NOT LISTED FOR SALE

5122 Terrace Arbor Cir Unit END UNIT Midlothian, VA 23112

Estimated Value: $420,000 - $429,000

3 Beds
2.5 Baths
2,354 Sq Ft
$285/mo HOA Fee

Last Sold February 12, 2020

Last sale price $306,000 $130 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,808/month

92 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 February 2020

END UNIT - MAINTENANCE FREE - MOVE IN READY - carpeting & entire interior PROFESSIONALLY CLEANED from top to bottom. Enter a 2 story foyer w/ hardwood, large coat closet & half bath. Light & bright spacious eat in kitchen has granite counters, plentiful amount of cabinetry, tile floor, brushed nickel fixtures/hardware, phone/work desk, breakfast bar & large pantry. The formal dining room boasts a tray ceiling w/ crown molding, wooden blinds on the bay window, hardwood floor & a brushed nickel chandelier. The family room is perfect for entertaining w/ a marbled hearth & surround gas f/p, surround sound speakers, TV nook & access to a rear patio w/ serene view. 1st floor master is very large, modern c/f light, huge W/I closet w/ shelving & racks, linen closet, & a private full bath - NEW VINYL flooring, soaking tub, shower stall, & an oversized vanity w/ many cabinets & drawers. Upstairs offers a wonderful loft area w/ carpet, c/f light, wooden blinds, & cable. There are two more generously sized bedrooms both w/ carpet, c/f lights, very big W/I closets, wooden blinds, & cable. Another full bath - NEW VINYL floor, vanity, T/S combo. Walk in storage room & a finished garage too!

Last Agent to Sell the Property

Carolyn Dispoto

Option 1 Realty License #0225073163 Listed on: 10/05/2019

Last Buyer's Agent

Kyle Yeatman

Long & Foster REALTORS License #0225213901

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,666

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Dry Walled Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

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

Interior Spaces

  • 2,354 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Loft

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Patio
  • Rear Porch

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
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 735-67-51-49-000-065

Community Details

Overview

  • Terraces At Swift Creek Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,666

Year Built

Built in 2005

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • 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, Tile, Wood
  • Appliances: Dryer, Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Fireplace, Granite Counters, Loft, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2354.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Level
  • Pool Features: In Ground, Pool, Community
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall, Frame, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Finished Garage, Garage, Garage Door Opener, Paved, On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Home Owners Association, Pool, Trails/Paths
  • Amenities: Landscaping, Management
  • Association Fee: 285.0
  • 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: Swift Creek

Lot Info

  • Topography: Level
  • Parcel Number: 735-67-51-49-000-065
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2666.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Jan 23, 2020
Sold by
Roberts James J
Bought by
Wright Laura Worthington
Seller's Agent
Carolyn Dispoto
Option 1 Realty
Buyer's Agent
Kyle Yeatman
Long & Foster REALTORS
List Price
$320,000
Sold Price
$306,000
Premium/Discount to List
-$14,000
-4.38%
Current Estimated Value
$423,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,506
Avg. Annual Appreciation
5.95%
Original Mortgage
$244,800
Outstanding Balance
$217,700
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$205,806

Purchase Details

Closed on
Dec 8, 2005
Sold by
The Towns @ Swift Creek
Bought by
Roberts James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,390
Interest Rate
6.36%
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
Wright Laura Worthington $306,000 Atlantic Coast Stlmnt Svcs
Roberts James $305,488 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Laura Worthington $244,800
Previous Owner Roberts James $244,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $306,000 -1.3% $130 / Sq Ft
01/05/2020 01/05/20 Pending -- -- --
11/08/2019 11/08/19 Price Changed $310,000 -3.1% $132 / Sq Ft
10/05/2019 10/05/19 For Sale $320,000 -- $136 / 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 $3,444 $386,100 $68,000 $318,100
2024 $3,444 $383,100 $65,000 $318,100
2023 $3,397 $373,300 $65,000 $308,300
2022 $3,053 $331,800 $63,000 $268,800
2021 $3,056 $316,600 $63,000 $253,600
2020 $2,880 $303,200 $63,000 $240,200
2019 $2,703 $284,500 $61,000 $223,500
2018 $2,744 $280,600 $61,000 $219,600
2017 $2,815 $292,400 $60,000 $232,400
2016 $2,807 $292,400 $60,000 $232,400
2015 $2,820 $292,400 $60,000 $232,400
2014 $2,560 $266,700 $52,000 $214,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1932864

Central Virginia Regional MLS

APN: 735-67-51-49-000-065