NOT LISTED FOR SALE

5012 Patterson Ave Richmond, VA 23226

Willow Lawn Neighborhood

Estimated Value: $555,000 - $624,000

4 Beds
2 Baths
1,628 Sq Ft
$363/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2023

Last sale price $510,000 $313 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,663 / mo

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • Landscaped
  • Mary Munford Elementary School Rated A-
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Located in the most desirable area of western Richmond, this charming cape has many surprises. The first floor features hardwood floors, a living room with a fireplace, a spacious dining room freshened kitchen, a full bath, and two bedrooms.
The upstairs has pine flooring, one area with carpet, and a second full bath, which can serve the primary bedroom and a fourth bedroom, sitting room, or office. The present owner has replaced the ROOF and the windows with thermopane windows, added a garden shed, and installed an irrigation system for the lawn.

Last Agent to Sell the Property

Sue Farrell

Joyner Fine Properties License #0225121002 Listed on: 04/30/2023

Joyner Fine Properties

Last Buyer's Agent

Treva Thomas

Joyner Fine Properties License #0225217556

Joyner Fine Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1953

Lot Details

  • 5,990 Sq Ft Lot
  • Privacy Fence
  • Back Yard Fenced
  • Landscaped
  • Level Lot
  • Zoning described as R-5

Parking

  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Partially Carpeted
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Stoop

Schools

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

Utilities

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

Community Details

  • Patterson Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number W020-0096-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,164

Year Built

Built in 1953

Lot Details

5,990 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1953
  • Property Attached Yn: No
  • Lot Size Acres: 0.1375
  • Ownership: Individuals
  • Subdivision Name: Patterson Place
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile, Partially Carpeted, Wood
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Fireplace, Cable TV
  • Living Area: 1628.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Back Yard, Fenced, Privacy
  • Lot Features: Landscaped, Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Familial Relation
  • Construction Type: Brick, Frame, Mixed
  • Patio And Porch Features: Patio, Stoop
  • Property Condition: Resale

Garage/Parking

  • Parking Features: On Street

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: Albert Hill

Lot Info

  • Topography: Level
  • Parcel Number: W020-0096-014
  • Zoning Description: R-5
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4164.0

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2023
Closed on
Jun 12, 2023
Sold by
Bought by
Seller's Agent
Sue Farrell
Joyner Fine Properties
Buyer's Agent
Treva Thomas
Joyner Fine Properties
List Price
$469,950
Sold Price
$510,000
Premium/Discount to List
$40,050
8.52%
Views
64
Current Estimated Value
$591,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,726
Avg. Annual Appreciation
5.15%
Original Mortgage
$470,000
Outstanding Balance
$453,349
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$138,377

Purchase Details

Closed on
Nov 13, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,857
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,250
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
8.24%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 Stewart Title Guaranty Company
$287,257 Attorney
$232,500 --
$138,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $470,000
Previous Owner $179,857
Previous Owner $209,250
Previous Owner $131,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2023 06/15/23 Sold $510,000 +8.5% $313 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $469,950 +63.6% $289 / Sq Ft
11/06/2017 11/06/17 Sold $287,257 -0.9% $176 / Sq Ft View Prior Sale
10/08/2017 10/08/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $289,900 -- $178 / Sq Ft
Source: Central Virginia Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,676 $546,000 $190,000 $356,000
2025 $5,544 $473,000 $190,000 $283,000
2024 $5,544 $462,000 $190,000 $272,000
2023 $4,788 $399,000 $170,000 $229,000
2022 $4,164 $347,000 $135,000 $212,000
2020 $3,528 $294,000 $85,000 $209,000
2019 $3,432 $286,000 $75,000 $211,000
2018 $3,144 $262,000 $75,000 $187,000
2017 $3,144 $262,000 $70,000 $192,000
2016 $3,036 $253,000 $70,000 $183,000
2015 $2,616 $226,000 $50,000 $176,000
2014 $2,616 $218,000 $50,000 $168,000
Source: Public Records

Agents Affiliated with this Home

  • Sue Farrell

    Seller's Agent in 2023

    Sue Farrell

    Joyner Fine Properties

    (804) 405-0044

    3 in this area

    46 Total Sales

    Sue Farrell
    Section Image
  • Treva Thomas

    Buyer's Agent in 2023

    Treva Thomas

    Joyner Fine Properties

    (804) 334-4735

    1 in this area

    95 Total Sales

    Treva Thomas
    Section Image
  • Erin Bohannon

    Seller's Agent in 2017

    Erin Bohannon

    Open Gate Realty Group

    (804) 433-7607

    28 Total Sales

    Erin Bohannon
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 2308540

Central Virginia Regional MLS

APN: W020-0096-014

Virginia Richmond City County Richmond 23226 Willow Lawn

5012 Patterson Ave, Richmond, VA

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 ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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