NOT LISTED FOR SALE

5602 Promontory Pointe Rd Midlothian, VA 23112

Estimated Value: $747,000 - $1,185,229

4 Beds
3.5 Baths
3,764 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $1,200,000 $319 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,613/month

13 Days on Market

Highlights

  • Lake Front
  • Docks
  • Custom Home
  • Clover Hill High Rated A
  • In Ground Pool
  • Community Lake

About This Home

As of March 2024

Waterfront & Wonderful! 3764 beautifully finished square feet + 490 addl square feet at 3-Season Room with Outdoor Kitchen, Ipe flooring & mini-split HVAC! Come experience this amazing home, marvel at the water views & appreciate the well-thought out improvements! Lengthy list of features & updates...A few highlights: Stone steps down to your private BCA Approved dock. Abundant Custom built-in cabinetry. Lovely flow of light & living. Chef's Kitchen (2014) with stone countertops, white shaker & wood slab-front cabinets, farmhouse sink, drawer microwave, Wolf cooktop, double oven, warming drawer, Miele d/w, Thermador refrigerator/freezer, Island seating, sitting area, desk area, wine bar, built-in TV. Rich walnut flooring runs through LR, DR, Kitchen, Breakfast Nook, Sunroom. Terrazzo tile at Foyer, Laundry & Powder Rm. Living Room warmed by a gas fireplace with stone up to vaulted ceiling, skylights & wall of windows/doors. Access the 3-Season Porch from the Sunroom, Living Rm or Primary BR. Pamper yourself in the spa-like Primary Bath (2018) with zero-entry shower, free-standing bubble tub, raised floating vanity & skylight, plus twin WIC. 2 Guest Bedrooms on the 2nd Level, both with water views. The 4th BR/Office has a Queen- size Murphy bed to maximize the flexibility of the space. Two Full baths on this Level: 1 w/tub/shower, 1 w/tile shower (2016). Cozy Reading Nook with great natural light. Need space to play? The Rec Room beckons with two levels. One level hosts a 2nd gas Fireplace w/stone surround, wet bar, beverage chiller & TV with home theater system. The other level is ideal Home Office/Game room. Live & Entertain in expansive style with easy flow of space & limitless water views! Enjoy Outdoor Living at the Porch or Flagstone Patio, or cruise on the Lake. Add a 2-Car Garage, multi-room Bose system, floored Attic, "dry" storage under Porch, 3 HVAC zones, tankless water heater... beautifully maintained home with tasteful updates, curated by an owner/architect. More photos in virtual tour!

Last Agent to Sell the Property

Judy Flaig Graffum

Harvest Realty, Inc. License #0225184347 Listed on: 01/22/2024

Last Buyer's Agent

Dawn V. Curry

Real Broker LLC License #0225223581

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,355

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Sprinkler System
  • Zoning described as R7

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,764 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Insulated Doors
  • Separate Formal Living Room
  • Screened Porch
  • Water Views
  • Crawl Space

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Docks
  • Balcony
  • Patio
  • Outdoor Storage
  • Outdoor Gas Grill

Schools

  • Clover Hill Elementary School
  • Salem Middle School
  • Clover Hill High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 727-67-66-15-900-000

Community Details

Overview

  • Harbour Pointe Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,355

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$71 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: 0.261
  • Water Body Name: Swift Creek Res
  • Ownership: Individuals
  • Subdivision Name: Harbour Pointe
  • Above Grade Finished Sq Ft: 3764.0
  • Architectural Style: Contemporary, Custom
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Built-In Oven, Down Draft, Double Oven, Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Wine Cooler, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace Features: Gas, Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Balcony, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Fireplace, Granite Counters, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Skylights, Walk-In Closet(s), Central Vacuum
  • Living Area: 3764.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Waterfront, Cul-De-Sac
  • Pool Features: Fenced, In Ground, Pool, Community
  • View: Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Waterfront
  • Waterfront: Yes
  • Construction Type: Block, Drywall, Frame, Wood Siding
  • Exterior Features: Dock, Sprinkler/Irrigation, Storage, Gas Grill, Paved Driveway
  • Patio And Porch Features: Rear Porch, Patio, Screened
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener, Paved, Two Spaces

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Community Pool, Home Owners Association, Lake, Playground, Pond, Pool, Trails/Paths
  • Amenities: Management
  • Association Fee: 211.5
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Salem

Lot Info

  • Parcel Number: 727-67-66-15-900-000
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7354.62
  • Tax Lot: 18

MLS Schools

  • Elementary School: Clover Hill
  • High School: Clover Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 19, 2024
Sold by
Blom Donald E and Blom Sharon L
Bought by
Cooke Living Trust and Cooke
Seller's Agent
Judy Flaig Graffum
Harvest Realty, Inc.
Buyer's Agent
Dawn V. Curry
Real Broker LLC
List Price
$1,200,000
Sold Price
$1,200,000
Views
146
Current Estimated Value
$1,024,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$175,257
Avg. Annual Appreciation
-11.87%
Original Mortgage
$720,000
Outstanding Balance
$704,071
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$320,672

Purchase Details

Closed on
Jan 15, 2010
Sold by
Malhotra Shailaja
Bought by
Blom Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2002
Bought by
Malhotra Ajai K and Malhotra Shailaja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,300
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2002
Bought by
Malhotra Ajai K and Malhotra Sahilaja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,300
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2000
Sold by
Dudding Phyllis H
Bought by
Malhotra Ajai K and Malhotra Shailaja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
7.7%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Cooke Living Trust $1,200,000 Freedom Title Corp
Blom Donald E $610,000 --
Malhotra Ajai K -- --
Malhotra Ajai K -- --
Malhotra Ajai K $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooke Living Trust $720,000
Previous Owner Blom Donald Edwin $983,000
Previous Owner Blom Donald E $403,000
Previous Owner Blom Donald E $472,000
Previous Owner Blom Donald E $488,000
Previous Owner Malhotra Ajai K $59,300
Previous Owner Malhotra Ajai K $316,400
Previous Owner Malhotra Ajai K $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $1,200,000 0.0% $319 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $1,200,000 -- $319 / 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 $9,990 $1,119,700 $201,000 $918,700
2024 $9,990 $842,500 $197,000 $645,500
2023 $7,608 $808,200 $195,000 $613,200
2022 $6,548 $711,700 $192,000 $519,700
2021 $6,461 $673,200 $192,000 $481,200
2020 $6,123 $644,500 $192,000 $452,500
2019 $6,104 $642,500 $190,000 $452,500
2018 $5,822 $612,800 $188,000 $424,800
2017 $5,709 $594,700 $185,000 $409,700
2016 $5,518 $574,800 $185,000 $389,800
2015 $5,384 $558,200 $185,000 $373,200
2014 $5,249 $544,200 $185,000 $359,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2401048

Central Virginia Regional MLS

APN: 727-67-66-15-900-000