NOT LISTED FOR SALE

Estimated Value: $264,000 - $286,000

3 Beds
2 Baths
1,316 Sq Ft
$208/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $185,000 $141 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,563/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • 1 Car Detached Garage
  • Open High School Rated A+
  • 2 Fireplaces
  • Space Heater

About This Home

As of December 2020

Welcome to 1606 Sewell, a fully restored home featuring 3 bedrooms, 2 baths and 1300SF! This is a Maggie Walker Land Trust Home where the land is kept in a trust and the home is sold to an owner occupant who doesn't own any other real estate and makes under the 80% Average Median Income for the Richmond Area. Purchaser shall receive a $5,000 in buyer assistance grant secured by a 5 year deed of trust at settlement. Both LR and DR have a decorative FP and hardwood floors. Kitchen has SS appliances and cabinets for storage, leading outside to the porch. There is a first floor bedroom with private bath as well as two upstairs bedrooms with closets and a large hall bath to share.

Last Agent to Sell the Property

Matt Jarreau

Hometown Realty License #0225175691 Listed on: 12/03/2020

Last Buyer's Agent

Justin Owen

The Steele Group License #0225197051

The Steele Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1926

Lot Details

  • 7,200 Sq Ft Lot
  • Level Lot
  • Zoning described as R-6

Parking

  • 1 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,316 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Overby-Sheppard Elementary School
  • Henderson Middle School
  • John Marshall High School

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Oil

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number N000-0335-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1926
  • Property Attached Yn: No
  • Lot Size Acres: 0.1653
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Contemporary, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 1316.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Metal
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Plaster, Vinyl Siding, Wood Siding
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Oil, Space Heater
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-0335-006
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 936.0
  • Tax Lot: 15

MLS Schools

  • Elementary School: Overby-Sheppard
  • High School: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Dec 28, 2020
Sold by
Elderhomes Corp
Bought by
Shurte Adrienne Nicole
Seller's Agent
Matt Jarreau
Hometown Realty
Buyer's Agent
Justin Owen
The Steele Group
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Current Estimated Value
$268,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,897
Avg. Annual Appreciation
10.74%
Original Mortgage
$5,000
Outstanding Balance
$4,510
Interest Rate
2.66%
Mortgage Type
New Conventional
Estimated Equity
$291,891

Purchase Details

Closed on
Dec 19, 2018
Sold by
City Of Richmond Virginia
Bought by
Elderhomes Corporation

Purchase Details

Closed on
May 24, 2005
Sold by
Wyatt Frederick M
Bought by
Mcneal Jaime M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Moore Priscilla
Bought by
Wyatt Frederick
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
Shurte Adrienne Nicole $185,000 None Available
The Maggie Walker Community Land Trust $35,000 Attorney
Elderhomes Corporation $41,464 Attorney
Lukanuski Gregory A -- None Available
Mcneal Jaime M $85,000 --
Wyatt Frederick $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shurte Adrienne Nicole $5,000
Closed The Maggie Walker Community Land Trust $5,000
Open Shurte Adrienne Nicole $184,500
Previous Owner Mcneal Jaime M $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $185,000 -2.6% $141 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $190,000 -- $144 / 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 $1,092 $91,000 $91,000 $0
2024 $3,120 $260,000 $84,000 $176,000
2023 $2,676 $223,000 $60,000 $163,000
2022 $2,412 $201,000 $50,000 $151,000
2021 $936 $78,000 $35,000 $43,000
2020 $936 $78,000 $35,000 $43,000
2019 $912 $77,000 $35,000 $42,000
2018 $1,552 $71,000 $30,000 $41,000
2017 $1,096 $68,000 $24,000 $44,000
2016 $1,847 $67,000 $24,000 $43,000
2015 $3,346 $66,000 $24,000 $42,000
2014 $3,346 $66,000 $24,000 $42,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2034950

Central Virginia Regional MLS

APN: N000-0335-006