NOT LISTED FOR SALE

4030 Forest Hill Ave Unit 16 Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $158,000 - $176,000

2 Beds
1 Bath
753 Sq Ft
$392/mo HOA Fee

Last Sold August 02, 2021

Last sale price $110,000 $146 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,444/month

15 Days on Market

Highlights

  • Colonial Architecture
  • Granite Countertops
  • Cooling Available
  • Open High School Rated A+
  • Thermal Windows
  • 4-minute walk to Forest Hill Park

About This Home

As of August 2021

Wonderful convenience and affordability in this recently updated "turn-key" condo right across the street from Forest Hill Park. Recent upgrades include: Brand New Carpet (HW under carpet); Brand New kitchen floor, Granite counter, sink, faucet and Refrigerator; Brand New vanity and fixtures in the updated bathroom. Plus, the entire interior has been freshly painted! Walk across the street to the park and enjoy the lake, tennis courts, children's playground, several picnic pavilions, and the new Farmer's Market on Thursday evenings. Walk just a few blocks to the river and the Reedy Creek Canoe access. Walk to numerous neighborhood restaurants and coffee shops, including the new Veil Brewery and Blanchard's Coffee Shop. Also within a few blocks are: The Little Nickel, Crossroads Coffee & Ice Cream, Laura Lee's, Thirsty's, RVA Bakery, O'Toole's, Maldini's and more! Minutes to Downtown, MCV, VCU, Carytown, The Fan and most major highways. Don't want to drive, the bus-line is out front on Forest Hill Ave! Also, the assigned parking spot is just out the back door off the kitchen! Don't wait!

Last Agent to Sell the Property

Gary Duke

BHHS PenFed Realty License #0225058317 Listed on: 06/13/2021

BHHS PenFed Realty

Last Buyer's Agent

Sean Diaz

Hometown Realty License #0225250229

Hometown Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $780

Year Built

  • Built in 1961

Lot Details

  • 749

HOA Fees

  • $392 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 753 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Kitchen

  • Electric Cooktop
  • Stove
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Schools

  • Westover Hills Elementary School
  • River City Middle School
  • Richmond High School For The Arts

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Community Details

  • Forest Oaks Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number S000-2923-060

Property Details

Home Type

Condominium

Est. Annual Taxes

$780

Year Built

Built in 1961

Lot Details

0

HOA Fees

$392 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1961
  • Property Attached Yn: Yes
  • Lot Size Acres: 0.0172
  • Ownership: Other
  • Subdivision Name: Forest Oaks Condominiums
  • Architectural Style: Colonial
  • 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: Carpet, Ceramic Tile, Vinyl
  • Appliances: Electric Cooking, Refrigerator, Stove, Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level, Granite Counters, Main Level Primary, Cable TV
  • Living Area: 753.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame, Mixed
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned, Guest

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Amenities: Landscaping
  • Association Fee: 392.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water

Schools

  • Middle Or Junior School: River City

Lot Info

  • Parcel Number: S000-2923-060
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 780.0

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
Jun 13, 2021
Closed on
Jul 30, 2021
Sold by
Kb Coppola Llc
Bought by
Kraft Julie
Seller's Agent
Gary Duke
BHHS PenFed Realty
Buyer's Agent
Sean Diaz
Hometown Realty
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$164,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,193
Avg. Annual Appreciation
10.34%
Original Mortgage
$104,500
Outstanding Balance
$96,244
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$67,460

Purchase Details

Listed on
Sep 23, 2015
Closed on
Dec 7, 2015
Sold by
Williams Jason Lloyd
Bought by
Kb Coppola Llc A Virginia Limited Liabil
Seller's Agent
Gary Duke
BHHS PenFed Realty
Buyer's Agent
Gary Duke
BHHS PenFed Realty
List Price
$64,000
Sold Price
$59,500
Premium/Discount to List
-$4,500
-7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Jun 2, 2009
Sold by
Weaks Alisha
Bought by
Williams Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,313
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2005
Sold by
Ssr Reginald C Johnson
Bought by
Weaks Rosa and Weaks Alisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,341
Interest Rate
5.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Kraft Julie $110,000 Homeland Title Stlmnt Agency
Kb Coppola Llc A Virginia Limited Liabil $59,500 Attorney
Williams Jason $58,500 --
Weaks Rosa $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraft Julie $104,500
Previous Owner Ks Coppola Llc $35,000
Previous Owner Williams Jason $47,313
Previous Owner Weaks Rosa $50,341
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $110,000 0.0% $146 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $110,000 0.0% $146 / Sq Ft
06/25/2021 06/25/21 Price Changed $110,000 +4.8% $146 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
06/13/2021 06/13/21 For Sale $105,000 +76.5% $139 / Sq Ft
12/10/2015 12/10/15 Sold $59,500 -7.0% $79 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $64,000 -- $85 / 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 $780 $75,000 $13,000 $62,000
2020 $780 $65,000 $14,000 $51,000
2019 $744 $62,000 $15,000 $47,000
2018 $696 $58,000 $15,000 $43,000
2017 $696 $58,000 $15,000 $43,000
2016 $696 $58,000 $15,000 $43,000
2015 $696 $58,000 $15,000 $43,000
2014 $696 $58,000 $15,000 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2117819

Central Virginia Regional MLS

APN: S000-2923-060