NOT LISTED FOR SALE

3812 Martin Ave Richmond, VA 23222

Estimated Value: $162,000 - $218,000

2 Beds
1 Bath
888 Sq Ft
$220/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $92,550 $104 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,158/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Baseboard Heating
  • Corner Lot
  • Front Porch
  • 1-Story Property

About This Home

As of August 2018

This is such a cute home, perfect for the first-time buyer someone looking to downsize, would also make a great investment property. The owner cared for home but there are a few updates needed that would make this home just perfect. Beautiful wood flooring throughout the home. Home is on a large corner lot. Home is very quiet inside.

Last Agent to Sell the Property

Melkiah Taylor

United Real Estate Richmond License #0225092589 Listed on: 07/10/2018

United Real Estate Richmond

Last Buyer's Agent

Leroy Chiles

United Real Estate Richmond License #0225210010

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 1954

Lot Details

  • 7,653 Sq Ft Lot
  • Corner Lot

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch
  • Stoop

Schools

  • Harvie Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Heater

Community Details

  • Timberlake Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 800-736-6047

Home Details

Home Type

Single Family

Est. Annual Taxes

$653

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1954
  • Property Attached Yn: No
  • Lot Size Acres: 0.1757
  • Ownership: Individuals
  • Subdivision Name: Timberlake Property
  • Architectural Style: Bungalow, Cottage
  • 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, Tile, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 888.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Vinyl Siding
  • Patio And Porch Features: Rear Porch, Front Porch, Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street, On Street

Utilities

  • Heating: Baseboard, Electric
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 800-736-6047
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 653.0

MLS Schools

  • Elementary School: Harvie
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 23, 2018
Sold by
The Estate Of Eleanora Spencer
Bought by
Tucker Carol
Seller's Agent
Melkiah Taylor
United Real Estate Richmond
Buyer's Agent
Leroy Chiles
United Real Estate Richmond
List Price
$85,000
Sold Price
$92,550
Premium/Discount to List
$7,550
8.88%
Current Estimated Value
$195,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,078
Avg. Annual Appreciation
11.04%
Original Mortgage
$3,239
Outstanding Balance
$2,831
Interest Rate
4.6%
Mortgage Type
Stand Alone Second
Estimated Equity
$190,361

Purchase Details

Closed on
Jun 4, 1998
Sold by
Preston Anthony M and Preston S
Bought by
Spencer Eleanora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1996
Sold by
Preston Anthony M
Bought by
Preston Anthony M and Preston Janice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.02%
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
Tucker Carol $92,550 Chicago Title
Spencer Eleanora $55,000 --
Preston Anthony M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Carol $3,239
Open Tucker Carol $90,872
Previous Owner Spencer Eleanora $38,157
Previous Owner Preston Anthony M $55,000
Previous Owner Preston Anthony M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $92,550 +8.9% $104 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $85,000 -- $96 / 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 $1,213 $140,200 $34,200 $106,000
2024 $1,213 $135,300 $30,400 $104,900
2023 $1,150 $135,300 $30,400 $104,900
2022 $897 $110,700 $28,500 $82,200
2021 $752 $82,900 $20,900 $62,000
2020 $721 $82,900 $20,900 $62,000
2019 $708 $81,400 $20,900 $60,500
2018 $653 $75,000 $20,900 $54,100
2017 $621 $71,400 $20,900 $50,500
2016 $614 $70,600 $20,900 $49,700
2015 -- $70,600 $20,900 $49,700
2014 -- $70,600 $20,900 $49,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1824957

Central Virginia Regional MLS

APN: 800-736-6047