NOT LISTED FOR SALE

1500 Ivymount Rd Unit 1500 Richmond, VA 23225

Elkhardt Neighborhood

Estimated Value: $129,000 - $181,000

2 Beds
1.5 Baths
976 Sq Ft
$104/mo HOA Fee

Last Sold January 13, 2017

Last sale price $55,000 $56 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $970/month

152 Days on Market

Highlights

  • Shed
  • Forced Air Heating and Cooling System
  • Carpet
  • Open High School Rated A+

About This Home

As of January 2017

All brick townhome End Unit. Convenient to Chippenham Parkway , shopping. huge Family Room, Nice size dining Room connects to Kitchen and Living Room. Very open Floor plan. Large Front and side yard. Two Large Bedrooms, Private fenced in back yard with Patio. Washer , dryer and Frig. convey. Home is move in ready. Come see it Today.

Last Agent to Sell the Property

Mike Peele

Virginia Capital Realty License #0225103960 Listed on: 07/15/2016

Virginia Capital Realty

Co-Listed By

Tami Crouch

Virginia Capital Realty License #0225057647

Last Buyer's Agent

Rose Ramos

Samson Properties License #0225232522

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $900

Year Built

  • Built in 1970

Lot Details

  • 10.02

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 976 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Reid Elementary School
  • Elkhardt Middle School
  • Huguenot High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Shed
  • Back Yard Fenced

Community Details

  • The Madison Place Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number C007-0553-178

Property Details

Home Type

Condominium

Est. Annual Taxes

$900

Year Built

Built in 1970

Lot Details

0

HOA Fees

$104 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1970
  • Co List Office Mls Id: RCHM01
  • Co List Office Phone: 804-442-7577
  • Ownership: Individuals
  • Subdivision Name: The Madison Place Condos
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 976.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick, Drywall
  • Exterior Features: Storage, Shed
  • Foundation Details: Slab
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association Fee: 104.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Elkhardt

Lot Info

  • Parcel Number: C007-0553-178
  • Zoning Description: R-43
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 900.0

MLS Schools

  • Elementary School: Reid
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Jan 10, 2017
Sold by
Green James T
Bought by
Abarca Lester
Seller's Agent
Mike Peele
Virginia Capital Realty
Buyer's Agent
Rose Ramos
Samson Properties
List Price
$63,950
Sold Price
$55,000
Premium/Discount to List
-$8,950
-14%
Current Estimated Value
$146,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,810
Avg. Annual Appreciation
11.92%

Purchase Details

Listed on
Sep 24, 2015
Closed on
Jan 4, 2016
Sold by
Wilmington Savings Fund Society Fsb As T
Bought by
Green James T
Seller's Agent
Trina Jones
Teammates In Real Estate Inc
Buyer's Agent
Mike Peele
Virginia Capital Realty
List Price
$84,900
Sold Price
$56,900
Premium/Discount to List
-$28,000
-32.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.41%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Equity Trustees Llc Sub Tr
Bought by
Bank Of America Na

Purchase Details

Closed on
Nov 30, 2006
Sold by
Quest T & C Townhomes
Bought by
Cumbo Krystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.36%
Mortgage Type
New Conventional
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
Abarca Lester $55,000 Attorney
Green James T $56,900 Attorney
Wilmington Savings Fund Society Fsb As T -- None Available
Bank Of America Na $48,900 --
Cumbo Krystal $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cumbo Krystal $87,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $55,000 -14.0% $56 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
12/11/2016 12/11/16 For Sale $63,950 0.0% $66 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/17/2016 10/17/16 Price Changed $63,950 -1.5% $66 / Sq Ft
09/22/2016 09/22/16 Price Changed $64,950 -4.4% $67 / Sq Ft
08/18/2016 08/18/16 Price Changed $67,950 -1.5% $70 / Sq Ft
07/15/2016 07/15/16 For Sale $69,000 +21.3% $71 / Sq Ft
01/22/2016 01/22/16 Sold $56,900 -33.0% $58 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $84,900 -- $87 / 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 $1,056 $88,000 $15,000 $73,000
2024 $852 $71,000 $15,000 $56,000
2023 $852 $71,000 $15,000 $56,000
2022 $852 $71,000 $15,000 $56,000
2021 $852 $71,000 $15,000 $56,000
2020 $744 $71,000 $15,000 $56,000
2019 $816 $68,000 $15,000 $53,000
2018 $816 $68,000 $15,000 $53,000
2017 $900 $75,000 $15,000 $60,000
2016 $900 $75,000 $15,000 $60,000
2015 $900 $75,000 $15,000 $60,000
2014 $900 $75,000 $15,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1624291

Central Virginia Regional MLS

APN: C007-0553-178