NOT LISTED FOR SALE

524 Floral Ave Colonial Heights, VA 23834

Estimated Value: $222,000 - $253,332

3 Beds
1.5 Baths
1,309 Sq Ft
$180/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $230,000 $176 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,485/month

31 Days on Market

Highlights

  • Guest House
  • Main Floor Bedroom
  • Zoned Heating and Cooling
  • Wood Flooring

About This Home

As of December 2024

Tremendous Investment Opportunity! Main house features an all brick home with 3 bedroom, 1.1 bath, 1309 sqft of living space. The guest house has 450+ sqft with 1 bedroom, 1 full bath, kitchen, and living area. Both have off street parking and their own electrical/water meters. Come check out this great opportunity, it will not last long

Last Agent to Sell the Property

Jon Gates

EXP Realty LLC License #0225236033 Listed on: 11/08/2024

EXP Realty LLC

Last Buyer's Agent

Jon Gates

EXP Realty LLC License #0225236033 Listed on: 11/08/2024

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,186

Year Built

  • Built in 1953

Lot Details

  • 6,098 Sq Ft Lot
  • Zoning described as R2

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,309 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Unfinished Basement
  • Walk-Out Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Additional Homes

  • Guest House

Schools

  • Lakeview Elementary School
  • Colonial Heights Middle School
  • Colonial Heights High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 4300-05-00-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,186

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1953
  • Property Attached Yn: No
  • Lot Size Acres: 0.14
  • Ownership: Corporate
  • Subdivision Name: None
  • Architectural Style: Two Story
  • 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: Vinyl, Wood
  • Basement: Unfinished, Walk-Out Access
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bedroom on Main Level, Fireplace
  • Living Area: 1309.0
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Shingle
  • Fencing: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Brick, Drywall
  • Other Structures: Guest House
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Electric, Zoned
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Colonial Heights

Lot Info

  • Parcel Number: 4300-05-00-003
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2186.4
  • Tax Lot: 3

MLS Schools

  • Elementary School: Lakeview
  • High School: Colonial Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Dec 20, 2024
Sold by
Tri City Investments Llc
Bought by
Jones Nathan Carlton
Seller's Agent
Jon Gates
EXP Realty LLC
Buyer's Agent
Jon Gates
EXP Realty LLC
List Price
$259,999
Sold Price
$230,000
Premium/Discount to List
-$29,999
-11.54%
Views
31
Current Estimated Value
$235,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,333
Avg. Annual Appreciation
2.52%
Original Mortgage
$6,900
Outstanding Balance
$5,867
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$227,418

Purchase Details

Closed on
Oct 3, 2022
Sold by
Upton John R and Upton Sherry W
Bought by
Tri City Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 8, 2022
Sold by
Whelan Upton Sherry L
Bought by
Upton John R and Upton Sherry W
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 Nathan Carlton $230,000 Ratified Title Group
Jones Nathan Carlton $230,000 Ratified Title Group
Tri City Investments Llc $160,000 --
Upton John R -- Wyche F Lewis
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Nathan Carlton $6,900
Closed Jones Nathan Carlton $6,900
Open Jones Nathan Carlton $223,100
Closed Jones Nathan Carlton $223,100
Previous Owner Tri City Investments Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $230,000 -8.0% $176 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
11/08/2024 11/08/24 Price Changed $249,999 -3.8% $191 / Sq Ft
11/08/2024 11/08/24 For Sale $259,999 -- $199 / 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 $2,186 $182,200 $48,000 $134,200
2024 $3,450 $182,200 $48,000 $134,200
2023 $1,800 $150,000 $40,000 $110,000
2022 $900 $150,000 $40,000 $110,000
2021 $775 $129,200 $36,000 $93,200
2020 $1,550 $129,200 $36,000 $93,200
2019 $1,418 $118,200 $32,500 $85,700
2018 $1,418 $118,200 $32,500 $85,700
2017 $1,346 $0 $0 $0
2016 $1,279 $112,200 $0 $0
2015 $677 $0 $0 $0
2014 $677 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 2429029

Central Virginia Regional MLS

APN: 43000500003