NOT LISTED FOR SALE

Estimated Value: $958,668 - $1,481,000

6 Beds
4.5 Baths
5,104 Sq Ft
$233/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $630,000 $123 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $7,026/month

271 Days on Market

Highlights

  • Two Primary Bedrooms
  • Colonial Architecture
  • 6 Fireplaces
  • Open High School Rated A+
  • Wood Flooring
  • 2-minute walk to Patrick Henry Park

About This Home

As of June 2016

THE WILLIAM CAITLIN HOUSE, circa 1845 was Richmond’s first legal bed & breakfast. This impressive Greek Revival was extensively renovated in the 1980s has been well maintained. There are 3 floors plus a dormer. Zoned R-63, multi-family residential. This grand, 5104 sf home features 6 bedrooms, 4 ½ baths, 2 full kitchens with commercial grade on 1st floor. The Caitlin House, as a B&B has been featured in national publications. Gorgeous original detail abounds including mantels, pine flooring, elaborate moldings. Charleston-style double rear porches were later additions allowing for separate access and lovely views of the charming garden area and a picturesque brick outbuilding perfect for studio use. There is an English basement apartment with separate entry, 1 bedroom, full bath, kitchen, fireplace. Exquisite, antique crystal chandeliers adorn the formal parlors and convey.

Last Agent to Sell the Property

Jeanne Bridgforth

One South Realty Group, LLC License #0225060819 Listed on: 08/20/2015

Co-Listed By

Tom Rosman

One South Commercial LLC License #0225268571

Last Buyer's Agent

Michael Latimer

Commonwealth Real Estate Co License #0225206950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1890

Lot Details

  • 4,574 Sq Ft Lot
  • Historic Home
  • Zoning described as R-63 Multi Family Urban Res.

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 5,104 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • 6 Fireplaces
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Dining Area
  • Wood Flooring
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Double Master Bedroom

Outdoor Features

  • Balcony
  • Side Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number E0000297015

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1890
  • Property Attached Yn: No
  • Lot Size Acres: 0.105
  • Co List Office Mls Id: ONES01
  • Co List Office Phone: 804-353-0009
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Historic
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Finished, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 6
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Separate/Formal Dining Room, High Ceilings, Multiple Primary Suites
  • Living Area: 5104.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Other
  • Pool Features: None
  • Construction Type: Brick
  • Patio And Porch Features: Balcony, Side Porch
  • Property Condition: Resale

Utilities

  • Heating: Electric, Zoned
  • Cooling: Central Air, Zoned
  • 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: E0000297015
  • Zoning Description: R-63 Multi Family Urban Res.
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4800.0

MLS Schools

  • Elementary School: Bellevue
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Jun 3, 2016
Sold by
Mary As Trustee In Liquidation Robert Hary
Bought by
Latimer Dudley C
Seller's Agent
Jeanne Bridgforth
One South Realty Group, LLC
Buyer's Agent
Michael Latimer
Commonwealth Real Estate Co
List Price
$795,000
Sold Price
$630,000
Premium/Discount to List
-$165,000
-20.75%
Current Estimated Value
$1,136,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,372
Avg. Annual Appreciation
7.87%
Source: Public Records

Range of Values:

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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
Latimer Dudley C $630,000 Fidelity National Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2016 06/13/16 Sold $630,000 -20.8% $123 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
08/20/2015 08/20/15 For Sale $795,000 -- $156 / 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 $9,648 $804,000 $170,000 $634,000
2024 $9,192 $766,000 $155,000 $611,000
2023 $8,748 $729,000 $150,000 $579,000
2022 $8,040 $670,000 $115,000 $555,000
2021 -- $655,000 $110,000 $545,000
2020 $7,440 $654,000 $110,000 $544,000
2019 $7,440 $651,000 $95,000 $556,000
2018 $7,440 $620,000 $95,000 $525,000
2017 $7,404 $617,000 $85,000 $532,000
2016 $4,800 $400,000 $85,000 $315,000
2015 $4,800 $400,000 $85,000 $315,000
2014 $4,800 $400,000 $85,000 $315,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1523772

Central Virginia Regional MLS

APN: E000-0297-015