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3124 Lake Terrace Ct Unit 71, Richmond, VA, 23235

$425,000

Home List Price

$5,047*

Closing Credit

3 Bedrooms
3 Full Baths
2,018 SqFt
$211/SqFt
Condo

Location

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3124 Lake Terrace Ct Unit 71, Richmond$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1996
HeatingForced Air, Natural Gas
CoolingCentral Air
WaterfrontLake Front, Pond, Waterfront
FireplaceGas, Insert
ViewWater
MLS #2426591
Lot Size0.03 Acres
StatusActive

About 3124 Lake Terrace Ct Unit 71

Lakefront Maintenance-free living in this spacious condo at Summerhill at Stony Point. What's not to love about this completely renovated waterfront condo just steps from the convenience of shopping, banking, salons, restaurants and more?! Boasting over 2000 sq. feet and soaring cathedral ceilings, you'll bask in the beauty of the natural light and an open floor plan, with plenty of room to enjoy and entertain outdoors as well! Kitchen upgrades include: new granite counters & stainless appliances. New luxury vinyl flooring throughout most of the downstairs. The oversized Master Suite has a fully renovated Master Bathroom with marble flooring & custom tiled shower. Another first-floor bedroom connects to a beautifully renovated bath as well! Upstairs, you'll find Bedroom #3 with another full bath, and a huge storage room plus a pull-down attic with flooring for even more storage! Huge rear deck has built-in bench seating, overlooking the lake! This 55+ community offers so much to maintain an active lifestyle - clubhouse with events and games, celebration dinners & more. This home offers maintenance-free living in the feel of a single-family home!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1996
  • Stories: 2
  • Living Area: 2,018 SqFt

Listing Office:

  • Office Name: Hazelwood Realty LLC
  • Office Phone: (804) 874-2237
  • Listing Agent: Tiffany Hazelwood

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Vinyl
  • Interior: Balcony, Bedroom on Main Level, Bay Window, Ceiling Fan(s), Cathedral Ceiling(s), Double Vanity, Fireplace, Granite Counters, High Ceilings, Loft, Bath in Primary Bedroom, Main Level Primary, Pantry, Recessed Lighting, Cable TV, Walk-In Closet(s), Window Treatments
  • Fireplace: Gas, Insert

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, Pond, Waterfront
  • View: Water
  • Exterior: Sprinkler/Irrigation, Porch

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot: Landscaped, Waterfront, Level
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Huguenot Rd. to Forest Hill Ave. Left into Summerhill

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $211/SqFt

HOA Fees:

  • Amount: $801
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Richmond, VA.

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Richmond, VA

City

Med. Sold Price

$357.2K

Med. Price/SqFt

$225

Avg. Days On Market

26

# of Sold Homes

387

3124 Lake Terrace Ct Unit 71 vs Richmond

43 DAYS ON ROCKET

+17 Days

$425,000

+$67.7K More

$211/SqFt

-$14 Less

KEY TAKEAWAY

This property is $67.7K more than the Median Sold Price and $14/SqFt less than other homes in Richmond, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CVR
  • MLS Number: #2426591

Listing Office:

  • Office Name: Hazelwood Realty LLC
  • Office Phone: (804) 874-2237
  • Listing Agent: Tiffany Hazelwood

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,990

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-731864
3
/10

  • Bon Air Elementary School

  • 8701 Polk St

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-731865
2
/10

  • J.B. Fisher Elementary School

  • 3701 Garden Rd

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-731866
7
/10

  • Greenfield Elementary School

  • 10751 Savoy Rd

  • 1.85 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,613. Residents of Richmond, VA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3124 Lake Terrace Ct Unit 71

What is the listing price of this property?

The listing price of 3124 Lake Terrace Ct Unit 71 property is $425,000.

What type of property is this?

The property 3124 Lake Terrace Ct Unit 71 is a condo located in Richmond, Virginia, 23235.

Is this property for sale now?

Active Listing: 3124 Lake Terrace Ct Unit 71 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3124 Lake Terrace Ct Unit 71 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 3124 Lake Terrace Ct Unit 71 is 2,018 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3124 Lake Terrace Ct Unit 71 is 1996.

Rocket Homes›Virginia›Chesterfield County›Richmond›23235›3124 Lake Terrace Ct Unit 71

This home is located at 3124 Lake Terrace Ct Unit 71 in Richmond, VA and zip code 23235 in the South Side neighborhood. This 2,018 square foot home, which was built in 1996, sits on a 0.03 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $425,000.

While more than 165 listings in Richmond, VA in October 2024 were sold above asking price, there were more than 81 listings sold at asking price, and more than 137 were sold below. In October 2024 in Richmond, VA there were 5.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 26 days, the median list price was $357,226.

From Rocket Homes Real Estate and based on county public records data.

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