NOT LISTED FOR SALE

509 Gravatt Ave Hopewell, VA 23860

Estimated Value: $189,670 - $232,000

3 Beds
1 Bath
960 Sq Ft
$218/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $98,000 $102 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $1,244/month

About This Home

As of January 2014

RENOVATED HOME! Looking for something move in ready but trying not to break the bank? If so, then check out this like new classic rancher! Features include 3 bedrooms, refinished hardwood floors throughout, new paint, new vinyl siding, new thermal vinyl tilt in windows, new cabinets, new kitchen appliances, detached motorcycle garage/workshop, fenced in back yard, off street parking, covered front porch, central heat & air and much more! Just bring your furniture and get settled! Only minutes from Fort Lee and shopping!

Last Agent to Sell the Property

Troy Gibbs

EXP Realty LLC License #0225066390 Listed on: 10/21/2013

EXP Realty LLC

Co-Listed By

Johana Story

EXP Realty LLC License #0225176495

Last Buyer's Agent

Roberta Johnson

First Choice Realty License #0225177051

First Choice Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • 1954

Lot Details

  • 7,405

Home Design

  • Shingle Roof

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Property has 1 Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 038-0025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

1954

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 102.08
  • Finished Sq Ft: 960
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Appliances Equipment: Dryer, Electric Cooking, Microwave, Stove, Washer
  • Flooring: Tile-Ceramic, Wood
  • Interior: 1st Floor Bedroom, 1st Floor Master Bedroom, Ceiling Fan, Dryer Hookup, Dining Area, Washer Hookup, Workshop
  • Number of Rooms: 7
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Fence: Rear Only
  • Porch: Front
  • Exterior: Thermal Windows
  • Roof: Shingled
  • Siding: Vinyl

Garage/Parking

  • Garage Type: Detached, Workshop
  • Number Of Cars: 1
  • Parking: Off Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Hot Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Natural Gas

Schools

  • Elementary School: Harry James
  • Middle School: Carter G. Woodson
  • High School: Hopewell

Lot Info

  • Zoning: RA
  • Lot: 5
  • Parcel Number: 038-0025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2013
Closed on
Jan 27, 2014
Sold by
Waymack Mark B
Bought by
Jones Jermaine E
Seller's Agent
Troy Gibbs
EXP Realty LLC
Buyer's Agent
Roberta Johnson
First Choice Realty
List Price
$99,900
Sold Price
$98,000
Premium/Discount to List
-$1,900
-1.9%
Current Estimated Value
$209,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,668
Avg. Annual Appreciation
6.62%
Original Mortgage
$96,224
Outstanding Balance
$73,313
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$133,356

Purchase Details

Listed on
Oct 24, 2012
Closed on
Jun 28, 2013
Sold by
Scarborough Ann Shopshear
Bought by
Waymack Ii Mark Brian
Seller's Agent
Mary Jean Thomasson
Prince George Realty
Buyer's Agent
Brian Waymack
Prince George Realty
List Price
$85,000
Sold Price
$55,000
Premium/Discount to List
-$30,000
-35.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
170.72%
Original Mortgage
$64,700
Interest Rate
3.51%
Mortgage Type
Land Contract Argmt. Of Sale
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
Jones Jermaine E $98,000 --
Waymack Ii Mark Brian $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Jermane E $18,348
Open Waymack Ii Mark Brian $96,224
Previous Owner Waymack Ii Mark Brian $64,700
Previous Owner Shopshear Amanda Ellen $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2014 01/30/14 Sold $98,000 -1.9% $102 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
10/21/2013 10/21/13 For Sale $99,900 +81.6% $104 / Sq Ft
07/01/2013 07/01/13 Sold $55,000 -35.3% $53 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
10/24/2012 10/24/12 For Sale $85,000 -- $82 / 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 $1,526 $130,400 $21,100 $109,300
2024 $1,301 $111,200 $19,200 $92,000
2023 $1,257 $111,200 $19,200 $92,000
2022 $990 $87,600 $18,400 $69,200
2021 $990 $87,600 $18,400 $69,200
2020 $894 $79,100 $19,200 $59,900
2019 $894 $79,100 $19,200 $59,900
2018 $968 $85,700 $17,800 $67,900
2017 $968 $85,700 $17,800 $67,900
2016 $1,002 $88,700 $17,800 $70,900
2015 $1,002 $88,700 $17,800 $70,900
2014 $1,244 $74,700 $17,800 $56,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1327284

Central Virginia Regional MLS

APN: 038-0025