Seller's Agent in 2019
Jared Davis
EXP Realty LLC
(804) 536-6100
676 Total Sales
1018 W 48th St Richmond, VA 23225
Forest Hill NeighborhoodEstimated Value: $482,000 - $604,672
5
Beds
3
Baths
2,352
Sq Ft
$231/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Rear Porch
- Open High School Rated A+
- Granite Countertops
- Walk-In Closet
About This Home
As of October 2019Turn key renovation in the highly desirable Westover Hills area. Just minutes from Forest Hill Park and the South of the James Farmers market. Walking distance to Little Nickel and other Forest Hill hot spots. This home boasts and spacious first floor bedroom with private bath and walk in closet. The home has 3 other bedrooms and another full bath on the first floor as well as another full bath in the basement with bedroom, family room, and kitchen. You can also close off the basement from the first floor making it perfect for an Air BNB! Home features recessed lighting in the master bedroom, first floor living room, and kitchen as well as in the downstairs living room and bedroom. New tile in all three bathrooms. Luxury Vinyl Plank floors in the basement and refinished hardwoods, new carpet, and tile on the first floor. Gorgeous custom kitchen featuring easy shut drawers, upper end white stone countertops, and stainless appliances. Vinyl Siding, vinyl windows, refreshed deck, and a brand new roof are some of the exterior features along with a fully fenced in back yard.
Last Agent to Sell the Property
EXP Realty LLC License #0225210738 Listed on: 08/13/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,856
Year Built
- Built in 1950
Lot Details
- 10,385 Sq Ft Lot
- Privacy Fence
- Back Yard Fenced
- Zoning described as R-5
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,352 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace Features Masonry
Kitchen
- Stove
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Partially Carpeted
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
Parking
- No Garage
- On-Street Parking
Outdoor Features
- Deck
- Rear Porch
Schools
- Westover Hills Elementary School
- Thompson Middle School
- Huguenot High School
Utilities
- Cooling Available
- Heat Pump System
- Water Heater
Community Details
- Forest Hill Terrace Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number S006-0371-003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2019
Closed on
Oct 14, 2019
Sold by
Transform Va Llc
Bought by
Gilliam Alexander K
Seller's Agent
Jared Davis
EXP Realty LLC
Buyer's Agent
Sherry Gilliam
Shaheen Ruth Martin & Fonville
List Price
$325,000
Sold Price
$319,000
Premium/Discount to List
-$6,000
-1.85%
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
$225,418
Avg. Annual Appreciation
9.55%
Original Mortgage
$309,430
Outstanding Balance
$272,269
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$272,149
Purchase Details
Closed on
Apr 1, 2019
Sold by
Williams Loretta A
Bought by
Transform Va Llc and The 1018 W 48Th Street Land Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 3, 2001
Bought by
Williams Loretta A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
7.69%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gilliam Alexander K | $319,000 | Attorney | |
| Transform Va Llc | $157,000 | Attorney | |
| Williams Loretta A | $82,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gilliam Alexander K | $309,430 | |
| Previous Owner | Transform Va Llc | $245,000 | |
| Previous Owner | Williams Loretta A | $75,000 | |
| Previous Owner | Williams Loretta A | $14,800 | |
| Previous Owner | Williams Loretta A | $77,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2019 10/25/19 | Sold | $319,000 | +1.3% | $136 / Sq Ft |
| 09/09/2019 09/09/19 | Pending | -- | -- | -- |
| 09/02/2019 09/02/19 | Price Changed | $315,000 | -3.1% | $134 / Sq Ft |
| 08/13/2019 08/13/19 | For Sale | $325,000 | -- | $138 / 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 |
|---|---|---|---|---|
| 2025 | $5,940 | $495,000 | $92,000 | $403,000 |
| 2024 | $5,604 | $467,000 | $92,000 | $375,000 |
| 2023 | $4,932 | $411,000 | $92,000 | $319,000 |
| 2022 | $4,248 | $354,000 | $77,000 | $277,000 |
| 2021 | $3,612 | $309,000 | $70,000 | $239,000 |
| 2020 | $3,612 | $301,000 | $70,000 | $231,000 |
| 2019 | $2,856 | $238,000 | $70,000 | $168,000 |
| 2018 | $2,442 | $211,000 | $70,000 | $141,000 |
| 2017 | $2,508 | $209,000 | $70,000 | $139,000 |
| 2016 | $2,081 | $196,000 | $47,000 | $149,000 |
| 2015 | $1,852 | $192,000 | $47,000 | $145,000 |
| 2014 | $1,852 | $192,000 | $47,000 | $145,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jared Davis
-
Sherry Gilliam
Buyer's Agent in 2019
Sherry Gilliam
Shaheen Ruth Martin & Fonville
(804) 305-0662
90 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 1926856
APN: S006-0371-003
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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