NOT LISTED FOR SALE

5406 Krag Rd Chester, VA 23831

Estimated Value: $463,936 - $484,000

5 Beds
3 Baths
2,610 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $425,000 $163 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,530/month

10 Days on Market

Highlights

  • 0.91 Acre Lot
  • Wood Flooring
  • Front Porch
  • Deck
  • 2 Car Direct Access Garage
  • Cooling Available

About This Home

As of July 2022

Welcome to 5406 Krag Rd, located in stunning Lakewood Farms. This home has 5 bedrooms, 3 full bathrooms, and 2,610 sqft situated on nearly an acre of land. Pride in ownership shows with this meticulously maintained property, including beautiful landscaping and mature trees surrounding it. The updated kitchen has quartz countertops, an electric range, a dishwasher and a microwave. The deck has been beautifully completed with Trex decking. You and your family will love spending time in the spacious backyard, the screened-in gazebo and enjoy the convenience of an irrigation system serviced by Avery Irrigation. Other features include a walk-up attic with a fan for heat dissipation, annual maintenance by Chesterfield Pest Control and the septic system has been maintained every 5 years; last pump being approximately 2 years ago; Ruud HVAC is less than 6 years old and maintained annually by James River Air.

Last Agent to Sell the Property

Weston Estes

RE/MAX Commonwealth License #0225054224 Listed on: 07/01/2022

RE/MAX Commonwealth

Last Buyer's Agent

Julie Smart Koob

Napier Realtors, ERA License #0225103958

Napier Realtors, ERA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 1987

Lot Details

  • 0.91 Acre Lot
  • Zoning described as R7

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,610 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Crawl Space
  • Attic Fan

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Ecoff Elementary School
  • Carver Middle School
  • Bird High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • Septic Tank

Community Details

  • Lakewood Farms Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 782-65-79-01-900-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,927

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Property Attached Yn: No
  • Lot Size Acres: 0.914
  • Ownership: Individuals
  • Subdivision Name: Lakewood Farms
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2610.0
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Garage, Garage Door Opener

Utilities

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

Schools

  • Middle Or Junior School: Carver

Lot Info

  • Parcel Number: 782-65-79-01-900-000
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2927.0
  • Tax Lot: 28

MLS Schools

  • Elementary School: Ecoff
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 22, 2022
Sold by
Maxey William L and Maxey Teresa G
Bought by
Becker James R and Becker Maria A
Seller's Agent
Weston Estes
RE/MAX Commonwealth
Buyer's Agent
Julie Smart Koob
Napier Realtors, ERA
List Price
$390,000
Sold Price
$425,000
Premium/Discount to List
$35,000
8.97%
Current Estimated Value
$478,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,234
Avg. Annual Appreciation
3.72%
Original Mortgage
$424,760
Outstanding Balance
$406,420
Interest Rate
5.78%
Mortgage Type
VA
Estimated Equity
$71,814

Purchase Details

Closed on
May 25, 1999
Sold by
Blackmon Jack M and Blackmon Elaine G
Bought by
Maxey William L and Maxey Teresa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.88%
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
Becker James R $425,000 Fidelity National Title
Maxey William L $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker James R $424,760
Previous Owner Maxey William L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2022 07/29/22 Sold $425,000 +9.0% $163 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $390,000 -- $149 / 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 $25 $433,300 $66,000 $367,300
2024 $25 $422,900 $61,000 $361,900
2023 $3,628 $398,700 $61,000 $337,700
2022 $3,249 $353,200 $57,000 $296,200
2021 $2,952 $308,100 $55,000 $253,100
2020 $2,822 $297,000 $53,000 $244,000
2019 $2,716 $285,900 $53,000 $232,900
2018 $2,492 $262,300 $53,000 $209,300
2017 $2,447 $254,900 $53,000 $201,900
2016 $2,375 $247,400 $53,000 $194,400
2015 $2,429 $253,000 $53,000 $200,000
2014 $2,388 $248,800 $53,000 $195,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2217250

Central Virginia Regional MLS

APN: 782-65-79-01-900-000