NOT LISTED FOR SALE

5503 Springwater Ln Unit 5503 Henrico, VA 23228

Laurel Neighborhood

Estimated Value: $283,000 - $312,000

3 Beds
2 Baths
1,280 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $153,000 $120 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,762/month

About This Home

As of July 2014

Bright & Open 3 Bedroom, 2 1/2 Bath Townhome in a Great Location! Beautiful upgraded Kitchen. Fenced Rear Yard with Paver Patio and Detached storage. Large Master Suite with Walkin Closet and Private Bath. Gas Heat, Central Cooling and all Appliances convey!

Last Agent to Sell the Property

Carlos Lauranzon

Carlos & Company Realty,Inc License #0225109846 Listed on: 02/12/2014

Last Buyer's Agent

Hemant Naphade

Choice 1 Real Estate License #0225059777

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,208

Year Built

  • 2003

Lot Details

  • 1,307

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 765-757-8748

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,208

Year Built

2003

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 119.53
  • Finished Sq Ft: 1280
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Refrigerator, Stove, Washer
  • Interior: Dining Area, Dryer Hookup, MBR Bath, Walk-In Closet, Washer Hookup
  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Pull Down
  • Number Of Levels: 2.00

Exterior Features

  • Fence: Rear Only
  • Porch: Patio
  • Exterior: Insulated Doors, Storage Shed Detached, Thermal Windows
  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Parking: Assigned

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Fee Information

  • Fee: 150.00
  • Fee Description: Community Association
  • Fee Includes: Clubhouse, Exterior Maintenance, Comm Ar Mnt, Snow Removal, Trash Removal, Yard Maintenance
  • Fee Period: Monthly

Schools

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

Lot Info

  • Zoning: R-THC
  • Lot: 2
  • Parcel Number: 765-757-8748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2014
Closed on
Jun 8, 2014
Sold by
Lamay Daniel K
Bought by
Kute Niraj D and Mahendrakar Shweta B
Seller's Agent
Carlos Lauranzon
Carlos & Company Realty,Inc
Buyer's Agent
Hemant Naphade
Choice 1 Real Estate
List Price
$159,500
Sold Price
$153,000
Premium/Discount to List
-$6,500
-4.08%
Current Estimated Value
$298,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,565
Avg. Annual Appreciation
6.10%
Original Mortgage
$114,750
Outstanding Balance
$87,018
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$211,547

Purchase Details

Closed on
May 23, 2007
Sold by
Alonzo Todd M
Bought by
Lamay Daniel K and Withers,Ashley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Nvr Inc
Bought by
Alonzo Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,334
Interest Rate
5.53%
Mortgage Type
FHA
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
Kute Niraj D $153,000 --
Lamay Daniel K $193,000 --
Alonzo Todd $138,475 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kute Niraj D $114,750
Previous Owner Lamay Daniel K $193,000
Previous Owner Alonzo Todd $136,334
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2014 07/09/14 Sold $153,000 -4.1% $120 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $159,500 -- $125 / 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 $2,208 $249,400 $50,000 $199,400
2024 $2,208 $226,900 $48,000 $178,900
2023 $1,929 $226,900 $48,000 $178,900
2022 $1,714 $201,700 $44,000 $157,700
2021 $1,605 $172,600 $40,000 $132,600
2020 $1,502 $172,600 $40,000 $132,600
2019 $1,467 $168,600 $40,000 $128,600
2018 $1,352 $155,400 $40,000 $115,400
2017 $1,306 $150,100 $40,000 $110,100
2016 $1,306 $150,100 $40,000 $110,100
2015 $1,215 $146,200 $40,000 $106,200
2014 $1,215 $139,600 $40,000 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1403572

Central Virginia Regional MLS

APN: 765-757-8748