NOT LISTED FOR SALE

4228 Fayette Cir Richmond, VA 23222

Estimated Value: $186,000 - $236,000

3 Beds
1 Bath
948 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $71,000 $75 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $1,284/month

10 Days on Market

Highlights

  • 1.62 Acre Lot
  • Heat Pump System
  • 1-Story Property
  • Central Air

About This Home

As of June 2017

Great Investment Opportunity!
GREAT, Long Term Tenant wanting to continue lease.

Last Agent to Sell the Property

Ginger Sullivan

Resource Realty Services License #0225038855 Listed on: 05/13/2017

Last Buyer's Agent

David Seibert

Real Broker LLC License #0225189389

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1953

Lot Details

  • 1.62 Acre Lot
  • Zoning described as R3

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 948 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Glen Lea Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Fayette Park Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 794-742-8590

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1953
  • Property Attached Yn: No
  • Lot Size Acres: 1.6165
  • Ownership: Corporate
  • Subdivision Name: Fayette Park
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 948.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Block, Frame, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

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

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 794-742-8590
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 725.0
  • Tax Lot: 23

MLS Schools

  • Elementary School: Glen Lea
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2017
Closed on
Jun 5, 2017
Sold by
Kks Humane Inc A Florida Corporation
Bought by
Reed Property Solutions Llc A Virginia L
Seller's Agent
Ginger Sullivan
Resource Realty Services
Buyer's Agent
David Seibert
Real Broker LLC
List Price
$80,000
Sold Price
$71,000
Premium/Discount to List
-$9,000
-11.25%
Current Estimated Value
$214,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,756
Avg. Annual Appreciation
13.71%

Purchase Details

Listed on
Dec 29, 2011
Closed on
Mar 16, 2012
Sold by
Fannie Mae
Bought by
Strasburger Kristi
Seller's Agent
Blakely Smith
Hometown Realty
Buyer's Agent
Ginger Sullivan
Resource Realty Services
List Price
$52,500
Sold Price
$53,113
Premium/Discount to List
$613
1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$42,490
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2011
Sold by
Commonwealth Trustees Subtr
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 14, 2007
Sold by
Perry D Sam
Bought by
Jenkins Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Reed Property Solutions Llc A Virginia L $71,000 None Available
Strasburger Kristi $53,113 --
Federal National Mortgage Association $116,816 --
Jenkins Michael L $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strasburger Kristi $42,490
Previous Owner Jenkins Michael L $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2017 06/16/17 Sold $71,000 -11.3% $75 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $80,000 +50.6% $84 / Sq Ft
03/22/2012 03/22/12 Sold $53,113 +1.2% $49 / Sq Ft
02/17/2012 02/17/12 Pending -- -- --
12/29/2011 12/29/11 For Sale $52,500 -- $49 / 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 $1,369 $151,100 $24,000 $127,100
2024 $1,369 $147,000 $24,000 $123,000
2023 $1,264 $147,000 $24,000 $123,000
2022 $841 $102,500 $22,000 $80,500
2021 $804 $89,400 $18,000 $71,400
2020 $787 $89,400 $18,000 $71,400
2019 $769 $87,400 $18,000 $69,400
2018 $759 $86,200 $16,000 $70,200
2017 $725 $82,400 $16,000 $66,400
2016 $725 $82,400 $16,000 $66,400
2015 $725 $82,400 $16,000 $66,400
2014 $725 $82,400 $16,000 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1716048

Central Virginia Regional MLS

APN: 794-742-8590