NOT LISTED FOR SALE

521 Mac Arthur Ave Colonial Heights, VA 23834

Estimated Value: $280,000 - $309,000

4 Beds
2 Baths
2,288 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 10, 2024

Last sale price $270,000 $118 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,825/month

6 Days on Market

About This Home

As of June 2024

Nestled on 521 Mac Arthur Ave in Colonial Heights City, this inviting split-level home, built in 1962, spans 1,144 sqft of living space. Set to feature a brand-new water heater, recent upgrades include plumbing enhancements in the kitchen, a new fridge, and a modern thermostat in the hallway. Electrical updates, including a new fuse box, ensure peace of mind. With a full basement and 4 bedrooms, this property accommodates families comfortably. Although HVAC servicing has been routine, the new water heater installation promises enhanced comfort and efficiency. Nearby, Colonial Heights City boasts excellent educational opportunities, with esteemed schools like North Elementary School, Colonial Heights Middle School, and Colonial Heights High School. Enjoy the convenience of nearby amenities, including shopping centers, dining options, parks, and recreational facilities, making Colonial Heights a vibrant and desirable community to call home.

Last Agent to Sell the Property

Derek Greene

The Greene Realty Group License #0225265075 Listed on: 04/01/2024

Last Buyer's Agent

Jamie Derricott

NextHome Advantage License #0225245009

NextHome Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1962

Lot Details

  • 10,454 Sq Ft Lot
  • Zoning described as R2

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • North Elementary School
  • Colonial Heights Middle School
  • Colonial Heights High School

Listing and Financial Details

  • Assessor Parcel Number 5400-02-0G-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,955

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1962
  • Property Attached Yn: No
  • Lot Size Acres: 0.24
  • Ownership: Other
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 2288.0
  • Architectural Style: Split-Foyer
  • Garage Yn: No
  • Unit Levels: Two, Multi/Split
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2288.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Brick, Other
  • Property Condition: Resale

Utilities

  • Heating: Other
  • Cooling: Other
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Middle Or Junior School: Colonial Heights

Lot Info

  • Parcel Number: 5400-02-0G-011
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1954.8

MLS Schools

  • Elementary School: North
  • High School: Colonial Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
Jun 7, 2024
Sold by
Hoover William and Hoover Kimberlane
Bought by
Derricott Elaine
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Jamie Derricott
NextHome Advantage
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Views
52
Current Estimated Value
$299,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,370
Avg. Annual Appreciation
5.07%
Original Mortgage
$9,450
Outstanding Balance
$5,871
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$281,218

Purchase Details

Closed on
Aug 31, 2017
Sold by
The Estate Of Marjorie Brockwell Potter
Bought by
Hoover Kimberlane and Hoover William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,428
Interest Rate
4.5%
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
Derricott Elaine $295,000 Old Republic National Title
Hoover Kimberlane $142,000 Xpress Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derricott Elaine $9,450
Open Derricott Elaine $265,109
Previous Owner Hoover Kimberlane $139,428
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2024 06/10/24 Sold $270,000 -5.3% $118 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $285,000 -- $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 $2,366 $197,200 $52,000 $145,200
2024 $2,366 $197,200 $52,000 $145,200
2023 $1,955 $162,900 $44,000 $118,900
2022 $1,818 $162,900 $44,000 $118,900
2021 $841 $140,100 $39,000 $101,100
2020 $1,681 $140,100 $39,000 $101,100
2019 $1,544 $128,700 $35,000 $93,700
2018 $1,544 $128,700 $35,000 $93,700
2017 $1,522 $0 $0 $0
2016 $1,446 $126,800 $0 $0
2015 $75 $0 $0 $0
2014 $75 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2408001

Central Virginia Regional MLS

APN: 5400020G011