$335,000
SOLD APR 22, 2025
3 Beds
1.5 Baths
1,363 Sq Ft
3,450 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Open High School Rated A+
  • Carpet

About This Home

As of April 2025

Nestled in a prime location, 515 Catherine St offers incredible potential for savvy investors. This 3-bedroom, 1-bathroom property is the sister property to 513 Catherine St, with similar renovation potential to transform it into a 4-bedroom, 4-bathroom layout, maximizing rental income and market value. Currently rented for $2,196/month with no vacancies in 5 years, this property is a reliable income producer. While not as updated as its sister property, its charm and functionality make it a solid investment. With a spacious shared backyard, there’s ample room to expand the property or enhance parking—a feature already setting this home apart in the area. This is your chance to secure a valuable asset at an attractive price point. Investors can capitalize on the potential to increase rents significantly through thoughtful renovations, following the model of 513 Catherine St. Tenants require atleast 24 hours notice to show please

Last Agent to Sell the Property

Miles Agee

Long & Foster REALTORS Brokerage Phone: (804) 418-9864 License #0225249973 Listed on: 01/23/2025

Long & Foster REALTORS

Last Buyer's Agent

Miles Agee

Long & Foster REALTORS Brokerage Phone: (804) 418-9864 License #0225249973 Listed on: 01/23/2025

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1990

Lot Details

  • 3,450 Sq Ft Lot
  • Property fronts an alley
  • Zoning described as R-6

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,363 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Carver Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • The community has rules related to allowing corporate owners

Listing and Financial Details

  • Assessor Parcel Number N000-0242-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,720

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Property Attached Yn: No
  • Attribution Contact: (804) 418-9864
  • Lot Size Acres: 0.0792
  • Ownership: Corporate
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1363.0
  • Architectural Style: Two Story
  • Garage Yn: No
  • Unit Levels: Two and One Half
  • New Construction: No
  • Year Built Details: Unknown
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1363.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Frame, Vinyl Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Alley Access, Off Street

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: N000-0242-004
  • Zoning Description: R-6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3720.0

MLS Schools

  • Elementary School: Carver
  • High School: Thomas Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Mar 31, 2025
Sold by
513 Catherine St Llc
Bought by
Charlet John Rother and Charlet Samantha T
Seller's Agent
Miles Agee
Long & Foster REALTORS
Buyer's Agent
Miles Agee
Long & Foster REALTORS
List Price
$349,945
Sold Price
$335,000
Premium/Discount to List
-$14,945
-4.27%
Views
50
Current Estimated Value
$348,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,147
Avg. Annual Appreciation
5.65%
Original Mortgage
$268,000
Outstanding Balance
$266,806
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$81,341

Purchase Details

Closed on
Aug 22, 2019
Sold by
Siek Sydney and Siek Sina
Bought by
513 Catherine St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2019
Sold by
Coleman Lowell
Bought by
Siek Sadney and Siek Sina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2007
Sold by
Brown Floyd
Bought by
Coleman Lowell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed $335,000 Fidelity National Title
Gift Deed -- None Available
Warranty Deed $204,000 Attorney
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $268,000 New Conventional
Previous Owner $163,200 New Conventional
Previous Owner $127,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2025 04/22/25 Sold $335,000 -4.3% $246 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $349,945 -- $257 / 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 $3,840 $320,000 $105,000 $215,000
2024 $3,720 $310,000 $98,000 $212,000
2023 $3,360 $280,000 $75,000 $205,000
2022 $2,880 $240,000 $65,000 $175,000
2021 $2,004 $210,000 $55,000 $155,000
2020 $2,004 $167,000 $55,000 $112,000
2019 $1,884 $157,000 $55,000 $102,000
2018 $1,656 $138,000 $44,000 $94,000
2017 $1,548 $129,000 $44,000 $85,000
2016 $1,488 $124,000 $44,000 $80,000
2015 $1,716 $121,000 $44,000 $77,000
2014 $1,716 $143,000 $41,000 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2501870

Central Virginia Regional MLS

APN: N000-0242-004