NOT LISTED FOR SALE

1502 E Laburnum Ave Richmond, VA 23222

Estimated Value: $223,000 - $349,000

3 Beds
1 Bath
1,736 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 05, 2015

Last sale price $35,000 $20 Per Sq Ft

Est. 686% increase in value since last sale

Current estimated payment $1,572/month

27 Days on Market

About This Home

As of May 2015

Built in 1937, this home has so much potential. The interior offers 3 bedrooms and 1 full bathroom. There is lots of charm and character in this cape cod home. The home has a living room, formal dining room, spacious kitchen, three bedrooms, and one full bathroom. The kitchen cabinetry has been updated. There is also a large family room on the rear of the home. It is affordably priced and awaits your personal touch!

Last Agent to Sell the Property

Charlotte Ward

Ward Properties License #0225055649 Listed on: 03/17/2015

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • 1937

Lot Details

  • 0.32

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1.5 Levels

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 799-737-8607

Home Details

Home Type

Single Family

Year Built

1937

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 20.16
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1937

Interior Features

  • Number of Rooms: 8
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: No Attic
  • Number Of Levels: 1.50

Exterior Features

  • Roof: Composition
  • Siding: Brick, Vinyl

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard
  • Cooling: Individual Window Units
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Zoning: R-3
  • Parcel Number: 799-737-8607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2015
Closed on
May 1, 2015
Sold by
Sec Of Hud Of Washington Dc
Bought by
Ansari Arwa
Seller's Agent
Charlotte Ward
Ward Properties
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Current Estimated Value
$275,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,104
Avg. Annual Appreciation
21.29%

Purchase Details

Closed on
Dec 23, 2014
Sold by
Jpmorgan Chase Bank Na
Bought by
Sec Of Hud Of Washington Dc

Purchase Details

Closed on
Mar 20, 2008
Sold by
Danridge Jason L
Bought by
Mikeal Mcnair Isham B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,087
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2004
Sold by
Johnson Darryl
Bought by
Danridge Jason and Viers,Kevin

Purchase Details

Closed on
Jun 7, 2002
Sold by
Cooley Bill
Bought by
Johnson Darryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,879
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ansari Arwa $35,000 --
Sec Of Hud Of Washington Dc $72,680 --
Jpmorgan Chase Bank Na $72,680 --
Mikeal Mcnair Isham B $139,240 --
Danridge Jason $84,000 --
Johnson Darryl E $71,450 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mikeal Mcnair Isham B $137,087
Previous Owner Johnson Darryl E $72,879
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2015 05/05/15 Sold $35,000 -12.5% $20 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $40,000 -- $23 / 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 $1,605 $181,200 $32,300 $148,900
2024 $1,605 $174,200 $30,400 $143,800
2023 $1,481 $174,200 $30,400 $143,800
2022 $1,081 $133,400 $28,500 $104,900
2021 $1,100 $120,000 $22,800 $97,200
2020 $1,044 $120,000 $22,800 $97,200
2019 $1,021 $117,400 $22,800 $94,600
2018 $988 $113,600 $22,800 $90,800
2017 $960 $110,400 $20,900 $89,500
2016 $960 $110,400 $20,900 $89,500
2015 $960 $110,400 $20,900 $89,500
2014 $960 $110,400 $20,900 $89,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1507076

Central Virginia Regional MLS

APN: 799-737-8607