N
Seller's Agent in 2019
Norman Domingo
XRealty.NetLLC
(888) 838-9044
1,371 Total Sales
1254 Parkwood Ave Richmond, VA 23220
The Fan NeighborhoodEstimated Value: $388,000 - $480,000
4
Beds
2
Baths
1,500
Sq Ft
$294/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Forced Air Heating and Cooling System
- Open High School Rated A+
- Front Porch
- 5-minute walk to Thomas Square
About This Home
As of September 2019Attention Investors: excellent cash flow property. 4 bedroom, 2 bath located 2 blocks from the VCU campus. The house is a duplex. The other unit (1256 Parkwood) is also available.
Big back yard, off-street parking. Lots of updates ideal for student rentals. Currently rented until July 2020 at $2500/month. New tenants move in Sunday August 11th. The property is in the final days of a renovation. We just installed all new carpets in the bedrooms, painted the interior, new fans and lights, updated kitchens and baths appropriate for a student rental.
New HVAC, windows, wooden fence, insulation, and one bathroom update in 2016. Updated kitchen in 2018. Another bathroom, paint, carpets, fixtures, and exterior work 2019.
New pictures of the exterior coming soon with fresh paint and new vinyl siding.
Financials: Cap rate over 9. Assuming you put 20% down for a deposit, the house would have a cash on cash return of 18-20% after expenses.
Last Agent to Sell the Property
XRealty.NetLLC License #0225194372 Listed on: 08/08/2019
Last Buyer's Agent
Non-Member Non-Member
Non MLS Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,472
Year Built
- Built in 1900
Lot Details
- 2,339 Sq Ft Lot
- Back Yard Fenced
- Zoning described as R-7
Parking
- Off-Street Parking
Home Design
- Colonial Architecture
- Flat Roof Shape
- Frame Construction
- Aluminum Siding
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Dishwasher
Flooring
- Wood
- Partially Carpeted
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Front Porch
Schools
- Fox Elementary School
- Dogwood Middle School
- Thomas Jefferson High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Heater
Listing and Financial Details
- Assessor Parcel Number W000-0440-075
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2022
Sold by
Marie Karl Lisa and Marie Peter J
Bought by
1256 Parkwood Llc
Current Estimated Value
Purchase Details
Listed on
Aug 8, 2019
Closed on
Sep 13, 2019
Sold by
Cross Jordan David and Cross Carrie Blustin
Bought by
Aslam Farah and Rashid Aslam
Seller's Agent
Norman Domingo
XRealty.NetLLC
Buyer's Agent
Non-Member Non-Member
Non MLS Member
List Price
$275,000
Sold Price
$307,000
Premium/Discount to List
$32,000
11.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$301,439
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 31, 2016
Sold by
Dangos John B and Dangos Bridgett V
Bought by
Cross Jordan David and Cross Carrie Blustin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 2005
Sold by
Chaplin Stephen A
Bought by
Dangos John B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 6, 1997
Sold by
Edwards Paul G
Bought by
Chaplin Stephen A and Chaplin Suzanne B
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 |
|---|---|---|---|
| 1256 Parkwood Llc | -- | New Title Company Name | |
| Aslam Farah | $307,000 | Attorney | |
| Cross Jordan David | $199,500 | Attorney | |
| Dangos John B | $160,000 | -- | |
| Chaplin Stephen A | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Aslam Farah | $15,438 | |
| Previous Owner | Aslam Farah | $301,439 | |
| Previous Owner | Cross Jordan David | $159,600 | |
| Previous Owner | Dangos John B | $129,200 | |
| Previous Owner | Dangos John B | $50,000 | |
| Previous Owner | Dangos John B | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2019 09/18/19 | Sold | $307,000 | +11.6% | $205 / Sq Ft |
| 08/15/2019 08/15/19 | Pending | -- | -- | -- |
| 08/08/2019 08/08/19 | For Sale | $275,000 | -- | $183 / 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 | $4,872 | $406,000 | $190,000 | $216,000 |
| 2024 | $4,524 | $377,000 | $170,000 | $207,000 |
| 2023 | $4,356 | $363,000 | $170,000 | $193,000 |
| 2022 | $3,516 | $293,000 | $115,000 | $178,000 |
| 2021 | $2,616 | $268,000 | $95,000 | $173,000 |
| 2020 | $2,616 | $218,000 | $90,000 | $128,000 |
| 2019 | $2,472 | $206,000 | $90,000 | $116,000 |
| 2018 | $2,208 | $184,000 | $75,000 | $109,000 |
| 2017 | $2,064 | $172,000 | $55,000 | $117,000 |
| 2016 | $1,932 | $161,000 | $55,000 | $106,000 |
| 2015 | $1,704 | $160,000 | $55,000 | $105,000 |
| 2014 | $1,704 | $142,000 | $43,000 | $99,000 |
Source: Public Records
Agents Affiliated with this Home
-
Norman Domingo
-
N
Buyer's Agent in 2019
Non-Member Non-Member
Non MLS Member
Map
Source: Central Virginia Regional MLS
MLS Number: 1926442
APN: W000-0440-075
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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