NOT LISTED FOR SALE

3508 E Richmond Rd Unit 1 Richmond, VA 23223

Oakwood Neighborhood

Estimated Value: $103,430 - $124,000

2 Beds
1 Bath
822 Sq Ft
784 Sq Ft Lot

Last Sold June 15, 2012

Last sale price $33,000 $40 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $671/month

127 Days on Market

About This Home

As of June 2012

Fantastic ground level one story unit. Freshly painted and just recarpeted. Two spacious bedrooms, utility room and recently renovated kitchen make this unit a must see. Terrific price, seller offering a two year home warranty for qualified buyers. Call agent today. Repaired.

Last Agent to Sell the Property

David Seibert

Real Broker LLC License #0225189389 Listed on: 01/10/2012

Real Broker LLC

Last Buyer's Agent

George Cumming

Long & Foster REALTORS License #0225068456

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $960

Year Built

  • 1940

Lot Details

  • 784

Home Design

  • Shingle Roof

Interior Spaces

  • Property has 1 Level
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number E0001763106

Property Details

Home Type

Condominium

Est. Annual Taxes

$960

Year Built

1940

Lot Details

0

Listing Details

  • Structure: Concrete, Frame
  • Price Per Finished Sq Ft: 40.15
  • Finished Sq Ft: 822
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 1940

Interior Features

  • Flooring: Carpet-Part
  • Interior: Dryer Hookup, Washer Hookup
  • Number of Rooms: 4
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: No Attic
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Shingled
  • Siding: Brick

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water

Association/Amenities

  • Amenities: Common Area, Landscaping

Fee Information

  • Fee: 88.00
  • Fee Period: Monthly

Schools

  • Elementary School: George Mason
  • Middle School: Martin Luther King Jr.
  • High School: Armstrong

Lot Info

  • Zoning: R-53 Multi Family
  • Parcel Number: E0001763106

Multi Family

  • Attachment Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2012
Closed on
Jun 4, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Connie
Seller's Agent
David Seibert
Real Broker LLC
Buyer's Agent
George Cumming
Long & Foster REALTORS
List Price
$49,900
Sold Price
$33,000
Premium/Discount to List
-$16,900
-33.87%
Current Estimated Value
$107,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,059
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Sep 15, 2011
Sold by
Samuel I White Pc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 3, 2007
Sold by
Church Hill Villas
Bought by
Mall Sunaina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,050
Interest Rate
6.67%
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
Smith Connie $33,000 --
Federal Home Loan Mortgage Corporation $83,700 --
Mall Sunaina S $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mall Sunaina S $85,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $33,000 -33.9% $40 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $49,900 -- $61 / 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 $960 $80,000 $14,000 $66,000
2024 $852 $71,000 $14,000 $57,000
2023 $732 $61,000 $14,000 $47,000
2022 $732 $61,000 $14,000 $47,000
2021 $696 $61,000 $14,000 $47,000
2020 $1,095 $58,000 $12,000 $46,000
2019 $1,170 $62,000 $15,000 $47,000
2018 $744 $62,000 $15,000 $47,000
2017 $900 $75,000 $15,000 $60,000
2016 $900 $75,000 $15,000 $60,000
2015 $1,536 $82,000 $15,000 $67,000
2014 $1,536 $82,000 $15,000 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1200948

Central Virginia Regional MLS

APN: E000-1763-106