NOT LISTED FOR SALE

Estimated Value: $1,120,000 - $1,369,000

4 Beds
3.5 Baths
2,905 Sq Ft
$419/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $1,000,000 $344 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,417/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Granite Countertops
  • Mary Munford Elementary School Rated A-
  • 2 Fireplaces
  • Built-In Features

About This Home

As of May 2022

Located on a wide and lovely block of West Franklin is this renovated and expanded brick and slate colonial style home. Originally built in 1942, this home oozes with charm, yet is wonderfully updated. The welcoming foyer has an archway to the formal living room with fireplace. Kitchen with granite countertops is open to the dining room and flows seamlessly to the spacious family room boasting a gas fireplace, bar, and doors to the rear yard and screened in porch. This home has it all, including a private office for working from home and convenient mudroom/laundry room with cubbies. Upstairs, there are 4 bedrooms, 2 bathrooms, including the owners’ suite with luxurious en-suite bath and large walk-in closet. The basement level offers a rec room with full bath, 2nd office, and storage rooms. Private rear yard is fenced and features a beautiful patio and detached shed. This gem in the heart of Richmond will not last long!

Last Agent to Sell the Property

Debbie Gibbs

The Steele Group License #0225121703 Listed on: 04/24/2022

The Steele Group

Last Buyer's Agent

Margaret Wade

Long & Foster REALTORS License #0225094724

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1942

Lot Details

  • 6,499 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R-5

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Slate Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,905 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Granite Countertops
  • Partially Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Water Heater

Community Details

  • Colonial Place Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number W000-2027-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,552

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1942
  • Property Attached Yn: No
  • Lot Size Acres: 0.1492
  • Ownership: Individuals
  • Subdivision Name: Colonial Place
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Basement: Partially Finished
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 457.0
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, Granite Counters, Recessed Lighting, Walk-In Closet(s)
  • Living Area: 2905.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

  • Parking Features: On Street

Utilities

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W000-2027-010
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6552.0
  • Tax Lot: 12

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
May 17, 2022
Sold by
Jones Jr Yancey S
Bought by
Wilson Alexander G and Wilson Caley
Seller's Agent
Debbie Gibbs
The Steele Group
Buyer's Agent
Margaret Wade
Long & Foster REALTORS
List Price
$785,000
Sold Price
$1,000,000
Premium/Discount to List
$215,000
27.39%
Current Estimated Value
$1,218,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,267
Avg. Annual Appreciation
5.92%
Original Mortgage
$750,000
Outstanding Balance
$710,134
Interest Rate
4.89%
Mortgage Type
Balloon
Estimated Equity
$508,133

Purchase Details

Listed on
May 3, 2012
Closed on
Aug 16, 2012
Sold by
Boyle Martin C
Bought by
Jones Yancey S
Seller's Agent
Katie Williams
Long & Foster REALTORS
Buyer's Agent
Steve Pace
Hometown Realty
List Price
$359,000
Sold Price
$339,000
Premium/Discount to List
-$20,000
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$322,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2006
Sold by
Nystrom David
Bought by
Ritsch Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,392
Interest Rate
6.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2004
Sold by
Kump Chris
Bought by
Nystrom David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1999
Sold by
Hazelton Robert E and Hazelton Elizabeth P
Bought by
Kump Chris and Kump Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,400
Interest Rate
7.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1998
Sold by
Hazelton Elizabeth P
Bought by
Hazelton Robert E and Hazelton Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.98%
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
Wilson Alexander G $1,000,000 Old Republic National Title
Jones Yancey S $339,000 --
Ritsch Ellen $340,490 --
Nystrom David S $297,500 --
Kump Chris $213,000 --
Hazelton Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Alexander G $750,000
Previous Owner Jones Yancey S $322,000
Previous Owner Ritsch Ellen $272,392
Previous Owner Nystrom David S $238,000
Previous Owner Hazelton Robert E $169,400
Previous Owner Hazelton Robert E $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $1,000,000 +27.4% $344 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $785,000 +131.6% $270 / Sq Ft
08/21/2012 08/21/12 Sold $339,000 -5.6% $160 / Sq Ft View Prior Sale
05/30/2012 05/30/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $359,000 -- $170 / 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 $12,108 $1,009,000 $235,000 $774,000
2024 $11,748 $979,000 $235,000 $744,000
2023 $10,896 $908,000 $215,000 $693,000
2022 $6,660 $555,000 $165,000 $390,000
2021 $6,432 $546,000 $120,000 $426,000
2020 $6,432 $536,000 $115,000 $421,000
2019 $5,988 $499,000 $105,000 $394,000
2018 $5,868 $489,000 $105,000 $384,000
2017 $5,676 $473,000 $85,000 $388,000
2016 $4,044 $337,000 $85,000 $252,000
2015 $3,816 $331,000 $75,000 $256,000
2014 $3,816 $318,000 $75,000 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2207336

Central Virginia Regional MLS

APN: W000-2027-010