NOT LISTED FOR SALE

718 Colony Forest Dr Midlothian, VA 23114

Estimated Value: $592,000 - $646,000

5 Beds
2.5 Baths
3,329 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $470,000 $141 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,898/month

5 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Separate Formal Living Room
  • J B Watkins Elementary School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of July 2021

Welcome to Charter Colony, conveniently located in the heart of Chesterfield! This transitional home has 4 bedrooms, 2.5 baths and is perfect for entertaining. Enjoy traditional rooms combined with an open floor plan. A bright foyer welcomes you with transom windows, decorative molding and hardwood floors throughout the 1st floor. The adjoining living room features crown molding, chair rail, picture frame molding, and decorative column's leading to spacious formal dining room with tray ceiling. The spacious kitchen has granite countertops, island, and SS appliances including refrigerator. Other features include eat-in kitchen, large bright family room with gas fireplace, morning room leading to deck, patio, and huge back yard. On the second level, a huge owner’s suite has a large walk-in closet and spacious bathroom with separate tub & tiled shower. The other three bedrooms are sizable with spacious double-door closets. An additional room is great for a playroom or office. The 3rd floor offers a large space for gathering or privacy and walk-n attic access. Do not miss out! Enjoy Charter Colony amenities including clubhouse, pool and modern living!

Last Agent to Sell the Property

Sarah Bice

Sarah Bice & Associates RE License #0225069620 Listed on: 06/02/2021

Co-Listed By

Acree Abbott

Long & Foster REALTORS- License #0225239949

Last Buyer's Agent

Bob Shanks

Napier REALTORS ERA License #0225071991

Napier REALTORS ERA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,464

Year Built

  • Built in 2007

Lot Details

  • 0.26 Acre Lot
  • Back Yard Fenced
  • Sprinkler System
  • Zoning described as R9

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,329 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Oven
  • Induction Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Watkins Elementary School
  • Midlothian Middle School
  • Midlothian High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 723-70-50-64-000-000

Community Details

Overview

  • Stewart Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,464

Year Built

Built in 2007

Lot Details

0

HOA Fees

$69 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Property Attached Yn: No
  • Lot Size Acres: 0.263
  • Co List Office Mls Id: SBAR01
  • Co List Office Phone: (804) 421-7777
  • Ownership: Individuals
  • Subdivision Name: Stewart Village
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Partially Carpeted, Tile, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Cooking, Disposal, Oven, Refrigerator, Range Hood, Smooth Cooktop, Stove, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Tray Ceiling(s), Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, Garden Tub/Roman Tub, High Ceilings, High Speed Internet, Kitchen Island, Bath in Primary Bedroom, Pantry, Cable TV, Wired for Data, Walk-In Closet(s), Window Treatments
  • Living Area: 3329.0
  • Stories: 2
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Sprinkler/Irrigation, Paved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Electric, Zoned
  • 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: Clubhouse, Home Owners Association, Pool
  • Association Fee: 208.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Pool(s), Recreation Facilities

Schools

  • Middle Or Junior School: Midlothian

Lot Info

  • Parcel Number: 723-70-50-64-000-000
  • Zoning Description: R9
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3464.0
  • Tax Lot: 57

MLS Schools

  • Elementary School: Watkins
  • High School: Midlothian

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jun 28, 2021
Sold by
Zhou Jun and Wang Xiaojing
Bought by
Mcpeters Brian A and Mcpeters Susan H
Seller's Agent
Sarah Bice
Sarah Bice & Associates RE
Buyer's Agent
Bob Shanks
Napier REALTORS ERA
List Price
$449,950
Sold Price
$470,000
Premium/Discount to List
$20,050
4.46%
Current Estimated Value
$613,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,254
Avg. Annual Appreciation
6.95%
Original Mortgage
$446,500
Outstanding Balance
$407,755
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$205,499

Purchase Details

Closed on
Jun 21, 2007
Sold by
Bb Hunt Llc
Bought by
Zhou Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,668
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Mcpeters Brian A $470,000 Attorney
Zhou Jun $383,335 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcpeters Brian $183,500
Open Mcpeters Brian A $446,500
Previous Owner Zhou Jun $257,000
Previous Owner Zhou Jun $281,600
Previous Owner Zhou Jun $293,327
Previous Owner Zhou Jun $297,000
Previous Owner Zhou Jun $306,668
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $470,000 +4.5% $141 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $449,950 -- $135 / 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 $4,948 $553,100 $96,000 $457,100
2024 $4,948 $523,200 $96,000 $427,200
2023 $4,495 $494,000 $96,000 $398,000
2022 $4,008 $435,600 $92,000 $343,600
2021 $3,619 $378,300 $90,000 $288,300
2020 $2,099 $378,300 $90,000 $288,300
2019 $3,464 $364,600 $90,000 $274,600
2018 $3,533 $372,500 $90,000 $282,500
2017 $3,502 $362,200 $90,000 $272,200
2016 $3,547 $369,500 $90,000 $279,500
2015 $3,456 $358,700 $90,000 $268,700
2014 $3,250 $335,900 $80,000 $255,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2112775

Central Virginia Regional MLS

APN: 723-70-50-64-000-000