elegant &modern, this like-new all brick home shows like a model! Enjoy Grey Oaks amenities & maintenance free Villas' living, yet minutes from shopping! Double-wide aggregate driveway & covered front porch, hardwood floors on both levels. The entire 3347 SF was carefully designed to add distinction between rooms, an open floor concept w/enhanced functionality. 2 large bedrooms on each level, 3 full baths &office/Florida room/flex room/2 storage rooms/large upper stairs landing...endless possibilities! Extensive millwork including 3-member crown molding throughout, tray ceiling in the dining. The huge island makes a statement in the gourmet kitchen, the added window/recess lights give extra brightness. Rows of custom designed cabinets, SS appliances, granite &more. 8 recess lights in the family room. The gas fireplace is adorned w/2 built-in cabinets. The triple French doors lead to the sunny Florida room, overlooking the raised aggregate patio/back yard. The remarkable 1st floor primary suite w/large windows is equipped w/3 walk-in closets &2 linen closets, spa-like luxurious bath, enlarged double vanities a stunning walk-in shower, handicap accessible! This one is a GEM!

Last Agent to Sell the Property

Sarah Bice

Sarah Bice & Associates RE License #0225069620 Listed on: 02/18/2023

Last Buyer's Agent

Paul Gee

Long & Foster REALTORS License #0225033505

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,615

Year Built

  • Built in 2018

Lot Details

  • 24.23

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,347 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio
  • Front Porch

Schools

  • Kaechele Elementary School
  • Short Pump Middle School
  • Deep Run High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 739-772-0627.005

Community Details

Overview

  • The Villas @ Grey Oaks Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,615

Year Built

Built in 2018

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2018
  • Property Attached Yn: No
  • Ownership: Individuals
  • Subdivision Name: The Villas @ Grey Oaks
  • Architectural Style: Two Story, Transitional
  • 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: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Stove, Tankless Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Breakfast Area, Tray Ceiling(s), Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Kitchen Island, Main Level Primary, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 3347.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Level
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Porch
  • Patio And Porch Features: Rear Porch, Front Porch, Patio, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Forced Air, Multi-Fuel
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Home Owners Association, Playground, Pool, Tennis Court(s), Trails/Paths
  • Amenities: Landscaping, Management
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Short Pump

Lot Info

  • Topography: Level
  • Parcel Number: 739-772-0627.005
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5615.0

MLS Schools

  • Elementary School: Kaechele Elementary
  • High School: Deep Run

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 9, 2023
Sold by
Susie Fang Revocable Living Trust
Bought by
Selman John W and Selman Susan M
Seller's Agent
Sarah Bice
Sarah Bice & Associates RE
Buyer's Agent
Paul Gee
Long & Foster REALTORS
List Price
$720,000
Sold Price
$730,000
Premium/Discount to List
$10,000
1.39%
Views
60
Current Estimated Value
$859,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,131
Avg. Annual Appreciation
4.50%

Purchase Details

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
Source: Public Records

Range of Values:

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Average Value
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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
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
03/10/2023 03/10/23 Sold $730,000 +1.4% $218 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $720,000 -- $215 / 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

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Map

Source: Central Virginia Regional MLS

MLS Number: 2303726

Central Virginia Regional MLS

APN: 739-772-0627.005