NOT LISTED FOR SALE

505 Riverview Rd Colonial Heights, VA 23834

Estimated Value: $193,000 - $235,000

3 Beds
1 Bath
786 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $95,000 $121 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,198/month

77 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Heat Pump System
  • Screened Porch
  • Cooling Available
  • 1-Story Property

About This Home

As of April 2020

Charming cottage home! Located on a quiet street, this home is perfect for a first time home buyer, or someone wanting to downsize. Freshly painted with beautifully finished hardwood floors - it's move in ready. Living room, dining room and small kitchen offer great living spaces. There are three bedrooms, one bath, a nice front porch, screened porch and patio in the back - lots of room to enjoy the nice yard with privacy. Plenty of room to expand.

Last Agent to Sell the Property

HomeFields LLC

Swell Real Estate Co License #0225193030 Listed on: 08/26/2019

Swell Real Estate Co

Last Buyer's Agent

Daniel Riggan

EXP Realty LLC License #0225242134

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $988

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot
  • Zoning described as R2

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Composition Roof
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 786 Sq Ft Home
  • 1-Story Property
  • Screened Porch

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Dirt Floor
  • Crawl Space

Parking

  • Driveway
  • Paved Parking

Schools

  • Tussing Elementary School
  • Colonial Heights Middle School
  • Colonial Heights High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Grove Park Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 4400-04-00-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$988

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Property Attached Yn: No
  • Lot Size Acres: 0.17
  • Ownership: Individuals
  • Subdivision Name: Grove Park
  • Architectural Style: Bungalow, Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space, Dirt Floor
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 786.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Plaster
  • Exterior Features: Paved Driveway
  • Patio And Porch Features: Front Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Paved

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: Colonial Heights

Lot Info

  • Parcel Number: 4400-04-00-029
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 988.0
  • Tax Lot: 29

MLS Schools

  • Elementary School: Tussing
  • High School: Colonial Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Apr 13, 2020
Sold by
Rawlings Ernest L and Hoke Melvin Ray
Bought by
Smith Marie A
Seller's Agent
HomeFields LLC
Swell Real Estate Co
Buyer's Agent
Daniel Riggan
EXP Realty LLC
List Price
$115,000
Sold Price
$95,000
Premium/Discount to List
-$20,000
-17.39%
Current Estimated Value
$205,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,331
Avg. Annual Appreciation
14.34%
Original Mortgage
$54,150
Outstanding Balance
$48,150
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$157,181
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

Date Buyer Sale Price Title Company
Smith Marie A $95,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Marie A $54,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2020 04/29/20 Sold $95,000 -13.6% $121 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $110,000 -4.3% $140 / Sq Ft
08/26/2019 08/26/19 For Sale $115,000 -- $146 / Sq Ft
Source: Central Virginia Regional MLS

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 $1,570 $130,800 $48,000 $82,800
2024 $1,570 $130,800 $48,000 $82,800
2023 $1,294 $107,800 $40,000 $67,800
2022 $1,210 $107,800 $40,000 $67,800
2021 $647 $93,900 $36,000 $57,900
2020 $1,127 $93,900 $36,000 $57,900
2019 $988 $82,300 $32,500 $49,800
2018 $988 $82,300 $32,500 $49,800
2017 $941 $0 $0 $0
2016 $447 $78,400 $0 $0
2015 $467 $0 $0 $0
2014 $467 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1928306

Central Virginia Regional MLS

APN: 44000400029