NOT LISTED FOR SALE

5501 Millstream Ln Henrico, VA 23228

Laurel Neighborhood

Estimated Value: $296,000 - $319,000

3 Beds
2.5 Baths
1,452 Sq Ft
2,614 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $238,000 $164 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,857/month

Highlights

  • Wood Flooring
  • Furnished
  • Walk-In Closet
  • High Ceiling
  • Breakfast Area or Nook
  • Central Air

About This Home

As of March 2024

3 Bedrooms, 2.1 baths townhouse for rent. Available immediately.

Last Agent to Rent the Property

Hemant Naphade

Choice 1 Real Estate License #0225059777 Listed on: 02/21/2024

Last Renter's Agent

Hemant Naphade

Choice 1 Real Estate License #0225059777 Listed on: 02/21/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,528

Year Built

  • 2003

Lot Details

  • Fenced

Parking

  • Assigned Parking

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Dumbarton Elementary School
  • Brookland Middle School
  • Hermitage High School

Utilities

  • Central Air
  • Floor Furnace

Listing and Financial Details

  • Security Deposit $2,000
  • Property Available on 3/1/24
  • 12 Month Lease Term

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Property has a Home Owners Association
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,528

Year Built

2003

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Rent Includes: Gardener, Trash Collection
  • Lease Term: 12 Months
  • Available Date: 2024-03-01
  • Security Deposit: 2000.0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Attached
  • Property Attached Yn: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Cooking, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Breakfast Area, Ceiling Fan(s), Dining Area, High Ceilings, Laminate Counters, Pantry, Walk-In Closet(s)
  • Living Area: 1452.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Disclosures: Renters Insurance Required

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Heating: Floor Furnace
  • Cooling: Central Air
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Pets Allowed: Yes

Schools

  • Middle Or Junior School: Brookland

Lot Info

  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Dumbarton
  • High School: Hermitage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 15, 2021
Sold by
Cullen John R and Cullen Mary V
Bought by
Karandikar Amar V and Karandikar Uma A
Seller's Agent
Bettye Reitmeier
Century 21 Colonial Realty
Buyer's Agent
Hemant Naphade
Choice 1 Real Estate
List Price
$235,000
Sold Price
$238,000
Premium/Discount to List
$3,000
1.28%
Current Estimated Value
$311,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,356
Avg. Annual Appreciation
6.18%
Original Mortgage
$178,500
Outstanding Balance
$161,164
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$150,192

Purchase Details

Closed on
Mar 17, 2015
Sold by
Clark Tr David L
Bought by
Cullen John R

Purchase Details

Closed on
Mar 3, 2006
Sold by
Willis Katie P
Bought by
Clark David L

Purchase Details

Closed on
Aug 21, 2003
Sold by
Nvr Inc
Bought by
Pendergast John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,592
Interest Rate
5.52%
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
Karandikar Amar V $238,000 Attorney
Cullen John R $183,000 --
Clark David L $210,000 --
Pendergast John $176,990 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karandikar Amar V $178,500
Previous Owner Pendergast John $141,592
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Rented $2,000 0.0% --
02/21/2024 02/21/24 For Rent $2,000 0.0% --
04/30/2021 04/30/21 Sold $238,000 +1.3% $164 / Sq Ft View Prior Sale
03/15/2021 03/15/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $235,000 -- $162 / 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 $2,528 $285,700 $52,500 $233,200
2024 $2,528 $259,500 $50,400 $209,100
2023 $2,206 $259,500 $50,400 $209,100
2022 $1,953 $229,800 $46,200 $183,600
2021 $1,769 $196,400 $42,000 $154,400
2020 $1,709 $196,400 $42,000 $154,400
2019 $1,668 $191,700 $42,000 $149,700
2018 $1,535 $176,400 $42,000 $134,400
2017 $1,481 $170,200 $42,000 $128,200
2016 $1,481 $170,200 $42,000 $128,200
2015 $1,374 $165,600 $42,000 $123,600
2014 $1,374 $157,900 $42,000 $115,900
Source: Public Records

Agents Affiliated with this Home

  • Hemant Naphade

    Landlord's Agent in 2024

    Hemant Naphade

    Choice 1 Real Estate

    (804) 248-2003

    7 in this area

    138 Total Sales

    Hemant Naphade
    Section Image
  • Bettye Reitmeier

    Seller's Agent in 2021

    Bettye Reitmeier

    Century 21 Colonial Realty

    (804) 943-8286

    1 in this area

    48 Total Sales

    Bettye Reitmeier
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2404246

Central Virginia Regional MLS

APN: 765-757-7921

Virginia Henrico County Henrico 23228 Laurel

5501 Millstream Ln, Henrico, VA

This home is located at 5501 Millstream Ln, Henrico, VA 23228 since 21 February 2024 and is currently priced at $311,356. This property was built in 2003. 5501 Millstream Ln is a home located in Henrico County with nearby schools including Dumbarton Elementary School, Brookland Middle School, and Hermitage High School.

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.

Central Virginia Regional MLS 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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