NOT LISTED FOR SALE

Estimated Value: $336,000 - $394,000

5 Beds
2 Baths
1,855 Sq Ft
$195/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $95,000 $51 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $2,318/month

Highlights

  • Forced Air Heating System
  • Wood Siding
  • 2-minute walk to Lucks Field
  • Open High School Rated A+

About This Home

As of April 2015

This home is located at 1905 Fairmount Ave, Richmond, VA 23223 since 17 April 2015 and is currently estimated at $362,638, approximately $195 per square foot. This property was built in 1915. 1905 Fairmount Ave is a home located in Richmond City with nearby schools including Henry L. Marsh, III Elementary School, Martin Luther King Jr. Middle School, and Armstrong High School.

Last Agent to Sell the Property

NON MLS USER MLS

NON MLS OFFICE Listed on: 04/17/2015

Last Buyer's Agent

Tyler Rackley

GO Real Estate Inc License #0225105260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,104

Year Built

  • Built in 1915

Lot Details

  • 7,492

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Henry L. Marsh Iii Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number E0000554003

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,104

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Detached
  • Year Built: 1915
  • Property Attached Yn: No
  • Subdivision Name: None
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Property Sub Type Additional: Detached
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Construction Type: Wood Siding

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E0000554003

MLS Schools

  • Elementary School: Henry L. Marsh III
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2013
Closed on
Mar 20, 2013
Sold by
Federal National Mortgage Association
Bought by
Prasad Ravi
Seller's Agent
Joey Schlager
Pirch Real Estate LLC
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$63,000
Sold Price
$29,500
Premium/Discount to List
-$33,500
-53.17%
Current Estimated Value
$362,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,138
Avg. Annual Appreciation
22.49%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 11, 2007
Sold by
Anderson Louis
Bought by
Mills Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,686
Interest Rate
6.54%
Mortgage Type
New Conventional
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
Prasad Ravi $29,500 --
Federal National Mortgage Association $134,801 --
Mills Daniel $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Daniel $136,686
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $95,000 +222.0% $51 / Sq Ft
04/10/2013 04/10/13 Sold $29,500 -53.2% $16 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $63,000 -- $34 / 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 $4,104 $342,000 $103,000 $239,000
2024 $3,984 $332,000 $98,000 $234,000
2023 $3,684 $307,000 $98,000 $209,000
2022 $3,036 $253,000 $65,000 $188,000
2021 $2,688 $231,000 $50,000 $181,000
2020 $2,688 $224,000 $50,000 $174,000
2019 $2,412 $201,000 $45,000 $156,000
2018 $1,275 $118,000 $30,000 $88,000
2017 $1,380 $115,000 $30,000 $85,000
2016 $958 $106,000 $30,000 $76,000
2015 $1,075 $100,000 $30,000 $70,000
2014 $1,075 $105,000 $30,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1511306

Central Virginia Regional MLS

APN: E000-0554-003