NOT LISTED FOR SALE

Estimated Value: $270,775 - $346,000

3 Beds
1.5 Baths
1,356 Sq Ft
$221/Sq Ft Est. Value

Last Sold February 01, 2016

Last sale price $72,850 $54 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $1,794/month

32 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Ceiling Fan
  • Wood Flooring
  • Recessed Lighting
  • Level Lot

About This Home

As of February 2016

This home is located at 507 Meadowspring Rd, Richmond, VA 23223 since 04 December 2015 and is currently estimated at $299,444, approximately $220 per square foot. This property was built in 1963. 507 Meadowspring Rd is a home located in Henrico County with nearby schools including Adams Elementary School, John Rolfe Middle School, and Varina High School.

Last Agent to Sell the Property

Daniel Nieding

New Market Realty License #0225093722 Listed on: 12/04/2015

Last Buyer's Agent

Woody Hogg

ERA Woody Hogg & Assoc License #0225108938

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1963

Lot Details

  • 0.41 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Zoning described as R-3

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Hardboard

Interior Spaces

  • 1,356 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Deck

Schools

  • Adams Elementary School
  • Fairfield Middle School
  • Highland Springs

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Water Heater

Community Details

  • Hechler Village Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 5
  • Assessor Parcel Number 810-720-9777

Home Details

Home Type

Single Family

Est. Annual Taxes

$909

Year Built

Built in 1963

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1963
  • Property Attached Yn: No
  • Lot Size Acres: 0.405
  • Lot Size: 17,641 sq.ft.per tax
  • Exclusions: NONE
  • Ownership: REO
  • Subdivision Name: Hechler Village
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Linoleum, Partially Carpeted, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Recessed Lighting
  • Living Area: 1356.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Chain Link
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick, Frame, Hardboard
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Oil, Radiant
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Fairfield

Lot Info

  • Parcel Number: 810-720-9777
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 909.15
  • Tax Lot: 5

MLS Schools

  • Elementary School: Adams
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2016
Sold by
Oakleigh Properties Llc A Virginia Limit
Bought by
Henderson Latoria Denise
Current Estimated Value
$299,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Outstanding Balance
$116,451
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$182,993

Purchase Details

Listed on
Dec 4, 2015
Closed on
Jan 28, 2016
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Oakleigh Properties Llc A Virginia Limit
Seller's Agent
Daniel Nieding
New Market Realty
Buyer's Agent
Woody Hogg
ERA Woody Hogg & Assoc
List Price
$77,300
Sold Price
$72,850
Premium/Discount to List
-$4,450
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%

Purchase Details

Closed on
Apr 11, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
The Secretary Of Housing And Urban Devel

Purchase Details

Closed on
Feb 27, 2013
Sold by
Equity Trustees Sub Tr
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jun 22, 2006
Sold by
Mashore Lola L
Bought by
Cox Milton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Hud & Housing Of Urban Development
Bought by
Mashore Lola L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 2001
Sold by
Thomas-Worsham Bessie
Bought by
Housing/Urban Dev Sec

Purchase Details

Closed on
May 20, 1998
Bought by
Thomas-Worsham Bessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,550
Interest Rate
7.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Henderson Latoria Denise $150,000 Chicago Title
Oakleigh Properties Llc A Virginia Limit $72,850 Fidelity National
The Secretary Of Housing And Urban Devel $165,089 Attorney
Jpmorgan Chase Bank Na $165,090 --
Cox Milton L $147,500 --
Mashore Lola L $75,000 --
Housing/Urban Dev Sec $86,441 --
Thomas-Worsham Bessie $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Latoria Denise $147,283
Previous Owner Cox Milton L $118,000
Previous Owner Thomas-Worsham Bessie $78,500
Previous Owner Thomas-Worsham Bessie $73,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2016 02/01/16 Sold $72,850 -5.8% $54 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $77,300 -- $57 / 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 $2,623 $276,000 $46,000 $230,000
2024 $2,623 $276,000 $46,000 $230,000
2023 $2,346 $276,000 $46,000 $230,000
2022 $2,048 $240,900 $44,000 $196,900
2021 $1,685 $179,900 $40,000 $139,900
2020 $1,565 $179,900 $40,000 $139,900
2019 $1,482 $170,300 $40,000 $130,300
2018 $1,442 $165,800 $38,000 $127,800
2017 $1,289 $148,200 $34,000 $114,200
2016 $909 $104,500 $34,000 $70,500
2015 $909 $104,500 $34,000 $70,500
2014 $909 $104,500 $34,000 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1531426

Central Virginia Regional MLS

APN: 810-720-9777

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