NOT LISTED FOR SALE

5924 Magnolia Cove Cir Chester, VA 23831

Estimated Value: $487,000 - $564,000

3 Beds
2 Baths
2,857 Sq Ft
$185/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $450,724 $158 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,463/month

29 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Under Construction
  • Boat Dock
  • Fitness Center
  • Outdoor Pool

About This Home

As of December 2019

Gorgeous waterfront home available for immediate move in! The Washington is the largest of our plans and has it all! Beautiful easy living great room, formal dining room, large pantry and basement rec room. Owner's suite with tray ceiling, and an incredible walk in closet to die for! Screened in porch overlooks pristine Magnolia Lake. This is a great home for someone looking for 1 level living in a community with plenty of social activities.

Last Agent to Sell the Property

Frank Lackman

CH Realty, LLC License #0225050323 Listed on: 10/08/2019

Last Buyer's Agent

Frank Lackman

CH Realty, LLC License #0225050323 Listed on: 10/08/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,707

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Lake Front
  • Sprinkler System

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Frame Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 2,857 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Tray Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Insulated Doors
  • Separate Formal Living Room
  • Screened Porch
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Partially Finished Basement

  • Partial Basement
  • Crawl Space

Accessible Home Design

  • Accessible Full Bathroom
  • Low Threshold Shower
  • Accessible Bedroom
  • Accessible Kitchen
  • Accessible Closets

Outdoor Features

  • Outdoor Pool
  • Water Access
  • Walking Distance to Water
  • Deck

Schools

  • Ecoff Elementary School
  • Carver Middle School
  • Bird High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • The Cove At Magnolia Lakes Subdivision
  • Maintained Community
  • Community Lake
  • Pond in Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,707

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Property Attached Yn: No
  • Ownership: Corporate
  • Subdivision Name: The Cove at Magnolia Lakes
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Vinyl, Wood
  • Basement: Crawl Space, Partial, Partially Finished
  • Appliances: Built-In Oven, Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Oven, Self Cleaning Oven, Water Heater
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Accessible Kitchen, Low Threshold Shower, Accessible Doors
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 675.0
  • Door Features: Insulated Doors
  • Fireplace Features: Gas, Vented
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Tray Ceiling(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Main Level Primary, Pantry, Recessed Lighting, Cable TV, Wired for Data, Walk-In Closet(s)
  • Living Area: 2857.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Lot Features: Waterfront
  • Pool Features: None, Outdoor Pool, Community
  • Waterfront Features: Lake, Lake Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Frame, Stone, Vinyl Siding
  • Exterior Features: Sprinkler/Irrigation, Porch, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck, Screened, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Off Street, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Dock, Fitness, Lake, Maintained Community, Park, Pond, Pool, Trails/Paths
  • Amenities: Landscaping, Management
  • Association Fee: 260.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Carver

Lot Info

  • Parcel Number: TBD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Lot: 7

MLS Schools

  • Elementary School: Ecoff
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Dec 3, 2019
Sold by
Magnolia Lakes Llc
Bought by
Davis Brian K and Davis Jean M
Seller's Agent
Frank Lackman
CH Realty, LLC
Buyer's Agent
Frank Lackman
CH Realty, LLC
List Price
$450,724
Sold Price
$450,724
Current Estimated Value
$528,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,332
Avg. Annual Appreciation
2.76%
Original Mortgage
$144,000
Outstanding Balance
$126,957
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$401,099
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
Davis Brian K $450,724 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Brian K $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $450,724 0.0% $158 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $450,724 -- $158 / 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 $4,707 $528,000 $67,000 $461,000
2024 $4,707 $521,000 $67,000 $454,000
2023 $4,477 $491,200 $62,000 $429,200
2022 $4,039 $438,200 $57,000 $381,200
2021 $4,216 $443,000 $54,000 $389,000
2020 $3,796 $388,600 $52,000 $336,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1933091

Central Virginia Regional MLS

APN: 779-65-48-62-900-007