NOT LISTED FOR SALE

Estimated Value: $547,089

3 Beds
1.5 Baths
3,054 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $270,000 $88 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,301/month

51 Days on Market

Highlights

  • Rowhouse Architecture
  • Wood Flooring
  • Balcony
  • Open High School Rated A+
  • High Ceiling
  • Skylights

About This Home

As of July 2016

INVESTORS: This great rowhouse investment opportunity in historic Jackson Ward has the carefully preserved charm of its original character. With exposed brick, pine floors, marble mantles, front and rear stair cases, 7 large rooms and 1.5 baths, this versatile property can accommodate a variety of commercial and residential uses. The B-2 zoning allows for use as office with residential uses in the back and upstairs. There are 2 NEW AC/gas HVAC units, fresh paint and restoration, high ceilings, beautiful and well-preserved architectural details all very convenient to the courts, City Hall, Convention Center, Biotech Research Park, UNOS and MCV/VCU. Tenants pay all utilities and this property is fully leased through 11/30/16.

Last Agent to Sell the Property

Bill Phillips

Joyner Fine Properties License #0225105604 Listed on: 02/04/2016

Joyner Fine Properties

Last Buyer's Agent

Sandy Appelman

One South Commercial LLC License #0225216671

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,236

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 19.58 x 100.75
  • Wood Fence
  • Zoning described as B-2

Home Design

  • Rowhouse Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Plaster

Interior Spaces

  • 3,054 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Decorative Fireplace
  • Bay Window
  • Partial Basement
  • Electric Cooktop
  • Stacked Washer and Dryer

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Rear Porch

Schools

  • Carver Elementary School
  • Albert Hill Middle School
  • Armstrong High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Carver Subdivision

Listing and Financial Details

  • Assessor Parcel Number N0000038005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,236

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1900
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.05
  • Lot Size: 19.58 x 100.75
  • Ownership: Individuals
  • Subdivision Name: Carver
  • Architectural Style: Row House, Two Story
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Laminate, Wood
  • Basement: Partial
  • Appliances: Washer/Dryer Stacked, Electric Cooking, Gas Water Heater, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Interior Amenities: Bay Window, High Ceilings, Skylights
  • Living Area: 3054.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Fencing: Wood
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Plaster
  • Patio And Porch Features: Balcony, Rear Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: No Garage, On Street

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N0000038005
  • Zoning Description: B-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4236.0

MLS Schools

  • Elementary School: Carver
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2019
Sold by
The Julia M Thornton Revocable Trust
Bought by
Wesley Brian Thornton
Current Estimated Value
$547,089

Purchase Details

Listed on
Feb 4, 2016
Closed on
May 19, 2016
Sold by
The Tony Hodgson Family Trust U/A Dated
Bought by
Hiajw Llc A Virginia Limited Liability C
Seller's Agent
Bill Phillips
Joyner Fine Properties
Buyer's Agent
Sandy Appelman
One South Commercial LLC
List Price
$289,000
Sold Price
$270,000
Premium/Discount to List
-$19,000
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$216,000
Interest Rate
3.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2013
Sold by
Pickens Gina T
Bought by
Hodgson Trustee Anthony K and Tony Hodgson Family Trust

Purchase Details

Closed on
Apr 3, 2006
Sold by
Jeffries William L
Bought by
Pickens James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 1999
Sold by
Lomax Vonda D
Bought by
R And J Development Com

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
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
Wesley Brian Thornton -- None Available
Hiajw Llc A Virginia Limited Liability C $270,000 Valley Southern Title Ltd
Hodgson Trustee Anthony K $240,000 --
Pickens James $317,500 --
R And J Development Com $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hiajw Llc A Virginia Limited Liability C $216,000
Previous Owner Pickens James $254,000
Previous Owner R And J Development Com $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $270,000 -6.6% $88 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $289,000 -- $95 / 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 $5,220 $435,000 $102,000 $333,000
2024 $5,052 $421,000 $88,000 $333,000
2023 $5,052 $421,000 $88,000 $333,000
2022 $4,236 $353,000 $88,000 $265,000
2021 $3,900 $312,000 $89,000 $223,000
2020 $3,900 $312,000 $89,000 $223,000
2019 $3,800 $304,000 $89,000 $215,000
2018 $4,425 $354,000 $76,000 $278,000
2017 $4,425 $354,000 $76,000 $278,000
2016 $4,413 $353,000 $76,000 $277,000
2015 $4,427 $353,000 $77,000 $276,000
2014 $4,427 $353,000 $77,000 $276,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1603245

Central Virginia Regional MLS

APN: N000-0038-005