$349,000
SOLD MAY 15, 2014

5503 W Bay Rd Midlothian, VA 23112

4 Beds
2 Baths
3,362 Sq Ft
0.36 Acres

Recently Sold

$104 Per Sq Ft

6% Below List Price

59 Days on Market

Highlights

  • Wood Flooring
  • Cosby High School Rated A
  • Zoned Heating and Cooling

About This Home

As of March 2024

beautiful large private lot, dramatic large, family home with office/ rec room on 2nd floor in addition to 4 bedrooms with separate stairway to Kitchen, partially finished 3rd floor could be office/ playroom/ additional bedroom. hardwood on 1st floor, upgraded kitchen with new granite countertops, gas cooking, ceramic tile floor, breakfast bar, pantry, lots of cabinetry, windows surround eat in area overlooking rear yard. vaulted ceilings in both Master and Hall Bath upstairs, rear entry 2 car garage, There is an installed whole house $5K generator which will remain. Sellers will provide entry fee to Woodlake Pool/Fitness at settlement.. This is a really great DEAL in Woodlake

Last Agent to Sell the Property

John Hall

James River Realty Group LLC License #0225000947 Listed on: 02/01/2014

Last Buyer's Agent

Rose Pai

Napier REALTORS ERA License #0225104859

Napier REALTORS ERA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,871

Year Built

  • 1988

Home Design

  • Dimensional Roof

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 2.5 Levels
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 725-677-45-98-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,871

Year Built

1988

Lot Details

0

Listing Details

  • Structure: Block, Brick
  • Price Per Finished Sq Ft: 103.81
  • Finished Sq Ft: 3262
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Flooring: Carpet-Part, Tile-Ceramic, Wood-Part
  • Number of Rooms: 11
  • Fireplace: Stone, Wood Burning
  • Total Fireplaces: 1
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Part Finished, Walk-Up
  • Number Of Levels: 2.50

Exterior Features

  • Roof: Dimensional
  • Siding: Vinyl
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: Attached, Auto Door Opener
  • Number Of Cars: 2

Utilities

  • Heating Fuel: Natural Gas
  • Heating: 2 Zoned Heat
  • Cooling: 2 Zoned AC
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Fee Information

  • Fee: 129.00
  • Fee Period: Quarterly

Schools

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

Lot Info

  • Zoning: R9 - ONE FAMILY RES
  • Lot: 030
  • Parcel Number: 725-677-45-98-00000

Multi Family

  • Attachment Count: 1

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: 1402586

Central Virginia Regional MLS

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