NOT LISTED FOR SALE

5202 Terrace Arbor Cir Unit 88 Midlothian, VA 23112

Estimated Value: $391,002 - $443,000

3 Beds
2.5 Baths
2,223 Sq Ft
$329/mo HOA Fee

Last Sold June 07, 2024

Last sale price $365,000 $164 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,746/month

54 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Clubhouse
  • Clover Hill High Rated A
  • Colonial Architecture
  • Cathedral Ceiling

About This Home

As of June 2024

Welcome to this brick and vinyl, low-maintenance townhome! Step inside to discover wood floors in the foyer, dining room, living room, and half bath. The eat-in kitchen boasts ceramic floors, stainless steel appliances, a good-sized pantry, and a convenient pass-through to the dining room. Relax in the vaulted living room offering skylights, a cozy gas fireplace, transoms above the windows, and French doors leading to the patio…ideal for indoor/outdoor entertaining. The 1st-floor primary suite is spacious and offers a large walk-in closet and a luxurious bath with a double vanity, walk-in shower, and soaking tub. Upstairs, two sizeable guest bedrooms with walk-in closets share a hall bath, alongside a versatile loft space perfect for a home office, den, or playroom. Enjoy updated systems: central air (new unit installed in 2021) and gas heat (new furnace installed in 2022), along with 5 ceiling fans, and window blinds throughout. There’s a 1-car garage, a walk-in attic/mechanical room, and an attic with pull-down access for extra storage. Benefit from HOA perks covering weekly trash pick-up, all yard work, snow removal, exterior painting/repairs, front and rear irrigation maintenance, and access to the pool and clubhouse with an exercise center. Convenient location - walk to the clubhouse and pool, minutes to 288, and walking distance/short drive to Uptown Alley & the shops and restaurants at Commonwealth Center.

Last Agent to Sell the Property

Mark Adams

EXP Realty LLC License #0225045467 Listed on: 02/27/2024

EXP Realty LLC

Last Buyer's Agent

Cassidy Wilkinson

Valentine Properties License #0225248865

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,981

Year Built

  • Built in 2005

Lot Details

  • Sprinkler System

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,223 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • French Doors
  • Insulated Doors
  • Separate Formal Living Room
  • Loft
  • Home Security System
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Garden Bath

Outdoor Features

  • Outdoor Pool
  • Patio
  • Rear Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Exclusions: refrigerator, washer and dryer
  • Assessor Parcel Number 735-67-51-49-000-088

Community Details

Overview

  • Terraces At Swift Creek Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,981

Year Built

Built in 2005

Lot Details

0

HOA Fees

$329 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Property Attached Yn: Yes
  • Exclusions: refrigerator, washer and dryer
  • Ownership: Individuals
  • Subdivision Name: Terraces At Swift Creek
  • Above Grade Finished Sq Ft: 2223.0
  • Architectural Style: Colonial, Two Story
  • 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, Partially Carpeted, Wood
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Insulated Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Laminate Counters, Loft, Bath in Primary Bedroom, Main Level Primary, Pantry, Walk-In Closet(s)
  • Living Area: 2223.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Direct Access, Garage Door Opener

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Fitness, Home Owners Association, Pool
  • Association Fee: 329.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Maintenance Grounds, Maintenance Structure, Road Maintenance, Snow Removal, Trash

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 735-67-51-49-000-088
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2981.16

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jun 5, 2024
Sold by
Coggins Anne R and Coggins Henry I
Bought by
Smith Kathie
Seller's Agent
Mark Adams
EXP Realty LLC
Buyer's Agent
Cassidy Wilkinson
Valentine Properties
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Views
505
Current Estimated Value
$408,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,001
Avg. Annual Appreciation
8.94%
Original Mortgage
$155,000
Outstanding Balance
$153,212
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$254,789

Purchase Details

Closed on
Nov 2, 2005
Sold by
Townes At Swift Creek Dev
Bought by
Coggins Henry I
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
Smith Kathie $365,000 Old Republic Title
Smith Kathie $365,000 Old Republic Title
Coggins Henry I $260,122 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kathie $155,000
Closed Smith Kathie $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $365,000 0.0% $164 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $365,000 -2.7% $164 / Sq Ft
02/27/2024 02/27/24 For Sale $375,000 -- $169 / 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 $3,143 $352,300 $64,000 $288,300
2024 $3,143 $339,200 $61,000 $278,200
2023 $3,060 $327,600 $61,000 $266,600
2022 $2,662 $289,400 $59,000 $230,400
2021 $2,633 $276,400 $59,000 $217,400
2020 $2,505 $263,700 $59,000 $204,700
2019 $2,369 $249,400 $57,000 $192,400
2018 $2,229 $234,600 $57,000 $177,600
2017 $2,385 $248,400 $57,000 $191,400
2016 $2,385 $248,400 $57,000 $191,400
2015 $2,397 $248,400 $57,000 $191,400
2014 $2,160 $225,000 $49,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2404785

Central Virginia Regional MLS

APN: 735-67-51-49-000-088