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For sale
    • Price cut: $10K (7/17)
    $589,950

    2531 Water Race Ter, Midlothian, VA 23112

    6beds
    3,364sqft
    : 
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    Single Family Residence
    Built in 2006
    9,234 Square Feet Lot
    $587,300 Zestimate®
    $175/sqft
    $73/mo HOA

    What's special

    Large family roomVersatile floor planTennis courtsCenter islandCorner pantryExtra large breakfast barTons of counter space
    HELLO.... OPPORTUNITY IS KNOCKING!! NICE PRICE REDUCTION AND SELLER OFFERING $10K IN CLOSING COST ASSISTANCE! A Beautiful, Exceptionally-Maintained Home in a Super Convenient Location and a Community offering Amenities with LOW HOA dues! Come check out this Wonderfully Flexible Beauty featuring a First Floor Guest Bedroom and Full Bath. This Versatile Floor Plan offers a Dining Room and Living Room PERFECT for entertaining that has a Butlers Pantry connecting to the Expansive Kitchen. Positioned along the Rear of the Home is the Large Family Room that opens to a spacious Eat-In Area that has so many windows!! This home has SO MUCH NATURAL LIGHT! Any cook will appreciate the kitchen with Extra Large Breakfast Bar, Center Island TONS of Counter space and Corner Pantry. Work from home? Want a craft/exercise room? The Spacious Upstairs offers 5 more bedrooms-use how you need them! This wonderful home and property is located in the sought-after Watermill community that is SUPER convenient to Highways, Shopping, Medical Care and in the Coveted Swift Creek Elementary, Tomahawk Creek Middle, Midlothian High district. Move-in now to enjoy the community Pool, Tennis Courts, Clubhouse and Playground included in the LOW HOA dues. Roof 2020, A/C 2021, EV Charger. Set up an appointment to see this home now!
    74 days
    |
    962
    |
    45
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Conner 804-218-0175,

    Chesterfield Realty 804-873-4115,

    Suzanne Thornton 804-873-4115,

    Chesterfield Realty

    Source: CVRMLS,MLS#: 2611525MLS LogoOriginating MLS: Central Virginia Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Description: Cprt, Dbl door entry, 2 WALK IN CLOSETS
      • Level: Second
      • Dimensions: 21.4 x 16.11
      Bedroom 2
      • Description: PRIVATE BEDROOM ON FIRST FLOOR W Bay window
      • Level: First
      • Dimensions: 10.11 x 15.2
      Bedroom 3
      • Description: Crpt, C Fan
      • Level: Second
      • Dimensions: 11.6 x 13.11
      Bedroom 4
      • Description: Carpet, Cfan
      • Level: Second
      • Dimensions: 11.1 x 11.8
      Bedroom 5
      • Description: Carpet, dbl closet, cfan
      • Level: Second
      • Dimensions: 12.10 x 11.0
      Dining room
      • Description: Hdwd,W/LR-GREAT ENTERTAINING
      • Level: First
      • Dimensions: 0 x 0
      Family room
      • Description: Hrdwd, Gas FP, Open to kitchen, Sunny
      • Level: First
      • Dimensions: 18.0 x 16.0
      Foyer
      • Description: 2-story, Hdwd
      • Level: First
      • Dimensions: 0 x 0
      Other
      • Description: Tub & Shower
      • Level: First
      Other
      • Description: Tub & Shower
      • Level: Second
      Kitchen
      • Description: SPACIOUS, Island, Large Bfast Bar, Corner Pantry
      • Level: First
      • Dimensions: 0 x 0
      Laundry
      • Description: Room, Storage
      • Level: Second
      • Dimensions: 0 x 0
      Living room
      • Description: Hardwood, Sunny, Butlers Pantry
      • Level: First
      • Dimensions: 0 x 0
      Recreation
      • Description: BR 6 or Flex Use Space: Closet, Cfan
      • Level: Second
      • Dimensions: 16.6 x 13.9
      Heating
      • Forced Air, Natural Gas, Zoned
      Cooling
      • Electric, Zoned
      Appliances
      • Included: Dishwasher, Electric Cooking, Gas Water Heater, Microwave
      Features
      • Bedroom on Main Level, Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
      • Flooring: Carpet, Wood
      • Has basement: No
      • Attic: Pull Down Stairs
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total interior livable area: 3,364 sqft
      • Finished area above ground: 3,364
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Oversized, Paved, Electric Vehicle Charging Station(s)
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Stoop, Deck
      • Exterior features: Deck, Paved Driveway
      • Pool features: Fenced, In Ground, Pool, Community
      • Fencing: Back Yard,Privacy,Fenced
      Lot
      • Size: 9,234 Square Feet
      Details
      • Parcel number: 722690095700000
      • Zoning description: R9

