NOT LISTED FOR SALE

1700 Palm Grove Terrace Henrico, VA 23228

Laurel Neighborhood

Estimated Value: $378,000 - $427,000

3 Beds
2 Baths
1,464 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $260,000 $178 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,407/month

2 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • 2 Car Detached Garage
  • Wood Flooring
  • High Ceiling
  • 2-minute walk to Children Park

About This Home

As of April 2019

This 3-bedroom, 2-bath, maintenance-free home is located on the corner of a small cul-de-sac. Inside you are greeted by beautiful hardwood floors that extend through the foyer, living room, dining room & hall. Dining room is lovely with decorative wood trim. Fireplace runs off natural gas – no need to deal with pesky propane tanks! Large eat-in kitchen with tons of cabinets and “to die for” counter space. Gorgeous pendant lights over the breakfast bar and a double window for lots of natural light. Master bedroom has a large walk-in closet & ensuite bath with double sinks. Two more bedrooms (one with a small walk-in closet) and a hall bath with ceramic tile floor completes the inside. Back deck has been freshly painted. The yard is flat & ready for you to add a playset, pool, or garden. Paved driveway leads to custom-built, oversized 2-car detached garage. With 576 sq ft of finished space you can use it to store your biggest toys or treat it as a workshop or hangout space. Don’t miss the additional pull-down attic storage above! Centrally located – just 10 min to shopping & dining at Virginia Center Commons AND Staples Mill. OR, head 10 min south and check out Bryan Park.

Last Agent to Sell the Property

Lisa DeFrancesco

United Real Estate Richmond License #0225196237 Listed on: 03/27/2019

United Real Estate Richmond

Last Buyer's Agent

Richard Eason

EXP Realty LLC License #0225219407

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 2010

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 70x143x98x136
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Zoning described as R3AC

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Dry Walled Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Fireplace
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Trevvett Elementary School
  • Brookland Middle School
  • Hermitage High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Cedar Grove Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 777-760-8883

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,031

Year Built

Built in 2010

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2010
  • Property Attached Yn: No
  • Lot Size Acres: 0.2634
  • Lot Size: 70x143x98x136
  • Ownership: Individuals
  • Subdivision Name: Cedar Grove
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Smooth Cooktop, Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Laminate Counters, Walk-In Closet(s)
  • Living Area: 1464.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Cleared, Cul-De-Sac, Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Patio And Porch Features: Front Porch, Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Finished Garage, Garage, Garage Door Opener, Off Street, Oversized, Paved, Two Spaces, Storage

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)
  • Association Fee: 295.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Middle Or Junior School: Brookland

Lot Info

  • Parcel Number: 777-760-8883
  • Zoning Description: R3AC
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2031.0
  • Tax Lot: 9

MLS Schools

  • Elementary School: Trevvett
  • High School: Hermitage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 17, 2019
Sold by
Walker Kenneth C
Bought by
Sharma Vikas
Seller's Agent
Lisa DeFrancesco
United Real Estate Richmond
Buyer's Agent
Richard Eason
EXP Realty LLC
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$404,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,235
Avg. Annual Appreciation
6.94%
Original Mortgage
$208,000
Outstanding Balance
$182,869
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$221,366

Purchase Details

Closed on
Aug 2, 2010
Sold by
Windsor Enterprises Corp
Bought by
The Hicks Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,200
Interest Rate
4.73%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sharma Vikas $260,000 Virginia Title & Escrow Llc
The Hicks Company Inc $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Vikas $208,000
Previous Owner The Hicks Company Inc $179,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $260,000 0.0% $178 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $260,000 -- $178 / 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 $3,028 $345,600 $70,000 $275,600
2024 $3,028 $329,800 $70,000 $259,800
2023 $2,803 $329,800 $70,000 $259,800
2022 $2,589 $304,600 $66,000 $238,600
2021 $2,340 $256,300 $60,000 $196,300
2020 $2,230 $256,300 $60,000 $196,300
2019 $2,158 $248,100 $60,000 $188,100
2018 $2,031 $233,500 $60,000 $173,500
2017 $2,017 $231,800 $60,000 $171,800
2016 $1,868 $214,700 $60,000 $154,700
2015 $1,746 $206,600 $55,000 $151,600
2014 $1,746 $200,700 $55,000 $145,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1909389

Central Virginia Regional MLS

APN: 777-760-8883