NOT LISTED FOR SALE

512 Craig Ave Richmond, VA 23222

Estimated Value: $263,000 - $359,000

4 Beds
2 Baths
2,260 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $236,000 $104 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,993/month

5 Days on Market

Highlights

  • Deck
  • Bay Window
  • Patio
  • Solid Surface Countertops
  • Walk-In Closet
  • Recessed Lighting

About This Home

As of January 2021

Come tour this freshly renovated, all-brick home and you will be wowed by all the updates and space (2,260 sq. ft.)! Situated at the end of a cul-de-sac in Henrico, 512 Craig Ave. has been remodeled with today's living in mind. The main floor features a new open-concept kitchen and living room, three bedrooms, and a full bathroom with W/D hookups. Off the kitchen step out onto the covered deck, or head downstairs into the full, finished, walk-out basement! Downstairs is home to a rec room with additional kitchen, two more spacious rooms with walk-in closets, a second full bathroom, and laundry closet with W/D. NEW: Roof, two AC/heat pump units, water heater, replacement windows, recessed lights, doors, flooring, and paint throughout. The entry ramp can stay or be removed if preferred. Thanks for looking!

Last Agent to Sell the Property

Robert Walker

Long & Foster REALTORS License #0225241611 Listed on: 12/15/2020

Long & Foster REALTORS

Last Buyer's Agent

Justin Ellis

Real Broker LLC License #0225224563

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1959

Lot Details

  • 0.35 Acre Lot
  • Zoning described as R3

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,260 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Bay Window
  • Laminate Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stacked Washer and Dryer

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Patio

Schools

  • Laburnum Elementary School
  • Douglas Wilder Middle School
  • Henrico High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Water Heater

Community Details

  • Confederate Heights Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 793-741-4634

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,104

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1959
  • Property Attached Yn: No
  • Lot Size Acres: 0.354
  • Ownership: Individuals
  • Subdivision Name: Confederate Heights
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Basement: Full, Finished
  • Appliances: Dryer, Dishwasher, Electric Cooking, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Accessibility Features: Accessible Approach with Ramp
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1130.0
  • Interior Amenities: Bedroom on Main Level, Bay Window, Recessed Lighting, Solid Surface Counters, Walk-In Closet(s)
  • Living Area: 2260.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Douglas Wilder

Lot Info

  • Parcel Number: 793-741-4634
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1104.0
  • Tax Lot: 36

MLS Schools

  • Elementary School: Laburnum
  • High School: Henrico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 14, 2021
Sold by
Minor Eric E
Bought by
Berhe Seyoum and Zeleke Lemlem
Seller's Agent
Robert Walker
Long & Foster REALTORS
Buyer's Agent
Justin Ellis
Real Broker LLC
List Price
$225,000
Sold Price
$236,000
Premium/Discount to List
$11,000
4.89%
Current Estimated Value
$324,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,886
Avg. Annual Appreciation
6.29%
Original Mortgage
$188,800
Outstanding Balance
$170,041
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$141,703

Purchase Details

Closed on
May 12, 2019
Sold by
The Last Will And Testament Of Sadie R M
Bought by
Minor Eric E
Source: Public Records

Range of Values:

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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
Berhe Seyoum $236,000 Attorney
Minor Eric E $25,000 Old Dominion Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berhe Seyoum $188,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $236,000 +4.9% $104 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $225,000 -- $100 / 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 $2,568 $275,300 $32,000 $243,300
2024 $2,568 $268,600 $32,000 $236,600
2023 $2,310 $268,600 $32,000 $236,600
2022 $2,074 $241,200 $30,000 $211,200
2021 $1,114 $125,500 $25,000 $100,500
2020 $1,104 $125,500 $25,000 $100,500
2019 $1,083 $123,100 $25,000 $98,100
2018 $1,044 $118,600 $24,000 $94,600
2017 $995 $113,100 $22,000 $91,100
2016 $995 $113,100 $22,000 $91,100
2015 $995 $113,100 $22,000 $91,100
2014 $995 $113,100 $22,000 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2036311

Central Virginia Regional MLS

APN: 793-741-4634