$390,000
SOLD AUG 1, 2023

5224 Terrace Arbor Cir Unit 96 Midlothian, VA 23112

3 Beds
2.5 Baths
2,403 Sq Ft
$308/mo HOA Fee

Recently Sold

$162 Per Sq Ft

2% Below List Price

5 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Wood Flooring
  • Clover Hill High Rated A
  • Clubhouse
  • 1 Car Attached Garage

About This Home

As of August 2023

Immaculate upgraded townhome in the Terraces at Swift Creek! New Paint(2021) and New Updated Light Fixtures throughout the home. You will really appreciate the first floor Primary bedroom with fully renovated ensuite bath and oversized Walk-in Closet with Built-in Cabinets. The Eat-In kitchen features all new appliances, quartz counter tops, newly painted and new hardware on cabinets, and back splash. The Living Room offers room for visitors and guests with a cathedral celling and gas-fireplace. Enjoy your Morning room with access to a private Patio area. Home also features extra storage space in home and garage, and new front storm door. The second floor features a lovely loft area leading to 2 additional large bedrooms with large hall bathroom. Clubhouse and pool are in walking distance complete with exercise room. You are within 20 minutes of Downtown Richmond and seconds to great dining and grocery/errands shopping. This one is a must see! You will notice the easy living open floor plan that will become your next home!

Last Agent to Sell the Property

Denise Thruston

Keller Williams License #0225175195 Listed on: 06/26/2023

Keller Williams

Last Buyer's Agent

Eric Morris

BHG Base Camp License #0225234896

BHG Base Camp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,161

Year Built

  • Built in 2005

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,403 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tax Lot 096
  • Assessor Parcel Number 735675149000096

Community Details

Overview

  • Terraces At Swift Creek Subdivision

Recreation

  • Fitness Center
  • Trails

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,161

Year Built

Built in 2005

Lot Details

0

HOA Fees

$308 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2005
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Terraces At Swift Creek
  • Architectural Style: 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: Dryer, Dishwasher, Exhaust Fan, Electric Cooking, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Living Area: 2403.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: In Ground, None
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Home Owners Association, Street Lights, Trails/Paths
  • Amenities: Landscaping, Management
  • Association Fee: 308.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Snow Removal, Trash

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 735675149000096
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3161.34
  • Tax Lot: 096

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 19, 2023
Sold by
Johnson Samuel E and Johnson Donna M
Bought by
Penda Joanne
Seller's Agent
Denise Thruston
Keller Williams
Buyer's Agent
Eric Morris
BHG Base Camp
List Price
$398,900
Sold Price
$390,000
Premium/Discount to List
-$8,900
-2.23%
Views
32
Current Estimated Value
$412,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,074
Avg. Annual Appreciation
2.81%

Purchase Details

Listed on
Nov 8, 2020
Closed on
Jan 19, 2021
Sold by
Styles Mark C
Bought by
Johnson Samuel E and Johnson Donna
Seller's Agent
Becky Parker
Real Broker LLC
Buyer's Agent
David Johnson
Long & Foster REALTORS
List Price
$300,000
Sold Price
$297,500
Premium/Discount to List
-$2,500
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%

Purchase Details

Closed on
Jun 18, 2009
Sold by
First Community Bank N A
Bought by
Styles Mark C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Kepley Broscious and Kepley Biggs
Bought by
First Community Bank N A

Purchase Details

Closed on
Jul 26, 2005
Sold by
The Townes At Swift Creek
Bought by
Cahoon Stephanie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.67%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $390,000 Fidelity National Title
Warranty Deed $297,500 Lafayette Title & Escrow Llc
Special Warranty Deed $248,900 --
Trustee Deed $180,000 --
Warranty Deed $281,940 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $125,000 New Conventional
Previous Owner $252,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $390,000 -2.2% $162 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $398,900 +34.1% $166 / Sq Ft
01/19/2021 01/19/21 Sold $297,500 -0.8% $124 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $300,000 0.0% $125 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $300,000 -- $125 / 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 $3,335 $373,900 $64,000 $309,900
2024 $3,335 $360,600 $61,000 $299,600
2023 $3,161 $347,400 $61,000 $286,400
2022 $2,814 $305,900 $59,000 $246,900
2021 $2,781 $291,900 $59,000 $232,900
2020 $2,644 $278,300 $59,000 $219,300
2019 $2,499 $263,100 $57,000 $206,100
2018 $2,436 $247,200 $57,000 $190,200
2017 $2,519 $262,000 $57,000 $205,000
2016 $2,515 $262,000 $57,000 $205,000
2015 $2,528 $262,000 $57,000 $205,000
2014 $2,281 $237,600 $49,000 $188,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2313138

Central Virginia Regional MLS

APN: 735-67-51-49-000-096