NOT LISTED FOR SALE

5203 Watercrest Place Midlothian, VA 23112

Estimated Value: $1,183,398 - $1,411,000

5 Beds
3 Baths
6,191 Sq Ft
$206/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $810,000 $131 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,757/month

69 Days on Market

Highlights

  • Granite Flooring
  • Cosby High School Rated A
  • Forced Air Zoned Heating and Cooling System

About This Home

As of September 2014

Dreams do come true…Wake up every morning in this timeless home with panoramic views of Swift Creek Reservoir enhanced by the spectacular backyard full of landscaping, water features, outdoor lighting, & 30+ guest seating areas. The 6000 SF WATERFRONT home offers a perfect combination of graceful formal rooms with open inviting living spaces. The open family room & kitchen have glorious water views that truly “bring the outdoors in. You will fall in love the exquisitely renovated kitchen featuring cherry cabinetry, granite countertops, Viking & Sub-Zero appliances, large island & several pantries. A huge brick fireplace accents the family room. The lavish master suite with water views, plus 4 additional spacious bedrooms are located on the second floor. A 26-foot cushioned seating area great for sleepovers & built in office area, plus storage rooms comprise the third floor. The finished basement has a family room & game area, storage closets, full bar with sink & seating, plus a heated & cooled workshop. Exceptional detailing & custom touches inside and out, combined with the resort style Woodlake lifestyle with boating, fishing & miles of trails, will fulfill your every dream!

Last Agent to Sell the Property

Karen Kern

Liz Moore & Associates License #0225076527 Listed on: 06/17/2014

Liz Moore & Associates

Last Buyer's Agent

Heather Valentine

Valentine Properties License #0225077282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,555

Year Built

  • 1988

Lot Details

  • 0.47

Home Design

  • Dimensional Roof

Interior Spaces

  • Property has 3.5 Levels

Flooring

  • Wood
  • Wall to Wall Carpet
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 723-680-84-75-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,555

Year Built

1988

Lot Details

0

Listing Details

  • Restrictions: Assoc Restrictions
  • Structure: Frame
  • Price Per Finished Sq Ft: 130.84
  • Items Not Included: 2 Chandeliers
  • Planned Unit Development: Woodlake
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Equipment: Attic Fan, Central Vac, Dishwasher, Disposal, Double Oven, Gas Cooking, Microwave, Refrigerator
  • Flooring: Carpet-W-W, Granite, Vinyl, Wood
  • Interior: Built In Cabinet/Bookcases, Eat-In-Kitchen, Formal Dining Room, French Doors, Island, Jetted Tub, MBR Bath, Pantry, Walk-In Closet, Workshop
  • Number of Rooms: 11
  • Fireplace: Brick
  • Total Fireplaces: 3
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Full Bathroom: 1
  • Basement Full Bathroom Description: Shower
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Heated, Walk-Out, Workshop
  • Attic: Part Finished, Pull Down, Walk-In
  • Number Of Levels: 3.50

Exterior Features

  • Porch: Deck, Patio
  • Exterior: Irrigation System, Outdoor Lighting
  • Pool Description: Community/Off Site
  • Roof: Dimensional
  • Siding: Hardiplank
  • Wall Type: Drywall
  • Waterfront: Yes
  • Water Type: Lake, Walk To Water, Water Access

Garage/Parking

  • Garage Type: Attached, Auto Door Opener, Finished
  • Number Of Cars: 2
  • Parking: Double Width, Paved Driveway

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: 3 Or More Zones, Forced Hot Air, Heat Pump
  • Cooling: 3 Or More Zones, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Association/Amenities

  • Amenities: Association, Basketball, Clubhouse, Common Area, Dock, Exercise Room, Jogging Path, Kiddie Pool, Tennis Court

Fee Information

  • Additional Fee: 502.44
  • Additional Fee Description: One-time Capitalization Fee
  • Fee: 125.61
  • Fee Description: Community Association
  • Fee Includes: Comm Ar Mnt, Management Fees
  • Fee Period: Quarterly

Schools

  • Elementary School: Clover Hill
  • Middle School: Tomahawk Creek
  • High School: Cosby

Lot Info

  • Zoning: R9 - ONE FAMILY RES
  • Lot: 009
  • Lot Description: Cul-De-Sac, Landscaped, Waterfront
  • Parcel Number: 723-680-84-75-00000

MLS Schools

  • Other School: Millwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2014
Closed on
Sep 11, 2014
Sold by
Remmers Trustee Rebecca E
Bought by
Sullivan Todd A
Seller's Agent
Karen Kern
Liz Moore & Associates
Buyer's Agent
Heather Valentine
Valentine Properties
List Price
$839,000
Sold Price
$810,000
Premium/Discount to List
-$29,000
-3.46%
Current Estimated Value
$1,275,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,466
Avg. Annual Appreciation
3.19%
Original Mortgage
$600,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2010
Sold by
Remmers John W
Bought by
Remmers Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
5.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2002
Bought by
Remmers John W and Remmers Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2002
Bought by
Remmers John W and Remmers Rebecca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%
Mortgage Type
New Conventional
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
Sullivan Todd A $810,000 --
Remmers Rebecca E -- --
Remmers John W -- --
Remmers John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Todd A $539,800
Closed Sullivan Todd A $600,000
Previous Owner Remmers Rebecca E $210,300
Previous Owner Remmers Tr Rebecca E $407,600
Previous Owner Remmers Rebecca E $105,750
Previous Owner Remmers Rebecca E $417,000
Previous Owner Remmers John W $100,000
Previous Owner Remmers John W $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2014 09/19/14 Sold $810,000 -3.5% $131 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $839,000 -- $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 $8,555 $958,400 $235,000 $723,400
2024 $8,555 $944,700 $235,000 $709,700
2023 $8,057 $885,400 $233,000 $652,400
2022 $7,842 $852,400 $230,000 $622,400
2021 $7,295 $760,900 $227,000 $533,900
2020 $7,056 $742,700 $227,000 $515,700
2019 $6,943 $730,800 $227,000 $503,800
2018 $6,835 $719,500 $224,000 $495,500
2017 $6,690 $696,900 $221,000 $475,900
2016 $6,645 $692,200 $218,000 $474,200
2015 $6,488 $673,200 $217,000 $456,200
2014 $5,539 $574,400 $215,000 $359,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1416641

Central Virginia Regional MLS

APN: 723-68-08-47-500-000