NOT LISTED FOR SALE

8500 Bay Knolls Terrace Midlothian, VA 23112

Birkdale Neighborhood

Estimated Value: $425,271 - $455,000

3 Beds
2 Baths
1,890 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $306,500 $162 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,749/month

15 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Wood Flooring
  • Alberta Smith Elementary School Rated A-
  • Cathedral Ceiling
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2019

OVER $50,000 IN UPGRADES DONE INCLUDING A NEW DIMENSIONAL 50 YEAR ROOF, NO CLEAN CAPPED GUTTERS, A NEW INSULATED GARAGE DOOR, GRANITE, MASTER BATH REMODELED, NEW TOLIETS, NEW LIGHTING FIXTURES AND TILE FLOORING. THE FIREPLACE IS GAS ENABLED BUT CURRENTLY CONVERTED TO ELECTRIC WITH HEAT BLOWER. A LARGE FLORIDA ROOM ALLOWS FOR GREAT VIEWS FOR ALL SEASONS. A NEW TREX DECK, STAIRS AND RETAINING WALL INSTALLED. BACK YARD PERGOLA WITH BAR IS GREAT FOR ENTERTAINING. LARGE WINDOWS THRU OUT! FINISHED GARAGE INCLUDING PAINT, DECORATIVE MOLDINGS AROUND WINDOWS AND STORAGE SHELVES TO CONVEY. VERY PRIVATE QUITE REAR YARD FULLY FENCED. NEIGHBORHOOD HAS WALKING PATHS THROUGHOUT. HOME IS IN WALKING DISTANCE TO COMMUNITY POOL.

Last Agent to Sell the Property

Theresa Cash

Encompass Realty License #0225144287 Listed on: 02/18/2019

Last Buyer's Agent

Melia Flanagan

Keeton & Co Real Estate License #0225230751

Keeton & Co Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,628

Year Built

  • Built in 1997

Lot Details

  • 0.57 Acre Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Zoning described as R12

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Palladian Windows
  • Insulated Doors
  • Separate Formal Living Room
  • Screened Porch
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Hydromassage or Jetted Bathtub

Basement

  • Dirt Floor
  • Crawl Space

Outdoor Features

  • Deck
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage

Schools

  • Crenshaw Elementary School
  • Bailey Bridge Middle School
  • Manchester High School

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 737-67-15-62-400-000

Community Details

Overview

  • Bayhill Pointe Subdivision

Amenities

  • Common Area

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,628

Year Built

Built in 1997

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Property Attached Yn: No
  • Lot Size Acres: 0.566
  • Ownership: Individuals
  • Subdivision Name: Bayhill Pointe
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space, Dirt Floor
  • Appliances: Dishwasher, Exhaust Fan, Electric Cooking, Electric Water Heater, Disposal, Microwave, Oven, Smooth Cooktop
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Electric, Gas
  • Fireplace: Yes
  • Interior Amenities: Wet Bar, Bedroom on Main Level, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Double Vanity, Eat-in Kitchen, Granite Counters, High Ceilings, Jetted Tub, Kitchen Island, Bath in Primary Bedroom, Pantry, Walk-In Closet(s)
  • Living Area: 1890.0
  • Stories: 1
  • Window Features: Palladian Window(s), Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Back Yard, Fenced, Wrought Iron
  • Lot Features: Cul-De-Sac, Landscaped, Level, Wooded
  • Pool Features: None, Community
  • Waterfront: No
  • Disclosures: Disclosure on File, Seller Disclosure
  • Construction Type: Brick, Block, Drywall, Vinyl Siding
  • Exterior Features: Deck, Lighting, Storage, Paved Driveway
  • Other Structures: Gazebo
  • Patio And Porch Features: Rear Porch, Screened, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Oversized, Paved, Garage Faces Rear, Storage

Utilities

  • Heating: Electric
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association, Pool, Trails/Paths, Curbs, Gutter(s)
  • Association Fee: 125.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Pool(s), Snow Removal

Schools

  • Middle Or Junior School: Bailey Bridge

Lot Info

  • Parcel Number: 737-67-15-62-400-000
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2628.0
  • Tax Lot: 7

