NOT LISTED FOR SALE

5121 Terrace Arbor Cir Unit 44 Midlothian, VA 23112

Estimated Value: $390,657 - $419,000

3 Beds
2.5 Baths
2,208 Sq Ft
$288/mo HOA Fee

Last Sold June 03, 2022

Last sale price $380,000 $172 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,691/month

24 Days on Market

Highlights

  • In Ground Pool
  • 24.92 Acre Lot
  • Transitional Architecture
  • Clover Hill High Rated A
  • Clubhouse
  • Wood Flooring

About This Home

As of June 2022

Welcome to Terraces at Swift Creek! Near the 288/Hull st corridor, this maintenance-free neighborhood is within walking distance to shopping, restaurants, entertainment,and grocery store! This home features 3 bedrooms each with ample walk-in closets,2.5 baths,and plenty of room to entertain guests. Large kitchen with upgraded cherry cabinets with breakfast nook and a gorgeous bay window. Beautiful living room with gas fireplace,cathedral ceilings,and plenty of natural light with sunlight & french doors that lead out to the patio.You will love the privacy of the patio space. The patio backs up to an open area,which is unique in this neighborhood,giving great privacy. Primary bedroom is on the first floor with a full bath & walk-in closet featuring custom storage. Upstairs are 2 bedrooms with large walk-in closets. A loft area perfect for office space, along with a full bath completes the upstairs. This home has a convenient walk-in attic for additional storage. Laundry room is located on the first level in between the garage and hallway. The Terraces at Swift Creek is a maintenance-free neighborhood complete with a club house & pool!

Last Agent to Sell the Property

Amy Towne

Compass License #0225250252 Listed on: 04/11/2022

Compass

Last Buyer's Agent

Candace Hay

Fine Creek Realty License #0225200885

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,621

Year Built

  • Built in 2006

Lot Details

  • 24.92

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Thermal Windows
  • Bay Window
  • Dining Area
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Rear Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 735-67-51-49-000-044

Community Details

Overview

  • Terraces At Swift Creek Subdivision
  • Maintained Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,621

Year Built

Built in 2006

Lot Details

0

HOA Fees

$288 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2006
  • Property Attached Yn: Yes
  • Lot Size Acres: 24.918
  • Ownership: Individuals
  • Subdivision Name: Terraces At Swift Creek
  • 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: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Vinyl, Wood
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Refrigerator, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Bay Window, Tray Ceiling(s), Ceiling Fan(s), Dining Area, Eat-in Kitchen, Fireplace, High Ceilings, Loft, Bath in Primary Bedroom, Main Level Primary, Pantry, Skylights, Walk-In Closet(s)
  • Living Area: 2208.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: In Ground, Pool, Community
  • Waterfront: No
  • Construction Type: Brick Veneer, Drywall, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, Paved

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Cooling: Central Air, Electric, Heat Pump
  • 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, Maintained Community, Pool, Trails/Paths
  • Amenities: Landscaping, Management
  • Association Fee: 288.0
  • 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: 735-67-51-49-000-044
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2621.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 31, 2022
Sold by
Locke Patricia A
Bought by
Pellicano Rhonda Taylor and Pellicano Keith D
Seller's Agent
Amy Towne
Compass
Buyer's Agent
Candace Hay
Fine Creek Realty
List Price
$354,950
Sold Price
$380,000
Premium/Discount to List
$25,050
7.06%
Current Estimated Value
$405,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,414
Avg. Annual Appreciation
1.97%
Original Mortgage
$190,000
Outstanding Balance
$180,779
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$224,635

Purchase Details

Closed on
Dec 19, 2006
Sold by
The Townes @ Swift Creek
Bought by
Locke Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,960
Interest Rate
6.35%
Mortgage Type
New Conventional
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
Pellicano Rhonda Taylor $380,000 First American Title
Locke Patricia $306,960 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pellicano Rhonda Taylor $190,000
Previous Owner Locke Patricia $206,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $380,000 +7.1% $172 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $354,950 -- $161 / 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 $3,148 $352,900 $64,000 $288,900
2024 $3,148 $338,800 $61,000 $277,800
2023 $2,977 $327,100 $61,000 $266,100
2022 $2,659 $289,000 $59,000 $230,000
2021 $2,629 $275,900 $59,000 $216,900
2020 $2,523 $265,600 $59,000 $206,600
2019 $2,366 $249,100 $57,000 $192,100
2018 $2,244 $236,200 $57,000 $179,200
2017 $2,384 $248,300 $57,000 $191,300
2016 $2,384 $248,300 $57,000 $191,300
2015 $2,396 $248,300 $57,000 $191,300
2014 $2,177 $226,800 $49,000 $177,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2209442

Central Virginia Regional MLS

APN: 735-67-51-49-000-044