1001 Terrace Ave Hopewell, VA 23860
2
Beds
2
Baths
1,064
Sq Ft
0.27
Acres
Highlights
- Forced Air Heating System
- Partially Fenced Property
- 1-Story Property
- Partially Carpeted
About This Home
As of March 2025Fantastic opportunity to own in the City of Hopewell with this 2 bedroom/2 full bath rancher-style home. Property is primed for the next owner to make it their own. Property is zoned B-4 and appears to be used as a residence for its' prior use (buyer to verify). Inside offers a kitchen, living room, dining room/office area, 2 bedrooms with the primary bedroom having its' own bathroom. Outside offers a covered porch area. Priced over $23k less than it's 2023 assessment - this property is a bargain. Schedule your showing today before this one is SOLD!
Last Agent to Sell the Property
804 Real Estate, LLC License #0225177324 Listed on: 06/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,392
Year Built
- Built in 1953
Lot Details
- 0.27 Acre Lot
- Partially Fenced Property
- Privacy Fence
- Zoning described as B4
Home Design
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,064 Sq Ft Home
- 1-Story Property
- Crawl Space
Flooring
- Partially Carpeted
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- Driveway
- Unpaved Parking
- Off-Street Parking
Schools
- Woodlawn Elementary School
- Carter G. Woodson Middle School
- Hopewell High School
Utilities
- No Cooling
- Forced Air Heating System
- Water Heater
Listing and Financial Details
- REO, home is currently bank or lender owned
- Tax Lot 3
- Assessor Parcel Number 047-0065
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2024
Closed on
Aug 15, 2024
Sold by
Cascade Funding Mortgage Trust Hb13
Bought by
Santos Armando San Jose Est
Seller's Agent
Kevin Randesi
804 Real Estate, LLC
Buyer's Agent
Ricky Delgado
EXP Realty LLC
List Price
$97,000
Sold Price
$97,000
Views
95
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,475
Avg. Annual Appreciation
191.80%
Purchase Details
Closed on
Jul 10, 2024
Sold by
Professional Foreclosure Corporation Of
Bought by
Hb2 Alternative Holdings Llc
Similar Home in Hopewell, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $97,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Trustee Deed | $149,155 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $141,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | Sold | $240,000 | 0.0% | $235 / Sq Ft |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $240,000 | +147.4% | $235 / Sq Ft |
| 09/30/2024 09/30/24 | Sold | $97,000 | 0.0% | $91 / Sq Ft |
| 07/15/2024 07/15/24 | Pending | -- | -- | -- |
| 06/24/2024 06/24/24 | For Sale | $97,000 | -- | $91 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $1,441 | $123,200 | $76,500 | $46,700 |
| 2023 | $1,392 | $123,200 | $76,500 | $46,700 |
| 2022 | $1,368 | $121,100 | $76,500 | $44,600 |
| 2021 | $1,368 | $121,100 | $76,500 | $44,600 |
| 2020 | $1,315 | $116,400 | $76,500 | $39,900 |
| 2019 | $658 | $116,400 | $76,500 | $39,900 |
| 2018 | $658 | $116,400 | $76,500 | $39,900 |
| 2017 | $658 | $116,400 | $76,500 | $39,900 |
| 2016 | $693 | $122,600 | $55,000 | $67,600 |
| 2015 | -- | $122,600 | $55,000 | $67,600 |
| 2014 | $2,041 | $122,600 | $55,000 | $67,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ricky Delgado
Seller's Agent in 2025
Ricky Delgado
EXP Realty LLC
(804) 621-7150
17 in this area
169 Total Sales
-
Justin Ellis
Buyer's Agent in 2025
Justin Ellis
Real Broker LLC
(804) 937-0539
4 in this area
65 Total Sales
-
Kevin Randesi
Seller's Agent in 2024
Kevin Randesi
804 Real Estate, LLC
(804) 683-4042
5 in this area
98 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2416449
APN: 047-0065
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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