MLS Schools

  • Elementary School: Crenshaw
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Mar 22, 2019
Sold by
Spezzaferro Antionette M
Bought by
Klemz Steven J and Scott Janet L
Seller's Agent
Theresa Cash
Encompass Realty
Buyer's Agent
Melia Flanagan
Keeton & Co Real Estate
List Price
$306,500
Sold Price
$306,500
Current Estimated Value
$445,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,568
Avg. Annual Appreciation
5.85%
Original Mortgage
$245,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jul 22, 2015
Sold by
Baty Pattric R and Baty Holly M
Bought by
Spezzaferro Antoinette M
Seller's Agent
Tracy Lemmon
BHG Base Camp
Buyer's Agent
William Nelson
Jefferson Properties LLC
List Price
$265,000
Sold Price
$254,000
Premium/Discount to List
-$11,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$203,200
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2014
Closed on
Nov 19, 2014
Sold by
Mckinnie Elbert H
Bought by
Baty Pattric R
Seller's Agent
Wade Randolph
Premier Choice Realty
Buyer's Agent
Tracy Lemmon
BHG Base Camp
List Price
$255,900
Sold Price
$245,000
Premium/Discount to List
-$10,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$220,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2013
Closed on
Sep 19, 2013
Sold by
Brackett Jospeh L
Bought by
Mckinnie Elbert H
Seller's Agent
Beverly Bailey
RE/MAX Commonwealth
Buyer's Agent
Wade Randolph
Premier Choice Realty
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$232,425
Interest Rate
0.25%
Mortgage Type
VA

Purchase Details

Closed on
Jan 24, 2002
Bought by
Brackett Joseph L and Brackett Alice N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,188
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Mulley George A
Bought by
Brackett Joseph L and Brackett Alice N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 1997
Bought by
Mulley George A and Matcalfe Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 1996
Sold by
Bayhill Development Corp
Bought by
Finer Homes Inc
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
Klemz Steven J $306,500 Attorney
Spezzaferro Antoinette M $254,000 --
Baty Pattric R $245,000 --
Mckinnie Elbert H $225,000 --
Brackett Joseph L -- --
Brackett Joseph L $169,000 --
Mulley George A $149,500 --
Finer Homes Inc $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klemz Steven J $280,000
Closed Klemz Steven J $249,750
Closed Klemz Steven J $245,200
Previous Owner Spezzaferro Antoinette M $203,200
Previous Owner Baty Pattric R $220,500
Previous Owner Mckinnie Elbert H $234,165
Previous Owner Mckinnie Elbert H $232,425
Previous Owner Brackett Joseph L $114,125
Previous Owner Finer Homes Inc $61,188
Previous Owner Finer Homes Inc $135,200
Previous Owner Finer Homes Inc $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2019 04/15/19 Sold $306,500 0.0% $162 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $306,500 +20.7% $162 / Sq Ft
08/06/2015 08/06/15 Sold $254,000 -4.2% $134 / Sq Ft
07/04/2015 07/04/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $265,000 +8.2% $140 / Sq Ft
11/26/2014 11/26/14 Sold $245,000 -4.3% $115 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $255,900 +13.7% $120 / Sq Ft
09/23/2013 09/23/13 Sold $225,000 0.0% $119 / Sq Ft
08/10/2013 08/10/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $225,000 -- $119 / 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 $3,433 $382,900 $78,000 $304,900
2024 $3,433 $370,800 $75,000 $295,800
2023 $3,287 $361,200 $75,000 $286,200
2022 $2,903 $315,500 $75,000 $240,500
2021 $2,914 $299,800 $75,000 $224,800
2020 $2,724 $286,700 $75,000 $211,700
2019 $2,628 $276,600 $74,000 $202,600
2018 $2,658 $276,600 $74,000 $202,600
2017 $2,638 $269,600 $70,000 $199,600
2016 $2,480 $258,300 $70,000 $188,300
2015 $2,471 $254,800 $70,000 $184,800
2014 $2,345 $241,700 $68,000 $173,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1904911

Central Virginia Regional MLS

APN: 737-67-15-62-400-000