NOT LISTED FOR SALE

1604 E Laburnum Ave Richmond, VA 23222

Estimated Value: $191,000 - $273,000

3 Beds
1 Bath
1,240 Sq Ft
$188/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $60,000 $48 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $1,373/month

12 Days on Market

Highlights

  • 0.5 Acre Lot
  • Side Porch
  • Level Lot
  • Wood Flooring
  • Central Air
  • Heating System Uses Oil

About This Home

As of January 2016

This home is located at 1604 E Laburnum Ave, Richmond, VA 23222 since 28 December 2015 and is currently estimated at $232,805, approximately $187 per square foot. This property was built in 1937. 1604 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.

Last Agent to Sell the Property

Daniel Nieding

New Market Realty License #0225093722 Listed on: 12/28/2015

Last Buyer's Agent

Greg Maples

Ralph Samuels & Assoc, Inc License #0225126193

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1937

Lot Details

  • 0.5 Acre Lot
  • Level Lot
  • Zoning described as R-3

Home Design

  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Outbuilding
  • Side Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 800-736-1397

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1937
  • Property Attached Yn: No
  • Lot Size Acres: 0.5002
  • Exclusions: NONE
  • Ownership: REO
  • Subdivision Name: None
  • 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: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Pantry
  • Living Area: 1240.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Aluminum Siding, Frame
  • Exterior Features: Out Building(s), Unpaved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Side Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, No Garage, Unpaved

Utilities

  • Heating: Oil, Radiant
  • 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: 800-736-1397
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 739.5

MLS Schools

  • Elementary School: Glen Lea
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2015
Closed on
Jan 21, 2016
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Lacks Cornelius
Seller's Agent
Daniel Nieding
New Market Realty
Buyer's Agent
Greg Maples
Ralph Samuels & Assoc, Inc
List Price
$56,000
Sold Price
$60,000
Premium/Discount to List
$4,000
7.14%
Current Estimated Value
$232,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,805
Avg. Annual Appreciation
15.35%

Purchase Details

Closed on
Jul 20, 2015
Sold by
Professional Foreclosure Corp
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Aug 13, 1997
Sold by
Lyne Mary B
Bought by
Zamora Haydee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,395
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 1997
Sold by
Bilmond Charles W
Bought by
Lyne Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,395
Interest Rate
7.56%
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
Lacks Cornelius $60,000 None Available
Jpmorgan Chase Bank Na $51,350 --
Zamora Haydee $58,000 --
Lyne Mary B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyne Mary B $63,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $60,000 +7.1% $48 / Sq Ft
01/09/2016 01/09/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $56,000 -- $45 / 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 $1,287 $145,000 $32,300 $112,700
2024 $1,287 $139,400 $30,400 $109,000
2023 $1,185 $139,400 $30,400 $109,000
2022 $835 $103,100 $28,500 $74,600
2021 $850 $92,200 $22,800 $69,400
2020 $802 $92,200 $22,800 $69,400
2019 $786 $90,400 $22,800 $67,600
2018 $763 $87,700 $22,800 $64,900
2017 $740 $85,000 $20,900 $64,100
2016 $740 $85,000 $20,900 $64,100
2015 $740 $85,000 $20,900 $64,100
2014 $740 $85,000 $20,900 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1532563

Central Virginia Regional MLS

APN: 800-736-1397