NOT LISTED FOR SALE

5118 Fairlake Ln Glen Allen, VA 23060

Echo Lake Neighborhood

Estimated Value: $312,000 - $430,000

4 Beds
2 Baths
1,698 Sq Ft
$232/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $153,000 $90 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $2,379/month

6 Days on Market

Highlights

  • Forced Air Zoned Heating and Cooling System
  • Glen Allen High School Rated A
  • Partially Carpeted

About This Home

As of October 2013

Seller Has Accepted An Offer - Waiting for Addendums. Get It While You Can! This Westend Home features 4 Bedrooms, 2.5 Baths, Formal Living Room, Formal Dining Room, Family Room w/Fireplace, Kitchen & Utility Room that serves as Laundry Room. With Work & Repairs this will make someone a fantastic home! Located in the Desirable Westend w/Great Schools. Close to major shopping centers & major roads! This one is definitely priced to Sell! Call for an appointment.

Last Agent to Sell the Property

Barbara Bosoni

High Net Worth Properties License #0225066263 Listed on: 09/19/2013

Last Buyer's Agent

Timothy Edwards

Virginia Capital Realty License #0225038875

Virginia Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,039

Year Built

  • 1988

Lot Details

  • 7,405

Home Design

  • Composition Roof

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 2 Levels
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 758-765-0463

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,039

Year Built

1988

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 90.11
  • Finished Sq Ft: 1698
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Flooring: Laminate, Carpet-Part
  • Number of Rooms: 8
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Crawl Space
  • Attic: Access Panel
  • Number Of Levels: 2.00

Exterior Features

  • Fence: Rear Only
  • Roof: Composition
  • Siding: Clapboard

Garage/Parking

  • Parking: Off Street, Unpaved Driveway

Utilities

  • Heating Fuel: Electric
  • Heating: 2 Zoned Heat, Electric
  • Cooling: Central Air, 2 Zoned AC
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Echo Lake
  • Middle School: Hungary Creek
  • High School: Glen Allen

Lot Info

  • Zoning: R-3
  • Lot: 18
  • Parcel Number: 758-765-0463

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2013
Closed on
Oct 1, 2013
Sold by
Beneficial Financial I Inc
Bought by
Slobodnik Elena M
Seller's Agent
Barbara Bosoni
High Net Worth Properties
Buyer's Agent
Timothy Edwards
Virginia Capital Realty
List Price
$157,950
Sold Price
$153,000
Premium/Discount to List
-$4,950
-3.13%
Current Estimated Value
$393,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,219
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Mar 18, 2004
Sold by
Painter Andrew
Bought by
Elkins Arnold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2000
Sold by
Slater William Kane and Slater Lavinia Ma
Bought by
Painter Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,455
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1998
Sold by
Young Michael A and Young W
Bought by
Slater William K and Slater Lavinia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,888
Interest Rate
6.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Slobodnik Elena M $153,000 --
Elkins Arnold $181,000 --
Painter Andrew D $134,950 --
Slater William K $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elkins Arnold $181,000
Previous Owner Slater William K $121,455
Previous Owner Slater William K $119,888
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2013 10/23/13 Sold $153,000 -3.1% $90 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $157,950 -- $93 / 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 $3,039 $347,000 $95,000 $252,000
2024 $3,039 $323,100 $90,000 $233,100
2023 $2,746 $323,100 $90,000 $233,100
2022 $2,461 $289,500 $74,000 $215,500
2021 $2,329 $263,100 $60,000 $203,100
2020 $2,289 $263,100 $60,000 $203,100
2019 $2,181 $250,700 $60,000 $190,700
2018 $2,181 $250,700 $60,000 $190,700
2017 $1,998 $229,600 $56,000 $173,600
2016 $1,864 $214,300 $50,000 $164,300
2015 $1,864 $214,300 $50,000 $164,300
2014 $1,864 $214,300 $50,000 $164,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Barbara Bosoni

    High Net Worth Properties

    (804) 439-2272

    2 in this area

    36 Total Sales

    Barbara Bosoni
    Section Image
  • Timothy Edwards

    Buyer's Agent in 2013

    Timothy Edwards

    Virginia Capital Realty

    (804) 513-8694

    2 in this area

    53 Total Sales

    Timothy Edwards
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1324632

Central Virginia Regional MLS

APN: 758-765-0463

Virginia Henrico County Glen Allen 23060 Echo Lake

5118 Fairlake Ln, Glen Allen, VA

This home is located at 5118 Fairlake Ln, Glen Allen, VA 23060 since 19 September 2013 and is currently estimated at $393,219, approximately $231 per square foot. This property was built in 1988. 5118 Fairlake Ln is a home located in Henrico County with nearby schools including Echo Lake Elementary School, Hungary Creek Middle School, and Glen Allen 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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