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1518 Old Lyme Ln, Midlothian, VA, 23114

2beds
3baths
1,082sqft
$250,000
$231price/sqft
$1,739/moest. monthly cost
$69,560/yrincome needed

About This Home

These homes don't come up for sale very often and there's a reason why. This owner is the original owner and has loved living in Sugar Creek. It's a perfect location to Midlothian or further into Chesterfield but more importantly is the sense of community - where neighbors look out for each other. Our seller is now in assisted living and we're proudly helping her with the sell of this home. Unique to this property is the two full bathrooms upstairs, one for each bedroom which make this an ideal investment. Additionally the seller had added and screened the back deck which is likely to be your favorite room in the house. The home needs new carpeting and painting, just cosmetic work and we'd like to sell it as is so please feel free bring an inspector or contractor with you when you see the property. The heat pump is 2014 and the appliances have been very gently used. FYI we'll open the property up for showings as soon as we complete the clean out of the seller's remaining personal property so please keep an eye out for a change in status from Coming Soon to Active. Please check back for floor plan and professional interior photos.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

5/10
Evergreen ElementaryGrades PK-50.2 mi
9/10
Midlothian Middle SchoolGrades 6-82.7 mi
8/10
Midlothian High SchoolGrades 9-122.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1988

Materials

  • Roof: Asphalt,Shingle
  • Construction materials: Brick,Drywall,Frame,Vinyl Siding

Type & Style

  • Home type: Townhouse
  • Architectural style: Two Story
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Cooking,Electric Water Heater,Disposal,Ice Maker,Range,Refrigerator,Stove,Washer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Family Room

  • Level: First

Features

  • Flooring: Laminate,Partially Carpeted,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Factory Built,Wood Burning
  • Fireplace: Yes
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,082

Half Bath

  • Level: First

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,082 sqft

Kitchen

  • Level: First

Master Bedroom

  • Level: Second

Master Bedroom

  • Level: Second

Other

  • Level: Second

Property

Details

  • Parcel number: 735694401300000
  • Attached to another structure: Yes
  • Zoning description: R7

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Rear Porch,Screened
  • Fencing: None

Lot

  • Lot size: 2,003 sqft

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$73$876
Property Taxes $200$2,400
Electricity $202$2,433
Total$1,739$20,868
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,622/yr
40% on housing$52,170/yr
45% on housing$46,373/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.9%
10.9%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$231This listing

vs Other Active Listings

Avg $/sqft

ZIP 23114$201
Chesterfield County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 23114$228
Chesterfield County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-11Pending sale$250,000

For Sale by Agent

AgentLarry Mills
BrokerageJoyner Fine Properties

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