NOT LISTED FOR SALE

Estimated Value: $183,000 - $237,000

3 Beds
1 Bath
1,224 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $30,000 $25 Per Sq Ft

Est. 605% increase in value since last sale

Current estimated payment $1,236/month

34 Days on Market

Highlights

  • Cape Cod Architecture
  • Heating System Uses Oil
  • 5-minute walk to Bellemeade Park
  • Open High School Rated A+
  • 1-Story Property

About This Home

As of September 2017

This is a great investment rental income property, Cape Cod style home. This home is waiting for the right buyer. 3 bedrooms and 1 full baths with living room and kitchen. Home has a nice sized rear yard. This property is in need of some work but has great potential. "As Is/Where Is" sale. NO REPAIRS. Inspections (including termite) for info only & at Buyer's expense. Seller's Addendum will be required. Copy attached for info only. Actual Addendum will be issued upon offer acceptance.

Last Agent to Sell the Property

Andrew Bernstein

RE/MAX Commonwealth License #0225025708 Listed on: 07/11/2017

RE/MAX Commonwealth

Last Buyer's Agent

Rafael Valladares

North Point Realty License #0225076000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $648

Year Built

  • Built in 1949

Lot Details

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

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Wall Furnace

Community Details

  • Melrose Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 9
  • Assessor Parcel Number S007-1628-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$648

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Property Attached Yn: No
  • Lot Size Acres: 0.1573
  • Ownership: REO
  • Subdivision Name: Melrose
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1224.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Aluminum Siding, Block, Other, Vinyl Siding
  • Property Condition: Resale

Utilities

  • Heating: Oil, Wall Furnace
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Boushall

Lot Info

  • Parcel Number: S007-1628-009
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 648.0
  • Tax Lot: 9

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
Jul 11, 2017
Closed on
Aug 22, 2017
Sold by
Hsbc Bank Usa National Association
Bought by
Quintanilla Oscar and Quintanilla Glenis
Seller's Agent
Andrew Bernstein
RE/MAX Commonwealth
Buyer's Agent
Rafael Valladares
North Point Realty
List Price
$29,120
Sold Price
$30,000
Premium/Discount to List
$880
3.02%
Current Estimated Value
$211,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,492
Avg. Annual Appreciation
26.46%

Purchase Details

Closed on
Jun 16, 2017
Sold by
Professional Foreclosure Corporation Of
Bought by
Hsbc Bank Usa National Association As Tr
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 $30,000 Attorney
Hsbc Bank Usa National Association As Tr $19,132 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $30,000 +3.0% $25 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
07/11/2017 07/11/17 For Sale $29,120 -- $24 / 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 $1,536 $128,000 $55,000 $73,000
2024 $1,464 $122,000 $45,000 $77,000
2023 $1,248 $104,000 $36,000 $68,000
2022 $1,044 $87,000 $36,000 $51,000
2021 $468 $61,000 $16,000 $45,000
2020 $468 $39,000 $10,000 $29,000
2019 $408 $34,000 $10,000 $24,000
2018 $648 $54,000 $10,000 $44,000
2017 $648 $54,000 $10,000 $44,000
2016 $648 $54,000 $10,000 $44,000
2015 $636 $53,000 $10,000 $43,000
2014 $636 $53,000 $10,000 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1725541

Central Virginia Regional MLS

APN: S007-1628-009