NOT LISTED FOR SALE

5503 Springwater Ln Henrico, VA 23228

Laurel Neighborhood

Estimated Value: $283,000 - $317,000

3 Beds
3 Baths
1,280 Sq Ft
1,655 Sq Ft Lot

Highlights

  • Zoned Cooling
  • Wall to Wall Carpet
  • Heat Pump System

About This Home

As of August 2014

Bright & Open 3 Bedroom, 2 1/2 Bath Townhome in a Great Location! Beautiful upgraded Kitchen. Granite Kitchen countertop, Fenced Rear Yard with Paver Patio and Detached storage. Large Master Suite with Walk-in Closet and Private Bath. Gas Heat, Central Cooling and all Appliances convey! $1275 rent per month. $1275 security deposit. $250 pet deposit. HOA and taxes are included in the rent. Utilities are not included in the rent. Exterior maintenance and trash pickup is included in the HOA fees. Available Immediately.

Last Agent to Rent the Property

Hemant Naphade

Choice 1 Real Estate License #0225059777 Listed on: 07/09/2014

Last Renter's Agent

Hemant Naphade

Choice 1 Real Estate License #0225059777 Listed on: 07/09/2014

Condo Details

Home Type

  • Condominium

Year Built

  • 2003

Lot Details

  • 1,655

Parking

  • 2 Parking Garage Spaces

Interior Spaces

  • 3 Bedrooms
  • Property has 2 Levels
  • Wall to Wall Carpet

Utilities

  • Zoned Cooling
  • Heat Pump System

Condo Details

Home Type

Condominium

Year Built

2003

Lot Details

0

Rental Info

  • Paid By: Owner
  • Application Fee Description: $52 per applicant and $82 with co-applicant
  • Application Fee Per Applicant: 52
  • Deposit: 1275
  • Lease Terms: Year
  • Rental Restrictions: Tenants to abide by the HOA rules and regulations
  • Rent Includes: Trash Pickup

Interior Features

  • Appliances Equipment: Dryer, Electric Cooking, Microwave, Oven, Refrigerator, Stove, Washer
  • Flooring: Carpet-W-W
  • Interior: Dryer Hookup, Walk-In Closet, Washer Hookup
  • Number of Rooms: 6
  • Total Bedrooms: 3
  • Number Of Levels: 2.00

Exterior Features

  • Siding: Vinyl

Garage/Parking

  • Assigned Spaces: 2

Utilities

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

Association/Amenities

  • Amenities: Association, Common Area

Condo/Co-op/Association

  • Pets: Yes

Fee Information

  • Fee: 150.00
  • Fee Period: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2014
Sold by
Lamay Daniel K
Bought by
Kute Niraj D and Mahendrakar Shweta B
Current Estimated Value
$299,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Outstanding Balance
$87,018
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$212,387

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
08/13/2014 08/13/14 Rented $1,250 -2.0% --
07/14/2014 07/14/14 Under Contract -- -- --
07/09/2014 07/09/14 For Rent $1,275 -- --
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

  • Hemant Naphade

    Landlord's Agent in 2014

    Hemant Naphade

    Choice 1 Real Estate

    (804) 248-2003

    7 in this area

    127 Total Sales

    Hemant Naphade
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Map

Source: Central Virginia Regional MLS

MLS Number: 1419591

Central Virginia Regional MLS

APN: 765-757-8748

Virginia Henrico County Henrico 23228 Laurel

5503 Springwater Ln, Henrico, VA

Not Listed for Sale

Condos

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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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