NOT LISTED FOR SALE

123 S Colonial Ave Richmond, VA 23221

Carytown Neighborhood

Estimated Value: $723,283 - $836,000

3 Beds
4 Baths
2,414 Sq Ft
$326/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $515,000 $213 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,879/month

6 Days on Market

Highlights

  • Custom Home
  • Fruit Trees
  • Wood Flooring
  • Open High School Rated A+
  • Cathedral Ceiling
  • 4 Fireplaces

About This Home

As of October 2020

Located in Careytown! A must see! Enjoy an elegant warm old world feeling with all the comforts of new world convenience in this beautifully renovated home. From the inviting front porch, you enter the Living Room that leads you into the Morning Room/Dining Room, w/ exposed brick area to the Renovated Kitchen that features granite counter tops with extended granite bar seating, plenty of cabinetry, shelving, Stainless Steel appliances, exposed brick & transom window. On the 2nd floor, you will find an incredible Master Bedroom that features cathedral ceiling, gas fireplace & walk-in-closet. The 2nd bedroom features a walk in closet & private balcony overlooking the back yard area. The 2nd floor also features an upstairs loft with bay window and another gas fireplace featuring the original mantels throughout. The 2nd floor bathroom has been newly renovated, featuring an over sized glassed encased shower, new fixtures & new ceramic flooring. The basement contains an office/3rd bedroom w/ closet and newly renovated full bath & access into the utility room. The home has hardwood flooring, plantation shutters throughout, new windows & New Roof (with Warranty) 2 private parking spaces

Last Agent to Sell the Property

Julia Burch

Coldwell Banker Prime License #0225099848 Listed on: 09/08/2020

Coldwell Banker Prime

Last Buyer's Agent

Tara Kelley

Keller Williams Realty License #0225087464

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,004

Year Built

  • Built in 1919 | Remodeled

Lot Details

  • 3,106 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Fruit Trees
  • Zoning described as R-6

Parking

  • Off-Street Parking

Home Design

  • Custom Home
  • Flat Roof Shape
  • Brick Exterior Construction
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 2,414 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 4 Fireplaces
  • Gas Fireplace
  • Thermal Windows
  • Leaded Glass Windows
  • Bay Window
  • Dining Area
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Schools

  • Lois-Harrison Jones Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number W000-1240-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,004

Year Built

Built in 1919 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1919
  • Property Attached Yn: No
  • Lot Size Acres: 0.0713
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Custom
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 238.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Full, Heated, Partially Finished
  • Appliances: Dishwasher, Gas Cooking, Disposal, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bay Window, Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Eat-in Kitchen, Granite Counters, High Ceilings, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2414.0
  • Stories: 2
  • Window Features: Leaded Glass, Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat, Rubber
  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Fruit Trees, Landscaped, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-1240-052
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5004.0
  • Tax Lot: 58

MLS Schools

  • Elementary School: Lois-Harrison Jones
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 5, 2020
Sold by
Weldy Timothy A and Weldy Mahnaz S
Bought by
Durant Corey
Seller's Agent
Julia Burch
Coldwell Banker Prime
Buyer's Agent
Tara Kelley
Keller Williams Realty
List Price
$500,000
Sold Price
$515,000
Premium/Discount to List
$15,000
3%
Current Estimated Value
$787,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,571
Avg. Annual Appreciation
9.21%
Original Mortgage
$471,611
Outstanding Balance
$421,364
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$368,317

Purchase Details

Closed on
Jun 29, 2017
Sold by
Weldy Timothy A and Weldy Manhaz S
Bought by
Weldy Timothy A and Weldy Mehnaz S

Purchase Details

Closed on
Dec 17, 2007
Sold by
Kupresak Paula Pitman
Bought by
Weldy Timothy A and Weldy,Andre R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,500
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2003
Sold by
Structures L L C
Bought by
Pitman Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2001
Bought by
Buford Diane Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
6.9%
Mortgage Type
New Conventional
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
Durant Corey $515,000 Attorney
Weldy Timothy A -- None Available
Weldy Timothy A $330,000 --
Pitman Paula $243,000 --
Buford Diane Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durant Corey $471,611
Previous Owner Goode Suzanne B $50,000
Previous Owner Weldy Timothy A $285,400
Previous Owner Weldy Timothy A $313,500
Previous Owner Pitman Paula $180,000
Previous Owner Buford Diane Y $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $515,000 +3.0% $213 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $500,000 -- $207 / 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 $7,044 $587,000 $163,000 $424,000
2024 $6,840 $570,000 $163,000 $407,000
2023 $6,516 $543,000 $151,000 $392,000
2022 $6,228 $519,000 $139,000 $380,000
2021 $5,004 $431,000 $104,000 $327,000
2020 $5,004 $417,000 $96,000 $321,000
2019 $4,440 $370,000 $79,000 $291,000
2018 $4,188 $349,000 $79,000 $270,000
2017 $4,044 $337,000 $65,000 $272,000
2016 $3,744 $312,000 $70,000 $242,000
2015 $3,576 $310,000 $70,000 $240,000
2014 $3,576 $298,000 $70,000 $228,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Julia Burch

    Coldwell Banker Prime

    (804) 426-1481

    1 in this area

    52 Total Sales

    Julia Burch
    Section Image
  • Tara Kelley

    Buyer's Agent in 2020

    Tara Kelley

    Keller Williams Realty

    (804) 317-5438

    1 in this area

    55 Total Sales

    Tara Kelley
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2027319

Central Virginia Regional MLS

APN: W000-1240-052

Virginia Richmond City County Richmond 23221 Carytown

123 S Colonial Ave, Richmond, VA

This home is located at 123 S Colonial Ave, Richmond, VA 23221 since 08 September 2020 and is currently estimated at $787,571, approximately $326 per square foot. This property was built in 1919. 123 S Colonial Ave is a home located in Richmond City with nearby schools including Lois-Harrison Jones Elementary School, Albert Hill Middle, and Open 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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