NOT LISTED FOR SALE

4506 Gaines Rd Richmond, VA 23222

Estimated Value: $271,000 - $303,334

3 Beds
2 Baths
1,247 Sq Ft
$232/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $170,000 $136 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,739/month

15 Days on Market

Highlights

  • Wood Flooring
  • Front Porch
  • Built-In Features
  • 1.5 Car Detached Garage
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of May 2019

Handsome all brick ranch that has been lovingly cared for by the original owners for 62 years, this turn-key home is ready for you! This custom built home features beautiful hardwood floors, living and dining rooms, eat-in kitchen, a cozy family room with brick fireplace, three spacious bedrooms, two full bathrooms, and laundry/utility room. Additional amenities include vinyl replacement windows, a sprawling rear yard, concrete driveway and parking pad, carport, detached 1 1/2 car oversized garage and large storage shed. Welcome Home! 1 Year Home Buyer Warranty included.

Last Agent to Sell the Property

Ryan Medlin

RE/MAX Commonwealth License #0225046627 Listed on: 03/20/2019

RE/MAX Commonwealth

Last Buyer's Agent

Sean Gould

Hometown Realty License #0225231787

Hometown Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R3

Parking

  • 1.5 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Plaster

Interior Spaces

  • 1,247 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Fireplace Features Masonry
  • Crawl Space
  • Storm Doors

Kitchen

  • Eat-In Kitchen
  • Oven

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Front Porch
  • Stoop

Schools

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

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Community Details

  • Olney Park Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 802-740-1923

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,182

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1957
  • Property Attached Yn: No
  • Lot Size Acres: 0.3151
  • Ownership: Individuals
  • Subdivision Name: Olney Park
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Linoleum, Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Oven, Oil Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary
  • Living Area: 1247.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: Back Yard, Chain Link, Fenced
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Concrete, Plaster
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Front Porch, Stoop
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Driveway, Detached, Garage, Paved

Utilities

  • Heating: Baseboard, Oil
  • 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: 802-740-1923
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1182.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Glen Lea
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 7, 2019
Sold by
Rowe Virginia
Bought by
Ngwa Ah D and Yaw Ah M
Seller's Agent
Ryan Medlin
RE/MAX Commonwealth
Buyer's Agent
Sean Gould
Hometown Realty
List Price
$160,000
Sold Price
$170,000
Premium/Discount to List
$10,000
6.25%
Current Estimated Value
$289,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,084
Avg. Annual Appreciation
8.63%
Original Mortgage
$164,900
Interest Rate
4%
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
Ngwa Ah D $170,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngwa Ah D $159,000
Closed Ngwa Ah D $164,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $170,000 +6.3% $136 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $160,000 -- $128 / 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 $2,108 $242,900 $38,000 $204,900
2024 $2,108 $237,000 $36,000 $201,000
2023 $2,015 $237,000 $36,000 $201,000
2022 $1,506 $177,200 $34,000 $143,200
2021 $1,415 $162,600 $28,000 $134,600
2020 $1,415 $162,600 $28,000 $134,600
2019 $1,202 $138,200 $28,000 $110,200
2018 $1,182 $135,900 $28,000 $107,900
2017 $1,145 $131,600 $26,000 $105,600
2016 $1,083 $124,500 $26,000 $98,500
2015 $1,083 $124,500 $26,000 $98,500
2014 $1,083 $124,500 $26,000 $98,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1908220

Central Virginia Regional MLS

APN: 802-740-1923