NOT LISTED FOR SALE

5206 Terrace Arbor Cir Midlothian, VA 23112

Estimated Value: $420,000 - $424,416

4 Beds
2.5 Baths
4,660 Sq Ft
$329/mo HOA Fee

Last Sold August 30, 2024

Last sale price $409,000 $88 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,844/month

5 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Transitional Architecture
  • Clover Hill High Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of August 2024

Discover what everyone is looking for in this stunning home with a first-floor owner's suite. The Primary suite features a jetted tub, a separate shower, a tray ceiling, and a walk-in closet. The first floor also includes a separate office with glass French doors for privacy. The open great room has a gas log fireplace leading to a patio on the corner. Enjoy formal dining with a bay window,a tray ceiling and a foyer that leads to a bright kitchen with ample storage, ceramic tiles, and an eat-in breakfast nook surrounded by windows. Laminate floors extend throughout the first floor, complemented by elegant columns and tray ceilings. The second floor is perfect for family and friends, offering three bedrooms, a full bath, and a loft that overlooks the entrance. This home is filled with amenities and conveniently located near Swift Creek Shopping Center, providing everything you need just around the corner.
The fireplace, chimney, flues, range, and washer are not warranted.

Last Agent to Sell the Property

Bonita Wallace

Samson Properties License #0225056915 Listed on: 07/31/2024

Samson Properties

Last Buyer's Agent

Thomas Rose

Shaheen Ruth Martin & Fonville License #0225202720

Shaheen Ruth Martin & Fonville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $329 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

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

Interior Spaces

  • 4,660 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Tray Ceiling
  • High Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • French Doors
  • Separate Formal Living Room
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Induction Cooktop
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

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
  • Vented Exhaust Fan
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 735-67-51-49-000-090

Community Details

Overview

  • Terraces At Swift Creek Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,397

Year Built

Built in 2005

Lot Details

0

HOA Fees

$329 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Terraces At Swift Creek
  • Above Grade Finished Sq Ft: 2330.0
  • Architectural Style: Transitional
  • Entry Level: 1
  • 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: Carpet, Laminate
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Cooking, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Smooth Cooktop, Self Cleaning Oven, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2330.0
  • Door Features: French Doors
  • Fireplace Features: Gas, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Area, Bay Window, Tray Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, High Speed Internet, Jetted Tub, Loft, Main Level Primary, Pantry, Cable TV, Wired for Data, Walk-In Closet(s), Window Treatments
  • Living Area: 4660.0
  • Stories: 2
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Landscaped, Rolling Slope, Sloped
  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Direct Access, Driveway, Garage Door Opener, Off Street, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities, Road Maintenance, Snow Removal, Trash

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Topography: Sloping
  • Parcel Number: 735-67-51-49-000-090
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3397.03

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2024
Closed on
Aug 20, 2024
Sold by
Hughes Tanya Y
Bought by
Lettner Loretta L
Seller's Agent
Bonita Wallace
Samson Properties
Buyer's Agent
Thomas Rose
Shaheen Ruth Martin & Fonville
List Price
$419,900
Sold Price
$409,000
Premium/Discount to List
-$10,900
-2.6%
Views
17
Current Estimated Value
$421,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,854
Avg. Annual Appreciation
2.93%
Original Mortgage
$219,000
Outstanding Balance
$216,875
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$204,979

Purchase Details

Closed on
Jan 31, 2018
Sold by
Chen Yongyao and Zhu Xuefang
Bought by
Hughes Tanya Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,155
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
The Townes At Swift Creek
Bought by
Chen Yong Yao and Zhu,Xue F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,773
Interest Rate
6.07%
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
Lettner Loretta L $409,000 First American Title
Hughes Tanya Y $287,950 Title Resource Guaranty Co
Chen Yong Yao $309,031 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lettner Loretta L $219,000
Previous Owner Hughes Tanya Y $259,155
Previous Owner Chen Yong Yao $231,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $409,000 -2.6% $88 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $419,900 -- $90 / 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 $3,443 $386,000 $68,000 $318,000
2024 $3,443 $383,100 $65,000 $318,100
2023 $3,397 $373,300 $65,000 $308,300
2022 $3,053 $331,900 $63,000 $268,900
2021 $3,016 $316,700 $63,000 $253,700
2020 $2,870 $302,100 $63,000 $239,100
2019 $2,693 $283,500 $61,000 $222,500
2018 $2,657 $279,700 $61,000 $218,700
2017 $2,795 $291,100 $60,000 $231,100
2016 $2,795 $291,100 $60,000 $231,100
2015 $2,807 $291,100 $60,000 $231,100
2014 $2,549 $265,500 $52,000 $213,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2420313

Central Virginia Regional MLS

APN: 735-67-51-49-000-090