$229,900
SOLD DEC 10, 2024

507 Chestnut Ave Colonial Heights, VA 23834

3 Beds
1 Bath
930 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Front Porch
  • Cottage
  • Thermal Windows
  • Eat-In Kitchen

About This Home

As of December 2024

Love where you live and play......Colonial Heights offers a perfect blend of small-town charm and modern conveniences, making it a wonderful place to live. Its central location provides easy access to Richmond, Fort Lee and surrounding areas, while still maintaining a peaceful, close-knit community vibe. With beautiful parks, and a variety of shopping and dining options, there is something for everyone. Relax and unwind in this renovated 1950's Classic cottage with all the must have modern updates & no need to trudge up the stairs. Savvy buyers will appreciate a 2023 renovation that included a new roof, new water heater, Appliances, windows, HVAC, renovated bathroom, new fixtures, painting & more! Highlights also include original; refinished hardwoods, classic living room, large utility room and eat-in Kitchen. Outdoor Living is easy with a detached shed for storage, plentiful parking, detached garage with electrical for your workshop, toys or hobbies and a fenced-in back yard to let the dog's play all on a large lot. Perfect for anyone, Perfect for you!

Last Agent to Sell the Property

Joan Small

ProFound Property Group LLC License #0225262989 Listed on: 11/07/2024

ProFound Property Group LLC

Last Buyer's Agent

Susan Shaban

United Real Estate Richmond License #0225261531

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1955

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Zoning described as R2

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • Driveway
  • Unpaved Parking

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Window Treatments
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Induction Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Front Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Water Heater

Community Details

  • Colonial Heights Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 4500-02-00-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,824

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Property Attached Yn: No
  • Lot Size Acres: 0.16
  • Ownership: Corporate
  • Subdivision Name: Colonial Heights
  • Architectural Style: Bungalow, Cottage, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooking, Electric Water Heater, Refrigerator, Range Hood, Smooth Cooktop, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen, Laminate Counters, Window Treatments
  • Living Area: 930.0
  • Stories: 1
  • Window Features: Thermal Windows, Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Mixed, Vinyl Siding
  • Exterior Features: Porch, Storage, Shed, Unpaved Driveway
  • Patio And Porch Features: Front Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage, Unpaved, Workshop in Garage

Utilities

  • Heating: Heat Pump, 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: Colonial Heights

Lot Info

  • Parcel Number: 4500-02-00-011
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1824.0
  • Tax Lot: 11

MLS Schools

  • Elementary School: Tussing
  • High School: Colonial Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Dec 6, 2024
Sold by
Imperial Llc Ps 507 Chestnut Ave
Bought by
Ross Sara and Russell Rodney
Seller's Agent
Joan Small
ProFound Property Group LLC
Buyer's Agent
Susan Shaban
United Real Estate Richmond
List Price
$229,900
Sold Price
$229,900
Views
27
Current Estimated Value
$228,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,840
Avg. Annual Appreciation
-0.91%
Original Mortgage
$222,227
Outstanding Balance
$220,456
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$7,604

Purchase Details

Closed on
Nov 3, 2023
Sold by
Ancient Capital Llc
Bought by
Imperial Llc Ps 507 Chestnut Ave

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $229,900 Atlantic Coast Settlement Serv
Bargain Sale Deed $229,900 Atlantic Coast Settlement Serv
Gift Deed -- Old Republic National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $222,227 FHA
Closed $222,227 FHA
Previous Owner $161,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Sold $229,900 0.0% $247 / Sq Ft
11/14/2024 11/14/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $229,900 -- $247 / 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 $1,824 $152,000 $48,000 $104,000
2024 $1,824 $152,000 $48,000 $104,000
2023 $1,498 $124,800 $40,000 $84,800
2022 $1,402 $124,800 $40,000 $84,800
2021 $653 $108,900 $36,000 $72,900
2020 $1,307 $108,900 $36,000 $72,900
2019 $1,200 $100,000 $32,500 $67,500
2018 $1,200 $100,000 $32,500 $67,500
2017 $1,159 $0 $0 $0
2016 $1,101 $96,600 $0 $0
2015 $576 $0 $0 $0
2014 $576 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 2428405

Central Virginia Regional MLS

APN: 4500-02-00-011