NOT LISTED FOR SALE

5505 Springwater Ln Unit 5505 Henrico, VA 23228

Laurel Neighborhood

Estimated Value: $281,000 - $313,000

3 Beds
2.5 Baths
1,280 Sq Ft
$234/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $153,000 $120 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,951/month

8 Days on Market

Highlights

  • On Golf Course
  • Cooling Available
  • Heat Pump System

About This Home

As of August 2016

Two story townhome in Millspring Townes. Great area, great complex and near shopping and schools.

Last Agent to Sell the Property

Robert Hernandez

Rockwood Realty Inc License #0225195533 Listed on: 05/17/2016

Rockwood Realty Inc

Last Buyer's Agent

Marcie Mazursky

Coldwell Banker Elite License #0225051031

Coldwell Banker Elite

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 2003

Lot Details

  • 1,668 Sq Ft Lot
  • On Golf Course

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Dumbarton Elementary School
  • Brookland Middle School
  • Hermitage High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Millspring Townes Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 3
  • Assessor Parcel Number 765-757-8549

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,210

Year Built

Built in 2003

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2003
  • Road Frontage Type: Golf Course
  • Lot Size Acres: 0.0383
  • Ownership: REO
  • Subdivision Name: Millspring Townes
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Townhouse
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1280.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Property Condition: Resale

Utilities

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

Condo/Co-op/Association

  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management

Schools

  • Middle Or Junior School: Brookland

Lot Info

  • Parcel Number: 765-757-8549
  • Zoning Description: RTHC
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2210.0
  • Tax Lot: 3

MLS Schools

  • Elementary School: Dumbarton
  • High School: Hermitage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Aug 3, 2016
Sold by
Federal National Mortgage Association
Bought by
Graham Richard and Graham Angela
Seller's Agent
Robert Hernandez
Rockwood Realty Inc
Buyer's Agent
Marcie Mazursky
Coldwell Banker Elite
List Price
$150,000
Sold Price
$153,000
Premium/Discount to List
$3,000
2%
Current Estimated Value
$298,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,896
Avg. Annual Appreciation
7.53%
Original Mortgage
$155,677
Outstanding Balance
$124,212
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$174,684
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Graham Richard $153,000 Us Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Richard $155,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $153,000 +2.0% $120 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $150,000 -- $117 / 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 $2,228 $251,800 $50,000 $201,800
2024 $2,228 $229,000 $48,000 $181,000
2023 $1,947 $229,000 $48,000 $181,000
2022 $1,736 $204,200 $44,000 $160,200
2021 $1,625 $174,700 $40,000 $134,700
2020 $1,520 $174,700 $40,000 $134,700
2019 $1,485 $170,700 $40,000 $130,700
2018 $1,369 $157,300 $40,000 $117,300
2017 $1,322 $151,900 $40,000 $111,900
2016 $1,322 $151,900 $40,000 $111,900
2015 -- $147,900 $40,000 $107,900
2014 -- $141,200 $40,000 $101,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Robert Hernandez

    Rockwood Realty Inc

    (323) 851-9300

    1 in this area

    60 Total Sales

    Robert Hernandez
    Section Image
  • Marcie Mazursky

    Buyer's Agent in 2016

    Marcie Mazursky

    Coldwell Banker Elite

    (804) 919-6430

    4 in this area

    145 Total Sales

    Marcie Mazursky
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1616797

Central Virginia Regional MLS

APN: 765-757-8549

Virginia Henrico County Henrico 23228 Laurel

5505 Springwater Ln Unit 5505, Henrico, VA

This home is located at 5505 Springwater Ln Unit 5505, Henrico, VA 23228 since 17 May 2016 and is currently estimated at $298,896, approximately $233 per square foot. This property was built in 2003. 5505 Springwater Ln Unit 5505 is a home located in Henrico County with nearby schools including Dumbarton Elementary School, Brookland Middle School, and Hermitage 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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