NOT LISTED FOR SALE

507 E Read St Henrico, VA 23075

Estimated Value: $213,000 - $249,000

3 Beds
2 Baths
1,152 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $55,000 $48 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $1,363/month

About This Home

As of December 2012

Rancher with 3 bedrooms and 2 baths, space for dining room or office off the kitchen. Central Air, ceiling fans, wood floors with carpet over. All appliances convey as-is. Some replacement windows. new tub and wall in one bathroom. Needs some cosmetic TLC. Not a short sale, so you can get a quick response!

Last Agent to Sell the Property

Carl Shawler

Groome Brothers Realty Co License #0225039644 Listed on: 04/10/2012

Last Buyer's Agent

Ginger Sullivan

Resource Realty Services License #0225038855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,723

Year Built

  • 1946

Lot Details

  • 7,841

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 823-722-1588

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,723

Year Built

1946

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 47.74
  • Finished Sq Ft: 1152
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Number of Rooms: 5
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Level 1 Full Bathrooms: 2
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Roof: Composition
  • Siding: Aluminum

Utilities

  • Heating Fuel: Electric, Oil
  • Heating: Baseboard, Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Zoning: R-4
  • Lot: 47
  • Parcel Number: 823-722-1588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2012
Closed on
Nov 21, 2012
Sold by
Cannon Mary A
Bought by
Lynn Eric A
Seller's Agent
Carl Shawler
Groome Brothers Realty Co
Buyer's Agent
Ginger Sullivan
Resource Realty Services
List Price
$80,000
Sold Price
$55,000
Premium/Discount to List
-$25,000
-31.25%
Current Estimated Value
$231,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,292
Avg. Annual Appreciation
11.72%
Original Mortgage
$44,000
Outstanding Balance
$30,505
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$200,787
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
Lynn Eric A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Eric A $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2012 12/07/12 Sold $55,000 -31.3% $48 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
04/10/2012 04/10/12 For Sale $80,000 -- $69 / 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 $1,723 $183,600 $29,900 $153,700
2024 $1,723 $168,900 $27,600 $141,300
2023 $1,453 $168,900 $27,600 $141,300
2022 $1,217 $144,900 $27,600 $117,300
2021 $1,141 $118,300 $22,100 $96,200
2020 $1,041 $118,300 $22,100 $96,200
2019 $1,021 $116,000 $19,800 $96,200
2018 $810 $102,000 $19,800 $82,200
2017 $748 $92,000 $19,800 $72,200
2016 $748 $85,000 $19,800 $65,200
2015 $727 $82,600 $23,500 $59,100
2014 $727 $82,600 $23,500 $59,100
Source: Public Records

Agents Affiliated with this Home

  • Carl Shawler

    Seller's Agent in 2012

    Carl Shawler

    Groome Brothers Realty Co

    (804) 690-6059

    7 in this area

    36 Total Sales

    Carl Shawler
    Section Image

  • G

    Buyer's Agent in 2012

    Ginger Sullivan

    Resource Realty Services

    6 Total Sales

    Ginger Sullivan
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1209571

Central Virginia Regional MLS

APN: 823-722-1568

Virginia Henrico County Henrico 23075

507 E Read St, Henrico, VA

Not Listed for Sale

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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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