NOT LISTED FOR SALE

128 N Grove Ave Henrico, VA 23075

Estimated Value: $296,000 - $325,000

3 Beds
1 Bath
775 Sq Ft
$401/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $49,000 $63 Per Sq Ft

Est. 535% increase in value since last sale

Current estimated payment $1,875/month

13 Days on Market

Highlights

  • Cottage
  • Wood Siding
  • 1-Story Property

About This Home

As of July 2018

Investor special. Ready to rehab!

Last Agent to Sell the Property

Julie Karvelis

Ridge Point Realty LLC License #0225185463 Listed on: 06/27/2018

Last Buyer's Agent

Taylor Steele

The Steele Group License #0225066942

The Steele Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 1937

Lot Details

  • 8,734 Sq Ft Lot
  • Zoning described as R4

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Highland Springs Elementary School
  • Fairfield Middle School
  • Highland Springs

Community Details

  • Highland Springs Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 823-725-7373

Home Details

Home Type

Single Family

Est. Annual Taxes

$598

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1937
  • Property Attached Yn: No
  • Lot Size Acres: 0.2005
  • Ownership: Corporate
  • Subdivision Name: Highland Springs
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 775.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Frame, Wood Siding
  • Property Condition: Resale

Utilities

  • Heating: Other
  • Cooling: Other
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Fairfield

Lot Info

  • Parcel Number: 823-725-7373
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 598.0
  • Tax Lot: 30

MLS Schools

  • Elementary School: Highland Springs
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2019
Sold by
Ds Flip Llc
Bought by
Jennings Kelsey and Jennings Franklin
Current Estimated Value
$310,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,541
Outstanding Balance
$186,942
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$124,033

Purchase Details

Listed on
Jun 27, 2018
Closed on
Jul 20, 2018
Sold by
Ridge Point Holdings Llc
Bought by
D S Flip Llc
Seller's Agent
Julie Karvelis
Ridge Point Realty LLC
Buyer's Agent
Taylor Steele
The Steele Group
List Price
$65,000
Sold Price
$49,000
Premium/Discount to List
-$16,000
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.94%
Original Mortgage
$40,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 27, 2018
Closed on
Jun 27, 2018
Sold by
Watson Watson M and Watson Linda S
Bought by
Ridge Point Holdings Llc A Virginia Limi
Seller's Agent
Julie Karvelis
Ridge Point Realty LLC
Buyer's Agent
Taylor Steele
The Steele Group
List Price
$65,000
Sold Price
$49,000
Premium/Discount to List
-$16,000
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1997
Sold by
Watkins Larry K and Watkins Watson K
Bought by
Watkins Larry K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jennings Kelsey $218,500 Attorney
D S Flip Llc $49,000 Attorney
Ridge Point Holdings Llc A Virginia Limi $37,000 Apex Title & Stlmnt Svc Llc
Watkins Larry K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Kelsey $214,541
Previous Owner Ridge Point Holdings Llc A Virginia Limi $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2018 07/24/18 Sold $49,000 -14.0% $63 / Sq Ft
07/10/2018 07/10/18 Pending -- -- --
07/05/2018 07/05/18 Price Changed $57,000 -12.3% $74 / Sq Ft
06/27/2018 06/27/18 For Sale $65,000 -- $84 / 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 $2,833 $305,000 $32,500 $272,500
2024 $2,833 $307,900 $30,000 $277,900
2023 $2,648 $307,900 $30,000 $277,900
2022 $2,124 $247,000 $30,000 $217,000
2021 $1,962 $203,400 $24,000 $179,400
2020 $1,790 $203,400 $24,000 $179,400
2019 $376 $42,700 $21,500 $21,200
2018 $598 $68,000 $21,500 $46,500
2017 $541 $61,500 $21,500 $40,000
2016 $502 $57,000 $21,500 $35,500
2015 $503 $57,100 $25,500 $31,600
2014 $503 $57,100 $25,500 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1823470

Central Virginia Regional MLS

APN: 823-725-7373