NOT LISTED FOR SALE

2705 Local St Henrico, VA 23231

Varina Neighborhood

Estimated Value: $380,000 - $426,000

4 Beds
2.5 Baths
2,148 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $217,000 $101 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,357/month

132 Days on Market

Highlights

  • 1.21 Acre Lot
  • Wood Flooring
  • Separate Formal Living Room
  • Deck
  • 2 Fireplaces
  • Circular Driveway

About This Home

As of October 2017

Huge Reduction!! I level 1 owner home on 1.20 Acre of level land.Awesome ,well maintained brick and Vinyl. B home that offers formal Living and Dining Rooms plus a huge Florida Room,4 spacious bedrooms ,2 full baths and also half bath,large family Room with brick wood burning fireplace and also a stone fireplace in the formal living room . This home is move in condition and is ready for immed. occupancy at closing .

Last Agent to Sell the Property

Marianne Warren

Realty Richmond License #0225052902 Listed on: 03/21/2017

Last Buyer's Agent

Marianne Warren

Realty Richmond License #0225052902 Listed on: 03/21/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 1978

Lot Details

  • 1.21 Acre Lot
  • Level Lot
  • Zoning described as A1

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Dining Area
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • No Garage
  • Circular Driveway

Outdoor Features

  • Deck
  • Front Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • Gibbs Estates Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 817-681-0957

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,844

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1978
  • Property Attached Yn: No
  • Lot Size Acres: 1.2062
  • Water Body Name: 0
  • Ownership: Individuals
  • Subdivision Name: Gibbs Estates
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Dining Area, Separate/Formal Dining Room, Bath in Primary Bedroom, Main Level Primary
  • Living Area: 2148.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick Veneer, Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Circular Driveway, No Garage

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Rolfe

Lot Info

  • Parcel Number: 817-681-0957
  • Zoning Description: A1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1844.0
  • Tax Lot: 2

MLS Schools

  • Elementary School: Varina
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2017
Closed on
Oct 9, 2017
Sold by
Peay Margaret E
Bought by
Davis George Washington
Seller's Agent
Marianne Warren
Realty Richmond
Buyer's Agent
Marianne Warren
Realty Richmond
List Price
$239,900
Sold Price
$217,000
Premium/Discount to List
-$22,900
-9.55%
Current Estimated Value
$396,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,372
Avg. Annual Appreciation
7.87%
Original Mortgage
$224,161
Outstanding Balance
$187,288
Interest Rate
3.83%
Mortgage Type
VA
Estimated Equity
$209,084

Purchase Details

Closed on
May 6, 2002
Bought by
Peay Eugene A and Peay Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,398
Interest Rate
7.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Davis George Washington $217,000 Attorney
Peay Eugene A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis George Washington $224,161
Previous Owner Peay Eugene A $47,398
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2017 10/31/17 Sold $217,000 -1.3% $101 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $219,900 -8.3% $102 / Sq Ft
03/21/2017 03/21/17 For Sale $239,900 -- $112 / 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 $2,962 $335,300 $50,000 $285,300
2024 $2,962 $316,700 $46,000 $270,700
2023 $2,692 $316,700 $46,000 $270,700
2022 $2,372 $279,000 $43,000 $236,000
2021 $2,172 $237,200 $43,000 $194,200
2020 $2,064 $237,200 $43,000 $194,200
2019 $1,973 $226,800 $43,000 $183,800
2018 $1,937 $222,600 $43,000 $179,600
2017 $0 $212,000 $43,000 $169,000
2016 -- $197,200 $43,000 $154,200
2015 $143 $197,200 $43,000 $154,200
2014 $143 $188,800 $43,000 $145,800
Source: Public Records

Agents Affiliated with this Home

  • Marianne Warren

    Seller's Agent in 2017

    Marianne Warren

    Realty Richmond

    (804) 512-6885

    1 in this area

    26 Total Sales

    Marianne Warren
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Map

Source: Central Virginia Regional MLS

MLS Number: 1709926

Central Virginia Regional MLS

APN: 817-681-0957

Virginia Henrico County Henrico 23231 Varina

2705 Local St, Henrico, VA

This home is located at 2705 Local St, Henrico, VA 23231 since 21 March 2017 and is currently estimated at $396,372, approximately $184 per square foot. This property was built in 1978. 2705 Local St is a home located in Henrico County with nearby schools including Mehfoud Elementary School, Varina Elementary, and John Rolfe Middle 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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