NOT LISTED FOR SALE

Estimated Value: $268,000 - $352,000

0.16 Acre
$1,964,431 Price per Acre
6,852 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $15,500

Est. 1,861% increase in value since last sale

Current estimated payment $1,965/month

10 Days on Market

About This Lot

As of January 2021

Great opportunity to own a land in the City of Richmond at a very affordable price. Attention Investors - Fantastic investment opportunity. Lot zoned residential. Water/Sewer/Electric available at street.
The potential is here and is waiting for you!

Last Agent to Sell the Property

Tonya Nutall

Call It Closed International Inc License #0225240411 Listed on: 12/09/2020

Call It Closed International Inc

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Property Type

  • Land

Lot Details

  • 6,852 Sq Ft Lot
  • Zoning described as R-5

Schools

  • Oak Grove Elementary School
  • Boushall Middle School
  • Richmond High School For The Arts

Utilities

  • Water Not Available

Community Details

  • Melrose Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number S007-1679-008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.1573
  • Ownership: Individuals
  • Subdivision Name: Melrose
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available

Utilities

  • Sewer: Not Connected (nearby), Public Sewer
  • Water Source: Not Connected (nearby), Public
  • Utilities: Natural Gas Available, Phone Not Available, Electricity Available

Schools

  • Middle Or Junior School: Boushall

Lot Info

  • Parcel Number: S007-1679-008
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10000.0
  • Tax Lot: 8

MLS Schools

  • Elementary School: Oak Grove
  • High School: Richmond High School for the Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 28, 2021
Sold by
Aramin Mohammed
Bought by
Carver Homes Llc
Seller's Agent
Tonya Nutall
Call It Closed International Inc
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$16,000
Sold Price
$15,500
Premium/Discount to List
-$500
-3.12%
Current Estimated Value
$303,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,482
Avg. Annual Appreciation
92.12%

Purchase Details

Closed on
Nov 13, 2020
Sold by
Guy Howard
Bought by
Aramin D Mohammed

Purchase Details

Closed on
Feb 27, 2001
Bought by
Bank Of Am

Purchase Details

Closed on
Aug 17, 2000
Bought by
Hud-Housin
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carver Homes Llc $15,500 Advantage Title Agency Inc
Aramin D Mohammed -- None Available
Bank Of Am $14,352 --
Hud-Housin $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Carver Homes Llc $3,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $15,500 -3.1% --
12/19/2020 12/19/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $16,000 -- --
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 $3,708 $309,000 $55,000 $254,000
2024 $3,984 $332,000 $45,000 $287,000
2023 $3,708 $309,000 $27,000 $282,000
2022 $324 $27,000 $27,000 $0
2021 $120 $8,000 $8,000 $0
2020 $120 $10,000 $10,000 $0
2019 $120 $10,000 $10,000 $0
2018 $120 $10,000 $10,000 $0
2017 $120 $10,000 $10,000 $0
2016 $120 $10,000 $10,000 $0
2015 $509 $10,000 $10,000 $0
2014 $509 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2036580

Central Virginia Regional MLS

APN: S007-1679-008