NOT LISTED FOR SALE

7502 Flag Tail Dr Midlothian, VA 23112

Estimated Value: $347,000 - $389,000

3 Beds
2.5 Baths
1,846 Sq Ft
$203/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $165,000 $89 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $2,235/month

5 Days on Market

Highlights

  • 1.08 Acre Lot
  • Deck
  • Separate Formal Living Room
  • Colonial Architecture
  • Wood Flooring
  • Wrap Around Porch

About This Home

As of September 2016

Are you ready for some Built-in Sweat Equity? This 3 Bedroom 2 1/2 Bath Colonial is being sold as/is with no repairs AND is priced $25,100 under the 2016 Chesterfield County Tax Assessment of $200,100. What a Very Good Price for you by doing some updating and repair work. This home sits at the end of a cul-de-sac on 1.082 acres in the Deer Run Subdivision. There is a Large Eat-in Kitchen with a Pantry, Crown Molding and Chair Rail. The Big Family Room also has Crown Molding and Chair Rail. There is a Beautiful Light and Bright Florida Room with Hardwood Floors and Recessed Lights. The Master Bedroom has a Large Walk-in Closet. There is a Good Sized Rear Deck which overlooks the private wooded area and is Perfect for Family BBQ's. Relax on the Wrap-Around Front Porch after a long day at work. The home is a bit messy at this time as the owners are in the process of moving. There is Good Value in this home with some neeeded work, as it sits on a very nice, large, cul-de-sac lot.

Last Agent to Sell the Property

Rick Stockel

Neumann & Dunn Real Estate License #0225041405 Listed on: 07/29/2016

Last Buyer's Agent

Beth Waldrop

Real Broker LLC License #0225073248

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1990

Lot Details

  • 1.08 Acre Lot
  • Cul-De-Sac
  • Back Yard Fenced
  • Zoning described as R12

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Hardboard

Interior Spaces

  • 1,846 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Shed
  • Wrap Around Porch

Schools

  • Spring Run Elementary School
  • Bailey Bridge Middle School
  • Manchester High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Deer Run Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 727-66-95-15-500-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,921

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Property Attached Yn: No
  • Lot Size Acres: 1.082
  • Ownership: Individuals
  • Subdivision Name: Deer Run
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • 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, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Gas Water Heater, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Bath in Primary Bedroom, Pantry, Recessed Lighting, Cable TV, Walk-In Closet(s)
  • Living Area: 1846.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Drywall, Frame, Hardboard
  • Exterior Features: Deck, Porch, Storage, Shed
  • Patio And Porch Features: Rear Porch, Front Porch, Wrap Around, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 727-66-95-15-500-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1921.0
  • Tax Lot: 8

MLS Schools

  • Elementary School: Spring Run
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Sep 7, 2016
Sold by
Gallo Michael L and Gallo Rebecca S
Bought by
Edwards Timothy W
Seller's Agent
Rick Stockel
Neumann & Dunn Real Estate
Buyer's Agent
Beth Waldrop
Real Broker LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$374,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,188
Avg. Annual Appreciation
9.39%
Original Mortgage
$178,339
Outstanding Balance
$141,620
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$232,568

Purchase Details

Closed on
Aug 31, 1998
Sold by
O'Connor Michael W
Bought by
Gallo Michael and Gallo Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,900
Interest Rate
6.9%
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
Edwards Timothy W $165,000 Day Title Services Lc
Gallo Michael $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Timothy W $178,339
Previous Owner Gallo Michael $113,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $165,000 -5.7% $89 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $175,000 -- $95 / 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 $3,160 $352,200 $62,000 $290,200
2024 $3,160 $337,800 $60,000 $277,800
2023 $2,869 $315,300 $57,000 $258,300
2022 $2,668 $290,000 $54,000 $236,000
2021 $2,444 $250,300 $52,000 $198,300
2020 $2,275 $239,500 $50,000 $189,500
2019 $2,124 $223,600 $48,000 $175,600
2018 $2,102 $221,300 $47,000 $174,300
2017 $1,987 $207,000 $44,000 $163,000
2016 $1,921 $200,100 $43,000 $157,100
2015 $1,837 $188,700 $42,000 $146,700
2014 $1,776 $182,400 $41,000 $141,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1625907

Central Virginia Regional MLS

APN: 727-66-95-15-500-000