NOT LISTED FOR SALE

Estimated Value: $267,000 - $313,548

5 Beds
3 Baths
2,017 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $165,000 $82 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,822/month

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Area or Nook
  • Open High School Rated A+
  • Separate Formal Living Room
  • Thermal Windows

About This Home

As of January 2021

AMAZING 5 BEDROOM HOME WITH 3 FULL BATHROOMS. Currently rented for $2685 a month to long term tenants that would like to stay but can move out prior to settlement if needed. Maintenance free vinyl siding and railings, energy efficient vinyl double pane windows, central heating and air conditioning. As you pull into the private driveway you will love the curb appeal and quiet street. There is a covered front porch greeting you. Entering the home there are gorgeous hardwoods throughout. There is a true primary suite with ensuite bathroom and walk in closet along with a large living room, dining room, eat-in kitchen, true laundry room, two additional bedrooms and second full bath in the main home. There is a separate attached living space on the back of the home with the fourth and fifth bedroom and third full bathroom. There is a ton of storage space in the unfinished basement. This is a great investment in a rapidly appreciating neighborhood of Richmond.

Last Agent to Sell the Property

James Nay

River City Elite Properties - Real Broker License #0225221595 Listed on: 12/18/2020

Last Buyer's Agent

Dave Ludlow

EXP Realty LLC License #0225203824

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1924

Lot Details

  • 7,501 Sq Ft Lot
  • Zoning described as R-5

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,017 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Thermal Windows
  • Insulated Doors
  • Separate Formal Living Room
  • Dining Area
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Butlers Pantry
  • Laminate Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Parking

  • Driveway
  • Unpaved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Oak Grove Elementary School
  • Boushall Middle School
  • Richmond High School For The Arts

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • Powhatan Heights Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number S007-1126-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1924
  • Property Attached Yn: No
  • Lot Size Acres: 0.1722
  • Ownership: Individuals
  • Subdivision Name: Powhatan Heights
  • 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
  • General Property Information Below Grade Unfinished Area: 275.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Basement: Partial
  • Appliances: Electric Water Heater, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Interior Amenities: Bedroom on Main Level, Butler's Pantry, Breakfast Area, Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Laminate Counters, Bath in Primary Bedroom, Main Level Primary, Recessed Lighting, Cable TV
  • Living Area: 2017.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Porch, Unpaved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, On Street, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Boushall

Lot Info

  • Parcel Number: S007-1126-021
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1524.0
  • Tax Lot: 21

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 21, 2021
Sold by
Spence John Richard
Bought by
Gebregziabher Awet T
Seller's Agent
James Nay
River City Elite Properties - Real Broker
Buyer's Agent
Dave Ludlow
EXP Realty LLC
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$291,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,637
Avg. Annual Appreciation
12.29%
Original Mortgage
$123,750
Outstanding Balance
$110,877
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$169,985

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jan 6, 2017
Sold by
Terry Jerome L
Bought by
Spence John Richard
Seller's Agent
Danita Jackson
Joyner Fine Properties
Buyer's Agent
Susan Stynes
River City Elite Properties - Real Broker
List Price
$110,950
Sold Price
$105,000
Premium/Discount to List
-$5,950
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$103,098
Interest Rate
3.87%
Mortgage Type
FHA
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
Gebregziabher Awet T -- Old Republic National Title In
Gebregziabher Awet T -- Old Republic National Title In
Spence John Richard $105,000 Capitol Closing Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gebregziabher Awet T $123,750
Previous Owner Spence John Richard $103,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $165,000 0.0% $82 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $165,000 +57.1% $82 / Sq Ft
01/10/2017 01/10/17 Sold $105,000 -5.4% $52 / Sq Ft
11/26/2016 11/26/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $110,950 0.0% $55 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
07/16/2016 07/16/16 Price Changed $110,950 -26.0% $55 / Sq Ft
04/15/2016 04/15/16 For Sale $149,950 -- $74 / 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 $2,832 $236,000 $55,000 $181,000
2024 $2,844 $237,000 $45,000 $192,000
2023 $2,448 $204,000 $36,000 $168,000
2022 $1,980 $165,000 $36,000 $129,000
2021 $1,524 $130,000 $16,000 $114,000
2020 $1,524 $127,000 $10,000 $117,000
2019 $1,284 $107,000 $10,000 $97,000
2018 $1,224 $102,000 $10,000 $92,000
2017 $852 $71,000 $10,000 $61,000
2016 $852 $71,000 $10,000 $61,000
2015 $450 $75,000 $10,000 $65,000
2014 $450 $75,000 $10,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2037244

Central Virginia Regional MLS

APN: S007-1126-021