NOT LISTED FOR SALE

1807 Binford Ln Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $240,000 - $260,000

3 Beds
2 Baths
1,088 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $230,500 $212 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,468/month

About This Home

Don't miss this beautifully updated rancher with 3 beds, 1.5 baths, and a massive eat-in kitchen (24' x 10') located just 3 miles from Downtown RVA. This home was completely renovated in 2015 with a new roof, vinyl siding, energy-efficient windows, and an all-electric HVAC system. In 2019, the Sellers installed Luxury Vinyl Plank (LVP) flooring in the kitchen and bathrooms, refinished the hardwood floors, and applied fresh paint throughout. The living room receives tons of natural light and the 3rd bedroom with sliding glass doors onto to the deck would make a perfect home office. The chef in your family will love the huge kitchen with ample cabinetry and walk-in pantry. Located on a quiet dead-end street with no through traffic, you'll enjoy the sounds of nature from your gracious, covered front porch or private rear deck. The large backyard with mature shade trees is fenced on two sides and could easily be enclosed, and the off-street parking with carport make unloading groceries a breeze. IMPORTANT: This home is tenant-occupied so please respect their privacy. Lease ends 7/31 and the Sellers will agree to settlement before or after that date.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jun 26, 2023
Sold by
Wetzel Eric P and Wetzel Samantha I
Bought by
Orbegoso Ivan A and Figueroa Karina G
Seller's Agent
Michael Kucera
Black Line Properties
Buyer's Agent
Victoria Johnson-Inge
Neighborhood Assistance Corp
List Price
$220,000
Sold Price
$230,500
Premium/Discount to List
$10,500
4.77%
Views
86
Current Estimated Value
$251,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,026
Avg. Annual Appreciation
3.60%
Original Mortgage
$230,500
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2019
Sold by
Wetzel Samantha I
Bought by
Wetzel Eric P and Wetzel Samantha I

Purchase Details

Listed on
Sep 18, 2014
Closed on
Nov 20, 2014
Sold by
Sec Of Hud Of Washington Dc
Bought by
Israel Samantha B
Seller's Agent
Brian Liggan
Virginia Capital Realty
Buyer's Agent
Julie Hawthorne
The Dunivan Co, Inc
List Price
$58,000
Sold Price
$55,000
Premium/Discount to List
-$3,000
-5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%

Purchase Details

Closed on
Jul 10, 2014
Sold by
Evans And Bryant Sub Tr
Bought by
Sec Of Hud Of Washington Dc

Purchase Details

Closed on
Jun 8, 2010
Sold by
Unlimited Ventures Llc
Bought by
Venable Elaine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,355
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2009
Sold by
Richmond Investments Group Llc
Bought by
Unlimited Ventures Llc

Purchase Details

Closed on
Sep 28, 2009
Sold by
Gordon Raymond G
Bought by
Richmond Investment
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orbegoso Ivan A $230,500 Chicago Title
Wetzel Eric P -- None Available
Israel Samantha B $55,000 --
Sec Of Hud Of Washington Dc $119,837 --
Venable Elaine K $119,950 --
Unlimited Ventures Llc $65,900 --
Richmond Investment $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orbegoso Ivan A $230,500
Previous Owner Venable Elaine K $118,355
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $230,500 +4.8% $212 / Sq Ft View Prior Sale
06/12/2023 06/12/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $220,000 +300.0% $202 / Sq Ft
11/21/2014 11/21/14 Sold $55,000 -5.2% $51 / Sq Ft View Prior Sale
10/30/2014 10/30/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $58,000 -- $53 / 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 $1,946 $221,800 $28,000 $193,800
2024 $1,946 $172,100 $28,000 $144,100
2023 $1,463 $172,100 $28,000 $144,100
2022 $1,089 $134,400 $26,000 $108,400
2021 $1,072 $115,500 $22,000 $93,500
2020 $1,005 $115,500 $22,000 $93,500
2019 $955 $109,800 $22,000 $87,800
2018 $914 $105,000 $22,000 $83,000
2017 $894 $102,700 $22,000 $80,700
2016 $873 $100,400 $22,000 $78,400
2015 $850 $100,400 $22,000 $78,400
2014 $850 $100,400 $22,000 $78,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Kucera

    Black Line Properties

    (804) 543-2687

    2 in this area

    42 Total Sales

    Michael Kucera
    Section Image

  • V

    Buyer's Agent in 2023

    Victoria Johnson-Inge

    Neighborhood Assistance Corp

    (804) 929-1700

    1 in this area

    28 Total Sales

    Victoria Johnson-Inge
    Section Image

  • B

    Seller's Agent in 2014

    Brian Liggan

    Virginia Capital Realty

  • Julie Hawthorne

    Buyer's Agent in 2014

    Julie Hawthorne

    The Dunivan Co, Inc

    (804) 389-1423

    1 in this area

    69 Total Sales

    Julie Hawthorne
    Section Image
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Map

Virginia Henrico County Richmond 23223 Fairfield

1807 Binford Ln, Richmond, VA

Not Listed for Sale

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