NOT LISTED FOR SALE

516 Ridge Top Rd Henrico, VA 23229

Estimated Value: $845,000 - $1,132,000

4 Beds
3 Baths
3,344 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $541,000 $162 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,631/month

7 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Douglas S. Freeman High School Rated A-
  • 2 Fireplaces
  • Built-In Double Oven

About This Home

As of April 2020

ONE LEVEL LIVING in a PRIME LOCATION. This spacious, 4 BR brick rancher with a slate roof is located in the established College Hills neighborhood. Convenient to shopping, restaurants and I-64, its retro vibe sports Fresh paint and Beautiful Hardwoods throughout the first floor. The Formal Living Room has crown molding, a triple window, a wood burning fireplace with a decorative mantle with dental molding, a tile hearth and surround and a custom FP screen with brass trim. The Dining room has a NEW chandelier and wonderfully preserved original wall paper. The Sunroom's three walls of casement windows with blinds and white paneling is bright and sunny! The Kitchen has ample cabinetry, subway tile, a NEW smooth cooktop & a pass through window to the Sunroom. The HUGE finished walk-out basement (30'x29') has ALL NEW wall to wall carpet, plus an entire wall of built in base cabinets with book shelves and a wood burning fireplace. The Rec Room opens onto a covered patio and a fenced in backyard. This home has lots of room for outside playing! There is even a spacious Laundry Room that would make an awesome drop zone! Check out the video - then decide to make it yours!

Last Agent to Sell the Property

Leigh Hulcher

Napier REALTORS ERA License #0225032301 Listed on: 03/02/2020

Napier REALTORS ERA

Co-Listed By

Kate Gareau

Century 21 Adventure Redwood License #0225226716

Last Buyer's Agent

Chris Woods

Chris Woods Realty & Assoc LLC License #0225199925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1957

Lot Details

  • 0.34 Acre Lot
  • Chain Link Fence
  • Back Yard Fenced
  • Zoning described as R3

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slate Roof
  • Plaster

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Separate Formal Living Room
  • Partially Finished Basement
  • Walk-Out Basement
  • Storm Windows
  • Washer and Dryer Hookup

Kitchen

  • Built-In Double Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Schools

  • Tuckahoe Elementary And Middle School
  • Freeman High School

Utilities

  • Window Unit Cooling System
  • Central Air
  • Radiator
  • Heating System Uses Oil
  • Baseboard Heating
  • Water Heater

Community Details

  • College Hills Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 761-738-6937

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,828

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1957
  • Property Attached Yn: No
  • Lot Size Acres: 0.3358
  • Co List Office Mls Id: NAPI02
  • Co List Office Phone: 804-747-7653
  • Ownership: Individuals
  • Subdivision Name: College Hills
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 854.0
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Basement: Partially Finished, Walk-Out Access
  • Appliances: Built-In Oven, Double Oven, Dishwasher, Electric Cooking, Microwave, Refrigerator, Smooth Cooktop, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1146.0
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bookcases, Built-in Features, Separate/Formal Dining Room, Bath in Primary Bedroom, Main Level Primary
  • Living Area: 3344.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Roof: Slate
  • Fencing: Back Yard, Chain Link, Fenced
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall, Mixed, Plaster
  • Exterior Features: Paved Driveway
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Basement, Driveway, Garage, Off Street, Oversized, Paved

Utilities

  • Heating: Baseboard, Oil, Radiator(s)
  • Cooling: Central Air, Window Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Tuckahoe

Lot Info

  • Parcel Number: 761-738-6937
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3828.0
  • Tax Lot: 9

MLS Schools

  • Elementary School: Tuckahoe
  • High School: Freeman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Mar 17, 2020
Sold by
Regan Peggy Gibson
Bought by
Jones Andrew L and Jones Sarah Barr
Seller's Agent
Leigh Hulcher
Napier REALTORS ERA
Buyer's Agent
Chris Woods
Chris Woods Realty & Assoc LLC
List Price
$495,000
Sold Price
$541,000
Premium/Discount to List
$46,000
9.29%
Current Estimated Value
$954,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,636
Avg. Annual Appreciation
11.56%
Original Mortgage
$360,000
Outstanding Balance
$320,983
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$653,626

Purchase Details

Closed on
Jun 1, 2018
Sold by
Regan Peggy Gibson
Bought by
Regan Elizabeth Garner and The Peggy Gibson Regan Revocable Trust D
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
Jones Andrew L $541,000 Attorney
Regan Elizabeth Garner -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Andrew L $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $541,000 +9.3% $162 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $495,000 -- $148 / 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 $6,775 $724,900 $175,000 $549,900
2024 $6,775 $709,400 $175,000 $534,400
2023 $6,030 $709,400 $175,000 $534,400
2022 $5,085 $598,200 $150,000 $448,200
2021 $4,661 $484,400 $120,000 $364,400
2020 $4,214 $484,400 $120,000 $364,400
2019 $3,828 $440,000 $98,000 $342,000
2018 $3,794 $436,100 $96,000 $340,100
2017 $3,675 $422,400 $88,500 $333,900
2016 $3,407 $391,600 $84,500 $307,100
2015 $2,924 $373,100 $84,500 $288,600
2014 $2,924 $336,100 $77,000 $259,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2003517

Central Virginia Regional MLS

APN: 761-738-6937