NOT LISTED FOR SALE

5508 Standing Oak Place Midlothian, VA 23112

Estimated Value: $407,000 - $423,000

4 Beds
2.5 Baths
1,949 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $322,500 $165 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,654/month

52 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Fitness Center
  • Cosby High School Rated A
  • Water Access
  • Outdoor Pool

About This Home

As of August 2021

Back on the market to no fault of the sellers. QUICK CLOSE POSSIBLE! Situated at the end of a cul-de-sac with a large, private, fenced backyard. Featuring vinyl siding, 4 bedrooms, 2.5 baths, NEW HVAC with smart thermostat, attached garage, low-maintenance wood laminate flooring on the main level. Tile in the kitchen and powder room. The upstairs hallway and primary bedroom feature trendy luxury vinyl tile floors. The primary suite boasts an updated bathroom and walk-in closet with built-in organizers. Plenty of storage with the walk-up attic and HUGE 12x24 detached shed. Walk out of your back gate and hop on the paved trail to the community pool or to the lakefront park down the street.

Last Agent to Sell the Property

Jennifer Runnion

Open Gate Realty Group License #0225099058 Listed on: 05/22/2021

Last Buyer's Agent

Maris DuBois

The Steele Group License #0225251439

The Steele Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,494

Year Built

  • Built in 1988

Lot Details

  • 9,801 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Back Yard Fenced
  • Zoning described as R9

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • 1.5 Car Direct Access Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • RV or Boat Parking

Home Design

  • Transitional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,949 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Wood Burning Fireplace
  • Factory Built Fireplace
  • French Doors
  • Insulated Doors
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • <<microwave>>
  • Dishwasher
  • Wine Cooler
  • Laminate Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Property is near a marina
  • Walking Distance to Water
  • Deck
  • Shed
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Free-stand range
  • Tax Lot 56
  • Assessor Parcel Number 721-67-81-76-300-000

Community Details

Overview

  • Woodlake Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,494

Year Built

Built in 1988

Lot Details

0

HOA Fees

$94 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Property Attached Yn: No
  • Lot Size Acres: 0.225
  • Exclusions: Free-stand range
  • Ownership: Individuals
  • Subdivision Name: Woodlake
  • Architectural Style: Two Story, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile
  • Basement: Crawl Space
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Wine Cooler
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Insulated Doors
  • Fireplace Features: Factory Built, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), High Speed Internet, Laminate Counters, Bath in Primary Bedroom, Pantry, Wired for Data, Walk-In Closet(s)
  • Living Area: 1949.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard, Fenced
  • Lot Features: Cul-De-Sac
  • Pool Features: Pool, Community
  • Waterfront Features: Lake, Water Access, Walk to Water
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.5
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved, Two Spaces, Boat, RV Access/Parking

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

  • Community Features: Boat Facilities, Common Grounds/Area, Clubhouse, Dock, Fitness, Home Owners Association, Lake, Marina, Playground, Park, Pond, Pool, Sports Field, Tennis Court(s), Trails/Paths, Curbs, Gutter(s)
  • Amenities: Landscaping
  • Association Fee: 94.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 721-67-81-76-300-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2494.0
  • Tax Lot: 56

MLS Schools

  • Elementary School: Clover Hill
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 25, 2021
Sold by
Laine Susan T and Laine Jeffrey
Bought by
Truitt Erin E and The Erin Truitt Living Revocab
Seller's Agent
Jennifer Runnion
Open Gate Realty Group
Buyer's Agent
Maris DuBois
The Steele Group
List Price
$310,000
Sold Price
$322,500
Premium/Discount to List
$12,500
4.03%
Current Estimated Value
$414,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,093
Avg. Annual Appreciation
6.59%
Original Mortgage
$232,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2019
Sold by
Bedwell Susan T
Bought by
Laine Susan T and Laine Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,840
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Listed on
May 31, 2015
Closed on
Jul 24, 2015
Sold by
Runnion Ii Robert W and Runnion Jennifer L
Bought by
Bedwell Susan T and Laine Jeffrey
Seller's Agent
Jennifer Runnion
Open Gate Realty Group
Buyer's Agent
Jennifer Runnion
Open Gate Realty Group
List Price
$229,000
Sold Price
$229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$224,852
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2001
Sold by
Graver Denard A
Bought by
Runnion Robert W and Runnion Jennifer
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
Truitt Erin E $322,500 Attorney
Laine Susan T -- None Available
Bedwell Susan T $229,000 --
Runnion Robert W $134,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Truitt Erin E $232,500
Previous Owner Laine Susan T $14,965
Previous Owner Laine Susan T $237,840
Previous Owner Bedwell Susan T $224,852
Previous Owner Runnion Ii Robert W $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $322,500 +4.0% $165 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $310,000 0.0% $159 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $310,000 +35.4% $159 / Sq Ft
07/30/2015 07/30/15 Sold $229,000 0.0% $120 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/31/2015 05/31/15 For Sale $229,000 -- $120 / 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 $3,236 $360,800 $75,000 $285,800
2024 $3,236 $352,700 $75,000 $277,700
2023 $2,994 $329,000 $70,000 $259,000
2022 $2,746 $298,500 $67,000 $231,500
2021 $2,539 $262,500 $65,000 $197,500
2020 $2,458 $251,900 $65,000 $186,900
2019 $2,274 $239,400 $63,000 $176,400
2018 $2,194 $230,000 $60,000 $170,000
2017 $2,153 $219,100 $57,000 $162,100
2016 $2,033 $211,800 $54,000 $157,800
2015 $2,005 $206,300 $53,000 $153,300
2014 -- $198,200 $52,000 $146,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2115291

Central Virginia Regional MLS

APN: 721-67-81-76-300-000