NOT LISTED FOR SALE

Estimated Value: $242,000 - $262,414

2 Beds
2 Baths
992 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 11, 2016

Last sale price $115,000 $116 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,541/month

75 Days on Market

Highlights

  • Deck
  • Screened Porch
  • Cooling Available
  • Cathedral Ceiling
  • Eat-In Kitchen
  • Shed

About This Home

As of May 2016

PRICE ADJUSTMENT ! MOTIVATED SELLERS ! ~ EXTREMELY WELL MAINTAINED LOW MAINTENANCE HOME LOADED WITH UPGRADES AND EXTRAS. 12 X 20 GREAT-ROOM WITH VAULTED CEILINGS,SKY LIGHTS AND GAS FIREPLACE OPENS TO THE 12 X 30 TIERED REAR DECK. ~ LARGE (12 X 14 ) EAT IN KITCHEN ACCESSES THE 12 X 20 SCREENED SIDE PORCH ~ TWO FULL BATHS ~ 12 X 15 MASTER SUITE WITH PRIVATE ACCESS TO THE REAR DECK ~ PRIVATE FENCED REAR YARD ~ DOUBLE DRIVE ~ 10 X 14 PLUS 8 X 12 DETACHED STORAGE/WORKSHOPS ~GUTTER GUARDS ~ 10 X 18 FRONT PORCH ` CONVENIENTLY LOCATED TO GREAT LOCAL SCHOOLS,SHOPPING DOWNTOWN,THE TRI-CITIES AND FT LEE ~~ A MUST SEE !

Last Agent to Sell the Property

Warren Jessup

RE/MAX Commonwealth License #0225119200 Listed on: 01/19/2016

RE/MAX Commonwealth

Last Buyer's Agent

Charles Jones

United Real Estate Richmond License #0225258490

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,207

Year Built

  • Built in 1985

Lot Details

  • 8,751 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R7 - ONE FAMILY RES

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 992 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Insulated Doors
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Harrowgate Elementary School
  • Carver Middle School
  • Matoaca High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Somerset Subdivision

Listing and Financial Details

  • Tax Lot 043
  • Assessor Parcel Number 794-634-79-47-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,207

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Property Attached Yn: No
  • Lot Size Acres: 0.2009
  • Ownership: Estate
  • Subdivision Name: Somerset
  • Architectural Style: Ranch
  • 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: Partially Carpeted, Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Cooking, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Cathedral Ceiling(s), Eat-in Kitchen, Main Level Primary
  • Living Area: 992.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Cedar, Drywall, Frame
  • Exterior Features: Storage, Shed
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off 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: Carver

Lot Info

  • Parcel Number: 794-634-79-47-00000
  • Zoning Description: R7 - ONE FAMILY RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1206.72
  • Tax Lot: 043

MLS Schools

  • Elementary School: Harrowgate
  • High School: Matoaca

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
May 2, 2016
Sold by
Nelms Thomas L and Nelms Donald Duane
Bought by
Woods Timothy P and Woods Pamela F
Seller's Agent
Warren Jessup
RE/MAX Commonwealth
Buyer's Agent
Charles Jones
United Real Estate Richmond
List Price
$129,500
Sold Price
$115,000
Premium/Discount to List
-$14,500
-11.2%
Current Estimated Value
$251,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,854
Avg. Annual Appreciation
8.42%
Original Mortgage
$118,750
Outstanding Balance
$95,446
Interest Rate
3.71%
Mortgage Type
VA
Estimated Equity
$149,334

Purchase Details

Closed on
Apr 28, 2010
Sold by
Sec Of Housing And Urban Dev
Bought by
Nelms Thomas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,937
Interest Rate
5.23%
Mortgage Type
VA

Purchase Details

Closed on
Feb 2, 2010
Sold by
Evans And Bryant Plc
Bought by
Virginia Housing Development

Purchase Details

Closed on
Apr 5, 2007
Sold by
Pulm Audrey
Bought by
Gregory John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,800
Interest Rate
6.18%
Mortgage Type
FHA
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
Woods Timothy P $125,700 Attorney
Nelms Thomas L $89,000 --
Virginia Housing Development $149,252 --
Gregory John $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woods Timothy P $118,750
Previous Owner Nelms Thomas L $98,195
Previous Owner Nelms Thomas L $91,937
Previous Owner Gregory John $141,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2016 05/11/16 Sold $115,000 -11.2% $116 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $129,500 -- $131 / 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 $2,148 $238,500 $50,000 $188,500
2024 $2,148 $232,300 $45,000 $187,300
2023 $1,953 $214,600 $41,000 $173,600
2022 $1,832 $199,100 $39,000 $160,100
2021 $1,695 $171,500 $37,000 $134,500
2020 $1,507 $158,600 $37,000 $121,600
2019 $1,347 $141,800 $35,000 $106,800
2018 $1,322 $139,200 $34,500 $104,700
2017 $1,235 $128,600 $34,500 $94,100
2016 $1,214 $126,500 $34,000 $92,500
2015 -- $125,700 $33,000 $92,700
2014 $473 $123,200 $33,000 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1601866

Central Virginia Regional MLS

APN: 794-63-47-94-700-000