NOT LISTED FOR SALE

5507 Bankstown Ln Chesterfield, VA 23237

Estimated Value: $477,000 - $508,000

4 Beds
2.5 Baths
2,500 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 10, 2019

Last sale price $351,631 $141 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,922/month

121 Days on Market

Highlights

  • Under Construction
  • Wood Flooring
  • High Ceiling
  • Deck
  • Separate Formal Living Room
  • Granite Countertops

About This Home

As of January 2019

This home is located at 5507 Bankstown Ln, Chesterfield, VA 23237 since 13 June 2018 and is currently estimated at $491,680, approximately $196 per square foot. This property was built in 2018. 5507 Bankstown Ln is a home located in Chesterfield County with nearby schools including Beulah Elementary School, Salem Church Middle School, and Lloyd C Bird High School.

Last Agent to Sell the Property

Kyle Yeatman

Long & Foster REALTORS License #0225213901 Listed on: 06/13/2018

Long & Foster REALTORS

Last Buyer's Agent

Kyle Yeatman

Long & Foster REALTORS License #0225213901 Listed on: 06/13/2018

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,738

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 10,075 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Driveway

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Recessed Lighting
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Deck

Schools

  • Beulah Elementary School
  • Salem Middle School
  • Bird High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • Windermere Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 776673806600000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,738

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Property Attached Yn: No
  • Lot Size Acres: 0.2313
  • Ownership: Corporate
  • Subdivision Name: Windermere
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: Yes
  • Year Built Details: Under Construction
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Area, Tray Ceiling(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Pantry, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2500.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Lot Features: Buildable
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Stone, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Paved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Paved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • 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: Home Owners Association
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Salem

Lot Info

  • Parcel Number: 776673806600000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Lot: 13

MLS Schools

  • Elementary School: Beulah
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Dec 27, 2018
Sold by
Finer Homes Inc
Bought by
Sherard Gerlene M
Seller's Agent
Kyle Yeatman
Long & Foster REALTORS
Buyer's Agent
Kyle Yeatman
Long & Foster REALTORS
List Price
$359,200
Sold Price
$351,631
Premium/Discount to List
-$7,569
-2.11%
Current Estimated Value
$491,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,049
Avg. Annual Appreciation
4.99%
Original Mortgage
$334,049
Outstanding Balance
$294,877
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$196,803

Purchase Details

Closed on
Oct 11, 2018
Sold by
Windermere Development Co Llc
Bought by
Finer Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sherard Gerlene M $351,631 Attorney
Finer Homes Inc $70,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherard Gerlene M $334,049
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2019 01/10/19 Sold $351,631 +1.9% $141 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
09/27/2018 09/27/18 Price Changed $345,100 -3.9% $138 / Sq Ft
06/13/2018 06/13/18 For Sale $359,200 -- $144 / 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 $3,738 $417,200 $75,000 $342,200
2024 $3,738 $417,200 $75,000 $342,200
2023 $3,737 $410,700 $70,000 $340,700
2022 $3,395 $369,000 $65,000 $304,000
2021 $3,226 $336,900 $63,000 $273,900
2020 $3,106 $326,900 $63,000 $263,900
2019 $1,205 $308,200 $62,000 $246,200
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Yeatman

    Seller's Agent in 2019

    Kyle Yeatman

    Long & Foster

    (804) 516-6413

    62 in this area

    1,338 Total Sales

    Kyle Yeatman
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Map

Source: Central Virginia Regional MLS

MLS Number: 1821553

Central Virginia Regional MLS

APN: 776-67-38-06-600-000

Virginia Chesterfield County Chesterfield 23237

5507 Bankstown Ln, Chesterfield, VA

Not Listed for Sale

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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