NOT LISTED FOR SALE

5516 W Bay Ct Midlothian, VA 23112

Estimated Value: $451,000 - $519,000

4 Beds
3.5 Baths
2,533 Sq Ft
$192/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $295,000 $116 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,123/month

56 Days on Market

Highlights

  • Transitional Architecture
  • Main Floor Primary Bedroom
  • 2 Car Direct Access Garage
  • Cosby High School Rated A
  • 1 Fireplace
  • Forced Air Zoned Heating and Cooling System

About This Home

As of November 2019

Make sure to check out the 4k Video and 3D tour of this home! Welcome to this move in ready, low maintenance vinyl sided two story home on a private cul-de-sac lot in highly desirable Woodlake subdivision. The kitchen is updated with premium hardwood cabinetry and opens to a cozy family room with a wood burning fireplace with direct access to the screen porch that overlooks the deck & wooded back yard. All of the bathrooms have been updated with large format tile, granite countertops, and luxurious showers. Another highlight of this home is the two master suites, one on the first floor and one on the second. The second floor master bedroom features a vaulted ceiling and spa-like master bathroom with jetted tub and separate shower and high end fixtures. Other notable features include a two car attached garage and fresh paint and carpet throughout. Schedule your showing today!

Last Agent to Sell the Property

Alex Glaser

Long & Foster REALTORS License #0225193449 Listed on: 07/12/2019

Long & Foster REALTORS

Co-Listed By

Lauren Glaser

Long & Foster REALTORS License #0225207807

Last Buyer's Agent

Jamie Richardson

Providence Hill Real Estate License #0225224447

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,999

Year Built

  • Built in 1987

Lot Details

  • 0.4 Acre Lot
  • Zoning described as R9

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Transitional Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,533 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • Woodlake Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 724-67-85-92-000-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,999

Year Built

Built in 1987

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Property Attached Yn: No
  • Lot Size Acres: 0.404
  • Co List Office Mls Id: BNFO09
  • Co List Office Phone: 804-288-8888
  • 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: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Main Level Primary
  • Living Area: 2533.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 259.5
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 724-67-85-92-000-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2999.0
  • Tax Lot: 8

MLS Schools

  • Elementary School: Clover Hill
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Oct 21, 2019
Sold by
Wah Kevin K M and Wah Susan L
Bought by
Myers Henry J and Myers Janet M
Seller's Agent
Alex Glaser
Long & Foster REALTORS
Buyer's Agent
Jamie Richardson
Providence Hill Real Estate
List Price
$337,900
Sold Price
$295,000
Premium/Discount to List
-$42,900
-12.7%
Current Estimated Value
$485,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,446
Avg. Annual Appreciation
9.25%
Original Mortgage
$236,000
Outstanding Balance
$208,961
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$277,031

Purchase Details

Closed on
Jul 6, 2001
Bought by
Wah Kevin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Myers Henry J $295,000 Attorney
Wah Kevin K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Henry J $236,000
Previous Owner Wah Kevin K $181,600
Previous Owner Wah Kevin K $191,000
Previous Owner Wah Kevin K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $295,000 -1.3% $116 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/31/2019 08/31/19 Price Changed $299,000 -5.1% $118 / Sq Ft
08/07/2019 08/07/19 Price Changed $315,000 -3.1% $124 / Sq Ft
07/17/2019 07/17/19 Price Changed $325,000 -3.8% $128 / Sq Ft
07/12/2019 07/12/19 For Sale $337,900 -- $133 / 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 $4,261 $475,900 $99,800 $376,100
2024 $4,261 $456,400 $99,800 $356,600
2023 $3,765 $413,700 $93,100 $320,600
2022 $3,548 $385,700 $90,300 $295,400
2021 $3,295 $339,900 $87,400 $252,500
2020 $3,118 $328,200 $87,400 $240,800
2019 $3,089 $325,200 $87,400 $237,800
2018 $3,000 $315,700 $84,600 $231,100
2017 $2,975 $307,300 $81,700 $225,600
2016 $2,890 $301,000 $78,900 $222,100
2015 $2,820 $293,800 $77,900 $215,900
2014 $2,725 $283,900 $76,000 $207,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1922432

Central Virginia Regional MLS

APN: 724-67-85-92-000-000