NOT LISTED FOR SALE

3706 Patrick Ave Richmond, VA 23222

Estimated Value: $272,000 - $418,000

3 Beds
2 Baths
1,568 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $41,500 $26 Per Sq Ft

Est. 698% increase in value since last sale

Current estimated payment $1,861/month

40 Days on Market

Highlights

  • Cape Cod Architecture
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2013

**SHORT SALE**Perfect Investor Rehab** Back on Market, No Fault of Seller - New List price per Short Sale Lender**3 bedrooms, 2 full baths, hardwood floors. FP most likely needs stabilizing; newer windows installed 2007 but wood framing needs work, flooring in kitchen needs shoring up from beneath house; HVAC unit was new in 2007. Sold AS IS, No Repairs or credits, inspections for information only.

Last Agent to Sell the Property

Deb Orth

Real Broker LLC License #0225068313 Listed on: 12/14/2012

Co-Listed By

Cyndi Merritt

EXP Realty LLC License #0225085400

Last Buyer's Agent

Ray Ahmed

United Real Estate Richmond License #0225263826

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 7,471 Sq Ft Lot
  • Zoning described as R-4

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Glen Lea Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Community Details

  • Highland Gardens Subdivision

Listing and Financial Details

  • Tax Lot PT
  • Assessor Parcel Number 795-737-6640

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Property Attached Yn: No
  • Lot Size Acres: 0.1715
  • Co List Office Mls Id: KWMS02
  • Co List Office Phone: (804) 282-5901
  • Ownership: Individuals
  • Subdivision Name: Highland Gardens
  • Architectural Style: Cape Cod, Two Story
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1568.0
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Aluminum Siding, Frame
  • Property Condition: Resale

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 795-737-6640
  • Zoning Description: R-4

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1194.51
  • Tax Block: A
  • Tax Lot: PT

MLS Schools

  • Elementary School: Glen Lea
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2013
Sold by
Bos Property Mgmt Llc
Bought by
Brown Justin K
Current Estimated Value
$331,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,699
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 14, 2012
Closed on
May 2, 2013
Sold by
Johnson Raman A
Bought by
Bos Property Management Llc
Seller's Agent
Deb Orth
Real Broker LLC
Buyer's Agent
Ray Ahmed
United Real Estate Richmond
List Price
$54,200
Sold Price
$41,500
Premium/Discount to List
-$12,700
-23.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.81%
Original Mortgage
$75,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2007
Sold by
Netson Jason
Bought by
Johnson Raman A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2006
Sold by
The Bank Of New York
Bought by
Nelson Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1999
Bought by
Campbell Racilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1999
Sold by
Nyarku Cynthia J
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
Brown Justin K $110,400 --
Bos Property Management Llc $41,500 --
Johnson Raman A $155,000 --
Nelson Jason $80,000 --
Campbell Racilia $83,000 --
-- $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Justin K $104,699
Previous Owner Bos Property Management Llc $75,000
Previous Owner Johnson Raman A $155,000
Previous Owner Nelson Jason $64,000
Previous Owner -- $62,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $41,500 -23.4% $26 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $54,200 -- $35 / 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 $1,552 $170,100 $23,800 $146,300
2024 $1,552 $162,700 $23,800 $138,900
2023 $1,399 $162,700 $23,800 $138,900
2022 $1,065 $129,900 $21,800 $108,100
2021 $1,073 $119,300 $17,800 $101,500
2020 $1,050 $119,300 $17,800 $101,500
2019 $1,027 $116,700 $17,800 $98,900
2018 $997 $113,300 $15,800 $97,500
2017 $997 $113,300 $15,800 $97,500
2016 $997 $113,300 $15,800 $97,500
2015 $942 $113,300 $15,800 $97,500
2014 $942 $107,000 $15,800 $91,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1229464

Central Virginia Regional MLS

APN: 795-737-6640