NOT LISTED FOR SALE

5501 W Bay Rd Midlothian, VA 23112

Woodlake Neighborhood

Estimated Value: $563,000 - $665,000

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 $3,740/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 Listed By

John Hall

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,494

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

$4,494

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%
Total Days on Market
7
Current Estimated Value
$604,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,582
Avg. Annual Appreciation
4.33%
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

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
2024 $4,494 $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

  • J

    Seller's Agent in 2013

    John Hall

    James River Realty Group LLC

    (804) 218-0511

    1 in this area

    6 Total Sales

    John Hall
    Section Image
  • Holly Shaheen

    Buyer's Agent in 2013

    Holly Shaheen

    Shaheen Ruth Martin & Fonville

    (804) 218-7654

    95 Total Sales

    Holly Shaheen
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1315036

Central Virginia Regional MLS

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

Virginia Chesterfield County Midlothian 23112 Woodlake

5501 W Bay Rd, Midlothian, VA

Homes for Sale in Midlothian, VA

This home is located at 5501 W Bay Rd, Midlothian, VA 23112 since 07 June 2013 and is currently estimated at $604,082, approximately $198 per square foot. This property was built in 1987. 5501 W Bay Rd is a home located in Chesterfield County with nearby schools including Clover Hill Elementary School, Tomahawk Creek Middle School, and Cosby 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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