M
Seller's Agent in 2017
Martha Chapman
Long & Foster
(804) 337-9714
1 Total Sale
1507 Westwood Ave Richmond, VA 23227
Sherwood Park NeighborhoodEstimated Value: $593,000 - $696,000
3
Beds
1.5
Baths
2,292
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Dutch Colonial Architecture
- Wood Flooring
- Solid Surface Countertops
- Open High School Rated A+
- Separate Formal Living Room
- 4-minute walk to Chrysalis Institute Outdoor Labyrinth
About This Home
As of June 2017Welcome home to this well maintained brick Dutch Colonial with a slate roof surrounded by a beautiful professionally landscaped exterior! The graceful arches, original built in bookcases and handsome hardwood floors are wonderful features. There is plenty of living space in the light filled living room/fp, huge finished basement recreation room, office and Florida room. Meal preparation is a breeze in the recently renovated kitchen with white shaker cabinetry, solid surface counter tops and stainless steel appliances. The living is easy outdoors with both a front and rear patio plus a second floor balcony so you can star gaze or watch the firework displays from The Diamond. Off street parking in the alley behind the home is a huge plus! This gem is an incredible opportunity not to be missed at the attractive price of $362,500.00.
Last Agent to Sell the Property
Long & Foster REALTORS License #0225047614 Listed on: 04/02/2017
Co-Listed By
Linda Chance
Long & Foster REALTORS License #0225128336
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,772
Year Built
- Built in 1950
Lot Details
- 9,919 Sq Ft Lot
- Property fronts an alley
- Partially Fenced Property
- Privacy Fence
- Zoning described as R-3
Parking
- Off-Street Parking
Home Design
- Dutch Colonial Architecture
- Brick Exterior Construction
- Slate Roof
Interior Spaces
- 2,292 Sq Ft Home
- 2-Story Property
- Built-In Features
- Bookcases
- Ceiling Fan
- Recessed Lighting
- Wood Burning Fireplace
- Fireplace Features Masonry
- Separate Formal Living Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Balcony
- Patio
- Shed
- Rear Porch
Schools
- Holton Elementary School
- Henderson Middle School
- Thomas Jefferson High School
Utilities
- Zoned Heating and Cooling
- Radiator
- Heating System Uses Oil
- Heat Pump System
- Water Heater
Community Details
- Sherwood Park Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number N000-1225-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2017
Closed on
Jun 5, 2017
Sold by
Chapman Michael C and Chapman Catherine C
Bought by
Norkus Joseph M and Norkus Susan M
Seller's Agent
Martha Chapman
Long & Foster REALTORS
Buyer's Agent
Deborah Miller
Long & Foster REALTORS
List Price
$362,500
Sold Price
$381,000
Premium/Discount to List
$18,500
5.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,366
Avg. Annual Appreciation
6.43%
Original Mortgage
$304,800
Outstanding Balance
$253,599
Interest Rate
4.03%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$390,767
Purchase Details
Closed on
Aug 16, 2007
Sold by
Boltz Theresa
Bought by
Chapman Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,825
Interest Rate
6.67%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norkus Joseph M | $381,000 | Attorney | |
| Chapman Michael | $253,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Norkus Joseph M | $304,800 | |
| Previous Owner | Chapman Michael | $240,825 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/12/2017 06/12/17 | Sold | $381,000 | +5.1% | $166 / Sq Ft |
| 04/09/2017 04/09/17 | Pending | -- | -- | -- |
| 04/02/2017 04/02/17 | For Sale | $362,500 | -- | $158 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $5,976 | $498,000 | $160,000 | $338,000 |
| 2024 | $5,844 | $487,000 | $150,000 | $337,000 |
| 2023 | $5,460 | $455,000 | $130,000 | $325,000 |
| 2022 | $4,752 | $396,000 | $90,000 | $306,000 |
| 2021 | $4,416 | $375,000 | $70,000 | $305,000 |
| 2020 | $4,416 | $368,000 | $70,000 | $298,000 |
| 2019 | $4,236 | $353,000 | $70,000 | $283,000 |
| 2018 | $3,804 | $317,000 | $70,000 | $247,000 |
| 2017 | $3,000 | $250,000 | $60,000 | $190,000 |
| 2016 | $2,772 | $231,000 | $55,000 | $176,000 |
| 2015 | $2,628 | $229,000 | $55,000 | $174,000 |
| 2014 | $2,628 | $219,000 | $55,000 | $164,000 |
Source: Public Records
Agents Affiliated with this Home
-
Martha Chapman
-
L
Seller Co-Listing Agent in 2017
Linda Chance
Long & Foster
-
Deborah Miller
D
Buyer's Agent in 2017
Deborah Miller
Long & Foster
21 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 1711585
APN: N000-1225-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
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