NOT LISTED FOR SALE

Estimated Value: $187,000 - $209,000

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

Last Sold January 29, 2016

Last sale price $60,000 $67 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $1,239/month

68 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Carpet
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of January 2016

Charming brick rancher in the east end of Richmond. Established neighborhood with very convenient location to all major highways, shopping areas and parks. This is a 3 bedroom 1 bath brick home with tons of character and charm! Very large front and rear yard.

Last Agent to Sell the Property

Michael Latimer

Commonwealth Real Estate Co License #0225206950 Listed on: 10/30/2015

Last Buyer's Agent

Mike Hogan

The Hogan Group Real Estate License #0225093823

The Hogan Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Zoning described as R-4

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • Montezuma Gardens Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 803-729-2571

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1959
  • Property Attached Yn: No
  • Lot Size Acres: 0.2597
  • Ownership: Individuals
  • Subdivision Name: Montezuma Gardens
  • 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: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 900.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Construction Type: Brick
  • Property Condition: Resale

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Wall Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 803-729-2571
  • Zoning Description: R-4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 740.37
  • Tax Lot: 18

MLS Schools

  • Elementary School: Ratcliffe
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jan 28, 2016
Sold by
Crawley Adonis T
Bought by
Patterson Michael and Patterson Bethany
Seller's Agent
Michael Latimer
Commonwealth Real Estate Co
Buyer's Agent
Mike Hogan
The Hogan Group Real Estate
List Price
$100,000
Sold Price
$60,000
Premium/Discount to List
-$40,000
-40%
Current Estimated Value
$202,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,112
Avg. Annual Appreciation
13.68%
Original Mortgage
$48,000
Outstanding Balance
$38,593
Interest Rate
3.97%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$163,519

Purchase Details

Closed on
Nov 14, 2005
Sold by
Prasad Ravi
Bought by
Crawley Adonis T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Patterson Michael $60,000 Taylor Taylor & Taylor Inc
Crawley Adonis T $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Michael $48,000
Previous Owner Crawley Adonis T $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $60,000 -40.0% $67 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $100,000 -- $111 / 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 $1,475 $161,300 $34,000 $127,300
2024 $1,475 $150,100 $34,000 $116,100
2023 $1,276 $150,100 $34,000 $116,100
2022 $936 $115,600 $32,000 $83,600
2021 $925 $95,100 $26,000 $69,100
2020 $827 $95,100 $26,000 $69,100
2019 $811 $93,200 $26,000 $67,200
2018 $772 $88,700 $26,000 $62,700
2017 $756 $86,900 $26,000 $60,900
2016 $740 $85,100 $26,000 $59,100
2015 $740 $85,100 $26,000 $59,100
2014 $740 $85,100 $26,000 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1529769

Central Virginia Regional MLS

APN: 803-729-2571