NOT LISTED FOR SALE

Estimated Value: $1,033,000 - $1,232,000

5 Beds
2.5 Baths
2,500 Sq Ft
$444/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $520,000 $208 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,724/month

55 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Breakfast Area or Nook
  • Mary Munford Elementary School Rated A-
  • Wood Flooring
  • Front Porch

About This Home

As of August 2017

Big Price reduction!! Wonderfully classic brick and slate home that exudes charm galore, and is located in one of the most popular areas in Richmond! Lovely features throughout, from the detailed front entrance to the the sitting room addition with windows that span the back of the house. 5 bedrooms, one of which is a master suite, and 2.1 baths. Fantastic formal rooms, lovely entrance foyer that guides you to the eat-in kitchen, which flows right into the family room addition and accommodates today's style of open space living. Ideal playroom or teen room hang out in the basement. There are options for a home office on the second floor or in the basement area if so desired. The oversized lot surrounding this home is a fantastic feature as well as the off- street parking and detached tool shed with electricity. Enjoy warm summer nights grilling out on the large back deck while enjoying the mature and established plantings. Younger AC, hardwood floors throughout, and only minutes from Libbie/Grove area.

Last Agent to Sell the Property

Paige Shaheen

Shaheen Ruth Martin & Fonville License #0225186851 Listed on: 05/12/2017

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Katherine Hill

Shaheen Ruth Martin & Fonville License #0225202855

Shaheen Ruth Martin & Fonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,628

Year Built

  • Built in 1939

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Slate Roof
  • Aluminum Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bookcases
  • Track Lighting
  • Fireplace Features Masonry
  • Gas Fireplace
  • Bay Window
  • French Doors
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • Deck
  • Shed
  • Front Porch

Schools

  • Munford Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Central Air
  • Radiator
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Grove Avenue Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number W019-0251-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,628

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1939
  • Property Attached Yn: No
  • Lot Size Acres: 0.27
  • Ownership: Individuals
  • Subdivision Name: Grove Avenue Crest
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Full, Partially Finished
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Gas, Masonry
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Breakfast Area, Bay Window, Eat-in Kitchen, French Door(s)/Atrium Door(s), Bath in Primary Bedroom, Pantry, Track Lighting
  • Living Area: 2500.0
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle, Slate
  • Fencing: Back Yard, Fenced, Wood
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Brick, Block
  • Exterior Features: Deck, Storage, Shed
  • Patio And Porch Features: Front Porch, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Natural Gas, Radiator(s)
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W019-0251-009
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5628.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Aug 23, 2017
Sold by
Custer Michael E and Custer Laura W
Bought by
Thomas Derek and Thomas Catherine
Seller's Agent
Paige Shaheen
Shaheen Ruth Martin & Fonville
Buyer's Agent
Katherine Hill
Shaheen Ruth Martin & Fonville
List Price
$619,999
Sold Price
$520,000
Premium/Discount to List
-$99,999
-16.13%
Current Estimated Value
$1,082,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$562,249
Avg. Annual Appreciation
7.97%
Original Mortgage
$416,000
Outstanding Balance
$353,474
Interest Rate
4.03%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$605,352

Purchase Details

Closed on
May 6, 1999
Sold by
Tyson William L and Tyson Elizabeth M
Bought by
Custer Michael E and Custer Laura W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thomas Derek $520,000 Attorney
Custer Michael E $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Derek $287,000
Open Thomas Derek $416,000
Previous Owner Custer Michael E $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $520,000 -9.6% $208 / Sq Ft
07/06/2017 07/06/17 Pending -- -- --
06/05/2017 06/05/17 Price Changed $575,000 -7.3% $230 / Sq Ft
05/12/2017 05/12/17 For Sale $619,999 -- $248 / 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 $9,924 $827,000 $280,000 $547,000
2024 $9,660 $805,000 $280,000 $525,000
2023 $9,420 $785,000 $260,000 $525,000
2022 $6,804 $567,000 $185,000 $382,000
2021 $6,348 $537,000 $160,000 $377,000
2020 $6,348 $529,000 $160,000 $369,000
2019 $6,096 $508,000 $150,000 $358,000
2018 $5,940 $495,000 $150,000 $345,000
2017 $5,748 $479,000 $145,000 $334,000
2016 $5,628 $469,000 $145,000 $324,000
2015 $5,796 $451,000 $135,000 $316,000
2014 $5,796 $483,000 $140,000 $343,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1717919

Central Virginia Regional MLS

APN: W019-0251-009