$1,000,000
SOLD OCT 9, 2024

5505 Axe Handle Terrace Glen Allen, VA 23059

Short Pump Neighborhood
4 Beds
3.5 Baths
3,741 Sq Ft
1.23 Acres

Recently Sold

$267 Per Sq Ft

13% Below List Price

40 Days on Market

Highlights

  • Custom Home
  • 1.23 Acre Lot
  • Wooded Lot
  • Kaechele Elementary Rated A-
  • Deck
  • Wood Flooring

About This Home

As of October 2024

You're going to fall in love with 5505 Axe Handle Terrace in the prestigious Westin Estates of western Henrico, where luxury meets convenience. Built in 2015, this stunning 3,741-square-foot custom-built home sits on over an acre of land, backing up to a wooded area for added privacy. With 4 bedrooms, 3.5 bathrooms, and over $200,000 in upgrades, this residence is a true masterpiece. The grand entry features brick steps and a curved black railing leading to a large covered porch with solid wood double doors and a beveled glass transom. Inside, a unique chandelier hangs from the apex of a specially painted arch, complementing the gleaming oak hardwood floors throughout. The gourmet kitchen is a chef’s delight, boasting Plato cabinetry, granite counter tops, double Kohler sinks, Monogram appliances and soft-close cabinets crafted from solid maple and walnut. Modern lighting enhance the space, while custom window shades and intricate multi-member crown molding add elegance. The first-floor primary suite is a luxurious retreat with upgraded carpet, two walk-in closets, and a tray ceiling with accent lighting. The spa-like ensuite bathroom features a walk-in tile shower with a rain shower head, granite vanity countertops, and custom cabinetry. Two additional bedrooms on this floor share a beautifully designed bathroom with basket weave tile. Upstairs, a custom solid wood staircase leads to a large bedroom with its own full bathroom and additional finished storage with Brazilian hardwood flooring. The first-floor laundry room includes granite countertops, sink and drying rack. The finished 3-car garage includes a heated and cooled area ideal for a workshop or gym, with a separate panel and upgraded electricity including a 250-volt outlet. Outside, enjoy a fully fenced backyard, stamped concrete driveway, leaf-free gutters, conditioned crawl space and an 14-zone irrigation system. The home also features hardwired security cameras. Experience unparalleled elegance and comfort, your dream home awaits!

Last Agent to Sell the Property

Kyle Taylor

River City Elite Properties License #0225196192 Listed on: 08/04/2024

Last Buyer's Agent

Ravi Gutta

Robinhood Real Estate & Mortgage License #0225231417

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,626

Year Built

  • Built in 2015

Lot Details

  • 1.23 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Workshop in Garage
  • Dry Walled Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,741 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Separate Formal Living Room
  • Dining Area
  • Workshop
  • Crawl Space
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Stove
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rear Porch
  • Stoop

Schools

  • Kaechele Elementary School
  • Short Pump Middle School
  • Deep Run High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Engineered Septic

Community Details

  • Westin Estates Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 731-774-6440

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,626

Year Built

Built in 2015

Lot Details

0

HOA Fees

$62 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2015
  • Property Attached Yn: No
  • Lot Size Acres: 1.2319
  • Ownership: Individuals
  • Subdivision Name: Westin Estates
  • Architectural Style: Custom, Two Story, Transitional
  • 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: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Oven, Refrigerator, Stove, Tankless Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Breakfast Area, Tray Ceiling(s), Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Granite Counters, High Ceilings, Main Level Primary, Pantry, Skylights, Walk-In Closet(s), Workshop
  • Living Area: 3741.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced
  • Lot Features: Corner Lot, Wooded, Cul-De-Sac, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, HardiPlank Type
  • Exterior Features: Deck, Sprinkler/Irrigation, Porch
  • Patio And Porch Features: Rear Porch, Stoop, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Covered, Finished Garage, Garage, Garage Door Opener, Heated Garage, Oversized, Garage Faces Rear, Workshop in Garage

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Engineered Septic
  • Water Source: Public
  • Laundry Features: Washer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Amenities: Management
  • Association Fee: 747.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Snow Removal, Trash

Schools

  • Middle Or Junior School: Short Pump

Lot Info

  • Topography: Level
  • Parcel Number: 731-774-6440
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8625.8
  • Tax Lot: 9

MLS Schools

  • Elementary School: Kaechele Elementary
  • High School: Deep Run

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Oct 7, 2024
Sold by
Maurice F Finnegan Jr Trust and Christine W Finnegan Trust
Bought by
Nallapaneni Prasad and Nallapaneni Mohini
Seller's Agent
Kyle Taylor
River City Elite Properties
Buyer's Agent
Ravi Gutta
Robinhood Real Estate & Mortgage
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Views
176
Current Estimated Value
$1,042,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,096
Avg. Annual Appreciation
6.60%
Original Mortgage
$950,000
Outstanding Balance
$942,099
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$102,996

Purchase Details

Closed on
Mar 26, 2021
Sold by
Finnegan Maurice F and Finnegan Christine E
Bought by
Finnegan Maurice F and Finnegan Christine W
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 $1,000,000 Old Republic National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $1,000,000 0.0% $267 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $999,950 -13.0% $267 / Sq Ft
08/04/2024 08/04/24 For Sale $1,150,000 +46.9% $307 / Sq Ft
12/01/2015 12/01/15 Sold $782,750 +1.0% $227 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $775,125 -- $225 / 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 $8,479 $1,014,800 $281,400 $733,400
2024 $8,479 $961,000 $251,400 $709,600
2023 $8,169 $961,000 $251,400 $709,600
2022 $6,764 $795,800 $251,400 $544,400
2021 $6,332 $727,800 $190,800 $537,000
2020 $6,332 $727,800 $190,800 $537,000
2019 $6,332 $727,800 $190,800 $537,000
2018 $6,379 $733,200 $190,800 $542,400
2017 $6,575 $755,800 $190,800 $565,000
2016 $6,302 $724,400 $185,800 $538,600
2015 -- $185,800 $185,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Taylor

    Seller's Agent in 2024

    Kyle Taylor

    River City Elite Properties

    (804) 314-1294

    1 in this area

    154 Total Sales

    Kyle Taylor
    Section Image
  • Ravi Gutta

    Buyer's Agent in 2024

    Ravi Gutta

    Robinhood Real Estate & Mortgage

    (630) 865-2493

    95 in this area

    495 Total Sales

    Ravi Gutta
    Section Image
  • Greg Spicer

    Seller's Agent in 2015

    Greg Spicer

    Hometown Realty

    (804) 839-9966

    2 in this area

    123 Total Sales

    Greg Spicer
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2420072

Central Virginia Regional MLS

APN: 731-774-6440

Virginia Henrico County Glen Allen 23059 Short Pump

5505 Axe Handle Terrace, Glen Allen, VA

This home is located at 5505 Axe Handle Terrace, Glen Allen, VA 23059 and is currently priced at $1,000,000, approximately $267 per square foot. This property was built in 2015. 5505 Axe Handle Terrace is a home located in Henrico County with nearby schools including Kaechele Elementary, Short Pump Middle School, and Deep Run 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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