NOT LISTED FOR SALE

5501 Summer Creek Way Glen Allen, VA 23059

Estimated Value: $783,949 - $900,000

4 Beds
3 Baths
3,301 Sq Ft
$254/Sq Ft Est. Value

Last Sold July 01, 2013

Last sale price $500,000 $151 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,903/month

Highlights

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

About This Home

As of July 2013

IMMACULATE BRICK FRONT TRANSITIONAL ON A CUL-DE-SAC in a desirable area within walking distance to Shady Grove Elementary! New carpet, Granite in the Kitchen and Butler's Pantry, Hunter Douglas Silhouette window treatments, Kitchen Backsplash, New Paint and Stainless Appliances are just a few of the 30K worth of upgrades the current owners invested into this fantastic home! You are sure to appreciate the added bonuses such as THREE FULL baths upstairs, a HUGE office on the main floor, a SPACIOUS LEVEL FENCED IN BACK YARD, separate Sitting Area in the Master Suite and a BRIGHT Morning Room right off the Kitchen! This home has it all including the option to join Wyndham's association to take part in their wonderful amenities such as the pool, tennis courts, gym and playground area!!

Last Agent to Sell the Property

Larry Mills

Joyner Fine Properties License #0225055341 Listed on: 04/03/2013

Joyner Fine Properties

Last Buyer's Agent

Paige Shaheen

Shaheen Ruth Martin & Fonville License #0225186851

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,403

Year Built

  • 1999

Lot Details

  • 0.36

Home Design

  • Composition Roof
  • Asphalt Roof

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Property has 2 Levels
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 736-777-5517

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,403

Year Built

1999

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 151.47
  • Finished Sq Ft: 3301
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Flooring: Carpet-Part, Tile, Wood
  • Interior: 9 Ft + Ceilings, Built In Cabinet/Bookcases, Butlers Pantry, Cathedral Ceiling, Ceiling Fan, Eat-In-Kitchen, Formal Dining Room, Breakfast Nook, Island, Recessed Lighting
  • Number of Rooms: 10
  • Fireplace: Gas, Direct Vent
  • Total Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 3
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Pull Down
  • Number Of Levels: 2.00

Exterior Features

  • Roof: Asphalt, Composition
  • Siding: Brick, Vinyl

Garage/Parking

  • Garage Type: Attached, Direct Entry
  • Number Of Cars: 2

Utilities

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

Fee Information

  • Fee: 346.00
  • Fee Period: Yearly

Schools

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

Lot Info

  • Zoning: R-3C
  • Lot: 20
  • Parcel Number: 736-777-5517

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jun 18, 2013
Sold by
Lee Hans
Bought by
Clark Douglas J
Seller's Agent
Larry Mills
Joyner Fine Properties
Buyer's Agent
Paige Shaheen
Shaheen Ruth Martin & Fonville
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$839,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,987
Avg. Annual Appreciation
4.32%
Original Mortgage
$450,000
Outstanding Balance
$320,389
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$519,598

Purchase Details

Closed on
Jun 15, 2011
Sold by
Garcia Larry L
Bought by
Lee Hans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1999
Bought by
Garcia Larry L and Garcia Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Clark Douglas J $500,000 --
Lee Hans $410,000 --
Garcia Larry L $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Douglas J $450,000
Previous Owner Lee Hans $410,000
Previous Owner Garcia Larry L $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2013 07/01/13 Sold $500,000 0.0% $151 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $500,000 -- $151 / 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 $5,403 $621,800 $150,000 $471,800
2024 $5,403 $596,300 $140,000 $456,300
2023 $5,069 $596,300 $140,000 $456,300
2022 $4,603 $541,500 $130,000 $411,500
2021 $4,338 $498,600 $110,000 $388,600
2020 $4,338 $498,600 $110,000 $388,600
2019 $4,338 $498,600 $110,000 $388,600
2018 $4,189 $481,500 $110,000 $371,500
2017 $4,189 $481,500 $110,000 $371,500
2016 $4,288 $492,900 $110,000 $382,900
2015 $4,102 $492,900 $110,000 $382,900
2014 $4,102 $471,500 $100,000 $371,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1308451

Central Virginia Regional MLS

APN: 736-777-5517