NOT LISTED FOR SALE

725 McCormick Farm Dr Unit A Glen Allen, VA 23060

Estimated Value: $330,000 - $354,000

2 Beds
2.5 Baths
1,584 Sq Ft
$185/mo HOA Fee

Last Sold October 25, 2024

Last sale price $337,500 $213 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,227/month

34 Days on Market

Highlights

  • 8.26 Acre Lot
  • Clubhouse
  • Community Playground
  • Craftsman Architecture
  • 1 Car Attached Garage
  • Central Air

About This Home

As of October 2024

Retreat at One embodies the lifestyle and convenience of a like-new home in a beloved neighborhood. The Tessa is a 3-bedroom, 2.5-bath condo that is both spacious and smart, with all design selections included! Upgrades feature maple slate cabinets, Luna Pearl granite countertops, and stainless steel appliances. The main living space is highly functional, balanced with room to relax or entertain. The oversized Owner’s Suite is a sanctuary boasting a tiled en-suite bathroom, double vanities, two walk-in closets, and a private water closet. The garage offers additional storage space for seasonal items. The Tessa is beautiful, functional, and perfect for today’s lifestyles! This community features beautiful and flexible floorplans, unmatched amenities, and is completely maintenance-free. With unparalleled proximity to downtown Richmond, Short Pump, and I-95, living here saves commute time and offers flexibility and freedom. This is an investor-only opportunity as the property is currently tenant-occupied with a lease expiring on 6/30/26. The rent is $2,250 per month until the end of June 2025, and $2,300 per month from July 1, 2025, to the end of June 2026.

Last Agent to Sell the Property

Sridhar Maramreddy

Robinhood Real Estate & Mortgage License #0225267596 Listed on: 07/24/2024

Last Buyer's Agent

Sridhar Maramreddy

Robinhood Real Estate & Mortgage License #0225267596 Listed on: 07/24/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,442

Year Built

  • Built in 2022

Lot Details

  • 8.26

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Schools

  • Longdale Elementary School
  • Brookland Middle School
  • Hermitage High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 785-760-3649.057

Community Details

Overview

  • Retreat At One Subdivision
  • Maintained Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Playground
  • Trails

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,442

Year Built

Built in 2022

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2022
  • Property Attached Yn: No
  • Lot Size Acres: 8.2607
  • Ownership: Individuals
  • Subdivision Name: Retreat at One
  • Architectural Style: Craftsman
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Condominium
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1584.0
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Vinyl Siding
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Clubhouse, Home Owners Association, Maintained Community, Playground, Trails/Paths
  • Amenities: Landscaping
  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Common Areas, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Brookland

Lot Info

  • Parcel Number: 785-760-3649.057
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2442.0

MLS Schools

  • Elementary School: Longdale
  • High School: Hermitage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Oct 25, 2024
Sold by
Garlapati Sravya and Ponagandla Vinod Kumar
Bought by
Reddy Pola Viswas and Ashritha Gangidi Ashritha
Seller's Agent
Sridhar Maramreddy
Robinhood Real Estate & Mortgage
Buyer's Agent
Sridhar Maramreddy
Robinhood Real Estate & Mortgage
List Price
$355,000
Sold Price
$337,500
Premium/Discount to List
-$17,500
-4.93%
Views
101
Current Estimated Value
$345,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,713
Avg. Annual Appreciation
2.26%
Original Mortgage
$253,100
Outstanding Balance
$250,067
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$95,146
Source: Public Records

Range of Values:

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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
Reddy Pola Viswas $337,500 Old Republic National Title In
Reddy Pola Viswas $337,500 Old Republic National Title In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Pola Viswas $253,100
Closed Reddy Pola Viswas $253,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $337,500 -4.9% $213 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $355,000 +10.1% $224 / Sq Ft
12/07/2022 12/07/22 Sold $322,344 0.0% $204 / Sq Ft View Prior Sale
06/07/2022 06/07/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $322,344 -- $204 / 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 $2,714 $312,100 $70,000 $242,100
2024 $2,714 $287,300 $65,000 $222,300
2023 $2,442 $287,300 $65,000 $222,300
Source: Public Records

Agents Affiliated with this Home

  • Sridhar Maramreddy

    Seller's Agent in 2024

    Sridhar Maramreddy

    Robinhood Real Estate & Mortgage

    (804) 801-2305

    2 in this area

    8 Total Sales

    Sridhar Maramreddy
    Section Image
  • Stanley Martin

    Seller's Agent in 2022

    Stanley Martin

    SM Brokerage LLC

    (571) 999-7039

    193 in this area

    2,067 Total Sales

    Stanley Martin
    Section Image
  • Ravi Gutta

    Buyer's Agent in 2022

    Ravi Gutta

    Robinhood Real Estate & Mortgage

    (630) 865-2493

    52 in this area

    484 Total Sales

    Ravi Gutta
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2419421

Central Virginia Regional MLS

APN: 785-760-3649.057

Virginia Henrico County Glen Allen 23060

725 McCormick Farm Dr Unit A, Glen Allen, VA

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.

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