NOT LISTED FOR SALE

5324 Terrace Arbor Cir Midlothian, VA 23112

Estimated Value: $412,000 - $428,000

3 Beds
2.5 Baths
2,403 Sq Ft
$262/mo HOA Fee

Last Sold November 01, 2018

Last sale price $295,000 $123 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,758/month

9 Days on Market

Highlights

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

About This Home

As of November 2018

Townhouse in the Terraces at Swift Creek perfectly located near 288 and the Hull street shopping corridor. This 3 bedroom, 2.5 bath home features many upgrades including wood floors throughout the first floor, morning room area with beautiful natural lighting, built in bookcases, crown molding, designer lighting, new carpets in the master bedroom, and recessed lighting throughout the house. The home also boasts a renovated kitchen with beautiful granite countertops, glass backsplash, and stainless appliances. Wonderful first floor master space with 2 bedrooms and a loft area upstairs. The neighborhood also provides all your yard maintenance, as well as giving you access to the wonderful clubhouse and pool.

Last Agent to Sell the Property

Jared Davis

EXP Realty LLC License #0225210738 Listed on: 08/30/2018

EXP Realty LLC

Last Buyer's Agent

Melanie Sutherland

The Rick Cox Realty Group License #0225209607

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 2006

Lot Details

  • 24.92

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,403 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Recessed Lighting
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Outdoor Pool
  • Patio
  • Rear Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 735-67-51-49-000-108

Community Details

Overview

  • Terraces At Swift Creek Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,376

Year Built

Built in 2006

Lot Details

0

HOA Fees

$262 per month

Parking

1

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: Two Story
  • 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: Attached,Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Dining Area, Separate/Formal Dining Room, Fireplace, Granite Counters, Main Level Primary, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2403.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: Pool, Community
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame
  • Exterior Features: Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool
  • Association Fee: 262.15
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 735-67-51-49-000-108
  • Zoning Description: O2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2376.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Oct 18, 2018
Sold by
Longstreet Julia B
Bought by
Schmalzried Bernard R and Bailey Amanda
Seller's Agent
Jared Davis
EXP Realty LLC
Buyer's Agent
Melanie Sutherland
The Rick Cox Realty Group
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$417,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,800
Avg. Annual Appreciation
5.17%
Original Mortgage
$265,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2006
Sold by
D O Allen Homes Inc
Bought by
Longstreet Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Schmalzried Bernard R $295,000 Attorney
Longstreet Julia $308,120 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmalzried Bernard R $265,500
Previous Owner Longstreet Julia $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $295,000 0.0% $123 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $295,000 -- $123 / 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 $3,372 $378,000 $64,000 $314,000
2024 $3,372 $362,600 $61,000 $301,600
2023 $3,175 $348,900 $61,000 $287,900
2022 $2,823 $306,800 $59,000 $247,800
2021 $2,789 $292,800 $59,000 $233,800
2020 $2,675 $281,600 $59,000 $222,600
2019 $2,508 $264,000 $57,000 $207,000
2018 $2,458 $250,100 $57,000 $193,100
2017 $2,533 $263,100 $57,000 $206,100
2016 $2,526 $263,100 $57,000 $206,100
2015 $2,538 $263,100 $57,000 $206,100
2014 $2,309 $240,500 $49,000 $191,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1831188

Central Virginia Regional MLS

APN: 735-67-51-49-000-108