NOT LISTED FOR SALE

3502 E Broad St Richmond, VA 23223

Chimborazo Neighborhood

Estimated Value: $803,000 - $1,285,000

5 Beds
4 Baths
4,947 Sq Ft
$223/Sq Ft Est. Value

Sale Details

Date Sold: December 11, 2020

Last sale price $818,000 $165 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,843 / mo

About This Home

This home is located at 3502 E Broad St, Richmond, VA 23223 and is currently estimated at $1,103,290, approximately $223 per square foot. 3502 E Broad St is a home located in Richmond City with nearby schools including Chimborazo Elementary School, Martin Luther King Jr. Middle School, and Armstrong High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 7, 2020
Sold by
Hunter Colin and Hunter Margaret
Bought by
Hake Allison L and Hake Adam M
Seller's Agent
Meg Grymes
The Steele Group
Buyer's Agent
James Ransone
Long & Foster REALTORS
List Price
$825,000
Sold Price
$818,000
Premium/Discount to List
-$7,000
-0.85%
Current Estimated Value
$1,103,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,290
Avg. Annual Appreciation
5.76%

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jan 11, 2016
Sold by
Rayborn Christopher D and Higinbotham Carder
Bought by
Hunter Colin and Hunter Margaret
Seller's Agent
Sally Syrquin
Shaheen Ruth Martin & Fonville
Buyer's Agent
Kim Nix
Nest Realty Group
List Price
$625,000
Sold Price
$617,000
Premium/Discount to List
-$8,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$493,600
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Pitzer Vance
Bought by
Rayborn Christopher and Higinbotham,Carder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Commonwealth Capital Inve
Bought by
Pitzer Vance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
5.62%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 22, 2002
Sold by
Acree Stephen G
Bought by
Commonwealth Capital Investmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 1999
Sold by
Hailey Charles A
Bought by
Acree Stephen G and Acree Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
6.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Hake Allison L $818,000 Chicago Title
Hunter Colin $617,000 Attorney
Rayborn Christopher $480,900 --
Pitzer Vance $433,500 --
Commonwealth Capital Investmen $250,000 --
Acree Stephen G $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Colin $493,600
Previous Owner Rayborn Christopher $384,000
Previous Owner Pitzer Vance $467,000
Previous Owner Commonwealth Capital Investmen $355,000
Previous Owner Acree Stephen G $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $818,000 -0.8% $165 / Sq Ft View Prior Sale
10/18/2020 10/18/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $825,000 +33.7% $167 / Sq Ft
01/20/2016 01/20/16 Sold $617,000 -1.3% $129 / Sq Ft View Prior Sale
11/19/2015 11/19/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $625,000 -- $131 / Sq Ft

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 $11,436 $953,000 $195,000 $758,000
2024 $10,812 $901,000 $170,000 $731,000
2023 $10,176 $848,000 $155,000 $693,000
2022 $8,172 $681,000 $115,000 $566,000
2020 $7,860 $655,000 $105,000 $550,000
2019 $7,344 $612,000 $90,000 $522,000
2018 $7,248 $604,000 $90,000 $514,000
2017 $7,224 $602,000 $85,000 $517,000
2016 $5,582 $502,000 $60,000 $442,000
2015 $4,637 $487,000 $60,000 $427,000
2014 $4,637 $460,000 $60,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • Meg Grymes

    Seller's Agent in 2020

    Meg Grymes

    The Steele Group

    (804) 625-2533

    56 Total Sales

    Meg Grymes
    Section Image
  • James Ransone

    Buyer's Agent in 2020

    James Ransone

    Long & Foster

    (804) 690-3420

    56 Total Sales

    James Ransone
    Section Image

  • S

    Seller's Agent in 2016

    Sally Syrquin

    Shaheen Ruth Martin & Fonville

    Section Image
  • Kim Nix

    Buyer's Agent in 2016

    Kim Nix

    Nest Realty Group

    (804) 223-2216

    1 in this area

    63 Total Sales

    Kim Nix
    Section Image
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Map

Virginia Richmond City County Richmond 23223 Chimborazo

3502 E Broad St, Richmond, VA

Not Listed for Sale

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