NOT LISTED FOR SALE

Estimated Value: $89,000 - $306,000

0.16 Acre
$1,257,962 Price per Acre
6,839 Sq Ft Lot

Last Sold March 23, 2016

Last sale price $7,125 $5 Per Sq Ft

Est. 2,672% increase in value since last sale

Current estimated payment $1,090/month

18 Days on Market

About This Lot

As of March 2016

Great piece of land for sale right out here in Richmond! 0.16 acres, settled right in the Melrose subdivision and is located right off the highway! With a price like this it certainly won't last long, come take a look today! Buyer responsible for all HOA transfer fees. Listing broker & seller assume no responsibility and make no guarantees, warranties or representations as to the availability or accuracy of information herein. All info must be verified by the purchaser.

Last Agent to Sell the Property

Brian Liggan

Virginia Capital Realty License #0225176357 Listed on: 02/19/2016

Co-Listed By

Leigh Ann Barber

Virginia Capital Realty License #0225139870

Last Buyer's Agent

Rafael Valladares

North Point Realty License #0225076000

Property Details

Property Type

  • Land

Lot Details

  • 6,839 Sq Ft Lot
  • Zoning described as R-5 Single Family

Schools

  • None Elementary School
  • Boushall Middle School
  • Richmond High School For The Arts

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Phone Not Available

Community Details

  • Melrose Subdivision

Listing and Financial Details

  • Assessor Parcel Number S0071579011

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.157
  • Co List Office Mls Id: VACR01
  • Co List Office Phone: 804-545-6300
  • Ownership: Corporate,REO
  • Subdivision Name: Melrose
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: RealEstateOwned

Interior Features

  • Basement YN: No

Exterior Features

  • Waterfront: No

Utilities

  • Electric: None
  • Sewer: Other
  • Water Source: Other
  • Electricity On Property: No
  • Utilities: Natural Gas Not Available, Phone Not Available

Schools

  • Middle Or Junior School: Boushall

Lot Info

  • Parcel Number: S0071579011
  • Zoning Description: R-5 Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 372.0

MLS Schools

  • Elementary School: None
  • High School: Richmond High School for the Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 16, 2016
Sold by
The Bank Of New York Mellon As Trustee
Bought by
Quintanilla Oscar S and Quintanilla Glenis S
Seller's Agent
Brian Liggan
Virginia Capital Realty
Buyer's Agent
Rafael Valladares
North Point Realty
List Price
$7,500
Sold Price
$7,125
Premium/Discount to List
-$375
-5%
Current Estimated Value
$197,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,375
Avg. Annual Appreciation
40.50%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Commonwealth Trustees Llc Substitute Tru
Bought by
The Bank Of New York Mellon Trustee and The Cwabs Inc Asset Backed Certificates
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quintanilla Oscar S $7,125 Attorney
The Bank Of New York Mellon Trustee $16,755 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $7,125 -5.0% $5 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $7,500 -- $5 / 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 $660 $55,000 $55,000 $0
2024 $540 $45,000 $45,000 $0
2023 $432 $36,000 $36,000 $0
2022 $432 $36,000 $36,000 $0
2021 $120 $16,000 $16,000 $0
2020 $120 $10,000 $10,000 $0
2019 $120 $10,000 $10,000 $0
2018 $1,064 $10,000 $10,000 $0
2017 $120 $10,000 $10,000 $0
2016 $372 $31,000 $10,000 $21,000
2015 $1,912 $48,000 $10,000 $38,000
2014 $1,912 $48,000 $10,000 $38,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1604525

Central Virginia Regional MLS

APN: S007-1579-011