5500 Axe Handle Terrace Glen Allen, VA 23059
Short Pump NeighborhoodEstimated Value: $1,041,000 - $1,148,000
5
Beds
4
Baths
3,820
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- 1.37 Acre Lot
- Craftsman Architecture
- Wood Flooring
- Kaechele Elementary Rated A-
- Deck
- Main Floor Bedroom
About This Home
As of March 2020Incredible Value! Like new, 5 or 6 bedroom Craftsman style home situated on 1.37 acres. You must see to appreciate the effort and tasteful design of the owners. Bright open floor plan that has all of the upgrades. 1st floor features hardwood floors, dining room with Wainscoting, office/study with french doors, generous sized kitchen with morning room that opens to oversized deck & overlooks private back yard. The kitchen was designed with cooking and entertaining in mind. Stainless appliances, large island with seating for 4, quartz countertops, farmhouse sink, subway tile backsplash, upgraded cabinets w/ soft close drawers, enormous pantry/butlers pantry with serving station and wine rack. Kitchen opens to generous family room w/ stone f/p, reclaimed wood mantle flanked by custom built-ins. 1st floor also features guest bedroom with full bath, laundry room and mudroom with sliding barn door. 2nd floor features beautiful master suite. Master bath has separate soaking tub and tile shower, vessel sinks, Closet Factory walk-in closet, and much more. 3 generous sized bedrooms, Playroom, and 2 additional full baths round out the 2nd floor. Don't miss this one!
Last Agent to Sell the Property
Oakstone Properties License #0225072111 Listed on: 01/03/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,734
Year Built
- Built in 2016
Lot Details
- 1.37 Acre Lot
- Cul-De-Sac
- Street terminates at a dead end
- Landscaped
- Sprinkler System
HOA Fees
- $30 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Rear-Facing Garage
- Garage Door Opener
- Driveway
- Off-Street Parking
Home Design
- Craftsman Architecture
- Transitional Architecture
- Frame Construction
- Shingle Roof
- Vinyl Siding
- Stone
Interior Spaces
- 3,820 Sq Ft Home
- 2-Story Property
- Wired For Data
- Built-In Features
- Bookcases
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Thermal Windows
- Separate Formal Living Room
- Dining Area
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Butlers Pantry
- Built-In Double Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- En-Suite Primary Bedroom
- Walk-In Closet
- 4 Full Bathrooms
- Double Vanity
Eco-Friendly Details
- ENERGY STAR Qualified Appliances
Outdoor Features
- Deck
- Front Porch
Schools
- Kaechele Elementary School
- Short Pump Middle School
- Deep Run High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- Gas Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 731-774-3537
Community Details
Overview
- Westin Estates Subdivision
Amenities
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2020
Closed on
Feb 12, 2020
Sold by
Ohman Edward Allen and Easter Jennifer Holley
Bought by
Altmann Derek A and Altmann Hannah L
Seller's Agent
Jeff Hicks
Oakstone Properties
Buyer's Agent
Kyle Yeatman
Long & Foster REALTORS-
List Price
$699,950
Sold Price
$690,000
Premium/Discount to List
-$9,950
-1.42%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,567
Avg. Annual Appreciation
8.87%
Original Mortgage
$675,000
Outstanding Balance
$602,731
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$477,836
Purchase Details
Closed on
Nov 30, 2016
Sold by
Lifestyle Builders
Bought by
Ohman Edward Allen and Easter Jennifer Holley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,900
Interest Rate
3.47%
Mortgage Type
New Conventional
Similar Homes in Glen Allen, VA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Altmann Derek A | $690,000 | Atlantic Coast Stlmnt Svcs | |
| Ohman Edward Allen | $721,971 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Altmann Derek A | $675,000 | |
| Previous Owner | Ohman Edward Allen | $513,000 | |
| Previous Owner | Easter Jennifer Holley | $135,000 | |
| Previous Owner | Ohman Edward Allen | $535,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2020 03/02/20 | Sold | $690,000 | -1.4% | $181 / Sq Ft |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- |
| 01/03/2020 01/03/20 | For Sale | $699,950 | -- | $183 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $8,147 | $930,600 | $285,400 | $645,200 |
| 2024 | $8,147 | $881,200 | $255,400 | $625,800 |
| 2023 | $7,490 | $881,200 | $255,400 | $625,800 |
| 2022 | $6,328 | $744,500 | $255,400 | $489,100 |
| 2021 | $5,885 | $659,100 | $194,300 | $464,800 |
| 2020 | $5,734 | $659,100 | $194,300 | $464,800 |
| 2019 | $5,734 | $659,100 | $194,300 | $464,800 |
| 2018 | $5,734 | $659,100 | $194,300 | $464,800 |
| 2017 | $5,915 | $679,900 | $194,300 | $485,600 |
| 2016 | $1,021 | $117,300 | $117,300 | $0 |
| 2015 | -- | $189,300 | $189,300 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hicks
Seller's Agent in 2020
Jeff Hicks
Oakstone Properties
(804) 740-1644
2 in this area
19 Total Sales
-
Kyle Yeatman
Buyer's Agent in 2020
Kyle Yeatman
Long & Foster
(804) 516-6413
14 in this area
1,480 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2000220
APN: 731-774-3537
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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