NOT LISTED FOR SALE

501 Cheatwood Ave Richmond, VA 23222

Washington Park Neighborhood

Estimated Value: $163,000 - $247,000

3 Beds
1 Bath
960 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $112,000 $117 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,323/month

35 Days on Market

Highlights

  • Bamboo Flooring
  • Front Porch
  • Forced Air Heating and Cooling System
  • Open High School Rated A+
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of April 2018

RENOVATED RANCH READY TO MOVED INTO!! This immaculate bright just like new three bedroom home located on a quiet dead end street has been renovated with New Roof, New Windows (except front bay windows), New Central Air (2016) New Kitchen with stainless steel appliances, New Hot Water Heater (2016), Upgraded Electrical Panel (2015), Remodeled Bathroom, New Bamboo Floors, Painted Inside and Out, New Insulation (2015). Every Bedroom has a ceiling fan and hardwood floors. Everything has been done for you - nothing for you to do but move into today!!

Last Agent to Sell the Property

Helen Fields

Shaheen Ruth Martin & Fonville License #0225053320 Listed on: 01/08/2018

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Carolyn Demery

Lifelong Realty Inc License #0225176776

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $612

Year Built

  • Built in 1962

Lot Details

  • 9,845 Sq Ft Lot
  • Property fronts an alley
  • Street terminates at a dead end
  • Zoning described as R-5

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Bamboo
  • Wood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Outbuilding
  • Front Porch
  • Stoop

Schools

  • Frances W. Mcclenney Elementary School
  • Henderson Middle School
  • John Marshall High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Washington Park Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number N018-0481-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$612

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: 0.226
  • Ownership: Partnership
  • Subdivision Name: Washington Park
  • 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

  • Flooring: Bamboo, Wood
  • Basement: Crawl Space
  • Appliances: Gas Water Heater, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen
  • Living Area: 960.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Lot Features: Dead End
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Drywall, Frame, Other
  • Exterior Features: Lighting, Out Building(s), Unpaved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Front Porch, Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Alley Access, Driveway, Off Street, Unpaved

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: N018-0481-021
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 612.0
  • Tax Lot: 16

MLS Schools

  • Elementary School: Frances W. McClenney
  • High School: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Mar 15, 2018
Sold by
Abdh Llc A Virginia Limited Liability Co
Bought by
Johnson Derrick E
Seller's Agent
Helen Fields
Shaheen Ruth Martin & Fonville
Buyer's Agent
Carolyn Demery
Lifelong Realty Inc
List Price
$122,500
Sold Price
$112,000
Premium/Discount to List
-$10,500
-8.57%
Current Estimated Value
$211,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,956
Avg. Annual Appreciation
9.58%
Original Mortgage
$109,381
Outstanding Balance
$94,720
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$124,821

Purchase Details

Closed on
Nov 11, 2016
Sold by
Yerkic-Husejnovic Berina and Yerkic Dragan
Bought by
Abdh Llc A Virginia Limited Liability Co

Purchase Details

Listed on
Jan 9, 2014
Closed on
Mar 25, 2014
Sold by
Greene Exr Regina L
Bought by
Yerkic Husejnovic Berina
Seller's Agent
Ollie Chambers
United Real Estate Richmond
Buyer's Agent
Helen Fields
Shaheen Ruth Martin & Fonville
List Price
$40,000
Sold Price
$41,030
Premium/Discount to List
$1,030
2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%
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
Johnson Derrick E $112,000 Apex Title & Stlmnt Svc Llc
Abdh Llc A Virginia Limited Liability Co -- None Available
Yerkic Husejnovic Berina $41,030 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Derrick E $55,000
Open Johnson Derrick E $109,381
Previous Owner Greene Charles E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2018 04/10/18 Sold $112,000 -8.6% $117 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $122,500 +198.6% $128 / Sq Ft
04/04/2014 04/04/14 Sold $41,030 +2.6% $43 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $40,000 -- $42 / 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 $2,016 $168,000 $65,000 $103,000
2024 $1,908 $159,000 $60,000 $99,000
2023 $1,812 $151,000 $60,000 $91,000
2022 $1,392 $116,000 $25,000 $91,000
2021 $1,296 $111,000 $20,000 $91,000
2020 $1,296 $108,000 $20,000 $88,000
2019 $1,236 $103,000 $20,000 $83,000
2018 $624 $52,000 $20,000 $32,000
2017 $612 $51,000 $20,000 $31,000
2016 $612 $51,000 $20,000 $31,000
2015 $99 $49,000 $20,000 $29,000
2014 $99 $83,000 $20,000 $63,000
Source: Public Records

Agents Affiliated with this Home

  • Helen Fields

    Seller's Agent in 2018

    Helen Fields

    Shaheen Ruth Martin & Fonville

    (804) 564-2250

    1 in this area

    40 Total Sales

    Section Image
  • Carolyn Demery

    Buyer's Agent in 2018

    Carolyn Demery

    Lifelong Realty Inc

    (804) 389-0601

    10 Total Sales

    Section Image

  • O

    Seller's Agent in 2014

    Ollie Chambers

    United Real Estate Richmond

    10 Total Sales

    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1800244

Central Virginia Regional MLS

APN: N018-0481-021

Virginia Richmond City County Richmond 23222 Washington Park

501 Cheatwood Ave, Richmond, VA

This home is located at 501 Cheatwood Ave, Richmond, VA 23222 since 08 January 2018 and is currently estimated at $211,956, approximately $220 per square foot. This property was built in 1962. 501 Cheatwood Ave is a home located in Richmond City with nearby schools including Frances W. McClenney Elementary School, Henderson Middle School, and John Marshall High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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