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Two Story,Transitional
      • Property subtype: Single Family Residence
      Materials
      • Brick, Block, Drywall, Vinyl Siding
      • Roof: Composition
      Condition
      • Resale
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Common Grounds/Area, Clubhouse, Community Pool, Home Owners Association, Playground, Park, Pool
      • Subdivision: Watermill
      HOA
      • Has HOA: Yes
      • Amenities included: Management
      • Services included: Clubhouse, Common Areas, Pool(s)
      • HOA fee: $219 quarterly
      Location
      • Region: Midlothian

      Financial & listing details

      • Price per square foot: $175/sqft
      • Tax assessed value: $592,300
      • Annual tax amount: $5,271
      • Date on market: 5/4/2026
      • Ownership: Individuals
      • Ownership type: Sole Proprietor

        Estimated market value

        $587,300

        $558,000 - $617,000

        $3,245/mo

        Price history

        DateEventPrice
        7/17/2026Price change$589,950-1.7%$175/sqft
        Source: CVRMLS #2611525 Report a problem
        7/1/2026Price change$599,950-2.4%$178/sqft
        Source: CVRMLS #2611525 Report a problem
        5/29/2026Price change$615,000-1.6%$183/sqft
        Source: CVRMLS #2611525 Report a problem
        5/18/2026Price change$625,000-1.6%$186/sqft
        Source: CVRMLS #2611525 Report a problem
        5/1/2026Listed for sale$634,990+17.8%$189/sqft
        Source: CVRMLS #2611525 Report a problem
        9/19/2023Sold$539,000-1.5%$160/sqft
        Source: CVRMLS #2318022 Report a problem
        8/17/2023Pending sale$547,000$163/sqft
        Source: CVRMLS #2318022 Report a problem
        7/26/2023Listed for sale$547,000+44.5%$163/sqft
        Source: CVRMLS #2318022 Report a problem
        10/16/2006Sold$378,547$113/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,271 +10.8%$592,300 +12%
        2024$4,759 +7.1%$528,800 +8.3%
        2023$4,442 +14.3%$488,100 +15.5%
        2022$3,887 +9.2%$422,500 +12.8%
        2021$3,559 +0.3%$374,600 +0.3%
        2020$3,548 +2.8%$373,500 +2.8%
        2019$3,452 -1.4%$363,400
        2018$3,502 +10.8%$363,400 +8.1%
        2017$3,162 $336,100 +2.8%
        2016$3,162 -0.5%$326,800 -0.5%
        2015$3,178 +2%$328,400 +2.1%
        2014$3,114 $321,800 +9.9%
        2013-- $292,800
        2012-- $292,800 -6.6%
        2011-- $313,600 -8.1%
        2010-- $341,200 -6.3%
        2009-- $364,300 -7.2%
        2008-- $392,400 +17.7%
        2007-- $333,400
        2005-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 23112

        Getting around

        1 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Swift Creek
        • Middle: Tomahawk Creek
        • High: Midlothian

        Source: CVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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