NOT LISTED FOR SALE

505 E Read St Henrico, VA 23075

Estimated Value: $228,000 - $273,000

4 Beds
1.5 Baths
1,251 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $140,000 $112 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $1,497/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Eat-In Kitchen
  • Cooling System Mounted In Outer Wall Opening
  • Beamed Ceilings
  • Built-In Features
  • Shed

About This Home

As of July 2018

This 4 or 5 bedroom home has one and a half baths. There are multiple living areas and spacious rooms. The sunroom has great light with many windows. The kitchen has plenty of storage and the appliances convey (as-is) with the property. There is off street paved parking, a big spacious rear yard, and a storage shed for all of your stuff. Walk to town or school and enjoy easy access to I64 and 895. Move in ready and waiting for you to make it your own.

Last Agent to Sell the Property

Lawrence Olds

Olds Estates and Properties License #0225179819 Listed on: 06/05/2018

Co-Listed By

Missy Olds

Olds Estates and Properties License #0225059780

Last Buyer's Agent

Craig Waterworth

Real Broker LLC License #0225222354

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 1946

Lot Details

  • 7,431 Sq Ft Lot
  • Zoning described as R4

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,251 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Beamed Ceilings
  • Awning
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Shed
  • Stoop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • Highland Springs Subdivision

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 823-722-1172

Home Details

Home Type

Single Family

Est. Annual Taxes

$791

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1946
  • Property Attached Yn: No
  • Lot Size Acres: 0.1706
  • Co List Office Mls Id: OLEP01
  • Co List Office Phone: 804-564-9690
  • Ownership: Individuals
  • Subdivision Name: Highland Springs
  • 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

  • Appliances: Dishwasher, Electric Cooking, Oil Water Heater, Refrigerator, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Beamed Ceilings, Bookcases, Built-in Features, Bedroom on Main Level, Eat-in Kitchen
  • Living Area: 1251.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent
  • Construction Type: Aluminum Siding, Block, Concrete, Vinyl Siding
  • Exterior Features: Awning(s)
  • Other Structures: Shed(s)
  • Patio And Porch Features: Stoop
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Oil
  • Cooling: Wall Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Fairfield

Lot Info

  • Parcel Number: 823-722-1172
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 791.0
  • Tax Lot: 46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jul 16, 2018
Sold by
Olds Lawrence and Olds Melissa
Bought by
Neal Zakiya
Seller's Agent
Lawrence Olds
Olds Estates and Properties
Buyer's Agent
Craig Waterworth
Real Broker LLC
List Price
$134,900
Sold Price
$140,000
Premium/Discount to List
$5,100
3.78%
Current Estimated Value
$253,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,785
Avg. Annual Appreciation
8.45%
Original Mortgage
$137,464
Outstanding Balance
$119,787
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$133,998

Purchase Details

Listed on
Jan 3, 2013
Closed on
Aug 20, 2013
Sold by
Overstreet Franklin D
Bought by
Olds Lawrence
Seller's Agent
Kenny Wilbourne
Kenny Wilbourne Realty & Co
Buyer's Agent
Missy Olds
Olds Estates and Properties
List Price
$84,950
Sold Price
$56,000
Premium/Discount to List
-$28,950
-34.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.47%
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
Neal Zakiya $140,000 Attorney
Olds Lawrence $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neal Zakiya $137,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2018 07/23/18 Sold $140,000 +3.8% $112 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $134,900 +140.9% $108 / Sq Ft
08/23/2013 08/23/13 Sold $56,000 -34.1% $45 / Sq Ft View Prior Sale
08/06/2013 08/06/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $84,950 -- $68 / 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 $1,908 $203,400 $29,900 $173,500
2024 $1,908 $187,000 $27,600 $159,400
2023 $1,608 $187,000 $27,600 $159,400
2022 $1,366 $158,800 $27,600 $131,200
2021 $1,251 $129,800 $22,100 $107,700
2020 $1,142 $129,800 $22,100 $107,700
2019 $1,122 $127,500 $19,800 $107,700
2018 $876 $99,600 $19,800 $79,800
2017 $791 $89,900 $19,800 $70,100
2016 $731 $83,100 $19,800 $63,300
2015 $712 $80,900 $23,500 $57,400
2014 $712 $80,900 $23,500 $57,400
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Olds

    Seller's Agent in 2018

    Lawrence Olds

    Olds Estates and Properties

    (804) 564-9675

    26 Total Sales

    Lawrence Olds
    Section Image
  • Missy Olds

    Seller Co-Listing Agent in 2018

    Missy Olds

    Olds Estates and Properties

    (804) 564-9690

    19 Total Sales

    Missy Olds
    Section Image
  • Craig Waterworth

    Buyer's Agent in 2018

    Craig Waterworth

    Real Broker LLC

    (804) 305-3639

    1 in this area

    216 Total Sales

    Craig Waterworth
    Section Image

  • K

    Seller's Agent in 2013

    Kenny Wilbourne

    Kenny Wilbourne Realty & Co

See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1820416

Central Virginia Regional MLS

APN: 823-722-1172

Virginia Henrico County Henrico 23075

505 E Read St, Henrico, VA

Not Listed for Sale

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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