NOT LISTED FOR SALE

516 Craigie Ave Richmond, VA 23222

Highland Park Neighborhood

Estimated Value: $151,000 - $226,000

2 Beds
1 Bath
720 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 09, 2013

Last sale price $28,150 $39 Per Sq Ft

Est. 604% increase in value since last sale

Current estimated payment $1,197/month

31 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Fireplace
  • Wood Siding
  • Open High School Rated A+
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of January 2013

Nice Home for a steal!! HUD Owned property in good conditon. HUD properties are offered for sale to qualified purchasers without regard to the prospective purchaser's race, color, religion, sex, disability, familial status, or national origin. Insured, no escrow.

Last Agent to Sell the Property

Raymond Caddell

Century 21 Ray Caddell & Assoc License #0225036919 Listed on: 10/30/2012

Last Buyer's Agent

Carl Granderson

United Real Estate Richmond License #0225037412

United Real Estate Richmond

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,934 Sq Ft Lot
  • Zoning described as R-5 SINGLE FAMILY

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • J. B. Stuart Elementary School
  • Chandler Middle School
  • John Marshall High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • Roslyn Heights Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 2
  • Assessor Parcel Number N0001046023

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Property Attached Yn: No
  • Lot Size Acres: 0.2051
  • Ownership: REO
  • Subdivision Name: Roslyn Heights
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 720.0
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Vinyl Siding, Wood Siding
  • Property Condition: Resale

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Chandler

Lot Info

  • Parcel Number: N0001046023
  • Zoning Description: R-5 SINGLE FAMILY

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 876.0
  • Tax Block: BC
  • Tax Lot: 2

MLS Schools

  • Elementary School: J. B. Stuart
  • High School: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Thompson Sr Timothy O
Bought by
Real Estate Couture Llc
Current Estimated Value
$198,252

Purchase Details

Listed on
Oct 30, 2012
Closed on
Feb 13, 2013
Sold by
Sarbo Robert
Bought by
Thompson Timothy O
Seller's Agent
Raymond Caddell
Century 21 Ray Caddell & Assoc
Buyer's Agent
Carl Granderson
United Real Estate Richmond
List Price
$24,000
Sold Price
$28,150
Premium/Discount to List
$4,150
17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%
Original Mortgage
$34,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2012
Closed on
Jan 11, 2013
Sold by
Secretary Of Housing And Urban
Bought by
Sarbo Robert
Seller's Agent
Raymond Caddell
Century 21 Ray Caddell & Assoc
Buyer's Agent
Carl Granderson
United Real Estate Richmond
List Price
$24,000
Sold Price
$28,150
Premium/Discount to List
$4,150
17.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2012
Sold by
Profl Foreclosure Corp Of Va
Bought by
Secy Of H U D
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 Buyer Sale Price Title Company
Real Estate Couture Llc $128,500 Old Republic National Title
Thompson Timothy O $67,000 --
Sarbo Robert $28,150 --
Secy Of H U D $45,926 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Timothy O $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2013 01/09/13 Sold $28,150 +17.3% $39 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $24,000 -- $33 / 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 $1,824 $152,000 $84,000 $68,000
2024 $1,728 $144,000 $78,000 $66,000
2023 $1,692 $141,000 $78,000 $63,000
2022 $1,212 $101,000 $47,000 $54,000
2021 $1,008 $87,000 $36,000 $51,000
2020 $1,008 $84,000 $36,000 $48,000
2019 $432 $72,000 $27,000 $45,000
2018 $828 $69,000 $27,000 $42,000
2017 $828 $69,000 $27,000 $42,000
2016 $804 $67,000 $25,000 $42,000
2015 $804 $67,000 $25,000 $42,000
2014 $804 $67,000 $25,000 $42,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Raymond Caddell

    Century 21 Ray Caddell & Assoc

  • Carl Granderson

    Buyer's Agent in 2013

    Carl Granderson

    United Real Estate Richmond

    (804) 221-6805

    51 Total Sales

    Carl Granderson
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Map

Source: Central Virginia Regional MLS

MLS Number: 1226684

Central Virginia Regional MLS

APN: N000-1046-023

Virginia Richmond City County Richmond 23222 Highland Park

516 Craigie Ave, Richmond, VA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Virginia Regional MLS All or a portion of th multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.

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