$240,000
SOLD MAR 26, 2025

1001 Terrace Ave Hopewell, VA 23860

3 Beds
2 Baths
1,020 Sq Ft
0.27 Acres

Recently Sold

$235 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Thermal Windows
  • Corner Lot
  • Cottage
  • Leaded Glass Windows

About This Home

As of March 2025

Welcome home to this one level bungalow style home on over a quarter of an acre fenced in lot. This home features three bright bedrooms all on one level! It exhibits flawless craftsmanship and attention to detail. Easy access to Route 10 and I-295. Centrally located makes for a quick access into Richmond, Chester and Prince George. Nearby Fort Gregg-Adams and just a few minutes from Tri-Cities Hospital. Near a plethora of restaurants, shopping and services. This gorgeous home features comfortable floor plan design and detail. Walk into bright spaces with tall windows all around. Wood floors and luxury vinyl plank throughout. Kitchen features tile backsplash, granite countertops & appliances are included. Remodeled two full bathrooms. Dedicated laundry closet. Huge outdoor entertainment space with a rear wooden stoop and front porch. New roof, brand new HVAC. Huge attached storage space with concrete flooring. Minutes from Hopewell City Riverwalk, Hopewell Marina, restaurants, and more. This home is a cutie!

Last Agent to Sell the Property

Ricky Delgado

EXP Realty LLC License #0225234709 Listed on: 02/20/2025

EXP Realty LLC

Last Buyer's Agent

Justin Ellis

Real Broker LLC License #0225224563

Real Broker LLC

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
  • Corner Lot
  • Level Lot
  • Zoning described as B4

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Self Contained Fireplace Unit Or Insert
  • Electric Fireplace
  • Thermal Windows
  • Leaded Glass Windows
  • Insulated Doors
  • Dining Area
  • Stacked Washer and Dryer

Kitchen

  • <<OvenToken>>
  • Electric Cooktop
  • Stove
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Sump Pump
  • Crawl Space

Parking

  • Oversized Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Porch

Schools

  • Woodlawn Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Hopewell Terrace Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 047-0065

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1953
  • Property Attached Yn: No
  • Lot Size Acres: 0.27
  • Ownership: Individuals
  • Subdivision Name: Hopewell Terrace
  • Above Grade Finished Sq Ft: 1020.0
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space, Sump Pump
  • Appliances: Dishwasher, Electric Cooking, Microwave, Oven, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Insulated Doors
  • Fireplace Features: Electric, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Dining Area, Fireplace, Granite Counters, Main Level Primary, Recessed Lighting, Solar Tube(s)
  • Living Area: 1020.0
  • Stories: 1
  • Window Features: Leaded Glass, Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Partial, Privacy
  • Lot Features: Corner Lot, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Drywall, Frame, Vinyl Siding
  • Exterior Features: Lighting, Porch, Storage
  • Patio And Porch Features: Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, Oversized

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Topography: Level
  • Parcel Number: 047-0065
  • Zoning Description: B4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1392.16
  • Tax Lot: 3

MLS Schools

  • Elementary School: Woodlawn
  • High School: Hopewell

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
$228,475

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Public Records

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

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Map

Source: Central Virginia Regional MLS

MLS Number: 2504225

Central Virginia Regional MLS

APN: 047-0065