NOT LISTED FOR SALE

1607 Old Iron Rd Hopewell, VA 23860

Estimated Value: $231,534 - $305,000

4 Beds
2 Baths
1,536 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $170,000 $111 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,580/month

4 Days on Market

Highlights

  • Deck
  • Partially Carpeted
  • Heat Pump System
  • Central Air
  • Wood Siding

About This Home

As of April 2021

This 4 bedroom 2 full bath house makes a great first home or rental property to add to your portfolio. Tenants have moved out and Seller has put in new carpets upstairs in the bedrooms and a brand new roof. Spacious kitchen with a dining area that leads to the back deck overlooking a good sized yard. Just needs a fresh coat of paint to make it your own. Owner is selling this property and all appliances are included and in as is condition. Not a flip property at all, just needs the next owner to add some finishing touches. A lot of house for the money!

Last Agent to Sell the Property

OanhOanh Bacon

Trinity Real Estate License #0225208018 Listed on: 02/05/2021

Last Buyer's Agent

Valissa Fox

United Real Estate Richmond License #0225227817

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1981

Lot Details

  • 8,059

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Laminate Countertops

Flooring

  • Partially Carpeted
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Harry James Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Huntington Section 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 155-0015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,198

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1981
  • Property Attached Yn: No
  • Ownership: Individuals
  • Subdivision Name: Huntington Section 1
  • Architectural Style: Two Story
  • Garage Yn: No
  • 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: Laminate, Partially Carpeted, Vinyl
  • Appliances: Dryer, Electric Cooking, Microwave, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Laminate Counters
  • Living Area: 1536.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Drywall, Frame, Wood Siding
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Utilities

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

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 155-0015
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1198.0

MLS Schools

  • Elementary School: Harry James
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 18, 2021
Sold by
Nguyen Duc
Bought by
Efaw Charlie
Seller's Agent
OanhOanh Bacon
Trinity Real Estate
Buyer's Agent
Valissa Fox
United Real Estate Richmond
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Current Estimated Value
$258,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,134
Avg. Annual Appreciation
10.15%
Original Mortgage
$5,950
Interest Rate
3%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Sep 20, 2019
Closed on
Sep 27, 2019
Sold by
The Bank Of New York Mellon
Bought by
Nguyen Duc
Seller's Agent
Becky Partin
Cole Real Estate, Inc.
Buyer's Agent
Ralph Maggiore
Movement Realty Professionals
List Price
$89,900
Sold Price
$77,000
Premium/Discount to List
-$12,900
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.38%

Purchase Details

Closed on
May 31, 2019
Sold by
Commonwealth Trustees Llc
Bought by
The Bank Of New York Mellon and The Cwabs Inc
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
Efaw Charlie $170,000 Dominion Capital Title
Nguyen Duc $77,000 First Title & Escrow Inc
The Bank Of New York Mellon $147,779 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Efaw Charlie $8,512
Closed Efaw Charlie $8,497
Open Efaw Charlie $18,238
Closed Efaw Charlie $5,950
Open Efaw Charlie $166,920
Previous Owner Bell Albert L $159,600
Previous Owner Bell Albert L $128,244
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $170,000 +3.0% $111 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $165,000 +114.3% $107 / Sq Ft
10/07/2019 10/07/19 Sold $77,000 -14.3% $50 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $89,900 -- $59 / 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 $2,083 $178,000 $26,000 $152,000
2024 $1,863 $159,200 $25,500 $133,700
2023 $1,799 $159,200 $25,500 $133,700
2022 $1,144 $101,200 $23,500 $77,700
2021 $1,144 $101,200 $23,500 $77,700
2020 $1,198 $106,000 $23,000 $83,000
2019 $1,198 $106,000 $23,000 $83,000
2018 $1,206 $106,700 $22,100 $84,600
2017 $1,206 $106,700 $22,100 $84,600
2016 $1,229 $108,800 $22,100 $86,700
2015 $1,229 $108,800 $22,100 $86,700
2014 $1,208 $108,800 $22,100 $86,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2103344

Central Virginia Regional MLS

APN: 155-0015