NOT LISTED FOR SALE

515 E Read St Henrico, VA 23075

Estimated Value: $195,000 - $218,000

2 Beds
1 Bath
828 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 24, 2013

Last sale price $55,000 $66 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $1,225/month

About This Home

As of January 2013

Cape style home with potential seperate apartment! Improvements include vinyl siding, replacement windows, newer roof and heat pump/ central air! Hardwood floors! Enclosed back porch! Entire yard fenced except for parking area! Lots of unfinished space upstairs! 18 x 20 outbuilding has been used as apartment in the past and has a living room, bathroom, bedroom and kitchen area (Plumbing not working. Drains to old septic system). Workshop, 3 sheds and more. So convenient to schools, bus line, shopping and airport! One year warranty. Priced to allow for needed improvement.

Last Agent to Sell the Property

Chad Seay

Seay Real Estate License #0225043676 Listed on: 11/05/2012

Last Buyer's Agent

Ginger Sullivan

Resource Realty Services License #0225038855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,672

Year Built

  • 1946

Lot Details

  • 8,276

Home Design

  • Composition Roof

Interior Spaces

  • Property has 1 Level

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 823-722-3149

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,672

Year Built

1946

Lot Details

0

Listing Details

  • Structure: Frame
  • Price Per Finished Sq Ft: 66.42
  • Finished Sq Ft: 828
  • Home Warranty: 1 Yr 2-10
  • Unfished Sq Ft: 1172
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Flooring: Wood, Carpet-W-W, Vinyl
  • Number of Rooms: 9
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Level 1 Full Bathrooms: 1
  • Full Bath Level 1 Description: Tub & Shower
  • Basement Type: Crawl Space
  • Attic: Pull Down
  • Number Of Levels: 1.00

Exterior Features

  • Fence: Chain Link, All Fenced
  • Porch: Rear, Glass
  • Exterior: Thermal Windows
  • Roof: Composition
  • Siding: Vinyl

Garage/Parking

  • Parking: Off Street, On Street

Utilities

  • Heating Fuel: Electric
  • Heating: Heat Pump
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water: Public Water

Lot Info

  • Zoning: R-4
  • Lot: 51
  • Lot Description: Level
  • Parcel Number: 823-722-3149

Multi Family

  • Attachment Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2012
Closed on
Jan 16, 2013
Sold by
Yates John D
Bought by
Lynn Eric A
Seller's Agent
Chad Seay
Seay Real Estate
Buyer's Agent
Ginger Sullivan
Resource Realty Services
List Price
$69,950
Sold Price
$55,000
Premium/Discount to List
-$14,950
-21.37%
Current Estimated Value
$206,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,026
Avg. Annual Appreciation
10.90%
Original Mortgage
$44,000
Outstanding Balance
$30,565
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$175,461
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
Lynn Eric A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Eric A $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2013 01/24/13 Sold $55,000 -21.4% $66 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
11/05/2012 11/05/12 For Sale $69,950 -- $84 / 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 $1,672 $179,000 $29,900 $149,100
2024 $1,672 $165,500 $27,600 $137,900
2023 $1,423 $165,500 $27,600 $137,900
2022 $1,202 $143,100 $27,600 $115,500
2021 $1,136 $118,700 $22,100 $96,600
2020 $1,045 $118,700 $22,100 $96,600
2019 $1,024 $116,400 $19,800 $96,600
2018 $834 $103,800 $19,800 $84,000
2017 $779 $94,800 $19,800 $75,000
2016 $779 $88,500 $19,800 $68,700
2015 $764 $86,800 $23,500 $63,300
2014 $764 $86,800 $23,500 $63,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1227418

Central Virginia Regional MLS

APN: 823-722-3149