NOT LISTED FOR SALE

501 E Read St Henrico, VA 23075

Estimated Value: $202,000 - $233,000

3 Beds
1 Bath
1,232 Sq Ft
$180/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $75,000 $61 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $1,311/month

136 Days on Market

Highlights

  • Cape Cod Architecture
  • Heating System Uses Oil
  • 1-Story Property

About This Home

As of January 2018

Cozy 3 bedroom 1 bath ranch style home located in eastern Henrico Co. Nice oversized fenced in lot. The interior features a bright open living space with wood floors. There is an additional living space that connects to a rear deck. Plenty of storage space in the separate utility room and attic area. Great location. Just minutes from the Richmond International airport 295 and 64. Short commute to downtown Richmond. Close to White Oak shopping mall that has several major chains for retail and food.

Last Agent to Sell the Property

Trina Jones

Teammates In Real Estate Inc License #0225042496 Listed on: 08/21/2017

Co-Listed By

Michael Henry

Samson Properties License #0225198909

Last Buyer's Agent

Henry Briggs

Henry Briggs & Assoc, Inc License #0225027726

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $792

Year Built

  • Built in 1947

Lot Details

  • 10,071 Sq Ft Lot
  • Zoning described as R4

Home Design

  • Cape Cod Architecture
  • Frame Construction
  • Composition Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Fair Oaks Elementary School
  • Elko Middle School
  • Highland Springs

Utilities

  • No Cooling
  • Heating System Uses Oil

Community Details

  • Highland Gardens Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 74
  • Assessor Parcel Number 823-722-0581

Home Details

Home Type

Single Family

Est. Annual Taxes

$792

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Property Attached Yn: No
  • Lot Size Acres: 0.2312
  • Co List Office Mls Id: TMRE01
  • Co List Office Phone: 804-254-7880
  • Ownership: REO
  • Subdivision Name: Highland Gardens
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned

Interior Features

  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1232.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Vinyl Siding
  • Property Condition: Resale

Utilities

  • Heating: Electric, Oil
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Elko

Lot Info

  • Parcel Number: 823-722-0581
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 792.0
  • Tax Lot: 74

MLS Schools

  • Elementary School: Fair Oaks
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Jan 23, 2018
Sold by
Federal National Mortgage Association
Bought by
Carville Properties Inc
Seller's Agent
Trina Jones
Teammates In Real Estate Inc
Buyer's Agent
Henry Briggs
Henry Briggs & Assoc, Inc
List Price
$85,000
Sold Price
$75,000
Premium/Discount to List
-$10,000
-11.76%
Current Estimated Value
$221,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,646
Avg. Annual Appreciation
14.86%

Purchase Details

Closed on
Jun 9, 2017
Sold by
Samuel I White Pc A Professional Corpora
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carville Properties Inc $75,000 Attorney
Federal National Mortgage Association $70,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $75,000 0.0% $61 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
12/18/2017 12/18/17 Price Changed $75,000 -11.8% $61 / Sq Ft
08/21/2017 08/21/17 For Sale $85,000 -- $69 / 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 $1,705 $181,700 $29,900 $151,800
2024 $1,705 $164,800 $27,600 $137,200
2023 $1,417 $164,800 $27,600 $137,200
2022 $1,150 $140,200 $27,600 $112,600
2021 $1,104 $114,500 $22,100 $92,400
2020 $1,008 $114,500 $22,100 $92,400
2019 $987 $112,200 $19,800 $92,400
2018 $878 $99,800 $19,800 $80,000
2017 $792 $90,000 $19,800 $70,200
2016 -- $83,200 $19,800 $63,400
2015 $356 $81,000 $23,500 $57,500
2014 $356 $81,000 $23,500 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1730845

Central Virginia Regional MLS

APN: 823-722-0581