NOT LISTED FOR SALE

Estimated Value: $184,000 - $274,000

3 Beds
1 Bath
1,602 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $37,700 $24 Per Sq Ft

Est. 530% increase in value since last sale

Current estimated payment $1,423/month

21 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Wood Siding
  • Open High School Rated A+
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of August 2013

Investment Package, to be sold as Block - includes 1002 E 16th Street (duplex) 1000 E 16th Street (single family) & 3401 Maury Street (single family).

Last Agent to Sell the Property

Tom Rosman

One South Commercial LLC License #0225268571 Listed on: 06/17/2013

One South Commercial LLC

Last Buyer's Agent

Kyle Stephenson

Praxis Realty Inc License #0225184346

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 4,504 Sq Ft Lot
  • Zoning described as R-5 SINGLE FAMILY

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,602 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Blackwell Elementary School
  • Thompson Middle School
  • Armstrong High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number S0000542024

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

4,504 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1948
  • Property Attached Yn: No
  • Lot Size Acres: 0.1034
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Approximate
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1602.0
  • Stories: 1

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Construction Type: Aluminum Siding, Wood Siding
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Parcel Number: S0000542024
  • Zoning Description: R-5 SINGLE FAMILY

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1152.0
  • Tax Block: 0
  • Tax Lot: 0

MLS Schools

  • Elementary School: Blackwell
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2013
Closed on
Aug 6, 2013
Sold by
Midlothian Real Estate Holding
Bought by
3401 Maury Street Series
Seller's Agent
Tom Rosman
One South Commercial LLC
Buyer's Agent
Kyle Stephenson
Praxis Realty Inc
List Price
$40,000
Sold Price
$37,700
Premium/Discount to List
-$2,300
-5.75%
Current Estimated Value
$237,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,802
Avg. Annual Appreciation
15.75%

Purchase Details

Closed on
Oct 10, 2012
Sold by
Kepley Broscious And Biggs Plc
Bought by
Midlothian Real Estate Holding

Purchase Details

Closed on
Apr 23, 2007
Sold by
Pearson Phyllis
Bought by
Parham Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2007
Sold by
Jones Vernetta
Bought by
Pearson Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3401 Maury Street Series $153,000 --
Midlothian Real Estate Holding $105,000 --
Parham Reginald $124,000 --
Pearson Phyllis $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parham Reginald $124,000
Previous Owner Pearson Phyllis $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2013 08/29/13 Sold $37,700 -5.8% $24 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $40,000 -- $25 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,848 $165,000 $55,000 $110,000
2024 $1,848 $154,000 $45,000 $109,000
2023 $1,596 $133,000 $36,000 $97,000
2022 $1,380 $115,000 $36,000 $79,000
2020 $948 $79,000 $15,000 $64,000
2019 $792 $66,000 $10,000 $56,000
2018 $732 $61,000 $10,000 $51,000
2017 $732 $61,000 $10,000 $51,000
2016 $732 $61,000 $10,000 $51,000
2015 $732 $61,000 $10,000 $51,000
2014 $732 $61,000 $10,000 $51,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1316228

Central Virginia Regional MLS

APN: S000-0542-024

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