NOT LISTED FOR SALE

1509 E Laburnum Ave Richmond, VA 23222

Estimated Value: $188,000 - $255,000

3 Beds
1 Bath
972 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $155,500 $160 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,288/month

5 Days on Market

Highlights

  • Wood Flooring
  • Accessibility Features
  • Forced Air Heating and Cooling System
  • Accessible Approach with Ramp
  • Shed
  • 1-Story Property

About This Home

As of July 2022

Welcome to 1509 E Laburnum Avenue, located in Henrico Virginia. This 3 bedroom, 1 bathroom home features 972 square feet and rests on 0.24 acres. Built In 1958 this home is full of character and charm, and waiting for the right investor or buyer to add your personal touch! Conveniently located to downtown Richmond and surrounding counties this home is on the bus line and makes traveling to and from local dining and shopping a breeze and is only a short drive to and from the Richmond Raceway Complex. Don’t miss your opportunity to own this amazing home.
Property Is Priced for Condition

Last Agent to Sell the Property

Marcea Marsh

EXP Realty LLC License #0225238327 Listed on: 05/02/2022

EXP Realty LLC

Last Buyer's Agent

James Martin

Lifelong Realty Inc License #0225226533

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $865

Year Built

  • Built in 1958

Lot Details

  • 10,454

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 972 Sq Ft Home
  • 1-Story Property
  • Oven

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp

Schools

  • Glen Lea Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Additional Features

  • Shed
  • 10,454 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Lynn Grove Subdivision

Listing and Financial Details

  • Tax Lot 0.2402
  • Assessor Parcel Number 7997367282

Home Details

Home Type

Single Family

Est. Annual Taxes

$865

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Property Attached Yn: No
  • Lot Size Acres: 0.24
  • Water Body Name: no
  • Ownership: Individuals
  • Subdivision Name: Lynn Grove
  • 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: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Oven, Refrigerator
  • Accessibility Features: Accessibility Features, Accessible Approach with Ramp
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 972.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Storage, Shed
  • Other Structures: Shed(s)
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 7997367282
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 865.0
  • Tax Lot: 0.2402

MLS Schools

  • Elementary School: Glen Lea
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 10, 2022
Sold by
Larita Jones
Bought by
Zach Four Llc
Seller's Agent
Marcea Marsh
EXP Realty LLC
Buyer's Agent
James Martin
Lifelong Realty Inc
List Price
$135,000
Sold Price
$155,500
Premium/Discount to List
$20,500
15.19%
Current Estimated Value
$217,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,722
Avg. Annual Appreciation
9.10%
Original Mortgage
$116,250
Outstanding Balance
$111,079
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$93,658
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $155,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zach Four Llc $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $155,500 +15.2% $160 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $135,000 -- $139 / 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 $1,576 $164,600 $34,200 $130,400
2024 $1,576 $149,000 $30,400 $118,600
2023 $1,267 $149,000 $30,400 $118,600
2022 $931 $109,500 $28,500 $81,000
2021 $750 $95,800 $20,900 $74,900
2020 $750 $95,800 $20,900 $74,900
2019 $750 $94,000 $20,900 $73,100
2018 $0 $91,400 $20,900 $70,500
2017 $0 $87,100 $20,900 $66,200
2016 $750 $86,200 $20,900 $65,300
2015 $750 $86,200 $20,900 $65,300
2014 $750 $86,200 $20,900 $65,300
Source: Public Records

Agents Affiliated with this Home

  • Marcea Marsh

    Seller's Agent in 2022

    Marcea Marsh

    EXP Realty LLC

    (804) 564-1788

    1 in this area

    17 Total Sales

    Marcea Marsh
    Section Image
  • James Martin

    Buyer's Agent in 2022

    James Martin

    Lifelong Realty Inc

    (804) 855-8485

    1 in this area

    29 Total Sales

    James Martin
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2211620

Central Virginia Regional MLS

APN: 799-736-7282

Virginia Henrico County Richmond 23222

1509 E Laburnum Ave, Richmond, VA

This home is located at 1509 E Laburnum Ave, Richmond, VA 23222 since 02 May 2022 and is currently estimated at $217,222, approximately $223 per square foot. This property was built in 1958. 1509 E Laburnum Ave is a home located in Henrico County with nearby schools including Glen Lea Elementary School, L. Douglas Wilder Middle, and Henrico High.

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.

Central Virginia Regional MLS 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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