NOT LISTED FOR SALE

406 S Laburnum Ave Richmond, VA 23223

Fairfield Neighborhood

Estimated Value: $249,000 - $285,200

5 Beds
2 Baths
1,728 Sq Ft
$151/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $132,500 $77 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,540/month

14 Days on Market

Highlights

  • 1 Car Attached Garage
  • Floor Furnace
  • Level Lot
  • Central Air
  • Partially Carpeted

About This Home

As of March 2020

This is one of 9 income producing properties, 12 doors, listed on Loopnet as a package or as individual purchase.
Investment properties being sold in AS IS condition. Inspections for informational purposes only.

Last Agent to Sell the Property

Brent Samuel

Capital Real Estate Services License #0225232736 Listed on: 01/23/2020

Co-Listed By

Barry Krauss

Capital Real Estate Services License #0225253923

Last Buyer's Agent

Conner Brown

Joyner Fine Properties License #0225214238

Joyner Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Zoning described as R3

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Adams Elementary School
  • Rolfe Middle School
  • Varina High School

Utilities

  • Central Air
  • Floor Furnace
  • Radiator
  • Heating System Uses Oil
  • Water Heater

Community Details

  • Hechler Village Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 811-721-5154

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,175

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1959
  • Property Attached Yn: No
  • Lot Size Acres: 0.2783
  • Co List Office Mls Id: CAPR01
  • Co List Office Phone: 804-405-4782
  • Ownership: Corporate
  • Subdivision Name: Hechler Village
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 1728.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Frame, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, Paved

Utilities

  • Heating: Floor Furnace, Oil, Radiator(s)
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Rolfe

Lot Info

  • Parcel Number: 811-721-5154
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1175.0
  • Tax Lot: 21

MLS Schools

  • Elementary School: Adams
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Feb 28, 2020
Sold by
B Mar Company
Bought by
Lopez Nelson D and Lopez Yessica K
Seller's Agent
Brent Samuel
Capital Real Estate Services
Buyer's Agent
Conner Brown
Joyner Fine Properties
List Price
$139,500
Sold Price
$132,500
Premium/Discount to List
-$7,000
-5.02%
Current Estimated Value
$261,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,050
Avg. Annual Appreciation
12.77%
Original Mortgage
$99,375
Outstanding Balance
$88,177
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$173,373

Purchase Details

Closed on
Jul 10, 2002
Sold by
Citifinancial Mortgage Co
Bought by
B Mar Co

Purchase Details

Closed on
May 21, 2002
Sold by
Cook Linda H
Bought by
Citifinanc

Purchase Details

Closed on
Feb 1, 2000
Sold by
Gorman Ryland
Bought by
Cook Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,880
Interest Rate
7.83%
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
Lopez Nelson D $132,500 Attorney
B Mar Co $73,000 --
Citifinanc $52,500 --
Cook Linda H $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Nelson D $99,375
Previous Owner Cook Linda H $76,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $132,500 -5.0% $77 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $139,500 -- $81 / 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 $2,046 $216,500 $43,700 $172,800
2024 $2,046 $216,500 $43,700 $172,800
2023 $1,840 $216,500 $43,700 $172,800
2022 $1,679 $197,500 $41,800 $155,700
2021 $1,390 $147,200 $38,000 $109,200
2020 $1,281 $147,200 $38,000 $109,200
2019 $1,175 $135,100 $38,000 $97,100
2018 $1,136 $130,600 $36,100 $94,500
2017 $906 $104,100 $32,300 $71,800
2016 $906 $104,100 $32,300 $71,800
2015 $906 $104,100 $32,300 $71,800
2014 $906 $104,100 $32,300 $71,800
Source: Public Records

Agents Affiliated with this Home

  • Brent Samuel

    Seller's Agent in 2020

    Brent Samuel

    Capital Real Estate Services

    (804) 307-8151

    1 in this area

    35 Total Sales

    Brent Samuel
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Barry Krauss

    Capital Real Estate Services

    Section Image
  • Conner Brown

    Buyer's Agent in 2020

    Conner Brown

    Joyner Fine Properties

    (804) 337-1883

    91 Total Sales

    Conner Brown
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2001849

Central Virginia Regional MLS

APN: 811-721-5154

Virginia Henrico County Richmond 23223 Fairfield

406 S Laburnum Ave, Richmond, VA

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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