$475,000
SOLD NOV 19, 2021

5503 W Bay Rd Midlothian, VA 23112

5 Beds
2.5 Baths
3,429 Sq Ft
0.37 Acres

Recently Sold

$139 Per Sq Ft

3% Below List Price

31 Days on Market

Highlights

  • Water Access
  • Outdoor Pool
  • Deck
  • Cosby High School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of March 2024

Amazing home large enough to spread out with your family and the neighbor's family too! With a vinyl siding, updated kitchen, completely renovated primary suite, hardwood floors on the two main levels and a fully fenced backyard you will not find too many projects in this home. Do not miss the third floor floor and the secret bedroom just through the second floor den by the back stairwell. This home has all kinds of hidden treasures! The living room has built-in bookshelves which have been joined by a built-in desk for extra workspace, but can easily be converted back into a den if you prefer. The den with the fireplace and gorgeous beamed ceiling will be a favorite place to hangout for sure! If you love to entertain, the backyard will be a great place to gather. It is private with mature landscaping all around and a paved driveway leading into a 2-car garage too. Don't miss the water access just around the corner too. House generator too! Main heat pump replaced in 2018.

Last Agent to Sell the Property

Brooke Barnard

Providence Hill Real Estate License #0225202649 Listed on: 09/08/2021

Last Buyer's Agent

Matthew Richardson

Providence Hill Real Estate License #0225253545

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 1988

Lot Details

  • 0.37 Acre Lot
  • Back Yard Fenced
  • Zoning described as R9

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 3,429 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bookcases
  • Beamed Ceilings
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Double Vanity

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Walking Distance to Water
  • Deck
  • Shed

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 725-67-74-59-800-000

Community Details

Overview

  • Woodlake Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,630

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: 0.37
  • Ownership: Individuals
  • Subdivision Name: Woodlake
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooking, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Bookcases, Built-in Features, Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, Bath in Primary Bedroom
  • Living Area: 3429.0
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: Community, Pool
  • Waterfront Features: Water Access, Walk to Water
  • Waterfront: No
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association
  • Association Fee: 277.0
  • Association Fee Frequency: Quarterly
  • 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
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3629.96
  • Tax Lot: 30

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
$691,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,176
Avg. Annual Appreciation
1.82%
Original Mortgage
$635,643
Outstanding Balance
$621,580
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$69,596

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
10.79%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $675,000 Title Resources Guaranty
Gift Deed -- None Listed On Document
Warranty Deed $475,000 Attorney
Warranty Deed $453,251 Attorney
Warranty Deed $349,000 --
Warranty Deed $428,000 --
Warranty Deed $385,000 --
Warranty Deed $225,000 --
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $635,643 VA
Previous Owner $363,100 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $269,000 New Conventional
Previous Owner $353,251 New Conventional
Previous Owner $325,000 New Conventional
Previous Owner $331,550 New Conventional
Previous Owner $290,175 New Conventional
Previous Owner $308,000 New Conventional
Previous Owner $359,650 New Conventional
Previous Owner $163,000 New Conventional
Previous Owner $100,000 New Conventional
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

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Map

Source: Central Virginia Regional MLS

MLS Number: 2127361

Central Virginia Regional MLS

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