NOT LISTED FOR SALE

514 E Read St Henrico, VA 23075

Estimated Value: $179,000 - $250,000

2 Beds
1 Bath
868 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $180,000 $207 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,222/month

2 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Built-In Features
  • Separate Formal Living Room
  • Side Porch
  • Shed

About This Home

As of June 2024

Terrific investment opportunity in Highland Springs. Convenient location off of Nine Mile Road. Some of the updates have been done for you. Windows have been updated. Home has vinyl siding. Bathroom has been updated with spacious shower, newer raised vanity, newer tile floors, and cute bead board trim. Kitchen is spacious with lots of cabinet space and stainless range. Family room is filled with natural light and opens to side porch. Cute arched doorway to dining room. Dining room is elegant with chair molding and hardwood floors. Primary bedroom is spacious with two closets and hardwood floors. 2nd bedroom also had hardwoods. Large laundry room. Backyard has tons of opportunity to enjoy the outdoors and fenced in. Side porch has tons of potential...just needs a new screen and some repairs. This is your opportunity. Perfect to flip and hold as a rental property.

Last Agent to Sell the Property

Ann Mitchell

The Kerzanet Group LLC License #0225221687 Listed on: 05/10/2024

Last Buyer's Agent

Joseph Dalton

Dalton Realty License #0225265768

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1947

Lot Details

  • 8,686 Sq Ft Lot
  • Partially Fenced Property
  • Zoning described as R4

Home Design

  • Cottage
  • Bungalow
  • Fire Rated Drywall
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Separate Formal Living Room
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Induction Cooktop
  • Stove
  • Laminate Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Shed
  • Side Porch

Schools

  • Fair Oaks Elementary School
  • Elko Middle School
  • Highland Springs

Utilities

  • Central Air
  • Heating Available
  • Water Heater

Community Details

  • Highland Terrace Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 823-722-4562

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,286

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1947
  • Property Attached Yn: No
  • Lot Size Acres: 0.1994
  • Ownership: Individuals
  • Subdivision Name: Highland Terrace
  • Above Grade Finished Sq Ft: 868.0
  • Architectural Style: Bungalow, Cottage
  • 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: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Cooking, Electric Water Heater, Smooth Cooktop, Stove
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Bookcases, Built-in Features, Bedroom on Main Level, Ceiling Fan(s), Separate/Formal Dining Room, Laminate Counters, Main Level Primary
  • Living Area: 868.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Partial
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Drywall, Vinyl Siding
  • Exterior Features: Porch, Storage, Shed, Unpaved Driveway
  • Patio And Porch Features: Side Porch, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric
  • 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: Elko

Lot Info

  • Parcel Number: 823-722-4562
  • Zoning Description: R4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1285.72
  • Tax Lot: 37

MLS Schools

  • Elementary School: Fair Oaks
  • High School: Highland Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 18, 2024
Sold by
Main Darrell B
Bought by
Wilson Casey B and Wilson Lauren V
Seller's Agent
Ann Mitchell
The Kerzanet Group LLC
Buyer's Agent
Joseph Dalton
Dalton Realty
List Price
$180,000
Sold Price
$180,000
Views
17
Current Estimated Value
$207,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,486
Avg. Annual Appreciation
10.53%
Original Mortgage
$135,000
Outstanding Balance
$133,300
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$74,186

Purchase Details

Closed on
Sep 23, 2002
Sold by
Robbins William R
Bought by
Main Darrell B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,908
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 1996
Sold by
Robbins Robbins H and Robbins Bettie J
Bought by
Robbins William R and Robbins Laura O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

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Average Value
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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
Wilson Casey B $180,000 None Listed On Document
Main Darrell B $75,500 --
Robbins William R $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Casey B $135,000
Previous Owner Robbins William R $74,908
Previous Owner Robbins William R $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $180,000 0.0% $207 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $180,000 -- $207 / 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 $1,541 $162,500 $29,900 $132,600
2024 $1,541 $149,500 $27,600 $121,900
2023 $1,286 $149,500 $27,600 $121,900
2022 $1,054 $128,500 $27,600 $100,900
2021 $1,012 $104,900 $22,100 $82,800
2020 $923 $104,900 $22,100 $82,800
2019 $903 $102,600 $19,800 $82,800
2018 $804 $91,400 $19,800 $71,600
2017 $728 $82,700 $19,800 $62,900
2016 $674 $76,600 $19,800 $56,800
2015 $660 $75,000 $23,500 $51,500
2014 $660 $75,000 $23,500 $51,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2411946

Central Virginia Regional MLS

APN: 823-722-4562