NOT LISTED FOR SALE

Estimated Value: $907,000 - $1,032,935

4 Beds
4 Baths
2,250 Sq Ft
$442/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $658,500 $293 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,116/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • High Ceiling
  • Open High School Rated A+
  • Separate Formal Living Room
  • Granite Countertops

About This Home

As of September 2019

This home is located at 1505 Confederate Ave, Richmond, VA 23227 since 24 July 2019 and is currently estimated at $994,734, approximately $442 per square foot. This property was built in 1924. 1505 Confederate Ave is a home located in Richmond City with nearby schools including Linwood Holton Elementary School, Henderson Middle School, and John Marshall High School.

Last Agent to Sell the Property

Dennis Garza

Long & Foster REALTORS License #0225088860 Listed on: 07/24/2019

Long & Foster REALTORS

Last Buyer's Agent

Kelly Blanchard

Nest Realty Group License #0225192706

Nest Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 1924

Lot Details

  • 0.42 Acre Lot
  • Historic Home
  • Zoning described as R-2

Parking

  • 2 Car Detached Garage
  • Shared Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Rubber Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Gas Fireplace
  • French Doors
  • Separate Formal Living Room
  • Storm Windows
  • Washer

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Crawl Space

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • Holton Elementary School
  • Henderson Middle School
  • John Marshall High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • Laburnum Park Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number N000-1430-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,920

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1924
  • Property Attached Yn: No
  • Lot Size Acres: 0.4168
  • Ownership: Individuals
  • Subdivision Name: Laburnum Park
  • Architectural Style: Colonial, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Historic
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 596.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Basement: Crawl Space, Partial, Walk-Out Access, Sump Pump
  • Appliances: Gas Cooking, Gas Water Heater, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Gas, Masonry
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom
  • Living Area: 2250.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Other, Rubber
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent
  • Construction Type: Block, Plaster, Stucco
  • Exterior Features: Paved Driveway
  • Other Structures: Garage(s)
  • Patio And Porch Features: Rear Porch, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Paved, Shared Driveway, On Street

Utilities

  • Heating: Hot Water, Natural Gas, Radiator(s)
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-1430-006
  • Zoning Description: R-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4920.0
  • Tax Lot: 6

MLS Schools

  • Elementary School: Holton
  • High School: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2021
Sold by
Loftin Robert W and Loftin Virginia A
Bought by
Loughin David M and Loughin Caitlin A
Current Estimated Value
$994,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$574,682
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$420,052

Purchase Details

Listed on
Jul 24, 2019
Closed on
Aug 27, 2019
Sold by
Garza Dennis R and Garza Sara S
Bought by
Loftin Robert W and Loftin Virginia A
Seller's Agent
Dennis Garza
Long & Foster REALTORS
Buyer's Agent
Kelly Blanchard
Nest Realty Group
List Price
$658,500
Sold Price
$658,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$65,575
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Loughin David M $705,000 Attorney
Loftin Robert W $658,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loughin David M $625,000
Previous Owner Loftin Robert W $65,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2019 09/11/19 Sold $658,500 0.0% $293 / Sq Ft
07/27/2019 07/27/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $658,500 -- $293 / 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 $10,476 $873,000 $210,000 $663,000
2024 $10,344 $862,000 $200,000 $662,000
2023 $8,268 $689,000 $180,000 $509,000
2022 $7,692 $641,000 $135,000 $506,000
2021 $5,436 $615,000 $120,000 $495,000
2020 $5,436 $453,000 $120,000 $333,000
2019 $4,920 $410,000 $110,000 $300,000
2018 $4,668 $389,000 $110,000 $279,000
2017 $4,536 $378,000 $80,000 $298,000
2016 $3,917 $352,000 $75,000 $277,000
2015 $3,478 $350,000 $75,000 $275,000
2014 $3,478 $341,000 $75,000 $266,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1923663

Central Virginia Regional MLS

APN: N000-1430-006