Seller's Agent in 2023
Justin Owen
The Steele Group
(804) 400-5809
3 in this area
188 Total Sales
1406 Melton Ave Richmond, VA 23223
Oakwood NeighborhoodEstimated Value: $239,000 - $311,000
3
Beds
1
Bath
1,032
Sq Ft
$256/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cottage
- Central Air
- Open High School Rated A+
- Front Porch
- 2-minute walk to Oakwood Playground
About This Home
As of November 2023Located in Oakwood / Church Hill North just down the street from Oakwood Park, this adorable cottage built in 1920 has been freshly painted inside and out and is ready for new owners. The flowing layout features hardwood floors, replacement windows, central HVAC, and a recently re-coated metal roof. The large fenced backyard creates a great setting for entertaining with plenty of room in the shed for gardening tools. Just a short distance from the James River Park System, Church Hill shopping and dining, and Downtown/VCU, the convenient location just adds even more to this wonderful home.
Last Agent to Sell the Property
The Steele Group License #0225197051 Listed on: 10/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,088
Year Built
- Built in 1920
Lot Details
- 3,258 Sq Ft Lot
- Property is Fully Fenced
- Zoning described as R-5
Home Design
- Cottage
- Bungalow
- Frame Construction
- Metal Roof
- Aluminum Siding
Interior Spaces
- 1,032 Sq Ft Home
- 1-Story Property
- Dining Area
- Crawl Space
- Stove
- Washer and Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- No Garage
- On-Street Parking
Outdoor Features
- Front Porch
Schools
- Chimborazo Elementary School
- Martin Luther King Jr. Middle School
- Armstrong High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Water Heater
Community Details
- East End Subdivision
Listing and Financial Details
- Assessor Parcel Number E000-1102-024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2023
Closed on
Nov 9, 2023
Sold by
Werner Michael J and Hershey Caroline W
Bought by
Firouzi Neima
Seller's Agent
Justin Owen
The Steele Group
Buyer's Agent
Kong Nou
The Steele Group
List Price
$200,000
Sold Price
$218,500
Premium/Discount to List
$18,500
9.25%
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,387
Avg. Annual Appreciation
7.92%
Original Mortgage
$174,800
Outstanding Balance
$172,512
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$78,485
Purchase Details
Closed on
Jul 2, 2007
Sold by
Moore Thoams
Bought by
Hershey Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2003
Sold by
Augson Albert
Bought by
Moore Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.83%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Firouzi Neima | $218,500 | Sage Title | |
| Hershey Michael | $92,000 | -- | |
| Moore Thomas | $51,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Firouzi Neima | $174,800 | |
| Previous Owner | Hershey Michael | $73,600 | |
| Previous Owner | Moore Thomas J | $22,000 | |
| Previous Owner | Moore Thomas | $116,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2023 11/22/23 | Sold | $218,500 | +9.3% | $212 / Sq Ft |
| 10/24/2023 10/24/23 | Pending | -- | -- | -- |
| 10/21/2023 10/21/23 | For Sale | $200,000 | -- | $194 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $2,760 | $230,000 | $70,000 | $160,000 |
| 2024 | $2,136 | $178,000 | $70,000 | $108,000 |
| 2023 | $2,088 | $174,000 | $70,000 | $104,000 |
| 2022 | $1,836 | $153,000 | $55,000 | $98,000 |
| 2021 | $1,380 | $123,000 | $40,000 | $83,000 |
| 2020 | $1,380 | $115,000 | $35,000 | $80,000 |
| 2019 | $1,164 | $97,000 | $25,000 | $72,000 |
| 2018 | $1,032 | $86,000 | $20,000 | $66,000 |
| 2017 | $1,020 | $85,000 | $20,000 | $65,000 |
| 2016 | $972 | $81,000 | $20,000 | $61,000 |
| 2015 | $996 | $83,000 | $20,000 | $63,000 |
| 2014 | $996 | $83,000 | $20,000 | $63,000 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Owen
-
Kong Nou
K
Buyer's Agent in 2023
Kong Nou
The Steele Group
(804) 241-3494
1 in this area
55 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 2325425
APN: E000-1102-024
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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