NOT LISTED FOR SALE

2403 Merle St Henrico, VA 23231

Estimated Value: $197,000 - $251,000

2 Beds
1 Bath
672 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 05, 2013

Last sale price $39,000 $58 Per Sq Ft

Est. 459% increase in value since last sale

Current estimated payment $1,302/month

83 Days on Market

About This Home

As of September 2013

What a great investment! This home is priced way below the assessment! The property is a charming home with a living room, kitchen and two bedrooms. Don't miss this one! This is a Fannie Mae HomePath property. Purchase this property for as little as 3 percent down! This property is approved for HomePath Renovation Mortgage Financing and HomePath Mortgage Financing.

Last Agent to Sell the Property

Joey Schlager

Pirch Real Estate LLC License #0225228321 Listed on: 05/23/2013

Last Buyer's Agent

Matt Jarreau

Hometown Realty License #0225175691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,381

Year Built

  • 1950

Lot Details

  • 7,841

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 806-716-7557

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,381

Year Built

1950

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 58.04
  • Finished Sq Ft: 672
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Number of Rooms: 4
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Access Panel
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Composition
  • Siding: Aluminum, Vinyl

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Schools

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

Lot Info

  • Zoning: R-4
  • Lot: 4
  • Parcel Number: 806-716-7557

Multi Family

  • Attachment Count: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2013
Closed on
Aug 27, 2013
Sold by
Fannie Mae
Bought by
Dabney Homes Llc
Seller's Agent
Joey Schlager
Pirch Real Estate LLC
Buyer's Agent
Matt Jarreau
Hometown Realty
List Price
$51,000
Sold Price
$39,000
Premium/Discount to List
-$12,000
-23.53%
Current Estimated Value
$217,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,872
Avg. Annual Appreciation
15.66%

Purchase Details

Closed on
Sep 20, 2012
Sold by
White Sub Tr Samuel I and Brown Reggie
Bought by
Fed National Mtg Assn

Purchase Details

Closed on
Oct 28, 2004
Sold by
Lukowsky Kristinia C
Bought by
Brown Reggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2000
Sold by
Kelley Patricia T
Bought by
Lukowsky Kristina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,900
Interest Rate
7.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Dabney Homes Llc $39,000 --
Fed National Mtg Assn $89,566 --
Brown Reggie $76,500 --
Lukowsky Kristina C $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Reggie $612,000
Previous Owner Lukowsky Kristina C $57,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2013 09/05/13 Sold $39,000 -23.5% $58 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
05/23/2013 05/23/13 For Sale $51,000 -- $76 / 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 $1,381 $155,400 $36,000 $119,400
2024 $1,381 $151,400 $32,000 $119,400
2023 $1,287 $151,400 $32,000 $119,400
2022 $992 $122,500 $30,000 $92,500
2021 $933 $95,200 $26,000 $69,200
2020 $585 $95,200 $26,000 $69,200
2019 $476 $82,700 $24,000 $58,700
2018 $497 $85,100 $24,000 $61,100
2017 $469 $81,900 $24,000 $57,900
2016 $448 $79,500 $24,000 $55,500
2015 $448 $79,500 $24,000 $55,500
2014 $448 $79,500 $24,000 $55,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Joey Schlager

    Pirch Real Estate LLC

    Section Image
  • Matt Jarreau

    Buyer's Agent in 2013

    Matt Jarreau

    Hometown Realty

    (804) 306-9019

    5 in this area

    757 Total Sales

    Matt Jarreau
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1313852

Central Virginia Regional MLS

APN: 806-716-7557

Virginia Henrico County Henrico 23231

2403 Merle St, Henrico, VA

This home is located at 2403 Merle St, Henrico, VA 23231 since 23 May 2013 and is currently estimated at $217,872, approximately $324 per square foot. This property was built in 1950. 2403 Merle St 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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