NOT LISTED FOR SALE

4050 Forest Hill Ave Unit 18 Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $162,130 - $176,000

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

Last Sold May 27, 2021

Last sale price $97,000 $128 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,448/month

5 Days on Market

Highlights

  • Above Ground Pool
  • Wood Flooring
  • 3-minute walk to Forest Hill Park
  • Open High School Rated A+
  • Forced Air Zoned Heating and Cooling System

About This Home

As of May 2021

GREAT LOCATION! Two bedroom condo across the street from Forest Hill Park. Hardwood floors in living room and both bedrooms. Newer HVAC, thermal windows and assigned parking space right by the back door. Vacant and easy to show.

Last Agent to Sell the Property

Todd Boyd

Boyd Realty Group License #0225076270 Listed on: 05/08/2021

Last Buyer's Agent

Lisa Beverly

Samson Properties License #0225204424

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $756

Year Built

  • Built in 1961

Lot Details

  • 754

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 755 Sq Ft Home
  • 1-Story Property
  • Partial Basement
  • Electric Cooktop

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Above Ground Pool

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Heater

Community Details

  • Forest Oaks Condominiums Subdivision

Listing and Financial Details

  • Assessor Parcel Number S000-2923-096

Property Details

Home Type

Condominium

Est. Annual Taxes

$756

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: 0.0173
  • Ownership: Individuals
  • Subdivision Name: Forest Oaks Condominiums
  • Architectural Style: Low Rise
  • Entry Level: 1
  • 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: Ceramic Tile, Wood
  • Basement: Partial
  • Appliances: Electric Cooking, Refrigerator, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bedroom on Main Level
  • Living Area: 755.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Pool Features: Above Ground, None
  • Waterfront: No
  • Construction Type: Brick, Block, Drywall
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned

Utilities

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

Condo/Co-op/Association

  • Association Fee: 390.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: River City

Lot Info

  • Parcel Number: S000-2923-096
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 756.0

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
May 8, 2021
Closed on
May 25, 2021
Sold by
Steele William T
Bought by
Baxter James E
Seller's Agent
Todd Boyd
Boyd Realty Group
Buyer's Agent
Lisa Beverly
Samson Properties
List Price
$90,000
Sold Price
$97,000
Premium/Discount to List
$7,000
7.78%
Current Estimated Value
$166,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,033
Avg. Annual Appreciation
13.11%

Purchase Details

Listed on
Oct 31, 2013
Closed on
May 13, 2014
Sold by
Ricks Nancy M and Padgett Wanda B
Bought by
Steele William T
Seller's Agent
Kevin Dowell
Long & Foster REALTORS
Buyer's Agent
Todd Boyd
Boyd Realty Group
List Price
$57,950
Sold Price
$51,000
Premium/Discount to List
-$6,950
-11.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
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 $97,000 Attorney
Steele William T $51,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $97,000 +7.8% $128 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $90,000 +76.5% $119 / Sq Ft
06/09/2014 06/09/14 Sold $51,000 -12.0% $68 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $57,950 -- $77 / 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 $720 $60,000 $15,000 $45,000
2018 $612 $51,000 $15,000 $36,000
2017 $612 $51,000 $15,000 $36,000
2016 $612 $51,000 $15,000 $36,000
2015 $696 $58,000 $15,000 $43,000
2014 $696 $58,000 $15,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • Todd Boyd

    Seller's Agent in 2021

    Todd Boyd

    Boyd Realty Group

    (804) 310-6558

    1 in this area

    80 Total Sales

    Todd Boyd
    Section Image
  • Lisa Beverly

    Buyer's Agent in 2021

    Lisa Beverly

    Samson Properties

    (703) 470-2620

    1 in this area

    21 Total Sales

    Lisa Beverly
    Section Image

  • K

    Seller's Agent in 2014

    Kevin Dowell

    Long & Foster

    (804) 366-2437

    45 Total Sales

    Kevin Dowell
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2113437

Central Virginia Regional MLS

APN: S000-2923-096

Virginia Richmond City County Richmond 23225 Forest Hill

4050 Forest Hill Ave Unit 18, Richmond, VA

This home is located at 4050 Forest Hill Ave Unit 18, Richmond, VA 23225 since 08 May 2021 and is currently estimated at $166,033, approximately $219 per square foot. This property was built in 1961. 4050 Forest Hill Ave Unit 18 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.

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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