NOT LISTED FOR SALE

2316 Farrand Dr Henrico, VA 23231

Estimated Value: $314,000 - $336,531

3 Beds
2 Baths
1,458 Sq Ft
$223/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $152,000 $104 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,959/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Screened Porch
  • Walk-In Closet
  • Wood Flooring
  • Eat-In Kitchen
  • Central Air

About This Home

As of April 2017

This home is a decorators dream. Adorable 3 bedroom 2 bath Cape Cod with 1,458 sq feet in Montrose Terrace. When you enter the home you come into the family room you will see the newly refinished hardwood floors. The eat-in kitchen is updated and features concrete countertops and a farmhouse kitchen sink. There is a master on the first floor and two additional bedrooms and bath upstairs. If you want to entertain out back or our front you can enjoy a quiet neighborhood and your outdoor firepit. This home is close to Shockoe Bottom and the heart of Richmond. Come see this home and make it yours!

Last Agent to Sell the Property

Rex Sullivan

Hometown Realty License #0225032027 Listed on: 03/01/2017

Hometown Realty

Last Buyer's Agent

Reed Wilson

The Wilson Group License #0225194327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $790

Year Built

  • Built in 1940

Lot Details

  • 7,680 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence
  • Zoning described as R4

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Driveway
  • Unpaved Parking

Schools

  • Montrose Elementary School
  • Rolfe Middle School
  • Varina High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Montrose Terrace Subdivision

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 805-715-5451

Home Details

Home Type

Single Family

Est. Annual Taxes

$790

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Property Attached Yn: No
  • Lot Size Acres: 0.1763
  • Ownership: Individuals
  • Subdivision Name: Montrose Terrace
  • Architectural Style: Cape Cod, Two Story
  • Garage Yn: No
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Eat-in Kitchen, Main Level Primary, Walk-In Closet(s)
  • Living Area: 1458.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Chain Link, Fenced, Full, Wood
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Screened, Side Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Rolfe

Lot Info

  • Parcel Number: 805-715-5451
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 790.0
  • Tax Lot: 62

MLS Schools

  • Elementary School: Montrose
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Ransom Chad E
Bought by
Ransom Cathy
Current Estimated Value
$314,140

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 12, 2017
Sold by
Horst Adam E and Horst Pamela W
Bought by
Ransom Chad E
Seller's Agent
Rex Sullivan
Hometown Realty
Buyer's Agent
Reed Wilson
The Wilson Group
List Price
$149,500
Sold Price
$152,000
Premium/Discount to List
$2,500
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$121,600
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2007
Sold by
Horst Duane E
Bought by
Horst Adam E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,850
Interest Rate
6.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ransom Cathy $152,000 Day Title Services Lc
Ransom Chad E $152,000 Day Title Services Lc
Horst Adam E $114,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ransom Cathy $103,800
Previous Owner Ransom Chad E $121,600
Previous Owner Horst Pamela W $132,325
Previous Owner Horst Adam E $113,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2017 04/14/17 Sold $152,000 +1.7% $104 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $149,500 -- $103 / 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 $2,964 $314,000 $43,000 $271,000
2024 $2,964 $299,300 $38,000 $261,300
2023 $2,544 $299,300 $38,000 $261,300
2022 $2,057 $242,000 $36,000 $206,000
2021 $1,800 $181,800 $26,000 $155,800
2020 $1,582 $181,800 $26,000 $155,800
2019 $1,459 $167,700 $24,000 $143,700
2018 $1,338 $153,800 $24,000 $129,800
2017 $836 $96,100 $24,000 $72,100
2016 $790 $90,800 $24,000 $66,800
2015 $790 $90,800 $24,000 $66,800
2014 $790 $90,800 $24,000 $66,800
Source: Public Records

Agents Affiliated with this Home

  • Rex Sullivan

    Seller's Agent in 2017

    Rex Sullivan

    Hometown Realty

    (804) 651-8958

    2 in this area

    118 Total Sales

    Section Image
  • Reed Wilson

    Buyer's Agent in 2017

    Reed Wilson

    The Wilson Group

    (804) 396-4625

    33 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1706858

Central Virginia Regional MLS

APN: 805-715-5451

Virginia Henrico County Henrico 23231

2316 Farrand Dr, Henrico, VA

This home is located at 2316 Farrand Dr, Henrico, VA 23231 since 01 March 2017 and is currently estimated at $324,883, approximately $222 per square foot. This property was built in 1940. 2316 Farrand Dr is a home located in Henrico County with nearby schools including Montrose Elementary School, John Rolfe Middle School, and Varina High School.

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.

Central Virginia Regional MLS 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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