$700,000
SOLD JAN 10, 2022

5504 W Bay Ct Midlothian, VA 23112

5 Beds
4 Baths
4,385 Sq Ft
0.57 Acres

Recently Sold

$160 Per Sq Ft

17% Above List Price

12 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Custom Home
  • Cosby High School Rated A
  • In Ground Pool
  • Community Lake

About This Home

As of January 2022

This Woodlake beauty is the home you've been waiting for! Pull up to a NEW wide paved driveway, gorgeous landscaping, pool, and easy living in this updated home full of character. Located on a cul de sac, minutes walk to the water, relax in this spacious home...perfectly designed for enjoying family and friends. The dual sided garage presents beautifully into the yard where you will want to spend all of your time! Firepit, deck with lighting, exquisite landscaping (irrigation), gazebo, and a sport salt water pool (NEW pump, NEW auto cover) make this home a staycation every day! Enter into the GREAT ROOM; an amazing space where everyone can gather, open to a large dining room with plenty of natural light overlooking the GORGEOUS NEW KITCHEN! TWO peninsulas, a pantry, farmhouse sink, gas stove, granite and backsplash, and a plethora of wood cabinets. Laundry room, BIG bathroom, and large Recreation Room with mud room cubbies and built ins round out the first floor. Upstairs are a Master Bedroom with huge walk in closet and bathroom, 4 more bedrooms and 2 more full bathrooms.
Siding, hot water tank, furnace, windows & doors all replaced in the last 5 years, roof 7-8 yrs.
AMAZING!

Last Agent to Sell the Property

Rebecca Oherron

Samson Properties License #0225237103 Listed on: 11/09/2021

Samson Properties

Last Buyer's Agent

Anna Catherine Lake

Shaheen Ruth Martin & Fonville License #0225244048

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1987

Lot Details

  • Lake Front
  • Back Yard Fenced
  • Sprinkler System

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,385 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Thermal Windows
  • Bay Window
  • Separate Formal Living Room
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity
  • Garden Bath

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Cover

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Exterior Lighting
  • Play Equipment
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tax Lot . 56
  • Assessor Parcel Number 724-67-89-12-600-000

Community Details

Overview

  • Woodlake Subdivision
  • Community Lake
  • Pond in Community

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,680

Year Built

Built in 1987

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Property Attached Yn: No
  • Ownership: Individuals
  • Subdivision Name: Woodlake
  • Architectural Style: Custom, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted, Tile, Wood
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Cooking, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Range Hood, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bay Window, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, Garden Tub/Roman Tub, Bath in Primary Bedroom, Pantry, Walk-In Closet(s)
  • Living Area: 4385.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: In Ground, Outdoor Pool, Pool Cover, Pool, Community
  • Waterfront Features: Lake, Water Access, Walk to Water
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Brick, Block, Drywall, Wood Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Lighting, Play Structure, Porch, Paved Driveway
  • Patio And Porch Features: Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Oversized, Paved

Utilities

  • Heating: Electric, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Basketball Court, Community Pool, Home Owners Association, Lake, Playground, Pond, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 277.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Pool(s), Recreation Facilities, Water Access

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 724-67-89-12-600-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4680.0
  • Tax Lot: . 56

MLS Schools

  • Elementary School: Clover Hill
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 6, 2021
Sold by
Douglas Anthony J
Bought by
David Jennifer Elizabeth and Mims Harold Martin
Seller's Agent
Rebecca Oherron
Samson Properties
Buyer's Agent
Anna Catherine Lake
Shaheen Ruth Martin & Fonville
List Price
$599,000
Sold Price
$700,000
Premium/Discount to List
$101,000
16.86%
Current Estimated Value
$752,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,128
Avg. Annual Appreciation
2.11%
Original Mortgage
$17,800
Outstanding Balance
$16,505
Interest Rate
3.11%
Mortgage Type
Credit Line Revolving
Estimated Equity
$736,951

Purchase Details

Listed on
May 17, 2013
Closed on
Aug 7, 2013
Sold by
Gater David R
Bought by
Douglas Anthony J
Seller's Agent
Beth Pretty
KW Metro Center
Buyer's Agent
Beth Goldsmith
Long & Foster REALTORS
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$328,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2006
Sold by
Watkins James
Bought by
Gater David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2002
Sold by
Mcdonald Michael P
Bought by
Watkins James B and Watkins Robin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,600
Interest Rate
6.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 1999
Sold by
Abey Albert M
Bought by
Mcdonald Michael P and Mcdonald Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.85%
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
Bargain Sale Deed $700,000 First American Title
Warranty Deed $410,000 --
Warranty Deed $465,000 --
Warranty Deed $302,000 --
Warranty Deed $279,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,800 Credit Line Revolving
Open $647,200 New Conventional
Previous Owner $328,000 New Conventional
Previous Owner $338,425 FHA
Previous Owner $352,439 FHA
Previous Owner $382,122 FHA
Previous Owner $365,000 New Conventional
Previous Owner $241,600 New Conventional
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $700,000 +16.9% $160 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $599,000 +46.1% $137 / Sq Ft
08/23/2013 08/23/13 Sold $410,000 -3.5% $95 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $425,000 -- $98 / 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 $6,868 $768,900 $105,000 $663,900
2024 $6,868 $702,600 $105,000 $597,600
2023 $5,708 $627,300 $98,000 $529,300
2022 $5,172 $562,200 $95,000 $467,200
2021 $4,746 $492,600 $92,000 $400,600
2020 $4,568 $474,000 $92,000 $382,000
2019 $4,456 $469,000 $92,000 $377,000
2018 $4,301 $455,300 $89,000 $366,300
2017 $4,226 $435,000 $86,000 $349,000
2016 $4,026 $419,400 $83,000 $336,400
2015 $3,951 $409,000 $82,000 $327,000
2014 $3,814 $394,700 $80,000 $314,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2133894

Central Virginia Regional MLS

APN: 724-67-89-12-600-000