NOT LISTED FOR SALE

7627 Sugar Magnolia Ln New Kent, VA 23141

Brookwoods Neighborhood

Estimated Value: $493,000 - $544,000

6 Beds
4 Baths
2,828 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $369,310 $131 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,048/month

Highlights

  • Boat Dock
  • In Ground Pool
  • Deck
  • Under Construction
  • Clubhouse
  • Transitional Architecture

About This Home

As of May 2019

Cypress Elevation C with finished 3rd floor.

Last Agent to Sell the Property

Cathy Newton

Long & Foster REALTORS License #0225022195 Listed on: 10/26/2018

Long & Foster REALTORS

Last Buyer's Agent

Sal Mannino

Balducci Realty, Inc License #0225221391

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,741

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Zoning described as PUD

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Dry Walled Garage
  • Rear-Facing Garage
  • Driveway

Home Design

  • Home to be built
  • Transitional Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,828 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Sliding Doors
  • Insulated Doors
  • Separate Formal Living Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity

Outdoor Features

  • In Ground Pool
  • Deck
  • Front Porch

Schools

  • G. W. Watkins Elementary School
  • New Kent Middle School
  • New Kent High School

Utilities

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

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 19G112 4 15

Community Details

Overview

  • Patriots Landing Subdivision
  • The community has rules related to allowing corporate owners

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Playground
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,741

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Property Attached Yn: No
  • Lot Size Acres: 0.23
  • Ownership: Corporate
  • Subdivision Name: Patriots Landing
  • Architectural Style: Two Story, Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • Year Built Details: To Be Built
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Smooth Cooktop, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Door Features: Insulated Doors, Sliding Doors
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Separate/Formal Dining Room, Double Vanity, Granite Counters, High Ceilings, Pantry, Walk-In Closet(s)
  • Living Area: 2828.0
  • Stories: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: None
  • Pool Features: In Ground, Pool, Community
  • Waterfront: No
  • Construction Type: Block, Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Front Porch, Deck, Porch
  • Property Condition: New Construction, Under Construction

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Finished Garage, Paved, Garage Faces Rear

Utilities

  • Heating: Forced Air, Natural Gas
  • 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, Dock, Home Owners Association, Playground, Park, Pool, Trails/Paths
  • Amenities: Management
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: New Kent

Lot Info

  • Parcel Number: 19G112 4 15
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Lot: 15

MLS Schools

  • Elementary School: G. W. Watkins
  • High School: New Kent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
May 24, 2019
Sold by
Eastwood Homes Of Richmond Llc
Bought by
Chassereau Christopher M
Seller's Agent
Cathy Newton
Long & Foster REALTORS
Buyer's Agent
Sal Mannino
Balducci Realty, Inc
List Price
$352,640
Sold Price
$369,310
Premium/Discount to List
$16,670
4.73%
Current Estimated Value
$522,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,975
Avg. Annual Appreciation
5.45%
Original Mortgage
$352,640
Outstanding Balance
$309,412
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$212,873

Purchase Details

Closed on
Mar 23, 2018
Sold by
Patriots Landing Managment Corp A Virgin
Bought by
Eastwood Homes Of Richmond Llc A Virgini
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chassereau Christopher M $369,310 Attorney
Eastwood Homes Of Richmond Llc A Virgini $67,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chassereau Christopher M $352,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2019 05/24/19 Sold $369,310 +4.7% $131 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $352,640 -- $125 / 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 $2,741 $456,900 $83,200 $373,700
2024 $2,696 $456,900 $83,200 $373,700
2023 $2,767 $413,000 $76,000 $337,000
2022 $277 $413,000 $76,000 $337,000
2021 $2,847 $360,400 $70,900 $289,500
2020 $3,316 $360,400 $70,900 $289,500
2019 $638 $65,800 $65,800 $0
2018 $638 $65,800 $65,800 $0
2017 $0 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1837325

Central Virginia Regional MLS

APN: 19G112 4 15