NOT LISTED FOR SALE

Estimated Value: $471,359 - $531,000

5 Beds
3 Baths
3,244 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $348,450 $107 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,159/month

201 Days on Market

Highlights

  • 3.9 Acre Lot
  • Hydromassage or Jetted Bathtub
  • Corner Lot
  • Deck
  • Separate Formal Living Room
  • Bay Window

About This Home

As of February 2021

It's easy to imagine the possibilities for this 5 bedroom, 3 bathroom home situated on almost 4 acres. If you're looking for an income-producing opportunity, this property is in turn-key condition for an Adult Residence with a roll-in shower, bathroom with jacuzzi tub, wheelchair accessibility throughout the interior, guardrails and exterior entry ramp. With some modifications, it is ideal for a family looking for a sprawling (over 3,200 square foot) brick rancher with plenty of room to roam on a city-close spread off picturesque Route 5 (New Market Road) in Varina. Features include formal living room, formal dining room, family room w/built-in bookselves, office/study, hardwood floors, stone fireplace and three decks. BRAND NEW ROOF INSTALLED IN 2020! In addition to a huge storage shed, the property also includes a cinder block outbuilding with a finished interior of over 2,000 square feet.

Last Agent to Sell the Property

Gail Atkins

United Real Estate Richmond License #0225041032 Listed on: 06/01/2020

United Real Estate Richmond

Last Buyer's Agent

Denise Miller

Compass License #0225199227

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1962

Lot Details

  • 3.9 Acre Lot
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,244 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Stone Fireplace
  • Bay Window
  • Separate Formal Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Accessible Home Design

  • Low Threshold Shower
  • Grab Bars
  • Accessible Closets
  • Customized Wheelchair Accessible
  • Accessibility Features
  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Schools

  • Mehfoud Elementary School
  • Elko Middle School
  • Varina High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 838-682-2669

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,790

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1962
  • Property Attached Yn: No
  • Lot Size Acres: 3.9
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • 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

  • Basement: Crawl Space
  • Accessibility Features: Accessibility Features, Customized Wheelchair Accessible, Grab Bars, Low Threshold Shower, Accessible Approach with Ramp, Accessible Doors
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Bay Window, Separate/Formal Dining Room, Jetted Tub
  • Living Area: 3244.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Out Building(s), Storage, Shed
  • Other Structures: Shed(s), Outbuilding
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Parcel Number: 838-682-2669
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2790.0

MLS Schools

  • Elementary School: Mehfoud
  • High School: Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Feb 2, 2021
Sold by
Shielded By The Spirit Llc
Bought by
Gary James E and Guzman Penny
Seller's Agent
Gail Atkins
United Real Estate Richmond
Buyer's Agent
Denise Miller
Compass
List Price
$369,950
Sold Price
$348,450
Premium/Discount to List
-$21,500
-5.81%
Total Days on Market
201
Current Estimated Value
$504,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,390
Avg. Annual Appreciation
8.88%
Original Mortgage
$342,138
Outstanding Balance
$307,588
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$197,252
Source: Public Records

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Range of Values:

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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
Gary James E $348,450 Safe Harbor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gary James E $342,138
Previous Owner Shielded By The Spirit Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2021 02/02/21 Sold $348,450 +2.5% $107 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
11/03/2020 11/03/20 Price Changed $339,950 -8.1% $105 / Sq Ft
06/01/2020 06/01/20 For Sale $369,950 -- $114 / 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 $4,054 $446,400 $53,800 $392,600
2024 $4,054 $421,900 $53,800 $368,100
2023 $3,586 $421,900 $53,800 $368,100
2022 $3,158 $371,500 $51,800 $319,700
2021 $2,998 $327,100 $52,700 $274,400
2020 $2,846 $327,100 $52,700 $274,400
2019 $2,790 $320,700 $61,400 $259,300
2018 $2,703 $310,700 $61,400 $249,300
2017 $2,615 $300,600 $61,400 $239,200
2016 $2,506 $288,100 $61,400 $226,700
2015 $2,419 $288,100 $61,400 $226,700
2014 $2,419 $278,000 $61,400 $216,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2016553

Central Virginia Regional MLS

APN: 838-682-2669