NOT LISTED FOR SALE

1600 Selma Place Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $422,141 - $439,000

4 Beds
3 Baths
2,570 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $340,000 $132 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,546/month

About This Home

As of May 2021

This home is located at 1600 Selma Place, Richmond, VA 23223 and is currently estimated at $431,285, approximately $167 per square foot. 1600 Selma Place is a home located in Henrico County with nearby schools including Harvie Elementary School, Fairfield Middle School, and Highland Springs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Apr 6, 2021
Sold by
Washington Joyce
Bought by
Peterson Jason
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Boyd Grainger
Pearson Smith Realty, LLC
List Price
$320,000
Sold Price
$340,000
Premium/Discount to List
$20,000
6.25%
Current Estimated Value
$425,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,439
Avg. Annual Appreciation
5.32%
Original Mortgage
$347,820
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Jul 8, 2004
Sold by
Nvr Inc
Bought by
Washington Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,852
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2004
Sold by
Wilton Development
Bought by
Nvr Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Peterson Jason $340,000 Attorney
Washington Joyce $242,315 --
Nvr Inc $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Jason $358,021
Closed Peterson Jason $347,820
Previous Owner Washington Joyce $193,852
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 For Sale $320,000 -5.9% $125 / Sq Ft
05/12/2021 05/12/21 Sold $340,000 0.0% $132 / Sq Ft
05/12/2021 05/12/21 Sold $340,000 +6.3% $132 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/03/2021 03/03/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $320,000 -- $125 / Sq Ft

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 -- $348,500 $55,000 $293,500
2024 -- $338,400 $55,000 $283,400
2023 $2,599 $338,400 $55,000 $283,400
2022 $2,599 $305,800 $50,000 $255,800
2021 $2,358 $261,000 $40,000 $221,000
2020 $2,271 $261,000 $40,000 $221,000
2019 $2,011 $231,200 $40,000 $191,200
2018 $1,920 $220,700 $40,000 $180,700
2017 $1,841 $211,600 $36,000 $175,600
2016 $1,732 $199,100 $36,000 $163,100
2015 $1,732 $199,100 $36,000 $163,100
2014 $1,732 $199,100 $36,000 $163,100
Source: Public Records

Agents Affiliated with this Home

  • d

    Seller's Agent in 2021

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image
  • Mary Jordan

    Seller's Agent in 2021

    Mary Jordan

    United Real Estate Richmond

    (540) 683-9347

    1 in this area

    110 Total Sales

    Section Image
  • Boyd Grainger

    Buyer's Agent in 2021

    Boyd Grainger

    Pearson Smith Realty, LLC

    (301) 643-6446

    1 in this area

    332 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NON MLS USER MLS

    NON MLS OFFICE

See All Agents

Map

Virginia Henrico County Richmond 23223 Fairfield

1600 Selma Place, Richmond, VA

This home is located at 1600 Selma Place, Richmond, VA 23223 and is currently estimated at $431,285, approximately $167 per square foot. 1600 Selma Place is a home located in Henrico County with nearby schools including Harvie Elementary School, Fairfield 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.

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