NOT LISTED FOR SALE

1105 Micheline Terrace Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $293,000 - $348,000

3 Beds
1 Bath
1,512 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $119,900 $79 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $1,834/month

About This Home

As of March 2015

PRICED BELOW ASSESSMENT. This 3 bedroom, 1.1 bath 2-story, colonial features a living, dining & family rooms, kitchen, utility room, rear deck and fenced rear yard. Needs some TLC. NO REPAIRS. Inspections (including termite) for info only & at Buyer's expense. Seller Addendum will be required. Sample attached for info only. Actual Addendum will be issued by Seller upon offer acceptance.

Last Agent to Sell the Property

Andrew Bernstein

RE/MAX Commonwealth License #0225025708 Listed on: 01/03/2015

RE/MAX Commonwealth

Last Buyer's Agent

Phyllis Smith

United Real Estate Richmond License #0225195981

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,145

Year Built

  • 1989

Lot Details

  • 8,276

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 2 Levels
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 811-729-1265

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,145

Year Built

1989

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 79.30
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Number of Rooms: 8
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Crawl Space
  • Attic: Access Panel
  • Number Of Levels: 2.00

Exterior Features

  • Fence: Rear Only
  • Porch: Deck, Rear
  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Parking: Paved Driveway

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Zoning: R-4
  • Lot: 160
  • Parcel Number: 811-729-1265

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2015
Closed on
Feb 25, 2015
Sold by
Deutsche Bank National Trust C
Bought by
Johnson Shawnika
Seller's Agent
Andrew Bernstein
RE/MAX Commonwealth
Buyer's Agent
Phyllis Smith
United Real Estate Richmond
List Price
$129,900
Sold Price
$119,900
Premium/Discount to List
-$10,000
-7.7%
Current Estimated Value
$316,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,198
Avg. Annual Appreciation
9.58%
Original Mortgage
$117,727
Outstanding Balance
$92,501
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$223,597

Purchase Details

Closed on
Oct 22, 2014
Sold by
Wittstadt Ti And Esc Co Sub Tr
Bought by
Deutsche Bank National Trust C

Purchase Details

Closed on
May 12, 2006
Sold by
Ford Bernard D
Bought by
Lewis Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2006
Sold by
Jackson Rodney L
Bought by
Ford Bernard D

Purchase Details

Closed on
Oct 10, 1997
Sold by
Johnson Oliver W and Johnson R
Bought by
Jackson Rodney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Johnson Shawnika $119,900 --
Deutsche Bank National Trust C $115,986 --
Lewis Michael L $185,000 --
Ford Bernard D $145,000 --
Jackson Rodney L $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Shawnika $117,727
Previous Owner Lewis Michael L $148,000
Previous Owner Jackson Rodney L $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2015 03/26/15 Sold $119,900 -7.7% $79 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
01/03/2015 01/03/15 For Sale $129,900 -- $86 / 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
2025 $2,145 $266,900 $42,000 $224,900
2024 $2,145 $246,700 $42,000 $204,700
2023 $2,097 $246,700 $42,000 $204,700
2022 $1,736 $204,200 $42,000 $162,200
2021 $1,485 $152,400 $34,000 $118,400
2020 $1,326 $152,400 $34,000 $118,400
2019 $1,321 $151,800 $34,000 $117,800
2018 $1,282 $147,300 $34,000 $113,300
2017 $1,208 $138,800 $30,000 $108,800
2016 $1,168 $134,200 $30,000 $104,200
2015 $1,168 $134,200 $30,000 $104,200
2014 $1,168 $134,200 $30,000 $104,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1500248

Central Virginia Regional MLS

APN: 811-729-1265