NOT LISTED FOR SALE

Estimated Value: $303,000 - $314,077

3 Beds
1.5 Baths
1,815 Sq Ft
$170/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $185,000 $102 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,874/month

4 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Central Air
  • Open High School Rated A+
  • Front Porch
  • 5-minute walk to Montrose Heights Playground

About This Home

As of April 2020

Located in Richmond’s Montrose Heights, this intelligently updated cottage with three bedrooms and one and a half baths has been outfitted with modern touches without erasing the cozy feel of this great property. The new roof and siding (2019) along with replacement windows add updated features to this classically charming home. The kitchen has been stylishly redone with bamboo cabinets, stone flooring, and ceramic tile countertops. The spacious backyard is all ready for Spring plantings and there is plenty of room in the shed to store garden tools. Just a short distance from Triple Crossing and Stone Breweries, The Cap Trail, Church Hill dining, Downtown/VCU, and easy access to major highways, this location is ideal for enjoying all that Richmond has to offer.

Last Agent to Sell the Property

Justin Owen

The Steele Group License #0225197051 Listed on: 02/18/2020

The Steele Group

Last Buyer's Agent

Ernie Chamberlain

Hometown Realty License #0225218837

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,728

Year Built

  • Built in 1947

Lot Details

  • 5,602 Sq Ft Lot
  • Partially Fenced Property
  • Zoning described as R-5

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,815 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Crawl Space

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch
  • Stoop

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • Montrose Heights Subdivision

Listing and Financial Details

  • Tax Lot 391
  • Assessor Parcel Number E011-0187-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,728

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Property Attached Yn: No
  • Lot Size Acres: 0.1286
  • Ownership: Individuals
  • Subdivision Name: Montrose Heights
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Cooking, Disposal, Gas Water Heater, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1815.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Partial
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Mixed, Vinyl Siding
  • Patio And Porch Features: Front Porch, Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

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

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E011-0187-028
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1728.0
  • Tax Lot: 391

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
Apr 3, 2020
Sold by
Mattoon Katrin A
Bought by
Burgess Jill K
Seller's Agent
Justin Owen
The Steele Group
Buyer's Agent
Ernie Chamberlain
Hometown Realty
List Price
$177,000
Sold Price
$185,000
Premium/Discount to List
$8,000
4.52%
Current Estimated Value
$308,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,269
Avg. Annual Appreciation
9.35%
Original Mortgage
$148,000
Outstanding Balance
$131,110
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$177,159

Purchase Details

Closed on
Feb 25, 2003
Sold by
Adams Sarah C
Bought by
Anderson Karin Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,350
Interest Rate
5.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Burgess Jill K $185,000 Fidelity National Title
Anderson Karin Louise $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Jill K $148,000
Previous Owner Anderson Karin Louise $74,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2020 04/13/20 Sold $185,000 +4.5% $102 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $177,000 -- $98 / 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 $3,108 $259,000 $63,000 $196,000
2024 $3,012 $251,000 $60,000 $191,000
2023 $2,784 $232,000 $60,000 $172,000
2022 $2,304 $192,000 $35,000 $157,000
2021 $1,728 $178,000 $25,000 $153,000
2020 $864 $144,000 $20,000 $124,000
2019 $1,728 $144,000 $20,000 $124,000
2018 $1,668 $139,000 $20,000 $119,000
2017 $1,584 $132,000 $20,000 $112,000
2016 $1,584 $132,000 $20,000 $112,000
2015 $1,572 $132,000 $20,000 $112,000
2014 $1,572 $131,000 $20,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2004921

Central Virginia Regional MLS

APN: E011-0187-028