NOT LISTED FOR SALE

1505 Central Ave Hopewell, VA 23860

Estimated Value: $152,000 - $194,000

3 Beds
1 Bath
919 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 20, 2017

Last sale price $50,500 $55 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $983/month

8 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Shed
  • Cottage
  • Eat-In Kitchen
  • 4-minute walk to Arlington Park

About This Home

As of February 2017

***PRICED TO SELL QUICKLY*** Investors or first time home buyers, Excellent time to buy! Cottage/Bungalow, vinyl sided, 3 bedrooms, 1 bath, eat-in kitchen, great room, replacement windows, 200 amp service - heat pump, electric water heater, hard wood floors, fenced rear yard, access panel for storage and a separate exterior detached storage shed.

Last Agent to Sell the Property

Elizabeth Abernathy

Parr & Abernathy Realty, Inc. License #0225111836 Listed on: 01/24/2017

Last Buyer's Agent

Joyce Navary

Weichert Brockwell & Associate License #0225178982

Weichert Brockwell & Associate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1954

Lot Details

  • 7,074 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R2

Parking

  • No Garage

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 919 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Front Porch
  • Stoop

Schools

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

Utilities

  • Central Air
  • Hot Water Heating System
  • Water Heater

Community Details

  • Hopewell Terrace Subdivision

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 047-1395

Home Details

Home Type

Single Family

Est. Annual Taxes

$831

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1954
  • Property Attached Yn: No
  • Lot Size Acres: 0.1624
  • Lot Size: 0.1624
  • Ownership: Estate
  • Subdivision Name: Hopewell Terrace
  • Architectural Style: Bungalow, Cottage
  • 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: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen
  • Living Area: 919.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Chain Link, Fenced
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding, Wood Siding
  • Exterior Features: Storage, Shed
  • Patio And Porch Features: Front Porch, Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Heating: Electric, Hot Water
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 047-1395
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 831.0
  • Tax Lot: C

MLS Schools

  • Elementary School: Harry James
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2017
Closed on
Feb 14, 2017
Sold by
The Estate Of Woodrow Sampson Sutherland and Buchanan Ii James F
Bought by
Lin Sai Zhen
Seller's Agent
Elizabeth Abernathy
Parr & Abernathy Realty, Inc.
Buyer's Agent
Joyce Navary
Weichert Brockwell & Associate
List Price
$50,000
Sold Price
$50,500
Premium/Discount to List
$500
1%
Current Estimated Value
$166,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,013
Avg. Annual Appreciation
15.49%
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 Buyer Sale Price Title Company
Lin Sai Zhen $50,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutherland Woodrow S $43,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2017 02/20/17 Sold $50,500 +1.0% $55 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $50,000 -- $54 / 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 $1,154 $98,600 $15,000 $83,600
2023 $941 $83,300 $13,600 $69,700
2022 $728 $64,400 $13,600 $50,800
2021 $728 $64,400 $13,600 $50,800
2020 $681 $60,300 $13,600 $46,700
2019 $681 $60,300 $13,600 $46,700
2018 $802 $71,000 $15,300 $55,700
2017 $802 $71,000 $15,300 $55,700
2016 $831 $73,500 $15,300 $58,200
2015 $831 $73,500 $15,300 $58,200
2014 $1,235 $74,200 $15,300 $58,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1702735

Central Virginia Regional MLS

APN: 047-1395