NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,434,000

4 Beds
3.5 Baths
3,068 Sq Ft
$429/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $774,000 $252 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,781/month

5 Days on Market

Highlights

  • 0.45 Acre Lot
  • Cape Cod Architecture
  • Wood Flooring
  • Mary Munford Elementary School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of August 2020

Reminiscent of a property you would find along the English countryside, this brick & slate home will delight with its unexpected spaciousness coupled with lovely architectural details (i.e. Chippendale doors & exposed brick) Kitchen opens to sun-filled casual dining area & Family Room. Sunroom/Den with custom cabinetry & exposed brick. Private Office. Master BR with NEW en-suite bath + walk-in closet. Over 3000 sq. ft. with 4 BR’s including one on main level. Basement Rec Room + attached 1-car garage. The yard is truly a private oasis with several gathering areas including deck & 2 terraces. Steps away from University of Richmond.

Last Agent to Sell the Property

Betsy Dotterer

The Steele Group License #0225075877 Listed on: 06/19/2020

The Steele Group

Last Buyer's Agent

Keira D'Amato

Stone Properties VA License #0225232561

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,992

Year Built

  • Built in 1937

Lot Details

  • 0.45 Acre Lot
  • Street terminates at a dead end
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 1 Car Direct Access Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Fire Rated Drywall
  • Slate Roof
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 3,068 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Community Details

  • College Terrace Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number W021-0297-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,992

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1937
  • Property Attached Yn: No
  • Lot Size Acres: 0.4477
  • Ownership: Individuals
  • Subdivision Name: College Terrace
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 951.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Full, Partially Finished
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Disposal, Microwave, Refrigerator, Stove, Washer
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 252.0
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Separate/Formal Dining Room, Granite Counters, Bath in Primary Bedroom, Pantry, Recessed Lighting
  • Living Area: 3068.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Slate
  • Fencing: Back Yard, Fenced
  • Lot Features: Dead End
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Aluminum Siding, Brick, Drywall, Plaster
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Direct Access, Driveway, Garage, Off Street, Paved

Utilities

  • Heating: Hot Water, Oil
  • 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: W021-0297-016
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7992.0
  • Tax Lot: 29

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 13, 2020
Sold by
Garrett Lynn Y and Farrell Patrick W
Bought by
Demars Jonathan M and Weber Megan G
Seller's Agent
Betsy Dotterer
The Steele Group
Buyer's Agent
Keira D'Amato
Stone Properties VA
List Price
$774,000
Sold Price
$774,000
Current Estimated Value
$1,315,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,460
Avg. Annual Appreciation
10.36%
Original Mortgage
$619,200
Outstanding Balance
$548,037
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$767,423

Purchase Details

Closed on
Nov 30, 2017
Sold by
Farrell Patrick W
Bought by
Farrell Patrick W and The Patrick W Farrell Living Trust Dated

Purchase Details

Listed on
Mar 4, 2016
Closed on
Jun 10, 2016
Sold by
March John A and March Erin M
Bought by
The Lynn Y Garrett Revocable Trust and Farrell Patrick W
Seller's Agent
Margaret Wade
Long & Foster REALTORS
Buyer's Agent
Betsy Dotterer
The Steele Group
List Price
$625,000
Sold Price
$628,000
Premium/Discount to List
$3,000
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Jan 25, 2008
Sold by
Smith Hallie
Bought by
March John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Demars Jonathan M $774,000 Attorney
Farrell Patrick W -- None Available
The Lynn Y Garrett Revocable Trust $628,000 Attorney
March John $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demars Jonathan M $619,200
Previous Owner March John $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2020 08/18/20 Sold $774,000 0.0% $252 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $774,000 +23.2% $252 / Sq Ft
06/29/2016 06/29/16 Sold $628,000 +0.5% $205 / Sq Ft View Prior Sale
04/13/2016 04/13/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $625,000 -- $204 / 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 $10,920 $1,018,000 $299,000 $719,000
2024 $10,920 $910,000 $261,000 $649,000
2023 $9,816 $818,000 $235,000 $583,000
2022 $9,324 $777,000 $235,000 $542,000
2020 $8,388 $699,000 $213,000 $486,000
2019 $7,992 $666,000 $213,000 $453,000
2018 $7,716 $643,000 $213,000 $430,000
2017 $7,512 $626,000 $213,000 $413,000
2016 $7,512 $626,000 $213,000 $413,000
2015 $7,260 $609,000 $213,000 $396,000
2014 $7,260 $605,000 $213,000 $392,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2017058

Central Virginia Regional MLS

APN: W021-0297-016