NOT LISTED FOR SALE

Estimated Value: $1,463,000 - $1,809,000

5 Beds
4.5 Baths
4,268 Sq Ft
$372/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $1,050,000 $246 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $9,542/month

32 Days on Market

Highlights

  • 1.06 Acre Lot
  • Atrium Room
  • Contemporary Architecture
  • Mary Munford Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of December 2021

A symphony of glass and light, this south facing home crowns a bluff overlooking the James River on one of Richmond's most prestigious streets, Rothesay Circle. Sited over 1 acre of terraced grounds & woodlands, this architect designed home once graced the cover of Richmond Magazine as one of the most beautiful homes in Richmond. European feel & bathed in natural light this home is perfect for the art collector/ minimalist both. W/four floors of living space the home is anchored by a soaring 2 story atrium of glass in the living and dining rm. Summer time feels as if in a treehouse while in the winter one has a spectacular eastward view of the iconic Railway Bridge spanning the James River. A cook's kitchen w/top of the line appliances & family room w/ gas fireplace each with a terrace complete the main living floor along with a powder room and the utility room. Lower level houses the garage, office, full bath & recreation rm w/ French doors to slate patio & enclosed garden. Up are 5 bdrs, 3 baths & open gathering space overlooking the atrium. Renovated & immaculately maintained this is a once in a lifetime opportunity to enjoy the best of Modern living in a sought after location.

Last Agent to Sell the Property

Page George

Maison Real Estate Boutique License #0225216441 Listed on: 09/16/2021

Last Buyer's Agent

Page George

Maison Real Estate Boutique License #0225216441 Listed on: 09/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,140

Year Built

  • Built in 1990

Lot Details

  • 1.06 Acre Lot
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Synthetic Stucco Exterior

Interior Spaces

  • 4,268 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Bookcases
  • Recessed Lighting
  • 3 Fireplaces
  • Gas Fireplace
  • French Doors
  • Atrium Room
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outbuilding

Schools

  • Munford Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

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

Community Details

  • Rothesay Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number W022-0557-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,140

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Property Attached Yn: No
  • Lot Size Acres: 1.0628
  • Ownership: Individuals
  • Subdivision Name: Rothesay
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 4
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 775.0
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Finished, Garage Access, Walk-Out Access
  • Appliances: Dryer, Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Stove, Wine Cooler, Washer
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 697.0
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Atrium, Bookcases, Built-in Features, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, Bath in Primary Bedroom, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 4268.0
  • Stories: 4
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Drywall, Synthetic Stucco
  • Exterior Features: Deck, Sprinkler/Irrigation, Lighting, Out Building(s), Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Patio, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Garage Door Opener, Off Street, Paved

Utilities

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W022-0557-017
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10140.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 29, 2021
Sold by
Wilhanks Peter T and Wilbanks Kelly Jones
Bought by
Farazian Morteza and Farazian Yasmin Saadia
Seller's Agent
Page George
Maison Real Estate Boutique
Buyer's Agent
Page George
Maison Real Estate Boutique
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Total Days on Market
32
Current Estimated Value
$1,587,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,993
Avg. Annual Appreciation
11.81%
Original Mortgage
$848,000
Outstanding Balance
$789,294
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$759,161
Source: Public Records

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Range of Values:

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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
Farazian Morteza $1,050,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farazian Morteza $848,000
Previous Owner Wilbanks Peter T $711,900
Previous Owner Wilbanks Peter T $417,000
Previous Owner Wilbanks Peter T $130,000
Previous Owner Wilbanks Peter T $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $1,050,000 -12.5% $246 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $1,200,000 -- $281 / 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 $13,368 $1,114,000 $399,000 $715,000
2024 $12,564 $1,047,000 $350,000 $697,000
2023 $12,108 $1,009,000 $350,000 $659,000
2022 $10,992 $916,000 $318,000 $598,000
2021 $9,828 $845,000 $318,000 $527,000
2020 $9,828 $819,000 $318,000 $501,000
2019 $9,672 $806,000 $320,000 $486,000
2018 $9,444 $787,000 $320,000 $467,000
2017 $9,960 $830,000 $410,000 $420,000
2016 $9,960 $830,000 $410,000 $420,000
2015 $9,696 $808,000 $410,000 $398,000
2014 $9,696 $808,000 $410,000 $398,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2128669

Central Virginia Regional MLS

APN: W022-0557-017