NOT LISTED FOR SALE

4018 Forest Hill Ave Unit 1 Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $163,541 - $172,000

2 Beds
1 Bath
687 Sq Ft
$350/mo HOA Fee

Last Sold July 16, 2019

Last sale price $83,000 $121 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,371/month

5 Days on Market

Highlights

  • Modern Architecture
  • Tile Flooring
  • 4-minute walk to Forest Hill Park
  • Open High School Rated A+
  • Zoned Heating and Cooling System

About This Home

As of July 2019

This home is located at 4018 Forest Hill Ave Unit 1, Richmond, VA 23225 since 18 April 2019 and is currently estimated at $166,885, approximately $242 per square foot. This property was built in 1961. 4018 Forest Hill Ave Unit 1 is a home located in Richmond City with nearby schools including Westover Hills Elementary School, Richmond High School for the Arts, and Open High School.

Last Agent to Sell the Property

Deborah Peaks

Olympian Properties, LLC License #0225111959 Listed on: 04/18/2019

Last Buyer's Agent

Deborah Peaks

Olympian Properties, LLC License #0225111959 Listed on: 04/18/2019

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1961

Lot Details

  • 37.96

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 687 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Westover Hills Elementary School
  • Thompson Middle School
  • Richmond High School For The Arts

Utilities

  • Zoned Heating and Cooling System

Community Details

  • Forest Oaks Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number S000-2923-030

Property Details

Home Type

Condominium

Year Built

Built in 1961

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1961
  • Property Attached Yn: Yes
  • Ownership: Individuals
  • Subdivision Name: Forest Oaks Condominiums
  • Architectural Style: Modern
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 687.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Brick
  • Property Condition: Resale

Utilities

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

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Hot Water, Maintenance Structure, Trash

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Parcel Number: S000-2923-030
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 57000.0

MLS Schools

  • Elementary School: Westover Hills
  • High School: Richmond High School for the Arts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 15, 2019
Sold by
Taylor Mary A
Bought by
Rose Lindsey Brooke
Seller's Agent
Deborah Peaks
Olympian Properties, LLC
Buyer's Agent
Deborah Peaks
Olympian Properties, LLC
List Price
$89,500
Sold Price
$83,000
Premium/Discount to List
-$6,500
-7.26%
Current Estimated Value
$166,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,885
Avg. Annual Appreciation
11.78%
Original Mortgage
$76,450
Outstanding Balance
$66,977
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$99,908
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rose Lindsey Brooke $83,000 Title Resource Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Lindsey Brooke $76,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2019 07/16/19 Sold $83,000 -7.3% $121 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $89,500 -- $130 / 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 $1,668 $139,000 $13,000 $126,000
2024 $1,596 $133,000 $13,000 $120,000
2023 $1,236 $103,000 $13,000 $90,000
2022 $1,032 $86,000 $13,000 $73,000
2021 $720 $82,000 $13,000 $69,000
2020 $720 $60,000 $13,000 $47,000
2019 $684 $57,000 $15,000 $42,000
2018 $624 $52,000 $15,000 $37,000
2017 $624 $52,000 $15,000 $37,000
2016 $624 $52,000 $15,000 $37,000
2015 $624 $52,000 $15,000 $37,000
2014 $624 $52,000 $15,000 $37,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1912636

Central Virginia Regional MLS

APN: S000-2923-030