NOT LISTED FOR SALE

Estimated Value: $565,000 - $633,000

3 Beds
2 Baths
1,575 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $502,000 $319 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,650/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • High Ceiling
  • Open High School Rated A+
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of June 2022

Welcome to 1218 Lorraine Avenue! All the Bellevue charm you want, but with modern updates to all the systems, baths, and kitchen. This truly is a storybook brick and slate Cape located on a fantastic block in one of the best neighborhoods Richmond has to offer. The 1930's charm includes hardwood floors throughout, a wood burning FP, original hardware, & picture moldings. As you enter the arched front door, you have a small foyer with a mirrored archway leading to the spacious and bright living room. The dining room includes built-ins along the back wall and large windows overlooking the backyard. The rest of the downstairs contains a renovated kitchen with granite and SS appliances, two large bedrooms downstairs, and a full bath renovated in 2020. Upstairs you will find the Primary Suite with natural light, a full bath, and a closet. Other features of the home include a screened in side porch, partial walk-out basement, stamped concrete rear patio with built-in seating and a firepit. Fully fenced and level back yard and a detached shed for extra storage. A few blocks from the shopping and restaurants on Bellevue and MacArthur, as well as the Saturday farmer's market at Bryan Park.

Last Agent to Sell the Property

Casey Smith

The Steele Group License #0225183573 Listed on: 05/24/2022

The Steele Group

Last Buyer's Agent

Luke Catron

Samson Properties License #0225205483

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1938

Lot Details

  • 7,000 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R-5

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 1,575 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Wood Burning Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Patio
  • Side Porch

Schools

  • Holton Elementary School
  • Henderson Middle School
  • John Marshall High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Bellevue Court Subdivision

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number N017-0184-031

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1938
  • Property Attached Yn: No
  • Lot Size Acres: 0.1607
  • Ownership: Individuals
  • Subdivision Name: Bellevue Court
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1037.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Partial, Walk-Out Access
  • Appliances: Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Dining Area, Granite Counters, High Ceilings
  • Living Area: 1575.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Mixed
  • Patio And Porch Features: Patio, Side Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Heating: Electric, Heat Pump, Natural Gas, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N017-0184-031
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4272.0
  • Tax Lot: 31

MLS Schools

  • Elementary School: Holton
  • High School: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 14, 2022
Sold by
Butler Michael A and Butler Selma
Bought by
Woon Julie Etjse and Oneill Michael Thomas
Seller's Agent
Casey Smith
The Steele Group
Buyer's Agent
Luke Catron
Samson Properties
List Price
$399,000
Sold Price
$502,000
Premium/Discount to List
$103,000
25.81%
Current Estimated Value
$578,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,465
Avg. Annual Appreciation
3.17%
Original Mortgage
$388,000
Outstanding Balance
$371,779
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$182,280

Purchase Details

Listed on
Oct 30, 2013
Closed on
Dec 30, 2013
Sold by
Brehony Matthew C
Bought by
Butler Michael A and Zlatarevic Selma
Seller's Agent
Jennie Barrett Shaw
The Steele Group
Buyer's Agent
Kong Nou
The Steele Group
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$273,946
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2010
Sold by
Keiser Duane P
Bought by
Brehony Matthew C and Bredimus Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
4.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Woon Julie Etjse $502,000 Old Republic National Title
Butler Michael A $279,000 --
Brehony Matthew C $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woon Julie Etjse $388,000
Previous Owner Butler Michael A $263,000
Previous Owner Butler Michael A $273,946
Previous Owner Brehony Matthew C $230,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $502,000 +25.8% $319 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $399,000 +43.0% $253 / Sq Ft
01/03/2014 01/03/14 Sold $279,000 0.0% $177 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $279,000 -- $177 / 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 $5,988 $499,000 $105,000 $394,000
2024 $5,700 $475,000 $90,000 $385,000
2023 $5,700 $475,000 $90,000 $385,000
2022 $4,464 $372,000 $75,000 $297,000
2021 $4,212 $356,000 $68,000 $288,000
2020 $4,212 $351,000 $65,000 $286,000
2019 $4,008 $334,000 $65,000 $269,000
2018 $3,804 $317,000 $65,000 $252,000
2017 $3,636 $303,000 $60,000 $243,000
2016 $3,360 $280,000 $55,000 $225,000
2015 $1,302 $272,000 $55,000 $217,000
2014 $1,302 $217,000 $55,000 $162,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2214071

Central Virginia Regional MLS

APN: N017-0184-031