$782,750
SOLD DEC 1, 2015

5505 Axe Handle Terrace Glen Allen, VA 23059

Short Pump Neighborhood
4 Beds
3.5 Baths
3,450 Sq Ft
1.1 Acres

Recently Sold

$227 Per Sq Ft

1% Above List Price

Highlights

  • Under Construction
  • 1.1 Acre Lot
  • 3 Car Direct Access Garage
  • Kaechele Elementary Rated A-
  • Wood Flooring
  • Zoned Heating and Cooling System

About This Home

As of October 2024

This home is located at 5505 Axe Handle Terrace, Glen Allen, VA 23059 and is currently priced at $782,750, approximately $226 per square foot. This property was built in 2014. 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.

Last Agent to Sell the Property

Greg Spicer

Hometown Realty License #0225141021 Listed on: 11/11/2014

Hometown Realty

Last Buyer's Agent

Greg Spicer

Hometown Realty License #0225141021 Listed on: 11/11/2014

Hometown Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,479

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 1.1 Acre Lot

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,450 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

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

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Westin Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 731-774-6440

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,479

Year Built

Built in 2014 | Under Construction

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2014
  • Property Attached Yn: No
  • Lot Size Acres: 1.1
  • Ownership: Individuals
  • Subdivision Name: Westin Estates
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: Yes
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3450.0
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Construction Type: Brick, Frame, HardiPlank Type
  • Exterior Features: Paved Driveway
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Direct Access, Driveway, Garage Door Opener, Oversized, Paved

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 365.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash

Schools

  • Middle Or Junior School: Short Pump

Lot Info

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

Tax Info

  • Tax Year: 2014

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
$1,055,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,390
Avg. Annual Appreciation
7.21%
Original Mortgage
$950,000
Outstanding Balance
$942,099
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$114,424

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

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Map

Source: Central Virginia Regional MLS

MLS Number: 1430884

Central Virginia Regional MLS

APN: 731-774-6440