NOT LISTED FOR SALE

516 Miles Ave Hopewell, VA 23860

Estimated Value: $237,499 - $266,000

3 Beds
2 Baths
1,351 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $121,153 $90 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,500/month

10 Days on Market

Highlights

  • 0.53 Acre Lot
  • Wood Flooring
  • Cooling Available
  • Deck
  • 1.5 Car Detached Garage
  • Patio

About This Home

As of August 2019

Hard to beat deal here on Miles Ave... 3 bedrooms, 2 Full Baths, Large Living Room, Sunroom, Concrete Driveway, 1.5 Detached Garage, a LARGE fenced-in rear yard with beautiful grass, Deck, side porch, Patio....UNDER A $100,000 ----- WOW x 10 !!! Hard to Believe I know, but its true, really true.....

Last Agent to Sell the Property

Daniel Nieding

New Market Realty License #0225093722 Listed on: 07/08/2019

Last Buyer's Agent

Bobbi Peck

Ingram & Assoc Chester License #0225181639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,573

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 0.53 Acre Lot
  • Partially Fenced Property
  • Chain Link Fence
  • Level Lot
  • Zoning described as RA

Parking

  • 1.5 Car Detached Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,351 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Dupont Elementary School
  • Carter G. Woodson Middle School
  • Hopewell High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Community Details

  • Westwood Park Section 2 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Exclusions: 00000000000000000000
  • Tax Lot 2
  • Assessor Parcel Number 085-0270

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,573

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Property Attached Yn: No
  • Lot Size Acres: 0.5257
  • Water Body Name: 000
  • Exclusions: 00000000000000000000
  • Ownership: REO
  • Subdivision Name: Westwood Park Section 2
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1351.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Shingle
  • Fencing: Chain Link, Fenced, Partial
  • Lot Features: Level
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Drywall, Frame, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Driveway, Detached, Garage, Paved

Utilities

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

Schools

  • Middle Or Junior School: Carter G. Woodson

Lot Info

  • Parcel Number: 085-0270
  • Zoning Description: RA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1573.0
  • Tax Lot: 2

MLS Schools

  • Elementary School: Dupont
  • High School: Hopewell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2019
Closed on
Aug 14, 2019
Sold by
The Secretary Of Hud
Bought by
Allard Cheryl R
Seller's Agent
Daniel Nieding
New Market Realty
Buyer's Agent
Bobbi Peck
Ingram & Assoc Chester
List Price
$97,000
Sold Price
$121,153
Premium/Discount to List
$24,153
24.9%
Current Estimated Value
$250,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,222
Avg. Annual Appreciation
11.81%
Original Mortgage
$81,253
Outstanding Balance
$71,612
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$166,437

Purchase Details

Closed on
Apr 24, 2019
Sold by
Brian Dolan Law Offices Pllc
Bought by
The Secretary Of Hud

Purchase Details

Closed on
Jan 22, 2008
Sold by
Parr Kevin W and Parr Michael K
Bought by
Forren Roger L and Forren Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,883
Interest Rate
6.02%
Mortgage Type
FHA
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
Allard Cheryl R $121,253 West Hundred Title Co Llc
The Secretary Of Hud $133,604 None Available
Forren Roger L $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allard Cheryl R $81,253
Previous Owner Forren Roger L $157,883
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $121,153 +24.9% $90 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $97,000 -- $72 / 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 $1,995 $170,500 $33,300 $137,200
2024 $1,668 $142,600 $30,200 $112,400
2023 $1,611 $142,600 $30,200 $112,400
2022 $1,420 $125,700 $29,000 $96,700
2021 $1,420 $125,700 $29,000 $96,700
2020 $1,286 $113,800 $30,200 $83,600
2019 $303 $113,800 $30,200 $83,600
2018 $1,573 $139,200 $31,000 $108,200
2017 $1,573 $139,200 $31,000 $108,200
2016 $1,615 $142,900 $31,000 $111,900
2015 $1,615 $142,900 $31,000 $111,900
2014 $1,600 $144,100 $31,000 $113,100
Source: Public Records

Agents Affiliated with this Home

  • Daniel Nieding

    Seller's Agent in 2019

    Daniel Nieding

    New Market Realty

    (804) 873-5666

    2 in this area

    77 Total Sales

    Daniel Nieding
    Section Image
  • Bobbi Peck

    Buyer's Agent in 2019

    Bobbi Peck

    Ingram & Assoc Chester

    7 in this area

    35 Total Sales

    Bobbi Peck
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1922375

Central Virginia Regional MLS

APN: 085-0270

Virginia Hopewell City County Hopewell 23860

516 Miles Ave, Hopewell, VA

This home is located at 516 Miles Ave, Hopewell, VA 23860 since 08 July 2019 and is currently estimated at $250,375, approximately $185 per square foot. This property was built in 1949. 516 Miles Ave is a home located in Hopewell City with nearby schools including Carter G. Woodson Middle School, Hopewell High School, and West End Christian School.

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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