NOT LISTED FOR SALE

7012 Crape Myrtle Terrace Chesterfield, VA 23234

Meadowbrook Neighborhood

Estimated Value: $473,203 - $488,000

5 Beds
3 Baths
2,424 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $435,000 $179 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,000/month

131 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Front Porch
  • Cathedral Ceiling
  • Separate Formal Living Room
  • 2 Car Attached Garage

About This Home

As of December 2023

Home has a great open floor plan with lots of style. You will love the kitchen which is open to the family room and features granite counter tops. First floor bedroom with full bath, other features include deck, 9ft ceilings and 2 car direct entry garage. Home is vacant and ready to move in.

Last Agent to Sell the Property

Jerry Harlow

Lee Conner Realty & Assoc. LLC License #0225072251 Listed on: 07/17/2023

Last Buyer's Agent

Karen Loewen

Compass License #0225230279

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,229

Year Built

  • Built in 2017

Lot Details

  • 9,827 Sq Ft Lot
  • Zoning described as R7

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Separate Formal Living Room
  • Stove
  • Dryer Hookup

Flooring

  • Partially Carpeted
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Hopkins Elementary School
  • Falling Creek Middle School
  • Bird High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 769-67-68-96-400-000

Community Details

Overview

  • Watermark Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,229

Year Built

Built in 2017

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Property Attached Yn: No
  • Lot Size Acres: 0.2256
  • Ownership: Individuals
  • Subdivision Name: Watermark
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Linoleum, Partially Carpeted
  • Appliances: Gas Water Heater, Stove, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Bedroom on Main Level, Cathedral Ceiling(s), Separate/Formal Dining Room, Bath in Primary Bedroom
  • Living Area: 2424.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area
  • Association Fee: 60.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas

Schools

  • Middle Or Junior School: Falling Creek

Lot Info

  • Parcel Number: 769-67-68-96-400-000
  • Zoning Description: R7
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3229.0
  • Tax Lot: 29

MLS Schools

  • Elementary School: Hopkins
  • High School: Bird

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Dec 7, 2023
Sold by
Singh Ishwar and Singh Paramjeet
Bought by
Ibenye Silver and Ibenye Frances
Seller's Agent
Jerry Harlow
Lee Conner Realty & Assoc. LLC
Buyer's Agent
Karen Loewen
Compass
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Views
413
Current Estimated Value
$481,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,551
Avg. Annual Appreciation
4.96%
Original Mortgage
$407,203
Outstanding Balance
$401,100
Interest Rate
7.76%
Mortgage Type
Construction
Estimated Equity
$71,003

Purchase Details

Closed on
Oct 3, 2017
Sold by
Eastwood Homes Of Richmond Llc D/B/A Eas
Bought by
Singh Ishwar and Singh Paramjeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,529
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ibenye Silver $435,000 First American Title Insurance
Ibenye Silver $435,000 First American Title Insurance
Singh Ishwar $331,535 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibenye Silver $407,203
Closed Ibenye Silver $407,203
Previous Owner Singh Ishwar $307,000
Previous Owner Singh Ishwar $312,000
Previous Owner Singh Ishwar $325,529
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $435,000 0.0% $179 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/14/2023 11/14/23 Price Changed $435,000 -3.3% $179 / Sq Ft
11/14/2023 11/14/23 For Sale $450,000 0.0% $186 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $450,000 -3.2% $186 / Sq Ft
07/19/2023 07/19/23 For Sale $465,000 -- $192 / 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 $3,795 $423,600 $82,000 $341,600
2024 $3,795 $416,400 $82,000 $334,400
2023 $3,625 $398,400 $80,000 $318,400
2022 $3,229 $351,000 $75,000 $276,000
2021 $3,067 $315,900 $65,000 $250,900
2020 $2,915 $306,800 $65,000 $241,800
2019 $2,814 $296,200 $65,000 $231,200
2018 $2,814 $296,200 $65,000 $231,200
2017 $624 $65,000 $65,000 $0
2016 $595 $62,000 $62,000 $0
2015 $595 $62,000 $62,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2317462

Central Virginia Regional MLS

APN: 769-67-68-96-400-000