NOT LISTED FOR SALE

5306 Watercrest Rd Midlothian, VA 23112

Estimated Value: $562,000 - $619,000

4 Beds
2.5 Baths
3,084 Sq Ft
$191/Sq Ft Est. Value

Last Sold February 21, 2019

Last sale price $340,000 $110 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,744/month

182 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Community Lake
  • Cosby High School Rated A
  • Colonial Architecture
  • Clubhouse

About This Home

As of February 2019

Majestic Brick Colonial in Private Setting Just Steps to the Lake!! You’ll love the elegant finishes and the bright and open spaces for family and entertaining! Beautiful hardwood floors throughout the first floor accentuate the formal rooms. The family room includes a white brick fireplace with gas logs, built-in wet bar with storage, and open access to the sunlight-drenched Florida room that flows nicely to the large deck overlooking the peaceful backyard protected by preserved greenspace! The kitchen features refreshed cabinets, corian counters, stainless and black appliances, a built-in desk, and an informal dining area by a bay window. Upstairs, you’ll find an oversized master bedroom including an en-suite with marble jetted tub and separate shower. You’ll have plenty of storage from the floored attic to the huge 2-car garage! You’ll save money with the newer heat pump system, including dual-fuel efficiency upstairs! The remarkably low-cost community offers great amenities in an award-winning school district close to many dining, shopping and recreation options! Don’t miss out on this great opportunity to own a stately home in a lake community at great price!

Last Agent to Sell the Property

Clayton Gits

Real Broker LLC License #0225086086 Listed on: 07/26/2018

Co-Listed By

John Tiller

Real Broker LLC License #0225217772

Last Buyer's Agent

Sean Davis

Cloverleaf Realty, Inc. License #0225062642

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1988

Lot Details

  • 0.39 Acre Lot
  • Lake Front
  • Zoning described as R9

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 2.5 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,084 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Features Masonry
  • Gas Fireplace
  • Bay Window
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space
  • Eat-In Kitchen
  • Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Rear Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 723-68-04-13-100-000

Community Details

Overview

  • Watercrest Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,413

Year Built

Built in 1988

Lot Details

0

HOA Fees

$89 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Property Attached Yn: No
  • Lot Size Acres: 0.39
  • Co List Office Mls Id: EXXP01
  • Co List Office Phone: 804-729-5188
  • Ownership: Individuals
  • Subdivision Name: Watercrest
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Gas Water Heater, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bay Window, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, High Ceilings, Bath in Primary Bedroom, Pantry, Recessed Lighting
  • Living Area: 3084.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: None, Community
  • Waterfront Features: Lake, Water Access, Walk to Water
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Electric, Heat Pump, Natural Gas, Zoned
  • Cooling: Electric, Heat Pump, Zoned
  • 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, Community Pool, Home Owners Association, Lake, Pond, Pool, Trails/Paths
  • Amenities: Management
  • Association Fee: 89.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Pool(s), Recreation Facilities, Snow Removal

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 723-68-04-13-100-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3413.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Clover Hill
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Feb 14, 2019
Sold by
Hamlett Keith E and Hamlett Christine F
Bought by
Akers Neal H and Akers Carey M
Seller's Agent
Clayton Gits
Real Broker LLC
Buyer's Agent
Sean Davis
Cloverleaf Realty, Inc.
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Current Estimated Value
$590,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,013
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Myers Charlene F
Bought by
Hamlett Keith E and Hamlett Christine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1998
Sold by
Little Karen A
Bought by
Myers Charlene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.96%
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
Akers Neal H $340,000 Homeland Title Stlmnt Agency
Hamlett Keith E $265,000 --
Myers Charlene F $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamlett Keith E $254,381
Previous Owner Myers Charlene F $212,000
Previous Owner Myers Charlene F $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2019 02/21/19 Sold $340,000 -2.9% $110 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
09/27/2018 09/27/18 Price Changed $350,000 -4.1% $113 / Sq Ft
07/26/2018 07/26/18 For Sale $365,000 -- $118 / 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 $4,754 $531,400 $105,000 $426,400
2024 $4,754 $509,400 $105,000 $404,400
2023 $4,212 $462,900 $98,000 $364,900
2022 $4,015 $436,400 $95,000 $341,400
2021 $3,712 $383,800 $92,000 $291,800
2020 $3,549 $373,600 $92,000 $281,600
2019 $3,486 $366,900 $92,000 $274,900
2018 $3,421 $359,300 $89,000 $270,300
2017 $3,378 $346,700 $86,000 $260,700
2016 $3,290 $342,700 $83,000 $259,700
2015 $3,208 $331,600 $82,000 $249,600
2014 $3,127 $323,100 $80,000 $243,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1824973

Central Virginia Regional MLS

APN: 723-68-04-13-100-000