NOT LISTED FOR SALE

1716 Palm Grove Terrace Henrico, VA 23228

Laurel Neighborhood

Estimated Value: $442,657 - $550,000

3 Beds
2 Baths
1,874 Sq Ft
$258/Sq Ft Est. Value

Last Sold October 26, 2015

Last sale price $264,900 $141 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,871/month

9 Days on Market

Highlights

  • EarthCraft House
  • Wood Flooring
  • Cul-De-Sac
  • Cathedral Ceiling
  • 2 Car Direct Access Garage
  • 3-minute walk to Children Park

About This Home

As of October 2015

Lovely vinyl ranch on .42 acre cul-de-sac lot backing up to woods for privacy, 3 bedrooms and 2 full baths. Features open floor plan, great room with gas fireplace and blower, cathedral ceiling, and ceiling fan. Large eat-in kitchen with chair rail, wainscoting, 42" cherry cabinets with under counter lights, stainless steel microwave, dishwasher, and flat top range, disposal, pantry, bar area, and cathedral ceiling. Large master bedroom with ceiling fan and walk-in closet. Master bath features soaking tub, double marble vanity, and separate shower with seat. Paved driveway goes all the way around to back of house, 2-car attached garage is finished with automatic door opener. Natural gas heat, central air, and tankless hot water heater. This home is a Bain-Waring built EarthCraft certified home with a conditioned crawl space which makes it more energy efficient with low utility bills (average $104.50 a month for gas & electricity combined for past year)! One year 2-10 Mechanical Home Warranty provided.

Last Agent to Sell the Property

Darlene Young

Lighthouse Realty, Inc. License #0225074527 Listed on: 08/18/2015

Last Buyer's Agent

Joy Hanes

Wind Chime Properties License #0225205529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,223

Year Built

  • Built in 2009

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac
  • Zoning described as R-3AC

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Dry Walled Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,874 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Schools

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

Utilities

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

Additional Features

  • EarthCraft House
  • Front Porch

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 777-760-6165

Community Details

Overview

  • Cedar Grove Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,223

Year Built

Built in 2009

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2009
  • Property Attached Yn: No
  • Lot Size Acres: 0.4238
  • Co List Office Mls Id: LIGH01
  • Co List Office Phone: 804-730-5030
  • 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: Carpet, Laminate, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Microwave, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Vented
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Dining Area, Eat-in Kitchen, Main Level Primary, Pantry, Walk-In Closet(s)
  • Living Area: 1874.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Direct Access, Driveway, Finished Garage, Garage, Garage Door Opener, Paved

Utilities

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

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Playground
  • Association Fee: 254.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Middle Or Junior School: Brookland

Lot Info

  • Parcel Number: 777-760-6165
  • Zoning Description: R-3AC
  • ResoLotSizeUnits: Acres

Green Features

  • Green Building Verification Type: EarthCraft Home

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2222.85
  • Tax Lot: 5

MLS Schools

  • Elementary School: Trevvett
  • High School: Hermitage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2015
Closed on
Oct 1, 2015
Sold by
Hummer Janice L and Rhone Diane F
Bought by
Maddox Roy Lydell and Leftridge-Maddox Machette Hope
Seller's Agent
Darlene Young
Lighthouse Realty, Inc.
Buyer's Agent
Joy Hanes
Wind Chime Properties
List Price
$264,950
Sold Price
$264,900
Premium/Discount to List
-$50
-0.02%
Current Estimated Value
$484,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,514
Avg. Annual Appreciation
6.17%
Original Mortgage
$248,573
Outstanding Balance
$195,708
Interest Rate
3.9%
Mortgage Type
VA
Estimated Equity
$288,706

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jul 10, 2013
Sold by
Bloom Randey A
Bought by
Hummer Janice L and Rhone Diane F
Seller's Agent
Randey Bloom
Long & Foster REALTORS
Buyer's Agent
Darlene Young
Lighthouse Realty, Inc.
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.58%
Original Mortgage
$237,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2011
Sold by
Bain Construction Inc Robert P
Bought by
Bloom Randey A

Purchase Details

Closed on
Jun 14, 2007
Sold by
Windsor Enterprise Corp
Bought by
Robert P Bain Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maddox Roy Lydell $264,950 Attorney
Hummer Janice L $250,000 --
Bloom Randey A $245,000 --
Robert P Bain Construction Inc $246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddox Roy Lydell $248,573
Previous Owner Hummer Janice L $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2015 10/26/15 Sold $264,900 0.0% $141 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $264,950 +6.0% $141 / Sq Ft
07/19/2013 07/19/13 Sold $250,000 -9.1% $133 / Sq Ft View Prior Sale
06/26/2013 06/26/13 Pending -- -- --
03/29/2013 03/29/13 For Sale $275,000 -- $147 / 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 $3,547 $404,000 $70,000 $334,000
2024 $3,547 $383,600 $70,000 $313,600
2023 $3,261 $383,600 $70,000 $313,600
2022 $2,988 $351,500 $66,000 $285,500
2021 $2,669 $291,300 $60,000 $231,300
2020 $2,534 $291,300 $60,000 $231,300
2019 $2,444 $280,900 $60,000 $220,900
2018 $2,280 $262,100 $60,000 $202,100
2017 $2,262 $260,000 $60,000 $200,000
2016 $2,306 $265,000 $60,000 $205,000
2015 $2,144 $255,500 $55,000 $200,500
2014 $2,144 $246,400 $55,000 $191,400
Source: Public Records

Agents Affiliated with this Home

  • Darlene Young

    Seller's Agent in 2015

    Darlene Young

    Lighthouse Realty, Inc.

    (804) 366-3424

    1 in this area

    21 Total Sales

    Darlene Young
    Section Image
  • Joy Hanes

    Buyer's Agent in 2015

    Joy Hanes

    Wind Chime Properties

    (804) 833-3427

    1 in this area

    67 Total Sales

    Joy Hanes
    Section Image

  • R

    Seller's Agent in 2013

    Randey Bloom

    Long & Foster

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1522744

Central Virginia Regional MLS

APN: 777-760-6165

Virginia Henrico County Henrico 23228 Laurel

1716 Palm Grove Terrace, Henrico, VA

Not Listed for Sale

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.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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