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3937 Waterwheel Drive

3937 Waterwheel Drive, Midlothian, VA 23112
Property in Chesterfield
Sold Sep 01, 2017
$266,000
$261,182 by Quontic Bank
Mortgage
Sold Nov 25, 2015
$247,500
$222,750 by Townebank Mortgage
Mortgage
3937 Waterwheel Drive has been categorized by the local assessors in Midlothian, VA as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3937 Waterwheel Drive has 2,199 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 19,950 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3937 Waterwheel Drive was last sold in Aug 3, 2017 for $266,000. According to our calculations, that's $120.96 per sqft. Prior to that sales transaction, the property was sold for $247,500 in Nov 10, 2015. Current property owners are expected to pay $3,315 in taxes per year. The property on 3937 Waterwheel Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $361,500. To break that down further, the land itself was valued at $74,000. While improvements to the property were assessed at a total of $287,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 19,950
  • Total Building Area: 2,199
  • Building Area: 2,199
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,199
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OLD HUNDRED MILL
  • Land Acres: 0.458
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OLD HUNDRED MILL SEC D 004

Ownership

  • Current Owner : ROGERS MICHELE C
  • Previous Owner : HOLT ANDREW B
  • Previous Owner 2: HOLT ERICA G
  • Owner Before Previous Owner: LAMONT CHRISTINE THOMAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100912

Zoning

  • Zoning: R12 - SING

Geography

  • Assessors Map Reference: MB 119 PG 83
  • Account Number: 390990001
  • District: 02
  • Section: D
  • Parcel: 733-68-38-83-800-000
  • Lot: 4
  • Municipality: CLOVER HILL
  • Latitude: 37.4358
  • Longitude: -77.6358

    Address

  • Full Address: 3937 Waterwheel Dr
  • Address - House Number: 3937
  • Address - Street Name: Waterwheel
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Midlothian
  • Carrier Code: R100
  • 4-Digit Zip Code: 7011
  • Zip Code: 23112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,315

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 82
  • Final Value: 410,739
  • High Value: 471,067
  • Low Value: 350,412

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $264,464
  • First Open Lien Mortgage Lender: QUONTIC BANK
  • First Open Lien Mortgage Recording Date: Sep 01, 2017
  • First Open Lien Mortgage Loan Amount: $261,182
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Dec 09, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $3,282
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $361,500
  • Market Land Value: $74,000
  • Market Improvement Value: $287,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $361,500
  • Assessed Land Value: $74,000
  • Assessed Improvements Value: $287,500

    Sales

  • Current Sale Contract Date: Aug 03, 2017
  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Transaction ID: 1733031104
  • Current Sale Price: $266,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017035417
  • Previous Sale Recording Date: Nov 25, 2015
  • Previous Sale Contract Date: Nov 10, 2015
  • Previous Sale Amount: $247,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUONTIC BANK
  • First Mortgage Transaction Date: Sep 01, 2017
  • First Mortgage Loan Amount: $261,182
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: TOWNEBANK MORTGAGE
  • Previous Mortgage Transaction Date: Nov 25, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $222,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Brandermill



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Frequently Asked Questions

What neighborhood is 3937 Waterwheel Drive located in?
The 3937 Waterwheel Drive is a located in the neighborhood of Chesterfield in Brandermill, Midlothian.
What is the average sales price for listings in 3937 Waterwheel Drive?
The average sales price for units in 3937 Waterwheel Drive is $0 currently.

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