NOT LISTED FOR SALE

Estimated Value: $236,000 - $326,314

4 Beds
4 Baths
2,222 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $125,000 $56 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,813/month

17 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Heat Pump System
  • Open High School Rated A+
  • Cooling Available

About This Home

As of October 2018

4 Bedroom/4 full bath 2 story with 2 kitchens and a large front porch. Property divided into multiple units and currently tenant occupied. Seller is motivated! Good investment property. Contact agent for details.

Last Agent to Sell the Property

Marc Austin Highfill

Exit First Realty License #0225061966 Listed on: 08/31/2018

Co-Listed By

Austin Highfill

KW Metro Center License #0225203877

Last Buyer's Agent

Coretta Morris

United Real Estate Richmond License #0225190495

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1925

Lot Details

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

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 2,222 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Melrose Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number S007-1577-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1925
  • Property Attached Yn: No
  • Lot Size Acres: 0.1573
  • Co List Office Mls Id: EXFR01
  • Co List Office Phone: 804-527-3948
  • Ownership: Individuals
  • Subdivision Name: Melrose
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Laminate, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2222.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric
  • Cooling: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Boushall

Lot Info

  • Parcel Number: S007-1577-018
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 840.0
  • Tax Lot: 18

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
Aug 31, 2018
Closed on
Oct 5, 2018
Sold by
Spengler Peter J
Bought by
Robinson Stacey
Seller's Agent
Marc Austin Highfill
Exit First Realty
Buyer's Agent
Coretta Morris
United Real Estate Richmond
List Price
$129,950
Sold Price
$125,000
Premium/Discount to List
-$4,950
-3.81%
Current Estimated Value
$299,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,829
Avg. Annual Appreciation
12.90%
Original Mortgage
$100,000
Outstanding Balance
$87,206
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$212,623

Purchase Details

Closed on
Nov 6, 2008
Sold by
Real Estate Remedies Llc
Bought by
Spengler Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,676
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2002
Sold by
Boyle Lorna
Bought by
Boyle Lorna
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
Robinson Stacey $125,000 Attorney
Spengler Peter J $60,000 --
Boyle Lorna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Stacey $100,000
Previous Owner Spengler Peter J $59,676
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $125,000 -3.8% $56 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $129,950 -- $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 $2,904 $242,000 $55,000 $187,000
2024 $2,928 $244,000 $45,000 $199,000
2023 $2,520 $210,000 $36,000 $174,000
2022 $2,052 $171,000 $36,000 $135,000
2021 $1,380 $139,000 $16,000 $123,000
2020 $1,380 $115,000 $10,000 $105,000
2019 $1,020 $85,000 $10,000 $75,000
2018 $840 $70,000 $10,000 $60,000
2017 $840 $70,000 $10,000 $60,000
2016 $840 $70,000 $10,000 $60,000
2015 $924 $77,000 $10,000 $67,000
2014 $924 $77,000 $10,000 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1831404

Central Virginia Regional MLS

APN: S007-1577-018