NOT LISTED FOR SALE

1187 New Market Rd Henrico, VA 23231

Varina Neighborhood

Estimated Value: $310,000 - $342,000

4 Beds
2 Baths
1,860 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $208,000 $112 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,914/month

4 Days on Market

Highlights

  • 0.94 Acre Lot
  • Cooling Available
  • Carpet
  • Deck
  • Patio
  • Heat Pump System

About This Home

As of May 2020

Welcome to 1187 New Market Rd! Located just moments from downtown Richmond, this home could not be more perfectly placed. With Rocketts Landing and the James River only moments away, shopping and entertainment around the corner, this home places you in the heart of Richmond. With Springtime weather and extended time at home, there is no better time than now to be within walking distance from the VA Capital Trail!

Besides location, this split level home boasts 4 spacious bedrooms, 2 full baths, and room to entertain! The back yard is an entertainers dream, with a two level deck and enough yard space for the entire family. Bring your buyers and check it out! This one won’t last long.

Last Agent to Sell the Property

Taylor Parks

Real Broker LLC License #0225238520 Listed on: 04/07/2020

Real Broker LLC

Last Buyer's Agent

Adeline Lambert

The Wilson Group License #0225222683

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 2003

Lot Details

  • 0.94 Acre Lot
  • Zoning described as R3

Parking

  • No Garage

Home Design

  • Split Foyer
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Baker Elementary School
  • Rolfe Middle School
  • Varina High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 801-702-7984

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,459

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Property Attached Yn: No
  • Lot Size Acres: 0.944
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story, Split-Foyer
  • Garage Yn: No
  • Unit Levels: Two, Multi/Split
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1860.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Rolfe

Lot Info

  • Parcel Number: 801-702-7984
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1459.0

MLS Schools

  • Elementary School: Baker
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
May 21, 2020
Sold by
Jeffress Joel J and Jeffress Nicole D
Bought by
Inocencio Kevin
Seller's Agent
Taylor Parks
Real Broker LLC
Buyer's Agent
Adeline Lambert
The Wilson Group
List Price
$210,000
Sold Price
$208,000
Premium/Discount to List
-$2,000
-0.95%
Current Estimated Value
$324,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,239
Avg. Annual Appreciation
9.45%
Original Mortgage
$204,232
Outstanding Balance
$182,554
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$151,354

Purchase Details

Closed on
Nov 20, 2003
Sold by
Davis Charles
Bought by
Jeffries Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,686
Interest Rate
5.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Inocencio Kevin $208,000 Frontier Title Ii Llc
Jeffries Joel $155,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inocencio Kevin $204,232
Previous Owner Jeffress Nicole D $184,437
Previous Owner Jeffress Joel J $188,975
Previous Owner Jeffries Joel $154,686
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $208,000 -1.0% $112 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $210,000 -- $113 / 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 $2,327 $261,700 $47,000 $214,700
2024 $2,327 $246,000 $45,000 $201,000
2023 $2,155 $253,500 $45,000 $208,500
2022 $1,961 $230,700 $43,000 $187,700
2021 $1,742 $175,100 $43,000 $132,100
2020 $1,523 $175,100 $43,000 $132,100
2019 $1,459 $167,700 $43,000 $124,700
2018 $1,395 $160,300 $43,000 $117,300
2017 $1,305 $150,000 $43,000 $107,000
2016 $1,244 $143,000 $43,000 $100,000
2015 $1,163 $137,300 $43,000 $94,300
2014 $1,163 $133,700 $43,600 $90,100
Source: Public Records

Agents Affiliated with this Home

  • Taylor Parks

    Seller's Agent in 2020

    Taylor Parks

    Real Broker LLC

    (804) 402-0806

    2 in this area

    65 Total Sales

    Taylor Parks
    Section Image
  • Adeline Lambert

    Buyer's Agent in 2020

    Adeline Lambert

    The Wilson Group

    (804) 601-0695

    3 in this area

    80 Total Sales

    Adeline Lambert
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2010918

Central Virginia Regional MLS

APN: 801-702-7984

Virginia Henrico County Henrico 23231 Varina

1187 New Market Rd, Henrico, VA

This home is located at 1187 New Market Rd, Henrico, VA 23231 since 07 April 2020 and is currently estimated at $324,239, approximately $174 per square foot. This property was built in 2003. 1187 New Market Rd is a home located in Henrico County with nearby schools including Mehfoud Elementary School, Varina Elementary, and John Rolfe Middle 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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