NOT LISTED FOR SALE

5804 Spinnaker Cove Rd Midlothian, VA 23112

Estimated Value: $799,000 - $1,011,000

5 Beds
3.5 Baths
3,372 Sq Ft
$266/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $525,000 $156 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,330/month

36 Days on Market

Highlights

  • Lake Front
  • Docks
  • Outdoor Pool
  • Clover Hill High Rated A
  • Water Access
  • Transitional Architecture

About This Home

As of April 2016

WATERFRONT! Fully updated waterfront home situated in a premier location on the Swift Creek Reservoir. This home is an entertainers dream w/ private Dock & Electricity + Walk-Out Basement and hardscaping with water views, fireplace, bar and built-in grill! *1st Floor Owner's Suite *Finished Walk-Out Basement*5 Bedrooms, 3 1/2 Bathrooms *Owners have invested add’l. $80,000 in renovations and upgrades since purchasing! *Outdoor Living Areas: Expansive Deck, Paver Patio, Lighting, Fireplace, Built-In Grill/Kitchen Overlooking the Water. *Vaulted Ceilings and huge windows with sweeping water views in the Family Room with Double-Sided Gas Fireplace *Eat-In Kitchen is beautifully updated w/ glass backsplash, granite island, high-end GE Profile stainless steel appliances: Wall Oven, Advantium, Refrigerator, Gas Cooktop, Bosch Dishwasher *Formal Dining Room *1st Floor Owner's Suite w/Access to the Rear Deck *Remodeled Spa-Like Owner's Bath: marble, Kohler vessel sinks, wall faucets. *Amazing Entertaining Space in the Basement: Rec Room w/Gas Log Fireplace, Built-In Bar w/Granite, Sink + Bedroom & Full Bath + Playroom with Built-In Cabinets *Walking Trails *Community Pool/Clubhouse.

Last Agent to Sell the Property

Ken Gehris

USRealty.com License #0225104643 Listed on: 02/11/2016

Last Buyer's Agent

Jennifer Hallock

Fathom Realty Virginia License #0225193371

Fathom Realty Virginia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 7,619 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Landscaped
  • Sprinkler System
  • Zoning described as R7 - ONE FAMILY RES

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Frame Construction
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,372 Sq Ft Home
  • 3-Story Property
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Palladian Windows
  • Separate Formal Living Room
  • Partially Carpeted
  • Water Views
  • Home Security System
  • Kitchen Island
  • Washer and Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Mooring
  • Docks
  • Dock Available
  • Patio
  • Shed
  • Rear Porch

Schools

  • Clover Hill Elementary School
  • Swift Creek Middle School
  • Clover Hill High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Programmable Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 728-675-59-64-00000

Community Details

Overview

  • Spinnaker Cove I Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,020

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1995
  • Property Attached Yn: No
  • Lot Size Acres: 0.1749
  • Ownership: Individuals
  • Subdivision Name: Spinnaker Cove I
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1174.0
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Partially Carpeted
  • Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Vented
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Double Vanity, High Speed Internet, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Main Level Primary, Pantry, Cable TV, Wired for Data, Walk-In Closet(s), Programmable Thermostat
  • Living Area: 3372.0
  • Stories: 3
  • Window Features: Palladian Window(s), Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Invisible, None
  • Lot Features: Cul-De-Sac, Landscaped, Waterfront
  • Pool Features: Community, Pool
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Lake, Mooring, Water Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Drywall, Frame, HardiPlank Type
  • Exterior Features: Dock, Sprinkler/Irrigation, Storage, Shed
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 115.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities

Schools

  • Middle Or Junior School: Swift Creek

Lot Info

  • Parcel Number: 728-675-59-64-00000
  • Zoning Description: R7 - ONE FAMILY RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4019.52
  • Tax Lot: 009

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2016
Closed on
Apr 1, 2016
Sold by
Sullivan Todd A and Sullivan Catherine B
Bought by
Lingler Justin and Lingler Kimberly S
Seller's Agent
Ken Gehris
USRealty.com
Buyer's Agent
Jennifer Hallock
Fathom Realty Virginia
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%
Current Estimated Value
$896,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,566
Avg. Annual Appreciation
5.92%
Original Mortgage
$367,500
Outstanding Balance
$294,318
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$608,936

Purchase Details

Closed on
Oct 31, 2007
Sold by
Mellon Mark
Bought by
Sullivan Todd A and O'Connor,Catherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2003
Sold by
Bruce James
Bought by
Mellon Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.09%
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
Lingler Justin $525,000 Attorney
Sullivan Todd A $520,000 --
Mellon Mark $453,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lingler Justin $367,500
Previous Owner Sullivan Todd A $375,000
Previous Owner Mellon Mark $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2016 04/22/16 Sold $525,000 -1.9% $156 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $535,000 -- $159 / 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 $6,687 $748,500 $191,000 $557,500
2024 $6,687 $679,900 $187,000 $492,900
2023 $6,011 $660,500 $185,000 $475,500
2022 $5,107 $555,100 $182,000 $373,100
2021 $5,085 $528,300 $182,000 $346,300
2020 $4,817 $507,000 $182,000 $325,000
2019 $4,798 $505,000 $180,000 $325,000
2018 $4,639 $488,300 $180,000 $308,300
2017 $4,575 $476,600 $180,000 $296,600
2016 $4,116 $428,700 $180,000 $248,700
2015 $4,045 $418,700 $180,000 $238,700
2014 $3,932 $407,000 $180,000 $227,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1603656

Central Virginia Regional MLS

APN: 728-67-55-96-400-000