NOT LISTED FOR SALE

5300 Terrace Arbor Cir Unit 99 Midlothian, VA 23112

Estimated Value: $425,713 - $434,000

3 Beds
2.5 Baths
2,354 Sq Ft
$285/mo HOA Fee

Last Sold October 27, 2020

Last sale price $350,000 $149 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,837/month

26 Days on Market

Highlights

  • Outdoor Pool
  • 24.92 Acre Lot
  • Wood Flooring
  • Clover Hill High Rated A
  • Transitional Architecture
  • Main Floor Bedroom

About This Home

As of October 2020

Location, Location, Location and Beautifully updated! Sought after corner unit with first floor master suite - Pristine and move in ready! Entrance foyer, spacious dining area and open and bright family room that offers vaulted ceiling, lovely fireplace with gas logs. Sunroom/TV room is off family room and charming patio area. Kitchen is gorgeous with quartz counter tops, custom backsplash, recipe desk, newer appliances including convection oven - plus sunny breakfast nook. Upstairs won't disappoint with bedrooms 2 and 3 each with walk in closets, full bath with updated vanity, and loft large enough for media room and office area. Great walk in storage area, laundry room, no step entrance to oversized 2 car garage. Come home and relax - yard work and exterior maintenance provided. Walk to restaurants and shopping or you're just a couple of minutes from 288! Of course you can stay home and relax at the pool-just steps away. You'll fall in love!!

Last Agent to Sell the Property

Teresa Melton

BHHS PenFed Realty License #0225059495 Listed on: 08/13/2020

BHHS PenFed Realty

Last Buyer's Agent

Teresa Melton

BHHS PenFed Realty License #0225059495 Listed on: 08/13/2020

BHHS PenFed Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,703

Year Built

  • Built in 2006

Lot Details

  • 24.92

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,354 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor 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

Listing and Financial Details

  • Assessor Parcel Number 735-67-51-49-000-099

Community Details

Overview

  • Terraces At Swift Creek Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,703

Year Built

Built in 2006

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2006
  • Property Attached Yn: Yes
  • Lot Size Acres: 24.918
  • Ownership: Individuals
  • Subdivision Name: Terraces At Swift Creek
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 2354.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Pool Features: Community, Pool
  • Waterfront: No
  • Construction Type: Brick, Frame, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Structure, Pool(s)

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 735-67-51-49-000-099
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2703.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 21, 2020
Sold by
Culbreth Daniel C and Culbreth Carol L
Bought by
Adams Kenneth J and Adams Licia L
Seller's Agent
Teresa Melton
BHHS PenFed Realty
Buyer's Agent
Teresa Melton
BHHS PenFed Realty
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$428,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,678
Avg. Annual Appreciation
4.21%
Original Mortgage
$319,130
Outstanding Balance
$284,628
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,050

Purchase Details

Closed on
May 10, 2016
Sold by
Neai Edward Ronald and Neai Marlene A
Bought by
Culbreth Daniel C and Culbreth Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2015
Sold by
Fisher Laura L
Bought by
Neal Edward R

Purchase Details

Closed on
Mar 30, 2006
Sold by
The Towns At Swift Creek
Bought by
Fisher Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,124
Interest Rate
6.26%
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
Adams Kenneth J $350,000 Attorney
Culbreth Daniel C $305,000 Day Title Services Lc
Neal Edward R $297,000 --
Fisher Laura $310,155 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Kenneth J $319,130
Previous Owner Culbreth Daniel C $244,000
Previous Owner Fisher Laura $248,124
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $350,000 0.0% $149 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $349,900 0.0% $149 / Sq Ft
09/04/2020 09/04/20 For Sale $349,900 0.0% $149 / Sq Ft
08/25/2020 08/25/20 Off Market $350,000 -- --
08/24/2020 08/24/20 For Sale $338,000 -3.4% $144 / Sq Ft
08/24/2020 08/24/20 Off Market $350,000 -- --
08/13/2020 08/13/20 For Sale $338,000 -- $144 / 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 $3,453 $387,100 $68,000 $319,100
2024 $3,453 $385,300 $65,000 $320,300
2023 $3,413 $375,100 $65,000 $310,100
2022 $3,065 $333,200 $63,000 $270,200
2021 $3,028 $317,900 $63,000 $254,900
2020 $2,905 $305,800 $63,000 $242,800
2019 $2,703 $284,500 $61,000 $223,500
2018 $2,754 $283,000 $61,000 $222,000
2017 $2,813 $292,200 $60,000 $232,200
2016 $2,805 $292,200 $60,000 $232,200
2015 $2,818 $292,200 $60,000 $232,200
2014 $2,580 $268,700 $52,000 $216,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2024616

Central Virginia Regional MLS

APN: 735-67-51-49-000-099