Seller's Agent in 2019
Chad Seay
Seay Real Estate
(804) 559-2665
5 in this area
226 Total Sales
2503 Gay Ave Henrico, VA 23231
Estimated Value: $222,000 - $271,000
3
Beds
1
Bath
1,328
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Waterfront
- Wood Flooring
- Eat-In Kitchen
- Cape Cod Architecture
- 2 Car Detached Garage
- Storm Windows
About This Home
As of June 2019Henrico County Cape Cod with two car garage, fully fenced yard and screened porch! Front door enters a hardwood floored living room that flows well into the kitchen. Two bedrooms a dining area and full bath are also found on this level along with an enclosed side porch. Upstairs is another bedroom and a great office/ hobby space. Additional outbuildings too! Super convenient location providing quick access to downtown Richmond, Church Hill, Rocketts Landing, Richmond International Airport and more. Shopping and dining are close by at Shops at White Oak Village. Property is being sold as is and is priced to allow for needed improvements. One year warranty. A great find for an investor or owner occupant.
Last Agent to Sell the Property
Seay Real Estate License #0225043676 Listed on: 03/16/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $890
Year Built
- Built in 1950
Lot Details
- 9,670 Sq Ft Lot
- Waterfront
- Property is Fully Fenced
- Chain Link Fence
- Level Lot
- Zoning described as R4
Parking
- 2 Car Detached Garage
- On-Street Parking
Home Design
- Cape Cod Architecture
- Frame Construction
- Composition Roof
- Aluminum Siding
Interior Spaces
- 1,328 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Dining Area
- Crawl Space
- Storm Windows
- Stacked Washer and Dryer
Kitchen
- Eat-In Kitchen
- Oven
- Electric Cooktop
- Stove
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
- 1 Full Bathroom
Schools
- Montrose Elementary School
- Rolfe Middle School
- Varina High School
Utilities
- Window Unit Cooling System
- Floor Furnace
- Heating System Uses Oil
- Baseboard Heating
- Water Heater
Community Details
- Kings Hill Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 807-716-1471
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2019
Closed on
May 28, 2019
Sold by
The Estate Of Raymond Wesley Matthews
Bought by
Alder David L and Alder Michelle W
Seller's Agent
Chad Seay
Seay Real Estate
Buyer's Agent
Mark Adams
EXP Realty LLC
List Price
$99,900
Sold Price
$84,000
Premium/Discount to List
-$15,900
-15.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,788
Avg. Annual Appreciation
18.87%
Original Mortgage
$71,400
Interest Rate
4.1%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alder David L | $84,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alder David L | $125,000 | |
| Closed | Alder David L | $50,000 | |
| Closed | Alder David L | $71,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2019 06/21/19 | Sold | $84,000 | -6.6% | $63 / Sq Ft |
| 04/24/2019 04/24/19 | Pending | -- | -- | -- |
| 04/09/2019 04/09/19 | Price Changed | $89,900 | -10.0% | $68 / Sq Ft |
| 03/16/2019 03/16/19 | For Sale | $99,900 | -- | $75 / Sq Ft |
Source: Central Virginia Regional MLS
Tax History Compared to Growth
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 | $1,659 | $187,600 | $36,000 | $151,600 |
| 2024 | $1,659 | $183,600 | $32,000 | $151,600 |
| 2023 | $1,561 | $183,600 | $32,000 | $151,600 |
| 2022 | $1,204 | $148,600 | $30,000 | $118,600 |
| 2021 | $1,141 | $116,800 | $26,000 | $90,800 |
| 2020 | $1,016 | $116,800 | $26,000 | $90,800 |
| 2019 | $890 | $102,300 | $24,000 | $78,300 |
| 2018 | $0 | $105,200 | $24,000 | $81,200 |
| 2017 | $0 | $101,400 | $24,000 | $77,400 |
| 2016 | $0 | $98,500 | $24,000 | $74,500 |
| 2015 | -- | $98,500 | $24,000 | $74,500 |
| 2014 | -- | $98,500 | $24,000 | $74,500 |
Source: Public Records
Agents Affiliated with this Home
-
Chad Seay
-
Mark Adams
Buyer's Agent in 2019
Mark Adams
EXP Realty LLC
(804) 387-6200
2 in this area
112 Total Sales
Map
Source: Central Virginia Regional MLS
MLS Number: 1908014
APN: 807-716-1471
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.
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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