NOT LISTED FOR SALE

3516 Patrick Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $211,259 - $267,000

3 Beds
1 Bath
927 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 17, 2016

Last sale price $40,000 $43 Per Sq Ft

Est. 467% increase in value since last sale

Current estimated payment $1,322/month

3 Days on Market

Highlights

  • Cape Cod Architecture
  • Cooling Available
  • Heat Pump System
  • Open High School Rated A+
  • Property is Fully Fenced
  • 5-minute walk to Providence Park Playground

About This Home

As of May 2016

BEST VALUE IN THE AREA AT A NEW REDUCED PRICE! Lovely Cape Style Home in Northside Richmond. Home has 3 bedrooms with a potential 4th in the walk up attic/storage room. Owners have upgraded home to a heat pump system and it has a new roof. Also nice sized utility room with side access door. The refrigerator and the stove will convey with this home. This is a great opportunity for a first time home buyer or an investor. Seller willing to pay closing costs for buyer.

Last Agent to Sell the Property

Tausha Carter-Jacobs

Dalton Realty License #0225205836 Listed on: 04/12/2016

Last Buyer's Agent

Shawn Shurm

Realty Richmond License #0225066878

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1942

Lot Details

  • Property is Fully Fenced

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Aluminum Siding

Interior Spaces

  • 927 Sq Ft Home
  • 1-Story Property
  • Linoleum Flooring
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Frances W. Mcclenney Elementary School
  • Henderson Middle School
  • John Marshall High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • North Highland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number N0001561012

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1942
  • Property Attached Yn: No
  • Ownership: Individuals
  • Subdivision Name: North Highland Park
  • Architectural Style: Cape Cod
  • 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: None
  • Stories: 1

Interior Features

  • Flooring: Linoleum
  • Appliances: Electric Water Heater, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Main Level Primary
  • Living Area: 927.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Full
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Drywall, Frame
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N0001561012
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 804.0

MLS Schools

  • Elementary School: Frances W. McClenney
  • High School: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2016
Sold by
Jones Michael T
Bought by
Balas Adam
Current Estimated Value
$226,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$148,668
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving
Estimated Equity
$78,147

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 10, 2016
Sold by
Clark Barbara
Bought by
Real Options Llc
Seller's Agent
Tausha Carter-Jacobs
Dalton Realty
Buyer's Agent
Shawn Shurm
Realty Richmond
List Price
$62,500
Sold Price
$40,000
Premium/Discount to List
-$22,500
-36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.66%
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
Balas Adam $21,000 Attorney
Real Options Llc $40,000 Lawyers Title/Mid Peninsula
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balas Adam $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2016 05/17/16 Sold $40,000 -36.0% $43 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $62,500 -- $67 / 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 $1,632 $141,000 $60,000 $81,000
2024 $1,632 $136,000 $58,000 $78,000
2023 $1,572 $131,000 $58,000 $73,000
2022 $1,272 $106,000 $42,000 $64,000
2020 $1,032 $86,000 $20,000 $66,000
2019 $948 $79,000 $15,000 $64,000
2018 $900 $75,000 $15,000 $60,000
2017 $900 $75,000 $15,000 $60,000
2016 $900 $75,000 $15,000 $60,000
2015 $804 $67,000 $16,000 $51,000
2014 $804 $67,000 $16,000 $51,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tausha Carter-Jacobs

    Dalton Realty

    Section Image
  • Shawn Shurm

    Buyer's Agent in 2016

    Shawn Shurm

    Realty Richmond

    (804) 339-1143

    2 in this area

    129 Total Sales

    Shawn Shurm
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1611891

Central Virginia Regional MLS

APN: N000-1561-012

Virginia Richmond City County Richmond 23222 Highland Park

3516 Patrick Ave, Richmond, VA

Not Listed for Sale

Detached

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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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