Seller's Agent in 2023
Max Williams
United Real Estate Richmond
(804) 402-7788
2 in this area
114 Total Sales
1123 E 16th St Richmond, VA 23224
Oak Grove NeighborhoodEstimated Value: $164,000 - $219,000
3
Beds
1
Bath
1,141
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Central Air
- Heat Pump System
- Open High School Rated A+
- Property is Fully Fenced
- 1-Story Property
About This Home
As of February 2023Charming 3 bedroom 1 bath Cape Cod style home located in S. Richmond VA and is ready for an investor to finish a partially completed addition. This home is habitable but will require cash or a renovation loan. The detailed walk through video will provide plenty of useful information. PRICED TO SELL ! ! !
Last Agent to Sell the Property
United Real Estate Richmond License #0225101432 Listed on: 02/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,644
Year Built
- Built in 1947
Lot Details
- 5,349 Sq Ft Lot
- Property is Fully Fenced
- Zoning described as R-5
Parking
- On-Street Parking
Home Design
- Cape Cod Architecture
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,141 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Blackwell Elementary School
- Thompson Middle School
- Armstrong High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number S000-0639-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2023
Closed on
Feb 21, 2023
Sold by
Walker Tracey A
Bought by
Funes Manuel Emilio and Joya Alejandro Manuel
Seller's Agent
Max Williams
United Real Estate Richmond
Buyer's Agent
Jessica Cousins
The Wilson Group
List Price
$95,000
Sold Price
$136,000
Premium/Discount to List
$41,000
43.16%
Views
29
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
$64,087
Avg. Annual Appreciation
15.50%
Purchase Details
Listed on
Mar 14, 2017
Closed on
Jun 5, 2017
Sold by
Federal National Mortgage Association
Bought by
Walker Tracey A
Seller's Agent
Trina Jones
Teammates In Real Estate Inc
Buyer's Agent
Max Williams
United Real Estate Richmond
List Price
$89,500
Sold Price
$89,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$87,878
Interest Rate
3.97%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 15, 2016
Sold by
Lee Letitia
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 15, 2007
Sold by
Bradford Tracy G
Bought by
Lee Letitia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,949
Interest Rate
6.23%
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 |
|---|---|---|---|
| Funes Manuel Emilio | $136,000 | Old Republic National Title | |
| Walker Tracey A | $89,500 | Attorney | |
| Federal National Mortgage Association | $79,460 | Visionet Systems Inc | |
| Lee Letitia | $124,950 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Walker Tracey A | $87,878 | |
| Previous Owner | Lee Letitia | $99,949 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/23/2023 02/23/23 | Sold | $136,000 | +43.2% | $119 / Sq Ft | |
| 02/07/2023 02/07/23 | Pending | -- | -- | -- | |
| 02/03/2023 02/03/23 | For Sale | $95,000 | +6.1% | $83 / Sq Ft | |
| 06/05/2017 06/05/17 | Sold | $89,500 | 0.0% | $78 / Sq Ft | View Prior Sale |
| 04/21/2017 04/21/17 | Pending | -- | -- | -- | |
| 03/14/2017 03/14/17 | For Sale | $89,500 | -- | $78 / 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 | $2,112 | $176,000 | $55,000 | $121,000 |
| 2024 | $1,980 | $165,000 | $45,000 | $120,000 |
| 2023 | $1,932 | $161,000 | $36,000 | $125,000 |
| 2022 | $1,644 | $137,000 | $36,000 | $101,000 |
| 2021 | $1,164 | $108,000 | $20,000 | $88,000 |
| 2020 | $1,164 | $97,000 | $20,000 | $77,000 |
| 2019 | $840 | $70,000 | $10,000 | $60,000 |
| 2018 | $708 | $59,000 | $10,000 | $49,000 |
| 2017 | $708 | $59,000 | $10,000 | $49,000 |
| 2016 | $708 | $59,000 | $10,000 | $49,000 |
| 2015 | $696 | $59,000 | $10,000 | $49,000 |
| 2014 | $696 | $58,000 | $10,000 | $48,000 |
Source: Public Records
Agents Affiliated with this Home
-
Max Williams
-
Jessica Cousins
Buyer's Agent in 2023
Jessica Cousins
The Wilson Group
(804) 920-5261
7 in this area
55 Total Sales
-
Trina Jones
Seller's Agent in 2017
Trina Jones
Teammates In Real Estate Inc
1 in this area
36 Total Sales
-
M
Seller Co-Listing Agent in 2017
Michael Henry
Samson Properties
Map
Source: Central Virginia Regional MLS
MLS Number: 2302540
APN: S000-0639-016
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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