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2452 Silver Lake Terrace

2452 Silver Lake Terrace, Midlothian, VA 23112
Property in Chesterfield
Sold May 12, 2011
$175,000
$170,563 by Suntrust Mortgage Inc
Mortgage
Sold Oct 10, 2007
$262,615
$265,000 by Bank Of America Na
Mortgage
Local assessors in Midlothian, VA have categorized 2452 Silver Lake Terrace as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 3,223 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2452 Silver Lake Terrace has a total of 1,735 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 252 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 11, 2011 for $175,000. That's $100.86 per sqft. Prior to that sales transaction, the property was also sold in Sep 21, 2007 for $262,615. 2452 Silver Lake Terrace was last assessed in 2023. The total value of the property was assessed at $291,600. Specifically, the land the property is located on was valued at $60,000. While improvements on the property were assessed at a total of $231,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,661. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • 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: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,223
  • Total Building Area: 1,735
  • Building Area: 1,735
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Gas
  • Heated Square Feet: 1,735
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SILVER LAKE AT WATERMILL
  • Land Acres: 0.074
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SILVER LAKE SEC 1 022

Ownership

  • Current Owner : AUSTIN KAREN
  • Previous Owner : GOODE DEBORAH
  • Owner Before Previous Owner: CENTEX HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chesterfield County Public Schools
  • Census Tract: 100938

Zoning

  • Zoning: R9 - SINGL

Geography

  • Assessors Map Reference: MB 170 PG 66
  • Account Number: 350484001
  • District: 02
  • Section: 1
  • Parcel: 721-68-86-96-500-000
  • Lot: 22
  • Municipality: CLOVER HILL
  • Latitude: 37.4507
  • Longitude: -77.6773

    Address

  • Full Address: 2452 Silver Lake Ter
  • Address - House Number: 2452
  • Address - Street Name: Silver Lake
  • Address - Suffix Type: Ter
  • State: VA
  • City Name: Midlothian
  • Carrier Code: R061
  • 4-Digit Zip Code: 4480
  • Zip Code: 23112

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,661

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 78
  • Final Value: 331,565
  • High Value: 387,228
  • Low Value: 275,902

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,563
  • First Open Lien Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 12, 2011
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $170,563
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SUNTRUST BANK
  • Second Open Lien Mortgage Recording Date: Oct 07, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Sep 26, 2049

    Market Valuation

  • Market Total Value: $291,600
  • Market Land Value: $60,000
  • Market Improvement Value: $231,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,600
  • Assessed Land Value: $60,000
  • Assessed Improvements Value: $231,600

    Sales

  • Current Sale Contract Date: Apr 11, 2011
  • Current Sale Recording Date: May 12, 2011
  • Current Sale Transaction ID: 1053038021
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 10, 2007
  • Previous Sale Contract Date: Sep 21, 2007
  • Previous Sale Amount: $262,615
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: May 12, 2011
  • First Mortgage Loan Amount: $170,563
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 10, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $265,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Chesterfield



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Frequently Asked Questions

What neighborhood is 2452 Silver Lake Terrace located in?
The 2452 Silver Lake Terrace is a located in the neighborhood of Chesterfield in Chesterfield, Midlothian.
What is the average sales price for listings in 2452 Silver Lake Terrace?
The average sales price for units in 2452 Silver Lake Terrace is $0 currently.

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