NOT LISTED FOR SALE

5501 Cary Street Rd Richmond, VA 23226

Wilton Neighborhood

Estimated Value: $4,980,917 - $5,854,000

7 Beds
10 Baths
10,090 Sq Ft
$529/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $2,600,000 $258 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $32,184/month

210 Days on Market

Highlights

  • Concrete Pool
  • 3.12 Acre Lot
  • Tudor Architecture
  • Mary Munford Elementary School Rated A-
  • Wood Flooring
  • 3 Fireplaces

About This Home

As of January 2020

With 3 acres in the city of Richmond, Windemere is a spectacular and dramatic property while simultaneously being one of warmth and charm. Originally built as a hunting lodge, this 4-story English Estate sits back from Cary Street Road with its green lawns, circular driveway and Charles Gillette formal garden. This 10,000+ square foot home offers the most prepossessing entrance hall with its beamed ceiling, grand staircase, and original oak paneling, now painted a welcoming soft white. The delightful “hidden” guest bath off the foyer is a joy to see. Arched doorways lead to the light-filled living areas and dining room. The sun room with continuous 12-paned windows overlooks the back-terrace and lawn. The kitchen has custom-designed cabinetry, granite counter tops, and a double sided fireplace. The guest apartment with its own staircase has a living area, kitchenette, bedroom and adjoining full bath. The lower level includes a recreation room or media room, full bath, sauna, laundry area, wine cellar and access to the climate controlled 4 car garage (each bay is 2 cars deep). This unique property is completed with an elevator, pool and amazing outdoor patio space.

Last Agent to Sell the Property

Mahood Fonville

Shaheen Ruth Martin & Fonville License #0225028167 Listed on: 03/26/2019

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Patrick Loth

The Kerzanet Group LLC License #0225203797

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,832

Year Built

  • Built in 1907

Lot Details

  • 3.12 Acre Lot
  • Wrought Iron Fence
  • Partially Fenced Property

Parking

  • 2 Car Direct Access Garage
  • Basement Garage
  • Garage Door Opener
  • Circular Driveway
  • Off-Street Parking

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Stucco

Interior Spaces

  • 10,090 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Balcony
  • Patio

Schools

  • Munford Elementary School
  • Albert Hill Middle School
  • Thomas Jefferson High School

Utilities

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number W022-0085-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,832

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1907
  • Property Attached Yn: No
  • Lot Size Acres: 3.116
  • Ownership: Partnership
  • Subdivision Name: None
  • Architectural Style: Tudor
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 4
  • Year Built Details: Approximate
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 1847.0
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Flooring: Wood
  • Basement: Full, Finished, Garage Access
  • Appliances: Double Oven, Dishwasher, Gas Cooking, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 1752.0
  • Fireplace Features: Masonry, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Wet Bar, Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Bath in Primary Bedroom, Walk-In Closet(s)
  • Living Area: 10090.0
  • Stories: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Slate
  • Fencing: Fenced, Partial, Wrought Iron
  • Pool Features: Concrete, In Ground, Pool
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Brick, Block, Stucco
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Direct Access, Garage Door Opener, Off Street

Utilities

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

Schools

  • Middle Or Junior School: Albert Hill

Lot Info

  • Parcel Number: W022-0085-001
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 41832.0
  • Tax Lot: 4

MLS Schools

  • Elementary School: Munford
  • High School: Thomas Jefferson

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Dec 10, 2019
Sold by
W Harold Talley 1 Llc
Bought by
5501 Cary Street Llc
Seller's Agent
Mahood Fonville
Shaheen Ruth Martin & Fonville
Buyer's Agent
Patrick Loth
The Kerzanet Group LLC
List Price
$3,425,000
Sold Price
$2,600,000
Premium/Discount to List
-$825,000
-24.09%
Current Estimated Value
$5,334,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,734,972
Avg. Annual Appreciation
12.73%
Original Mortgage
$2,000,000
Outstanding Balance
$1,763,288
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,571,684

Purchase Details

Closed on
May 2, 2018
Sold by
Malone Christopher M
Bought by
W Harold Talley I Llc A Virginia Limited

Purchase Details

Closed on
Aug 8, 2016
Sold by
The Elizabeth Graham Brown Revocable Liv
Bought by
George V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2002
Bought by
Brown Larry E and Brown Betty G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
5501 Cary Street Llc $2,600,000 Attorney
W Harold Talley I Llc A Virginia Limited $2,872,000 None Available
George V Llc $3,500,000 Attorney
Brown Larry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5501 Cary Street Llc $2,000,000
Previous Owner George V Llc $2,800,000
Previous Owner Brown Larry E $1,740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2020 01/06/20 Sold $2,600,000 -24.1% $258 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $3,425,000 -2.1% $339 / Sq Ft
11/04/2016 11/04/16 Sold $3,500,000 -12.5% $340 / Sq Ft View Prior Sale
04/11/2016 04/11/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $3,999,999 -- $389 / 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 $51,456 $4,861,000 $1,236,000 $3,625,000
2024 $51,456 $4,288,000 $1,045,000 $3,243,000
2023 $33,048 $2,754,000 $1,045,000 $1,709,000
2022 $30,996 $2,583,000 $875,000 $1,708,000
2020 $21,090 $3,515,000 $875,000 $2,640,000
2019 $41,832 $3,486,000 $875,000 $2,611,000
2018 $40,992 $3,416,000 $875,000 $2,541,000
2017 $43,224 $3,602,000 $875,000 $2,727,000
2016 $37,728 $3,144,000 $875,000 $2,269,000
2015 $36,420 $3,084,000 $700,000 $2,384,000
2014 $36,420 $3,035,000 $700,000 $2,335,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Virginia Regional MLS

MLS Number: 1909514

Central Virginia Regional MLS

APN: W022-0085-001