NOT LISTED FOR SALE

5716 Magnolia Shore Ln Unit 5716 Chester, VA 23831

Estimated Value: $397,628 - $420,000

2 Beds
2 Baths
1,811 Sq Ft
$278/mo HOA Fee

Last Sold April 28, 2017

Last sale price $303,000 $167 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,771/month

8 Days on Market

Highlights

  • Water Access
  • Outdoor Pool
  • Community Lake
  • Fitness Center
  • Craftsman Architecture
  • Clubhouse

About This Home

As of April 2017

Location, location, location - BETTER THAN NEW! Why wait for new construction and pay extra for upgrades! ONE LEVEL villa is open and spacious- Featuring vaulted ceilings, sunny Great Room and Hearth Room separated by beautiful double-sided Fireplace, all open to gourmet kitchen and large dining nook. Office off Great Room has glass french doors. Master suite offers WIC , private bathroom with fabulous walk-in tile shower and large double vanity. Bedroom two offers double closets and easy access to spacious full bath. Large utility room has laundry sink-huge storage closet. 2-car garage, walk up attic and upgrades include:plantation shutters, wide baseboard and window trim, ceramic tile bathroom floors and granite vanity tops, kitchen cabinets, granite counters, tile backsplash, beadboard on island, upgraded appliances including gas range, under counter lights, cabinet pullouts. Also upgraded light and plumbing fixtures, bedroom carpet and pad, gas and electric dyer hookup. WOW! All this and the amenities of The Villas at Magnolia Lake include exterior and yard maintenance, water, trash, snow removal, lake, pool, clubhouse, and workout facilities! Come home and RELAX!

Last Agent to Sell the Property

Teresa Melton

BHHS PenFed Realty License #0225059495 Listed on: 03/13/2017

BHHS PenFed Realty

Last Buyer's Agent

Sheila Holben

Trinity Real Estate License #0225068876

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,647

Year Built

  • Built in 2015

Lot Details

  • Back Yard Fenced

HOA Fees

  • $278 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Transitional Architecture
  • Patio Home
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,811 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Dining Area

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Patio

Schools

  • Ecoff Elementary School
  • Salem Middle School
  • Bird High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 781-65-31-94-300-046

Community Details

Overview

  • Villas At Magnolia Lakes Subdivision
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,647

Year Built

Built in 2015

Lot Details

0

HOA Fees

$278 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2015
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Villas At Magnolia Lakes
  • Architectural Style: Craftsman, Patio Home, Transitional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate, Partially Carpeted
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave, Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Fireplace, High Ceilings, Pantry
  • Living Area: 1811.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: Outdoor Pool, Pool, Community
  • Waterfront Features: Water Access
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Fitness, Home Owners Association, Lake, Pond, Pool
  • Amenities: Landscaping, Management
  • Association Fee: 278.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Salem

Lot Info

  • Parcel Number: 781-65-31-94-300-046
  • Zoning Description: RMF
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2647.0

MLS Schools

  • Elementary School: Ecoff
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2018
Sold by
Daniel Louise J and Daniel Leonard E
Bought by
Daniel Leonard E
Current Estimated Value
$405,004

Purchase Details

Listed on
Mar 13, 2017
Closed on
Apr 14, 2017
Sold by
Leifheit Emma J
Bought by
Daniel Louise J and Daniel Leonard B
Seller's Agent
Teresa Melton
BHHS PenFed Realty
Buyer's Agent
Sheila Holben
Trinity Real Estate
List Price
$307,500
Sold Price
$303,000
Premium/Discount to List
-$4,500
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Original Mortgage
$212,100
Outstanding Balance
$178,170
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$230,908

Purchase Details

Closed on
Aug 31, 2015
Sold by
Magnolia Lakes Llc
Bought by
Leifheit Emma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
4.01%
Mortgage Type
New Conventional
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
Daniel Leonard E -- None Available
Daniel Louise J $303,000 Old Dominion Title & Escrow
Leifheit Emma J $287,438 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Louise J $50,000
Open Daniel Louise J $212,100
Previous Owner Leifheit Emma J $210,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $303,000 -1.5% $167 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $307,500 -- $170 / 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 $3,427 $384,200 $62,000 $322,200
2024 $3,427 $370,800 $57,000 $313,800
2023 $3,345 $352,800 $57,000 $295,800
2022 $3,111 $338,200 $52,000 $286,200
2021 $2,964 $311,200 $49,000 $262,200
2020 $2,956 $311,200 $49,000 $262,200
2019 $2,891 $304,300 $47,000 $257,300
2018 $2,820 $296,900 $47,000 $249,900
2017 $2,812 $292,100 $47,000 $245,100
2016 $2,647 $275,700 $47,000 $228,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1708774

Central Virginia Regional MLS

APN: 781-65-31-94-300-046