NOT LISTED FOR SALE

1120 E 16th St Richmond, VA 23224

Oak Grove Neighborhood

Estimated Value: $207,000 - $241,000

4 Beds
1 Bath
1,021 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $34,110 $33 Per Sq Ft

Est. 539% increase in value since last sale

Current estimated payment $1,292/month

About This Home

As of October 2013

Charming cape perfect for investor or first-time buyer! A lot of house for an affordable price. Larger lot, and full basement for additional space. Don't miss this one! This is a Fannie Mae HomePath property. Purchase this property for as little as 3 percent down! This property is approved for HomePath Renovation Mortgage Financing

Last Agent to Sell the Property

Joey Schlager

Pirch Real Estate LLC License #0225228321 Listed on: 09/18/2013

Last Buyer's Agent

Stitch Saunders

Lando Massey Real Estate License #0225193079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,788

Year Built

  • 1948

Lot Details

  • 4,792

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number S0000638011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,788

Year Built

1948

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 33.41
  • Finished Sq Ft: 1021
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Number of Rooms: 7
  • Total Bedrooms: 4
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Basement-Full
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Frontage Road: 50
  • Roof: Composition
  • Siding: Shingle

Schools

  • Elementary School: Blackwell
  • Middle School: Boushall
  • High School: Wythe

Lot Info

  • Zoning: R-5 Single Family
  • Parcel Number: S0000638011

Multi Family

  • Attachment Count: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
Oct 29, 2013
Sold by
Federal National Mortgage Association
Bought by
Brown Walter
Seller's Agent
Joey Schlager
Pirch Real Estate LLC
Buyer's Agent
Stitch Saunders
Lando Massey Real Estate
List Price
$31,900
Sold Price
$34,110
Premium/Discount to List
$2,210
6.93%
Current Estimated Value
$217,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,793
Avg. Annual Appreciation
16.71%

Purchase Details

Closed on
Feb 10, 2012
Sold by
F And M Services Lc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 2, 2007
Sold by
Kennedy David
Bought by
Jackson Jerome A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 27, 1998
Sold by
Dunk Jerry L and Dunk Linda E
Bought by
Dunk Jerry L and Dunk Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.11%
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
Brown Walter $34,110 --
Federal National Mortgage Association $106,270 --
Jackson Jerome A $87,000 --
Dunk Jerry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Jerome A $102,000
Previous Owner Dunk Jerry L $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $34,110 +6.9% $33 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $31,900 -- $31 / 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 $1,788 $149,000 $55,000 $94,000
2024 $1,668 $139,000 $45,000 $94,000
2023 $1,428 $119,000 $36,000 $83,000
2022 $1,248 $104,000 $36,000 $68,000
2021 $900 $82,000 $20,000 $62,000
2020 $900 $75,000 $20,000 $55,000
2019 $468 $58,000 $10,000 $48,000
2018 $454 $54,000 $10,000 $44,000
2017 $648 $54,000 $10,000 $44,000
2016 $648 $54,000 $10,000 $44,000
2015 $324 $54,000 $10,000 $44,000
2014 $324 $54,000 $10,000 $44,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joey Schlager

    Pirch Real Estate LLC

    Section Image

  • S

    Buyer's Agent in 2013

    Stitch Saunders

    Lando Massey Real Estate

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1324567

Central Virginia Regional MLS

APN: S000-0638-011

Virginia Richmond City County Richmond 23224 Oak Grove

1120 E 16th St, Richmond, VA

This home is located at 1120 E 16th St, Richmond, VA 23224 since 18 September 2013 and is currently estimated at $217,903, approximately $213 per square foot. This property was built in 1948. 1120 E 16th St is a home located in Richmond City with nearby schools including Blackwell Elementary School, Open High School, and Armstrong High School.

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.

Central Virginia Regional MLS 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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