NOT LISTED FOR SALE

550 E German School Rd Richmond, VA 23224

Estimated Value: $261,000 - $316,000

3 Beds
2 Baths
1,236 Sq Ft
$228/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $105,000 $85 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,739/month

52 Days on Market

Highlights

  • Deck
  • Front Porch
  • Cooling Available
  • Open High School Rated A+
  • Eat-In Kitchen
  • Ceiling Fan

About This Home

As of November 2015

This home is located at 550 E German School Rd, Richmond, VA 23224 since 18 August 2015 and is currently estimated at $281,996, approximately $228 per square foot. This property was built in 2010. 550 E German School Rd is a home located in Richmond City with nearby schools including Miles Jones Elementary School, Huguenot High School, and Open High School.

Last Agent to Sell the Property

Daniel Nieding

New Market Realty License #0225093722 Listed on: 08/18/2015

Last Buyer's Agent

Diane Bowman

Dalton Realty License #0225208457

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,632

Year Built

  • Built in 2010

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Zoning described as R-4 Single Family

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Eat-In Kitchen
  • Dryer Hookup

Flooring

  • Partially Carpeted
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Driveway
  • Unpaved Parking

Outdoor Features

  • Deck
  • Front Porch

Schools

  • Miles Jerome Jones Elementary School
  • Elkhardt Middle School
  • Huguenot High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number C0060925035

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,632

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2010
  • Property Attached Yn: No
  • Lot Size Acres: 0.3756
  • Lot Size: 16,359 sq.ft.per tax
  • Exclusions: NONE
  • Ownership: REO
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Actual
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Partially Carpeted, Vinyl
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Bedroom on Main Level, Ceiling Fan(s), Eat-in Kitchen, Main Level Primary
  • Living Area: 1236.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, No Garage, Unpaved

Utilities

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

Schools

  • Middle Or Junior School: Elkhardt

Lot Info

  • Parcel Number: C0060925035
  • Zoning Description: R-4 Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1632.0

MLS Schools

  • Elementary School: Miles Jerome Jones
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2015
Closed on
Nov 17, 2015
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Young Susan M
Seller's Agent
Daniel Nieding
New Market Realty
Buyer's Agent
Diane Bowman
Dalton Realty
List Price
$121,600
Sold Price
$105,000
Premium/Discount to List
-$16,600
-13.65%
Current Estimated Value
$281,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,996
Avg. Annual Appreciation
10.21%
Original Mortgage
$99,750
Outstanding Balance
$78,458
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$203,538

Purchase Details

Closed on
Jan 27, 2015
Sold by
Professional Foreclosure Corp
Bought by
Secretary Of Hud

Purchase Details

Closed on
Jun 11, 2010
Sold by
Biringer Builders Inc
Bought by
Jenkins Tai A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,990
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Young Susan M $105,000 C & C Title & Settlement Llc
Secretary Of Hud $133,602 --
Jenkins Tai A $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Susan M $99,750
Previous Owner Jenkins Tai A $135,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Sold $105,000 -13.7% $85 / Sq Ft
10/09/2015 10/09/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $121,600 -- $98 / 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 $3,168 $268,000 $53,000 $215,000
2024 $3,168 $264,000 $48,000 $216,000
2023 $2,808 $234,000 $40,000 $194,000
2022 $2,508 $209,000 $40,000 $169,000
2020 $1,920 $160,000 $30,000 $130,000
2019 $1,764 $147,000 $30,000 $117,000
2018 $1,704 $142,000 $30,000 $112,000
2017 $1,680 $140,000 $25,000 $115,000
2016 $1,632 $136,000 $25,000 $111,000
2015 $1,644 $136,000 $25,000 $111,000
2014 $1,644 $137,000 $25,000 $112,000
Source: Public Records

Agents Affiliated with this Home

  • Daniel Nieding

    Seller's Agent in 2015

    Daniel Nieding

    New Market Realty

    (804) 873-5666

    75 Total Sales

    Daniel Nieding
    Section Image

  • D

    Buyer's Agent in 2015

    Diane Bowman

    Dalton Realty

    (804) 502-5086

    1 Total Sale

    Diane Bowman
    Section Image
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Map

Source: Central Virginia Regional MLS

MLS Number: 1522697

Central Virginia Regional MLS

APN: C006-0925-035

Virginia Richmond City County Richmond 23224

550 E German School Rd, Richmond, VA

Not Listed for Sale

Detached

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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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