NOT LISTED FOR SALE

405 Smithfield Ave Hopewell, VA 23860

Estimated Value: $335,232 - $383,000

4 Beds
3 Baths
3,855 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $155,000 $40 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,187/month

108 Days on Market

Highlights

  • Spa
  • Wood Flooring
  • 3 Car Attached Garage
  • Deck
  • Balcony
  • Shed

About This Home

As of March 2016

Huge and amazing opportunity to buy a renovated home. Featuring 38552 sq ft, originally built in 1949, 4 bedrooms, 2.5 baths, 2 Kitchens with one on each level, huge deck, 2 car attached garage, dual zone hvac, 3 detached sheds, screened porch, vinyl windows, vinyl siding with cinderblock front, Assessment is $197,400. Great Opportunity to get a lot of bang for the buck!

Last Agent to Sell the Property

David Riley

RE/MAX Commonwealth License #0225069046 Listed on: 10/16/2015

RE/MAX Commonwealth

Last Buyer's Agent

Ashley Magg

Real Broker LLC License #0225219626

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1949

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 3 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,855 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Shed

Schools

  • Harry James Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Heater

Community Details

  • Forest Lawn Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 041-0095

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,231

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Property Attached Yn: No
  • Ownership: REO
  • Subdivision Name: Forest Lawn
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Basement: Crawl Space
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 3855.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Back Yard, Privacy
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Drywall, Vinyl Siding
  • Exterior Features: Hot Tub/Spa, Storage, Shed, Paved Driveway
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Paved, On Street

Utilities

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

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 041-0095
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2230.62

MLS Schools

  • Elementary School: Harry James
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2015
Closed on
Feb 23, 2016
Sold by
Branch Banking And Trust Company
Bought by
Merchant Thomas A
Seller's Agent
David Riley
RE/MAX Commonwealth
Buyer's Agent
Ashley Magg
Real Broker LLC
List Price
$179,000
Sold Price
$155,000
Premium/Discount to List
-$24,000
-13.41%
Current Estimated Value
$361,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,808
Avg. Annual Appreciation
9.22%
Original Mortgage
$158,332
Outstanding Balance
$125,269
Interest Rate
3.72%
Mortgage Type
VA
Estimated Equity
$236,539
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
Merchant Thomas A $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merchant Thomas A $158,332
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $155,000 -13.4% $40 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
10/16/2015 10/16/15 For Sale $179,000 -- $46 / 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 $3,289 $281,100 $30,400 $250,700
2024 $2,890 $247,000 $27,600 $219,400
2023 $2,791 $247,000 $27,600 $219,400
2022 $2,310 $204,400 $26,500 $177,900
2021 $2,310 $204,400 $26,500 $177,900
2020 $2,050 $181,400 $27,600 $153,800
2019 $2,050 $181,400 $27,600 $153,800
2018 $1,928 $170,600 $33,100 $137,500
2017 $2,158 $191,000 $33,100 $157,900
2016 $2,231 $197,400 $33,100 $164,300
2015 $1,115 $197,400 $33,100 $164,300
2014 $3,315 $199,100 $33,100 $166,000
Source: Public Records

Agents Affiliated with this Home

  • David Riley

    Seller's Agent in 2016

    David Riley

    RE/MAX

    (804) 612-4756

    1 in this area

    176 Total Sales

    David Riley
    Section Image

  • A

    Buyer's Agent in 2016

    Ashley Magg

    Real Broker LLC

    (804) 943-7793

    1 in this area

    15 Total Sales

    Ashley Magg
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1528517

Central Virginia Regional MLS

APN: 041-0095

Virginia Hopewell City County Hopewell 23860

405 Smithfield Ave, Hopewell, VA

This home is located at 405 Smithfield Ave, Hopewell, VA 23860 since 16 October 2015 and is currently estimated at $361,808, approximately $93 per square foot. This property was built in 1949. 405 Smithfield Ave is a home located in Hopewell City with nearby schools including Carter G. Woodson Middle School, Hopewell High School, and West End Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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