NOT LISTED FOR SALE

5501 Princess Ella Ln Richmond, VA 23225

Swanson Neighborhood

Estimated Value: $297,000 - $360,000

3 Beds
2.5 Baths
1,604 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $161,525 $101 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,076/month

116 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • Breakfast Area or Nook
  • Open High School Rated A+
  • Separate Formal Living Room
  • Thermal Windows

About This Home

As of June 2016

"Cordle Crossing"! Richmond's newest community in the Hull 360 corridor. Builder pays $4000 in closing costs or upgrades. Stunning new homes with great floor plans! The 2-story base plan includes 3 bedrooms, 2 1/2 baths, vinyl siding, standard kitchen counter tops, carpet, and vinyl flooring. Includes a large master suite with his & her walk-in closets and linen closet. Bright kitchen offers great open flow and space to gather around the table. Includes a large Mudroom/utility room, formal dining room, and a large family room that will accommodate a big screen TV and plenty of seating. Completed ranch available to view! 30 new homes to be built! Add your extras and custom select your fixtures! Hurry for the best lot selection. Homes can be completed from start to finish in 120 days. Builder to include the stainless steel appliance package (except the refrigerator) on all homes sold this year!

Last Agent to Sell the Property

Jimmy Benson

Shaheen Ruth Martin & Fonville License #0225250145 Listed on: 08/10/2015

Shaheen Ruth Martin & Fonville

Last Buyer's Agent

Randi Tormollen

Long & Foster REALTORS License #0225212615

Long & Foster REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $240

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 9,017 Sq Ft Lot
  • Zoning described as R-4 Single Family

Home Design

  • Home to be built
  • Colonial Architecture
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Separate Formal Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Driveway
  • Unpaved Parking

Outdoor Features

  • Front Porch

Schools

  • Reid Elementary School
  • Elkhardt Middle School
  • Huguenot High School

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Community Details

  • Cordle Crossing Subdivision

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number C0070175027

Home Details

Home Type

Single Family

Est. Annual Taxes

$240

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2015
  • Property Attached Yn: No
  • Lot Size Acres: 0.207
  • Ownership: Partnership
  • Subdivision Name: Cordle Crossing
  • Architectural Style: Colonial, Two Story
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: To Be Built
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Water Heater, Range Hood, Stove
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Interior Amenities: Breakfast Area, Separate/Formal Dining Room, Eat-in Kitchen, Bath in Primary Bedroom, Pantry, Walk-In Closet(s)
  • Living Area: 1604.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Patio And Porch Features: Front Porch
  • Property Condition: New Construction

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Elkhardt

Lot Info

  • Parcel Number: C0070175027
  • Zoning Description: R-4 Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 240.0
  • Tax Lot: 27

MLS Schools

  • Elementary School: Reid
  • High School: Huguenot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
May 18, 2016
Sold by
Cordle Stuart S and Washington Theresa L
Bought by
Innovative Builders Of Virginia Llc
Seller's Agent
Jimmy Benson
Shaheen Ruth Martin & Fonville
Buyer's Agent
Randi Tormollen
Long & Foster REALTORS
List Price
$159,995
Sold Price
$161,525
Premium/Discount to List
$1,530
0.96%
Current Estimated Value
$332,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,834
Avg. Annual Appreciation
7.98%
Original Mortgage
$146,545
Outstanding Balance
$116,660
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$215,699
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Innovative Builders Of Virginia Llc $161,525 Safe Harbor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Innovative Builders Of Virginia Llc $146,545
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2016 06/07/16 Sold $161,525 +1.0% $101 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $159,995 -- $100 / 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 $3,936 $328,000 $53,000 $275,000
2024 $3,888 $324,000 $48,000 $276,000
2023 $3,456 $288,000 $40,000 $248,000
2022 $3,096 $258,000 $40,000 $218,000
2021 $2,460 $211,000 $30,000 $181,000
2020 $2,460 $205,000 $25,000 $180,000
2019 $2,196 $183,000 $25,000 $158,000
2018 $2,136 $178,000 $25,000 $153,000
2017 $2,124 $177,000 $20,000 $157,000
2016 $240 $20,000 $20,000 $0
2015 $240 $20,000 $20,000 $0
2014 $240 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central Virginia Regional MLS

MLS Number: 1522678

Central Virginia Regional MLS

APN: C007-0175-027