NOT LISTED FOR SALE

2317 Farrand Dr Henrico, VA 23231

Estimated Value: $244,000 - $318,000

3 Beds
1 Bath
1,392 Sq Ft
$207/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $75,250 $54 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $1,744/month

205 Days on Market

Highlights

  • Cape Cod Architecture
  • Front Porch
  • Wood Burning Fireplace
  • 1.5 Car Detached Garage
  • Baseboard Heating
  • 1-Story Property

About This Home

As of February 2016

Great home for an investor or first-time homebuyer.

Last Agent to Sell the Property

Martha Clampitt

Pathlight Realty License #0225187257 Listed on: 04/19/2015

Last Buyer's Agent

Matt Jarreau

Hometown Realty License #0225175691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $890

Year Built

  • Built in 1941

Lot Details

  • 0.32 Acre Lot
  • Back Yard Fenced
  • Chain Link Fence
  • Zoning described as R-4

Parking

  • 1.5 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • No Cooling
  • Heat Pump System
  • Baseboard Heating
  • Water Heater

Community Details

  • Montrose Terrace Subdivision

Listing and Financial Details

  • Tax Lot 89
  • Assessor Parcel Number 805-715-7135

Home Details

Home Type

Single Family

Est. Annual Taxes

$890

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Property Attached Yn: No
  • Lot Size Acres: 0.317
  • Ownership: Individuals
  • Subdivision Name: Montrose Terrace
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Basement: Partial, Unfinished
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Living Area: 1392.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link
  • Pool Features: None
  • Construction Type: Brick
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Detached, Garage

Utilities

  • Heating: Baseboard, Electric, Heat Pump
  • Cooling: Heat Pump, None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Rolfe

Lot Info

  • Parcel Number: 805-715-7135
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 890.01
  • Tax Lot: 89

MLS Schools

  • Elementary School: Montrose
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2015
Closed on
Feb 22, 2016
Sold by
Tucker Haywood J and Tucker Latasha T
Bought by
Hedrick John
Seller's Agent
Martha Clampitt
Pathlight Realty
Buyer's Agent
Matt Jarreau
Hometown Realty
List Price
$81,000
Sold Price
$75,250
Premium/Discount to List
-$5,750
-7.1%
Current Estimated Value
$288,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,042
Avg. Annual Appreciation
14.96%
Original Mortgage
$67,725
Outstanding Balance
$54,508
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$228,500

Purchase Details

Closed on
Sep 27, 2004
Sold by
Miller Jason
Bought by
Tucker Haywood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,223
Interest Rate
5.81%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2001
Sold by
Knight Scott P
Bought by
Miller Jason S and Miller Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,265
Interest Rate
7.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hedrick John $75,250 Commonwealth Escrow & Title
Tucker Haywood $115,000 --
Miller Jason S $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick John $67,725
Previous Owner Tucker Haywood $113,223
Previous Owner Miller Jason S $82,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $75,250 -7.1% $54 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
04/19/2015 04/19/15 For Sale $81,000 -- $58 / 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 $2,070 $221,200 $43,000 $178,200
2024 $2,070 $210,100 $38,000 $172,100
2023 $1,786 $210,100 $38,000 $172,100
2022 $1,473 $173,300 $36,000 $137,300
2021 $1,151 $132,300 $26,000 $106,300
2020 $1,151 $132,300 $26,000 $106,300
2019 $1,068 $122,800 $24,000 $98,800
2018 $1,003 $115,300 $24,000 $91,300
2017 $937 $107,700 $24,000 $83,700
2016 $890 $102,300 $24,000 $78,300
2015 $890 $102,300 $24,000 $78,300
2014 $890 $102,300 $24,000 $78,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1511296

Central Virginia Regional MLS

APN: 805-715-7135