NOT LISTED FOR SALE

5500 Morning Creek Terrace Glen Allen, VA 23059

Wyndham Neighborhood

Estimated Value: $816,000 - $951,000

5 Beds
3 Baths
3,663 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $555,000 $152 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,429/month

7 Days on Market

Highlights

  • Wood Flooring
  • Shady Grove Elementary School Rated A-
  • Forced Air Zoned Heating and Cooling System

About This Home

As of October 2013

Charming home with many upgrades inside and out on a cul-de-sac lot. Formal Living and Dining Rooms with hardwood floors and moldings. Large eat-in Kitchen with plenty of maple cabinets, stainless appliances and granite counters with breakfast bar. Family Room with gas fireplace and built-in bookcases. Florida/Sun Room with vaulted ceiling opens to an outdoor deck and custom stone patio with fireplace. Large Master Suite with updated bath and three closets. Most of the bedrooms have walk-in closets. Versatile third floor suite with built-in cabinets and skylights could be a bedroom or rec room. Attached garage. Beautiful landscaping with irrigation system

Last Agent to Sell the Property

Wayne Hare

Investors Realty of Virginia License #0225092731 Listed on: 07/26/2013

Last Buyer's Agent

Brant Harper

Priority One Real Estate Inc License #0225003167

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,462

Year Built

  • 1999

Lot Details

  • 0.42

Home Design

  • Dimensional Roof
  • Shingle Roof

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property has 2.5 Levels
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 736-776-5874

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,462

Year Built

1999

Lot Details

0

Listing Details

  • Restrictions: Assoc Restrictions
  • Structure: Frame
  • Price Per Finished Sq Ft: 151.51
  • Finished Sq Ft: 3663
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Dishwasher, Microwave, Stove, Disposal, Refrigerator, Smoke Alarm
  • Flooring: Carpet-Part, Tile, Wood
  • Interior: Built In Cabinet/Bookcases, Center Hall, Double Vanity, Eat-In-Kitchen, Formal Dining Room, MBR Bath, Recessed Lighting, Tray Ceiling, Walk-In Closet, Skylight
  • Number of Rooms: 12
  • Fireplace: Gas
  • Total Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 3 Full Bathrooms: 1
  • Full Bath Level 3 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Crawl Space
  • Attic: Walk-In
  • Number Of Levels: 2.50

Exterior Features

  • Fence: Picket, Rear Only
  • Porch: Deck, Patio
  • Exterior: Outdoor Lighting, Palladian Windows, Storage Shed Detached, Thermal Windows
  • Pool Description: Community/Off Site
  • Roof: Dimensional, Shingled
  • Siding: Brick, Vinyl
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: Attached, Auto Door Opener
  • Number Of Cars: 2
  • Parking: Paved Driveway

Utilities

  • Heating Fuel: Natural Gas
  • Heating: 2 Zoned Heat, Forced Hot Air
  • Cooling: 2 Zoned AC, Electric, Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Instant Hot, Natural Gas

Association/Amenities

  • Amenities: Association, Common Area, Jogging Path, Landscaping, Playground, Tennis Court, Basketball, Golf Course

Fee Information

  • Fee: 346.00
  • Fee Description: Community Association
  • Fee Includes: Comm Ar Mnt, Management Fees, Snow Removal, Recreational Facilities
  • Fee Period: Yearly

Schools

  • Elementary School: Shady Grove
  • Middle School: Short Pump
  • High School: Deep Run

Lot Info

  • Zoning: R-2C
  • Lot: 22B
  • Parcel Number: 736-776-5874

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 15, 2013
Sold by
Binion William D
Bought by
Elwood Lance M and Floyd Jeanne E
Seller's Agent
Wayne Hare
Investors Realty of Virginia
Buyer's Agent
Brant Harper
Priority One Real Estate Inc
List Price
$569,950
Sold Price
$555,000
Premium/Discount to List
-$14,950
-2.62%
Current Estimated Value
$897,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,484
Avg. Annual Appreciation
3.88%
Original Mortgage
$506,600
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 1999
Bought by
Binino William D and Binino Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.74%
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
Elwood Lance M $555,000 --
Binino William D $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floyd Jeanne E $466,349
Closed Floyd Jeanne E $20,503
Closed Elwood Lance M $499,500
Closed Elwood Lance M $506,600
Previous Owner Binino William D $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2013 10/16/13 Sold $555,000 -2.6% $152 / Sq Ft
08/02/2013 08/02/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $569,950 -- $156 / 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 $6,462 $762,400 $180,000 $582,400
2024 $6,462 $747,400 $165,000 $582,400
2023 $6,353 $747,400 $165,000 $582,400
2022 $4,986 $586,600 $150,000 $436,600
2021 $4,929 $547,300 $130,000 $417,300
2020 $4,762 $547,300 $130,000 $417,300
2019 $4,762 $547,300 $130,000 $417,300
2018 $4,649 $534,400 $130,000 $404,400
2017 $4,649 $534,400 $130,000 $404,400
2016 $4,649 $534,400 $130,000 $404,400
2015 $4,507 $534,400 $130,000 $404,400
2014 $4,507 $518,000 $120,000 $398,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1319707

Central Virginia Regional MLS

APN: 736-776-5874