NOT LISTED FOR SALE

1206 Lake Ave Richmond, VA 23226

Willow Lawn Neighborhood

Estimated Value: $785,729 - $965,000

5 Beds
3.5 Baths
4,180 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $405,000 $97 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,000/month

31 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Bedroom
  • Double Oven
  • Douglas S. Freeman High School Rated A-
  • High Ceiling
  • Front Porch

About This Home

As of December 2015

One of a kind custom-built, all brick home. A unique home in Near West-End location. Super close to shopping & St. Mary's Hospital. Terrific flow,well designed for entertaining & day to day living. Private areas for all age groups. A multiple-level home w/main living areas all on 1st level. Adjacent Living & Dining Rooms are open w/Living Rm elevated;both have massive full wall 6' windows. Living Rm has 9' ceiling. Kitchen is well designed w/island w/storage, SS appliances, large eat-in area, loads of cabinets w/pull out shelves, tile flooring, 3 pocket doors w/access to Fam. Rm, Din. Rm, Bsmt & Laundry Rm plus to exterior covered 15'x12' porch. Family Rm is warm & inviting w/large furniture-like built-in, large guest closet, brick (gas log) fireplace & slider to 34'x25' flagstone patio. 1st level also has bedroom w/bath, formal Powder Rm & large walk-in storage closet. Bedrms are generously sized.Large hallway linen closet. 3rd level baths are good sized & tile floored. 1st offering of this builder built & owned home. Well maintained since inception.Great Bones & Great Opportunity for new Owner to Update & Personalize. Seller offering $10,000 closing cost credit toward updating.

Last Agent to Sell the Property

Allen Mollen

Long & Foster REALTORS License #0225032864 Listed on: 10/21/2015

Long & Foster REALTORS

Last Buyer's Agent

Karen Berkness

The Steele Group License #0225042448

The Steele Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 1963

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x146x104x146
  • Level Lot
  • Sprinkler System
  • Zoning described as R-3

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,180 Sq Ft Home
  • 3-Story Property
  • Wired For Data
  • Built-In Features
  • Bookcases
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Home Security

  • Home Security System
  • Storm Doors

Parking

  • No Garage
  • Oversized Parking
  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Front Porch

Schools

  • Crestview Elementary School
  • Tuckahoe Middle School
  • Freeman High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • High Speed Internet

Community Details

  • Monumental Floral Gardens Subdivision

Listing and Financial Details

  • Exclusions: Refrigex2,W&D,Freezr
  • Tax Lot 4
  • Assessor Parcel Number 770-738-8603

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,663

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1963
  • Property Attached Yn: No
  • Lot Size Acres: 0.3398
  • Lot Size: 100x146x104x146
  • Exclusions: Refrigex2,W&D,Freezr
  • Ownership: Estate
  • Subdivision Name: Monumental Floral Gardens
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Carpet, Linoleum, Tile
  • Basement: Crawl Space, Full, Finished, Sump Pump
  • Appliances: Double Oven, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Stove, Water Heater
  • Accessibility Features: Accessible Full Bath, Accessible Bedroom, Accessible Kitchen
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Bath in Primary Bedroom, Recessed Lighting, Wired for Data, Walk-In Closet(s), Paneling/Wainscoting
  • Living Area: 4180.0
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition, Flat
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall
  • Exterior Features: Sprinkler/Irrigation, Lighting, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Front Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, No Garage, Oversized, Paved

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)

Schools

  • Middle Or Junior School: Tuckahoe

Lot Info

  • Parcel Number: 770-738-8603
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2663.07
  • Tax Lot: 4

MLS Schools

  • Elementary School: Crestview
  • High School: Freeman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2022
Sold by
Musarra Salvatore J
Bought by
Salvatore James Musarra Revocable Living Trus and Lucy Acera Musarra Revocable Living Trust
Current Estimated Value
$862,182

Purchase Details

Listed on
Oct 21, 2015
Closed on
Dec 28, 2015
Sold by
The Revocable Delcaration Of Trust Of Ja
Bought by
Musarra Salvatore J and Musarra Lucy A
Seller's Agent
Allen Mollen
Long & Foster REALTORS
Buyer's Agent
Karen Berkness
The Steele Group
List Price
$449,000
Sold Price
$405,000
Premium/Discount to List
-$44,000
-9.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$165,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Salvatore James Musarra Revocable Living Trus -- None Listed On Document
Musarra Salvatore J $405,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musarra Salvatore J $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $405,000 -9.8% $97 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
10/21/2015 10/21/15 For Sale $449,000 -- $107 / 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 $5,582 $630,500 $143,800 $486,700
2024 $5,582 $594,400 $143,800 $450,600
2023 $5,052 $594,400 $143,800 $450,600
2022 $4,495 $554,900 $126,500 $428,400
2021 $4,357 $468,000 $103,500 $364,500
2020 $4,072 $468,000 $103,500 $364,500
2019 $3,979 $457,400 $103,500 $353,900
2018 $3,947 $453,700 $103,500 $350,200
2017 $3,563 $409,500 $86,300 $323,200
2016 $2,707 $311,100 $70,000 $241,100
2015 $1,274 $306,100 $65,000 $241,100
2014 $1,274 $292,800 $65,000 $227,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Allen Mollen

    Long & Foster

    Section Image
  • Karen Berkness

    Buyer's Agent in 2015

    Karen Berkness

    The Steele Group

    (804) 513-0995

    79 Total Sales

    Karen Berkness
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1527438

Central Virginia Regional MLS

APN: 770-738-8603

Virginia Henrico County Richmond 23226 Willow Lawn

1206 Lake Ave, Richmond, VA

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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