NOT LISTED FOR SALE

4018 Forest Hill Ave Unit 11 Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $165,000 - $179,000

2 Beds
1 Bath
752 Sq Ft
$390/mo HOA Fee

Last Sold July 27, 2022

Last sale price $157,000 $209 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,448/month

2 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Porch
  • Open High School Rated A+
  • Sport Court
  • 4-minute walk to Forest Hill Park

About This Home

As of July 2022

Welcome home to 4018 Forest Hill Avenue Unit 11, a low maintenance, private, affordable condo in the desirable Forest Oaks community! This light-filled 2 bedroom unit features a renovated kitchen with granite countertops, shaker cabinets, subway tile backsplash, new flooring & lighting. Hardwoods throughout the main living spaces. Own your own home for less than the cost of rent! With easy access to downtown/the Fan, and walking distance from Forest Hill Park, the James River, trails, restaurants and more, the best of Richmond is truly right outside your door!

Last Agent to Sell the Property

Jenny Maraghy

Compass License #0225161742 Listed on: 07/06/2022

Compass

Co-Listed By

Rachel Babb

Compass License #0225219438

Last Buyer's Agent

Candace Faircloth

Shaheen Ruth Martin & Fonville License #0225236895

Shaheen Ruth Martin & Fonville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $864

Year Built

  • Built in 1961

Lot Details

  • 749

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Slate Roof

Interior Spaces

  • 752 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Shared Basement

Kitchen

  • Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Porch
  • Stoop

Schools

  • Westover Hills Elementary School
  • Lucille Brown Middle School
  • Richmond High School For The Arts

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number S000-2923-040

Community Details

Overview

  • Forest Oaks Condominiums Subdivision

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Sport Court
  • Community Playground
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$864

Year Built

Built in 1961

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1961
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0172
  • Co List Office Mls Id: URBC03
  • Co List Office Phone: 804-567-9250
  • Ownership: Individuals
  • Subdivision Name: Forest Oaks Condominiums
  • Architectural Style: Low Rise
  • Entry Level: 2
  • 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, Vinyl, Wood
  • Basement: Common Basement, Unfinished
  • Appliances: Electric Cooking, Gas Water Heater, Microwave, Oven, Refrigerator, Stove
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Living Area: 752.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle, Slate
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Lighting, Porch, Storage
  • Patio And Porch Features: Stoop, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Heating: Electric, Other
  • Cooling: Electric, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Common Grounds/Area, Home Owners Association, Laundry Facilities, Playground, Storage Facilities, Sports Field, Park
  • Amenities: Management
  • Association Fee: 390.41
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Hot Water, Maintenance Grounds, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: Lucille Brown

Lot Info

  • Parcel Number: S000-2923-040
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 864.0

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
Jul 6, 2022
Closed on
Jul 21, 2022
Sold by
Loht Taylor F
Bought by
Ivey Robin F
Seller's Agent
Jenny Maraghy
Compass
Buyer's Agent
Candace Faircloth
Shaheen Ruth Martin & Fonville
List Price
$149,950
Sold Price
$157,000
Premium/Discount to List
$7,050
4.7%
Current Estimated Value
$171,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,145
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 21, 2019
Sold by
Arnold Amy Guiver
Bought by
Loht Taylor F
Seller's Agent
Justin Ellis
Real Broker LLC
Buyer's Agent
Raven Sickal
Open Gate Realty Group
List Price
$79,500
Sold Price
$78,000
Premium/Discount to List
-$1,500
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.87%
Original Mortgage
$70,200
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2016
Sold by
Merritt Mary Ann
Bought by
Arnold Amy Guiver

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 11, 2001
Bought by
Thomas C C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,480
Interest Rate
7.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Lankey Ellen N
Bought by
Hill Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,480
Interest Rate
7.2%
Mortgage Type
New Conventional
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
Ivey Robin F $157,000 Old Republic National Title
Loht Taylor F $78,000 None Available
Arnold Amy Guiver $60,000 Attorney
Thomas C C -- --
Hill Thomas C $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loht Taylor F $70,200
Previous Owner Arnold Amy Guiver $48,000
Previous Owner Thomas C C $6,480
Previous Owner Hill Thomas C $31,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2022 07/27/22 Sold $157,000 +4.7% $209 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $149,950 +92.2% $199 / Sq Ft
06/03/2019 06/03/19 Sold $78,000 -1.9% $104 / Sq Ft View Prior Sale
05/08/2019 05/08/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $79,500 0.0% $106 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $79,500 -- $106 / 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 $1,836 $153,000 $13,000 $140,000
2024 $1,752 $146,000 $13,000 $133,000
2023 $1,356 $113,000 $13,000 $100,000
2022 $1,128 $94,000 $13,000 $81,000
2021 $756 $72,000 $13,000 $59,000
2020 $756 $63,000 $13,000 $50,000
2019 $1,132 $60,000 $15,000 $45,000
2018 $648 $54,000 $15,000 $39,000
2017 $648 $54,000 $15,000 $39,000
2016 $648 $54,000 $15,000 $39,000
2015 $648 $54,000 $15,000 $39,000
2014 $648 $54,000 $15,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2218467

Central Virginia Regional MLS

APN: S000-2923-040