NOT LISTED FOR SALE

4030 Forest Hill Ave Unit 24 Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $139,000 - $181,000

2 Beds
1 Bath
815 Sq Ft
$352/mo HOA Fee

Last Sold September 19, 2018

Last sale price $69,000 $85 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,389/month

2 Days on Market

Highlights

  • 3.8 Acre Lot
  • Wood Flooring
  • Community Storage Space
  • Open High School Rated A+
  • Central Air
  • 4-minute walk to Forest Hill Park

About This Home

As of September 2018

2nd floor end unit lovingly maintained and updated. EXCELLENT location in growing area with several new local owned shops, restaurants etc! Fresh paint, upgraded kitchen and bath, tastefull custom window treatments (bedroom blackout shades can be lowered from the top for privacy AND light) Hardwood floors, pocket doors. All outlets and switches replaced with many having dimmers, Fine finishing touches throughout! Unit has its OWN HVAC (transferrable warranty) only a year old. Air handler in attic. Ample closet and storage space. Kitchen appliances replaced 6 yrs ago. Roof approximately 8yrs old. On bus line, close to Crossroads, Thirstys and more! Enjoy some down time in Forest Hill Park across the street. This home is sharp! Nothing to do but move and settle in!

Last Agent to Sell the Property

Richard Halenda

The Wilson Group License #0225069972 Listed on: 08/13/2018

Last Buyer's Agent

NON MLS USER MLS

NON MLS OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $696

Year Built

  • Built in 1961

Lot Details

  • 3.8

HOA Fees

  • $352 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 815 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Oven

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Exclusions: Light above stove
  • Assessor Parcel Number S000-2923-068

Community Details

Overview

  • Forest Oaks Condominiums Subdivision

Amenities

  • Common Area
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$696

Year Built

Built in 1961

Lot Details

0

HOA Fees

$352 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1961
  • Property Attached Yn: Yes
  • Lot Size Acres: 3.7963
  • Exclusions: Light above stove
  • Ownership: Individuals
  • Subdivision Name: Forest Oaks Condominiums
  • Architectural Style: Two Story
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached,Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Common Basement, Storage Space
  • Appliances: Exhaust Fan, Oven, Refrigerator, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 815.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Frame
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • 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, Storage Facilities, Street Lights
  • Association Fee: 352.23
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Parcel Number: S000-2923-068
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 696.0

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
Aug 13, 2018
Closed on
Sep 6, 2018
Sold by
Smith Michael
Bought by
Baxter James E
Seller's Agent
Richard Halenda
The Wilson Group
Buyer's Agent
NON MLS USER MLS
NON MLS OFFICE
List Price
$75,000
Sold Price
$69,000
Premium/Discount to List
-$6,000
-8%
Current Estimated Value
$164,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,450
Avg. Annual Appreciation
13.05%

Purchase Details

Closed on
Jul 31, 2001
Sold by
Greene Clinton
Bought by
Smith Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,150
Interest Rate
7.18%
Mortgage Type
New Conventional
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
Baxter James E $69,000 Attorney
Smith Michael $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael $35,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2018 09/19/18 Sold $69,000 -8.0% $85 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $75,000 -- $92 / 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 $1,980 $165,000 $13,000 $152,000
2024 $1,884 $157,000 $13,000 $144,000
2023 $1,356 $113,000 $13,000 $100,000
2022 $1,128 $94,000 $13,000 $81,000
2021 $828 $79,000 $13,000 $66,000
2020 $1,302 $69,000 $14,000 $55,000
2019 $1,246 $66,000 $15,000 $51,000
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: 1829128

Central Virginia Regional MLS

APN: S000-2923-068