NOT LISTED FOR SALE

1418 Mechanicsville Turnpike Richmond, VA 23223

Mosby Neighborhood

Estimated Value: $167,000 - $219,547

3 Beds
1.5 Baths
1,200 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $141,000 $118 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,233/month

27 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • 4-minute walk to Lucks Field
  • Open High School Rated A+
  • Heating System Uses Natural Gas

About This Home

As of July 2021

Great clean starter home or also makes for a great rental. Don't miss out on this rare opportunity. These homes don't come on the market often.

Last Agent to Sell the Property

Linwood Cousins

United Real Estate Richmond License #0225099655 Listed on: 05/02/2021

United Real Estate Richmond

Last Buyer's Agent

Justin Doerflein

Hometown Realty License #0225222962

Hometown Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $804

Year Built

  • Built in 1970

Lot Details

  • 2,601 Sq Ft Lot
  • Property fronts an alley

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Washer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Henry L. Marsh Iii Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number E000-0667-036

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$804

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 1970
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0597
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1200.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Drywall, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Alley Access, On Street

Utilities

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

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0667-036
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 804.0
  • Tax Lot: 66

MLS Schools

  • Elementary School: Henry L. Marsh III
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jul 13, 2021
Sold by
Broughton Rodney
Bought by
Porter Kenneth G
Seller's Agent
Linwood Cousins
United Real Estate Richmond
Buyer's Agent
Justin Doerflein
Hometown Realty
List Price
$159,000
Sold Price
$141,000
Premium/Discount to List
-$18,000
-11.32%
Current Estimated Value
$196,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,137
Avg. Annual Appreciation
8.40%
Original Mortgage
$138,446
Outstanding Balance
$130,753
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$65,384

Purchase Details

Closed on
Dec 31, 2007
Sold by
Bayou Properties L L C
Bought by
Broughton Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2004
Sold by
Oaktree Properties
Bought by
Bayou Properties L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2004
Sold by
Fairbanks Capital Corp
Bought by
Oaktree Properties L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.58%
Mortgage Type
Construction
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
Porter Kenneth G $138,000 None Available
Broughton Rodney $95,000 --
Bayou Properties L L C $33,200 --
Oaktree Properties L L C $36,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Kenneth G $138,446
Previous Owner Broughton Rodney $76,000
Previous Owner Broughton Rodney $76,000
Previous Owner Bayou Properties L L C $1,225,000
Previous Owner Oaktree Properties L L C $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $141,000 -2.8% $118 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/09/2021 05/09/21 Price Changed $145,000 -8.8% $121 / Sq Ft
05/02/2021 05/02/21 For Sale $159,000 0.0% $133 / Sq Ft
01/20/2012 01/20/12 Rented $750 0.0% --
12/21/2011 12/21/11 Under Contract -- -- --
12/02/2011 12/02/11 For Rent $750 -- --
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 $1,968 $164,000 $31,000 $133,000
2024 $1,872 $156,000 $29,000 $127,000
2023 $1,704 $142,000 $29,000 $113,000
2022 $1,476 $123,000 $20,000 $103,000
2021 $804 $74,000 $15,000 $59,000
2020 $804 $67,000 $10,000 $57,000
2019 $792 $66,000 $10,000 $56,000
2018 $768 $64,000 $10,000 $54,000
2017 $768 $64,000 $10,000 $54,000
2016 $768 $64,000 $10,000 $54,000
2015 $1,032 $64,000 $10,000 $54,000
2014 $1,032 $86,000 $10,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2112702

Central Virginia Regional MLS

APN: E000-0667-036