NOT LISTED FOR SALE

4050 Forest Hill Ave Unit 26 Richmond, VA 23225

Forest Hill Neighborhood

Estimated Value: $168,000 - $189,000

2 Beds
1 Bath
845 Sq Ft
$366/mo HOA Fee

Last Sold March 19, 2019

Last sale price $75,000 $89 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,494/month

20 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Heat Pump System
  • Open High School Rated A+
  • Central Air
  • 3-minute walk to Forest Hill Park

About This Home

As of March 2019

Location, location, location. This beautiful move in Condo is located directly across from Forest Hill Park. The home features a recently remodeled kitchen and bathroom, 2 bedrooms, 1 bath and a porch that overlooks the park. All appliances convey, just move in and start living. The association pays the water bill so you only have a electricity bill. The property is on the bus line for any transportation needs. There is parking on site. Seller will not complete any repairs to the subject property , either lender or buyer requested (none known). The property is sold in As Is condition. Come this one today before it is gone.

Last Agent to Sell the Property

Alan Puryear

Coldwell Banker Elite License #0225059106 Listed on: 01/16/2019

Coldwell Banker Elite

Last Buyer's Agent

Mindy Munson

Samson Properties License #0225207554

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $708

Year Built

  • Built in 1961

Lot Details

  • 3.8

HOA Fees

  • $366 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 845 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Shared Basement
  • Basement Storage

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Forest Oaks Condominiums Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number S000-2923-104

Property Details

Home Type

Condominium

Est. Annual Taxes

$708

Year Built

Built in 1961

Lot Details

0

HOA Fees

$366 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1961
  • Property Attached Yn: Yes
  • Ownership: REO
  • Subdivision Name: Forest Oaks Condominiums
  • Architectural Style: Two Story
  • 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: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Basement: Common Basement, Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 845.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Property Condition: Resale

Utilities

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

Condo/Co-op/Association

  • Association Fee: 366.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Thompson

Lot Info

  • Parcel Number: S000-2923-104
  • Zoning Description: R-53
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 708.0

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
Jan 16, 2019
Closed on
Mar 5, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jennings Sarah M
Seller's Agent
Alan Puryear
Coldwell Banker Elite
Buyer's Agent
Mindy Munson
Samson Properties
List Price
$74,900
Sold Price
$75,000
Premium/Discount to List
$100
0.13%
Current Estimated Value
$174,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,775
Avg. Annual Appreciation
14.50%
Original Mortgage
$60,000
Outstanding Balance
$53,280
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$125,327

Purchase Details

Closed on
Nov 28, 2018
Sold by
Commonwealth Trustees Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Listed on
Feb 13, 2017
Closed on
Mar 22, 2017
Sold by
4050 Forest Hill Avenue Series A Series
Bought by
Jordan Jessie L
Seller's Agent
Mike Hogan
The Hogan Group Real Estate
Buyer's Agent
Melissa Karlson
Real Broker LLC
List Price
$77,900
Sold Price
$78,900
Premium/Discount to List
$1,000
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$76,533
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Samuel I White Pc A Professional Corpora
Bought by
4050 Forest Hill Avenue Series A Series

Purchase Details

Closed on
Apr 29, 2003
Sold by
Hickman Adrian
Bought by
Johnson Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,450
Interest Rate
5.64%
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
Jennings Sarah M $75,000 Attorney
Federal Home Loan Mortgage Corp $45,050 None Available
Jordan Jessie L $78,900 Attorney
4050 Forest Hill Avenue Series A Series $20,773 None Available
Johnson Mary $41,950 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jennings Sarah M $60,000
Previous Owner Jordan Jessie L $76,533
Previous Owner Johnson Mary P $53,521
Previous Owner Johnson Mary P $11,000
Previous Owner Johnson Mary $31,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $75,000 +0.1% $89 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $74,900 -5.1% $89 / Sq Ft
03/24/2017 03/24/17 Sold $78,900 +1.3% $93 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $77,900 -- $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 $2,052 $171,000 $13,000 $158,000
2024 $1,956 $163,000 $13,000 $150,000
2023 $1,392 $116,000 $13,000 $103,000
2022 $1,164 $97,000 $13,000 $84,000
2021 $840 $81,000 $13,000 $68,000
2020 $840 $70,000 $15,000 $55,000
2019 $803 $67,000 $15,000 $52,000
2018 $708 $59,000 $15,000 $44,000
2017 $708 $59,000 $15,000 $44,000
2016 $708 $59,000 $15,000 $44,000
2015 $1,105 $59,000 $15,000 $44,000
2014 $1,105 $59,000 $15,000 $44,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alan Puryear

    Coldwell Banker Elite

    (804) 873-1700

    26 Total Sales

    Section Image

  • M

    Buyer's Agent in 2019

    Mindy Munson

    Samson Properties

    Section Image
  • Mike Hogan

    Seller's Agent in 2017

    Mike Hogan

    The Hogan Group Real Estate

    (804) 655-0751

    991 Total Sales

    Section Image
  • Melissa Karlson

    Buyer's Agent in 2017

    Melissa Karlson

    Real Broker LLC

    (804) 476-2443

    114 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1901632

Central Virginia Regional MLS

APN: S000-2923-104

Virginia Richmond City County Richmond 23225 Forest Hill

4050 Forest Hill Ave Unit 26, Richmond, VA

This home is located at 4050 Forest Hill Ave Unit 26, Richmond, VA 23225 since 16 January 2019 and is currently estimated at $178,607, approximately $211 per square foot. This property was built in 1961. 4050 Forest Hill Ave Unit 26 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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