NOT LISTED FOR SALE

Estimated Value: $108,000 - $190,000

3 Beds
1 Bath
994 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $47,500 $48 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $982/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cottage
  • Open High School Rated A+
  • 2 Fireplaces
  • Breakfast Area or Nook

About This Home

As of February 2020

Attention investors - Just imagine the monthly cash flow on this great little rental! Or are you a Homeowner – there are Renovation Loans available for you! This home needs some TLC, but the "after-repair value" is outstanding. Exterior already has vinyl siding, just swap out the last 3 original windows with new vinyl windows (other windows are already vinyl) and the exterior becomes maintenance free. The inside needs some work, but can be beautiful again. The interior air handler unit with the natural gas for heat looks new, and works GREAT! The exterior HVAC (or A/C) unit is missing. The brand new gas Whirlpool Range still in the packaging conveys. Listing agent and seller make no warranty as to home's condition. Do your own due diligence, and be amazed! Directly across the street from a large church. Looking for a Richmond flip or rental for Petersburg prices? This is it! Get by, take a look, and make your offer before it is gone and someone else is making the monthly cash flow or pocketing the flip proceeds. You have seen the flip shows on TV, and the profit potential. THIS could be your chance to be a part of renovating Richmond!

Last Agent to Sell the Property

Debbie Knapp

EXP Realty LLC License #0225229515 Listed on: 01/02/2020

EXP Realty LLC

Last Buyer's Agent

Joan Small

ProFound Property Group LLC License #0225262989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1910

Lot Details

  • 2,936 Sq Ft Lot
  • Property fronts an alley
  • Property is Fully Fenced
  • Chain Link Fence
  • Level Lot
  • Zoning described as R-5

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Pitched Roof
  • Rubber Roof
  • Metal Roof
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 994 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Ventless Fireplace
  • Thermal Windows
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Outbuilding
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Chelsea Place Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number E012-0285-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,224

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Property Attached Yn: No
  • Lot Size Acres: 0.0674
  • Ownership: Corporate
  • Subdivision Name: Chelsea Place
  • Architectural Style: Bungalow, Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Ventless
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Laminate Counters
  • Living Area: 994.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Metal, Pitched, Rubber
  • Fencing: Chain Link, Full, Fenced
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Mixed, Plaster, Vinyl Siding
  • Exterior Features: Deck, Out Building(s), Storage, Shed
  • Other Structures: Outbuilding
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Alley Access, On Street

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s), Sidewalks

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E012-0285-011
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 57.0
  • Tax Lot: 11

MLS Schools

  • Elementary School: Fairfield
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Jan 31, 2020
Sold by
Amc Property Solutions Llc
Bought by
Hall Sarah and The 2019 Selden Land Trust
Seller's Agent
Debbie Knapp
EXP Realty LLC
Buyer's Agent
Joan Small
ProFound Property Group LLC
List Price
$64,500
Sold Price
$47,500
Premium/Discount to List
-$17,000
-26.36%
Total Days on Market
8
Current Estimated Value
$165,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,396
Avg. Annual Appreciation
21.58%

Purchase Details

Closed on
Jun 7, 2018
Sold by
Lee Milton and Cox Josephine D
Bought by
Amc Property Solutions Llc A Virginia Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2016
Closed on
Apr 27, 2016
Sold by
Dream World Llc
Bought by
Lee Milton and Cox Josephine D
Seller's Agent
Ruby Debnam
Lee Conner Realty & Assoc. LLC
Buyer's Agent
Ruby Debnam
Lee Conner Realty & Assoc. LLC
List Price
$39,950
Sold Price
$27,000
Premium/Discount to List
-$12,950
-32.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.45%

Purchase Details

Listed on
May 26, 2014
Closed on
Oct 8, 2014
Sold by
Page Irene and Robinson Tara N
Bought by
Dream World Llc
Seller's Agent
Teri Jones
Samson Properties
Buyer's Agent
Ruby Debnam
Lee Conner Realty & Assoc. LLC
List Price
$39,950
Sold Price
$20,000
Premium/Discount to List
-$19,950
-49.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.92%
Source: Public Records

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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
Hall Sarah $47,500 Apex Title & Settlement Svcs
Amc Property Solutions Llc A Virginia Li $29,000 Attorney
Lee Milton $27,000 Attorney
Dream World Llc $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2019 Selden Land Trust $130,000
Previous Owner Amc Property Solutions Llc $150,000
Previous Owner Amc Property Soloutions Llc $40,640
Previous Owner Amc Property Solutions Llc A Virginia Li $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $47,500 -26.4% $48 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $64,500 +138.9% $65 / Sq Ft
05/17/2016 05/17/16 Sold $27,000 -32.4% $29 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $39,950 +99.8% $43 / Sq Ft
10/17/2014 10/17/14 Sold $20,000 -49.9% $22 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
05/26/2014 05/26/14 For Sale $39,950 -- $43 / 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 $1,224 $102,000 $54,000 $48,000
2024 $1,140 $95,000 $49,000 $46,000
2023 $1,068 $89,000 $49,000 $40,000
2022 $852 $71,000 $33,000 $38,000
2021 $588 $61,000 $25,000 $36,000
2020 $588 $49,000 $20,000 $29,000
2019 $57 $44,000 $15,000 $29,000
2018 $504 $42,000 $15,000 $27,000
2017 $504 $42,000 $15,000 $27,000
2016 -- $42,000 $15,000 $27,000
2015 -- $39,000 $10,000 $29,000
2014 -- $39,000 $10,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2000153

Central Virginia Regional MLS

APN: E012-0285-011