NOT LISTED FOR SALE

5503 W Bay Rd Midlothian, VA 23112

Estimated Value: $679,000 - $812,431

6 Beds
4.5 Baths
3,720 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $675,000 $181 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,493/month

47 Days on Market

Highlights

  • Water Views
  • Outdoor Pool
  • Community Lake
  • Cosby High School Rated A
  • Colonial Architecture
  • Clubhouse

About This Home

As of March 2024

Price Improvement! Multi-Generational Home in Midlothian's Woodlake! Entry Level new ADA accessible in-law suite w/primary, ensuite & kitchenette/LR. The main house 1st floor features a formal DR, LR w/built-ins, & beamed den w/gas FP. Just off the den's a light filled sunroom w/vaulted ceilings, skylights & direct access to spacious deck. The recently updated eat-in kitchen has plenty of room to cook w/guests & boasts lake views, stainless steel appliances, & quartz/butcher block counters. Upstairs you’ll find a 2nd primary w/walk-in closet & spa-like ensuite w/tiled shower & soakingtub. The 2nd floor is completed by 3 more bedrooms, renovated hall bath & a loft living area. Don’t miss the 3rd floor primary option w/a chic new full bath! The fully fenced park-like backyard adorned w/enclosed garden, large shed w/power, & firepit/pergola, is the perfect spot for entertaining. W/vinyl siding, whole house generator, irrigation system, 4 zone HVAC, and encapsulated crawl, this home's complete! In an award-winning community w/3 pools, access to the 1700 acre Swift Creek RSVR, boating, fishing, 15 miles of walking trails & a multitude of playgrounds, who wouldn’t want to call this Home!

Last Agent to Sell the Property

Jamie Richardson

Providence Hill Real Estate License #0225224447 Listed on: 11/27/2023

Last Buyer's Agent

Terri Abernethy

Shaheen Ruth Martin & Fonville License #0225226586

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,864

Year Built

  • Built in 1988

Lot Details

  • 0.37 Acre Lot
  • Back Yard Fenced

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,720 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Separate Formal Living Room
  • Loft
  • Water Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Garden Bath

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Grab Bars
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Closets
  • Accessibility Features

Outdoor Features

  • Outdoor Pool
  • Walking Distance to Water

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Power Generator
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 725-67-74-59-800-000

Community Details

Overview

  • Woodlake Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,864

Year Built

Built in 1988

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Property Attached Yn: No
  • Lot Size Acres: 0.37
  • Ownership: Individuals
  • Subdivision Name: Woodlake
  • Above Grade Finished Sq Ft: 3720.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Washer
  • Other Equipment: Generator
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Accessible Bedroom, Grab Bars, Accessible Kitchen, Accessible Doors
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Bookcases, Built-in Features, Breakfast Area, Ceiling Fan(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Fireplace, Granite Counters, Garden Tub/Roman Tub, High Ceilings, Loft, Main Level Primary, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 3720.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Pool Features: Pool, Community
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Waterfront: No
  • Construction Type: Block, Frame, Vinyl Siding
  • Property Condition: Resale

Utilities

  • Heating: Electric, Forced Air, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Home Owners Association, Lake, Pond, Pool, Tennis Court(s)
  • Association Fee: 112.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Water Access

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 725-67-74-59-800-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4864.0

MLS Schools

  • Elementary School: Clover Hill
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Mar 13, 2024
Sold by
Walls Michael Warren and Walls Carrie Rebecca
Bought by
Mia Tareq and Black Haley Lois
Seller's Agent
Jamie Richardson
Providence Hill Real Estate
Buyer's Agent
Terri Abernethy
Shaheen Ruth Martin & Fonville
List Price
$689,950
Sold Price
$675,000
Premium/Discount to List
-$14,950
-2.17%
Views
288
Current Estimated Value
$734,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,108
Avg. Annual Appreciation
1.35%
Original Mortgage
$635,643
Outstanding Balance
$621,580
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$67,188

