NOT LISTED FOR SALE

1563 Presidential Dr Unit 6 Henrico, VA 23228

Estimated Value: $251,000 - $267,000

3 Beds
2 Baths
1,335 Sq Ft
34.41 Acres

Last Sold August 01, 2014

Last sale price $115,000 $86 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,511/month

About This Home

As of August 2014

This beautiful one-level 3 bed 2 bath condo boasts approximately 1335 SF, inc a sunroom. It is located in a quiet neighborhood in Henrico County. It has been beautifully renovated, and has many many features and upgrades! Some of its many features include 2 full baths with NEW vanities, dining room with chair rail and wainscoting, sunroom with NEW ceramic tile, att rear storage room, NEW laminate hardwood flooring, NEW central heat and A/C (June 2014), Very Nice Front Loader washer/dryer, NEW kitchen counter-tops and bar, all NEW brushed nickel light fixtures including recessed lighting and ceiling fans, NEW outlets and light switches, NEW stainless appliances, energy-efficient windows, NEW ceramic and marble tile flooring in kitchen and bathrooms, NEW carpet, NEW interior paint, and much much more.

Last Agent to Sell the Property

Brandt Smith

Neumann & Dunn Real Estate License #0225193775 Listed on: 04/09/2014

Last Buyer's Agent

Trudy Miller

Virginia Capital Realty License #0225058524

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,985

Year Built

  • 1975

Lot Details

  • 34.41

Home Design

  • Shingle Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Partially Carpeted
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 781-756-5960.077

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,985

Year Built

1975

Lot Details

0

Listing Details

  • Structure: Brick
  • Price Per Finished Sq Ft: 86.14
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1975

Interior Features

  • Flooring: Carpet-Part, Laminate, Marble, Tile
  • Interior: 1st Floor Bedrm W/ Full Bath, Ceiling Fan, Dining Area
  • Number of Rooms: 8
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Porch: Rear
  • Pool Description: Concrete, In Ground
  • Roof: Shingled
  • Siding: Clapboard
  • Wall Type: Drywall

Garage/Parking

  • Garage Type: No Garage
  • Parking: Open Lot

Utilities

  • Heating Fuel: Electric
  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Association/Amenities

  • Amenities: Association, Clubhouse, Common Area, Tennis Court

Fee Information

  • Fee: 179.00
  • Fee Description: Condo Association
  • Fee Period: Monthly

Lot Info

  • Zoning: R-5
  • Parcel Number: 781-756-5960.077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jul 18, 2014
Sold by
Hammond Franklinc
Bought by
Engelking Amy W
Seller's Agent
Brandt Smith
Neumann & Dunn Real Estate
Buyer's Agent
Trudy Miller
Virginia Capital Realty
List Price
$129,000
Sold Price
$115,000
Premium/Discount to List
-$14,000
-10.85%
Current Estimated Value
$257,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,078
Avg. Annual Appreciation
7.41%
Original Mortgage
$92,000
Outstanding Balance
$70,129
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$186,949

Purchase Details

Listed on
Jun 20, 2012
Closed on
Oct 19, 2012
Sold by
Hope 1563 Presidential Dr Cit
Bought by
Hammond Franklin C and Hammond Carolyn E
Seller's Agent
Mike Hogan
The Hogan Group Real Estate
Buyer's Agent
Sherrie Mawyer
The Mawyer Real Estate Group
List Price
$129,900
Sold Price
$121,350
Premium/Discount to List
-$8,550
-6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.02%
Original Mortgage
$119,151
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2012
Sold by
Equity Trustees Llc Subtr and Smith Carolyn G
Bought by
Cfh 1563 Presidential Dr Un E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
4.08%
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
Engelking Amy W $115,000 --
Hammond Franklin C $121,350 --
Cfh 1563 Presidential Dr Un E $70,654 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engelking Amy W $92,000
Previous Owner Hammond Franklin C $119,151
Previous Owner Cfh 1563 Presidential Dr Un E $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2014 08/01/14 Sold $115,000 -10.9% $86 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $129,000 +6.3% $97 / Sq Ft
10/31/2012 10/31/12 Sold $121,350 -6.6% $91 / Sq Ft View Prior Sale
09/22/2012 09/22/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $129,900 -- $97 / 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 $1,985 $211,700 $45,000 $166,700
2024 $1,985 $198,600 $45,000 $153,600
2023 $1,688 $198,600 $45,000 $153,600
2022 $1,451 $170,700 $45,000 $125,700
2021 $1,366 $146,600 $40,000 $106,600
2020 $1,275 $146,600 $40,000 $106,600
2019 $1,141 $131,100 $30,000 $101,100
2018 $1,106 $127,100 $26,000 $101,100
2017 $1,023 $117,600 $26,000 $91,600
2016 $970 $111,500 $24,000 $87,500
2015 $400 $110,300 $24,000 $86,300
2014 $400 $110,300 $24,000 $86,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1409917

Central Virginia Regional MLS

APN: 781-756-5960.077