NOT LISTED FOR SALE

5518 W Bay Ct Midlothian, VA 23112

Estimated Value: $496,000 - $579,000

4 Beds
2.5 Baths
2,678 Sq Ft
$202/Sq Ft Est. Value

Last Sold June 05, 2019

Last sale price $330,000 $123 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,354/month

24 Days on Market

Highlights

  • Boat Dock
  • Outdoor Pool
  • Clubhouse
  • Cosby High School Rated A
  • Community Lake
  • Deck

About This Home

As of June 2019

Pretty as a postcard! Situated on a large wooded lot on a quiet cul-de-sac in Woodlake, this four-bedroom house is the ideal home for the buyer wanting a little space and privacy without sacrificing convenience. The large family room boasts vaulted ceilings, built-in bookshelves, and a brick fireplace. A master bedroom suite includes a walk-in closet, as well as a dedicated bathroom with dual vanity and updated tiled shower with two shower heads. Outside, a low maintenance composite deck with access ramps provides a great space for outdoor entertaining or for relaxing on warm summer evenings. A generously sized eat-in kitchen has tons of potential. The house also has a two-car garage, as well as attic-level storage. Walk to scenic Swift Creek Reservoir, or take advantage of the dining and shopping nearby.

Last Agent to Sell the Property

Lyndsay Jones

Real Broker LLC License #0225187478 Listed on: 04/12/2019

Real Broker LLC

Last Buyer's Agent

Lisa Joseph

RE/MAX Commonwealth License #0225067859

RE/MAX Commonwealth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 1988

Lot Details

  • 0.46 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Dry Walled Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,678 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity

Outdoor Features

  • Outdoor Pool
  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 724-67-84-72-000-000

Community Details

Overview

  • West Bay Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,374

Year Built

Built in 1988

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1988
  • Property Attached Yn: No
  • Lot Size Acres: 0.46
  • Ownership: Individuals
  • Subdivision Name: West Bay
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Linoleum, Partially Carpeted
  • Appliances: Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Oven, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Double Vanity, High Ceilings, Main Level Primary, Solid Surface Counters
  • Living Area: 2678.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced, Wood
  • Lot Features: Cul-De-Sac
  • Pool Features: Pool, Community
  • Waterfront Features: Walk to Water
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Wood Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Patio, Deck, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump, Natural Gas
  • Cooling: 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: Basketball Court, Boat Facilities, Common Grounds/Area, Clubhouse, Dock, Home Owners Association, Lake, Pond, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 1008.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s)

Schools

  • Middle Or Junior School: Tomahawk Creek

Lot Info

  • Parcel Number: 724-67-84-72-000-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3374.0
  • Tax Lot: 9

MLS Schools

  • Elementary School: Clover Hill
  • High School: Cosby

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 22, 2019
Sold by
Laidig Greg T and Laidig Katherine Davis
Bought by
Shuman Ricky L and Shuman Michele A
Seller's Agent
Lyndsay Jones
Real Broker LLC
Buyer's Agent
Lisa Joseph
RE/MAX Commonwealth
List Price
$349,900
Sold Price
$330,000
Premium/Discount to List
-$19,900
-5.69%
Current Estimated Value
$541,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,250
Avg. Annual Appreciation
8.15%
Original Mortgage
$264,000
Outstanding Balance
$234,007
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$307,443
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shuman Ricky L $330,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shuman Ricky L $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2019 06/05/19 Sold $330,000 -1.5% $123 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
05/01/2019 05/01/19 Price Changed $335,000 -4.3% $125 / Sq Ft
04/12/2019 04/12/19 For Sale $349,900 -- $131 / 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 $4,815 $538,200 $99,800 $438,400
2024 $4,815 $502,400 $99,800 $402,600
2023 $4,165 $457,700 $93,100 $364,600
2022 $3,980 $432,600 $90,300 $342,300
2021 $3,675 $379,900 $87,400 $292,500
2020 $3,511 $369,600 $87,400 $282,200
2019 $3,446 $362,700 $87,400 $275,300
2018 $3,382 $355,200 $84,600 $270,600
2017 $3,340 $342,700 $81,700 $261,000
2016 $3,252 $338,800 $78,900 $259,900
2015 $3,170 $327,600 $77,900 $249,700
2014 $3,087 $319,000 $76,000 $243,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1911347

Central Virginia Regional MLS

APN: 724-67-84-72-000-000