$453,251
SOLD JUL 9, 2021

5503 W Bay Rd Midlothian, VA 23112

5 Beds
2.5 Baths
3,362 Sq Ft
0.37 Acres

Recently Sold

$135 Per Sq Ft

11% Above List Price

6 Days on Market

Highlights

  • Outdoor Pool
  • Deck
  • Loft
  • Cosby High School Rated A
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of March 2024

Welcome home to this beautiful and well maintained home! This home features hardwood floors throughout. The eat in kitchen is updated with granite countertops, breakfast bar, tile backsplash and a gas stove. On the second level you will find the spacious primary bedroom with recently updated en suite bath with tile shower and soaking tub. The second floor also features three additional bedrooms and a great loft area perfect for an additional entertaining space, playroom or office. Don't forget to check out the finished 3rd floor with a large 5th bedroom with built in shelving and a window seat and a large walk in closet. Third floor also features additional finished storage area and closet. Home also features an automatic stand by generator. The backyard features a large fenced yard with a detached storage shed and this home is just a short walk away from water access and all of the amenities Woodlake has to offer!

Last Agent to Sell the Property

Emily Purdum

Providence Hill Real Estate License #0225228697 Listed on: 05/18/2021

Last Buyer's Agent

Bo Ayers

Samson Properties License #0225246452

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,468

Year Built

  • Built in 1988

Lot Details

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

HOA Fees

  • $92 Monthly HOA Fees

Parking

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

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,362 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Formal Living Room
  • Dining Area
  • Loft

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Outdoor Pool
  • Walking Distance to Water
  • Deck
  • Shed
  • Rear Porch

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Generator Hookup
  • Power Generator
  • 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

$3,468

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: Other
  • Garage Yn: Yes
  • 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, Wood
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooking, Ice Maker, Microwave, Refrigerator, Water Heater
  • Other Equipment: Generator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, Loft, Bath in Primary Bedroom, Pantry
  • Living Area: 3362.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced, Partial, Wood
  • Pool Features: Community, Pool
  • Waterfront Features: Walk to Water
  • Waterfront: No
  • Construction Type: Drywall, Vinyl Siding, Wood Siding
  • Exterior Features: Storage, Shed, Paved Driveway
  • Other Structures: Shed(s)
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Electric, Other, Zoned
  • Electric: Generator Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • 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: 2019
  • Tax Annual Amount: 3468.0
  • 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
0.98%
Original Mortgage
$635,643
Outstanding Balance
$621,580
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$62,059

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
10.49%
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: 2114218

Central Virginia Regional MLS

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