NOT LISTED FOR SALE

1503 New York Ave Hopewell, VA 23860

Estimated Value: $130,000 - $229,000

3 Beds
1 Bath
1,003 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $47,750 $48 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,056/month

21 Days on Market

Highlights

  • Screened Porch
  • Baseboard Heating
  • 1-Story Property
  • Forced Air Heating System
  • Partially Carpeted
  • 1-minute walk to King's Court Playground

About This Home

As of June 2020

MULTIPLE OFFERS - HIGHEST AND BEST DUE 8AM EST 5/2/2020. WOW! What an opportunity to own in Hopewell! Listed at $41,000, this 3 bedroom/1 bath 1,000+ sq. ft. home offers so much for the money. Priced an incredible $35,000 LESS than it's 2019 assessment, this property is a deal! Walk inside and see what this one has to offer - from a formal dining room, living room, 3 bedrooms, 1 hall bathroom, kitchen and spacious utility room. Outside offers a screened-in porch. Nice sized rear yard. Perfect opportunity for a first-time buyer, someone looking to downsize, or someone looking to add an investment property to their real estate portfolio. Schedule your showing as soon as you can as properties like this one tend to go quickly!

Last Agent to Sell the Property

Kevin Randesi

804 Real Estate, LLC License #0225177324 Listed on: 04/24/2020

Last Buyer's Agent

James Martin

Lifelong Realty Inc License #0225226533

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $429

Year Built

  • Built in 1974

Lot Details

  • 5,401 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R3

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,003 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Partially Carpeted
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Schools

  • Harry James Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Baseboard Heating
  • Water Heater

Community Details

  • King Court Section 4 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 11
  • Assessor Parcel Number 125-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$429

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1974
  • Property Attached Yn: No
  • Lot Size Acres: 0.124
  • Ownership: REO
  • Subdivision Name: King Court Section 4
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1003.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Chain Link, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Other
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Rear Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Off Street, Unpaved

Utilities

  • Heating: Baseboard, Electric, Forced Air
  • Cooling: None
  • Sewer: Other
  • Water Source: Other
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 125-0030
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 429.0
  • Tax Lot: 11

MLS Schools

  • Elementary School: Harry James
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jun 4, 2020
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Zach Four Llc
Seller's Agent
Kevin Randesi
804 Real Estate, LLC
Buyer's Agent
James Martin
Lifelong Realty Inc
List Price
$41,000
Sold Price
$47,750
Premium/Discount to List
$6,750
16.46%
Current Estimated Value
$180,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,946
Avg. Annual Appreciation
28.06%

Purchase Details

Closed on
Oct 9, 2019
Sold by
Equity Trustees Llc
Bought by
Wilmington Savings Fund Society Fsb
Source: Public Records

Range of Values:

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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
Zach Four Llc $47,750 Attorney
Wilmington Savings Fund Society Fsb $75,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $47,750 +16.5% $48 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $41,000 -- $41 / 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 $1,305 $111,500 $16,200 $95,300
2023 $1,231 $108,900 $15,000 $93,900
2022 $899 $79,600 $12,500 $67,100
2021 $899 $79,600 $12,500 $67,100
2020 $859 $76,000 $12,500 $63,500
2019 $429 $76,000 $12,500 $63,500
2018 $352 $62,300 $11,900 $50,400
2017 $704 $62,300 $11,900 $50,400
2016 $712 $63,000 $11,900 $51,100
2015 $356 $63,000 $11,900 $51,100
2014 $529 $63,600 $11,900 $51,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2012618

Central Virginia Regional MLS

APN: 125-0030