NOT LISTED FOR SALE

1818 Palmer Dr Henrico, VA 23228

Laurel Neighborhood

Estimated Value: $302,000 - $363,000

3 Beds
1.5 Baths
1,773 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $135,000 $76 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,009/month

17 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Baseboard Heating
  • Separate Formal Living Room
  • Ceiling Fan

About This Home

As of July 2016

TERRIFIC OPPORTUNITY, either for investment or your home--come see this 3/1.5 Tri-level needing updating and some TLC. This home has good bones and will be an awesome home. **Property was built prior to 1978 & lead-based potentially exists**SOLD AS-IS WITH NO REPAIRS BY SELLER**4 day waiting period for offers**

Last Agent to Sell the Property

Teelo Rutledge

Warrior Realty of Virginia LLC License #0225079058 Listed on: 05/10/2016

Co-Listed By

Steve Dalton

Warrior Realty of Virginia LLC License #0225203978

Last Buyer's Agent

Angie Brown

Samson Properties License #0225066668

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1969

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Zoning described as R3

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 1,773 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Separate Formal Living Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway
  • Paved Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Community Details

  • North Run Terrace Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 5
  • Assessor Parcel Number 777-760-2343

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Property Attached Yn: No
  • Lot Size Acres: 0.2838
  • Co List Office Mls Id: WRVA01
  • Co List Office Phone: 804-730-4046
  • Ownership: REO
  • Subdivision Name: North Run Terrace
  • Architectural Style: Tri-Level
  • Garage Yn: No
  • Unit Levels: Three Or More, Multi/Split
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 3

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Electric Water Heater, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 600.0
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room
  • Living Area: 1773.0
  • Stories: 3
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt, Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Hardboard
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, No Garage, Paved

Utilities

  • Heating: Baseboard, Electric
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Brookland

Lot Info

  • Parcel Number: 777-760-2343
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1398.0
  • Tax Lot: 5

MLS Schools

  • Elementary School: Trevvett
  • High School: Hermitage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2016
Closed on
Jul 6, 2016
Sold by
The Secretary Of Veterans Affairs An Off
Bought by
Geng Jia and Kong Ye
Seller's Agent
Teelo Rutledge
Warrior Realty of Virginia LLC
Buyer's Agent
Angie Brown
Samson Properties
List Price
$127,250
Sold Price
$135,000
Premium/Discount to List
$7,750
6.09%
Current Estimated Value
$343,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,763
Avg. Annual Appreciation
10.53%
Original Mortgage
$108,000
Outstanding Balance
$86,272
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$257,491

Purchase Details

Closed on
Dec 17, 2015
Sold by
Professional Foreclosure Corporation Of
Bought by
Secretary Of Veterans Affairs And Its Su

Purchase Details

Closed on
Jul 28, 2009
Sold by
Mcneal Christopher M
Bought by
Harrison Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,544
Interest Rate
5.43%
Mortgage Type
VA
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
Geng Jia $135,000 Attorney
Secretary Of Veterans Affairs And Its Su $131,828 None Available
Harrison Michael $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geng Jia $108,000
Previous Owner Harrison Michael $173,544
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $135,000 +6.1% $76 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $127,250 -- $72 / 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 $2,377 $267,000 $85,000 $182,000
2024 $2,377 $246,500 $70,000 $176,500
2023 $2,095 $246,500 $70,000 $176,500
2022 $1,703 $210,300 $66,000 $144,300
2021 $1,759 $190,200 $50,000 $140,200
2020 $1,655 $190,200 $50,000 $140,200
2019 $1,608 $184,800 $50,000 $134,800
2018 $1,469 $168,800 $46,000 $122,800
2017 $1,374 $157,900 $42,000 $115,900
2016 $1,386 $159,300 $42,000 $117,300
2015 $1,214 $160,700 $42,000 $118,700
2014 $1,214 $139,500 $42,000 $97,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Teelo Rutledge

    Warrior Realty of Virginia LLC

    (804) 247-2144

    83 Total Sales

    Teelo Rutledge
    Section Image
  • Steve Dalton

    Seller Co-Listing Agent in 2016

    Steve Dalton

    Warrior Realty of Virginia LLC

    (804) 840-6926

    1 in this area

    32 Total Sales

    Steve Dalton
    Section Image
  • Angie Brown

    Buyer's Agent in 2016

    Angie Brown

    Samson Properties

    (804) 922-1555

    18 Total Sales

    Angie Brown
    Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1616155

Central Virginia Regional MLS

APN: 777-760-2343

Virginia Henrico County Henrico 23228 Laurel

1818 Palmer Dr, Henrico, VA

Not Listed for Sale

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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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