NOT LISTED FOR SALE

Estimated Value: $228,000 - $240,554

4 Beds
1 Bath
1,181 Sq Ft
$197/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $220,000 $186 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,421/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Heating Available
  • Open High School Rated A+
  • Central Air
  • 1-Story Property

About This Home

As of September 2023

Welcome to 1507 Silver Ave, a charming 4-bedroom, 1-bathroom house located in the heart of Richmond City. This delightful home offers a perfect blend of classic style and modern convenience. Upon entering the property, you will immediately notice the cozy and welcoming atmosphere, with hardwood flooring throughout the main living areas. The spacious living room is flooded with natural light, providing an airy and bright ambiance for you to relax and unwind. The kitchen has been tastefully updated, with modern appliances, making meal preparation a breeze. The bedrooms are generously sized, providing ample space for a growing family or overnight guests. Outside, you'll find a large backyard that provides plenty of space for outdoor entertaining, gardening, or simply relaxing in the sunshine. The deck is the perfect spot to enjoy a cup of coffee in the morning or to unwind after a long day. Located in a highly desirable neighborhood, this property is just minutes away from a wide range of local amenities, including shops, restaurants, and entertainment options. Don't miss your chance to make this lovely house your new home!

Last Agent to Sell the Property

Stephanie booker

Real Broker LLC License #0225224670 Listed on: 07/24/2023

Real Broker LLC

Last Buyer's Agent

Adnana Dubcak

Compass License #0225248091

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,524

Year Built

  • Built in 1950

Lot Details

  • 7,100 Sq Ft Lot
  • Zoning described as R-5

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,181 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Oak Grove Elementary School
  • Boushall Middle School
  • Richmond High School For The Arts

Utilities

  • Central Air
  • Heating Available

Community Details

  • Southside Gardens Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number S007-1333-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,524

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Property Attached Yn: No
  • Lot Size Acres: 0.163
  • Ownership: Individuals
  • Subdivision Name: Southside Gardens
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • 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

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1181.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

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

Schools

  • Middle Or Junior School: Boushall

Lot Info

  • Parcel Number: S007-1333-004
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1524.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Oak Grove
  • High School: Richmond High School for the Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 29, 2023
Sold by
Richmond Wholesale Deals Llc
Bought by
Williams Casaundra H
Seller's Agent
Stephanie booker
Real Broker LLC
Buyer's Agent
Adnana Dubcak
Compass
List Price
$220,000
Sold Price
$220,000
Views
136
Current Estimated Value
$233,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,139
Avg. Annual Appreciation
2.58%
Original Mortgage
$7,700
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2023
Sold by
Miles Beverly
Bought by
Richmond Wholesale Deals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2012
Sold by
Secy Of H U D
Bought by
Miles Beverly

Purchase Details

Closed on
Oct 11, 2011
Sold by
Citimortgage Inc
Bought by
Secy Of H U D

Purchase Details

Closed on
Jun 9, 2011
Sold by
Wittstadt Title & Escrow Co
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 4, 1998
Bought by
Lane Ebony and Whitted Amrquis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,450
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1997
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Jul 8, 1996
Sold by
Brown Irene B
Bought by
Penn Jervis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,235
Interest Rate
7.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Casaundra H $220,000 Amtrust Title
Richmond Wholesale Deals Llc $150,000 Old Republic National Title
Miles Beverly $25,159 --
Secy Of H U D -- --
Citimortgage Inc $85,204 --
Lane Ebony -- --
Secretary Of Housing And Urban Dev $45,000 --
Penn Jervis A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Williams Casaundra H $7,700
Open Williams Casaundra H $216,015
Previous Owner Richmond Wholesale Deals Llc $150,000
Previous Owner Penn Jervis A $55,450
Previous Owner Penn Jervis A $40,235
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $220,000 0.0% $186 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $220,000 -- $186 / 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 $2,436 $204,000 $55,000 $149,000
2024 $2,436 $203,000 $45,000 $158,000
2023 $1,524 $127,000 $36,000 $91,000
2022 $1,284 $107,000 $36,000 $71,000
2020 $756 $63,000 $10,000 $53,000
2019 $648 $54,000 $10,000 $44,000
2018 $624 $52,000 $10,000 $42,000
2017 $624 $52,000 $10,000 $42,000
2016 $624 $52,000 $10,000 $42,000
2015 $936 $50,000 $10,000 $40,000
2014 $936 $50,000 $10,000 $40,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2317773

Central Virginia Regional MLS

APN: S007-1333-004