Seller's Agent in 2018
Eliza Branch
Long & Foster
(804) 937-6812
6 in this area
71 Total Sales
216 Paxton Rd Richmond, VA 23226
Wilton NeighborhoodEstimated Value: $2,624,000 - $2,900,000
4
Beds
5
Baths
5,000
Sq Ft
$554/Sq Ft
Est. Value
Highlights
- River Front
- Custom Home
- Wooded Lot
- Mary Munford Elementary School Rated A-
- 2.06 Acre Lot
- Bamboo Flooring
About This Home
As of August 2018NEW PRICE!! Designed by noted architect Marcellus Wright, this award-winning home is situated on just over 2 acres overlooking the canal and the James River. Privacy awaits you with this open mid-century modern where lovely views can be seen from the large windows and outdoor spaces. There are 4 bedrooms, 3 full and 2 half baths. The entry foyer opens to a vaulted living room. Perfect for entertaining, the first floor has an open plan dining room, kitchen, living room and family room that open out to a patio with gorgeous views. The master suite has windows looking out to the view with its own private patio. There is a master bath with marble double vanities and a walk-in closet.
This is a true one-of-a-kind oasis in the city South of Cary Street Road. The bedrooms are 7 steps down from the main level, and the lower level is another 7 steps down. Windows look out to a natural landscape from every room. In addition to the first floor entertaining space, there is an lower level family room with a stone fireplace.
Last Agent to Sell the Property
Long & Foster REALTORS License #0225061733 Listed on: 05/23/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,524
Year Built
- Built in 1965
Lot Details
- 2.06 Acre Lot
- Lot Dimensions are 210.64 x 487.68
- River Front
- Irregular Lot
- Sloped Lot
- Sprinkler System
- Wooded Lot
Parking
- Carport
Home Design
- Custom Home
- Contemporary Architecture
- Frame Construction
- Built-Up Roof
- Wood Siding
Interior Spaces
- 5,000 Sq Ft Home
- 3-Story Property
- Wet Bar
- Built-In Features
- Bookcases
- High Ceiling
- 2 Fireplaces
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Water Views
- Finished Basement
- Walk-Out Basement
- Home Security System
Kitchen
- Eat-In Kitchen
- Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Wine Cooler
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Bamboo
- Wood
- Slate Flooring
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
Schools
- Munford Elementary School
- Albert Hill Middle School
- Thomas Jefferson High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number W0220290004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 23, 2018
Closed on
Aug 20, 2018
Sold by
Knakmuhs Heath K and Knakmuhs Sarah F
Bought by
Cerruti Michael J and Cerruti Dorothy E C
Seller's Agent
Eliza Branch
Long & Foster REALTORS
Buyer's Agent
Laura Roesser
Compass
List Price
$1,735,000
Sold Price
$1,516,300
Premium/Discount to List
-$218,700
-12.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,251,963
Avg. Annual Appreciation
9.21%
Original Mortgage
$120,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 9, 2013
Sold by
Tarantino Jason and Kingsbury Megan M
Bought by
Knakmuhs Heath K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.58%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 15, 2012
Closed on
Nov 28, 2012
Sold by
Windham Properties Llc
Bought by
Tarantino Jason
Seller's Agent
Andrea Levine
Samson Properties
Buyer's Agent
Renee Sheehy
High Net Worth Properties
List Price
$1,525,000
Sold Price
$1,425,000
Premium/Discount to List
-$100,000
-6.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$900,000
Interest Rate
3.46%
Mortgage Type
VA
Purchase Details
Closed on
Feb 20, 2007
Sold by
Wallace Otway
Bought by
Windham Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,472,500
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 2005
Sold by
Pratt Elizabeth W
Bought by
Wallace Otway B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cerruti Michael J | $1,516,000 | First American Title | |
| Knakmuhs Heath K | $1,405,000 | -- | |
| Tarantino Jason | $1,425,000 | -- | |
| Windham Properties Llc | $1,550,000 | -- | |
| Windham Props L L C | $1,550,000 | -- | |
| Wallace Otway B | $950,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Michael J Cerruti Trust | $269,500 | |
| Open | Michael J Cerruti Trust | $1,155,000 | |
| Closed | Cerruti Michael J | $120,000 | |
| Previous Owner | Knakmuhs Sarah F | $900,000 | |
| Previous Owner | Knakmuhs Heath K | $900,000 | |
| Previous Owner | Tarantino Jason | $900,000 | |
| Previous Owner | Windham Properites Llc | $260,000 | |
| Previous Owner | Windham Prop Llc | $1,000,000 | |
| Previous Owner | Windham Props L L C | $1,472,500 | |
| Previous Owner | Wallace Otway B | $355,000 | |
| Previous Owner | Wallace Otway B | $1,250,000 | |
| Previous Owner | Wallace Otway B | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2018 08/24/18 | Sold | $1,516,300 | -4.9% | $303 / Sq Ft |
| 07/25/2018 07/25/18 | Pending | -- | -- | -- |
| 07/16/2018 07/16/18 | Price Changed | $1,595,000 | -5.3% | $319 / Sq Ft |
| 06/15/2018 06/15/18 | Price Changed | $1,685,000 | -2.9% | $337 / Sq Ft |
| 05/23/2018 05/23/18 | For Sale | $1,735,000 | +21.8% | $347 / Sq Ft |
| 12/07/2012 12/07/12 | Sold | $1,425,000 | -6.6% | $254 / Sq Ft |
| 11/01/2012 11/01/12 | Pending | -- | -- | -- |
| 06/15/2012 06/15/12 | For Sale | $1,525,000 | -- | $272 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $24,348 | $2,029,000 | $995,000 | $1,034,000 |
| 2024 | $21,708 | $1,809,000 | $863,000 | $946,000 |
| 2023 | $20,568 | $1,714,000 | $863,000 | $851,000 |
| 2022 | $18,672 | $1,556,000 | $780,000 | $776,000 |
| 2021 | $17,448 | $1,500,000 | $780,000 | $720,000 |
| 2020 | $15,468 | $1,454,000 | $780,000 | $674,000 |
| 2019 | $14,196 | $1,410,000 | $770,000 | $640,000 |
| 2018 | $12,608 | $1,407,000 | $700,000 | $707,000 |
| 2017 | $16,524 | $1,377,000 | $700,000 | $677,000 |
| 2016 | $11,539 | $1,377,000 | $700,000 | $677,000 |
| 2015 | $11,539 | $1,356,000 | $700,000 | $656,000 |
| 2014 | $11,539 | $1,350,000 | $700,000 | $650,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eliza Branch
-
Laura Roesser
Buyer's Agent in 2018
Laura Roesser
Compass
(804) 475-8579
74 Total Sales
-
Andrea Levine
Seller's Agent in 2012
Andrea Levine
Samson Properties
(804) 647-2828
124 Total Sales
-
Renee Sheehy
Buyer's Agent in 2012
Renee Sheehy
High Net Worth Properties
38 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 1818743
APN: W022-0290-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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