NOT LISTED FOR SALE

505 Highland Dr Henrico, VA 23075

Estimated Value: $257,000 - $287,000

3 Beds
1 Bath
1,420 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $163,500 $115 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,633/month

16 Days on Market

Highlights

  • Cape Cod Architecture
  • Cooling Available
  • Partially Fenced Property
  • Front Porch
  • Partially Carpeted
  • Heat Pump System

About This Home

As of June 2018

Four bedroom renovated cape cod waiting for you to move in. New kitchen with lots of counter space and white cabinets and a matching backsplash. Large living room leading to a formal dining room. Two bedrooms downstairs with closets plus hallway linen closet. Upstairs features two additional bedrooms with lots of storage and walk in closets, no space wasted!!! From the kitchen you will enter the sizeable laundry room with doorway leading to the back yard which is mostly fenced in. This home includes a new dimensional roof. new siding, new windows, new heat pump, new kitchen and appliances including microwave. A full front deck has been painted and ready for you and your family. Off street parking and walk to the high school.

Last Agent to Sell the Property

Lois Thomas

Shaheen Ruth Martin & Fonville License #0225113321 Listed on: 04/16/2018

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Patricia Pringle

Empower Realty LLC License #0225102643

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $729

Year Built

  • Built in 1951

Lot Details

  • 8,568 Sq Ft Lot
  • Partially Fenced Property
  • Zoning described as R4

Parking

  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Fire Rated Drywall
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property

Kitchen

  • Induction Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Highland Springs Elementary School
  • Fairfield Middle School
  • Highland Springs

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Highland Terrace Subdivision

Listing and Financial Details

  • Tax Lot 26,27
  • Assessor Parcel Number 823-722-3498

Home Details

Home Type

Single Family

Est. Annual Taxes

$729

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Property Attached Yn: No
  • Lot Size Acres: 0.1967
  • Ownership: Individuals
  • Subdivision Name: Highland Terrace
  • 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: None

Interior Features

  • Flooring: Laminate, Partially Carpeted
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Smooth Cooktop, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1420.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Partial
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Patio And Porch Features: Front Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Fairfield

Lot Info

  • Parcel Number: 823-722-3498
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 729.0
  • Tax Lot: 26,27

MLS Schools

  • Elementary School: Highland Springs
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 31, 2018
Sold by
Blueflower Properties Llc A Virginia Lim
Bought by
Jackson Shanika M
Seller's Agent
Lois Thomas
Shaheen Ruth Martin & Fonville
Buyer's Agent
Patricia Pringle
Empower Realty LLC
List Price
$163,965
Sold Price
$163,500
Premium/Discount to List
-$465
-0.28%
Current Estimated Value
$273,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,010
Avg. Annual Appreciation
7.16%
Original Mortgage
$160,538
Outstanding Balance
$139,211
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$134,299

Purchase Details

Closed on
Feb 8, 2018
Sold by
Marriner Donna N and Hicks Robert Gene
Bought by
Blueflower Properties Llc A Virginia Lim
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Jackson Shanika M $163,500 Attorney
Blueflower Properties Llc A Virginia Lim $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Shanika M $160,538
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2018 06/12/18 Sold $163,500 -0.3% $115 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $163,965 -- $115 / 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 $2,297 $245,400 $29,900 $215,500
2024 $2,297 $225,700 $27,600 $198,100
2023 $1,941 $225,700 $27,600 $198,100
2022 $1,647 $191,500 $27,600 $163,900
2021 $1,509 $162,900 $22,100 $140,800
2020 $1,434 $162,900 $22,100 $140,800
2019 $1,413 $160,600 $19,800 $140,800
2018 $805 $91,500 $19,800 $71,700
2017 $729 $82,800 $19,800 $63,000
2016 $675 $76,700 $19,800 $56,900
2015 $661 $75,100 $23,500 $51,600
2014 $661 $75,100 $23,500 $51,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1813676

Central Virginia Regional MLS

APN: 823-722-3498