NOT LISTED FOR SALE

7400 Kentucky Derby Dr Midlothian, VA 23112

Birkdale Neighborhood

Estimated Value: $345,000 - $368,000

3 Beds
2.5 Baths
1,640 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $315,000 $192 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,213/month

15 Days on Market

Highlights

  • 0.76 Acre Lot
  • Colonial Architecture
  • Wood Flooring
  • Alberta Smith Elementary School Rated A-
  • Deck
  • Separate Formal Living Room

About This Home

As of June 2022

You are going to fall in love with this two-story home in Deer Run. The home is nestled on a cul-de-sac and has a paved driveway and garage. When you walk in the home you will notice the large beautiful family room with a fireplace. The kitchen has been updated with gray cabinets and butcher block countertops. Off of the kitchen is the laundry room and half bath. There is plenty of room to also use this as a drop zone area as it leads to the garage. Upstairs you have a large primary bedroom with a full bath. There are 2 additional rooms and a full bathrooms on the second floor as well! Relax outside on the deck or explore the oversized backyard. The home also has 2 sheds. Located close to great schools, shops, and interstates.

Last Agent to Sell the Property

Melissa Karlson

Real Broker LLC License #0225216450 Listed on: 04/18/2022

Real Broker LLC

Last Buyer's Agent

Latoya Perkins

Joyner Fine Properties License #0225233321

Joyner Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,157

Year Built

  • Built in 1991

Lot Details

  • 0.76 Acre Lot
  • Zoning described as R12

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Shed
  • Rear Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Heater

Community Details

  • Triple Crown Subdivision

Listing and Financial Details

  • Tax Lot 80
  • Assessor Parcel Number 729-66-99-39-300-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,157

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1991
  • Property Attached Yn: No
  • Lot Size Acres: 0.759
  • Ownership: Individuals
  • Subdivision Name: Triple Crown
  • Architectural Style: Colonial, 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: Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Separate/Formal Dining Room, Eat-in Kitchen, Bath in Primary Bedroom, Walk-In Closet(s)
  • Living Area: 1640.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Wood Siding
  • Exterior Features: Storage, Shed, Paved Driveway
  • Patio And Porch Features: Rear Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Paved

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 729-66-99-39-300-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2157.0
  • Tax Lot: 80

MLS Schools

  • Elementary School: Alberta Smith
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 26, 2022
Sold by
Kenny and Carly
Bought by
Dabney Cornelius and Dabney Lakisha
Seller's Agent
Melissa Karlson
Real Broker LLC
Buyer's Agent
Latoya Perkins
Joyner Fine Properties
List Price
$275,000
Sold Price
$315,000
Premium/Discount to List
$40,000
14.55%
Current Estimated Value
$358,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,032
Avg. Annual Appreciation
4.62%
Original Mortgage
$252,000
Outstanding Balance
$240,853
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$121,040

Purchase Details

Listed on
Jul 15, 2017
Closed on
Oct 11, 2017
Sold by
Webster Stephen P
Bought by
Kenny Christopher and Kenny Carly
Seller's Agent
Ryan Sanford
RE/MAX Commonwealth
Buyer's Agent
Melissa Karlson
Real Broker LLC
List Price
$228,000
Sold Price
$225,000
Premium/Discount to List
-$3,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.50%
Original Mortgage
$220,924
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 29, 2012
Closed on
Nov 2, 2012
Sold by
Loehlein Justin K
Bought by
Webster Steven P
Seller's Agent
Sherry Louka
Allegiance Real Estate
Buyer's Agent
John Hall
James River Realty Group LLC
List Price
$159,500
Sold Price
$153,000
Premium/Discount to List
-$6,500
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$50,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2006
Sold by
Morgan Robert
Bought by
Loehlein Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,700
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2002
Bought by
Morgan Robert P and Morgan Lisa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2002
Bought by
Morgan Robert P and Morgan Lisa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1998
Sold by
Schiler Kenneth A
Bought by
Morgan Robert P and Morgan Lisa H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,583
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 1996
Sold by
Money Robert D and Sexton Marigail
Bought by
Schuler Kenneth A and Schuler Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,100
Interest Rate
6.97%
Mortgage Type
New Conventional
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
Dabney Cornelius $315,000 Fidelity National Title
Kenny Christopher $225,000 Dominion Capital Title Llc
Webster Steven P $153,000 --
Loehlein Justin $227,500 --
Morgan Robert P -- --
Morgan Robert P -- --
Morgan Robert P $110,500 --
Schuler Kenneth A $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dabney Cornelius $252,000
Previous Owner Kenny Christopher $220,924
Previous Owner Webster Steven P $50,000
Previous Owner Loehlein Justin K $120,000
Previous Owner Loehlein Justin $225,700
Previous Owner Schuler Kenneth A $15,000
Previous Owner Schuler Kenneth A $111,000
Previous Owner Schuler Kenneth A $110,583
Previous Owner Schuler Kenneth A $87,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $315,000 +14.5% $192 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $275,000 -12.7% $168 / Sq Ft
04/19/2022 04/19/22 Off Market $315,000 -- --
04/18/2022 04/18/22 For Sale $275,000 +22.2% $168 / Sq Ft
10/30/2017 10/30/17 Sold $225,000 0.0% $137 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/18/2017 08/18/17 Price Changed $225,000 -1.3% $137 / Sq Ft
07/15/2017 07/15/17 For Sale $228,000 +49.0% $139 / Sq Ft
11/09/2012 11/09/12 Sold $153,000 -4.1% $93 / Sq Ft
10/21/2012 10/21/12 Pending -- -- --
09/29/2012 09/29/12 For Sale $159,500 -- $97 / 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 $2,829 $315,000 $61,000 $254,000
2024 $2,829 $305,000 $59,000 $246,000
2023 $2,629 $288,900 $57,000 $231,900
2022 $2,439 $265,100 $54,000 $211,100
2021 $2,182 $227,100 $52,000 $175,100
2020 $2,075 $215,800 $50,000 $165,800
2019 $2,031 $213,800 $48,000 $165,800
2018 $1,866 $197,600 $47,000 $150,600
2017 $1,829 $187,900 $44,000 $143,900
2016 $1,676 $174,600 $43,000 $131,600
2015 $1,579 $164,500 $42,000 $122,500
2014 $1,476 $151,100 $41,000 $110,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2207898

Central Virginia Regional MLS

APN: 729-66-99-39-300-000