NOT LISTED FOR SALE

Estimated Value: $539,879 - $622,000

3 Beds
2.5 Baths
2,288 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 19, 2019

Last sale price $345,000 $151 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,524/month

3 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • High Ceiling
  • Open High School Rated A+
  • Separate Formal Living Room
  • Eat-In Kitchen

About This Home

As of June 2019

Welcome to 516 Chimborazo, a gorgeous Victorian featuring 3 bedrooms, 2.5 baths and just under 2,300SF of living space with an office or nursery. Enjoy tons of fabulous features to include 9' ceilings on both 1st and 2nd Floors, Heart of Pine Floors in throughout, oversized trim and original doors throughout, 2 private covered side balconies, HVAC replaced 2018, newer roof in 2016, fresh interior paint and more!! Stately foyer spans from the front door to the kitchen and opens to the front and middle parlor. Front parlor features a bay window, double mantle with mirror, pocket doors open to the middle parlor also featuring an original mantle and plenty of living space. Nice sized laundry room with linen closet and plenty of extra storage! Huge kitchen features tile floors, island, SS Appliances, eat in area, granite counter tops and pantry!!! Walk out onto the rear deck and enjoy the privacy fenced rear yard with alley access or walk out onto the private 1st floor covered balcony! Spacious master bedroom with ceiling fan. walk in closet and oversized vanity!! Great sized 2nd and 3rd bedrooms also feature good closet space, ceiling fans and heart of pine floors!!

Last Agent to Sell the Property

Matt Jarreau

Hometown Realty License #0225175691 Listed on: 05/01/2019

Last Buyer's Agent

David Cooke

Long & Foster REALTORS License #0225210410

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1910

Lot Details

  • 2,905 Sq Ft Lot
  • Zoning described as R-8

Home Design

  • Victorian Architecture
  • Frame Construction
  • Pitched Roof
  • Rubber Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Ventless Fireplace
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Schools

  • Chimborazo Elementary School
  • Martin Luther King Jr. Middle School
  • Armstrong High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number E000-0883-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1910
  • Property Attached Yn: No
  • Lot Size Acres: 0.0667
  • Ownership: Individuals
  • Subdivision Name: None
  • Architectural Style: Two Story, Victorian
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Wood
  • Basement: Crawl Space
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry, Ventless
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Pantry, Recessed Lighting, Cable TV, Walk-In Closet(s)
  • Living Area: 2288.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Pitched, Rubber
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Property Condition: Resale

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Martin Luther King Jr.

Lot Info

  • Parcel Number: E000-0883-005
  • Zoning Description: R-8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2086.0

MLS Schools

  • Elementary School: Chimborazo
  • High School: Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Feb 22, 2017
Sold by
Hollar Eileen M
Bought by
Price Eric and Price Joy
Seller's Agent
Matt Jarreau
Hometown Realty
Buyer's Agent
Kong Nou
The Steele Group
List Price
$284,950
Sold Price
$300,000
Premium/Discount to List
$15,050
5.28%
Current Estimated Value
$572,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,970
Avg. Annual Appreciation
7.79%
Original Mortgage
$294,566
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2015
Sold by
Hudson Eileen M
Bought by
Hollar Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2010
Sold by
Carmel Properties Llc
Bought by
Hudson Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,854
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2010
Sold by
Jpmorgan Chase Bank
Bought by
Carmel Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,854
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2010
Sold by
Professional Foreclosure Corp
Bought by
Jpmorgan Chase Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,900
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2007
Sold by
Sims Charles E
Bought by
Furrow Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,010
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Obrien Joseph T
Bought by
Sims Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,100
Interest Rate
6.42%
Mortgage Type
Construction
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
Price Eric $300,000 Attorney
Hollar Eileen M -- --
Hudson Eileen M $172,000 --
Carmel Properties Llc $98,900 --
Jpmorgan Chase Bank $285,996 --
Furrow Franklin $358,900 --
Sims Charles E $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Eric $294,566
Previous Owner Hollar Eileen M $175,500
Previous Owner Hudson Eileen M $168,854
Previous Owner Carmel Properties Llc $113,900
Previous Owner Furrow Franklin $323,010
Previous Owner Sims Charles E $244,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2019 06/19/19 Sold $345,000 +1.5% $151 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $340,000 +13.3% $149 / Sq Ft
03/03/2017 03/03/17 Sold $300,000 +5.3% $131 / Sq Ft View Prior Sale
01/29/2017 01/29/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $284,950 -- $125 / 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 $5,796 $483,000 $105,000 $378,000
2024 $5,448 $454,000 $85,000 $369,000
2023 $5,268 $439,000 $85,000 $354,000
2022 $4,824 $402,000 $65,000 $337,000
2021 $4,068 $347,000 $55,000 $292,000
2020 $3,461 $339,000 $55,000 $284,000
2019 $2,605 $293,000 $40,000 $253,000
2018 $2,086 $275,000 $30,000 $245,000
2017 $2,736 $228,000 $30,000 $198,000
2016 $1,626 $228,000 $30,000 $198,000
2015 $1,506 $224,000 $20,000 $204,000
2014 $1,506 $224,000 $20,000 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1913899

Central Virginia Regional MLS

APN: E000-0883-005