NOT LISTED FOR SALE

1301 New York Ave Hopewell, VA 23860

Estimated Value: $146,000 - $194,000

3 Beds
1 Bath
1,003 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $71,500 $71 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $987/month

28 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Patio
  • 3-minute walk to King's Court Playground

About This Home

As of December 2018

BRAND NEW ROOF! Investors looking for turn key and great returns with a stable tenant, this is it! Excellent Cap rate of 15.2% based on current lease of $950/month. Nice 3 bedroom ranch. Large eat-in kitchen with tile floor. Gas cooking and built-in microwave. Hardwood floors in living room, dining area, hall and bedrooms. Separate laundry/mud room has tile floor and opens to rear concrete patio. Gas furnace and central air. Fenced rear yard. Vinyl siding and double pane windows. HVAC recently serviced and exterior just power washed. Photos reflect when house was vacant and interior painted just before current tenant moved in.

Last Agent to Sell the Property

Janice Carter-Lovejoy

Long & Foster REALTORS License #0225192981 Listed on: 10/30/2018

Co-Listed By

Jonathan Rogers

Hometown Realty License #0225230365

Last Buyer's Agent

Shanna Cooper

Long & Foster REALTORS License #0225219585

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $786

Year Built

  • Built in 1972

Lot Details

  • 5,846 Sq Ft Lot
  • Chain Link Fence
  • Corner Lot
  • Zoning described as R3

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,003 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Dining Area
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Laminate Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Stoop

Schools

  • Harry James Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

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

Community Details

  • King Court Section 3 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 124-0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$786

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Property Attached Yn: No
  • Lot Size Acres: 0.1342
  • Co List Office Mls Id: BNFO03
  • Co List Office Phone: 804-272-0222
  • Ownership: Corporate,Individuals
  • Subdivision Name: King Court Section 3
  • Architectural Style: Ranch
  • 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

  • Flooring: Tile, Wood
  • Basement: Crawl Space
  • Appliances: Gas Cooking, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, Dining Area, Laminate Counters, Main Level Primary
  • Living Area: 1003.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link, Fenced
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Patio, Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Unpaved

Utilities

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

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 124-0120
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 786.0
  • Tax Lot: 1

MLS Schools

  • Elementary School: Harry James
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Christian Maurice D and Christian Maurice
Bought by
River City Estates Llc
Current Estimated Value
$167,691

Purchase Details

Listed on
Oct 30, 2018
Closed on
Dec 19, 2018
Sold by
Cosmonet Llc
Bought by
Christian Maurice D
Seller's Agent
Janice Carter-Lovejoy
Long & Foster REALTORS
Buyer's Agent
Shanna Cooper
Long & Foster REALTORS
List Price
$74,900
Sold Price
$71,500
Premium/Discount to List
-$3,400
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.29%
Original Mortgage
$53,625
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2015
Closed on
Sep 8, 2015
Sold by
Bank Of America Na
Bought by
Cosmonet Llc
Seller's Agent
James Cole
Cole Real Estate, Inc.
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$49,500
Sold Price
$27,000
Premium/Discount to List
-$22,500
-45.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.81%

Purchase Details

Closed on
Aug 15, 2006
Sold by
Professional Foreclosure Corp and Wilson Shonda
Bought by
Smith Samuel
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
River City Estates Llc $78,000 Attorney
Christian Maurice D $71,500 Community Title
Cosmonet Llc $27,000 None Available
Smith Samuel $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christian Maurice D $53,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/28/2018 12/28/18 Sold $71,500 -4.5% $71 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $74,900 0.0% $75 / Sq Ft
11/12/2018 11/12/18 For Sale $74,900 +4.8% $75 / Sq Ft
11/08/2018 11/08/18 Off Market $71,500 -- --
11/07/2018 11/07/18 For Sale $69,900 0.0% $70 / Sq Ft
11/03/2018 11/03/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $69,900 +158.9% $70 / Sq Ft
09/24/2015 09/24/15 Sold $27,000 -45.5% $27 / Sq Ft View Prior Sale
08/17/2015 08/17/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $49,500 -- $49 / 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 $1,288 $110,100 $16,200 $93,900
2024 $1,259 $107,600 $15,000 $92,600
2023 $1,216 $107,600 $15,000 $92,600
2022 $859 $76,000 $12,500 $63,500
2021 $859 $76,000 $12,500 $63,500
2020 $838 $74,200 $12,500 $61,700
2019 $838 $74,200 $12,500 $61,700
2018 $786 $69,600 $11,900 $57,700
2017 $786 $69,600 $11,900 $57,700
2016 $751 $66,500 $11,900 $54,600
2015 $751 $66,500 $11,900 $54,600
2014 -- $67,200 $11,900 $55,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1837607

Central Virginia Regional MLS

APN: 124-0120