Purchase Details

Closed on
Aug 28, 2023
Sold by
Kennedy Katherine Hannah
Bought by
Walls Carrie Rebecca and Walls Michael Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,100
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 8, 2021
Closed on
Nov 13, 2021
Sold by
Helffenstein Angela S
Bought by
Walls Katherine Hannah and Kennedy Jason Matthew
Seller's Agent
Brooke Barnard
Providence Hill Real Estate
Buyer's Agent
Matthew Richardson
Providence Hill Real Estate
List Price
$490,000
Sold Price
$475,000
Premium/Discount to List
-$15,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$269,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 6, 2021
Sold by
Marlin Benjamin J and Marlin Heidi S
Bought by
Helffenstein Angela S
Seller's Agent
Emily Purdum
Providence Hill Real Estate
Buyer's Agent
Bo Ayers
Samson Properties
List Price
$410,000
Sold Price
$453,251
Premium/Discount to List
$43,251
10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%
Original Mortgage
$353,251
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2014
Closed on
May 6, 2014
Sold by
Nelson Derek T and Mcgee Elizabeth A
Bought by
Marlin Benjamin J
Seller's Agent
John Hall
James River Realty Group LLC
Buyer's Agent
Rose Pai
Napier REALTORS ERA
List Price
$369,500
Sold Price
$349,000
Premium/Discount to List
-$20,500
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$331,550
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2006
Sold by
Long Margaret
Bought by
Nelson Derek and Mcgee,Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2005
Sold by
Picou Anthony J
Bought by
Long Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2001
Sold by
Ryan Kevin P
Bought by
Picou Anthony J and Picou Carol H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 1998
Sold by
Depasquale Joseph S
Bought by
Ryan Kevin P and Ryan Deanne Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mia Tareq $675,000 Title Resources Guaranty
Walls Carrie Rebecca -- None Listed On Document
Walls Katherine Hannah $475,000 Attorney
Helffenstein Angela S $453,251 Attorney
Marlin Benjamin J $349,000 --
Nelson Derek $428,000 --
Long Margaret E $385,000 --
Picou Anthony J $225,000 --
Ryan Kevin P $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mia Tareq $635,643
Previous Owner Walls Carrie Rebecca $363,100
Previous Owner Walls Katherine Hannah $269,000
Previous Owner Helffenstein Angela S $353,251
Previous Owner Marlin Benjamin J $331,550
Previous Owner Nelson Derek $308,000
Previous Owner Long Margaret E $359,650
Previous Owner Ryan Kevin P $163,000
Previous Owner Ryan Kevin P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $675,000 -2.2% $181 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $689,950 +2.2% $185 / Sq Ft
12/22/2023 12/22/23 Off Market $675,000 -- --
11/30/2023 11/30/23 For Sale $699,950 +47.4% $188 / Sq Ft
11/19/2021 11/19/21 Sold $475,000 0.0% $139 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
09/29/2021 09/29/21 Price Changed $475,000 -3.1% $139 / Sq Ft
09/08/2021 09/08/21 For Sale $490,000 +8.1% $143 / Sq Ft
07/09/2021 07/09/21 Sold $453,251 +10.5% $135 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $410,000 +17.5% $122 / Sq Ft
05/15/2014 05/15/14 Sold $349,000 -5.5% $104 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $369,500 -- $110 / 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 $5,871 $656,800 $105,000 $551,800
2024 $5,871 $596,600 $105,000 $491,600
2023 $4,864 $534,500 $98,000 $436,500
2022 $4,053 $440,500 $95,000 $345,500
2021 $25 $382,100 $92,000 $290,100
2020 $13 $371,900 $92,000 $279,900
2019 $3,468 $365,100 $92,000 $273,100
2018 $3,397 $356,800 $89,000 $267,800
2017 $3,355 $344,300 $86,000 $258,300
2016 $3,266 $340,200 $83,000 $257,200
2015 $3,184 $329,100 $82,000 $247,100
2014 $3,103 $320,600 $80,000 $240,600
Source: Public Records

Agents Affiliated with this Home

  • Jamie Richardson

    Seller's Agent in 2024

    Jamie Richardson

    Providence Hill Real Estate

    (804) 814-2550

    7 in this area

    88 Total Sales

    Jamie Richardson
    Section Image
  • Terri Abernethy

    Buyer's Agent in 2024

    Terri Abernethy

    Shaheen Ruth Martin & Fonville

    (804) 222-6969

    3 in this area

    82 Total Sales

    Terri Abernethy
    Section Image
  • Brooke Barnard

    Seller's Agent in 2021

    Brooke Barnard

    Providence Hill Real Estate

    (804) 690-7913

    5 in this area

    172 Total Sales

    Brooke Barnard
    Section Image
  • Emily Purdum

    Seller's Agent in 2021

    Emily Purdum

    Providence Hill Real Estate

    (804) 464-7318

    1 in this area

    98 Total Sales

    Emily Purdum
    Section Image
  • Matthew Richardson

    Buyer's Agent in 2021

    Matthew Richardson

    Providence Hill Real Estate

    (804) 814-3473

    8 in this area

    62 Total Sales

    Matthew Richardson
    Section Image
  • Bo Ayers

    Buyer's Agent in 2021

    Bo Ayers

    Samson Properties

    (804) 339-2758

    2 in this area

    21 Total Sales

    Bo Ayers
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2328583

Central Virginia Regional MLS

APN: 725-67-74-59-800-000

Virginia Chesterfield County Midlothian 23112

5503 W Bay Rd, Midlothian, VA

This home is located at 5503 W Bay Rd, Midlothian, VA 23112 since 27 November 2023 and is currently estimated at $734,108, approximately $197 per square foot. This property was built in 1988. 5503 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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