NOT LISTED FOR SALE

16 N Grove Ave Henrico, VA 23075

Estimated Value: $243,000 - $277,000

3 Beds
1 Bath
1,232 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $129,000 $105 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,563/month

82 Days on Market

Highlights

  • Wood Flooring
  • Heating Available
  • 1-Story Property
  • Central Air

About This Home

As of November 2017

Excellent opportunity for first time home buyer or investor! Wonderful home on a large lot in a convenient location to restaurants, stores and highways. This 3 bedroom, 1 bathroom rancher features large living and dining room area.

Last Agent to Sell the Property

Derrick Marlow

United Real Estate Richmond License #0225221673 Listed on: 07/19/2017

United Real Estate Richmond

Last Buyer's Agent

Christie Lomax

Virginia Capital Realty License #0225089692

Virginia Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $920

Year Built

  • Built in 1940

Lot Details

  • 8,703 Sq Ft Lot
  • Zoning described as R4

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Highland Springs Elementary School
  • Fairfield Middle School
  • Highland Springs

Utilities

  • Central Air
  • Heating Available

Community Details

  • Highland Springs Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 822-725-9509

Home Details

Home Type

Single Family

Est. Annual Taxes

$920

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Property Attached Yn: No
  • Lot Size Acres: 0.1998
  • Ownership: Individuals
  • Subdivision Name: Highland Springs
  • 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: Wood
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1232.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Middle Or Junior School: Fairfield

Lot Info

  • Parcel Number: 822-725-9509
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 920.0
  • Tax Lot: 20

MLS Schools

  • Elementary School: Highland Springs
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Nov 20, 2017
Sold by
Coleman Cholon A
Bought by
Watson Michael A
Seller's Agent
Derrick Marlow
United Real Estate Richmond
Buyer's Agent
Christie Lomax
Virginia Capital Realty
List Price
$135,000
Sold Price
$129,000
Premium/Discount to List
-$6,000
-4.44%
Current Estimated Value
$263,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,817
Avg. Annual Appreciation
9.39%
Original Mortgage
$12,200
Outstanding Balance
$10,231
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$253,586

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 6, 2013
Sold by
Carmel Properties Llc
Bought by
Coleman Cholon A
Seller's Agent
Luke Catron
Samson Properties
Buyer's Agent
WELDON L TAYLOR
Virginia Capital Realty
List Price
$99,900
Sold Price
$99,000
Premium/Discount to List
-$900
-0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$97,140
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2009
Sold by
Duffer Andrew Scott
Bought by
Mcneal Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,754
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2007
Sold by
Freeman Phyllis Long
Bought by
Duffer Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.24%
Mortgage Type
New Conventional
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
Watson Michael A $129,000 Homeland Escrow
Coleman Cholon A $99,900 --
Mcneal Katherine A $124,000 --
Duffer Andrew S $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Michael A $12,200
Previous Owner Coleman Cholon A $97,140
Previous Owner Mcneal Katherine A $121,754
Previous Owner Duffer Andrew S $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2017 11/29/17 Sold $129,000 -2.6% $105 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/28/2017 09/28/17 Price Changed $132,500 -1.9% $108 / Sq Ft
07/19/2017 07/19/17 For Sale $135,000 +36.4% $110 / Sq Ft
11/04/2013 11/04/13 Sold $99,000 -0.9% $80 / Sq Ft View Prior Sale
10/03/2013 10/03/13 Pending -- -- --
09/27/2013 09/27/13 For Sale $99,900 +149.8% $81 / Sq Ft
09/05/2013 09/05/13 Sold $40,000 0.0% $32 / Sq Ft View Prior Sale
01/29/2013 01/29/13 Pending -- -- --
01/29/2013 01/29/13 For Sale $40,000 -- $32 / 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 $2,071 $232,200 $32,500 $199,700
2024 $2,071 $213,400 $30,000 $183,400
2023 $1,835 $213,400 $30,000 $183,400
2022 $1,545 $179,600 $30,000 $149,600
2021 $1,413 $145,200 $24,000 $121,200
2020 $1,278 $145,200 $24,000 $121,200
2019 $1,177 $133,700 $21,500 $112,200
2018 $1,058 $120,200 $21,500 $98,700
2017 $920 $104,500 $21,500 $83,000
2016 $847 $96,300 $21,500 $74,800
2015 $746 $93,400 $25,500 $67,900
2014 $746 $84,800 $25,500 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1726641

Central Virginia Regional MLS

APN: 822-725-9509