NOT LISTED FOR SALE

Estimated Value: $196,000 - $262,787

2 Beds
2 Baths
750 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $50,000 $67 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $1,425/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No Heating
  • Open High School Rated A+
  • Porch
  • 1-Story Property

About This Home

As of November 2019

Offering an investment opportunity. Income producing property with little cash needed. Tax records show a 750 sqft home, 2 bed/1bath, upstairs has bonus room with bathroom which can be used for a huge master bedroom, adding 250 sqft. Owner has started many renovations and repairs already. All new wiring, new plumbing, new water heater, hardwood floor repair, new kitchen tile, new deck, roof repair, new siding, new windows, new doors.
At this price, great upside regardless of subbing out remaining repairs or fix it up yourself. Current owner has a deal with contractor to finish everything to market condition for 13.5k(You can use this contractor or bring your own). Rents are typically 1,000/month. Plenty of opportunity at this price for either a flip, or a cash out refi and get a renter in it for cash flow.
Repairs needed: HVAC, Drywall(most sheetrock is purchased, just needs to be hung). Sand and refurbish hardwood floor. Carpet in bedrooms, 2 bathroom remodels. Paint interior. Kitchen appliances needed. Cabinets bought already just need to be installed.
Dont miss out on this handyman special before its gone! As-Is only, cash only,any inspection is for buyer's info only.

Last Agent to Sell the Property

Alex Madgar

NextHome Signature Properties License #0225222685 Listed on: 10/07/2019

NextHome Signature Properties

Last Buyer's Agent

Susan Dunbar

Long & Foster REALTORS License #0225036677

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,245

Year Built

  • Built in 1941

Lot Details

  • 6,499 Sq Ft Lot
  • Zoning described as R-5

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Oak Grove Elementary School
  • Martin Luther King Jr. Middle School
  • Richmond High School For The Arts

Utilities

  • No Cooling
  • No Heating

Community Details

  • Glenwood Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number S007-1180-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,245

Year Built

Built in 1941

Lot Details

6,499 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Property Attached Yn: No
  • Lot Size Acres: 0.1492
  • Ownership: Corporate
  • Subdivision Name: Glenwood
  • 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: Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 750.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale

Utilities

  • Heating: None, Other
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: S007-1180-021
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1245.0
  • Tax Lot: 13

MLS Schools

  • Elementary School: Oak Grove
  • High School: Richmond High School for the Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2019
Sold by
Rosser James L
Bought by
Madgar Enterprises Llc
Current Estimated Value
$228,197
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Madgar Enterprises Llc $22,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $50,000 0.0% $67 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/09/2019 10/09/19 Off Market $50,000 -- --
10/07/2019 10/07/19 For Sale $59,000 -- $79 / Sq Ft
Source: Central Virginia Regional MLS

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 $3,000 $250,000 $55,000 $195,000
2024 $3,024 $252,000 $45,000 $207,000
2023 $2,604 $217,000 $36,000 $181,000
2022 $2,100 $175,000 $36,000 $139,000
2020 $468 $45,000 $10,000 $35,000
2019 $1,245 $29,000 $10,000 $19,000
2018 $736 $28,000 $10,000 $18,000
2017 $336 $28,000 $10,000 $18,000
2016 $336 $28,000 $10,000 $18,000
2015 $1,454 $27,000 $10,000 $17,000
2014 $1,454 $27,000 $10,000 $17,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1933046

Central Virginia Regional MLS

APN: S007-1180-021

Your Personal Tour Guide

Ask me questions while you tour the home.