8701 Bailey Hill Rd Midlothian, VA 23112
Estimated Value: $547,000 - $653,000
4
Beds
4
Baths
4,082
Sq Ft
$150/Sq Ft
Est. Value
About This Home
This home is located at 8701 Bailey Hill Rd, Midlothian, VA 23112 and is currently estimated at $610,266, approximately $149 per square foot. 8701 Bailey Hill Rd is a home located in Chesterfield County with nearby schools including Alberta Smith Elementary School, Bailey Bridge Middle School, and Manchester High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 26, 2018
Sold by
Patel Kunal B
Bought by
Patel Dhruvalkumar Bhailalbhai
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$147,710
Interest Rate
4.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$462,556
Purchase Details
Closed on
Dec 18, 2017
Sold by
Nvr Inc A Virginia Corporation
Bought by
Patel Kunal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,281
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2017
Sold by
Bayhill Development Corp A Virginia Corp
Bought by
Nvr Inc A Virginia Corporation
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Dhruvalkumar Bhailalbhai | $272,000 | Action Title & Closings Inc | |
| Patel Kunal | $362,135 | Stewart Title Guaranty Co | |
| Nvr Inc A Virginia Corporation | $72,435 | Nvr Settlement Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Dhruvalkumar Bhailalbhai | $172,000 | |
| Previous Owner | Patel Kunal | $217,281 |
Source: Public Records
Tax History Compared to Growth
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 | $5,247 | $586,700 | $78,000 | $508,700 |
| 2024 | $5,247 | $577,700 | $75,000 | $502,700 |
| 2023 | $5,144 | $565,300 | $75,000 | $490,300 |
| 2022 | $4,289 | $466,200 | $75,000 | $391,200 |
| 2021 | $4,211 | $440,600 | $75,000 | $365,600 |
| 2020 | $4,022 | $423,400 | $75,000 | $348,400 |
| 2019 | $3,984 | $419,400 | $74,000 | $345,400 |
| 2018 | $3,953 | $416,100 | $74,000 | $342,100 |
| 2017 | $672 | $70,000 | $70,000 | $0 |
| 2016 | $672 | $70,000 | $70,000 | $0 |
| 2015 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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