NOT LISTED FOR SALE

5725 Reedy Springs Dr North Chesterfield, VA 23237

Estimated Value: $453,000 - $540,242

5 Beds
2.5 Baths
3,557 Sq Ft
$145/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $394,895 $111 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,068/month

14 Days on Market

Highlights

  • New Construction
  • Separate Formal Living Room
  • Front Porch
  • A-Frame Home
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of April 2021

OWN A WORLD-CLASS FINER HOME TODAY! Don’t miss the ever so popular Magnolia floor plan meticulously crafted by Finer Homes. Sitting on an expansive homesite in the brand new community of REEDY SPRINGS - this stunner shines with curb appeal! Property offers tremendous detail & craftsmanship throughout. Be greeted by a two story foyer with second floor overlook. Flanking the foyer you'll find the formal dining room as well as a living room. Gourmet kitchen includes two large islands, loads of counter top space, an oversized pantry and breakfast nook area. Continue into the expansive family room directly off the kitchen with plenty of natural light. Finishing the first floor is a private study that could be converted into a 1st floor guest suite w/addition of closet. 2nd floor boasts an owners suite fit for royalty offering large walk-in closet & expansive spa-like bath w/double bowl vanity and water closet. Four additional bedrooms, hall bath, and an oversized laundry room complete the second floor. This home offers tons of storage space including walk-in & pull-down attic. Don't miss this opportunity to build your dream home! Optional third floor also available for additional space!

Last Agent to Sell the Property

Kyle Yeatman

Long & Foster REALTORS License #0225213901 Listed on: 08/04/2020

Long & Foster REALTORS

Last Buyer's Agent

Kyle Yeatman

Long & Foster REALTORS License #0225213901 Listed on: 08/04/2020

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,079

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Zoning described as R12

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home to be built
  • A-Frame Home
  • Transitional Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,557 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Partially Carpeted
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Front Porch
  • Stoop

Schools

  • Beulah Elementary School
  • Salem Middle School
  • Bird High School

Utilities

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

Community Details

  • Reedy Springs Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tax Lot 021
  • Assessor Parcel Number 777-67-12-26-300-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,079

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Property Attached Yn: No
  • Ownership: Corporate
  • Subdivision Name: Reedy Springs
  • Architectural Style: A-Frame, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: To Be Built
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Partially Carpeted
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Stove, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Kitchen Island, Bath in Primary Bedroom, Pantry, Walk-In Closet(s)
  • Living Area: 3557.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Patio And Porch Features: Front Porch, Stoop
  • Property Condition: New Construction

Garage/Parking

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

Utilities

  • Heating: Electric, Natural Gas
  • Cooling: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Salem

Lot Info

  • Parcel Number: 777-67-12-26-300-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Lot: 021

MLS Schools

  • Elementary School: Beulah
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Apr 5, 2021
Sold by
Finer Homes Inc
Bought by
Sanders Aaron L
Seller's Agent
Kyle Yeatman
Long & Foster REALTORS
Buyer's Agent
Kyle Yeatman
Long & Foster REALTORS
List Price
$352,950
Sold Price
$394,895
Premium/Discount to List
$41,945
11.88%
Current Estimated Value
$514,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,166
Avg. Annual Appreciation
5.93%
Original Mortgage
$136,821
Outstanding Balance
$123,224
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$390,837

Purchase Details

Closed on
Dec 30, 2020
Sold by
Reedy Springs Development Co Llc
Bought by
Finer Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanders Aaron L $394,895 Attorney
Finer Homes Inc $77,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Aaron L $136,821
Open Sanders Aaron L $387,741
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $394,895 +10.3% $111 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/17/2020 08/17/20 Price Changed $357,950 +1.4% $101 / Sq Ft
08/04/2020 08/04/20 For Sale $352,950 -- $99 / 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 $4,079 $455,500 $72,000 $383,500
2024 $4,079 $441,000 $64,000 $377,000
2023 $3,549 $390,000 $56,000 $334,000
2022 $3,451 $375,100 $49,600 $325,500
2021 $456 $48,000 $48,000 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2022595

Central Virginia Regional MLS

APN: 777-67-12-26-300-000