NOT LISTED FOR SALE

5502 W Bay Ct Midlothian, VA 23112

Woodlake Neighborhood

Estimated Value: $516,000 - $572,000

5 Beds
2.5 Baths
2,992 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $415,000 $139 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,459/month

13 Days on Market

Highlights

  • Boat Dock
  • Private Pool
  • Colonial Architecture
  • Cosby High School Rated A
  • 0.51 Acre Lot
  • Community Lake

About This Home

As of October 2021

Lovely majestic two story brick front 5 bedroom colonial located in the beautiful community of Woodlake. Walk thru the lovely mahogany wood glass front door into the formal entrance foyer. From there the first floor features, formal living and dining rooms. Beautiful family room with masonry fireplace, built in bookshelves, recessed lighting that opens in spacious Florida room with access to rear deck area with awning. Kitchen features stainless steel appliances, lovely cabinets, generous counter space, eating area with bay window. Second floor with spacious Primary Bedroom with attached bath with whirlpool and separate shower, four additional large bedrooms and hall bath round out the second floor. First floor utility room features cabinets with built in laundry sink. Attached two car garage with built in storage area with plenty of room for storage. Exterior features beautiful landscaped yard with irrigation in both front and rear. Fenced rear yard with lots of yard space for play area. Washer, Dryer, Refrigerator, and Refrigerator in garage all convey as is. Enjoy resort style living in Woodlake year round. HOA fee $92.34 a month which includes access to pools and lake area.

Last Listed By

Grey Michael

RE/MAX Commonwealth License #0225130949 Listed on: 08/19/2021

RE/MAX Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,373

Year Built

  • Built in 1988

Lot Details

  • 0.51 Acre Lot
  • Street terminates at a dead end
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Zoning described as R9

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Fireplace Features Masonry
  • Awning
  • Bay Window
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Deck

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Exclusions: Chest Freezer
  • Tax Lot 4
  • Assessor Parcel Number 724-67-89-53-800-000

Community Details

Overview

  • Woodlake Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,373

Year Built

Built in 1988

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Property Attached Yn: No
  • Lot Size Acres: 0.512
  • Exclusions: Chest Freezer
  • Ownership: Individuals
  • Subdivision Name: Woodlake
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Smooth Cooktop, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Bookcases, Built-in Features, Breakfast Area, Bay Window, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Jetted Tub, Skylights, Walk-In Closet(s)
  • Living Area: 2992.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Lot Features: Dead End, Landscaped, Level
  • Pool Features: Community, Pool
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Hardboard
  • Exterior Features: Awning(s), Paved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Off Street, Paved

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Community Pool, Dock, Home Owners Association, Lake, Pond, Tennis Court(s), Trails/Paths
  • Association Fee: 92.34
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 724-67-89-53-800-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3373.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Clover Hill
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 1, 2021
Sold by
Smith Gregory A and Smith Becky J
Bought by
Shindler Kevin Jameson and Shindler Dana Marie
Seller's Agent
Grey Michael
RE/MAX Commonwealth
Buyer's Agent
Katie Stiles
Joyner Fine Properties
List Price
$429,950
Sold Price
$415,000
Premium/Discount to List
-$14,950
-3.48%
Total Days on Market
13
Current Estimated Value
$539,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,874
Avg. Annual Appreciation
6.95%
Original Mortgage
$332,000
Outstanding Balance
$307,315
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$220,942

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
Shindler Kevin Jameson $415,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shindler Kevin Jameson $332,000
Previous Owner Smith Gregory A $212,600
Previous Owner Smith Gregory A $233,950
Previous Owner Smith Gregory A $237,000
Previous Owner Smith Gregory A $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $415,000 -3.5% $139 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $429,950 -- $144 / 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 $4,482 $495,200 $105,000 $390,200
2023 $4,084 $448,800 $98,000 $350,800
2022 $3,880 $421,700 $95,000 $326,700
2021 $3,573 $371,300 $92,000 $279,300
2020 $3,499 $361,500 $92,000 $269,500
2019 $3,373 $355,100 $92,000 $263,100
2018 $3,312 $347,600 $89,000 $258,600
2017 $3,271 $335,500 $86,000 $249,500
2016 $3,183 $331,600 $83,000 $248,600
2015 $3,106 $320,900 $82,000 $238,900
2014 $3,026 $312,600 $80,000 $232,600
Source: Public Records

Agents Affiliated with this Home

  • Grey Michael

    Seller's Agent in 2021

    Grey Michael

    RE/MAX

    (804) 464-8505

    1 in this area

    20 Total Sales

    Grey Michael
    Section Image
  • Katie Stiles

    Buyer's Agent in 2021

    Katie Stiles

    Joyner Fine Properties

    (804) 317-7528

    1 in this area

    237 Total Sales

    Katie Stiles
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2125944

Central Virginia Regional MLS

APN: 724-67-89-53-800-000

Virginia Chesterfield County Midlothian 23112 Woodlake

5502 W Bay Ct, Midlothian, VA

Homes for Sale in Midlothian, VA

This home is located at 5502 W Bay Ct, Midlothian, VA 23112 since 19 August 2021 and is currently estimated at $539,874, approximately $180 per square foot. This property was built in 1988. 5502 W Bay Ct 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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