$56,900
SOLD JAN 22, 2016

1500 Ivymount Rd Unit 1500 Richmond, VA 23225

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

Recently Sold

$58 Per Sq Ft

33% Below List Price

88 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Open High School Rated A+
  • Wood Siding

About This Home

As of January 2017

This beautiful brick Town Home is a 2 story, end unit, located in a Town Home Community. Convenient to Chippenham Parkway, shopping, and many amenities. Parking is at the front entrance of the home. As you enter into the family room, you will find a spacious, and open concept living space. A nice sized dining area connects the kitchen to the family room. The kitchen is stocked with appliances that convey, including stack washer/dryer. There is also a half bath off the living room. Upstairs has 2 spacious bedrooms and 1 full bath. The closets are also spacious in each room. There is plenty of yard space in the front, side, as well as the back. Exit from the large sliding glass door off the kitchen into the full privacy fenced rear concrete patio.

Last Agent to Sell the Property

Trina Jones

Teammates In Real Estate Inc License #0225042496 Listed on: 09/24/2015

Co-Listed By

Anna Barlow

Harris & Assoc, Inc License #0225079182

Last Buyer's Agent

Mike Peele

Virginia Capital Realty License #0225103960

Virginia Capital Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $900

Year Built

  • Built in 1970

HOA Fees

  • $104 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 976 Sq Ft Home
  • 2-Story Property

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

Community Details

  • The Madison Place Condos Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number C0070553178

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: TMRE01
  • Co List Office Phone: 804-254-7880
  • Ownership: REO
  • 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: RealEstateOwned
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 976.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Construction Type: Brick, Frame, Wood Siding
  • 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

  • Association Fee: 104.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Middle Or Junior School: Elkhardt

Lot Info

  • Parcel Number: C0070553178
  • Zoning Description: R-43 Multi Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • 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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 Type Sale Price Title Company
Warranty Deed $55,000 Attorney
Special Warranty Deed $56,900 Attorney
Quit Claim Deed -- None Available
Trustee Deed $48,900 --
Warranty Deed $87,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $87,500 New Conventional
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1526977

Central Virginia Regional MLS

APN: C007-0553-178