NOT LISTED FOR SALE

5501 W Bay Rd Midlothian, VA 23112

Estimated Value: $562,000 - $645,000

5 Beds
2 Baths
3,040 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $352,500 $116 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,723/month

7 Days on Market

Highlights

  • Wood Flooring
  • Cosby High School Rated A
  • Zoned Heating and Cooling

About This Home

As of July 2013

Pristine condition Inside & Out ,lovingly upgraded throughout by current owner: hardwood floors added in Kitchen, Family Room, Powder Room and back hallway, steps, upstairs hall. New Kitchen by Bernhardt & Taylor with granite countertops, slate tile floor in workspace and backsplash, top of the line stainless appliances including built in microwave, huge eat-in area can accomodate a large table,with windows on 2 sides & French door access to Screened porch, hardwood floors in 3 bedrooms,Upstairs Great Room has laminate floor, skylights,custom installed bookshelves with cabinetry below, vaulted ceiling. Master & Hall Baths have vaulted ceilings, gas added to house for heat, fireplaces,cooking, vinyl windows, upgraded moldings. 1 time fee for new owners of $492.60 plus $50 application fee

Last Agent to Sell the Property

John Hall

James River Realty Group LLC License #0225000947 Listed on: 06/07/2013

Last Buyer's Agent

Holly Shaheen

Shaheen Ruth Martin & Fonville License #0225036056

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,641

Year Built

  • 1987

Lot Details

  • 0.41

Home Design

  • Dimensional Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 725-678-48-17-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,641

Year Built

1987

Lot Details

0

Listing Details

  • Structure: Block, Brick
  • Price Per Finished Sq Ft: 115.95
  • Finished Sq Ft: 3040
  • Home Warranty: yes-ist am
  • Planned Unit Development: Woodlake
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Flooring: Tile-Ceramic, Wood-Part
  • Interior: Beamed Ceiling, Built In Cabinet/Bookcases, Ceiling Fan, Center Hall, French Doors, Jetted Tub, Recessed Lighting, Security System
  • Number of Rooms: 10
  • Fireplace: Gas, Stone
  • Total Fireplaces: 1
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Walk-Up
  • Number Of Levels: 2.00

Exterior Features

  • Fence: Picket, Rear Only
  • Roof: Dimensional
  • Siding: Hardboard, Hardiplank
  • Wall Type: Drywall

Garage/Parking

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

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: 2 Zoned Heat
  • Cooling: 2 Zoned AC, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Association/Amenities

  • Amenities: Association, Common Area, Jogging Path

Fee Information

  • Fee: 125.00
  • Fee Description: Community Association
  • Fee Period: Quarterly

Schools

  • Elementary School: Clover Hill
  • Middle School: Tomahawk Creek
  • High School: Cosby

Lot Info

  • Zoning: R9 - ONE FAMILY RES
  • Lot: 031
  • Parcel Number: 725-678-48-17-00000

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 2, 2013
Sold by
Lamp Eric J
Bought by
Ramsay Jason M
Seller's Agent
John Hall
James River Realty Group LLC
Buyer's Agent
Holly Shaheen
Shaheen Ruth Martin & Fonville
List Price
$350,000
Sold Price
$352,500
Premium/Discount to List
$2,500
0.71%
Current Estimated Value
$604,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,564
Avg. Annual Appreciation
4.61%
Original Mortgage
$282,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1999
Sold by
Corish Christopher L
Bought by
Lamp Eric J and Lamp Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.78%
Mortgage Type
VA
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
Ramsay Jason M $352,500 --
Lamp Eric J $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsay Jason M $252,425
Closed Ramsay Jason M $282,000
Previous Owner Lamp Elizabeth C $223,890
Previous Owner Lamp Elizabeth $216,658
Previous Owner Lamp Eric J $175,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Sold $352,500 +0.7% $116 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $350,000 -- $115 / 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 $4,641 $518,600 $105,000 $413,600
2024 $4,641 $496,500 $105,000 $391,500
2023 $4,126 $453,400 $98,000 $355,400
2022 $3,917 $425,800 $95,000 $330,800
2021 $3,626 $374,700 $92,000 $282,700
2020 $3,434 $361,500 $92,000 $269,500
2019 $3,402 $358,100 $92,000 $266,100
2018 $3,302 $347,600 $89,000 $258,600
2017 $3,248 $338,300 $86,000 $252,300
2016 $3,180 $331,300 $83,000 $248,300
2015 $3,129 $323,300 $82,000 $241,300
2014 $3,023 $312,300 $80,000 $232,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1315036

Central Virginia Regional MLS

APN: 725-67-84-81-700-000