NOT LISTED FOR SALE

503 Wilmer Ave Richmond, VA 23227

Chamberlayne Neighborhood

Estimated Value: $273,000 - $320,982

2 Beds
2 Baths
1,238 Sq Ft
$246/Sq Ft Est. Value

Last Sold June 12, 2012

Last sale price $53,500 $43 Per Sq Ft

Est. 470% increase in value since last sale

Current estimated payment $1,817/month

23 Days on Market

About This Home

As of June 2012

Great renovation project! The perfect home for those handy buyers. Potention galore in this property. 2 bedrooms and two baths, family room and formal dining room both have hardwood floors. Galley style kitchen, all appliances convey. Great home for investor or 1st time homebuyer. Priced to sell, being sold in "as is" condition. Cash or 203K loan only.

Last Agent to Sell the Property

Darlene Brent

Long & Foster REALTORS License #0225030280 Listed on: 04/09/2012

Long & Foster REALTORS

Last Buyer's Agent

Darlene Brent

Long & Foster REALTORS License #0225030280 Listed on: 04/09/2012

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,861

Year Built

  • 1940

Lot Details

  • 7,841

Home Design

  • Composition Roof

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Property has 1.5 Levels
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 790-745-5685

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,861

Year Built

1940

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 43.22
  • Finished Sq Ft: 1238
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Electric Cooking, Oven, Refrigerator
  • Flooring: Wood-Part, Vinyl
  • Interior: 1st Floor Bedrm W/ Full Bath, Ceiling Fan, Dining Area, Eat-In-Kitchen
  • Number of Rooms: 6
  • Total Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Level 2 Full Bathrooms: 1
  • Full Bath Level 2 Description: Shower
  • Attic: Access Panel
  • Number Of Levels: 1.50

Exterior Features

  • Roof: Composition
  • Siding: Hardboard

Garage/Parking

  • Garage Type: Detached, Oversized
  • Number Of Cars: 1

Utilities

  • Heating Fuel: Oil
  • Heating: Hot Water
  • Sewer: Public Sewer
  • Water: Public Water

Schools

  • Elementary School: Laburnum
  • Middle School: Douglas Wilder
  • High School: Henrico

Lot Info

  • Zoning: R-4
  • Lot: 10
  • Parcel Number: 790-745-5685

Multi Family

  • Attachment Count: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jun 7, 2012
Sold by
Paterson George H
Bought by
Mancia Mario
Seller's Agent
Darlene Brent
Long & Foster REALTORS
Buyer's Agent
Darlene Brent
Long & Foster REALTORS
List Price
$55,000
Sold Price
$53,500
Premium/Discount to List
-$1,500
-2.73%
Current Estimated Value
$304,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,496
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Jun 27, 2005
Sold by
Yoxall Heatgher J
Bought by
Paterson George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Purcell Alyce
Bought by
Yoxal Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,333
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1999
Sold by
Elflein Jennifer E
Bought by
Purcell Alyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
7.8%
Mortgage Type
New Conventional
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
Mancia Mario $53,500 --
Paterson George H $139,000 --
Yoxal Heather $85,000 --
Purcell Alyce A $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paterson George H $107,000
Previous Owner Purcell Alyce A $84,333
Previous Owner Purcell Alyce A $65,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2012 06/12/12 Sold $53,500 -2.7% $43 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $55,000 -- $44 / 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 $1,861 $209,200 $42,000 $167,200
2024 $1,861 $192,200 $40,000 $152,200
2023 $1,720 $202,400 $40,000 $162,400
2022 $1,539 $181,100 $38,000 $143,100
2021 $1,321 $151,800 $33,000 $118,800
2020 $1,321 $151,800 $33,000 $118,800
2019 $1,273 $146,300 $33,000 $113,300
2018 $1,247 $143,300 $30,000 $113,300
2017 $1,106 $127,100 $26,000 $101,100
2016 $1,094 $125,700 $26,000 $99,700
2015 $840 $96,500 $26,000 $70,500
2014 $840 $96,500 $26,000 $70,500
Source: Public Records

Agents Affiliated with this Home

  • Darlene Brent

    Seller's Agent in 2012

    Darlene Brent

    Long & Foster

    (804) 937-6843

    3 in this area

    198 Total Sales

    Darlene Brent
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Map

Source: Central Virginia Regional MLS

MLS Number: 1209451

Central Virginia Regional MLS

APN: 790-745-5685

Virginia Henrico County Richmond 23227 Chamberlayne

503 Wilmer Ave, Richmond, VA

This home is located at 503 Wilmer Ave, Richmond, VA 23227 since 09 April 2012 and is currently estimated at $304,996, approximately $246 per square foot. This property was built in 1940. 503 Wilmer Ave is a home located in Henrico County with nearby schools including Laburnum Elementary School, L. Douglas Wilder Middle, and Henrico High.

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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