NOT LISTED FOR SALE

2507 Merle St Henrico, VA 23231

Estimated Value: $231,000 - $255,000

3 Beds
1 Bath
1,032 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $189,500 $184 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,531/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Central Air
  • Deck
  • 2 Car Detached Garage
  • Heating Available

About This Home

As of November 2021

Stunning 3 bedroom cape home with huge 2 car detached garage! This beautiful freshly painted home has refinished floors, new carpet, newer HVAC 2017, concrete driveway, fenced back yard, and covered porch! Roof is NEW as of March 2021!! This home is conveniently located near shopping and restaurants and is a must see!

Last Agent to Sell the Property

Alan King

Larry King Realty License #0225175902 Listed on: 09/24/2021

Last Buyer's Agent

A J Bohannon

Virginia Capital Realty License #0225240130

Virginia Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,068

Year Built

  • Built in 1951

Lot Details

  • 9,322

Parking

  • 2 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Water Heater

Additional Features

  • Deck
  • Back Yard Fenced

Community Details

  • Kings Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 807-716-2738

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,068

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Property Attached Yn: No
  • Ownership: Individuals
  • Subdivision Name: Kings Hill
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Flooring: Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 1032.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Back Yard
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Aluminum Siding, Block, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Rolfe

Lot Info

  • Parcel Number: 807-716-2738
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1068.0

MLS Schools

  • Elementary School: Montrose
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 9, 2021
Sold by
Bush David C
Bought by
Costello Stephen A
Seller's Agent
Alan King
Larry King Realty
Buyer's Agent
A J Bohannon
Virginia Capital Realty
List Price
$185,000
Sold Price
$189,500
Premium/Discount to List
$4,500
2.43%
Total Days on Market
4
Current Estimated Value
$247,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,376
Avg. Annual Appreciation
7.86%
Original Mortgage
$6,632
Outstanding Balance
$6,136
Interest Rate
3.09%
Mortgage Type
Stand Alone Second
Estimated Equity
$241,740

Purchase Details

Closed on
May 30, 2002
Sold by
Bobadilla Denise E
Bought by
Bush David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7%
Mortgage Type
VA
Source: Public Records

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Range of Values:

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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
Costello Stephen A $189,500 Attorney
Bush David C $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Stephen A $6,632
Open Costello Stephen A $186,067
Previous Owner Bush David C $110,000
Previous Owner Bush David C $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $189,500 +2.4% $184 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $185,000 -- $179 / 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 $1,672 $187,300 $36,000 $151,300
2024 $1,672 $183,300 $32,000 $151,300
2023 $1,521 $183,300 $32,000 $151,300
2022 $1,277 $150,200 $30,000 $120,200
2021 $1,061 $109,500 $26,000 $83,500
2020 $897 $109,500 $26,000 $83,500
2019 $0 $96,700 $24,000 $72,700
2018 $0 $100,000 $24,000 $76,000
2017 $0 $96,700 $24,000 $72,700
2016 -- $94,100 $24,000 $70,100
2015 $819 $94,100 $24,000 $70,100
2014 $819 $94,100 $24,000 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2129515

Central Virginia Regional MLS

APN: 807-716-2738