NOT LISTED FOR SALE

Estimated Value: $482,000 - $539,000

4 Beds
3.5 Baths
2,268 Sq Ft
$229/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $400,000 $176 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,312/month

28 Days on Market

Highlights

  • New Construction
  • City View
  • Wood Flooring
  • Open High School Rated A+
  • Transitional Architecture
  • Separate Formal Living Room

About This Home

As of November 2020

Welcome to this gorgeous new construction home by Cava Capital featuring over 2,260 SF and 3-4 bedrooms with 3.5 baths on a well established block with lots of great neighbors not to mention Richmond only Residential Green alley AND a 10 Year Tax Abatement!!! With sharp selections and features throughout this is a great open plan with lots of natural light and also featuring 9' ceilings and hardwoods on the 1st and 2nd floors, gas cooking with tankless hot water heat and a nice sized patio in the rear with a huge amount of off street parking just to name a few! Nice sized LR with hardwoods is open to the DR and Kitchen Huge kitchen with soft close doors and drawer, quarts counter tops, tile back splash, an island, massive double pantry and SS Appliances! Awesome mud room off the kitchen features cabinets and quartz counter tops! Stately master bedroom with hardwoods, ceiling fan a WIC you could call a bedroom and a larger en suite with double vanity with quartz counter tops, WIS with frameless glass as subway to the ceiling! 3rd Floor bedroom or den features its own spacious full bath with WIS with tile and glass shower door is a perfect place to entertian or relax!

Last Agent to Sell the Property

Matt Jarreau

Hometown Realty License #0225175691 Listed on: 09/18/2020

Last Buyer's Agent

Matt Jarreau

Hometown Realty License #0225175691 Listed on: 09/18/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 4,517 Sq Ft Lot
  • Lot Dimensions are 35x129
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R-6

Home Design

  • Transitional Architecture
  • Frame Construction
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 2,268 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Thermal Windows
  • Separate Formal Living Room
  • Dining Area
  • City Views
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Stoop

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number E000-0621-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$480

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Property Attached Yn: No
  • Lot Size Acres: 0.1037
  • Lot Size: 35x129
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Transitional
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooking, Disposal, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Pantry, Recessed Lighting, Cable TV, Walk-In Closet(s)
  • Living Area: 2268.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Level
  • Pool Features: None
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Drywall, Frame, HardiPlank Type
  • Patio And Porch Features: Patio, Stoop
  • Property Condition: New Construction

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Heating: Electric, Natural Gas, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0621-023
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 480.0
  • Tax Lot: 8

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 9, 2020
Sold by
Cava Capital Llc
Bought by
Russo John and Burton Julianne
Seller's Agent
Matt Jarreau
Hometown Realty
Buyer's Agent
Matt Jarreau
Hometown Realty
List Price
$399,950
Sold Price
$400,000
Premium/Discount to List
$50
0.01%
Current Estimated Value
$520,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,505
Avg. Annual Appreciation
4.19%
Original Mortgage
$318,400
Outstanding Balance
$287,182
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$198,222

Purchase Details

Listed on
Oct 22, 2018
Closed on
Jan 30, 2019
Sold by
Martin Clark G
Bought by
Cava Capital Llc
Seller's Agent
Teri Jones
Samson Properties
Buyer's Agent
Matt Jarreau
Hometown Realty
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
184.14%
Original Mortgage
$250,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2015
Sold by
Martin Clark G
Bought by
City Of Richmond
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
Russo John $398,000 Homeland Title & Stlmnt
Cava Capital Llc $65,000 Attorney
City Of Richmond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo John $318,400
Previous Owner Cava Capital Llc $340,000
Previous Owner Cava Capital Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $400,000 0.0% $176 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $399,950 +515.3% $176 / Sq Ft
02/28/2019 02/28/19 Sold $65,000 -13.3% --
11/01/2018 11/01/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $75,000 -- --
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 $5,544 $462,000 $82,000 $380,000
2024 $5,388 $449,000 $78,000 $371,000
2023 $4,920 $410,000 $78,000 $332,000
2022 $4,248 $354,000 $52,000 $302,000
2021 $480 $260,000 $40,000 $220,000
2020 $480 $40,000 $40,000 $0
2019 $360 $30,000 $30,000 $0
2018 $340 $20,000 $20,000 $0
2017 $240 $20,000 $20,000 $0
2016 $240 $20,000 $20,000 $0
2015 $375 $20,000 $20,000 $0
2014 $375 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2028535

Central Virginia Regional MLS

APN: E000-0621-023