$70,000
SOLD OCT 3, 2012
5 Beds
2 Baths
2,187 Sq Ft
0.28 Acres

Recently Sold

$32 Per Sq Ft

27% Above List Price

91 Days on Market

About This Home

As of February 2013

****HUGE PRICE REDUCTION**** IF THIS PROPERTY IS NOT ON YOUR "INVESTOR" SHORT LIST ""IT SHOULD BE !!"" A single family home that has been converted into a Duplex...2 kitchens, 5 bedrooms, 2 full baths,1/2 bath.., jacuzzi tub, 2-tier deck, country Front porch, large out building, Private fenced-in Lot in the Heart of South Richmond..a little TLC could bring back this well thought out gem to its original luster. This Property could house a very large family or could be a center piece in an Investors Rental Portfolio....This one will not last long..Believe Me !!

Last Agent to Sell the Property

Daniel Nieding

New Market Realty License #0225093722 Listed on: 05/25/2012

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,636

Year Built

  • 1940

Home Design

  • Shingle Roof

Interior Spaces

  • Property has 2 Levels

Flooring

  • Partially Carpeted
  • Linoleum
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number C0090595028

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,636

Year Built

1940

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 32.01
  • Finished Sq Ft: 2187
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Flooring: Carpet-Part, Linoleum, Tile-Ceramic, Vinyl
  • Interior: Sunken Tub, Washer Hookup, Separate Suite, Satellite Dish, Jetted Tub, French Doors, Hot Tub, Eat-In-Kitchen, Ceiling Fan
  • Number of Rooms: 8
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Attic: Access Panel
  • Number Of Levels: 2.00

Exterior Features

  • Frontage Road: 97
  • Fence: All Fenced, Chain Link
  • Exterior: Out Building
  • Roof: Shingled
  • Siding: Aluminum
  • Wall Type: Drywall, Plaster, Mixed

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Summer Hill
  • Middle School: Boushall
  • High School: Wythe

Lot Info

  • Zoning: R-4 SINGLE FAMILY
  • Lot: 17-18
  • Parcel Number: C0090595028

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2012
Sold by
Profl Foreclosure Corp Of Va
Bought by
Secy Of H U D
Current Estimated Value
$345,912

Purchase Details

Closed on
Jun 13, 2002
Sold by
Sec Of Hud
Bought by
Lewis Peggy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,551
Interest Rate
6.8%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Trustee Deed $699,723 --
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $20,000 Non Purchase Money Mortgage
Previous Owner $74,551 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2013 02/06/13 Sold $35,000 -21.3% $16 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
12/20/2012 12/20/12 For Sale $44,500 -36.4% $20 / Sq Ft
10/03/2012 10/03/12 Sold $70,000 +27.3% $32 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $55,000 -- $25 / 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 $3,636 $303,000 $67,000 $236,000
2024 $3,504 $292,000 $51,000 $241,000
2023 $3,324 $277,000 $51,000 $226,000
2022 $2,760 $230,000 $41,000 $189,000
2021 $2,088 $176,000 $30,000 $146,000
2020 $1,812 $174,000 $30,000 $144,000
2019 $960 $158,000 $30,000 $128,000
2018 $504 $120,000 $20,000 $100,000
2017 $1,440 $120,000 $20,000 $100,000
2016 $504 $120,000 $20,000 $100,000
2015 $786 $120,000 $20,000 $100,000
2014 $786 $120,000 $20,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1213720

Central Virginia Regional MLS

APN: C009-0595-028