NOT LISTED FOR SALE

3122 Letcher Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $197,000 - $262,987

3 Beds
1 Bath
1,232 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $102,000 $83 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,389/month

39 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Partially Fenced Property
  • Open High School Rated A+
  • Central Air
  • 2-minute walk to Hotchkiss Park

About This Home

As of August 2018

Classic American home in Northside Richmond. Bright and sunny 3 bedroom, 1bath. Stainless Refrigerator and new washing machine. refinished hardwood floors, new vinyl siding and front porch decking.

Last Agent to Sell the Property

KENNETH E OLIVE

Bear Granville Corporation License #0225073318 Listed on: 05/31/2018

Last Buyer's Agent

Kelly Rivers

United Real Estate Richmond License #0225224862

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1927

Lot Details

  • 4,082 Sq Ft Lot
  • Partially Fenced Property
  • Zoning described as R-5

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Schools

  • J. B. Stuart Elementary School
  • Henderson Middle School
  • Marshall High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Highland Terrace Annex Subdivision
  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Tax Lot 342
  • Assessor Parcel Number N000-1052-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$876

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1927
  • Property Attached Yn: No
  • Lot Size Acres: 0.0937
  • Ownership: Corporate
  • Subdivision Name: Highland Terrace Annex
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1232.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Asphalt
  • Fencing: None, Partial
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Porch
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Heating: Natural Gas, Radiator(s)
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N000-1052-006
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 876.0
  • Tax Lot: 342

MLS Schools

  • Elementary School: J. B. Stuart
  • High School: Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Aug 15, 2018
Sold by
Urbanus Iii Llc
Bought by
Piervil Nancy
Seller's Agent
KENNETH E OLIVE
Bear Granville Corporation
Buyer's Agent
Kelly Rivers
United Real Estate Richmond
List Price
$110,000
Sold Price
$102,000
Premium/Discount to List
-$8,000
-7.27%
Current Estimated Value
$234,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,247
Avg. Annual Appreciation
12.17%
Original Mortgage
$100,152
Outstanding Balance
$86,978
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$147,269

Purchase Details

Closed on
Oct 29, 2007
Sold by
Deutsche Bank
Bought by
Kelly J Clinton

Purchase Details

Closed on
Dec 8, 2005
Sold by
Hicks Lisa J
Bought by
Lee Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2005
Sold by
Baker Lance A
Bought by
Johnson Hicks Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Interest Rate
5.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Piervil Nancy $102,000 Attorney
Kelly J Clinton $65,000 --
Lee Charles $120,000 --
Johnson Hicks Lisa $89,900 --
Johnson Hicks Lisa $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piervil Nancy $100,152
Previous Owner Lee Charles $108,000
Previous Owner Johnson Hicks Lisa $80,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $102,000 -7.3% $83 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $110,000 0.0% $89 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $110,000 -- $89 / 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 $1,848 $154,000 $64,000 $90,000
2024 $1,728 $144,000 $58,000 $86,000
2023 $1,680 $140,000 $58,000 $82,000
2022 $1,476 $123,000 $42,000 $81,000
2021 $1,224 $111,000 $32,000 $79,000
2020 $1,224 $102,000 $32,000 $70,000
2019 $912 $76,000 $20,000 $56,000
2018 $876 $73,000 $20,000 $53,000
2017 $876 $73,000 $20,000 $53,000
2016 $864 $72,000 $20,000 $52,000
2015 $479 $72,000 $20,000 $52,000
2014 $479 $72,000 $20,000 $52,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    KENNETH E OLIVE

    Bear Granville Corporation

    (804) 822-9362

    14 Total Sales

    KENNETH E OLIVE
    Section Image
  • Kelly Rivers

    Buyer's Agent in 2018

    Kelly Rivers

    United Real Estate Richmond

    (804) 314-6967

    1 in this area

    53 Total Sales

    Kelly Rivers
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1819484

Central Virginia Regional MLS

APN: N000-1052-006

Virginia Richmond City County Richmond 23222 Highland Park

3122 Letcher Ave, Richmond, VA

Not Listed for Sale

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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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