NOT LISTED FOR SALE

1763 Raintree Commons Dr Henrico, VA 23238

Raintree Neighborhood

Estimated Value: $285,000 - $311,000

2 Beds
2 Baths
1,175 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 25, 2019

Last sale price $195,288 $166 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,781/month

About This Home

As of April 2019

1763 Raintree Commons Drive is a beautiful 2 bedroom, 2 bathroom condominium that offers a spacious and open living room and dining area, with plenty of natural lighting.

This is a one-floor, 2nd level condo, with beautiful views of the lake from the master bedroom and living room. The deck, accessed from the living room, overlooks the lake. You'll enjoy an abundance of natural lighting from all of the large windows in the living room and dining area! The master bedroom has it's own spacious master bath, lots of closet space and sliding glass doors with a view of the lake and access to the deck. There is a second bedroom, adjacent to the 2nd full bathroom. This home has a full-sized washer & dryer.
Yard and exterior maintenance is included, as is water/sewer, and trash pickup.

The community features a well-lit running path, ample parking, an exercise room, tennis court and a swimming pool. This property is also conveniently located just minutes from Short Pump Shopping & dining, close to 288 and is less than 20 minutes to downtown Richmond.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Apr 17, 2019
Sold by
Petraco Bruce Stephen
Bought by
Hassan Nehad T M Sobhy and Baranyai Henrietta
Seller's Agent
Wanda Fears
Long & Foster REALTORS
Buyer's Agent
Philip Hoffman
Premier Residential LLC
List Price
$200,000
Sold Price
$195,288
Premium/Discount to List
-$4,712
-2.36%
Current Estimated Value
$298,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,259
Avg. Annual Appreciation
7.17%
Original Mortgage
$175,500
Outstanding Balance
$155,547
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$143,000

Purchase Details

Closed on
May 9, 2011
Sold by
Wallace Evelyn H
Bought by
Petraco Jeffrey B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,822
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2000
Sold by
Rippe Peter M and Rippe Maria W
Bought by
Wallace Evelyn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,300
Interest Rate
8.21%
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
Hassan Nehad T M Sobhy $195,000 None Available
Petraco Jeffrey B $184,500 --
Wallace Evelyn H $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassan Nehad T M Sobhy $175,500
Previous Owner Petraco Jeffrey B $179,822
Previous Owner Wallace Evelyn H $115,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Rented $1,799 0.0% --
04/05/2022 04/05/22 Under Contract -- -- --
03/16/2022 03/16/22 For Rent $1,799 +12.5% --
05/01/2020 05/01/20 Rented $1,599 0.0% --
04/13/2020 04/13/20 Under Contract -- -- --
03/23/2020 03/23/20 Price Changed $1,599 -5.7% $1 / Sq Ft
03/06/2020 03/06/20 Price Changed $1,695 -5.6% $1 / Sq Ft
02/25/2020 02/25/20 For Rent $1,795 0.0% --
04/25/2019 04/25/19 Sold $195,288 -2.4% $166 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $200,000 0.0% $170 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $200,000 -- $170 / Sq Ft

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 $2,369 $254,600 $62,300 $192,300
2024 $2,369 $254,600 $62,300 $192,300
2023 $2,164 $254,600 $62,300 $192,300
2022 $1,939 $228,100 $56,400 $171,700
2021 $1,762 $202,500 $47,000 $155,500
2020 $1,762 $202,500 $47,000 $155,500
2019 $1,581 $181,700 $41,100 $140,600
2018 $1,581 $181,700 $41,100 $140,600
2017 $1,473 $169,300 $41,100 $128,200
2016 $1,473 $169,300 $41,100 $128,200
2015 $1,397 $169,300 $41,100 $128,200
2014 $1,397 $160,600 $41,100 $119,500
Source: Public Records

Agents Affiliated with this Home

  • Philip Hoffman

    Seller's Agent in 2022

    Philip Hoffman

    Premier Residential LLC

    (804) 794-2662

    25 Total Sales

    Philip Hoffman
    Section Image
  • Wanda Fears

    Seller's Agent in 2019

    Wanda Fears

    Long & Foster

    (804) 909-2777

    25 Total Sales

    Wanda Fears
    Section Image
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Map

Virginia Henrico County Henrico 23238 Raintree

1763 Raintree Commons Dr, Henrico, VA

This home is located at 1763 Raintree Commons Dr, Henrico, VA 23238 and is currently estimated at $298,547, approximately $254 per square foot. 1763 Raintree Commons Dr is a home located in Henrico County with nearby schools including Pemberton Elementary School, Quioccasin Middle School, and Mills E. Godwin High School.

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