NOT LISTED FOR SALE

8500 Bailey Hill Rd Midlothian, VA 23112

Estimated Value: $525,845 - $571,000

4 Beds
2.5 Baths
2,790 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $373,950 $134 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,215/month

60 Days on Market

Highlights

  • Built in 2015 | Newly Remodeled
  • Transitional Architecture
  • High Ceiling
  • Alberta Smith Elementary School Rated A-
  • Corner Lot
  • Granite Countertops

About This Home

As of September 2018

Welcome home to Bayhill Pointe, one of Chesterfield's premier communities located just off Bailey Bridge Rd. Consistently ranked as one of the best selling neighborhoods in the area, Bayhill Pointe is located near Brandermill. This former Model home has never been lived in and offers fantastic features, including tons of upgrades that will make you proud to call this beauty home! Boasting an open floor plan main floor complete with a huge chef's kitchen with granite counters, custom 42" cabinets, large center island and tons of style with all the bells and whistles. It opens into the spacious living & dining areas as well as the Florida room too. There is also an office/study on this floor. Upstairs the feeling of space continues with 4 large bedrooms including the private master with Tray ceilings & private master en-suite, plus a main hall bath and convenient 2nd floor laundry too. On this floor you'll also find the huge bonus room where the possibilities are endless, could be a theater room, playroom, or 2nd floor living area. This home is move in ready and just waiting for you go come call it HOME!

Last Agent to Sell the Property

Shawn Mears

ProFound Property Group LLC License #0225215755 Listed on: 06/07/2018

Last Buyer's Agent

James D'Arcy

Long & Foster REALTORS License #0225236829

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,333

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • Landscaped
  • Corner Lot
  • Level Lot
  • Zoning described as R12

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,790 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Dining Area
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Community Details

  • Bayhill Pointe Subdivision

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 735-67-05-44-800-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,333

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2015
  • Property Attached Yn: No
  • Ownership: Individuals
  • Subdivision Name: Bayhill Pointe
  • Architectural Style: Two Story, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Propane Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Fan(s), Dining Area, Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Walk-In Closet(s)
  • Living Area: 2790.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot, Landscaped, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Rear Porch, Front Porch, Screened, Porch
  • Property Condition: New Construction

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Off Street, Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 125.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 735-67-05-44-800-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3333.0
  • Tax Lot: 56

MLS Schools

  • Elementary School: Alberta Smith
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Aug 30, 2018
Sold by
Nyman Joy
Bought by
Malagisi Victor J and Malagisi Margaret M
Seller's Agent
Shawn Mears
ProFound Property Group LLC
Buyer's Agent
James D'Arcy
Long & Foster REALTORS
List Price
$379,950
Sold Price
$373,950
Premium/Discount to List
-$6,000
-1.58%
Current Estimated Value
$543,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,999
Avg. Annual Appreciation
5.27%
Original Mortgage
$367,176
Outstanding Balance
$319,540
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$225,921

Purchase Details

Listed on
Oct 5, 2015
Closed on
Nov 3, 2015
Sold by
Nvr Inc A Virginia Corportion
Bought by
Nyman Joy
Seller's Agent
Janice Taylor
RE/MAX Commonwealth
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$359,990
Sold Price
$359,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.37%
Original Mortgage
$287,992
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Bayhill Development Corp
Bought by
Nvr Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Malagisi Victor J $374,950 Attorney
Nyman Joy $359,990 Nvr Settlement Svcs Inc
Nvr Inc $66,783 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malagisi Victor J $367,176
Previous Owner Nyman Joy $287,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2018 09/04/18 Sold $373,950 -0.3% $134 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/27/2018 07/27/18 Price Changed $374,950 -1.3% $134 / Sq Ft
06/07/2018 06/07/18 For Sale $379,950 +5.5% $136 / Sq Ft
11/19/2015 11/19/15 Sold $359,990 0.0% $129 / Sq Ft View Prior Sale
10/05/2015 10/05/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $359,990 -- $129 / 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 $4,285 $478,600 $78,000 $400,600
2024 $4,285 $467,800 $75,000 $392,800
2023 $4,235 $459,300 $75,000 $384,300
2022 $3,566 $387,600 $75,000 $312,600
2021 $3,553 $367,100 $75,000 $292,100
2020 $3,327 $350,200 $75,000 $275,200
2019 $3,203 $337,200 $74,000 $263,200
2018 $3,406 $355,600 $74,000 $281,600
2017 $3,383 $347,200 $70,000 $277,200
2016 $3,176 $330,800 $70,000 $260,800
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1820967

Central Virginia Regional MLS

APN: 735-67-05-44-800-000