NOT LISTED FOR SALE

5500 Krag Rd Chester, VA 23831

Estimated Value: $454,026 - $475,000

4 Beds
3 Baths
2,526 Sq Ft
$185/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $415,000 $164 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,794/month

4 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • Wood Flooring
  • Separate Formal Living Room
  • Skylights

About This Home

As of June 2022

Welcome home to 5500 Krag Rd, this classic brick home located in a quiet neighborhood this is the perfect place for you to call home. Walking up the front walk and into the home you’re welcomed into a beautiful foyer with vaulted ceilings. To your left, you have a beautiful formal dining room. To your right, an open living room with two large windows allowing natural light to flow in. Continue into the kitchen with white cabinets, stainless steel appliances, granite countertops, and tile backsplash. This kitchen flows directly into the dining space with a large bay window overlooking the backyard! Through the kitchen you will find the family room all centered around a brick fireplace, and french door access to the Florida room with vaulted ceiling. The perfect place to enjoy all seasons!This first level also offers a full bath and first floor bedroom! Traveling up to the second floor you will find two more bedrooms sharing a hall bath and secluded spacious primary with large walk-in closet, and en suite. Outside enjoy a large deck, bricked patio, fire pit, and lush green backyard. Book your showing today this home will not last long.

Last Agent to Sell the Property

Brad Ruckart

Real Broker LLC License #0225064787 Listed on: 06/02/2022

Real Broker LLC

Co-Listed By

Tommy Waterworth

Real Broker LLC License #0225209480

Last Buyer's Agent

Robin Austin

KW Metro Center License #0225105910

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,080

Year Built

  • Built in 1987

Lot Details

  • 0.61 Acre Lot
  • Partially Fenced Property
  • Zoning described as R7

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,526 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Fireplace Features Masonry
  • Awning
  • Window Treatments
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Rear Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Septic Tank

Community Details

  • Lakewood Farms Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 782-65-77-81-300-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,080

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: 0.614
  • Co List Office Mls Id: KWMS02
  • Co List Office Phone: (804) 282-5901
  • 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: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Disposal
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Bath in Primary Bedroom, Skylights, Window Treatments
  • Living Area: 2526.0
  • Stories: 2
  • Window Features: Skylight(s), Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Partial
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Awning(s), Deck, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Rear Porch, Patio, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Paved

Utilities

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

Schools

  • Middle Or Junior School: Carver

Lot Info

  • Parcel Number: 782-65-77-81-300-000
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3080.0
  • Tax Lot: 29

MLS Schools

  • Elementary School: Ecoff
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Jun 13, 2022
Sold by
Thrift Anthony S
Bought by
West Carolyn
Seller's Agent
Brad Ruckart
Real Broker LLC
Buyer's Agent
Robin Austin
KW Metro Center
List Price
$375,000
Sold Price
$415,000
Premium/Discount to List
$40,000
10.67%
Current Estimated Value
$466,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,507
Avg. Annual Appreciation
3.59%

Purchase Details

Closed on
Mar 2, 2019
Sold by
Thrift Anthony S
Bought by
Thrift Anthony S and Thrift Mary L

Purchase Details

Closed on
Dec 30, 2003
Sold by
Oats John
Bought by
Thrift Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1996
Sold by
Boutelle Owen C
Bought by
Oates Ii John and Oates Ii Diane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
8.08%
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
West Carolyn $415,000 None Listed On Document
Thrift Anthony S -- None Available
Thrift Anthony $225,000 --
Oates Ii John $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oates Ii John $177,500
Previous Owner Oates Ii John $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2022 06/27/22 Sold $415,000 +10.7% $164 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $375,000 -- $148 / 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 $3,941 $440,000 $66,000 $374,000
2024 $3,941 $430,400 $61,000 $369,400
2023 $3,700 $406,600 $61,000 $345,600
2022 $3,421 $371,900 $57,000 $314,900
2021 $3,146 $324,200 $55,000 $269,200
2020 $3,037 $312,800 $53,000 $259,800
2019 $2,863 $301,400 $53,000 $248,400
2018 $2,654 $276,400 $53,000 $223,400
2017 $2,631 $268,900 $53,000 $215,900
2016 $2,507 $261,100 $53,000 $208,100
2015 $2,591 $267,300 $53,000 $214,300
2014 $2,555 $263,500 $53,000 $210,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2215098

Central Virginia Regional MLS

APN: 782-65-77-81-300-000