NOT LISTED FOR SALE

7004 Spring Trace Terrace Midlothian, VA 23112

Estimated Value: $335,258 - $358,000

3 Beds
2 Baths
1,524 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 29, 2016

Last sale price $184,000 $121 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,010/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Deck
  • Cul-De-Sac
  • Alberta Smith Elementary School Rated A-
  • Breakfast Area or Nook
  • Skylights

About This Home

As of June 2016

Welcome to this lovely RENOVATED cape in Spring Trace! Situated on a 1/2 acre cul-de-sac lot, you will enjoy NEW, NEW, NEW throughout this 3 bedroom 2 bath home. Vinyl siding, vinyl windows and a newer roof make this a low maintenance dream. Walk through the front door to find new carpet throughout, new ceramic tile in the kitchen and 2 bathrooms, all new cabinets, new countertops, new fixtures, new ceiling fans, new showers and fresh paint. Everything is crisp, clean and move-in ready! Enjoy a bright, open and airy loft overlooking the family room with two new sky lights. Walk out your back door onto an enormous deck with built in benches only to find peace and serenity in your completely fenced and private backyard! Stainless steel refrigerator and newer washer/ dryer convey. All of this with the convenience of shopping, dining and Chesterfield County Schools just a few minutes away!

Last Agent to Sell the Property

Leslie McRaney

EXP Realty LLC License #0225059284 Listed on: 05/13/2016

EXP Realty LLC

Last Buyer's Agent

Jenn McPhee

James River Realty Group LLC License #0225195181

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1992

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Zoning described as R9

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,524 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Recessed Lighting
  • Bay Window

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Induction Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Alberta Smith Elementary School
  • Bailey Bridge Middle School
  • Manchester High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Spring Trace Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 733-67-01-48-300-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1992
  • Property Attached Yn: No
  • Lot Size Acres: 0.498
  • Ownership: Individuals
  • Subdivision Name: Spring Trace
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Refrigerator, Smooth Cooktop
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Bay Window, Eat-in Kitchen, Recessed Lighting, Skylights
  • Living Area: 1524.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 733-67-01-48-300-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1514.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Alberta Smith
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 10, 2016
Sold by
Ingram E Kent
Bought by
Smith Brendan Lee
Seller's Agent
Leslie McRaney
EXP Realty LLC
Buyer's Agent
Jenn McPhee
James River Realty Group LLC
List Price
$182,900
Sold Price
$184,000
Premium/Discount to List
$1,100
0.6%
Current Estimated Value
$345,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,315
Avg. Annual Appreciation
6.81%
Original Mortgage
$178,480
Outstanding Balance
$142,097
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$203,218

Purchase Details

Closed on
Dec 8, 2015
Sold by
Hunt Kimberly M
Bought by
Worku Mekonen N and Tesema Sosina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,138
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 2002
Bought by
Ingram E K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,050
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1996
Sold by
Ruffin Conrad J
Bought by
Ingram E Kent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,405
Interest Rate
8.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Brendan Lee $184,000 Attorney
Worku Mekonen N $158,000 Atlantic Coast Stlmnt Svcs
Ingram E K -- --
Ingram E Kent $85,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brendan Lee $178,480
Previous Owner Worku Mekonen N $155,138
Previous Owner Ingram E Kent $80,050
Previous Owner Ingram E Kent $83,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2016 06/29/16 Sold $184,000 +0.6% $121 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $182,900 -- $120 / 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 $2,669 $297,100 $62,000 $235,100
2024 $2,609 $287,100 $60,000 $227,100
2023 $2,459 $270,200 $57,000 $213,200
2022 $2,227 $242,100 $54,000 $188,100
2021 $2,062 $210,100 $52,000 $158,100
2020 $1,895 $199,500 $50,000 $149,500
2019 $1,783 $187,700 $48,000 $139,700
2018 $1,724 $181,500 $47,000 $134,500
2017 $1,666 $173,500 $44,000 $129,500
2016 $1,603 $167,000 $43,000 $124,000
2015 $1,539 $157,700 $42,000 $115,700
2014 $1,477 $151,300 $41,000 $110,300
Source: Public Records

Agents Affiliated with this Home

  • Leslie McRaney

    Seller's Agent in 2016

    Leslie McRaney

    EXP Realty LLC

    (804) 837-3043

    24 in this area

    146 Total Sales

    Leslie McRaney
    Section Image

  • J

    Buyer's Agent in 2016

    Jenn McPhee

    James River Realty Group LLC

    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1615566

Central Virginia Regional MLS

APN: 733-67-01-48-300-000

Virginia Chesterfield County Midlothian 23112

7004 Spring Trace Terrace, Midlothian, VA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

Nearby Homes