NOT LISTED FOR SALE

4050 Forest Hill Ave Unit 23 Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $163,000 - $176,000

2 Beds
1 Bath
773 Sq Ft
$400/mo HOA Fee

Last Sold July 31, 2023

Last sale price $157,500 $204 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,485/month

4 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Controlled Access
  • Open High School Rated A+
  • Cooling Available
  • 3-minute walk to Forest Hill Park

About This Home

As of July 2023

Perfect Southside location directly across from Forest Hill Park. Sunny & spaciously designed with flex spaces in both the kitchen and living room. All new appliances, energy efficient dual side refrig, smooth top electric range, reconfigured kitchen cabinetry with fresh paint and hardware, new commode and annually serviced HVAC. 2 entrance/exit options- 1 from communal entrance/hall and private 2nd option from parking, directly into kitchen. Spacious and sunny living with updates throughout. Convenient to downtown, VCU, & all of the Southside's beautiful outdoor spaces- the river and trails are only a short walk or bike ride away. Wonderful restaurants, Crossroads, Laura Lees & WPA Bakery only a few blocks east with Little Nickle, Outpost, Stella's Market, The Veil & Blanchards only a few additional blocks West. Come enjoy all that this perfect Southside location has to offer!

Last Agent to Sell the Property

Amanda James

Joyner Fine Properties License #0225239018 Listed on: 06/15/2023

Joyner Fine Properties

Last Buyer's Agent

Cory Stoner

Long & Foster REALTORS License #0225210851

Long & Foster REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1961

Lot Details

  • 771

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 773 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Granite Countertops

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Shared Basement
  • Basement Storage

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number S000-2923-101

Community Details

Overview

  • Forest Oaks Condominiums Subdivision

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,164

Year Built

Built in 1961

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1961
  • Property Attached Yn: No
  • Lot Size Acres: 0.0177
  • 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: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Linoleum, Tile, Wood
  • Basement: Common Basement, Storage Space, Walk-Out Access
  • Appliances: Exhaust Fan, Electric Cooking, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Living Area: 773.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Common Area
  • Security: Controlled Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Laundry Facilities
  • Association Fee: 400.09
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Schools

  • Middle Or Junior School: River City

Lot Info

  • Parcel Number: S000-2923-101
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1164.0

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 15, 2023
Closed on
Jul 19, 2023
Sold by
Crawford Patricia
Bought by
Froede Barbara Roche and Stoner Cory Lynn
Seller's Agent
Amanda James
Joyner Fine Properties
Buyer's Agent
Cory Stoner
Long & Foster REALTORS
List Price
$168,000
Sold Price
$157,500
Premium/Discount to List
-$10,500
-6.25%
Views
77
Current Estimated Value
$170,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,819
Avg. Annual Appreciation
4.00%

Purchase Details

Listed on
May 5, 2022
Closed on
May 27, 2022
Sold by
David Ott Da0 Investments Llc
Bought by
Crawford Patricia and Fox & Hound Llc
Seller's Agent
David Ott
Samson Properties
Buyer's Agent
Amanda James
Joyner Fine Properties
List Price
$129,500
Sold Price
$147,500
Premium/Discount to List
$18,000
13.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%

Purchase Details

Closed on
Jan 13, 2019
Sold by
Foster Road Llc
Bought by
Dao Investments Llc

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 30, 2017
Sold by
Mcauliffe Michael O and Ginn Lisa L
Bought by
Foster Road Llc A Virginia Limited Liabi
Seller's Agent
Dennis Norwood
Samson Properties
Buyer's Agent
Sally Syrquin
Shaheen Ruth Martin & Fonville
List Price
$65,900
Sold Price
$60,000
Premium/Discount to List
-$5,900
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%

Purchase Details

Listed on
Apr 13, 2014
Closed on
Jun 17, 2015
Sold by
Hubbard Patsy C
Bought by
Mcauliffe Michael O and Ginn Lisa L
Seller's Agent
Ronda Gallagher
Bradley Real Estate, LLC
Buyer's Agent
Dennis Norwood
Samson Properties
List Price
$59,950
Sold Price
$48,000
Premium/Discount to List
-$11,950
-19.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
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
Froede Barbara Roche $157,500 Wfg National Title
Crawford Patricia $147,500 Old Republic National Title
Dao Investments Llc $65,000 Attorney
Foster Road Llc A Virginia Limited Liabi $60,000 Attorney
Mcauliffe Michael O $48,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $157,500 -6.3% $204 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $168,000 +13.9% $217 / Sq Ft
05/31/2022 05/31/22 Sold $147,500 +13.9% $191 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $129,500 +115.8% $168 / Sq Ft
06/02/2017 06/02/17 Sold $60,000 -9.0% $78 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $65,900 +37.3% $85 / Sq Ft
06/22/2015 06/22/15 Sold $48,000 -19.9% $62 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
04/13/2014 04/13/14 For Sale $59,950 -- $78 / 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 $1,884 $157,000 $13,000 $144,000
2024 $1,800 $150,000 $13,000 $137,000
2023 $1,392 $116,000 $13,000 $103,000
2022 $1,164 $97,000 $13,000 $84,000
2021 $768 $74,000 $13,000 $61,000
2020 $767 $64,000 $13,000 $51,000
2019 $732 $61,000 $15,000 $46,000
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 -- $58,000 $15,000 $43,000
2014 -- $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: 2314266

Central Virginia Regional MLS

APN: S000-2923-101