NOT LISTED FOR SALE

3705 Patrick Ave Richmond, VA 23222

Estimated Value: $197,000 - $279,000

2 Beds
1 Bath
1,269 Sq Ft
$186/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $70,000 $55 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $1,300/month

102 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Forced Air Heating System

About This Home

As of November 2016

You're going to love the NEW price of 75,000 which is below the tax assessment! North Side!!!Step into this charming 2 level house and you will feel right at home. There is an updated kitchen, formal dining room and a very spacious family room complete with a brick fireplace. There is also an additional room on the side of the home with access from the family room which makes a great florida room or den. Head upstairs and you will find 2 spacious bedrooms and a full bathroom. Out back there is a large fenced yard which is perfect for entertaining friends and family. You will never run out of space for those big summer cookouts and gatherings.

Last Agent to Sell the Property

Steven Weber

Virginia Capital Realty License #0225211827 Listed on: 07/12/2016

Last Buyer's Agent

Jenny Maraghy

Compass License #0225161742

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1941

Lot Details

  • 5,663

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1.75 Levels
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number N000-1373-003

Home Details

Home Type

Single Family

Year Built

1941

Lot Details

0

Listing Details

  • Structure: Block, Brick
  • Price Per Finished Sq Ft: 55.16
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1941

Interior Features

  • Appliances Equipment: Refrigerator, Stove
  • Flooring: Wood
  • Number of Rooms: 6
  • Fireplace: Brick
  • Total Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Tub & Shower
  • Level 1 Half Bathroom: 1
  • Basement Type: Unfinished
  • Unfinished Basement Sq Ft: 725
  • Attic: Walk-In
  • Number Of Levels: 1.75

Exterior Features

  • Fence: Rear Only
  • Porch: Side
  • Roof: Composition
  • Siding: Aluminum

Garage/Parking

  • Parking: Off Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Lot Info

  • Zoning: R-5
  • Lot: 3
  • Parcel Number: N000-1373-003

Rental Info

  • Minimum Deposit: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Nov 8, 2016
Sold by
Owolabi Stephonia K
Bought by
Allred Joseph B
Seller's Agent
Steven Weber
Virginia Capital Realty
Buyer's Agent
Jenny Maraghy
Compass
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Current Estimated Value
$227,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,402
Avg. Annual Appreciation
14.15%
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
Allred Joseph B $42,000 Dominion Capital Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2016 11/08/16 Sold $70,000 -6.7% $55 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $75,000 0.0% $59 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
09/22/2016 09/22/16 Price Changed $75,000 -11.8% $59 / Sq Ft
09/02/2016 09/02/16 Price Changed $85,000 -5.6% $67 / Sq Ft
08/18/2016 08/18/16 For Sale $90,000 0.0% $71 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $90,000 -- $71 / 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 $1,332 $117,000 $65,000 $52,000
2024 $1,332 $111,000 $61,000 $50,000
2023 $1,296 $108,000 $61,000 $47,000
2022 $1,020 $85,000 $42,000 $43,000
2020 $744 $62,000 $20,000 $42,000
2019 $612 $51,000 $15,000 $36,000
2018 $552 $46,000 $15,000 $31,000
2017 $924 $77,000 $15,000 $62,000
2016 $924 $77,000 $15,000 $62,000
2015 $840 $70,000 $16,000 $54,000
2014 $840 $70,000 $16,000 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1623954

Central Virginia Regional MLS

APN: N000-1373-003