NOT LISTED FOR SALE

16 N New Ave Henrico, VA 23075

Estimated Value: $201,590 - $244,000

2 Beds
1 Bath
1,008 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $65,000 $64 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,264/month

176 Days on Market

Highlights

  • Cottage
  • Central Air
  • 1-Story Property
  • Front Porch
  • Heat Pump System

About This Home

As of May 2016

Great investment home. This bungalow style home offer 2 bedrooms, dining room, large laundry room. Central heat and air. House is tenant occupied. Tenant will move by 3/5/16. House is listed under appraised value and will be sold in "as is" condition.

Last Agent to Sell the Property

Silvia Johnson

Long & Foster REALTORS License #0225065057 Listed on: 10/22/2015

Long & Foster REALTORS

Last Buyer's Agent

Jeff Paris

Monument Realty Group LLC License #0225048801

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $640

Year Built

  • Built in 1920

Lot Details

  • 5,667 Sq Ft Lot
  • Zoning described as R-4

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Front Porch

Schools

  • Fair Oaks Elementary School
  • Elko Middle School
  • Highland Springs

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Highland Springs Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 824-723-2652

Home Details

Home Type

Single Family

Est. Annual Taxes

$640

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1920
  • Property Attached Yn: No
  • Lot Size Acres: 0.1301
  • Ownership: Individuals
  • Subdivision Name: Highland Springs
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1008.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Disclosures: Disclosure on File
  • Construction Type: Aluminum Siding, Frame
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

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

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Parcel Number: 824-723-2652
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 639.76
  • Tax Lot: 20

MLS Schools

  • Elementary School: Fair Oaks
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Sollitto Carol P
Bought by
Sollitto Carol P and Powers Gordon Edward
Current Estimated Value
$214,648

Purchase Details

Listed on
Oct 22, 2015
Closed on
May 26, 2016
Sold by
Huckaby Rosalyn
Bought by
Sollitto Carol P and Sollitto Frank D
Seller's Agent
Silvia Johnson
Long & Foster REALTORS
Buyer's Agent
Jeff Paris
Monument Realty Group LLC
List Price
$72,000
Sold Price
$65,000
Premium/Discount to List
-$7,000
-9.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Original Mortgage
$48,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2012
Closed on
Jul 25, 2012
Sold by
Sec Of Hud
Bought by
Huckaby Rosalyn
Seller's Agent
Martha Gillis
R E Consumer Service Bureau
Buyer's Agent
Kelly Lunderman
Real Living Eudailey Real Est
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$54,003
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2012
Sold by
White Subtr Samuel I and Gerbino Michael J
Bought by
Sec Of Hud

Purchase Details

Closed on
Aug 27, 2007
Sold by
O'York Steven M
Bought by
Gerbino Michael J and Kaestner,Courtney J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,520
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1997
Sold by
Murphy Kenneth R and Murphy M
Bought by
O'York Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
7.8%
Mortgage Type
FHA
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
Sollitto Carol P -- None Listed On Document
Sollitto Carol P -- None Listed On Document
Sollitto Carol P $65,000 Attorney
Huckaby Rosalyn $55,000 --
Sec Of Hud $143,428 --
Gerbino Michael J $131,900 --
O'York Steven M $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sollitto Carol P $48,750
Previous Owner Huckaby Rosalyn $54,003
Previous Owner Gerbino Michael J $105,520
Previous Owner O'York Steven M $58,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2016 05/31/16 Sold $65,000 -9.7% $64 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $72,000 +30.9% $71 / Sq Ft
07/30/2012 07/30/12 Sold $55,000 0.0% $55 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Pending -- -- --
05/11/2012 05/11/12 For Sale $55,000 -- $55 / 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 $1,468 $154,900 $32,500 $122,400
2024 $1,468 $140,100 $28,500 $111,600
2023 $1,205 $140,100 $28,500 $111,600
2022 $976 $119,000 $28,500 $90,500
2021 $919 $92,400 $20,500 $71,900
2020 $813 $92,400 $20,500 $71,900
2019 $739 $84,000 $18,000 $66,000
2018 $701 $79,700 $18,000 $61,700
2017 $627 $71,200 $18,000 $53,200
2016 $659 $74,900 $18,000 $56,900
2015 $640 $72,700 $22,000 $50,700
2014 $640 $72,700 $22,000 $50,700
Source: Public Records

Agents Affiliated with this Home

  • Silvia Johnson

    Seller's Agent in 2016

    Silvia Johnson

    Long & Foster

    (804) 536-2462

    70 Total Sales

    Silvia Johnson
    Section Image

  • J

    Buyer's Agent in 2016

    Jeff Paris

    Monument Realty Group LLC

    (804) 641-4110

    12 in this area

    68 Total Sales

    Jeff Paris
    Section Image
  • Martha Gillis

    Seller's Agent in 2012

    Martha Gillis

    R E Consumer Service Bureau

    (804) 262-2226

    4 Total Sales

    Martha Gillis
    Section Image

  • K

    Buyer's Agent in 2012

    Kelly Lunderman

    Real Living Eudailey Real Est

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1529015

Central Virginia Regional MLS

APN: 824-723-2652

Virginia Henrico County Henrico 23075

16 N New Ave, Henrico, VA

This home is located at 16 N New Ave, Henrico, VA 23075 since 22 October 2015 and is currently estimated at $214,648, approximately $212 per square foot. This property was built in 1920. 16 N New Ave is a home located in Henrico County with nearby schools including Fair Oaks Elementary School, Elko Middle School, and Highland Springs High School.

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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