NOT LISTED FOR SALE

5204 Watercrest Place Midlothian, VA 23112

Estimated Value: $554,000 - $729,204

5 Beds
3 Baths
4,157 Sq Ft
$158/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $399,950 $96 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,127/month

139 Days on Market

Highlights

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

About This Home

As of December 2016

Welcome to Watercrest, a "Waterfront Neighborhood" within Woodlake situated on the beautiful 1700 Acre Lake. Enjoy the 1/2 Acre park-like setting with privacy and some seasonal waterviews. Extensive remodeling and up to date so it will compete with todays new homes( just a lot more house & awesome setting for the money). Sellers have updated just about everything so you wont have to, like new 30 yr roof, 3 HVAC units w/"Nexia" thermostat, New granite countertops & appliances, Hardiplank siding, completely remodeled Master Bath (rich vanities, granite tops, fixtures, elegant free standing soaking tub, looks like it was from House Beautiful), new lighting, Plumbing, etc. Photos do not do this justice. Must be seen to appreciate the quality & craftsmanship. Offers elegant formal rooms beautiful wood floors, 9 Ft. Ceilings, warm Family room w/brick Fireplace w/insert opens to bright sunroom and to Eat In Kitchen with wine bar. All bedrooms are generous size. 3rd level w/full bath being used as art studio. Also includes full house "Guardian" gas generator, Tankless Water heater,Sec Sys, Central VAC, irrigation, and a full wrap around deck leads to awesome screened porch!

Last Agent to Sell the Property

Dave Worrie

RE/MAX Commonwealth License #0225141295 Listed on: 05/23/2016

RE/MAX Commonwealth

Last Buyer's Agent

David Pollard

The Wilson Group License #0225200396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,132

Year Built

  • 1988

Lot Details

  • 0.55

Home Design

  • Dimensional Roof
  • Composition Roof

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property has 3 Levels
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 723-680-66-58-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,132

Year Built

1988

Lot Details

0

Listing Details

  • Structure: Frame, Wood
  • Price Per Finished Sq Ft: 96.21
  • Planned Unit Development: Woodlake
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Appliances Equipment: Central Vac, Dishwasher, Disposal, Double Oven, Electric Cooking, Exhaust Fan, Microwave, Stove
  • Flooring: Carpet-Part, Tile, Wood
  • Interior: 9 Ft + Ceilings, Bay/Bow Window, Beamed Ceiling, Built In Cabinet/Bookcases, Ceiling Fan, Eat-In-Kitchen, Formal Dining Room, MBR Bath, Security System
  • Number of Rooms: 10
  • Fireplace: Brick
  • Total Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 3 Full Bathrooms: 1
  • Full Bath Level 3 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Walk-In
  • Number Of Levels: 3.00

Exterior Features

  • Porch: Deck, Screened
  • Exterior: Insulated Doors, Thermal Windows
  • Roof: Composition, Dimensional
  • Siding: Hardiplank
  • Water Type: Walk To Water

Garage/Parking

  • Garage Type: Attached, Auto Door Opener, Direct Entry
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: 3 Or More Zones
  • Cooling: 3 Or More Zones, Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Instant Hot, Tankless

Association/Amenities

  • Amenities: Association, Common Area, Jogging Path, Kiddie Pool, Playground, Tennis Court

Fee Information

  • Additional Fee: 552.00
  • Additional Fee Description: New Buyer Capital Transfer Free
  • Fee: 145.00
  • Fee Description: Community Association, Owners Association
  • Fee Includes: Comm Ar Mnt
  • Fee Period: Quarterly

Schools

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

Lot Info

  • Lot: 005
  • Parcel Number: 723-680-66-58-00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Nov 28, 2016
Sold by
Shepherd James W and Shepherd Theresa T
Bought by
Root Joshua A and Root Krista M
Seller's Agent
Dave Worrie
RE/MAX Commonwealth
Buyer's Agent
David Pollard
The Wilson Group
List Price
$429,950
Sold Price
$399,950
Premium/Discount to List
-$30,000
-6.98%
Current Estimated Value
$654,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,851
Avg. Annual Appreciation
6.38%
Original Mortgage
$387,951
Outstanding Balance
$315,731
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$366,085

Purchase Details

Closed on
Jan 21, 1998
Sold by
Blake John F
Bought by
Shepherd James M and Shepherd Theresa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,800
Interest Rate
7.11%
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
Root Joshua A $399,950 Hlz Title & Escrow Llc
Shepherd James M $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Root Joshua A $387,951
Previous Owner Shepherd James M $321,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $399,950 0.0% $96 / Sq Ft
10/09/2016 10/09/16 Pending -- -- --
09/07/2016 09/07/16 Price Changed $399,950 -3.6% $96 / Sq Ft
07/18/2016 07/18/16 Price Changed $415,000 -3.5% $100 / Sq Ft
05/23/2016 05/23/16 For Sale $429,950 -- $103 / 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 $6,132 $686,200 $140,000 $546,200
2024 $6,132 $655,400 $140,000 $515,400
2023 $5,374 $590,500 $133,000 $457,500
2022 $5,063 $550,300 $130,000 $420,300
2021 $4,689 $486,600 $127,000 $359,600
2020 $4,504 $474,100 $127,000 $347,100
2019 $4,426 $465,900 $127,000 $338,900
2018 $4,343 $457,200 $124,000 $333,200
2017 $4,249 $442,600 $121,000 $321,600
2016 $4,208 $438,300 $118,000 $320,300
2015 $4,104 $424,900 $117,000 $307,900
2014 $4,008 $414,900 $115,000 $299,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1617761

Central Virginia Regional MLS

APN: 723-68-06-65-800-000