NOT LISTED FOR SALE

2703 Elgin Rd Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $223,762 - $268,000

3 Beds
1 Bath
1,083 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $78,000 $72 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,400/month

83 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2016

Cute 3 bedroom 1 bath Ranch features hardwood floors, spacious kitchen, living room, dining room, nice backyard and nice sized bedrooms. Huge backyard. Great for investor or first time homebuyer. Sold as-is.

Last Agent to Sell the Property

Christie Lomax

Virginia Capital Realty License #0225089692 Listed on: 12/09/2015

Virginia Capital Realty

Last Buyer's Agent

Darlene Brent

Long & Foster REALTORS License #0225030280

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • Back Yard Fenced
  • Zoning described as R-4

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 1,083 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Stoop

Schools

  • Ratcliffe Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • Oxford Court Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 803-732-7878

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Property Attached Yn: No
  • Lot Size Acres: 0.2824
  • Ownership: Individuals
  • Subdivision Name: Oxford Court
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1083.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Aluminum Siding, Brick
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

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

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 803-732-7878
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 814.32
  • Tax Lot: 2

MLS Schools

  • Elementary School: Ratcliffe
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2015
Closed on
Apr 18, 2016
Sold by
Scott-Gray Annie
Bought by
Hughes Timothy E
Seller's Agent
Christie Lomax
Virginia Capital Realty
Buyer's Agent
Darlene Brent
Long & Foster REALTORS
List Price
$85,000
Sold Price
$78,000
Premium/Discount to List
-$7,000
-8.24%
Current Estimated Value
$243,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,691
Avg. Annual Appreciation
12.59%
Original Mortgage
$103,677
Interest Rate
4.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hughes Timothy E $78,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Timothy E $103,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2016 06/09/16 Sold $78,000 -8.2% $72 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
12/09/2015 12/09/15 For Sale $85,000 -- $78 / 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 $1,508 $160,300 $34,000 $126,300
2024 $1,508 $151,000 $34,000 $117,000
2023 $1,284 $151,000 $34,000 $117,000
2022 $1,036 $127,900 $32,000 $95,900
2021 $952 $103,500 $26,000 $77,500
2020 $900 $103,500 $26,000 $77,500
2019 $883 $101,500 $26,000 $75,500
2018 $849 $97,600 $26,000 $71,600
2017 $832 $95,600 $26,000 $69,600
2016 $814 $93,600 $26,000 $67,600
2015 $823 $93,600 $26,000 $67,600
2014 $823 $94,600 $26,000 $68,600
Source: Public Records

Agents Affiliated with this Home

  • Christie Lomax

    Seller's Agent in 2016

    Christie Lomax

    Virginia Capital Realty

    (804) 350-2023

    6 in this area

    54 Total Sales

    Christie Lomax
    Section Image
  • Darlene Brent

    Buyer's Agent in 2016

    Darlene Brent

    Long & Foster

    (804) 937-6843

    8 in this area

    174 Total Sales

    Darlene Brent
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1532360

Central Virginia Regional MLS

APN: 803-732-7878

Virginia Henrico County Richmond 23223 Fairfield

2703 Elgin Rd, Richmond, VA

Not Listed for Sale

Detached

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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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