NOT LISTED FOR SALE

7400 Willow Ridge Terrace Glen Allen, VA 23060

Laurel Neighborhood

Estimated Value: $393,000 - $442,000

3 Beds
2.5 Baths
1,859 Sq Ft
$226/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $291,500 $157 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,543/month

7 Days on Market

Highlights

  • Deck
  • 1 Car Direct Access Garage
  • Rear Porch
  • Transitional Architecture
  • Thermal Windows
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Bring your DIY spirit! The sky is the limit! The private back yard is just waiting to be brought to life! Rear fenced yard backs up to a private protected area with a meandering stream. Offering a level space for the largest of patio parties and room for the kids to play! Your new home is situated on a quite cul-de-sac street with an inviting, desirable floorplan as well as a timeless exterior. Step into the front door & WOW! Open, Airy welcomes you with several sought after architectural details: Vaulted ceilings, lofted area, palladium windows, multiple bay windows all add to the comfort and functionality of the home. Not the ordinary cookie-cutter plan! Home offers just under 1900 sqft w/ multiple family room space, dining room that can be informal or formal, eat-in kitchen (w/ gas cooking) open to family room and convenient to rear yard gazing! Wait! Theres another flex space; the loft! This is the perfect post COVID home giving everyone a place of their own! Upstairs boast an amazing master suite with cathedral ceiling, walk in closet w/ privacy galore! Two additional bedrooms & full bath are perfectly positioned off of loft area. Newer HVAC, dishwasher, paved drive & more.

Last Agent to Sell the Property

Stephanie Williams

Virginia Capital Realty License #0225194120 Listed on: 07/16/2021

Virginia Capital Realty

Last Buyer's Agent

Michelle Zhang

First Choice Realty License #0225195381

First Choice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 1996

Lot Details

  • 0.53 Acre Lot
  • Fenced
  • Zoning described as R5C

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Transitional Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,859 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Crawl Space

Kitchen

  • Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • Dumbarton Elementary School
  • Hungary Creek Middle School
  • Hermitage High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Hungary Ridge Subdivision

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 765-758-9482

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

Built in 1996

Lot Details

0

HOA Fees

$10 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1996
  • Property Attached Yn: No
  • Lot Size Acres: 0.5285
  • Ownership: Individuals
  • Subdivision Name: Hungary Ridge
  • Architectural Style: Two Story, Transitional
  • 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: Carpet, Vinyl
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1859.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, 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, Off Street, Paved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 125.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Hungary Creek

Lot Info

  • Parcel Number: 765-758-9482
  • Zoning Description: R5C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2574.0
  • Tax Lot: 57

MLS Schools

  • Elementary School: Dumbarton
  • High School: Hermitage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 23, 2021
Sold by
Clark Thomas A and Clark Bita
Bought by
Chan Chun Lam and Li Xiu Qin
Seller's Agent
Stephanie Williams
Virginia Capital Realty
Buyer's Agent
Michelle Zhang
First Choice Realty
List Price
$269,950
Sold Price
$291,500
Premium/Discount to List
$21,550
7.98%
Current Estimated Value
$419,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,950
Avg. Annual Appreciation
8.46%
Original Mortgage
$218,600
Outstanding Balance
$199,926
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$205,150

Purchase Details

Closed on
Aug 28, 2006
Sold by
Hess Douglas S
Bought by
Clark Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,950
Interest Rate
6.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2001
Bought by
Hess Douglas S and Hess Kathleen M

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
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 1996
Bought by
Hess Douglas S and Hess Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
8.01%
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
Chan Chun Lam $291,500 Day Title Services Lc
Clark Thomas A $267,950 --
Hess Douglas S -- --
Hess Douglas S $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Chun Lam $218,600
Previous Owner Clark Thomas A $267,950
Previous Owner Hess Douglas S $15,000
Previous Owner Hess Douglas S $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $291,500 +8.0% $157 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $269,950 -- $145 / 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 $3,581 $397,100 $90,000 $307,100
2024 $3,581 $387,000 $90,000 $297,000
2023 $3,290 $387,000 $90,000 $297,000
2022 $2,836 $333,700 $90,000 $243,700
2021 $2,574 $280,600 $72,000 $208,600
2020 $2,441 $280,600 $72,000 $208,600
2019 $2,409 $276,900 $72,000 $204,900
2018 $2,176 $250,100 $60,000 $190,100
2017 $2,064 $237,200 $60,000 $177,200
2016 $2,064 $237,200 $60,000 $177,200
2015 $1,870 $224,000 $60,000 $164,000
2014 $1,870 $214,900 $54,000 $160,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2121986

Central Virginia Regional MLS

APN: 765-758-9482